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 Shares Traded Last Trade
  10.00 0.57% 1,752.00 915,116 16:35:16
Bid Price Offer Price High Price Low Price Open Price
1,748.00 1,752.00 1,768.00 1,748.00 1,750.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 15.55 1.65 0.26 6,738.5 2,733
Last Trade Time Trade Type Trade Size Trade Price Currency
17:55:17 O 11,803 1,751.825 GBX

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Date Time Title Posts
11/5/202122:24Smithson Investment Trust248

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Smithson Investment (SSON) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-06-18 16:55:181,751.8311,803206,767.90O
2021-06-18 16:37:391,751.00186,1053,258,698.55O
2021-06-18 16:08:031,752.092,05035,917.80O
2021-06-18 15:58:501,751.822,05836,052.54O
2021-06-18 15:57:051,752.001,65929,065.68O
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Smithson Investment (SSON) Top Chat Posts

Smithson Investment Daily Update: Smithson Investment Trust Plc is listed in the Equity Investment Instruments sector of the London Stock Exchange with ticker SSON. The last closing price for Smithson Investment was 1,742p.
Smithson Investment Trust Plc has a 4 week average price of 1,664p and a 12 week average price of 1,628p.
The 1 year high share price is 1,788p while the 1 year low share price is currently 1,430p.
There are currently 155,992,958 shares in issue and the average daily traded volume is 406,725 shares. The market capitalisation of Smithson Investment Trust Plc is £2,732,996,624.16.
adamb1978: Interesting addition (Wingstop). Financial metrics look interesting but pretty levered and PE is just over 100x this year (and even going out to 2024 is on a PE of 55x). Maybe those forecasts are wrong, and whilst Wing would be a reasonable sized in the UK, its probably poorly researched given size relative to the US market so credible that they could be undercalled (I hold SSON before people ask!)
hectorscrackhouse: Wine, so they say, is a half-decent investment of itself. Still, I would drink a bottle at chosen SSON price increments, either on the way up as a celebration, or on the way down as a consolation! Cheers!
hectorscrackhouse: ""Portfolio Comment for February 2021 We initiated a position in Rollins, a US based provider of pest control services, a company which has demonstrated consistent growth and strong margins and returns over several decades. We began purchasing a stake after a negative share price reaction to recent results. We exited our position in Abcam during the month after we became increasingly concerned regarding the future capital allocation in the business."" Clearly there is money in vermin.
lomax99: Questor: our investment trust tip of the year – 'This is one you can buy and lock away'Questor investment trust bargain: Smithson, the Fundsmith for smaller stocks, proved itself during the pandemic last yearThe pandemic has provided Smithson, the global investment trust for smaller and medium-sized companies from the Fundsmith stable, with its first major test. And so far it has done exactly what it set out to do: it has delivered steady returns despite the sharp market sell-off in March.Over the past 12 months Smithson's share price has risen by 29pc, in line with its net asset value, and has outpaced the 13pc rise in the MSCI World Small Cap index.The portfolio has proved relatively defensive: its largest "drawdown" or peak to trough decline last year was 17pc. Rivals BMO Global Smaller Companies and North Atlantic Smaller Companies recorded NAV drawdowns of 35pc and 24pc respectively, according to Winterflood, the broker.In light of these promising numbers, Callum D'Ath of Brewin Dolphin, the wealth manager, has selected Smithson as his top investment trust pick for 2021.He came up with last year's best performer, Edinburgh Worldwide, which also invests in global smaller companies but has more of a "growth" focus than Smithson. Edinburgh Worldwide has gained 68pc since we tipped it in February 2020, so we have high hopes for Mr D'Ath's latest trust idea."I think Smithson is brilliant," he said. "It is one of those investment trusts that you can buy and lock away."Smithson's resilience in 2020 is perhaps no surprise, given its focus on "quality" small and medium-sized companies around the world. The manager, Simon Barnard, invests in well-established businesses, typically leaders in their industries, that have the potential to generate cash and produce consistent returns.The fund holds the likes of Domino's Pizza and Equifax, the credit score agency. Mr Barnard aims to buy good companies at the right price and then "do nothing", simply letting the investments compound in value over time.It is the same philosophy that Fundsmith's founder, Terry Smith, follows with his successful "open-ended" Fundsmith Equity fund, which invests in large companies around the world with similar characteristics.While Mr D'Ath said he rated both funds, he suspected that Smithson had the potential to outperform its larger cousin over time because of its bias towards medium-sized firms."These are well-established businesses with a huge runway for future growth. It is a great area to invest in and I think Smithson is a fantastic way to do it," he said. That doesn't mean investors have to decide between the two funds: Mr D'Ath said there was a place for both in a diversified portfolio.Smithson Investment Trust key factsMarket value: £2.4bnYear of listing: 2018Discount: 3.6pc premiumAve discount over past year: 1.9pc premiumYield: nilMost recent year's dividend: nilGearing: nilAnnual charge (June 2020): 1pcAlthough Smithson looks great on paper, it would be remiss of Questor not to highlight certain facts. First, it is a concentrated portfolio, comprising only 31 stocks, with an unashamed focus on capital growth rather than income (it has never paid a dividend).Second, the eagle-eyed among our readers will be quick to highlight the trust's persistent premium, which stands at 3.6pc. For some, this could be a sticking point.However, Mr D'Ath said he was not too concerned by it; he said it was becoming difficult to find good trusts that weren't trading at a premium. "Smithson is a popular trust and has pretty much traded at a premium since its launch in October 2018," he added.He said the board continued to issue shares in a bid to keep the premium in check: the trust raised £393m (net of costs) over the course of 2020, according to the Association of Investment Companies.Questor says: buy on weaknessTicker: SSONShare price at close: £16.96Finally, it is important to highlight the trust's annual management charge of 0.9pc, which is higher than those of a number of its global equity peers. This might represent another stumbling block for some of our readers.While costs remain an important consideration, Questor believes there is still much to be said for the trust's potential to generate stable and growing returns over time.And if 2020 is anything to go by, this "Steady Eddie" has more to give. This is one to buy whenever the shares take a stumble.
bezer: Mdumont: like you, I hold a lot in Fundsmith and Smithson and I am loving it! For the record I am now looking to build up on Blue Whale Growth (I know it is similar to Fundsmith) because no matter how much I love Fundsmith & Smithson, there is only so much of a good thing I can take! If truth be known everybody got it wrong at inception time for Smithson. There were quite a few people who did not like the Investment Trust format and were spooked by the disappointing performance of FEET. I thought that Smithson was going to be a winner as soon as I saw it but did anybody envisage over 57% in two years?! I think not. The NAV hit an all time high this morning at +3.9% and the share price is currently +3% for October alone. At inception time the back testing suggested that Smithson should outperform the mighty main Fundsmith Equity fund and so has! Oh long may this continue!
bezer: The Smithson Share price has just hit a new record this morning and is now +20% YTD. I know a lot of Smithson is in the US but it is worth pointing out that the FTSE is -21.5% YTD. Surely no one predicted how successful this wonderful Investment Trust would be when it was launched just under two years ago?......
bezer: Agreed Juggler. It is EVEN more impressive when you examine the latest Smithson Factsheet. From inception (19th October 2018)to 30th April 2020 Smithson Share price did 31.0%. However, during the same period their benchmark index did -4.7%. Check the numbers - it's true! During the launch of Smithson, back testing suggested it 'should' better the main fund - a tough task. So has. Also watch the new investment - Qualys inc.
mozy123: Never mentioned Nike before at an AGM. Mastercard, agree he likes it but portfolio already full with that industry. Starbucks - never mentioned that one, but the china comment made me think of it. Lukin coffee also had a fraud "glitch" haha!! Clorox - he started buying, but then covid hit and the share price ran away, and so wasnt able to buy for the fund a full position. Hes often said that if he cant buy a full position then it will be sold. In any event a nice trade, and no his strat hasnt changed, he just couldnt buy any more due to price. Nike and Starbucks are class companies.
hectorscrackhouse: Main fund: ""During the month we sold our position in Clorox, the US producer of household, cleaning and personal care products, whose share price has performed strongly since purchase due to the current crisis, which has produced other investment opportunities we wish to take advantage of. The top 5 contributors in the month were Paypal, Microsoft, Facebook, Stryker and Intuit. The top 5 detractors were Amadeus, an as yet undisclosed new position, Waters, Intertek and Clorox."" Well, he bought Church and Dwight last year and sold it after a couple of months to buy Clorox and now he has binned Clorox after 6/12 or so. Bit of churn going on Terry. Meanwhile Clorox continues to rocket in the current crisis. Bit weird. No mention of the two new holdings yet.
basstrend: Yes the SSON share price got clobbered, along with the global markets in general. This is down to general panic and hysteria over the coronavirus of course. Some might argue that some stocks were getting a 'bit toppy' too so maybe some form of correction was due at some point. I'm not sure about that. I hold six investment trusts in my SIPP, including SSON and they all took a severe bashing last week. In just one week the average drop was 17%, which is quite a bit higher than the global markets dropped in the last week. Not sure I understand why ITs suffered worse (other than travel related stocks) compared to other stocks and indices.. Anyway, here's the drop I observed on the 6 trusts mentioned above, in the last 5 market days only - 18.95% ATT - Allianz Technology Trust 18.28% THRG - BlackRock Throgmorton Trust 18.85% MNL - Manchester & London Inv Trust 14.86% PCT - Polar Capital Trust 13.69% SMT - Scottish Mortgage Trust 17.39% SSON - Smithson Inv Trust NB the average 5 day drop across these 6 IT's is: 17% - quite shocking really!
Smithson Investment share price data is direct from the London Stock Exchange
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