I sold all hotels and tourist holdings in March 2020 as the sky was falling in. I held a fair number of EVT but also a few others. Recently I decided that Covid was now one of the illnesses you can contract and life including travel was on the cards again.
In looking at whether to invest in EVT directly I did an exercise on CIN. I found that whilst I don't hold that many of CIN shares that if I valued those I would not want to have at any price plus an appropriate discount for things like TLS what was the fair value CIN was for me. That exercise knocked around $2,40 off the NTA so it was still a great price and I invested. I don't believe that it is a bad LIC just different and it doesn't pay out 100% of income so at around 80%.it isn't surprising that it not high on lists of investors who love LIC's - I personally think the discount is very likely linked to low liquidity and the dividend yield of only 80% of income.
I am happy with this as a part of my portfolio.
- Forums
- ASX - By Stock
- CIN
- Carlton Investments
Carlton Investments, page-4
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CIN (ASX) to my watchlist
|
|||||
Last
$30.40 |
Change
-0.300(0.98%) |
Mkt cap ! $804.0M |
Open | High | Low | Value | Volume |
$30.40 | $30.40 | $30.40 | $30.4K | 1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2 | $30.20 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$30.30 | 1565 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2 | 30.200 |
1 | 750 | 29.290 |
1 | 710 | 29.250 |
1 | 34 | 29.210 |
1 | 400 | 29.200 |
Price($) | Vol. | No. |
---|---|---|
30.300 | 1565 | 1 |
30.340 | 619 | 1 |
30.350 | 732 | 1 |
30.390 | 1000 | 1 |
30.400 | 1264 | 1 |
Last trade - 10.02am 02/09/2024 (20 minute delay) ? |
Featured News
CIN (ASX) Chart |