F&c Investment Share Discussion Threads

[1elonmusk] 04/1/2025 23:42

Serinus Energy Plc (SENX) – Significant Growth Potential in 2025
Serinus Energy has a promising outlook for substantial gains in 2025. The company's largest shareholder, New York-based Xtellus Capital Partners, has been quietly increasing its stake in Serinus since August 2023.

Serinus is set to receive a VAT refund of approximately £3 million from Romania, and with oil lifting in December, the company’s available cash will be double its current market capitalization. This represents a remarkable opportunity, comparable to early investments in Apple or Bitcoin decades ago.

After next week’s EGM, Xtellus is expected to reveal plans to potencially divest Serinus’ oil and gas assets valued at 40 times the current market cap—and redefine the company’s direction. Alternatively, they may expedite the exploration of 400 million barrels of oil equivalent (BOE), estimated to be worth £40 billion, confirmed on Serinus’ licenses.

Currently, Serinus is valued at around £60 million on the Warsaw Stock Exchange. AIM valuation is beyond irrational due to the state of UK stock markets after brexit.

Technically, after seven years of a bear market, the stock has shown an exemplary triple-bottom pattern, signaling a potential reversal.

This could be an opportunity to see returns of 30 times or more within this year.

As always, do your own research before making any investment decisions.

[vacendak] 22/3/2024 10:30

Sadly, I have had to part with a big chunk of my FCIT holdings today for house buying related expenses. Still, it was relatively pleasing to do so at an all time high.

[vacendak] 10/3/2024 15:12

Indeed, the ARs for the past few years have irritated me too. I just skip the tosh on ESG and do not go far beyond the Chairman's (I refuse to just say Chair or Chairperson) and Paul Niven's statements.

Wokery is slowly on the wane, the police has refused investigating J.K. Rowling recently and overall politics evolve slowly out of it too. Foreign & Colonial has weathered world wars, depressions and other catastrophes. Hopefully it will weather "that" too.

[topvest] 10/3/2024 10:52

Another example....just how relevant is all of this?

F&C INVESTMENT TRUST LECTURE
Following the success of the lectures that the Company
sponsored in 2018, 2020 and 2022, I am pleased to advise
that the Company will again be sponsoring a lecture this
year. The lecture will be held at The Nobu Hotel, London
on 6 June 2024, with the theme "Social Change and
Future Generations " and will feature thought-provoking
presentations from two renowned speakers as well as
information on the Company’s investment approach from
our Fund Manager, Paul Niven.
As tickets will be limited, they will be made available to
shareholders and the public via a ballot, with successful
applicants selected at random. Video clips will be made
available to everyone on the Company’s website following
the event.

[31337 c0d3r] 18/10/2023 20:33

I've also seen it advertised 4 times on TV recently.

I usually jump clear of companies when they start TV advertising, as to me it represents poor value for investors. I was in that situation with Wellesley P2P but was lazy and left it too late to try to get my money back - got locked in and went down with the ship.

[chc15] 17/10/2023 15:43

Bit dead here, but have noticed some new radio adverts about fcit, so they are doing more to promote this. The discount needs to narrow, mkt was up a lot yesterday and this barely moved, odd.

[topvest] 09/3/2023 12:27

Solid year-end numbers. Why have the Board first killed "Foreign and Colonial" and now changed the branding to pink. All a bit suspect. They should be celebrating its 155 year heritage, rather than erasing it, in my opinion! Surely F&C should be blue like it always was...even their fund manager Columbia Threedneedle uses blue....rant over!!

[muzerewa] 08/2/2023 13:29

Management deserve a little pat on the back for a solid performance here, Outperforming FTSE which has in turn outperformed most other markets.Decision to sell down some of the tech / growth holdings during market bubble was well timed.

[vacendak] 16/9/2022 16:39

Boiler plate article about the recent re-entry in the FTSE 100.

[vacendak] 01/9/2022 08:58

Reading the latest interim:
"Valuations in the private equity part of the portfolio have so far held up well and delivered a return of 4.7% over the first six months, however we expect these to come under pressure as the year progresses to reflect what has happened in the public markets. We have continued to make selective investments in this area and agreed a new programme of exposure in leading growth and venture managers which will be managed by Pantheon. These commitments are long-term in nature and our experience in terms of unlisted private equity exposure has, historically, been positive."

So, in essence we are going to fish more and more in Private Equity waters, however incrementally. Good timing to do so now as the PE sector seem to have been oversold.

I, myself, have just taken a position in NBPE to complement my holdings in CTPE (used to be BPET or FPEO in the old days when F&C was independent). Riskier than FCIT of course, but better long term returns indeed.

[vacendak] 01/9/2022 08:28

The discount has closed a bit last month: 9.2% average in July and 7.0% in August (latest fact sheet).

Now that the FTSE 100 trackers will have to buy FCIT, it might even close a bit more.
It is already trading a lot, the offer/spread is very small so unlikely to improve much on that side of things.

[mirandaj] 31/8/2022 20:20

Confirmation:

FTSE Russell, a leading global index provider, confirms today ConvaTec Group,F&C Investment Trust and Harbour Energy PLC will be joining the FTSE 100 Index as a result of the September 2022 annual review.



From 19th September 2022

Press Release
31 August 2022

[mirandaj] 31/8/2022 14:38

Announced after market close today.

Scroll down

[vacendak] 30/8/2022 08:59

Yep, the perfect F&C thread complete with the neverending comments on "You'd be better off with a tracker"... which by definition cannot beat its index. :)

They bleat on about fees even though the fees in an IT are already reflected in the share price anyway.

[mirandaj] 28/8/2022 23:55

F&C INVESTMENT TRUST: Now in its 155th year, £4.7bn trust believes its emphasis on trying to avoid surprises is more appealing than ever

[vacendak] 26/8/2022 07:56

Back in business baby!



Of course, if it goes too high in the FTSE, it might end up being benchmarked against itself. :)

[chc15] 08/8/2022 07:18

Nice bounce since June, back over 9,hopefully continues.

[vacendak] 04/7/2022 09:15

Foreign & Colonial has moved its website to Columbia Threadneedle to reflect BMO having been bought.

[chc15] 26/4/2022 09:44

The number of stocks here is daft, how can they possibly manage this properly.

[vacendak] 26/4/2022 08:24

No, in fact, we do not own any Twitter according to the latest list of holdings given on April 8th.


We do (did?) have some NETFLIX INC and MOSCOW EXCHANGE MICEX RTS PJ at that time though.

[chc15] 26/4/2022 07:39

Yeh lol, I have been buying this past few days into my sipp via freetrade, as a core holding.

[vacendak] 26/4/2022 06:47

They own north of 450 stocks and likely Twitter indeed, so we are in for an overall gain of 0.000001%! :)