Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Can an automated BOT charting thingy actually analyse an investment trust, which is a very different beast to analysing the financial fundamentals of a "normal" business, where you can compare one business to another, like bank to bank?
I am not sure it can. Thoughts?
Just read this. Thought it may be of interest.
https://www.cnbc.com/2024/03/27/moderna-moves-three-vaccines-into-final-stage-trials.html
@Stocksr you need to figure that out, based on your investment strategy (portfolio mix and time frames), risk tolerance etc.
HERE for long haul? THEN perhaps buying makes sense, though I wouldn’t trust anything a newspaper tells you lol.
@AndyEss..hindsight makes investing decisions so easy…unfortunately the great majority of us don’t have foresight. Luck and hope don’t make for great investing strategies. Personally prefer mass of money in broad indexes and a smaller percentage in riskier efforts: 15% each in L.SMT & EQQ (rest VUAG & global all cap)
@Steeplejack..Is there anything of interest that hasn't been reported elsewhere?
Not performing well bla bla bla
NAV gap bla bla bla
30% PE bla bla bla
Leadership team sticking to the investment strategy bla bla bla
@Welp...re "Despite the comments I have empathy to those who have lost out at a time that they cannot afford to.".
Me too, yet at the same, my sense is that if you cannot afford to lose and/or support a large drop then your buying / risk appetite is out of sync with your personal needs.
Perhaps people commiserating the drop should be in far less risky assets. As SMT is pretty up there in terms of risk (IMHO), more so recently with up to 30% as private equity. Certainly not for the faint-hearted.
@Lordsloadoflolly re " I suspect the "fundamental flaw" is that oogleflugal bought closer to SMT's 2021 price peak and is now regretting it."...that is always a risk, but everyone should be looking at the long game. This is not Reddit's WallStreetBets. Personally threw £100k into SMT and currently down £8.7k. Pretty sure it will rise and I am in complete agreement with the aims of the fund and happyish with the portfolio balance.
@oogleflugal you state "They are an utter disgrace across the board in every sector"
Can you detail how you came to this conclusion? I am curious as to what you see as the fundamental flaws?
@Walp....Re rebalancing into FundSmith..No crystal ball I am afraid, only time will tell on topics of China, Monopolies etc. As long as these are not the signifiant holdings for you, then you "should" be fine. Personally see ATT as a reasonable investment, as is FundSmith IF both are for the long term.
Personally have SMT as 15% of portfolio and EQQQ (Nasdaq 100) as another 15%.. Rest is S&P500 and FTSE Global All Cap
@Walp...
For info on open ended funds see: https://www.investopedia.com/terms/o/open-endfund.asp
> Accumulation means the fund reinvests the dividends from companies back into the fund.
> Income means that the dividends get sent to your investment account and then you can reinvest them or withdraw the money.
@lordloads of lolly…personal portfolio is 15% SMT, 15% EQQQ, 40% vanguard Global All Cap, 30% VUSA. (Portfolio value £650k)
Currently 51 and semi-retired…will pull on All Cap & Vusa sooner and EQQQ and SMT are my 15+ year plays.
Article of removed Link:
"Aug 17 (Reuters) - Elon Musk-owned SpaceX's surging revenue helped it turn a small profit in the first quarter of 2023 after two annual losses, the Wall Street Journal reported on Thursday, citing documents.
The company generated $55 million in profit on $1.5 billion in revenue during the January-to-March period, according to the report.
SpaceX did not immediately respond to a Reuters request for comment.
The space company, which was founded more than two decades ago, was valued at roughly $150 billion at a recent employee stock sale, putting its valuation on par with that of Intel (INTC.O) or Walt Disney (DIS.N), the Journal reported."