Blackrock Smaller Share Discussion Threads

[malcolmmm] 25/2/2021 08:45

Am back in , spreadbet via Spreadex

[malcolmmm] 09/2/2021 12:21

Doubled my money on Blackrock BRSC this year

[xtrmntr] 23/1/2021 18:33

A good smaller companies fund option is BlackRock Smaller Companies Trust (BRSC). Its managers look for growth companies with the potential to become much larger. They favour high-quality, cash-generative companies with strong management teams that are able to generate their own growth – regardless of the wider economic environment. Around half of its holdings' revenues are generated from overseas operations, which reduces UK economic risk. The trust is also well diversified with around 110 companies, helping to reduce stock-specific risk.The trust has a wider investment remit than some of its peers as it can invest up to half of its assets in Aim stocks. BlackRock Smaller Companies Trust's focus on higher-quality cash-generative companies mitigates some of the risk of investing in Aim and smaller companies, which can be more vulnerable to failure than their larger peers.The focus on higher-quality companies could also mean that the trust lags its peers and smaller companies indices if there is a cyclical or value-led recovery. But the trust's approach should deliver strong returns over the long term – as has been the case so far. It has an excellent long-term record. Much of this is attributable to a previous manager, Mike Prentis, who stepped down in June 2019. However, the trust's lead manager since then has been Roland Arnold, an experienced smaller companies manager who worked with Mr Prentis on BlackRock's small- and mid-cap UK equity portfolios for 14 years. He continues to be supported by BlackRock's UK small- and mid-cap team.

[milesy] 29/12/2020 13:04

As the chart clearly illustrates, the share price literally fell off a cliff in March, so it's heartening to see the extent of the recovery. Still some uncertainty in my mind around the level of redundancies that will likely follow the end of the furlough scheme and the impact thereafter on SMEs.

[jamessmith23] 29/12/2020 10:56

Looking at the aim index this fund has actually underperformed over the last year which is quite surprising. Strong numbers from the fund but the aim index has doubled from the lows as well so actually just looks like a market wide rebound instead of fund or stock specific, so any half decent portfolio has doubled. Amazing to hear people who were down 20-30% in March be up 30% by year end, and fair play to them for sticking it out

[malcolmmm] 29/12/2020 10:38

Doubled my money here and dividends to come , they are on the way to £20 now we have brexited

[yogi] 10/12/2020 22:28

Discount widening again in last few days...

[its the oxman] 25/11/2020 10:40

Wider discount to some of its peers and still over 20% to get back to past high v 7% for hsl. Added 1470p yesterday.

[yogi] 11/11/2020 20:08

Agreed also bought in March but not quite at bottom and then topped up in late September when wide delta to Nav and has closed dramatically since. Lots of investment trusts been good this year but very limited comment on BB - also have MTE since March which have been equally positive..

[malcolmmm] 11/11/2020 10:29

Nice rise lately.

[malcolmmm] 09/11/2020 19:10

Nice rise today, I am up 50% on my initial stake since buying in in March at 919

[1nf3rn0] 07/10/2020 19:45

Just goes to show that if you can be patient, and time buying in here when the discount is wide, you stand to comfortably outperform the mid-cap and small-cap UK trackers.

[hydrogen economy] 07/10/2020 04:45

Interesting move up in the last week or so, the discount had been widening since June to ~16% in late Sept but has closed to 9%, still well above historic values so hopefully has further to recover although COVID and Brexit negotiations could send it the other way.

[1nf3rn0] 02/9/2020 00:12

Sure it's probably pricing in an expected fall, so if smallcaps fall 10%, it's already been priced in here, if they don't, then there is 10% additional upside. Either way this is now relatively good value versus it's benchmark index. (My preference is small / mid caps in the UK market with the FTSE 100 heavily weighted to companies with serious structural issues.)

[milesy] 01/9/2020 17:44

Or is Mr Market pricing in expectation of greater falls among smallcaps due to
COVID-19?

[1nf3rn0] 01/9/2020 11:09

Looks undervalued now based on large discount. Divergence from UK mid caps and small caps over last 3 months purely down to widening discount to NAV, while NAV itself looks to have outperformed those benchmarks over the period.

[milesy] 03/7/2020 21:25

Which way is the triangle formation on the chart gonna break? It looks imminent...

[malcolmmm] 23/6/2020 14:22

My prediction is that the share price by Xmas will be over £20 a share, well over

[malcolmmm] 12/6/2020 08:37

Well they have paid a div and imo a great level to buy in , a year down the line these will have doubled imo as they are buying up good quality stocks on the cheap

[malcolmmm] 03/6/2020 11:37

I am not bothered as they will be hoovering up equities on the cheap, 50% rise since I first purchased isn't bad

[macc2] 28/5/2020 19:26

Can't find any announcement but they have missed their usual ex div date in May. So presumably no div in June.

[malcolmmm] 17/4/2020 10:01

I have to admit that I did buy some yesterday but may sell into strength later on.Their is also another even better trustquite new fund that I am looking at

[malcolmmm] 15/4/2020 19:03

Yep am out now as well, will be back, another good one is S

[jamessmith23] 15/4/2020 12:52

These have held up very well recently but I'm now out, thanks for the tip at £9 Malcolm! Will undoubtedly be back but expecting another market leg down following the strong bounce

[malcolmmm] 07/4/2020 12:19

OOps
20/03/2020
Bought
B587526322
919.41
1,087
10,055.91