Scottish Mortgage Invest... Share Discussion Threads

[quepassa] 27/11/2015 07:18

Tesla up another 5% yesterday.

All eyes on Amazon for a blockbuster Black Friday.


ALL IMO. DYOR.
QP

[quepassa] 26/11/2015 08:12

Tesla up 5% in yesterday's trading.

Expecting a positive NAV update later this morning.

ALL IMO. DYOR.
QP

[quepassa] 19/11/2015 11:06

October Fund Fact sheet now available but perhaps more interesting is a really fascinating write-up called RATIONALLY EXCITED dated October 2015 by Baillie Gifford and all highly relevant to SMT

Heady and thought-provoking stuff. This is what SMT makes so different to the pack.

Go to the Baillie Gifford website and you can find the review under Literature.

Contains some great stuff.


ALL IMO> DYOR.
QP

[quepassa] 10/11/2015 13:01

Yes, more detail, true.

Six month figs are to end September. They are interesting to read.

I am however nonetheless particularly keen to read the OCTOBER write-up as that was the month when the markets shot up after an arrid patch.

ALL IMO> DYOR.
QP

[shavian] 10/11/2015 12:38

QP there's more detail in the results than the factsheet, including the top 30 holdings which are interesting. I note that Alibaba has dropped down the pecking order a bit in favour of its rival Tencent, which also has good news out today. GLA

[quepassa] 09/11/2015 09:07

Lots of buying recently into this fund. Indeed a lot of issuance of Treasury shares because of that demand.

It seems to me that there is strong demand for this investment trust.

This is a somewhat unusual investment vehicle where there are several large holdings which individually can have a not insignificant impact on overall fund performance.

It is perhaps understandable that the trust is now trading at a premium based on strong performance of the tech sector and great market interest in these types of stocks. Perhaps the trust is being re-rated by the market and will continue to trade at a premium compared to NAV in the foreseeable future.

Indeed , last Friday's RNS follows a long string of recent announcements where they have issued Treasury shares. This time another half-a-million " owing to demand in the market" and these shares were also issued "at a premium to the prevailing net asset value."

Seems to me like a premium to NAV is with us now and may well continue whilst appetite for shares remains. Let's hope so.

Baillie Gifford/SMT have also recently been presenting this fund to select audiences which is likely to have further stimulated interest in this investment vehicle.

I personally continue to see good upside.

I look forward to the early release of the October SMT Fund Fact Sheet.


ALL IMO. DYOR.
QP

[shavian] 09/11/2015 08:38

Good to see that the market kept faith with SMT despite the clank over the NAV last week. Now trading at a premium, so we should expect a pause or slight pull back to let the NAV catch up

[quepassa] 06/11/2015 12:48

Excellent update.

The stock-picking skills at SMT are very high.

So refreshing to see an Investment Trust with such conviction about growth stocks.

Which other large Investment Trusts offer such exciting pre-IPO exposure as SMT to highly regarded names such as industry-changing Air BnB, Flipkart ( the Amazon of India) and world-class Palantir?


ALL IMO. DYOR.
QP

[quepassa] 05/11/2015 15:19

After SMT's uncharacteristic error and subsequent correction of NAV ,

it is yesterday 261.02p versus 265.75p today.


ALL IMO. DYOR.
QP

[quepassa] 05/11/2015 12:07

Massive rise.

NAV yesterday for 3rd Nov quoted as 261.02pence.

NAV today for 4th Nov quoted at 277.52p.



Excellent.

Looks to me like the share price may have some fast catching up to do.

ALL IMO> DYOR.
QP

[quepassa] 05/11/2015 05:26

Some astonishing increases in prices for their top holdings yesterday.

Amazon -which is SMT's largest portfolio holding of some 11%- was up again yesterday by 2.5%.

And Tesla ( 5% ) up by an incredible 11% at yesterday's NY close.


ALL IMO> DYOR.
QP

[quepassa] 04/11/2015 08:27

Tesla up 7% in after-hours trading last night.

I do not think that this after-hours increase will be included in today's NAV release as, to the best of my knowledge, SMT use official closing or official latest available prices in NAV calculations.

ALL IMO. DYOR.
QP

[quepassa] 03/11/2015 08:08

Tesla (4.2% of portfolio) up 3.4% yesterday.

ALL IMO> DYOR.
QP

[quepassa] 30/10/2015 09:22

SMT's third largest holding is global Spanish textile company and owner of Zara, Inditex.

SMT have a 5.8% portfolio holding of Inditex whose shares have risen from Euro 28 at the end of September to Euro 34 now.


Some of SMT top picks and core portfolio holdings ( Amazon, Inditex, Baidu, Tesla, Google, Alibaba) have had a stonking one month performance.

Another major SMT holding is Baidu where they have a 4.4% portfolio holding.
This has stormed forward from $132 at the end of September to $170 now.

Let's hope that SMT retests its summer-time highs of 280p in the near future which - in my view- it has good prospects of doing.

ALL IMO. DYOR.
QP

[quepassa] 29/10/2015 12:27

Very nice pick-up in NAV values today and over last week.

Alibaba where SMT have a 2.9% holding has risen a lot in price recently, as has Tesla in recent times.

ALL IMO> DYOR.
QP

[quepassa] 29/10/2015 08:44

some good performance amongst their top USA holdings yesterday.

ALL IMO. DYOR.
QP

[quepassa] 26/10/2015 12:11

The NAV announcement was out every day last week by 11am.

Where and when is it today?

ALL IMO. DYOR.
QP

[quepassa] 24/10/2015 08:53

SMT's largest portfolio holding of Amazon (10.5%) closed up a whopping 6.2% yesterday.
Google ( 3.5%) up 7.9%.

They also have a portfolio holding in Alibaba of 2.9% which was up 6.5% yesterday.

Many other of their US holdings closed up a percent or two.

To see roughly 17% of their total holdings in shares which moved higher by at least 6.5% yesterday is noteworthy.


I would hope that the Monday NAV RNS release should see values in the fund up by several pence or so on the back of the resurgent Tech stocks fueled by great results at Amazon And Google.

ALL IMO. DYOR.
QP

[lollipop3] 24/10/2015 08:25

Sold out a couple of months ago,Past performance is no guide to the future.J

[shavian] 23/10/2015 19:35

Thanks QP, you are not alone here

[quepassa] 23/10/2015 13:04

Tech stocks on the US market to boom today.

Amazon expected up at least 10% at open.

ALL IMO> DYOR.
QP

[quepassa] 23/10/2015 12:23

As at 30th. Sept,

SMT had 48% exposure to North America in this outstanding investment trust.

Mainly high growth stocks - many of which surged yesterday.


ALL IMO> DYOR.
QP

[quepassa] 23/10/2015 12:13

30th September portfolio holdings for SMT

AMAZON 10.6%
GOOGLE 3.4%

ALL IMO. DYOR.
QP

[quepassa] 23/10/2015 11:53

Seems to me that yesterday's share rise in the US markets not yet fully fed through especially AMAZON and GOOGLE in after hours where SMT own a 10% portfolio holding of AMAZON.

ALL IMO> DYOR.
QP