Share Name Share Symbol Market Type Share ISIN Share Description
Downing Strate. LSE:DSM London Ordinary Share GB00BF0SCX52 RED ORD GBP0.001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.25p -0.26% 97.75p 96.50p 99.00p 98.00p 97.75p 98.00p 33,074 14:48:41
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
- - - - 54.35

Downing Strate. Share Discussion Threads

Showing 51 to 72 of 75 messages
Chat Pages: 3  2  1
DateSubjectAuthorDiscuss
10/10/2017
06:17
Thanks @masurenguy
spectoacc
09/10/2017
23:23
Playing the long game in investment Downing has been running an open-closed cap fund for some years, achieving a good average return. In May it floated Downing Strategic Micro-Cap, a quoted vehicle, raising £54.5m to invest in smaller stocks with a market worth of £150m or less. The trust intended to take relatively large holdings in companies, researching them in the same way that a private equity investor would and being highly engaged with the management. So far, 5 investments have been made, with about a third of that capital deployed. The trust expects to have spent the bulk of the money by next spring and there is the option, contained in the prospectus, to raise about the same amount again in due course when it is needed. For now, Downing is in investment mode. This is a trust to buy for the longer term and for capital appreciation as undervalued companies are identified. MY ADVICE: Buy Complete article: https://www.thetimes.co.uk/edition/business/playing-the-long-game-in-investment-j22n9f2wl
masurenguy
20/8/2017
09:42
njb, Agreed, buy any stock on a five-year view, rather than short-term performance over a year or less. Downing will be rated on the performance from launch though, that is inevitable. This isn't one to trade. SM
strollingmolby
20/8/2017
08:48
Found the subscribe button.DbD :-)
death by donut
20/8/2017
08:44
Thanks guys , I'm not in a hurry , classic I missed that article. Might now start dripping some in on a mthly basis. Thanks again for info. GLADbD
death by donut
20/8/2017
07:57
SM - I would take a five year view on this one. This is a long term play.
njb67
18/8/2017
20:05
DbD, I suspect the price to get moving, in either direction, once the fund is more fully invested. Downing put out this news yesterday saying they are 1/3 invested so far, and naming some of the stocks they have invested in. HTTPS://www.downing.co.uk/news-views/downing-strategic-micro-cap-investment-trust-makes-first-investments The NAV has slipped back behind the share price (97p v 101p) so has moved to a 5% premium, so we need to see some good performance from the limited underlying portfolio to see the NAV catch-up with the share price for now. I suspect it will be a good long-term performer though, so would look at it over a period of a year or more rather than the last quarter when not fully invested. I may even buy some myself! SM
strollingmolby
18/8/2017
15:40
So as a noob to this type of fund/product is there an avg timescale for it to get going?DbD
death by donut
21/6/2017
11:48
Hornby off the list then?
death by donut
06/6/2017
12:29
Ok , tucked away at £1.0232p , happy with that , something different for my sipp.Cheers DbD
death by donut
05/6/2017
15:17
OK , thanks for the info Spec' . Will do some more reading on the matter at home . DbD
death by donut
05/6/2017
12:01
100p issue price, 98p NAV. Doesn't appear they've done much with the money as yet. Microcap stuff often trades at a premium.
spectoacc
05/6/2017
11:19
What was the ipo price? 104p? or the nav value.Sorry to ask , sat on a building site with my dodgy phone.Just looking for a home for a very small part of sipp and this looked interesting for the long term. Saw it in shares mag few weeks ago.Cheers DbD
death by donut
15/5/2017
14:53
Arguably doing rather well so far - though would rather judge them on performance, and it's a bit early for that. Interesting how smallcap ITs often trade on big discounts, but microcaps often on a premium.
spectoacc
11/5/2017
10:48
Agreed @njb67. Not sure how long they'll take to get invested - nor if they'll just bung the lot into Hornby - but happy to sit on them from IPO.
spectoacc
09/5/2017
13:23
Short video on the Trust: www.fmp-tv.co.uk/company/downing-strategic-micro-cap-investment-trust/
oshy92
09/5/2017
12:23
I joined the IPO. One to tuck away as a long term hold.
njb67
04/5/2017
20:58
From LinkedIn: "We're delighted that our first micro-cap investment trust has raised £54.5m, beating its minimum target of £35m." HTTP://www.investegate.co.uk/down-microcap-invtst/rns/issue-of-equity/201705031400020792E/ First trading Tuesday 9 May
strollingmolby
20/4/2017
10:48
This is the latest newsletter of the open-ended micro-Cap fund that the new trust is seeking to replicate. HTTP://www.downing.co.uk/sites/default/files/mi_downing_uk_micro-cap_growth_fund_update_-_mar_2017_0.pdf Top 5 holdings Redhall Group 6.65% Science in Sport 5.80% Pennant 5.9% Smart Metering Systems 4.50% Amino Technologies 4.47%
strollingmolby
20/4/2017
10:43
Short video with Judith MacKenzie on the new trust: HTTPS://vimeo.com/195651172
strollingmolby
19/4/2017
23:28
!FOLLOWFEED New micro-cap fund from Downing, due to commence trading in May. HTTP://www.downing.co.uk/strategic HTTP://www.downing.co.uk/sites/default/files/prospectus_-_downing_-_24.03.2017_-_final.pdf
strollingmolby
03/9/2001
14:10
Hi Everyone - As all replies accepted the 14/9/01 for our first date we have agreed on a time of 8pm start. Anyone who needs directions email me and I will send them the info.... Anyone who has not registered for the meet can still join us as it is an open meeting......for the benefit of one person there will be NO squirrel shooting.. The Agenda is simple, open discussion about what we want to achieve as a group. Discussion on current shares, and possibility of a share club being formed. Anything else.. Regards Les
lesk
Chat Pages: 3  2  1
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