Scottish Mortgage Invest... Share Discussion Threads

[tim 3] 31/5/2017 13:37

Agree been watching this for a while and to be honest the fact that it has nearly doubled in 18 months raises a few red flags to me certainly as far as opening new positions.They will surly be quite exposed to a tech downturn in the states.

Having said that well done to those who have invested here certainly got a better return than I have over that time!

[shavian] 31/5/2017 08:36

All well and good QP, but the p/e of Amazon and other big tech stocks is getting ever-more eye-watering. And despite the many geo-political threats around, market volatility as measured by the VIX sits at three year lows. Very odd, and it all smacks of investor over-confidence.James Anderson is a fantastic manager, so I hope he is building up cash in case of a big market set-back. Others I trust, such as Gervaise Williams and 7IM, are tippy-toeing to the sidelines. I'm starting to do the same.

[fardistanthills] 27/5/2017 12:31

Indeed. Why do ITs like ScoMo try to avoid trading at a premium? It seems as though investors are being prevented from benefiting from the full extent of a rise in the growth of stocks held within their IT, whereas the fund manager doesn't lose out. The fund grows by issuing new shares instep with the growth of the underlying stocks, whilst the investor is diluted by the issue of these new shares? Is there something wrong with my line of thought? Do such funds buy back previously issued shares in the event the underlying stock growth stalls or reverses; would there be a reverse policy for when ScoMo trades at a discount? Have I answered my own question? But would they have the wherewithal to buy back when trading at a discount?

[shavian] 26/5/2017 18:42

Got there tonight QP!

[donsan] 16/5/2017 11:34

Cheers QP for the link, I also see it gets a buy recommendation in todays TIMES alongside an informative write-up

el Don

[donsan] 14/5/2017 19:56

QuePassa, thanks for all your posts but as just an ordinary PI, do you rate these as decent buy for the long term, your comments would be much appreciated, cheers

el Don

[lollipop3] 08/5/2017 10:43

When is the next announcement scheduled ?TIA

[ygor705] 04/5/2017 14:16

Agree with your view on the issuance of further treasury shares to manage the premium over net asset value Qua Passa. Let the market do its job! People will soon learn!