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Share Name Share Symbol Market Type Share ISIN Share Description
Finsbury Growth & Income Trust Plc LSE:FGT London Ordinary Share GB0007816068 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -4.00 -0.45% 881.00 876.00 879.00 893.00 874.00 893.00 366,775 16:35:20
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 46.1 41.3 18.1 48.7 1,980

Finsbury Growth & Income Share Discussion Threads

Showing 51 to 71 of 75 messages
Chat Pages: 3  2  1
DateSubjectAuthorDiscuss
10/12/2021
12:36
A global tracker would have indeed been better (most of the companies in FGT are global)- hindsight and all that. With a rare 4% discount, and many of the solid companies off more than 20% while the world is at ATH's, I have been nibbling. I wish train would buy GAW. Its the perfect stock for his thinking on investment. Love all the holdings in FGT, all should do well over the long term. Unilever needs a MGT change! Thats a real dog of late.
mozy123
04/11/2021
18:45
I have also owned this dog for a while, it's underformed badly recently, a cheap tracker would be much better.
chc15
03/11/2021
18:55
I don't care if he makes Eeyore look like one of the Chuckle Brothers if he makes investors money. However, I've held this through crash and rebound, growth periods and value periods, for more than 3 years, and I'm exactly 6% up. I keep holding, [1] because of his reputation for sagacity, pumped in the media, and [2], a combination of FOMO and a wavering view that at some point, (because of [1]) its day will come. But it's a patience tester, that's for sure I'll let you know if I sell, so you can pile in, because for sure it will go up then
spangle93
03/11/2021
16:34
I like his approach and infectious enthusiasm generally, but I do wonder about his choice of some of his holdings, such as HL, LSE & Unilever. My preferred UK focused trusts are ASEI and DIG. I hold Experian separately as I do like that stock.
sinzu
03/11/2021
16:26
It is his enthusiasm that makes him such a good presenter and easy to listen to, what I am trying to establish is why the discount has opened up, as if he was simply just buying rubbish stocks then the share price would fall but it isn't so what is it that is making Investors not wanting to buy FGT and so lead to the discount opening up, I know FGT operate a 5% discount buy back so it shouldn't widen any further
123ct
03/11/2021
13:30
I am watching this trust, not invested in it yet but a bit baffled at the discount, I know it has gone nowhere for several years but its two biggest holdings Diageo and Relx are hitting 52 week highs and I watched Mondelez on CNBC last night reporting results,its the the fourth biggest holding and it jumped after hours about 4% despite the HGV shortage in USA...consumer discretionary should be booming as the pandemic unwinds but FGT not reflecting this...am I missing something ?
123ct
07/7/2021
14:57
That should read between 666p and 860p.
steve3sandal
07/7/2021
12:04
You’ve been unlucky here. They have indeed gone nowhere for 2 years. Well nowhere for holders. Being a little more trigger happy I sold a number 2 years ago for 929p and was fortunate to buy them all back between 666p and 800p. I don’t think the holdings are dull at all but that’s what makes a market. I’m currently holding more than I’ve ever done and believe that £10/£11 will come along in due course. Lots of holdings are well below their peak SPs and largely their businesses are earning more. Nick Train recently said as much. Good luck where ever you go next.
steve3sandal
07/7/2021
09:09
It was so dull that I decided to sell out. I wanted to top up Some other underperforming holding and needed to sell something to do so. I went through portfolio and unfortunately FGT seemed the dullest and had to go. Break even after 2 years.
andyadvfn1
05/7/2021
13:45
Its become so dull that I was able to buy at a discount. Good.
shieldbug
02/4/2021
00:07
It does not seem to be heading anywhere in any term...it has become so dull I have to check it has not been delisted.
andyj
23/3/2021
19:47
I topped up today at 860p ahead of the 1 April XD. So.....You can be pretty sure the price will head south in the short term, sorry.
steve3sandal
21/3/2021
10:56
Seems a good time to be topping up ready for the recovery!
thruxie
13/3/2021
00:15
Reminds me of one of my fav poems. Its called Ketchup...."If you do not shake the bottle, none 'll come and then a lot'll."
rob the slob
12/3/2021
14:38
A number of the highest weighting’s in here are 20/30% off recent highs and even more in HL. But they will eventually report better earnings and the SPs will eventually catch up. One of Nick Trains analogies is trying to get sauce out of a bottle. You shake and shake, nothing, then everything comes out at once. Currently there’s a lot of shaking and nothing. It’s a top up time IMO.
steve3sandal
12/3/2021
11:30
Expected it to do well as they have holding in Burberry which just issued "Ahead of expectation" trading statement!
thaiger
12/3/2021
06:51
I thought this trust would do well from all the "growth was soooo 2020, return to value" articles I've been reading, but it steadfastly sticks at or around 850p
spangle93
12/3/2021
00:07
I am beginning to lose faith here. Buy and do nothing works well when shares are in long term uptrends, but not so well when those turn. Monitoring closely...
andyj
26/10/2020
11:33
ref post 33 The UK Buffettology Trust didn't get sufficient support and the IPO got yanked. But there's still the OIEC
spangle93
26/10/2020
09:38
I am a fan of the overall approach and like most of the holdings. The one I would question is Unilever due to the secular shift in their largest markets to own brand labels. My biggest issue with the fund is the way Nick Trane speaks to its investors. He is like an overly arrogant Cambridge Don speaking to a bunch of kids at the local comprehensive school. He speaks so slowly and like you are all a bunch of idiots. Really makes you just want to give him a smack. Alongside most of his UK investment Fund peers (inc RIT, City of London, Witan, BES etc) they have walked like lemmings off the cliff and failed to recognize the seismic shifts and changing nature of what constitutes value in 2020. If you like value look to Japan / Asia not Unilver and Mondelez.
ih_419191
09/10/2020
21:12
Good timing Steve3 I bought in July 2018, and for the last 4 months have been bouncing either side of breakeven. It certainly has a different mix of investments to others, but feels that the post-March recovery stalled long ago whereas other UK trusts display better performance. I'm wondering whether to buy the new UK Buffettology Trust BUFF at launch, or whether it will immediately drop to a discount to NAV at which stage it would be better value.
spangle93
Chat Pages: 3  2  1
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