ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

BRSC Blackrock Smaller Co Trust Plc

1,340.00
-20.00 (-1.47%)
16 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Blackrock Smaller Co Trust Plc LSE:BRSC London Ordinary Share GB0006436108 ORD 25P
  Price Change % Change Share Price Shares Traded Last Trade
  -20.00 -1.47% 1,340.00 63,235 16:35:11
Bid Price Offer Price High Price Low Price Open Price
1,338.00 1,340.00 1,342.00 1,330.00 1,340.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Trust,ex Ed,religious,charty -132.65M -140.73M -2.9165 -4.59 645.62M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:11 UT 5,130 1,340.00 GBX

Blackrock Smaller (BRSC) Latest News (2)

Blackrock Smaller (BRSC) Discussions and Chat

Blackrock Smaller Forums and Chat

Date Time Title Posts
01/1/202419:29Orphan112

Add a New Thread

Blackrock Smaller (BRSC) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
15:35:111,340.005,13068,742.00UT
15:26:301,338.91881,178.24O
15:22:311,338.00680.28AT
15:22:311,338.0015200.70AT
15:22:311,338.0014187.32AT

Blackrock Smaller (BRSC) Top Chat Posts

Top Posts
Posted at 16/4/2024 09:20 by Blackrock Smaller Daily Update
Blackrock Smaller Co Trust Plc is listed in the Trust,ex Ed,religious,charty sector of the London Stock Exchange with ticker BRSC. The last closing price for Blackrock Smaller was 1,360p.
Blackrock Smaller currently has 48,252,292 shares in issue. The market capitalisation of Blackrock Smaller is £645,615,667.
Blackrock Smaller has a price to earnings ratio (PE ratio) of -4.59.
This morning BRSC shares opened at 1,340p
Posted at 24/11/2023 14:39 by trader465
“Saba has over 10% of this company, notification date 11 October”

And what is their risk? They wouldn’t give a toss if the price went to 0p, it’s just a fraction of AUM
Posted at 03/10/2023 23:17 by boozey
MRF, there was a share buyback here today by blackrock that helped the volume. We are close to a 3 year low here now
Posted at 03/10/2023 15:33 by essentialinvestor
That's difficult to say, BRSC had doubled from the 2008 GFC low by mid 2010.

I'm not sure that's a great guide though as back then equities were priced as if the
world was ending.


Have stuck MSLH on a watch list btw for a possible 2024 buy.
Posted at 03/10/2023 10:51 by essentialinvestor
Not usually ;

Recession risk is increasing and with that
smaller company share prices are under increasing pressure, as always it's very difficult to time a cycle low and not something I could attempt, let alone do.
With that in mind adding small amounts
as and when is the plan.
Posted at 16/11/2022 10:46 by henryatkin
I sold in Feb & recently bought back at 30% discount to the 12 month high & 38% to the all time high. If the price falls to offer me a 50% discount to the all time high I'll buy more. Can't see that happening though with the US showing 3 months of lower inflation & rising manufacturing. Rates and energy are still a worry .here.
Posted at 22/11/2021 14:31 by speedsgh
Some interesting in today's update...



... The current environment continues to present us with challenges and the market remains vulnerable to spikes in volatility. However, we see the current challenges as an opportunity for this strategy. While there are many concerns around supply chain issues and rising cost inflation, these issues are supply-side rather than demand-driven, and we believe that a supply-side issue in a capitalist market promotes a supply-side response, i.e. more investment. We would be much more concerned if the issues were demand-led, which would raise the spectre of stagflation.

Ultimately, we believe we own well-invested firms with pricing power, in markets where latent demand is high, so we think that we are in the right place. There is no financial crisis, consumers don’t have masses of debt, corporates are well capitalised and banks have capital. We don’t believe any rate rises will derail the recovery, and most importantly we are confident that we own market leading businesses. We thank shareholders for their continued support.
Posted at 28/2/2021 09:54 by xtrmntr
The UK stock market has been a disappointment for years, but with a vaccination roll-out among the best in the world, and the possibility of the UK attracting more foreign investment now the Brexit transition period has ended, there are reasons to be optimistic that Britain might outdo expectations if reopening the economy goes to plan.The UK has performed poorly partly because it has high exposure to older industries such as oil and gas, banking and mining and little exposure to high-growth technology companies. But if you look down the market cap scale there are, it seems, attractive investment options. "I'd say the UK is one of the few areas of value remaining in global markets, alongside Japan, so certainly not an area investors should ignore or give up on," says Rob Morgan, pension and investment analyst at Charles Stanley. However, the next 12-month consensus earnings for the Numis Smaller Companies Index + AIM ex Investment Companies is currently negative, highlighting the number of troubled companies out there and the importance of skilled stock picking. UK smaller companies funds have performed better than their peers, both over the past year and over the long term. Over the year to 18 February, investment trusts in the Association of Investment Companies UK Smaller Companies sector returned an average of 8 per cent, compared with a 2 per cent drop for the UK All Companies sector. And over the last 65 years, UK small caps, as measured by the Numis Smaller Companies Index + AIM ex Investment Companies, have outperformed the FTSE All-Share by about 4 per cent a year, according to BlackRock's analysis of data from Datastream.The investment trust structure is particularly good for smaller company funds, given the sometimes limited liquidity of small-cap stocks. Within the UK smaller companies investment trust sector, BlackRock has a well-respected team and two investment trusts; BlackRock Smaller Companies Trust (BRSC) and BlackRock Throgmorton Trust (THRG). Both are in the top five performers in terms of net asset value (NAV) returns over the past five years, according to Winterflood data. Both trusts have access to BlackRock's UK emerging companies research team, which undertakes about 700 meetings a year to spot under-researched companies with the best growth potential. The two trusts used to have the same manager, Mike Prentis, who handed the reins of BlackRock Throgmorton to Dan Whitestone in 2018, while Roland Arnold took over the management of BlackRock Smaller Companies in 2019, having been at the firm for two decades. A key difference between the two is the size of company they invest in. While four of the top 10 holdings in the trusts cross over, Throgmorton tends to hold larger companies, with 65 per cent of the portfolio having a market capitalisation of over £1bn at the end of November. The average market cap for companies in BlackRock Smaller Companies, meanwhile, is about half that of its sister fund at £600m, according to Morgan. BlackRock Throgmorton has had better performance, particularly over the past year. Whitestone benefited over the crisis from taking short positions. The trust also has high gearing, which was over 20 per cent on 18 February. While Whitestone has been extremely successful, we, like Morgan, currently prefer BlackRock Smaller Companies, a member of the IC Top 100 Funds list, because the managers may be able to add more value further down the market cap spectrum. On 18 January it traded at a discount to of 4.4 per cent to NAV, making it better priced than BlackRock Throgmorton, which traded at a 2.2 per cent premium. BlackRock Smaller Companies also has significantly less gearing at 6 per cent, no short positions and no performance fee.Fund positioning BlackRock Smaller Companies may not have performed as well against its peers in the past six months as it has over the longer term, but its net assets have risen 6 per cent – in line with its benchmark, Numis Smaller Companies ex Investment Companies. Arnold says he aims to find the 'hidden gems' within the small cap universe, investing in high-quality growth companies that are able to shape their own futures regardless of the wider economic environment.The trust's largest sector allocation is industrials at 26.7 per cent, ahead of 23.7 per cent for its benchmark. The trust's second-largest sector allocation is financials at 18.4 per cent – broadly in line with the benchmark. Technology and Healthcare make up 9.9 per cent and 6.4 per cent of assets, respectively. The trust had sharp losses in last year's sell-off owing to relatively high exposure to the UK domestic economy, through both consumer and travel and leisure companies. But Arnold believes a number of his holdings are poised to benefit when the economy opens up. In his latest interim report he gives pub groups Youngs (YNGA) and Fuller Smith & Turner (FSTA) as examples of companies that have dealt with the challenges of the pandemic well, and should see their competitive positions enhanced after lockdown. Arnold also purchased new holdings in City Pub Group (CPC) and JD Wetherspoons (JDW) last year, when he believed they had become very attractively priced.Shares in UK housebuilder Vistry (VTY), flexible office provider Workspace (WKP) and exhibition firm Hyve (HYVE) have also been detractors to performance, but Arnold believes all are in a strong position to benefit from a recovery. The trust does not provide a full list of its holdings, but the latest half yearly report showed its largest 20 holdings made up 34 per cent of the fund, so individual company risk is reasonably low. On the more positive side, the trust also holds a number of the stock market's favourite names. YouGov (YOU), Watches of Switzerland (WOSG) and drug development service firm Ergomed (ERGO) were its top top three holdings at the end of December, with Impax Asset Management (IPX) also in the top 10, whose share price has doubled over the past year along with the rise in interest in sustainable investing. The increase in takeover activity for small-cap companies, notably from private equity and overseas bidders, could prove a boon to performance this year. Cloud communications software specialist Imimobile (IMO) and smart meter installation and asset owner Calisen (CLSN) are two examples of companies whose share prices soared toward the end of last year following takeover bids.The outlook in the UK is still very uncertain, as new strains of the virus threaten vaccine efficacy. Smaller companies can be more financially vulnerable than the market stalwarts, and the trust is only suitable for investors with a high risk tolerance and a long-term investment horizon. This trust has not had the best performance in the sector, but it has a large portfolio of resilient companies that looks well positioned for a gradual opening of the economy. Buy.
Posted at 09/2/2021 12:21 by malcolmmm
Doubled my money on Blackrock BRSC this year
Posted at 23/1/2021 18:33 by xtrmntr
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.
Posted at 23/6/2020 14:22 by malcolmmm
My prediction is that the share price by Xmas will be over £20 a share, well over
Blackrock Smaller share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock