Securities Trust Of Scot... Share Discussion Threads

[chc15] 18/9/2020 09:49

Yes up finally, the portfolio looks good, but price hasn't really moved up enough. Maybe Troy will help, but I'm not sure.

[mbu69] 17/9/2020 16:47

Delighted as it's gone up a bit! You are not totally alone..... but it is rather quiet on here.

[chc15] 17/9/2020 16:09

Well Troy it is, happy anyone?

[chc15] 23/12/2019 13:59

Doing well, at premium, any thoughts

[chc15] 20/11/2019 23:42

Seems to be ticking up v slowly, any thoughts out there..

[chc15] 06/8/2019 12:31

Just bought into this, decent performance this year, so hope it recovers...

[pherrom] 29/6/2019 15:02

Now 193.5, so improving.

[biggest bill] 31/7/2018 13:42

I have been accumulating a few of these lately. I have been looking to diversify out of the British stock market because of the twin threats of Brexit and Jeremy Corbyn and this fits the bill nicely. Only 15% of the portfolio is in Britain. This is also the only decent trust in the global equity income sector which is at a significant discount. I also think that a value investing approach to stock markets might do well in the next few years after a long period of underperformance.

[pherrom] 29/6/2018 07:57

A year ago these were £1.68. Today they are £1.68. Last 4 dividends 6.1p. Yield 3.6% A bit more than an instant access deposit account but one expects better.

[speedsgh] 23/6/2015 13:26

New Edison research note... Growth and income from a concentrated portfolio - HTTP://www.edisoninvestmentresearch.com/research/report/securities-trust-of-scotland9

[speedsgh] 23/6/2015 13:23

New Edison research note... Growth and income from a concentrated portfolio - HTTP://www.edisoninvestmentresearch.com/research/report/securities-trust-of-scotland9 Have added to header.

[speedsgh] 17/6/2015 14:41

NEW INTERVIEW... Executive Interview: Securities Trust of Scotland - HTTP://www.edisoninvestmentresearch.com/edison-tv/clip/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.

[speedsgh] 17/6/2015 14:40

New thread here - HTTP://uk.advfn.com/cmn/fbb/thread.php3?id=34106313

[beardmore] 16/6/2015 15:53

Paying some of the dividend out of capital sounds a little too cannibalistic for me.

[speedsgh] 16/6/2015 15:08

STS website - HTTP://www.securitiestrust.com/home/ STS dividend history - HTTP://www.securitiestrust.com/fund_data/dividend/ Financial Results to 31 March 2015 - HTTP://www.investegate.co.uk/securities-tst-scot--sts-/rns/annual-financial-report/201505261254042362O/ Mentioned here (12/6/15) - HTTP://www.compoundincome.org/blog/a-dull-end-to-a-dull-week Edison research note (Nov 2014) - HTTP://www.edisoninvestmentresearch.com/research/report/securities-trust-of-scotland8 NEW Executive Interview: Securities Trust of Scotland (Jun 2015) - HTTP://www.edisoninvestmentresearch.com/edison-tv/clip/executive-interview-securities-trust-of-scotland 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) - HTTP://www.edisoninvestmentresearch.com/research/report/securities-trust-of-scotland9

[speedsgh] 16/6/2015 14:51

NEW INTERVIEW... Executive Interview: Securities Trust of Scotland - HTTP://www.edisoninvestmentresearch.com/edison-tv/clip/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.

[speedsgh] 12/6/2015 11:37

STS website - HTTP://www.securitiestrust.com/home/ STS dividend history - HTTP://www.securitiestrust.com/fund_data/dividend/ Financial Results to 31 March 2015 - HTTP://www.investegate.co.uk/securities-tst-scot--sts-/rns/annual-financial-report/201505261254042362O/ Mentioned here today - HTTP://www.compoundincome.org/blog/a-dull-end-to-a-dull-week Most recent Edison research note (Nov 2014) - HTTP://www.edisoninvestmentresearch.com/research/report/securities-trust-of-scotland8

[walthera] 31/12/2012 11:09

STS is showing as "unknown stock" in my ADVFN portfolio. WHY, as it is still quoted in my monitor and intra day chart?

[beardmore] 22/9/2012 17:47

I'm quite impressed by the changes made and the performance achieved by Alan Porter and I shall be adding further to my holding of Securities Trust of Scotland.

[northernlass] 22/9/2012 17:13

QE Is Good News ALAN PORTER SAYS, "QE IS GOOD NEWS FOR EQUITY INVESTORS" Quantitative easing, or money printing, by central banks provides a good backdrop for shares, says Alan Porter, manager of the Securities Trust of Scotland. The stock market's initial enthusiasm for the US Federal Reserve's decision to launch 'QE3', or another big round of injecting new money into the US economy, shows just how much markets are being driven by macro concerns, although the rally did peter out this week. Alan Porter, manager of the Securities Trust of Scotland, a global investment trust, says quantitative easing (QE) by central banks like the Fed, but also the Bank of England, the European Central Bank and the Bank of Japan, can create a great situation for investors in shares. QE involves central banks creating new money and using it to buy government bonds and other assets with the aim of reducing long-term interest rates. Porter explains that this creates a scarcity of income as yields on the bonds and the assets that are purchased are pushed down as their prices rise. This is good news for shares, or equities, because their higher dividend yields then look attractive to investors who buy them. WATCH VIDEO INTERVIEW HERE: http://citywire.co.uk/money/qe-is-good-news-for-equity-investors/a619899 P.S. Here's some links about SCLP, one of the hottest stocks at the moment: http://www.euroinvestor.com/community/discussionthread.aspx?iid=2467508&threadid=256596&mode=2 http://www.euroinvestor.com/community/discussionthread.aspx?iid=2467508&threadid=255276&mode=2 http://www.euroinvestor.com/community/discussionthread.aspx?iid=2467508&threadid=257550&mode=2

[northernlass] 22/9/2012 17:11

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: http://www.fundweb.co.uk/fund-strategy/issues/3rd-september-2012/porter-finds-reasons-to-be-cheerful/1057052.article

[trustman] 05/10/2008 21:47

Buying blue chips including banks at a discount and a good yield!