||EPS - Basic
||Market Cap (m)
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Montanaro Uk Share Discussion Threads
Showing 26 to 47 of 50 messages
|topvest, I would prefer 5% initial max, up to 8% max weighting per stock with outperformance, with max 60% weighting for top 10. Suspect current policy results in a higher OCF ?|
|They do trim back excessive holdings above 4% I believe through top-slicing. A cautious approach, but suspect if they set at 10% they would do much better.|
|Recent bought in, based almost entirely on the heavy discount (almost 23%). I'm doubting that the whole portfolio can be so pessimistic all through 2017 unless every last holding is an exporter to the EU. And maybe the uncertainties ahead will bring MTU's stock-picking style back in favour.
RE: 4% restriction - please note this is only a limit for initial investments, it does not necessarily mean not running its winners. On the other hand it could be argued that the current top 10 holdings having a weighting of between 2.6% and 3.6% doesn't exude any particular confidence of conviction.|
|The discount is now up to 20% which is much higher than the average small company investment trust. Given the long term record, this discount is absurd; I have increased my exposure here very heavily.
Topvest, I can understand why they prefer to restrict individual holdings to 4% or so; they are running a pretty concentrated portfolio of only 47 companies.|
|Yes, good trust this one. I agree with all their policy except restricting investments to 4% which seems a classic "not running your winners" - looks like that policy came from Tweedy Browne the classic value investing firm. 10% maybe, but 4% no!|
|New Annual Report and Accounts just published. AGM will be 30/7/14.
Dividend 7 1/2 pence to be paid 13/8/14.shares trade xd.
NAV current £5.2799 nice discount, report reads well.|
|Added a few of these on weakness and given the 10% discount. A good long term record that should continue.|
|I thought I would start a new thread for this investment trust, given the existing threads don't have charts etc.|
|Just noticed that Newton Investment Management have a holding here. I'm tracking the rest of their holdings on the WAM thread.
|Dan Harlow to leave Montanaro
|Well this thread is all very well and good, but it's a trifle over-active for my taste ;-).|
|Section 4 could Help
|Has anyone else used this yet?|
|No need for speed :-(|
|Thanks for this info, I have just run that MTU file and my system seems to be running quicker (noticable on L2 windows refresh)|
|If you want the tech bit about Win2000 and XP and are ok with editing the Registry go here http://www.speedguide.net/Cable_modems/cable_reg_win2k.shtml
It doesn't matter what provider or hardware you have.|
|BT Wholesale have developed an MTU ADSL performance tweaker that will enable any customers who use Windows 95, 98, ME, 2000, XP and NT systems to easily modify the MTU (Maximum Transmission Unit) to 1458 bytes on the ADSL interface whether it's via a USB modem or an Ethernet Network Interface Card.
Early results have shown that if customers utilise the tool it results in improved network performance for them.|
|ZenADSL MTU ADSL performance tweaker
I can recommend This . This is a must if you have a Network !
Fragmentation is the result of IP packets, larger than the 1500 byte maximum attempting to the pass across the network. The MTU tool enables users of Microsoft Windows based operating systems, to improve their network performance. By modifying the MTU to a setting suitable for the network, the MTU can be lowered to stop fragmentation, thereby improving the perceived performance of the network. This setting is nominally 1458 bytes. The change is made to the ADSL interface whether it's via a USB modem or an Ethernet Network Interface Card.
Test your speed on this site .http://www.adslguide.org.uk/ fourth box on left (click speed test)
Then install MTU and see the increase in speed You have to reboot !
http://www.zensupport.co.uk/mtu/ for non bt customers !
|Hmm - just come back after a couple of weeks away - these seem to have taken a right kicking, and have been well and truly broken down out of their previous range. Do you know if there is a specific reason for MTU doing this, or a general following down of the market?|
|I do indeed follow ITs in some detail, particularly from the short-term relative discount point of view. Know nothing at all about charts, so am very happy to exchange news and views with someone of your knowledge.
Don't hold any smaller companies ITs at the mo but always scan through every IT in every sector every week to catch any anomalous discounts. Jupiter Primadona, EFS and DRE are three of my current favourites, however have yet to act on any of them.
I'll keep an eye on MTU for a while now to see how the chart performs. The up/down range certainly shows a trading range so I guess there's currently no real reason to assume it won't continue to trade within it. These days, a 15% gain in 2-3 mths is not to be sniffed at...|
|I've not really thought through the discount to NAV issue, which is one reason why I'm a little wary.
My interest in MTU came about purely from spotting the chart a couple of months ago - on a chart basis, EFS seems to have just pulled up (slightly) from a death spiral, which doesn't greatly encourage me - been in enough death spirals recently to last me a lifetime.
Do you follow Inv Trusts generally, or have a specific interest in these ones?
ITs are an area I've looked at briefly a couple of times, and am getting interested again, mainly from a charts viewpoint, at the moment.|
|MTU is currently trading at a discount of c. 15.8% which is less than its year average of 17.25%, so as purely a discount-to-NAV bet, not so good. Highest recent discount was c. 11.5%, so one could argue that a return to favour for smaller cos could shorten the discount a little from here.
In this sector, I'd consider Edinburgh Smaller from a discount relative to 1yr av discount.|