Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Watched this on you tube giving a 10 year price target in 2033, the target is $3,667.
https://www.youtube.com/watch?v=K0afTFPK1fM&t=676s
Looks very positive not sure why the SP has dropped I'm very happy.
(Sharecast News) - Bakery chain Greggs backed its full-year guidance on Tuesday as it posted a jump in first-half profit and sales.
In the 26 weeks to 1 July, pre-tax profit rose to £80m from £55.8m in the same period a year earlier, on sales of £844m, up from £694.5m.
The company declared a dividend per share of 16p, up 7%.
Chief executive Roisin Currie said: "Greggs' strong performance continued in the first half of 2023 as we deliver on our strategic growth plan. With consumers remaining under pressure, we continue to offer exceptional value, which is reflected in our performance and growing market share.
"Our ambitious plans for growth are on track and our amazing teams are committed to realising the opportunity to become a significantly larger, multi-channel business."
Thanks for keeping a close eye.
I have sold which is a real shame as I like the company but the politics and currency are having to much of a detrimental effect on the SP. Good luck all and thanks again for keeping me informed.
I cant understand why the SP is not upward moving when we have 5.2 % in TESLA and 4.2% in NVIDIA making up nearly 10% of the portfolio with massive gains.
Are we decreasing the positions as they rise ? I really hope we are not selling our winners.
SMT
1 MONTH -2.21%
6 MONTHS -7.48%
TESLA
1 MONTH: 28.59%
6 MONTHS: 146%
NVIDIA
1 MONTH: 8.28%
6 MONTHS: 187%
I really wish SMT had TESLA as its biggest position why we only have 5.2% after all the positive gains is worrying.
The share price has been very erratic from a
52 Week High 4,036.00 and a 52 Week Low 2,223.50
I hope your optimism comes correct but If we can just get to 3.000 would be a very nice target its been a erratic some boring or upward stability please.
Scottish Mortgage Trust has seen one of its non-executive directors step down after a disagreement over new board appointments and its policy of non-listed investments.
Amar Bhidé, a professor of business at Tufts University in Massachusetts and an SMT director since 2020, told the Financial Times he had clashed with chair Fiona McBain over the issues and felt he had no option but to leave.
“I’ve been very concerned about the share price performance and the discount, and trying to get people to understand that there is a structural reason for this,” he told the paper.
Scottish Mortgage, managed by Baillie Gifford, had been one the UK’s most successful trusts over the past decade as bets on technology companies such as Tesla, Amazon and Alibaba have paid off handsomely.
Over the past two years, however, the tide has turned as interest rates have risen and monetary conditions got tighter, with the share price down 55% from the 1,528p high of May 2021 and cutting its market value to £9.6bn.
Bhidé added that FTSE 100 member SMT had £3.4bn in unquoted businesses but its low fees and structure meant it lacked the “capabilities and governance clout to be able to monitor the illiquid investments on which there is little audited information in the public sphere".
Carrying on he added: “The fact that you’ve pulled it off for the last 10 years has been due to an utterly aberrant period in financial history. Don’t delude yourself that you can keep playing this game”.
Fiona McBain replied: “As chair of Scottish Mortgage, I have complete confidence that Scottish Mortgage’s board provides robust governance and oversight.
“Current topics such as short-term volatility, share price and private companies are discussed regularly with shareholders in various forums by the managers of Scottish Mortgage."
Even with the weakness recently, SMT’s share price has risen more than 300% over the past ten years but currently sits at a discount of almost 18% to the value of its underlying portfolio.
https://www.careys.co/projects/woodsmith-mine
Came across some pictures from Careys construction who are working at the Woodsmith Mine .
This is where Anglo America shows its true muscle Alien Metals is currently valued at 93% undervalued according to wall street bets.
I'm here like many others as previous Sirus Mineral shareholder who were bought out by AAL : I only ever lost money with the Sirus Mineral management since I reinvested in AAL they have doubled my investment.
So, welcome any Alien Metals shareholders now buy some ALL and watch small mining companies like Sirus and Alien grow.
I can only see more purchases on the horizon
Today I have had my shares sold with out my permission by Scottish Widows, can this be legal ? Thungela are not listed under Scottish widows as a result of being a share holder of Anglo America. I was enjoying the exposure and the fantastic results, cant believe they have been sold with out my permission they even had the cheek to charge me a £10 dealing fee.
Where is the info
Does anyone no the time of the vote ?
What I find so frustrating is the lack of news since the AAL offer was made
One of the reasons I invested was the information and the videos, now we have nothing: it’s like we where only privileged while we where being mugged.
I’ve joined sharesoc
Thanks for keeping me updated
Learner01
https://petition.parliament.uk/petitions/269824
Thanks for the link which I have now signed
Provide Sirius minerals with full Loan Guarantee from HM treasury.
8,931 signatures
Im still here and holding
It’s been a great lesson and one where I will make better decisions towards my future investments.
Famous quote:
I have made so many mistakes and learnt so much: I’m thinking of making some more.
What lessons are there for investors?
This is a shock for many investors. A star of the sector is having what has been described as a "dark and terrible moment".
Some will point to this case as proof that paying charges to a "star" fund manager to try to beat the market is a waste of time and that, instead, people should invest in a passive tracker fund.
Warren Buffett, the world's richest investor, in a letter he wrote to his wife advising her how to invest after his death, suggested putting almost everything into "a very low-cost S&P 500 index fund".
What I struggle to get my head round is WHY did HL put this in their top 50 flagship funds, this needs to be investigated by the FCA because I can not see any evidence for it being supported, it has not performed and lost people money in the meantime Woodford has picked up a wage only most can dream of and then gets recommended into a flagship fund how can this be.
BBC: The suspension of Mr Woodford's Equity Income fund has hit shares in fund platform Hargreaves Lansdown, which included the fund in its flagship list of share recommendations, Wealth 50.
Hargreaves removed the fund from its recommendation list on Monday, but investors have not responded positively.