Monks Investment Share Discussion Threads

[wad collector] 28/1/2022 15:08

1050 and I will have some more. It seems a bit of a pessimistic market so far this year.

[jeffian] 21/1/2022 10:50

Bought some more on the dip this morning.

[mozy123] 18/1/2022 11:38

Continues to underpeformce with a portfolio of racy growth companies.

[wad collector] 07/12/2021 12:54

Results for the six months to 31 October 2021
====================================================================================
Over the six-month period, the Company produced a positive net asset
value (NAV)* return of 6.5% compared to an increase of 8.9% for the FTSE
World Index (in sterling), both in total return terms. The share price
total return for the same period was -0.9%. The shares ended the period
trading at a discount of 4.3% to the Company's NAV*.
3/4 The Monks Investment Trust seeks to build a diversified portfolio
of global equities that is well placed to capture growth resulting from
structural economic and societal changes.
3/4 There are an increasing number of technology-led or digitised companies
which operate across the economic spectrum.
3/4 Innovation is speeding up and spreading across the economy - the
Monks portfolio is well positioned to capture this growth.
3/4 Revenue earnings per share were 2.76p. No interim dividend is to
be paid.
3/4 Since the current team took over management of Monks on 27 March
2015, the NAV* total return has been +202.0%, the share price total return
+229.7% and the comparative index total return +126.3%.

[scottishfield] 05/11/2021 10:04

Yes, A v good, and reasonably quick, recovery.

[its the oxman] 05/11/2021 10:02

1500p beckons

[brucek1812] 06/9/2021 11:19

Yes - schiehallion is now the largest holding in the portfolio and expect that to grow substantially over coming years

[its the oxman] 06/9/2021 11:15

Monks 1470p today, starting to find its form again, could be seeking new highs well into year end.

[peterbill] 22/7/2021 15:56

The history of Monks Investment Trust ...



Born on the eve of a global depression, the trust has cultivated its instinct for growth over nine decades, always staying focused and flexible, on the right side of great global changes. Continuing our series of investment trust histories, John Newlands tells the story of Monks.

[poikka] 06/3/2021 10:05

And then the US market rises. But I've got quite enough invested there, anyway, and I'm banking on a bigger lift from oilies.

[poikka] 05/3/2021 16:50

Flogged the lot the other day and put it into BP. Occasionally I get it right...

[poikka] 05/1/2021 19:23

Just noticed that JGGI now have zero in FE excl Japan.

[poikka] 05/1/2021 13:06

Agree with that.

[caradog] 05/1/2021 12:38

Monks has been one of my very best investments over the years. Not just for the good returns, but also for peace of mind. I’ve learnt to let the manager manage the risks of investing, or not investing, in specific regions or sectors. Although successfully focused on growth stocks, the trust avoids concentration on particular holdings, which suits me fine. I no longer try to churn the shares or second guess the managers. They can worry for me while I go and do something else.

[poikka] 05/1/2021 11:54

Quite so, but it does demonstrate the risks of investing in PRC.

[caradog] 05/1/2021 07:12

I wouldn’t be overly concerned about Alibaba. It represented only 2% of the portfolio on 30th November, just ahead of MasterCard, Ryanair and Prudential.

[poikka] 04/1/2021 15:05

TAIPEI (Taiwan News) — The mystery over the whereabouts of Alibaba and Ant Group founder Jack Ma (馬雲) has begun to intensify as reports surface that he failed to appear on his own talent show, and his social media accounts have gone dormant since October."

[poikka] 26/12/2020 11:38

Even when Xi's clipping their wings..? We'll see.

[its the oxman] 25/12/2020 00:09

I doubt it, they tend to hold for long term

[poikka] 24/12/2020 13:31

Wonder if Monks lightened their holding in alibaba.

[poikka] 14/12/2020 14:33

"China warned its Internet giants on Monday (Dec. 14) that it would not tolerate monopolistic practices and to brace for increased scrutiny, as it slapped fines and announced probes into deals involving Alibaba Group and Tencent Holdings.

"The fines of the three cases are a signal to society that anti-monopoly supervision in the Internet field will be strengthened,” the SAMR said even as it acknowledged the fines were relatively small.


“The Internet industry is not outside the oversight of anti-monopoly law,” it added in a separate statement.

Hong Kong-listed shares of Alibaba and Tencent fell after the news, with Alibaba closing down 2.6% and Tencent’s shares ending 2.9% lower in their worst day since Nov. 30."

Quite a few ITs have been heavily into those two, Monks not so much.

[poikka] 04/9/2020 17:19

Good sell-off, hope it goes quite a bit further.

[samoyedinchicago] 05/2/2020 09:30

Great to see this at 1000. Happy days.

[its the oxman] 13/6/2019 09:34

Should break 900p soon if wider market pushes up a bit , great long term hold, also a much smaller holding in Tesla. The one big exposure in smt I am not totally convinced about.