THRG

Blackrock Throgmorton Trust Plc

612.00
-4.00 (-0.65%)
Share Name Share Symbol Market Type Share ISIN Share Description
Blackrock Throgmorton Trust Plc LSE:THRG London Ordinary Share GB0008910555 ORD 5P
  Price Change % Change Share Price Shares Traded Last Trade
  -4.00 -0.65% 612.00 108,109 16:29:54
Bid Price Offer Price High Price Low Price Open Price
611.00 613.00 615.00 607.00 610.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Investment Trusts Div'd -235.63 -295.89 -292.50 - 619.09
Last Trade Time Trade Type Trade Size Trade Price Currency
17:09:57 O 623 609.189 GBX

Blackrock Throgmorton (THRG) Latest News (1)

Blackrock Throgmorton (THRG) Discussions and Chat

Blackrock Throgmorton Forums and Chat

Date Time Title Posts
12/10/202208:44Throgmorton Trust Good value 21.5% discount70

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Blackrock Throgmorton (THRG) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2023-06-08 16:10:10609.196233,795.25O
2023-06-08 16:08:38609.577414,516.88O
2023-06-08 15:35:23612.002,93017,931.60UT
2023-06-08 15:27:45612.002501,530.00AT
2023-06-08 15:24:04612.002501,530.00AT

Blackrock Throgmorton (THRG) Top Chat Posts

Top Posts
Posted at 19/5/2022 16:38 by essentialinvestor
Hi Joe, bought 2 lots of 3i today and bought back some IMI I sold earlier on the week.


Unfortunately prudence does not always pay as sold 24,000 COA last week at 69.9,
around 78 pence was available for a time late yesterday - ouch!.

Really like COA longer term, thought China lock downs may have impacted their
manufacturing capacity, not the case.

Helical is 10% approx above my recent sell price.


Hopefully volatility throws up opportunities, good fortune.

Posted at 12/5/2022 21:17 by spectoacc
If anyone's interested, the list of all holdings as of 31st December is here:

Https://www.blackrock.com/uk/literature/policies/throgmorton-portfolio-disclosure.pdf

Looks like an idiot's SIPP.

Guess it's the gearing, but going some to underperform the market when you largely seem to hold the market - concentrated it ain't. 74 holdings of 1% or less, basically a rounding error if one of them doubles.

Not a bad strategy for the managers tho - buy 100+ holdings, gear right up, then take 15% of any outperformance as a performance fee when the market's rising, and still get paid when, as now, it falls.

Want to like THRG, but the more I scratch the surface, the more I think it deserves a higher discount.

Posted at 05/5/2022 14:14 by jfinvestments
Discount to Nav seemed like a good price for adding today. Sub 620p. I will consider this as my one of my Uk growth holdings which I will continue to add to during the volatility. When at a discount, at around this price or lower is a good bargain for a quality trust.
Posted at 19/2/2021 09:06 by lozzer69
THRG continues to be my best small company trust over last couple of years. The fact they have flexibility to short has helped during last year. I still think it's a good trust for long term.
Posted at 29/2/2020 13:48 by basstrend
I hold six investment trusts in my SIPP, and they all took a severe bashing last week. THRG dropped a whopping 18.28% !!

In just one week the average drop was 17%, which is quite a bit higher than the global markets dropped in the last week. Not sure I understand why ITs suffered worse (other than travel related stocks) compared to other stocks and indices..

Anyway, here's the drop I observed on the 6 trusts mentioned above, in the last 5 market days only -

18.95% ATT - Allianz Technology Trust
18.28% THRG - BlackRock Throgmorton Trust
18.85% MNL - Manchester & London Inv Trust
14.86% PCT - Polar Capital Trust
13.69% SMT - Scottish Mortgage Trust
17.39% SSON - Smithson Inv Trust

NB the average 5 day drop across these 6 IT's is: 17% - quite shocking really!

Posted at 10/4/2018 23:24 by gorse
Very pleased with performance of THRG.
Posted at 05/4/2017 10:59 by biggest bill
It's sometimes amazing how irrational the market can become. Given the nav performance, the discount for this trust should be much less than the average for small British companies. Instead the discount is one of the highest. Actually I hope the share price doesn't go up much today; I have money waiting to go into my isa tomorrow and it's all going into Throgmorton.
Posted at 18/2/2014 16:44 by tiger20
THRG Took a hit on Blinx last month
Posted at 13/11/2012 14:12 by coolen
Any other trusts on such a large discount ? Any chance THRG might address the issue ?
Posted at 20/12/2010 09:02 by rampmeister
To paraphrase posting from Jackie Wilson on BPC thread - The Throgmorton Investment Trust run by Blackrock [Merrill] owns some BPC - from their monthly update 0n 16/12/2010:

"The main positive contributors to our outperformance during the month, relative to the Company's benchmark, were all in the resources space: Western Coal, Bahamas Petroleum and Cove Energy. Western Coal announced that it was in discussions with Walter Energy, a US listed coal producer, to be acquired. Its shares rose by more than 40% after the announcement. Bahamas Petroleum shares also rose strongly as coverage of this small oil exploration company increased. It has extensive acreage in the Bahamas, just north of oilfields in Cuban waters. Run by Alan Burns, the founder of Hardman Resources, which was sold to Tullow Oil, we see this as potentially a very exciting company."

Since this update BPC (which I also own) has increased by around 60% in value and up another 5% today. Let's hope that some of this uplift will eventually filter down into THRG share price

Following on from Chrisgail's latest post, it's interesting that since this bb started back in 2002 the discount to NAV has hardly changed at all.

RM

Blackrock Throgmorton share price data is direct from the London Stock Exchange
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