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Share Name | Share Symbol | Market | Stock Type |
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Polar Capital Technology Trust Plc | PCT | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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340.00 | 335.00 | 346.00 | 347.00 | 343.00 |
Industry Sector |
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EQUITY INVESTMENT INSTRUMENTS |
Top Posts |
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Posted at 03/10/2024 19:11 by mello2024 Just to let shareholders and prospective investors know that PCT will be presenting at Mello's 10 year anniversary show on Tuesday 19th November 2024 9am - 7pm. We have created a two day investor conference that will include 12 top quality keynote speakers, 8 educational workshops and panel sessions, 40 exhibiting companies plus over 60 company presentations for investors to evaluate and understand their current or future investments. Tickets are still available: |
Posted at 03/9/2024 19:51 by suetballs I seem to have got lucky with my pct sale - nasdaq down 3% today.Still sitting on my hands. Suet |
Posted at 29/8/2024 07:20 by suetballs I sold pct yesterday morning concerned about Nvidia.Looks like I shouldn't have bothered and will buy back. My decision to sell was to bank a profit plus I have lots of AI including Nvidia in my pension. Suet |
Posted at 17/7/2024 09:17 by spangle93 Final resultsPlus a 10 for 1 share split in September Not sure which has led to a risk-off sale this morning, but since Allianz is also similarly down, it seems more of a market reaction than share specific |
Posted at 22/6/2024 19:59 by h1a3 Hi Stevemk1066I have always known them as PCT, however I recall that they were historically linked to the Henderson stable. My original investment was for our grand nephews/nieces using the monthly savings plan but that was sadly closed some 20 years ago. I still hold the shares and only wished that the saving plan had continued. |
Posted at 15/6/2024 20:01 by h1a3 Great company that provides access to some top tech companies.I have been with PCT for more than 20 years++ since they were around £1.00/1.50 ish. Upwards and onwards!!!! Now buying some MNL for some racier fun. AI is here and we all must get on the bandwagon. |
Posted at 05/5/2024 16:12 by pj84 PCT is one of of the 2 trusts which are the focus of this article which is well worth a read for any holders or potential holders. |
Posted at 16/2/2024 14:19 by steeplejack Yes,its odd given that SMT for example,traded at a premium to assets back in late 2021.Both PCT and ATT are sitting on a discount of around 12%.They don’t have a private company portfolio or exposure to China.No wonder the trust is happy to continue share buybacks. |
Posted at 15/2/2024 11:59 by chrissnox PCT's price is at all time highs. Nasdaq is back to Nov 21 highs. AI is in vogue & seen as the driver of the future. The largest US stocks have been christened the magnificent 7. But PCT still trades at a c.11-12% discount. Yes it has come in a couple of points in the last few months but why so wide when apparently there is so much enthusiasm for tech stocks. But why isn't it trading within a 0-5% discount range ? Is it as simple as bond yields being too high and the discount will only tighten when bond yields compress ? Is the tech sector rally perceived as at risk and hence it doesn't justify a tighter discount ? What are the thoughts on the catalyst for PCT to trade at a tighter discount ? |
Posted at 19/12/2023 16:26 by pj84 Rambus/Polar Capital TechnologyNasdaq-listed Rambus (market cap $6.8bn) is a typical PCT holding that typifies the great success manager Ben Rogoff has driven over the years. It is niche, highly interesting and abounds with opportunity. Founded in 1990, Rambus has evolved from a simple semiconductor IP licensing company into a more diverse technology solutions provider, most interestingly focused on interface solutions. Without getting too technical, semiconductors and processors are becoming increasingly complex and prevalent within computing systems and these different elements need to communicate effectively, efficiently and securely which is where interface solutions are utilised. Rambus has a long history of developing advanced interface technologies that facilitate data transfer and communication between various semiconductor components and systems. Rambus has expanded into the data centre, artificial intelligence and automotive sectors, where there is strong demand for advanced semiconductor technologies requiring advanced interface and buffer solutions. As the demand for data processing and storage continues to soar, Rambus’s data centre solutions are well-positioned to capitalise on this trend. This technology offers higher bandwidth, energy efficiency, reliability and better security, making it a compelling choice for data centre operators striving for optimal performance. In an era marked by heightened concerns about cybersecurity, Rambus has prioritised security solutions. The company offers a range of hardware and software security products, including secure provisioning and authentication technologies, which are critical for safeguarding data and devices in an increasingly interconnected world and particularly in the internet-of-things space. The company sees strong growth opportunities from the transition to DDR 5 memory chips (faster, less power consumptive and higher bandwidth than their predecessors DDR 4) and the growing use of high bandwidth memory in AI-specialised servers. A combination of high margins, returning a decent proportion of its free cashflow to shareholders via share buybacks and forecasted EPS growth of around 15% for the next few years makes Rambus’s EV/Ebitda (enterprise value to earnings before interest, taxes, depreciation, and amortisation) ratio multiple of around 20 for 2024 look reasonable. |
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