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FGT Finsbury Growth & Income Trust Plc

863.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
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 Shares Traded Last Trade
  0.00 0.00% 863.00 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
858.00 861.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Unit Inv Tr, Closed-end Mgmt 143.78M 128.86M 0.6470 13.34 1.72B
Last Trade Time Trade Type Trade Size Trade Price Currency
18:26:21 O 122 863.00 GBX

Finsbury Growth & Income (FGT) Latest News

Finsbury Growth & Income (FGT) Discussions and Chat

Finsbury Growth & Income Forums and Chat

Date Time Title Posts
26/3/202419:44Finsbury Growth and Income Trust plc89
01/8/202116:17A cnmpany with multi-bagging potential3
01/8/202116:17A cnmpany with multi-bagging potential11
22/3/201718:21Finsbury Growth and Income Trust plc, full charts and news-

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Finsbury Growth & Income (FGT) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
07:15:04863.001221,052.86O
07:15:04857.862,84524,406.00O
07:15:04858.049247,928.33O
07:15:04860.861,34111,544.12O
2024-03-27 17:07:54863.005,00043,150.00O

Finsbury Growth & Income (FGT) Top Chat Posts

Top Posts
Posted at 27/3/2024 08:20 by Finsbury Growth & Income Daily Update
Finsbury Growth & Income Trust Plc is listed in the Unit Inv Tr, Closed-end Mgmt sector of the London Stock Exchange with ticker FGT. The last closing price for Finsbury Growth & Income was 863p.
Finsbury Growth & Income currently has 199,165,721 shares in issue. The market capitalisation of Finsbury Growth & Income is £1,718,800,172.
Finsbury Growth & Income has a price to earnings ratio (PE ratio) of 13.34.
This morning FGT shares opened at -
Posted at 23/2/2024 15:39 by 123ct
I am not a holder but keep an eye on this IT because of the brands they have and the market updates provided by these companies.

FGT seems to suffer in the same way as many other UK Investments that the US equivalent competitor firms and sectors, eg consumer staples trade on higher multiples which is why UK firms are delisting and moving to the US market.

Until the UK returns to favour I cannot see a return to multiples expansion and will keep UK undervalued notionally for a long time.
Posted at 07/12/2023 12:12 by steve3sandal
I’m also invested here (2013) but if I wanted an All Share return I’d buy an ETF which does just that. Amongst other styles, I’m invested in Nick Train vehicles as I want some money in these themes. It’s not worked out in the past 3 years but it has in 10 and I hope it will in 20.
From this starting point and with most major holdings (ex LSEG RELX) getting trashed recently despite their high ROEs I think there are worse ideas than topping up. I was fortunate to buy at £5/6/7/8 something and reduce at £9something in those 10 years and expect to do so again. Not being clever just DRIP and top slicing.
Posted at 07/12/2023 08:00 by spangle93
Well done to the management team here. Last year they were 20th of 23 in their peer group over 3 years. This year they've excelled to become 22/23 against comparable companies for that time period. In the face of such great performance, they will doggedly stick to their stated philosophy

How the manager retains his golden boy image in the financial press escapes me.

I'm sure they'll still get a performance bonus based on some measure though.
Posted at 28/7/2023 08:09 by spangle93
Latest free but paid for research by Edison

It points to good times returning, after a very long spell of underperformance.

It certainly is distinct from its peer group (Exhibit 9). Of the 20 companies, it's either top or bottom for every metric bar a couple (charges and discount)
Posted at 19/4/2023 14:24 by mjames20
Heineken, a top 10 holding, announced its first quarter results today. Revenue up 8.9% and a high single digit increase in profits. The holdings in the FGT portfolio continue to do well. Hopefully this will be eventually reflected in the trust share price.
Posted at 07/7/2022 22:41 by mozy123
The Company has been notified that on 7 July 2022, Nick Train purchased 50,000
Ordinary Shares of £0.25 each in the Company ("Ordinary Shares") at an average
price of 787.30 pence per share.

As a result of the transaction, Mr Train now holds interests in a total of
4,432,639 Ordinary Shares, representing an aggregate 2.01% of the Company's
issued share capital.
Posted at 13/6/2022 12:43 by thruxie
Thankfully I sold out of this last year but still read Nicks musings with keen interest. For all he bangs on about quality FGT hasn't performed nearly as well as CTY which is stuffed full of miners, oil and the likes of BAE etc.

The contrarian in me feels maybe to start drip feeding back in over the next few months...In 5 years this will all be another dip on some graph.
Posted at 24/5/2022 10:29 by steve3sandal
Nick Train just stuck £200,000 in to top up his £35M holding.I was thinking of doing the same but without the noughts.Can't hurt.KeywordCompanyEPIC/TIDMSEDOL/ISIN PriceAnnouncementsFundamentalsNewsArticleRSSFinsbury Growth & Income T (FGT)Add to Alerts list Print Annual reportsTuesday 24 May, 2022Finsbury Growth & Income TNotification of Transaction24 May 2022FINSBURY GROWTH & INCOME TRUST PLC(the "Company")Notification and public disclosure of transactionAs part of the Company's commitment to transparency, the Board intends to disclose details of transactions in the Company's shares by its Portfolio Manager, Nick Train.The Company has been notified that on 23 May 2022, Nick Train purchased 25,000 Ordinary Shares of £0.25 each in the Company ("Ordinary Shares") at a price of 782.4 pence per share.As a result of the transaction, Mr Train now holds interests in a total of 4,327,639 Ordinary Shares, representing an aggregate 1.9% of the Company's issued share capital.
Posted at 01/4/2022 10:54 by shieldbug
It does look relatively cheap. Share price below pre-pandemic levels. The companies are arguably doing well but individually there are some pricey stocks among them. Have been adding at these (discounted) lower levels.
Posted at 09/2/2022 20:52 by topvest
EssentialInvestor - I agree that it was a good idea, but the timing was wrong and because the timing was wrong then the top end price was also wrong. It might have been possible if Unilever share price was 50% higher. Simple numbers, they were offering 50% of the Unilever market cap for a business a quarter of the size. Crazy to be giving away equity for something valued so much higher than their own great business. I think Terry Smith summed it up better.

Unilever probably needs a Board reset as they have had a poor 5 year period. They also need to get their own house in order as the performance has been lacklustre. Terry Smith is spot on, as ever.

Nick Train is a very good investor, but is sometimes a tad over loyal to his holdings. £50bn was a very full price.

I am not sure what planet GSK are on, but surely anything around £50bn is a very good price for a £10bn turnover £2bn profit business. I would be very surprised if the market cap on IPO is anywhere near that and more possibly £40bn.
Finsbury Growth & Income share price data is direct from the London Stock Exchange

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