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Share Name Share Symbol Market Type Share ISIN Share Description
Smithson Investment Trust Plc LSE:SSON London Ordinary Share GB00BGJWTR88 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +4.00p +0.33% 1,218.00p 1,214.00p 1,218.00p 1,220.00p 1,210.00p 1,220.00p 209,929 15:40:17
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments - - - - 1,253.15

Smithson Investment Share Discussion Threads

Showing 26 to 48 of 150 messages
Chat Pages: 6  5  4  3  2  1
DateSubjectAuthorDiscuss
06/11/2018
14:49
If this goes to a premium above 18% I shall be thinking about selling for a quick profit
wingrove4
06/11/2018
11:59
The "flyer" says portfolio yield 1.2%...I guess we'll have to wait and see the level of the payout.
konkel
06/11/2018
11:59
The "flyer" says portfolio yield 1.2%...I guess we'll have to wait and see the level of the payout.
konkel
06/11/2018
11:39
Anyone know if there's a dividend here? I know TS isn't keen, but seem to recall 1.8% being mentioned, but not sure if that's the anticipated underlying yield of the p/f or the expected payout?
wirralowl
05/11/2018
14:54
Gist, not host...
villarich
05/11/2018
14:54
It's not strictly sight unseen though is it? They've already declared their investable universe. Add that to the philosophy being very similar to Fundsmith, albeit with smaller mcap and you get the host of what you're investing in.
villarich
02/11/2018
16:51
According to the Smithson website, the first fund factsheet won't be available until December. That means that we won't know their list of investments for another month, unless they issue an rns about their portfolio. I'm surprised so many people are buying here sight unseen.
biggest bill
02/11/2018
10:40
NAV above IPO price
villarich
01/11/2018
08:16
i can't see these investing in the dross that WPCT has so my guess is no but we'll have to wait and see what/which companies they have been buying
jon123
01/11/2018
08:16
Don’t think you can compare the two. I only bought a few expecting the price to trail NAv within a month or two due to current sentiment. Looks like my mistake.
jhan66
01/11/2018
08:14
@ wingrove - it's possible this is being chased too high, yes. But the fall in WPCT was more than just a reality check, it was the realisation that the guy was out of his depth. TS won't be making that error.
jonwig
01/11/2018
08:09
Is anyone concerned this might be like WPCT, going to an initial premium before steadily falling, I hope not I have invested quite a lot in this
wingrove4
31/10/2018
09:59
I am surprised at the size of the premium here now considering that they have not published their list of investments yet.
biggest bill
30/10/2018
18:52
A good read md, thanks for posting.
steptoes yard
30/10/2018
10:33
A last reported nav of 984p suggests they've been in the market buying. Will he report his full portfolio? Monthly?
jonwig
22/10/2018
11:37
hxxps://citywire.co.uk/money/record-breaking-smithson-up-2-in-first-day-of-trading/a1167065 "Stags were out in force". Well done to the sod who trousered £23k for stumping up just under a million. What caught my attention was that one guy had 82000 shares. Seemed a co-incidence with the 82 million that turned out to be the final shares in issue. I'm sure there's nothin in it. Meanwhile Terry's £25m turns out to be 3.04% so we got an announcement this morning. It would have been 10% if the fund was capped at £250m but £25 mill is £25 mill ;-/ I share the view that the size of the fund at launch is not a detriment.
steptoes yard
20/10/2018
22:54
I do not see £800mm as an issue. If he has 25 investments averaging £32mm a shot, that’s around 1% of the market cap of the typical target company. Could easily issue more stock, as with FEET. What could hold this back (from a share price premium point of view) is some simmering concern about FEET, which has not performed yet, after three years or so. Worth recalling in one of Smith’s Q&A sessions on FEET is that he feels it to be a far better current investment than the Fundsmith fund. It was beginning to perform until the EM currencies got smacked. He does not hedge these and the invested companies typically have no meaningful exports to pump up the profits. However, EM currencies - absent of an existential collapse - bounce back over time. On top of that, the average ROCE of the investee companies is north of 30%, so patience could be spectacularly rewarded and I have held tight. I would add were it not for the Trump/Fed “duel”. (perhaps I ought to have posted this on the FEET board - I just got carried away)!
chucko1
20/10/2018
13:02
I’m in here too. I’m execting what it says on the tin but quite prepared for it to take as long as it takes for small, quality, global to outperform cash, large cap, or any other asset. I think Trust size is irrelevant in this space. The updates will be interesting as we see Son of Smith play out. GLA.
steve3sandal
20/10/2018
09:09
Fundsmith has been my biggest & best investment but I can’t see Smithson making a similar impact. Think it might already be too big to be the product originally conceived. Hopefully though, Terry will do his thing & we’ll all be better off for it. Good luck
jhan66
19/10/2018
11:34
Hopefully a good time for SSON to be buying as selling pressures may have eased - fingers crossed.
ianood
19/10/2018
11:20
A plus point is that the initial nav is 1,000p.
jonwig
19/10/2018
11:15
Toe in the water, I will see how it goes and will top up as and when I see the holdings then wait and see what happens next.
spacecake
19/10/2018
09:57
I know three people who invested here who applied for more than they actually wanted in the expectation that their allocations would be scaled back. Given that all applications were satisfied in full, I expect some selling in the short term as people adjust their shareholdings to their level of comfort. I might be interested in buying here but I am going to wait until I see what their investments are. In a few days the shares might fall to a small discount which would be a better entry point.
biggest bill
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