Mobius Investment Share Discussion Threads

[pvb] 24/5/2021 18:07

...Look at it go!

[spectoacc] 06/5/2021 14:33

Nearly £1.26 NAV, MMIT is quietly performing.

[swiss paul] 29/3/2021 19:39

Yep - says about exposure to foreign co's and mentions its attempt at ESG with them

[jfinvestments] 28/3/2021 20:48

In a good way?

[swiss paul] 25/2/2021 14:11

RNS Number : 3806Q
Mobius Investment Trust PLC
25 February 2021

MOBIUS INVESTMENT TRUST

ANNUAL REPORT OF MOBIUS INVESTMENT TRUST PLC
FOR THE YEAR ENDED 30 NOVEMBER 2020



Mobius Investment Trust plc (the "Company") today announces audited results

for the year ended 30 November 2020





FINANCIAL HIGHLIGHTS



As at As at
30 November 30 November

2020 2019

% change

Net Asset Value per Ordinary share†

105.9p

91.4p

15.9

Share price

103.0p

83.0p

24.1

Discount to net asset value*

2.7%

9.2%

[spectoacc] 22/1/2021 08:22

Thanks @pvb, interesting read.

"With global financial markets awash in liquidity, emerging market financial asset prices are booming even though the public finances of those economies are going from bad to worse. Capital is flowing in at a record pace. Equity valuations have never been higher, while the interest rates at which the ultra-indebted governments have to borrow (relative to rate at which the United States government borrows) are close to record low levels."


Some truth to that, and true everywhere. And whilst trillions more going to get printed & spent, dollar will weaken, interests rates will stay artificially low, & EMs will benefit. They'll also benefit from any commodity price increases.

Good point about the dire Covid state of EMs, but again - true everywhere, and markets looking ahead to post-vaccine.

So bubble? Perhaps, but more like the start of one. (Unlike eg US tech).

Can't say I'm chasing MMIT up here but hopeful it'll go to par.

[pvb] 21/1/2021 18:11

Get Ready for the Emerging Market Bubble to Burst



Fueled by unprecedented global liquidity, asset prices in emerging markets don’t reflect the fundamentals.

[spectoacc] 21/1/2021 08:55

The last of a 400k offer taken in one go off 114p (317k). NAV got over 120p yesterday.

[spectoacc] 08/1/2021 10:25

250k taken off the 110.5p offer, MMIT going to par eventually IMO. A curious beast that does so much of its trading in public, from the OB, but am assuming the seller won't last forever.

[swiss paul] 06/1/2021 21:33

Chart looking good

[spectoacc] 20/11/2020 15:46

Haven't been wow'd by the NAV compared to eg JEFI, but saw 500k AT'd off the offer earlier in week and now a very curious OB for a thinly traded small SETS stock - 500k sat on the bid at 102.5p, 500k sat on the offer at 103.5.

[spectoacc] 13/11/2020 10:55

379k just got AT'd off the 102p offer.

[spectoacc] 14/10/2020 15:43

Can see it getting back to trading at par with the ESG connection/now decent performance. 109p NAV today.

[steve3sandal] 14/10/2020 07:23

It’s part of my EM basket for sure but I don’t know about MMIT core. I belatedly followed the manager from TEMIT which remains the core of my EM. I’m fairly convinced that EM and EM tech will outperform most other tilts in the forseeable, but then I was last year and it turned out to be a false dawn...due to CV19 obviously. I’m more than happy to have bought MMIT in the 70s.

[brucek1812] 13/10/2020 19:51

MMIT performance improving and looks well-placed now for future growth. Seems like the managers have settled on some strong core holdings. Agree?

[swiss paul] 01/10/2020 17:31

Cheers Ten had a look and it looks like bargpole territory to me.
Have a rec!

[tenapen] 29/9/2020 18:18

Hi Swiss Paul,

I haven't looked at these for many years so please dyor.

Cambium global timderland - TREE

[swiss paul] 29/9/2020 17:46

Anyone give a pointer to any pure timber shares, ETF's IT's etc

[spectoacc] 15/9/2020 10:14

NAV over 105p, & still the regular (but not that keen) bidder in size.

Can see an ESG scenario where MMIT trades at par eventually. Needs some sustained good performance first.

[swiss paul] 19/6/2020 10:21

MMIT May-20 Factsheet
hxxps://www.mobiusinvestmenttrust.com/

[spectoacc] 09/6/2020 14:02

Nearly 94p NAV for yesterday, still having a good crisis.

[swiss paul] 09/6/2020 12:39

am in - looks like good potential