Share Name Share Symbol Market Type Share ISIN Share Description
Downing Strategic Micro-cap Investment Trust Plc LSE:DSM London Ordinary Share GB00BF0SCX52 RED ORD GBP0.001
  Price Change % Change Share Price Shares Traded Last Trade
  1.00 1.32% 77.00 59,944 16:21:24
Bid Price Offer Price High Price Low Price Open Price
75.00 79.00 77.00 76.00 76.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 1.00 0.55 1.02 75.5 40
Last Trade Time Trade Type Trade Size Trade Price Currency
14:49:53 O 29,972 78.25 GBX

Downing Strategic Micro-... (DSM) Latest News (1)

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DSM is a large holding in the following funds:
 Fund  Percentage of Fund  Last Updated 
 Downing ONE VCT plc 2.50% 2020-07-31

Downing Strategic Micro-... (DSM) Discussions and Chat

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Date Time Title Posts
10/5/202117:32Downing Strategic Micro-Cap Investment Trust plc313
07/9/200110:25DORSET SHARE MEET34

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Downing Strategic Micro-... (DSM) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-05-13 14:23:2778.2529,97223,453.09O
2021-05-13 13:49:5478.0011,5889,038.64O
2021-05-13 09:33:3573.506,8845,059.74O
2021-05-13 07:10:0473.5011,5008,452.50O
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Downing Strategic Micro-... (DSM) Top Chat Posts

Downing Strategic Micro-... Daily Update: Downing Strategic Micro-cap Investment Trust Plc is listed in the Equity Investment Instruments sector of the London Stock Exchange with ticker DSM. The last closing price for Downing Strategic Micro-... was 76p.
Downing Strategic Micro-cap Investment Trust Plc has a 4 week average price of 76p and a 12 week average price of 70.25p.
The 1 year high share price is 80p while the 1 year low share price is currently 44p.
There are currently 52,398,491 shares in issue and the average daily traded volume is 137,104 shares. The market capitalisation of Downing Strategic Micro-cap Investment Trust Plc is £40,346,838.07.
red ninja: I see DSM list a new holding "Tactus Holdings Limited" at 3.26%. hxxps:// Tactus appears to be a bit of a jack of all trades although its latest acquisition appears to be it biggest deal ie the "landmark acquisition of PC gaming specialist CCL Computers in a deal that sees the group become a £125m business." see link Https:// The group does not currently appear to have a listing as far as I can see. Presumably there may be more detail on the stake acquisition in next results (10/5/21).
spectoacc: Absolutely over-priced US tech & Crypto, and absolutely in the next 12-18 months. But DSM's heavy value bias should at least help. Agree getting shot of RGD loans would really help. But overall, gaining that next 20p, and more to get the share price back up to the £1 2017 issue price, seems a stretch. 1.83% ongoing charge too, which adds up over time.
playful: The DSM portfolio feels like a coiled spring. We believe it contains pent‐up value, which we think can be released on several counts... Investor Letter hTtps://
spectoacc: She always talks a good game, but totally agree - performance from listing has been a shocker, at times approaching Woodford levels. However - only question that should concern buyers/holders now is - does DSM represent value here. I think it does. JM had a decent track record at VCTs before DSM, but DSM shareholders have paid her learning fees.
red ninja: Yes they've not done well, but they hit a bad time to launch the fund ie they bought with the market at a relative high and then it fell. If I buy a fund it's easy for me I can't shift the market even if I wanted, it's tougher for funds especially in the launch period to acquire a meaningful holding at a low price. 2020 has been a great time to launch a fund for example, bargain stocks galore and the market has roared for the right stocks. 2021 will be much tougher, the US markets appear highly overvalued and when the US sneezes we also catch a cold. Still DSM is recovering reasonably, continue the trend and her jobs secure, another period of bad performance and I guess she'll need to issue a cv. I wish her all the best.
red ninja: Mmm I think there is a certain lack of trust in DSM given the years of underperformance. I see in SWSC the general comment states :- "A year of living dangerously." No not 2020. Think 2021. The author thinks the US markets are very overpriced.
red ninja: Well I think Braemar Shipping Services and Pennant share prices have both recovered to some degree since DSM exited. Doubtless some of their share price weakness was due to Downing selling out. Downing said it still rated Braemar Shipping Services and Pennant, but there was better investment opportunities elsewhere that is probably logical as a lot of good stocks have also crashed. Maybe they have the same rationale if they are selling out of Science In Sport. Yes Volex has been there one and only clear success of their long term holdings. I see SWSC has £4 target for Volex. I certainly think they will do well, but not sure how quickly they will get to £4. Hopefully Digital Box and Toe Holds 1-3 will impress with time.
red ninja: Mmm saw the 15k trade at 55.75p, but the extra 0.75p could be due to buying at 16:10. In the first 30 minutes or last 30 minutes they sometimes sting you with a higher price. The buyback seems to have given confidence to investors to buy and it looks like DSM have only purchased less than 100k of their own shares. Scheme will end on 2nd November 2020 so interesting to see how share price strength goes after that, RGD is also struggling due to the pandemic at around 20% of DSM (by secured loan note) IMO it casts a bit of a shadow over DSM.
red ninja: DSM splashes some cash :- "(Alliance News) - Digitalbox PLC on Thursday said it has acquired Tab Media Ltd for GBP750,000 in cash and announced a GBP1.2 million subscription in conjunction with the buy. The Bath-based digital media company, which owns Entertainment Daily and The Daily Mash, said the proposed subscription by Downing Strategic Micro-Cap Investment Trust PLC was priced at 4.9 pence per share for 24.5 million shares. This represents a 2.0% discount to its Wednesday closing price of 5.0p. Shares in Digitalbox were up 10% on Thursday morning at 5.50p. The subscription shares represent 27% of Digitalbox's existing share capital and will represent 21% of share capital once subscription shares are issued. It is conditional on shareholder approval, with proceeds to "be used to accelerate the company's growth strategy through further acquisitions". As part of this, Downing Strategic Micro-Cap and Digitalbox have entered a relationship agreement that will remain in place while Downing Strategic Micro-Cap holds at least a 10% stake. Under the terms of this agreement, Digitalbox has granted Downing Strategic Micro-Cap the right to appoint an observer to any board meetings. Digitalbox Chair Robin Miller has said he is willing to resign, pursuant to the subscription agreement, and step down from the board. He will remain in his role until a successor is appointed. Tab Media runs online news website The Tab, which covers youth and student culture for university students in the UK. It operates a national website plus 32 sub-sites for specific UK universities. The Tab Media acquisition is expected to be marginally accretive to Digitalbox's earnings per share, as enlarged by the subscription, in the first full year and significantly accretive in the second full year after the buy. In 2019, Tab Media's revenue was around GBP1.2 million. It made a gross profit of GBP900,000 and a pretax loss of GBP400,000, while its gross assets on December 31 came to GBP600,000. Digitalbox Chief Executive James Carter said: "The Tab is the UK's leading youth culture platform fuelled by students and a pro team of journalists who love being first with the most relevant stories. The Tab provides a really exciting addition to our portfolio. As well as providing insights into youth and student culture, it is an important training ground for journalists. "As achieved with The Daily Mash, our technology platform can help drive traffic and advertising revenue to support the site. Since we acquired The Daily Mash in 2019, we have grown traffic and revenue whilst allowing the editorial team to get on with what they do best, and we aim to do the same with the Tab. We very much look forward to working with Editor-in-Chief Grace Vielma and her team as we look to grow and enhance The Tab." By Anna Farley;
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