Share Name Share Symbol Market Type Share ISIN Share Description
Scottish Mortgage Investment Trust LSE:SMT London Ordinary Share GB00BLDYK618 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +1.40p +0.26% 546.60p 547.60p 548.00p 548.70p 543.80p 545.00p 1,777,920 16:35:24
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 30.7 16.7 1.2 455.5 7,878.18

Scottish Mortgage Share Discussion Threads

Showing 601 to 624 of 625 messages
Chat Pages: 25  24  23  22  21  20  19  18  17  16  15  14  Older
DateSubjectAuthorDiscuss
20/8/2018
20:33
From BBC: Tesla shares fell under $300 on Monday amid growing doubts about Elon Musk's ability to take the company private. Shares in the electric car maker are down more than a fifth since he revealed the plan in a tweet on 7 August. Some analysts predict Tesla still has further to fall: JPMorgan Chase has cut its price target from $308 to $195. The bank's analysts cited doubts about Mr Musk's claims to have secured funding for his take-private plan. "Tesla does appear to be exploring a going private transaction, but we now believe that such a process appears much less developed than we had earlier presumed (more along the lines of high level intention)," said Ryan Brinkman at JP Morgan.
wetdream
17/8/2018
21:06
"Odey says Tesla Feels like it's entering Final Stage of Life" - Bloomberg 17/8. Link to full Bloomberg article/video: hXXps://www.bloomberg.com/news/articles/2018-08-17/odey-says-tesla-feels-like-it-s-entering-final-stage-of-life ALL IMO. DYOR. QP
quepassa
14/8/2018
22:56
Quepassa good sale at a premium to net asset value suspect that you have timed that well Agree on markets
pockstones
14/8/2018
15:18
Drip, drip, drip.... Down it goes. British bulls got it right this time.
wetdream
14/8/2018
03:49
Hopefully link works. Chinese electric car company Nio seeks to raise $1.8 billion in IPO hTtps://www.cnbc.com/2018/08/13/nio-chinese-electric-car-ipo-filing.html
uapatel
13/8/2018
22:13
FWIW British Bulls agree-sell. https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=SMT.L
wetdream
13/8/2018
10:43
I think scomo a relatively good haven for some money. But with the cash what are you doing with it? I was planning to put 60% of my portfolio into cash etfs, 60% in $ and 60% in £ until October....
eh9
13/8/2018
10:28
Have today liquidated all holdings in ScoMo. Not because I have any problem whatsoever with ScoMo but because the markets are in a perilous and parlous state in my view. Too many chances of major shocks in the near future make for extremely choppy and unsure sailing. Emerging Markets crises, Trump Tariff Troubles, Facebook/Netflix question-marks, Brexit worries, globally stretched valuations. Am taking a temporary "holiday" from my investments in ScoMo with a view to reentering in next months once markets have calmed. As far as Tesla is concerned, the story has many more chapters yet to come. On balance of probabilities, I lean towards Tesla going private which means 20% upside to current share price. If it fails however, it will be bad news for already stretched valuations and may be the catalyst which causes a significant market correction and investor rush for the equity exit. Time for me to take the chips off the table for a few spins and protect capital. But will continue watching where the ball falls with acute interest and hope to re-enter the game shortly. Good Luck All. ALL IMO. DYOR. QP
quepassa
12/8/2018
09:06
Whoops absolutely right the performance stats are from 1995 to present so 23 years and over that time Scottish Mortgage has underperformed Herald which is long enough to form a judgement. By all means invest in large cap highly rated American loss making businesses (Tesla being a particular favourite of Scottish Mortgage ) in a vehicle trading at a premium to net asset value but do not be surprised if it ends badly investing to misquote Buffet markets start off as popularity contests and end up on the weighing scales SMG depends on easy money valuations on a few mega cap stocks which they have ridden well leaving a rational investor with the question “And for my next trick? You do not have that problem with Herald which is why it is the better investment prospect looking forward - and has been looking back to 1995
pockstones
11/8/2018
18:33
excellent post rrr. both HRI and SMT are exceptional funds. Each in their own way is different and each has outstanding merits. ALL IMO. DYOR. QP
quepassa
11/8/2018
17:12
But according to Trustnet: In terms of both cumulative and annualised performance Scottish Mortgage (SM) has risen more over 1, 3, 5 and 10 year periods than Herald (H). For example, in the case of cumulative performance, SM has risen by 465.8% in 10 years, H by 362.9%. For 5 years the figures are SM 224.5, H 128.1%. For 3 years SM 108.1, H 81.0%; for 1 year SM 31.6, H 23.4%. Thus over all these periods SM does better. The same is true for annualised performance. Finally, Herald was launched on 16/02/1994. It is not possible to have a 25 year number for Herald yet therefore. rrr
rrr
11/8/2018
16:26
Quepassa both trusts invest in technology funds one has outperformed the other over one ten and twenty five years if investment is rational rather than emotional and funds are invested rationally you are getting more from Herald than you are from Scottish Mortgage. Furthermore as you point out the better performer comes with a greater margin of safety as it trades at a discount to asset value. Scottish Mortgage at six billion suffers from being too large to invest in small growth companies as Herald does. Buffet is right to point out that size becomes a handicap to investment success but the manager of Scottish Mortgage collects a fee based on the size of the fund managed. His incentives are not in your interests as an investor whereas Herald’s manager buys stock back when the discount widens despite this reducing her total fee but to the benefit of her remaining shareholders to my mind better performance and better values demonstrated. Anderson on the other hand markets heavily issues stock and increasingly invests in unquoted all possibly questionable. DYOR
pockstones
10/8/2018
16:51
Resistance at £5.60. One more go next week perhaps?
wetdream
10/8/2018
07:41
Looks like Tesla's Board are taking Musk's proposals seriously and the Board will meet with Musk's financiers next week according to special report on CNBC: hXXps://www.cnbc.com/2018/08/09/tesla-board-tells-elon-musk-to-recuse-himself-prepares-to-review-take.html Tesla closed up in late trading yesterday. ALL IMO. DYOR. QP
quepassa
09/8/2018
20:44
I hear what you say but both funds are great in their own way. I was never suggesting that HRI was better than ScoMo as they are very different indeed. Nor was I ever comparing the two. I simply suggested that HRI is a great fund too and somewhat over-looked with an undesevredly large discount in my opinion. HRI is smallcap media-tech UK and Europe. ScoMo is USA weighted. Sorry to disagree but I think the outstanding thing with ScoMo is quite opposite to what you suggest. ScoMo did and does invests in companies which are juvenile and/or not yet in fashion such as Amazon when it was an unknown minnow, other companies when they are not even listed, Chinese companies like Baba when China was off-limits to most international funds, Tesla which was shunned by most investors in its early days. The investing genius at ScoMo is that they correctly picked so many now dominant names when they were very small but which have grown to gigantic size. ScoMo had the conviction, foresight and risk-appetite to back them at an early stage. It cannot be just luck that they backed so many early-stage companies which have become world-beaters. And I don't think anyone would, could or should agree that Anderson is a momentum investor as you suggest. He is in fact quite the opposite. Both are truly great funds in my opinion, run by exceptional fund managers in my opinion. I am hoping that HRI can tread in the footsteps of ScoMo and they seem to be doing a great job in the last few years. ScoMo's performance continues to astonish. Amazon is on the verge of joining Apple as the next trillion-dollar company but I fear that Baba will trounce the market caps of Apple and Amazon within just a few years. It is not just by chance that ScoMo invested so heavily in these two companies. Good Luck. ALL IMO. DYOR. QP
quepassa
09/8/2018
20:16
Quepassa could not agree more over one ten and twenty five Herald stuffs Scottish Mortgage the difference between the discounts reflects the Scottish love of blather Herald invests in small growth Anderson in high fashion momentum largely out of the states
pockstones
09/8/2018
19:46
Amazon climbing
lollipop1
09/8/2018
19:38
Just needs to clear £5.60.
wetdream
09/8/2018
12:20
Amazing-hardly a buy in sight.SP very solid.
wetdream
08/8/2018
18:37
I just can't figure out the discount-to-NAV on HRI when so many other smallcap funds are near par. The discount to NAV represents a real bargain in my view and ripe for compression. Today Herald closed again near its recent June all time high at 1340p against a NAV of 1529p, being a gaping and generous discount to NAV of 12.5%. HRI is up more than 100% since early 2016 and going strong with a £billion in its portfolio. Compare that great performance to dismal Woodford funds. Good luck on HRI - over time smallcap funds outperform and sometimes there are multi-baggers in the portfolio in the making - hopefully just like ScoMo's success with Amazon and others! ALL IMO. DYOR. QP
quepassa
08/8/2018
18:13
Steeplejack - a third observation ref Tesla Most private companies held by SMT are surely because they can realise gains once the company lists, or if/when it is bought by a larger competitor. If a company the size of Tesla went private, it becomes a harder route for ScoMo to liquidate value from its investment. It couldn't trade or sell the private shares (easily), it's hard to value its stake, no-one would take on buying it, and Tesla doesn't look like it will pay divvies for a while. QP - thanks for the HRI pointer. I dipped a toe in recently after reading up. That track record is lovely if you own them, though a bit scary to buy in (!), but there's still a good discount as it's a growth share.
spangle93
08/8/2018
11:45
A close of day finish above 560p would be excellent imho.
wetdream
08/8/2018
10:35
Away from Tesla for the moment... A recent July quote from perhaps the highest profile, most successful and revered fund manager in the UK, namely James Anderson of ScoMo fame:- "To me XXXX may be the most important company in the world." Try to guess to yourself before you read this article which the company is that James Anderson wrote this about: hXXps://resoluteoptimism.bailliegifford.com/moores-law/ ALL IMO. DYOR. QP
quepassa
08/8/2018
10:00
"If Tesla goes private,it’s more than likely that SMT continues to hold its interest" two observations: 1. ScoMo's private/unlisted individual holdings are without exception all much less than 1% 2. ScoMo's investment criteria/guidelines/limits for investing in private companies would make it almost impossible for ScoMo to continue holding the same quantum/monetary value in Tesla. all imo.dyor. qp
quepassa
Chat Pages: 25  24  23  22  21  20  19  18  17  16  15  14  Older
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