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 Shares Traded Last Trade
  0.00 0.0% 1,467.50 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
1,455.00 1,480.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 13.78 12.10 294
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 1,467.50 GBP

Lindsell Train Investment (LTI) Latest News

More Lindsell Train Investment News
Lindsell Train Investment Investors    Lindsell Train Investment Takeover Rumours

Lindsell Train Investment (LTI) Discussions and Chat

Lindsell Train Investment Forums and Chat

Date Time Title Posts
09/4/202110:54Lindsell Train Investment Trust plc382
22/6/200722:38Forgive me for being thick1
21/6/200720:41Forgive me for being thick-
18/6/200117:32Down 98% - What happened???13

Add a New Thread

Lindsell Train Investment (LTI) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type
View all Lindsell Train Investment trades in real-time

Lindsell Train Investment (LTI) Top Chat Posts

Lindsell Train Investment Daily Update: Lindsell Train Investment Trust Plc is listed in the Equity Investment Instruments sector of the London Stock Exchange with ticker LTI. The last closing price for Lindsell Train Investment was £1,467.50.
Lindsell Train Investment Trust Plc has a 4 week average price of £1,367.50 and a 12 week average price of £1,330.
The 1 year high share price is £1,575 while the 1 year low share price is currently £1,050.
There are currently 200,000 shares in issue and the average daily traded volume is 160 shares. The market capitalisation of Lindsell Train Investment Trust Plc is £293,500,000.
spectoacc: "Capital Gain" column should perhaps be "Capital Loss" :) Agree with prices. Started on divis a few times before losing patience. Eg on a non-compound basis, IMB's current price becomes £17.27. But divis aren't going to get me ahead of Train atm, nor either of us to positive. Which considering this was from Sept 2019, well before Covid, isn't great.
mozy123: Hi specto, hope your well. Yes without dividends I have the following Ticker Price Paid Price Now Capital Gain Mozy DGE £34.40 £31.24 -9.19% Mozy LSE £56.60 £73.36 29.61% Mozy BAG £8.70 £5.09 -41.49% Mozy ULVR £50.00 £41.10 -17.80% -9.72% Specto IMB £20.00 £15.16 -24.20% Specto Lloy £0.58 £0.43 -25.02% Specto ITV £1.09 £1.24 13.76% Specto NRR £1.71 £1.07 -37.43% -18.22%
spectoacc: @mozy123 - value coming back, so have re-run the calculation. As usual, depends when you run it - I was well up, then Train was well up. You'll be pleased to hear he's still ahead - tho calculation tricky with divis (much more of those to me than to him). Since 11/09/19 to today, capital-only, he's turned £4k into £3.46k, I've turned £4k into £3.18k. I was £71 up in divis at the March 20 calc, so perhaps Train's about £200 ahead currently, or 5%, allowing for another year. But my divis suffered deeper cuts in 2020 so it isn't a straight calc, what with compounding too. The LTI Top 10 has moved around a bit: LSEG still over 9% despite recent fall, DGE 5%, ULVR 3.5%, BAG 2.6%. But %'s skewed due to the 47% in LT Ltd, making LSEG position particularly outsized. FGT might be more relevant, has 40% in its top 4: DGE LSEG ULVR RELX And is about flat over 2 years (which with compounded divis & movement in the other holdings, sounds about right vs the above calc). A reminder the LTI stocks I picked for NT (based on LTI) were DGE, LSEG, BAG, ULVR, vs my picks of IMB, LLOY, ITV, NRR. What I'd be curious about is whether Train would pick those now, and in those sizes (he'd say he would, but PSON shows his difficulty in selling). Several seem to be borderline ex-growth, but still on high-ish p/es. (27; 34; 19; 28 respectively). EXPN, PZC been additions. FEVR not doing so well today but still an interesting co. Still think - if I was a fan - I'd buy the individual stocks over LTI or FGT, based on low turnover & costs. 0.5% might not sound much but if you're holding 20 years, you're giving up a lot. LTI at a premium (or even par) relies on LT Ltd valuation, & FGT always trades around par so no discount to make up for the fees. Glug - Https://
rambutan2: Noted the please note... 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 October 2020 GBP1,058.6688 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 October 2020, these shares were valued at GBP15,458.76 per share, an decrease of 5.31% from the valuation of GBP16,325.66 per share as at the previous valuation on 30 September 2020. Funds under management at LTL at 31 October 2020 stood at GBP 20,407 million.
steve3sandal: 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.
mozy123: 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.
topvest: 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!
mozy123: 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: LTI the manager have has some headwinds. Some redeptions from portfolios and share price declines of its favourite cross fund top holdings. With 21.47bn AUM at LTI - and the same assumptions about staff costs, tax etc I get the valuations to be A 1.5% FUM (£321.7m)+ B Value of earnigns base (£565.8m) /2 = £443.75m / 26660 shares = £16646.04ps (LTI holds 6450 shares) On a pure AUM basis this would be 443.75 / 21.47bn = 2.07% so valuation the directors assume in the LTI IT NAV is trading inline with the Jupiter Deal. However I have alwasy taken the view that the quality of LTI earnings are far higher than most asset managers. The earnings of a company with 50% notional gross margin. (The GP could be as high as 95% should they wish it) is better than one with a margin of 45% LTI IT owns a golden goose. So long as the world class companies the manager invests in dont go bankrupt. The profitbality of the asset management industry is quite disgusting tbh :)
kenmitch: JackRuss2 and if anyone isn’t clear about the 70% premium. Nick Train warned last December that the share price was overvalued. Then NAV was £835 and the share price was £1210. So investors were paying £1210 for something worth £835!! Here’s a link to his warning. Now the premium is much higher still. NAV has gone up £900 but now the premium is over 70% and share is £1650. That’s a crazy overvaluation. One day it will surely end in tears for investors who bought the bubble. This Trust has a great record but it is inflated by the ridiculous premium to NAV. The ever growing premium is the main reason for the share price soaring, instead of, as is normal, their investments going up fast. If this was a normal investment trust trading around par the share price would only be £900. And some Investment Trusts are trading at big discounts. E.g Riverstone is at 30% discount. If Lindsell train was at a 30% discount the share price would be £630.
Lindsell Train Investment share price data is direct from the London Stock Exchange
ADVFN Advertorial
Your Recent History
Lindsell T..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210624 06:50:57