SMT recent performance

DireEmblem

You need to be aware that the price fluctuates away from the NAV based on speculation and demand.

Thrugelmir

DireEmblem said:

You need to be aware that the price fluctuates away from the NAV based on speculation and demand.

When the portfolio contains unquoted stocks. The true actual NAV at any point time is subjective. Other than at published defined valuation points such as for financial reporting. 

csgohan4

Thrugelmir said:

DireEmblem said:

You need to be aware that the price fluctuates away from the NAV based on speculation and demand.

When the portfolio contains unquoted stocks. The true actual NAV at any point time is subjective. Other than at published defined valuation points such as for financial reporting. 

is that why it's not on the up as many predicted with the S+P for tesla?

Thrugelmir

csgohan4 said:

Thrugelmir said:

DireEmblem said:

You need to be aware that the price fluctuates away from the NAV based on speculation and demand.

When the portfolio contains unquoted stocks. The true actual NAV at any point time is subjective. Other than at published defined valuation points such as for financial reporting. 

is that why it's not on the up as many predicted with the S+P for tesla?

Perhaps some people are selling down their holdings. When companies are flagged for promotion, e.g. into the FTSE100. This is often already priced in well beforehand. As investors know that the major fund managers have no choice but to buy the stock in order to meet their target allocations. With Tesla it was always only a question of when not if. As it's free float market capitalisation is simply so great.  Normally stocks enter in the lower echelons of an index. Not straight in at around no 10 (of 500). 

Ciprico

Thrugelmir said:

csgohan4 said:

Thrugelmir said:

DireEmblem said:

You need to be aware that the price fluctuates away from the NAV based on speculation and demand.

When the portfolio contains unquoted stocks. The true actual NAV at any point time is subjective. Other than at published defined valuation points such as for financial reporting. 

is that why it's not on the up as many predicted with the S+P for tesla?

Perhaps some people are selling down their holdings. When companies are flagged for promotion, e.g. into the FTSE100. This is often already priced in well beforehand. As investors know that the major fund managers have no choice but to buy the stock in order to meet their target allocations. With Tesla it was always only a question of when not if. As it's free float market capitalisation is simply so great.  Normally stocks enter in the lower echelons of an index. Not straight in at around no 10 (of 500). 

Already priced into SMT, but not already priced into Tesla itself....? Must be more to it...

Thrugelmir

SMT interim report published today. 123mat123 said:

Thrugelmir said:

csgohan4 said:

Thrugelmir said:

DireEmblem said:

You need to be aware that the price fluctuates away from the NAV based on speculation and demand.

When the portfolio contains unquoted stocks. The true actual NAV at any point time is subjective. Other than at published defined valuation points such as for financial reporting. 

is that why it's not on the up as many predicted with the S+P for tesla?

Perhaps some people are selling down their holdings. When companies are flagged for promotion, e.g. into the FTSE100. This is often already priced in well beforehand. As investors know that the major fund managers have no choice but to buy the stock in order to meet their target allocations. With Tesla it was always only a question of when not if. As it's free float market capitalisation is simply so great.  Normally stocks enter in the lower echelons of an index. Not straight in at around no 10 (of 500). 

Already priced into SMT, but not already priced into Tesla itself....? Must be more to it...

By selling down I was referring to SMT not Tesla. Hence the neutral share price.