Lindsell Train Share Price (LTI)

Well I'm out with a 10% loss. With the reduced dividend, can see the price falling further to below £5 to get the yield to at least 5.5%. However, given my track record, the shares will rise now, so thank me later.

I would probably feel like you had I not suffered a 50% loss. I’ve held on hoping for improvement but alas no good news. The blocker is the performance of LT fund management.

NasCan/ chpmpg

Indeed! I like the way you're thinking. That's completely changed the way I was looking at this - thank you guys!

Buying a basket of blue chips - with a "premium" asset management boutique with a decent, if declining, yield thrown in for free :-)

In fact, whats not to like? Lets hope some PE wants it.

Or I just sit on a blue chip portfolio and collect the div (recognizing it will likely get smaller).

Yes my maths is that 20% of the value of Lindsell Train is discounted to £nil worst case scenario (despite it earning 7-8% yield!).

The rest are all massive blue chip co's - very liquid to sell in an open market. Hence downside risk is nil. As people rotate away from AI these holdings will all come back and beat the index.

Interestingly a 20% discount equal to writing down the holding in Lindsell train Limited to zero. Think the rest of the assets could be readily sold on liquidation. Its a very concentrated portfolio where too many of the holdings have had a pretty poor last five years. But might be getting time to jump on. Diageo and co might have hit the bottom now.

Holdings (in Jan):

Lindsell Train Limited 19.8

WS Lindsell Train North American Eq Acc 13.4

London Stock Exchange Group PLC 12.1

Nintendo Co Ltd 11.6

RELX PLC 6.0

Unilever PLC 5.6

Diageo PLC 4.6

AG Barr PLC 4.3

Mondelez International Inc Class A 3.4

Thermo Fisher Scientific Inc 3.3