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Stocksr - Waiting for it to drop to 700p might be a stretch, given we're most likely at peak rates in the US which influences this IT.
I know I sound hypocritical, but if you're thinking of getting in, now might be a good time to enter. A bit here a bit there. By say 10% of your target this week.....Wait another 2 weeks and buy another 10% if it drops say 3%...and so on.
Your last post had "buy", this one "hold". Presume you have changed your mind and now feel a little more bullish? :)
Sitting on the fence since this hasn't reached my sell target........We're getting close to interest rate cuts (2H24), so there's a likelihood underlying holdings will gravitate upwards. But not massively for the next 2 years.
MRNA - is still a 2026 story with COVID revs dragging it down. Wish they'd come clean regarding the RSV efficacy.
Mercado Libre - results were a pain, but should find support unless the Brazil tax thing becomes a regular event.
ASML and NVDA are riding high, but that in itself entails a bubble. The AI/ML build out will pause at some point, and inventory build up will be a sign of a big dip.
TSLA - they're seeing increased signs of competition in all markets. They're cars are way too expensive for retail customers. Recent numbers confirmed my opinion that a very large proportion of their sales are lease buyers (company car.)
Amazon is stable - their AWS service is dominant along with MSFT Azure (Surprised SMT doesn't hold MSFT)
SpaceX is a promising hold. I think they need to IPO due to the need to raise funds and the thing will go gangbusters like TSLA did.
In summary, I don't see the trust price dropping to 700p again, since interest rate rises are largely done (please inflation fall to 2%!!!). But in terms of a catalyst to see a 50% rise from here over 24 months? No. Steady 5% avg growth per annum for the next 2 years
SMT is a huge IT with a history. When it falls, people love to point that out. The media will jump on it just like Woodford.
SMT needs to get out of th limelight and just trade without bias.
This year as has been pointed out, interest rate cut in the US will nudge the individual holdings up (prob 2H24), and that will raise the NAV. What the SP will do is anyone's guess since the discount isn't maintained on an absolute basis.
Whilst I have done exactly what you said, One day I'll lose.
The SP might drop the amount of the dividend, but then factor in SD and Commission either side, and it may not be worth it.
All it takes is the announcement of a special dividend and you miss.
Wow! 4% Dropped a bit since I looked last year. I was seeing rates around 6% albeit 15years +
I haven't got any spare cash.
Are they trading at par or just over? That eats into your total gain.
I had thought gilts are tax free but its only their capital gain, not the coupon payment.
Cowen raising doubts over some data they've seen regarding MRNA's RSV vaccine sustainability.
Down 7pc yesterday and another 7% today.
Not sure how they saw the data without MRNA commenting on it first...publication at conference or leak? That's kinda a biggy to have effectiveness wane quicker than approved GSK and PFE ones.
I'd love to buy MRNA if it reaches $60,
Sidi & Robleo - My preference is to sell half of LGEN and MNG a day before ex-div. Managed to capture an annual dividend after each of the interim and final ex-div dates over the last 4 years, before commission and stamp duty.
I'll get it wrong one year.
pokerchips - agreed with that. there's a lot of commentary about how well the indian economy has performed, but perhaps the best is behind it and it too late now.
political uncertainty in india is another risk. how they side with russia or the west their angst against china and ****stan make for a volatile situation which could happen over a weekend, and then you're in waiting anxiously.
no region is immune, but as you correctly state, a lot of expected performance priced in.
Https://www.telegraph.co.uk/money/investing/what-happened-scottish-mortgage-investors-nurse-losses/
Love the comment:
"“Some investments will work, and some won’t,” said Mr Burns. “I feel far worse about the really successful private companies that we didn’t own than I do about the few that we had and that didn’t work out.”" - Huh?