Member Info for Highlander8219

I said earlier professor, I have holdings in other similar recovery/value stocks. The UK market is extremely 'risk' averse at the moment, unless you are a FTSE100 (even then) you better be able to show, profit, cash revenue, market share and growth.
This has been generally true of British investing for many years but its definitely heightened at the moment. Like I say I'm in here and fingers are crossed.

I've noticed with another of my recovery/value stocks that the market is very fussy, if there is a hint of sluggishness in market share or cash flow that could impact the SP negatively. I do remain broadly bullish here though, fingers crossed.

Inflation and Yields are well priced in now, no reason why this shouldn't sit around Nav area again, still decent discount.

They are worth as much as the PE sector value them at, Stripe, on the secondary market is valued at 115 billion.

May be totally wrong but maybe inflation results are already widely priced in. Markets beginning to accept Yields up to about 2% and are confident about Fed Yield controls going forward as has happend in Australia and about to in EU? Expect short term volatility though.

Jefff,
I'm new to SIG, reasons why i invested, second biggest in its field (competitor is getting bad press due to Grenfell), housebuilding/ green theme, already established in UK and Europe, money will be spent UK/European side on infustructure, pure value at this price and I would consider it a UK recovery stock in a portfolio.
Downside, rising costs may hamper profits if not managed, remains to be seen on the medium to long term that management has a grip of sector and all the usual other external factors such as further lockdowns, stock market melt downs etc.
On the whole upside to me outweighs the down.

Abba,
Woodford effect? Are you serious ?

Notice the NAV released at 1530hrs is still 1200ish, this is ridiculously discounted. May still be a bit bumpy as it takes its lead from the Nasdaq but it'll settle down, huge opportunity for new buyers to get on board and take the next journey with SMT. I've take a big hit here but 100% trust in the quality of the managers to take us onto the next level.

The tail off later in the day is clearly Nasqaq driven. It's going to be choppy for a while, still confident.

Oldsid,
Looks like Rathbones had a 5% holding and trimmed slightly to 4.98% as far as I can see, could be reading it wrong?
Not a big issue though if that's the case, lots of portfolios being repositioned by investment managers at the moment.

If you bought this morning, thats great work.

Yeah new share issue and panic selling due to Bitcoin madness and inflation fears. Emerging markets are still a safe bet this year. This will bounce back quickly, great opportunity to buy the dip

Jep,
I watched the recent webinar with Anderson and Slater. They made mention of looking at the Blockchain field, no direct mention of Crytpo. On blockchain they hadn't come across anything that 1. They trust and 2. Was going to be a viable investment.
Looks like we has one of the SMT bumps today, people forget what they are like, I remember the early days with Tesla! Trust the process, quality will always rise again.

Jep,
I agree exposure to commodities is going to be a key component for any portfolio going forward. I took a position in Glencore in December for that very reason. I'm still looking for the best way into some soft commodity stock. Interestingly, another BG fund PHI added a few miner and metals stocks to its holdings at the end of the year, these funds are so well managed. It would be interesting to see if or when SMT enter the world of crytocurrency, if they haven't already?
Oldsim,
Was it after hours trading? Never understood those dark arts!!

At 1651 someone bought 2.34 million worth of shares, at 295.......8 million..

I'm in here, I've got high hopes, given the digital infrastructure thats going to be needed. If well managed, the Trust seems to have seem real experience and insight into a niche area which goes a long way. This could be a real winner.

Hi Inferno,
I've held SMT and PHI since inception. Both stocks by the very nature of their investment style and holdings are prone to volatility that you may not expect with other Trusts, I've seen them all over the place over the years.
BG stock, spread over its portfolios, including BG US, has become behemoths of respective fields, Tesla, Tencent etc.
It's my view that the market is nearing a correction of some description, that will orginate in the US which will ripple out to the rest of the world like it almost always does. Money markets are dealing with huge liquidity and challenges on the horizon like inflation which raises the risk of interest rate hikes.
We are in for a bumpy ride, but fundamentaly the quality in most BG funds will protect it from any long term damage that may be coming down the road. As you know a 2.00% loss on any day with SMT in particular can be recovered in the matter of an hour of trading.

Difficult to say, minor pullback and general trading? It has been on the rampage the last few weeks.

Yes, anything under 300 is way undervalued, 350ish I would say.

Excellent news, reinvest the profits, reduce the exposure to the massive over valuation.