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Share Name Share Symbol Market Type Share ISIN Share Description
Keystone Investment Trust Plc LSE:KIT London Ordinary Share GB00BK96BB68 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 339.00 338.00 340.00 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 5.5 4.9 7.4 45.7 210

Keystone Investment Share Discussion Threads

Showing 51 to 75 of 75 messages
Chat Pages: 3  2  1
DateSubjectAuthorDiscuss
08/3/2021
16:15
Watched Baillie Gifford's upbeat presentation of its plans for its latest IT - Keystone Positive Change (KPC). Some 95% of the old Keystone portfolio has been switched into BG's new ideas. The biggest stock overlap, (around 25%) is with BG's Scottish Mortgage, and over the long-term KCP could hold up to 60 companies, roughly twice as many as BG's open-ended fund with the same investment remit. Long-term up to 30% of its portfolio could be in private companies. The new trust is ringing all the right ESG bells, and Baillie Gifford's current investment methodology/style has attracted a big following. However, I note that KPC's target long-term return of 2%pa over the MSCI world index is the same as that of dear old Alliance Trust (ATST) which has handed over its investment strategy to 8 of the world's top stock pickers. ATST is trading at a hefty discount unlike KCP's current racy premium.
bottomfisher
12/2/2021
13:58
Does someone want to start a new thread with the KPC ticker?
trytotakeiteasy
10/2/2021
14:14
Entering a New Chapter , exciting time .
vraic
10/2/2021
13:34
Change of strategy to Keystone Positive Change. Managed by Baillie Gifford. Will start adding a few more and in new ISA year once there is a bit of clarity on the holdings, especially on the private company inclusions.
uapatel
27/1/2021
09:11
Chat with the new manager here https://podcasts.apple.com/gb/podcast/short-briefings-on-long-term-thinking-baillie-gifford/id1450180015?i=1000506457325
donald pond
21/1/2021
20:58
Otoh Pacific Horizon which is run by BG is at a 12% premium and doing a big placing. I think there is a risk that BG are flavour of the month and they could be changing strategy at the exact wrong point in the cycle. But I think there's more to BG than that and KIT will give access to their best ideas. Disruption isn't going to stop in a hurry and my bet is that these will be on a 10-15% premium soon
donald pond
21/1/2021
18:03
No tender offer and the 2 large US value investors want out. Be careful.
emptyglass
21/1/2021
17:40
Also bought more today after reading the change of fund managers news. Note directors purchases day after Annual Report . dyor
vraic
21/1/2021
10:00
Bought a few today as still under nav also expecting a premium when BG are fully in control it’s around 10th of Feb if I remember correctly.
wskill
18/12/2020
09:21
I've bought a few here. Looks like a rare opportunity to get access to BG expertise in the small cap space. I expect this will be on a premium once they take over
mad foetus
08/12/2020
20:48
Hi all, what are peoples thoughts on the proposed change of management to Baillie Gifford. This will obviously result in the trust changing styles towards a more global growth strategy, with some unlisted assets. Is it likely the change will get shareholder approval? Thanks
skwas1
07/12/2020
19:11
Short reign.
essentialinvestor
07/12/2020
18:36
bought a few on the news.
vraic
07/12/2020
08:28
Good move, wish I hadn't sold out, but there was no way that they could continue with their strategy, and the divi would not have survived - Divi £7.8m, Revenue Reserves £4.8m, and that was in September.
poikka
18/11/2020
22:44
Happy days
orinocor
16/11/2020
12:12
18% discount to NAV though is very tempting.
essentialinvestor
16/11/2020
11:55
Gold may well now drag on performance imv, unless Trump does something silly over the next few weeks, Iran etc.
essentialinvestor
05/11/2020
19:36
Yes, Barrick Gold's still doing well and has just come in with a 12.5% increase in the divi, but I still prefer BRWM, and I'll leave the rest of UK investments to other ITs - and my own, of course.
poikka
05/11/2020
16:31
The gold stocks in the portfolio are up 5%-7% just now This trust continues to be well undervalued
orinocor
31/10/2020
22:25
And if you believe that inflation's going to take-off, which is a reasonable bet, you might as well go for BRWM - if you're looking for a gold hedge.
poikka
31/10/2020
22:23
Don't know why I'm still holding these, took my eye off the ball. Despite the likelihood of the gold and copper miners increasing their divis, KIT's looking unlikely to hold the divi. The Revenue Reserves were some £5.6m at the half year, against an annual divi of £7.6m, and certainly the top ten holdings don't pay much, except for Newmont, BAT, Tesco and SSE. So unless one expects KIT to set the world alight with capital growth, not much point in hanging on - and the record on capital growth is not good.
poikka
10/10/2020
16:54
It'll get there
orinocor
08/10/2020
13:32
Look at what's happening at TMPL!. Discount on KEY too wide imv.
essentialinvestor
08/10/2020
11:47
This was due some attention.
essentialinvestor
07/10/2020
14:27
NAV discount around 18% today. Either James generates some outperformance or change is going to come Imv. Temple Bar NAV discount has closed significantly over the last week. And that move was sudden.
essentialinvestor
Chat Pages: 3  2  1
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