Scottish Mortgage Invest... Share Discussion Threads

[quepassa] 29/4/2021 21:37

Amazon makes new all-time high of just below $3,600

[dexter1612] 29/4/2021 21:11

Amazon announce eye-watering earnings of 108.5 billion dollars. 3rd largest holding

[arja] 29/4/2021 09:42

some move today and starting to look good chartwise ! outperforming ATT and PCT and
back to normal

[dexter1612] 25/4/2021 14:49

I think SpaceX will be huge but what will carry it through is Starlink.....a third of the world cannot access the Internet, a gigantic market. Musk is already disrupting thr Telecommunications industry and is well ahead of any competition. Its projected to push SpaceX valuation to $175 Billion.https://www.forbes.com/sites/enriquedans/2021/04/06/with-starlink-elon-musk-is-once-again-showing-how-to-make-economies-of-scalework/

[29palms] 25/4/2021 11:50

More good news for unlisted holding SpaceX

Continuing success for SpaceX should drive the value of SpaceX higher within the portfolio.

[dexter1612] 25/4/2021 11:29

Q1 earnings reports this week for some of the bigger SMT holdings. Amazon expected Thursday, Tesla on Monday, Shopify also expected.

[arja] 22/4/2021 22:24

not easy as you say and charts less useful with Trusts . US indioes tumbled after UK close and SMT and most stocks will open weaker on friday

[dexter1612] 22/4/2021 15:19

I'm not sure how you can ever accurately predict daily share price performance in any Trust let alone SMT.......maybe other factors such as Biden today pledging to half USA carbon emissions in 9 years play to SMT strengths and holdings.

[arja] 22/4/2021 13:44

strange that such a big move today compared with ATT and PCT as NAV only increaed to 1249 . But still a small discount I guess !

[brexitplus] 22/4/2021 09:20

Scottish Mortgage Trust (SMT) has invested $100m (£72m) in Blockchain.com, the UK’s biggest cryptocurrency company, in its first significant investment in digital money.

The investment made in a $300m funding round last month makes Scottish Mortgage and its fund management group Baillie Gifford the largest external shareholder in the London-based company, valuing it at $5.2bn.

Blockchain announced Baillie Gifford’s involvement yesterday and today the company confirmed that Scottish Mortgage, its global flagship and the UK’s largest investment trust, was the only one of its funds taking the plunge.

The move sees Baillie Gifford follow Lightspeed Venture Partners, DST Global, Future Fifty, Lakestar and Vy Capital which were Blockchain’s early top investors. According to the Crunchbase website, the Series C funding round came just a month after the company tapped investors for $120m. It has raised $490m in six rounds since August 2014.

Although Baillie Gifford’s stake is a coup for Blockchain, whose chief executive Peter Smith described the Scottish fund manager as an ‘invaluable partner’, it represents a small stake of around 0.4% of Scottish Mortgage’s current net assets of £17.5bn.


This makes Blockchain the 45th private company in Scottish Mortgage’s burgeoning £3.3bn unquoted portfolio, which accounted for nearly 17% of the trust at the end of February.

[dexter1612] 21/4/2021 20:07

You can be forgiven for forgetting that SMT is not specifically a tech fund, excellent results from one of its bigger holdings, Kering, luxury goods.https://www.retailgazette.co.uk/blog/2021/04/gucci-owner-kering-revenue-reaches-pre-pandemic-levels/

[brexitplus] 21/4/2021 12:29

One of Britain’s most prominent investors has put $100m (£72m) into the UK’s biggest cryptocurrency company in a new stamp of approval for Bitcoin and other digital assets.

Baillie Gifford has become the biggest outside shareholder in Blockchain.com with the investment, part of a $300m funding round that valued the London-based company at $5.2bn.

The Edinburgh asset manager has been an early backer of Silicon Valley giants including Google, Tesla and Airbnb but its support for Blockchain.com, a service that lets users buy and store cryptocurrencies such as Bitcoin, represents its largest push into digital currencies to date.

Institutional money flowing into cryptocurrencies has been partly credited with Bitcoin’s surge from less than $7,000 a year ago to around $55,000 today, although some major investors are seeking to follow the trend by investing in companies providing cryptocurrency services.

[hartleyjr1] 21/4/2021 09:40

I know - the reason for mentioning Netflix is that we are entering Q1 earning season and it will be interesting to see how much perfection is priced in. My comment was a direct response to Dexter's claim that falls were just attributable to cyclicals selling off on persistent cv19 worries - I feel it's wider than that. When you see thinks like SAFEMOON and SAFEMARS with capitalisations in the hundreds of millions of dollars and putting doing 5x intraday that's surely got to be a clue that irrational exuberance is back?

[steeplejack] 21/4/2021 07:36

Netflix is SMTs 12th largest holding according to latest figures.The rise of NIO (the Chinese EV manufacturer)in the portfolio is interesting.

[hartleyjr1] 20/4/2021 23:30

Netflix down 9% AH (was down 12% initially). So it's not just cyclicals / cv19 worries - everything is getting closed to being priced for perfection at these levels.

[dexter1612] 20/4/2021 21:40

Rise in Global infections the reason for jitters. .....the cyclicals are dragging the market down as global travel had been prematurely priced in to boost energy/oil sectors.If you believe that we are in a period of mania then be aware that bull runs always go longer and faster than you could imagine possible. The Fed has already said they will let the economy run hot pretty much because they want inflation, to inflate as much borrowed money away for as long long as they can. This is the type of inflation that stocks can thrive, other options of growth and wealth management are no worth talking about, other than Bitcoin of course...a different conversation completely..

[hartleyjr1] 20/4/2021 16:13

Feels like everything is coming to a crescendo - markets at highs, tech at crazy multiples, memecoins like DOGE, SAFEMOON & SAFEMARS worth billions overnight. Just need Russia & China to kick off now in earnest. But against all that - relentless inflation. Very hard to call.

[arja] 20/4/2021 16:01

party's over it seems as US markets tumble today - hoping it is just a minor correction

[dexter1612] 17/4/2021 08:02

https://www.bbc.co.uk/news/science-environment-56781556

[dexter1612] 16/4/2021 18:51

Traditionally sits in and around NAV until recent February correction due to rising yields. To come are:Bytedance (Tik Tok) listing in HK maybe this year valued at circa 400 billionO.7% holdingWise (Fintech) payments potentially listing in London in a few months, circa 6 billionStripe (Fintech) online payments listing on Nasdaq in the summer circa 95 billion I'm unashamedly biased having done very well. But if you can find quality tech, with consistent quality in management, low fees, I've yet to see it.

[ali47fish] 16/4/2021 18:35

is it on a discount-small one indicated by ft but not sure if accurate- is it worth it to add still here!

[dexter1612] 16/4/2021 17:29

Q2 environment looking like it will be ideal for SMT. Share price closing in on fair NAV and several blockbuster IPOs on the horizon in the summer......also earnings reports for several of its largest holdings.

[quepassa] 16/4/2021 08:56

Have started accumulating COINBASE GLOBAL.

Ticker: NASDAQ: COIN


Zero or 50x.


ALL IMO. DYOR.
QP

[arja] 14/4/2021 07:49

bond yields falling and has helped nasdaq

[dexter1612] 13/4/2021 14:04

Market seems comfortable with US CPI figures.