Manchester & London Inve... Share Discussion Threads

[takeiteasy] 17/9/2024 09:54

An NVDA research enthusiast....nai/dyor etc

[takeiteasy] 17/9/2024 09:37

hxxps://uk.investing.com/news/stock-market-news/microsoft-hikes-dividend-by-10-approves-60-bln-share-buyback-program-3694781

Separately, Microsoft also announced the launch of "Wave 2" of M365 Copilot, introducing enhancements to Excel, PowerPoint, and Outlook, among other applications. The update features an upgraded GPT-4o engine and showcases a vision for AI-driven UI. A key focus was on agentic capabilities, aligning with recent AI developments from Salesforce Inc (NYSE:CRM) and ServiceNow Inc (NYSE:NOW).

Analysts at Stifel voiced similarly bullish remarks, commending Microsoft's efforts to integrate GenAI more deeply throughout its product set, a move that should enable the company "to increasingly monetize on these capabilities."

MSFT share price has been ticking up nicely recently in reponse which helps the fund as 2nd largest 25% holding.

nai/dyor etc

[takeiteasy] 13/9/2024 08:12

Recent recovery has been spread around the fund - not just NVDA...e.g. over the past week uplifts are: Broadcom 20%, NVDA 16%, Oracle 13%,Arista 13%, AMD 12%, Cadence 9% etc etc....so diversified AI portfolio is proving helpful :)



Bernstien chip anayst - "Nvidia demand is off the charts...."

nai/dyor etc

[takeiteasy] 13/9/2024 07:17

I think the discount as of today is pretty much to the very top of the range over the past year - our manager has stated on his twitter feed that he finds the administration over share purchases painful to say the least - I think until we get from the current level down to say under 10% he absolutely does need to keep the firm buying imvho...it might raise investor confidence a little here and entice some buying interest...lols

I wonder if were all american and this was a US collective this would be one of the most feted funds given the US obsession with Nvidia - investors were holding "earnings release" dinner parties so they could all discuss the results in a party atmosphere :)

nai/dyor etc

[takeiteasy] 12/9/2024 08:43

3 mins 4 secs in was rather interesting to see traction in AI marketplace :)

nai/dyor etc

[takeiteasy] 12/9/2024 07:28

hxxps://www.msn.com/en-us/money/markets/nvidia-ceo-to-nervous-buyers-and-investors-chill-out-blackwell-production-is-heating-up/ar-AA1qq9o9

Nvidia CEO Jensen Huang has attempted to quell concerns over the reported late arrival of the Blackwell GPU architecture, and the lack of ROI from AI investments.…

"Demand is so great that delivery of our components and our technology and our infrastructure and software is really emotional for people because it directly affects their revenues, it directly affects their competitiveness," Huang explained, according to a transcript of remarks he made at the Goldman Sachs Tech Conference on Wednesday. "It's really tense. We've got a lot of responsibility on our shoulders and we're trying the best we can."

nai/dyor etc

Our company works with every AI company in the world today. We’re working with every single datacenter in the world today. I don’t know one data center, one cloud service provider, one computer maker we’re not working with…

[takeiteasy] 12/9/2024 07:25

HL has discount yesterday around 21% and by my estimates we went up around 5% NAV yesterday with NVDA leading the way with c8% gain - a number of others did well.

All sparked by a rousing speach by NVDA CEO on the demand patterns over the next couple of years and the return patterns from AI investments.

MSM digging their boots in has really worked on the investor AI ....reflecting our manager's comments on the fact sheet :)

nai/dyor etc

[shavian] 11/9/2024 07:26

Yes the case for Palantir gets stronger by the day. Its new deal with BP (I can't get used to not using capitals) is potentially enormous for future revenue. Very happy with my minuscule stake in PLTR which I added to in the dip. It's now on a par with my holding in MLN; let's see how they compare a year from now.

[takeiteasy] 11/9/2024 07:03

Use cases building up all over the place - ROI on efficiency and cost savings...


Hence the rush to roll out more and more AI infrastructure :)

hxxps://www.constructionenquirer.com/2024/09/11/amazon-to-invest-8bn-in-hyperscale-datacentres/

Cloud computing giant Amazon Web Services has today confirmed it plans to invest £8bn to build the next-generation of hyperscale datacentres in the UK

Over the next three years, Microsoft said it would spend £2.5bn on expanding its next-generation AI datacenter infrastructure, bringing more than 20,000 of the most advanced graphics processing units (GPUs) to the UK by 2026.

Nice one for NVDA we suspect :)

Let's see where MNL share price is in 3 to 5 years time...


nai/dyor etc

[takeiteasy] 10/9/2024 07:33

On the conference call, Oracle founder and Chief Technology Officer Larry Ellison talked about the company’s accelerating investments in its cloud infrastructure, noting that it now has 163 cloud data centers either in operation or currently under construction. He said the largest of those data centers under construction is 800 megawatts and will provide access to “acres of Nvidia GPU clusters,” referring to the popular graphics processing units that are used for training AI models.

Ellison also discussed the sustainability of the company’s future data centers and its future ambitions. He said it’s currently designing a facility that will use over a gigawatt of power, fueled by three modular nuclear reactors. Over time, Oracle might operate 2,000 data centers globally, but not all of them will be energy hogs, he insisted.

Shows more clearly direction of travel in AI market place (and NVDA):)

nai/dyor etc


hxxps://siliconangle.com/2024/09/09/oracles-stock-pops-strong-earnings-beat-driven-cloud-growth-new-partnerships/

[takeiteasy] 10/9/2024 06:25

The cackle that Ai is a non-revenue generating charlatan
gets louder, our Portfolio gets ever cheaper on valuation ratios which consider forecast growth metrics,
and the word “Bubble” is suffering misnomer hysteria. It is now deep consensus that if you have not
sold your Nvidia and banked profits you must be suffering from an irreparable lunacy (which is possibly air-borne contagious).
We would guess that everyone is overestimating the probabilities of economic doom and the demise
of Ai.

great quote from the fact sheet...nai/dyor etc

[shavian] 08/9/2024 05:44

Yes PJ, but maybe there are better entry point ahead. This guy is looking at $80 as his long term buy price 20-25% lower than where we are today. September is the cruellest month!https://youtu.be/d14xG1l_1gA?si=TzAWqyjY-54M7eJh

[posh johno] 05/9/2024 20:10

This from the usually accurate Seeking Alpha is very bullish on Nvidia as a life-changing share to own and hold, given its technical lead and resulting huge headstart/moats.

[takeiteasy] 05/9/2024 06:14

"After news broke on Tuesday that the US Justice Department issued Nvidia a subpoena as part of an antitrust investigation, investors sold $279 billion worth of shares — amounting to 9.5 percent of the company’s stock"...confirmed as false by NVDA and therefore more fake news from the shorters :)


"Strong sales aided by market share gains, encouraging early adoption of AI computing products and England's performance in EURO 2024...New AI-enabled computers are bringing excitement and innovation to customers, who are coming to our stores to learn more about the technology, helping us take almost 50% share of the total laptop market".

Curry's RNS out this morning....lols..

nai/dyor etc

[takeiteasy] 04/9/2024 16:51

PJ, all perfect sense and I am fine to wait for many years to come. We have outperformed I think everything in sight AI theme wise by a huge margin so those like me who came in for the first time around 3.50 should be full of praise.

I am allowed to make the case that imvho the portfolio concentration in the current market is too high - I won't regurgitate the details of my thoughts but suffice it so say fund buy backs are starting up for the first time...I wonder why....

hxxps://markets.businessinsider.com/news/stocks/stock-market-outlook-volatility-presidential-election-ed-yardeni-gridlock-selloff-2024-9
The stock market will be volatile until the election before resuming its rally to record highs, market vet Ed Yardeni says - Kelly Cloonan Sep 4, 2024, 5:35 PM GMT+1

imvho dyor etc

[posh johno] 02/9/2024 16:42

There's no point trying to make sense of conflicting market commentary. That way madness lies.

Markets can stay irrational longer than you can stay solvent someone once said.

September is not historically a great month for equity investors but the last three months of the year are usually where a significant portion of gains are made.

Nvidia and Manchester & London have survived the recent turmoil and the AI thesis is intact, possibly even stronger than ever. So tuck them away, hang on, and try not to look at the prices every day.

[shavian] 01/9/2024 04:24

Check out the latest NVDA video from one of YT's finest - Alex's Ticker Symbol YOU (TSY) : https://youtu.be/mXxMiOPsyjY?si=NU9BTSiDW871BgEo

[takeiteasy] 31/8/2024 12:39

Does Wall St or the UK for that matter understand the chip and AI market at all.

Some oddly divergent views out there.all stated over the very most recent past..hold, sell and short ....how does the non expert retail punter make any sense of all this?



hold
Microsoft is a top scorer across the board so merits a 7% cap on position size. It achieved an A for its economic moat given that its Azure cloud business and Microsoft Office suite both have high switching costs. It also scored an A for pricing power and the long-term industry outlook, with global IT infrastructure spending set to increase
trustnet.com/news/13423969/why-some-stocks-will-never-be-the-biggest-holdings-for-evenlode

MNL repost from FT on twitter
x.com/MLCapMan/status/1828050635532497064

sell
Yiu told Citywire that Microsoft would be dropping out of Blue Whale Growth top 10 holdings by next month. The big tech company had been a feature in the fund since its inception seven years ago, and had been a prominent position until recently. Yiu noted that it had also been a top-five contributor to the fund’s performance. But his confidence in Microsoft’s ability to be an AI winner has waned. Yiu suggested that its Copilot AI tool had a ‘less robust’ margin profile, compared with its Office 365 software. This was because Copilot had higher costs, due to it being reliant on Nvidia GPUs.
citywire.com/wealth-manager/news/blue-whale-s-yiu-i-m-not-nvidia-s-investor-relations-team/a2448996?re=123275&refea=411343&link_id=1693264

short
The ‘Magnificent Seven’ have been dominant in markets over the past 18 months as the artificial intelligence (AI) theme has boomed. But not all are convinced of its staying power. In fact, Dmitry Solomakhin, lead manager of Fidelity FAST Global, is actively shorting some of the biggest US tech names. These positions will undoubtedly have been painful for the fund, as Solomakhin told Trustnet earlier this month. Despite a top-quartile record over three, five and 10 years, the fund has dropped to the bottom 25% of its sector over one year – something he puts down to short positions in AI winners....It also shows that the fund has nothing in Microsoft. Looking at the latest MSCI ACWI factsheet, this implies the portfolio has a 2.7% short position

www.trustnet.com/news/13424046/david-vs-goliath-why-this-fund-manager-is-shorting-tech-giants

nai/dyor etc

[takeiteasy] 30/8/2024 13:01

Broadcom - top 10 holding here...

"Marvell Technology shareholders have had to wait a long time for an earnings report that boosted the stock rather than dragged it down. This time the semiconductor company looks to have got it right and that bodes well for its rival Broadcom.

Marvell shares were up 9.2% in premarket trading on Friday after its earnings report after the bell Thursday. That broke a streak during which the designer of data storage and networking chips repeatedly fell after earnings as it underwhelmed against hopes that the growth of artificial intelligence would substantially boost its business".

msn.com

nai/dyor etc

[takeiteasy] 30/8/2024 08:39

One of the smaller holdings here but interesting comments on the pace of AI rollouts

hxxps://www.msn.com/en-us/money/markets/dell-s-stock-gets-a-boost-as-earnings-show-huge-growth-in-ai-servers/ar-AA1pFyRI

Our AI momentum accelerated in Q2, and we’ve seen an increase in the number of enterprise customers buying AI solutions each quarter,” Vice Chairman Jeff Clarke said in a release.

nai/dyor etc

[takeiteasy] 30/8/2024 08:30

Toshiya Hari, a Goldman Sachs analyst, was encouraged by Nvidia's expected Blackwell product ramp in the fourth quarter, the continued strength of Hopper, and a doubling of revenue in Nvidia's Networking business.

The analyst said in the most bullish scenario, Nvidia shares could soar 89% to $230 a share if the company could deliver a year-over-year growth rate of 100% for its Data Center business next year.
hxxps://markets.businessinsider.com/news/stocks/nvidia-stock-price-outlook-buy-q2-earnings-decline-wall-street-2024-8?op=1

So finally we have an analyst scenario more bullish than our manager's $200 PT for NVDA :)

nai/dyor etc

[takeiteasy] 29/8/2024 09:15

analyst raised PT to 148 dollars - "certainly not priced to perfection ...."

nai/dyor etc