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Share Name Share Symbol Market Type Share ISIN Share Description
Lindsell Train Investment Trust Plc LSE:LTI London Ordinary Share GB0031977944 ORD 75P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 1,160.00 1,145.00 1,165.00 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 12.4 10.7 0.0 - 232

Lindsell Train Investment Share Discussion Threads

Showing 376 to 400 of 400 messages
Chat Pages: 16  15  14  13  12  11  10  9  8  7  6  5  Older
DateSubjectAuthorDiscuss
09/10/2020
21:26
I’m not sure Experian has been bought for LTI. The story so far is on the Global Equity UT Fact Sheet. I suspect he will be flagging on the FGT Fact Sheet soon.
steve3sandal
09/10/2020
20:23
I don't think Nick Train ever lost it SpectoAcc - he's a very good investor and sticks to high quality. Just hope he timed the Experian purchase at closer to £20 rather than £30!
topvest
09/10/2020
10:20
Cussons is an iconic business with iconic brands. If you owned the whole business would you sell it to buy other companies? I wouldnt. Its a classic hold forever company. Nick Train is the boss! Experian - Great company, highly valued but rightly so. Glad hes been adding it to LTI. Im guessing hes added to FGT as well.
mozy123
09/10/2020
08:51
I think they said they’ve been buying it during the summer. If it’s at an ATH then they will be ahead. I looked at it in summer and thought it too expensive but it’s gone up since and that’s why I usually delegate.
steve3sandal
09/10/2020
07:33
Rather like his PZ Cussons pick, nothing is implying to me that he's still "got it". EXPN a good business tho.
spectoacc
08/10/2020
21:01
Nick Train has invested in Experian as UK is so out of favour, is the news headline. Odd to invest in Experian at this point in time though, as the share price is at an all time high...March would have been a tad more opportunistic!
topvest
07/10/2020
16:46
No good at it, so I dont bother. Buy and Hold for me
mozy123
07/10/2020
11:53
2mozy Why can’t you trade, dont you have a sell button?
porsche1945
28/8/2020
22:21
The premium is always what the investors think the LTL business is worth rather than what the directors think it’s worth. At the moment LTL can’t be growing as the AUM and LTL Valuation was well down in March though it’s back up now to £21.5bn. That’s going to influence premiumisation. They’ve also strongly defended their new valuation methodology and only bought shares under NAV during the March hiatus. Offered parcels I think is the official speak whilst we didn’t actually know what the NAV was. Some poor soul got scalped at £400 with an at best sale picked up by a director. Several listed holdings earnings are under pressure, and sterling not helping...this was referenced by NT in a recent interview. I’m a bit more hopeful this is good value. I’d highlight ATHs for LSE, PayPal and Nintendo and the new 6% position in their US growthy Fund. I’m in an accumulation phase again whilst this is in the relative doldrums.
steve3sandal
28/8/2020
16:39
Interesting that the premium has disappeared with a supportive equity backdrop. Any thoughts on this?, thanks.
essentialinvestor
27/8/2020
19:28
htTps://www.itinvestor.co.uk/2019/07/whats-a-sensible-premium-for-lindsell-train-investment-trust/I stumbled across this quite detailed and balanced analysis today, though it was written over 12 months ago much is still relevant. The LT NAV is now calculated on current AUM rather than trailing which I like to think in some way reflects the issue I flagged to them during the initial COVID plunge. Otherwise this piece continues to support my approach of buying at a tight premium to notional NAV and selling on silliness. Presently it is as flat as a pancake but the AUM has been repaired and some holdings are still setting relevant or ATHs, PayPal, Nintendo, LSE and they've even got a US shove now.
steve3sandal
31/7/2020
11:30
hehe - I know specto is a value trader and would have sold his positions at a profit before covid. However I cannot trade, nor spot value in names like those specto chose tbh. All I know is that quality should do ok over the long term. As I cant trade I just buy these type of companies every month. Call me a Nick fan boy if you wish. :)
mozy123
30/7/2020
18:48
I’ve been buying back again this month under £1200 when available ahead of the XD in August. Long term bull/bore but trading too. Hard to fault the portfolio here IMO. Loving the Share Comoetition and glad I’m on the Mozy side of the trade.
steve3sandal
30/7/2020
14:02
Well think this is well worth considering if we get a second equity wave of volatility fwiw.
essentialinvestor
30/7/2020
13:51
Ha ha fair enough - but two points: Posts 146 & 196 re LSE - the only one I rated. I'd rather have put in PSON, but too small in LTI really. Dividends need including - tho clearly not going to get me positive! But pretty weighty on all 4 over time, even with recent cuts.
spectoacc
30/7/2020
12:09
Ticker Paid Now Capital Gain Mozy DGE £34.40 £28.51 -17.12% Mozy LSE £56.60 £84.30 48.94% Mozy BAG £8.70 £4.40 -49.43% Mozy ULVR £50.00 £46.59 -6.82% -6.11% Specto IMB £20.00 £13.45 -32.75% Specto Lloy £0.58 £0.26 -55.02% Specto ITV £1.09 £0.59 -46.29% Specto NRR £1.71 £0.60 -64.80% -49.71% and people have no faith in Nick. :)
mozy123
03/7/2020
16:23
Lots of trading going on today. Anyone know if any specific reason?
andyadvfn1
01/7/2020
11:18
I traded it on the way down but now feel its a good buy for a long term hold - cash flow from LTI business is prodigious - makes it a decent asset backed play and at some point a high premium may return. would add another lot on any weakness
nimbo1
30/6/2020
20:07
They keep going on about succession planning, but 60 is hardly old as an investment manager. For Lindsell and Train they could go on for another 10 to 20 years, before retiring, steadily passing more of the work to their no doubt very bright younger colleagues. Train reads all day, like Buffett - its a passion, not a job! Anyway, I sold over half my stake over the last couple of years. I am tempted to add a few back and I will try and resist selling any more.
topvest
29/6/2020
21:57
Completely agree - I’ve been buying for a long term hold today and last week - worth it with income portfolio funds for the yield alone and someday if they maximise the asset management value you could see a 100 percent premium again. Who knows.
nimbo1
29/6/2020
11:46
Problem with LTI the asset manager is there is no free float. Its own by 5 people. Nick, Michael, LTI, James and Madaline. They could only list the business if they reduced thier ownership? Alwasy thought the business is cheap - in any event it continues to send dividends to LTI Trust.
mozy123
28/6/2020
21:57
By all usual metrics I agree but the succession thing will continue to be an issue until it isn’t. Perhaps they will IPO 25% one day but I suspect not in the firseeabke future. I’m happy to hold, watch the underlying business grow, and nibble both ends of the premium. Liontrust offers another undervalued comparable. FM Succession is at least being addressed with 2 younger managers getting a higher profile, latterly with the new US fund recently seeded. I was hoping no one else would notice this was cheap following the latest LT results...
steve3sandal
28/6/2020
20:46
I still think that the valuation of Lindsell Train is too low. For £370m you get a 2% of AUM valuation. That may be in line with the average valuation of investment managers, but this is not an average business! If LT was listed would a high growth quality business be on a P/E of 6 and a dividend yield of nearly 12% - of course it wouldn't!! Polar Capital is smaller, but also a niche and highly profitable investment manager. It's market capitalisation is £490m and it doesn't look overvalued. Impax manages virtually the same amount and is valued at £450m despite being less profitable. All great businesses, but Lindsell Train is worth £500m in my book! Why not list 50% of the shares in Lindsell Train Limited and put it to the test?
topvest
07/4/2020
21:47
Indeed Rambutan2 though I’ve had no acknowledgement. I imagine the cheque is in the post! GLA
steve3sandal
07/4/2020
20:20
steve3sandal, perhaps not so ignored... 07 April 2020 THE LINDSELL TRAIN INVESTMENT TRUST PLC It is announced that the un-audited Net Asset Value (inclusive of accumulated income) of The Lindsell Train Investment Trust plc, which is managed by Lindsell Train Limited, at the close of business on the below date was as follows: 31 March 2020 GBP956.6488 per Ordinary share Please Note: The above NAV figure includes a revised valuation for LTIT's holding of 6,450 shares in Lindsell Train Limited ("LTL"). As at 31 March 2020, these shares were valued at GBP13,872.68 per share, a decrease of 13.22% from the valuation of GBP15,986.03 per share as at the previous valuation on 29 February 2020. Funds under management at LTL at 31 March 2020 stood at GBP18,240 million. In calculating the value of Lindsell Train Limited ('LTL') the board has amended its valuation formula for the 31st March valuation by estimating LTL's annual notional earnings based on 31st March 2020 LTL funds under management. This captured the full effect on the earnings of the company from the recent sharp fall in markets. Previously, monthly valuations have been based on annualised notional earnings of LTL for the three months preceding the month of valuation (December, January and February for the 31st March valuation). If the earnings component of the LTL valuation formula had not been amended LTL's value would have been GBP15,363.12 per share.
rambutan2
Chat Pages: 16  15  14  13  12  11  10  9  8  7  6  5  Older
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