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STS Sts Global Income & Growth Trust Plc

214.00
-3.00 (-1.38%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sts Global Income & Growth Trust Plc LSE:STS London Ordinary Share GB00B09G3N23 RED ORDS 1P
  Price Change % Change Share Price Shares Traded Last Trade
  -3.00 -1.38% 214.00 356,522 16:29:55
Bid Price Offer Price High Price Low Price Open Price
214.00 216.00 216.00 214.00 216.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Finance Services -296k -4.37M -0.0437 -48.97 213.85M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:14 O 100,000 216.00 GBX

Sts Global Income & Growth (STS) Latest News (3)

Sts Global Income & Growth (STS) Discussions and Chat

Sts Global Income & Growth Forums and Chat

Date Time Title Posts
28/11/202315:33Anyone out there?30
23/6/201513:23Securities Trust of Scotland - new dividend policy2

Add a New Thread

Sts Global Income & Growth (STS) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
16:15:00216.00100,000216,000.00O
15:35:14214.00612.84UT
15:16:53216.0020,00543,210.80O
15:15:54215.001,1002,365.00O
15:06:39215.007,00015,050.00O

Sts Global Income & Growth (STS) Top Chat Posts

Top Posts
Posted at 25/4/2024 09:20 by Sts Global Income & Growth Daily Update
Sts Global Income & Growth Trust Plc is listed in the Finance Services sector of the London Stock Exchange with ticker STS. The last closing price for Sts Global Income & Growth was 217p.
Sts Global Income & Growth currently has 99,930,075 shares in issue. The market capitalisation of Sts Global Income & Growth is £213,850,361.
Sts Global Income & Growth has a price to earnings ratio (PE ratio) of -48.97.
This morning STS shares opened at 216p
Posted at 28/11/2023 15:33 by mozy123
The Trust industry is experiencing lots of combinations. STS and TIGT seem a perfect fit. Don't hold either but will revisit STS when its larger.
Posted at 14/8/2022 16:43 by steve3sandal1
Indeed Troy track record also good during GFC which I think helped Seb win the PNL mandate. I've about 10% between STS and TIGT. Short term performance moderate but over time investing in 20% ROC companies will probably work out OK.
Posted at 14/8/2022 14:27 by cynicalsteve
Hi Steve, it surprises me how quiet many of the boards are, has there been an apocalypse and we didn't notice?
I'm currently an investor in another Troy fund PNL, its mix of Tech/Consumer/Medical equities plus gold and TIPs was perfect during Brexit, the pandemic and the Ukraine war. Now I'm less keen on Troy funds because I worry their equity portfolios might be TOO concentrated, both by number of stocks held and sectors they invest in. I also remember that they bought tobacco stocks all the way up but held them most of the way down, I fear they will do the same with tech companies. The STS portfolio is more diverse, with less tech, so it's one I'm keeping an eye on, waiting for an entry point.
Posted at 18/9/2020 09:49 by chc15
Yes up finally, the portfolio looks good, but price hasn't really moved up enough. Maybe Troy will help, but I'm not sure.
Posted at 16/6/2015 15:08 by speedsgh
STS website -

STS dividend history -

Financial Results to 31 March 2015 -

Mentioned here (12/6/15) -

Edison research note (Nov 2014) -

NEW Executive Interview: Securities Trust of Scotland (Jun 2015) -
Portfolio manager, Alan Porter, explains the rationale for recent additions to the portfolio and the change in the dividend policy.

NEW Edison research note (Jun 2015) -
Posted at 16/6/2015 14:51 by speedsgh
NEW INTERVIEW...

Executive Interview: Securities Trust of Scotland -

Securities Trust of Scotland (STS) seeks a combination of rising income and long-term capital growth from a concentrated (currently 46 stocks) global portfolio of mainly larger companies. Stocks are chosen for attributes including yield and dividend growth, financial strength and valuation. Recently the shares have moved to a discount to NAV, but a new policy to enhance the yield, together with the potential for better underlying performance, could see the shares re-rate to a level closer to peers.

In this interview, the portfolio manager, Alan Porter, explains the rationale for recent additions to the portfolio and the change in the dividend policy.
Posted at 12/6/2015 11:37 by speedsgh
STS website -

STS dividend history -

Financial Results to 31 March 2015 -

Mentioned here today -

Most recent Edison research note (Nov 2014) -
Posted at 31/12/2012 11:09 by walthera
STS is showing as "unknown stock" in my ADVFN portfolio.
WHY, as it is still quoted in my monitor and intra day chart?
Posted at 22/9/2012 17:11 by northernlass
Reasons To Be Cheerful

SECURITIES TRUST OF SCOTLAND: PORTER FINDS REASONS TO BE CHEERFUL

Securities Trust of Scotland manager Alan Porter says a stable US housing market, recovery in bank lending and healthy company balance sheets are reasons to have a positive outlook.

One year on, having taken over the Securities Trust of Scotland, investment trust manager Alan Porter has raised the trust's gearing level and its exposure to cyclicals as a sign of being more bullish on company prospects.



GLOBAL MANDATE

Porter took over STS on 1 August last year with the mandate of transforming the portfolio from a UK income fund to a global mandate. This followed a shareholder vote to change its investment objective from solely seeking income in the UK.

In December, when Fund Strategy last profiled the trust, the manager described himself as "getting close to being greedy but not quite there yet". At the time, his gearing level was 5 per cent and the fund was underweight in cyclicals as he felt they looked too expensive.

By February, Porter had upped his weighting in cyclicals to neutral while he has since raised the trust's gearing to 8 per cent as he believes the current macro economic environment is supportive for equities, in particular, income stocks.

"By the turn of the year, for the first time, we saw improving data coming out of the US and since then GDP has been growing at around the 2 per cent mark," he says. "While there has since been negative data, there are reasons to stay positive, namely stronger labour markets, stability in the housing market, good retail numbers and a recovery in bank lending."



INCREASING RETURN

Meanwhile, from a micro perspective, Porter notes companies are sitting on healthy balance sheets and profit margins are at all-time highs, which he says is good for income in the short to medium term.

"Companies are not investing this in terms of capital expenditure, instead opting to return it to shareholders, which is good news for income and growth funds as payout ratios rise," he says.

Indeed, as a result, Porter is expecting 7-8 per cent dividend per share growth for STS over the next 12 months.



STRONG PERFORMANCE

One year into the trust's new mandate and performance has been strong. According to the latest AIC data over one year to 31 July 2012, the trust has returned 17.8 per cent on a share price total return basis, outperforming its benchmark by 9 per cent. In the trust's last financial year, it also increased its dividend by 1.1 per cent to 4.70p per share and its current net yield is 3.7 per cent.

Read the full article here:
Sts Global Income & Growth share price data is direct from the London Stock Exchange

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