SMT Investment

BuildTheWall

Thrugelmir said:

BuildTheWall said:

DireEmblem said:

Its a great entry point for anyone who has confidence in its (imo) diverse tech portfolio as a long term hold.

If Disney managed to earn more from streaming than Netflix, would you call Disney a tech company?

Disney has the content. Ownership of the Star War and Marvel franchises for example was a shrewd investment. Adds adult product to the huge children's back catalogue. Enables a premium price to be charged for subscriptions.  

Meaningless point. Netflix also has content. Unless you are a media expert and have decided it’s content is worth zero. 

Thrugelmir

BuildTheWall said:

Thrugelmir said:

BuildTheWall said:

DireEmblem said:

Its a great entry point for anyone who has confidence in its (imo) diverse tech portfolio as a long term hold.

If Disney managed to earn more from streaming than Netflix, would you call Disney a tech company?

Disney has the content. Ownership of the Star War and Marvel franchises for example was a shrewd investment. Adds adult product to the huge children's back catalogue. Enables a premium price to be charged for subscriptions.  

Meaningless point. Netflix also has content. Unless you are a media expert and have decided it’s content is worth zero. 

Markets all have limitations. There's only so much paid for content that people will subscribe to once lockdown's are over.  There's Apple and Amazon in the game as well to name just two others. Disney has grown from nothing to 50% of Netflix's subscriber base in just one year. Expects to equal by 2024. 

coastline

BuildTheWall said:

coastline said:

There's something not right in the way all these tech-growth stocks have burst into life early 2020 and soared. 

Not offering advice but surely a companies fortunes can't change that much in a year ? 

Something must’ve happened in early 2020. Does anyone know?

Sarcasm aside, fundamental driver of a stock price is not past data, but the discounted value of future earnings. 

If you work for a big company or run a big business, it shouldn’t be surprising how much is being invested in technology since COVID. 

Also this is why a stock price shoots up when a political or regulatory event happens, though nothing has changed at ground level. 

Having said that, herd behaviour implies people tend to invest in what has gone up (think housing) rather than gone down, which leads to bubbles. 

It would have been far better to quote my full post instead of taken out of context. Leave that to the media and others. I said the fortunes of so many companies couldn't all change at the same time . There could well be hundreds out there with the same chart pattern going to the moon overnight. Yes we all know something happened early 2020 and it ain't very nice.
We are talking about stocks here that are up 100% - 200% and more. When you look at the likes of the Nasdaq it peaked around 10th of February and many since have followed a similar path downwards. That's not basics that's a game and I see in the last two days we have a reverse at play.
Regarding SMT I posted I wouldn't have bought under the present circumstances with so many stocks going off a cliff. Well done so far to the OP for buying at 950p. 
Just to illustrate chart patterns have a look at some of these. Not the same chart pattern yet in same sector. 2 in High Street retail and 2 banks.
NEXT | NXT - Stock Price | Live Quote | Historical Chart (tradingeconomics.com)
Marks & Spencer | MKS - Stock Price | Live Quote | Historical Chart (tradingeconomics.com)
Barclays | BARC - Stock Price | Live Quote | Historical Chart (tradingeconomics.com)
Lloyds Banking Group | LLOY - Stock Price | Live Quote | Historical Chart (tradingeconomics.com)
Edit: See Tesla is only up a touch at 20% today .

DireEmblem

BuildTheWall said:

DireEmblem said:

Its a great entry point for anyone who has confidence in its (imo) diverse tech portfolio as a long term hold.

I find it funny how people tend to tag some companies as “tech”. 

If VW sells more electric cars than Tesla, would you call VW a tech company?
If Disney managed to earn more from streaming than Netflix, would you call Disney a tech company?

In all fairness everyone is entitled to their opinion and it all depends on your own view.  If you take the trustnet breakdown, only 19% of this trusts portfolio is currently directly invested in technology specific stocks.  I perhaps define the 'tech' term more loosely, and could perhaps switch with the term 'progressive'.  I like to consider companies that show forward thinking by looking to use or push new technologies to drive a material proportion of future revenue and growth in any sector as 'tech/forward' looking.

We don't have to follow the traditional sense of the classification, just because someone tells us to do so.

If VW started developing and pushing more 'less traditional' cars - say hydrogen / electric / environmentally friendly vehicles / hover car anyone?, that starts to make a material proportion of their profits and growth, then I may perhaps consider them becoming potentially a more forward thinking technology company.  Currently they're not one of those driving forces.  Last year  less than 3% of their sales were modern electric vehicles.

Similar for Disney, you cant classify a company by a single revenue stream.  Its parks alone generate a third of its revenue.

Thrugelmir

DireEmblem said:

BuildTheWall said:

DireEmblem said:

Its a great entry point for anyone who has confidence in its (imo) diverse tech portfolio as a long term hold.

I find it funny how people tend to tag some companies as “tech”. 

If VW sells more electric cars than Tesla, would you call VW a tech company?
If Disney managed to earn more from streaming than Netflix, would you call Disney a tech company?

In all fairness everyone is entitled to their opinion and it all depends on your own view.  If you take the trustnet breakdown, only 19% of this trusts portfolio is currently directly invested in technology specific stocks.  I perhaps define the 'tech' term more loosely, and could perhaps switch with the term 'progressive'.  I like to consider companies that show forward thinking by looking to use or push new technologies to drive a material proportion of future revenue and growth in any sector as 'tech/forward' looking.

We don't have to follow the traditional sense of the classification, just because someone tells us to do so.

If VW started developing and pushing more 'less traditional' cars - say hydrogen / electric / environmentally friendly vehicles / hover car anyone?, that starts to make a material proportion of their profits and growth, then I may perhaps consider them becoming potentially a more forward thinking technology company.  Currently they're not one of those driving forces.  Last year  less than 3% of their sales were modern electric vehicles.

Similar for Disney, you cant classify a company by a single revenue stream.  Its parks alone generate a third of its revenue.

EV cars don't require tech as such. In China you can buy the Hong Guang Mini EV for just over £3,000.  The mass car volume market is where the real money will be made in the future. 

ice4mymice

New user of MSE forum - so apologies if I'm asking a question in the wrong place.
I hold shares in GW Pharma , these are paper - I want to convert to electronic shares and sell via an online broker. Any suggestions for what brokers are doing this. Hargreaves & Lansdown aren't doing at moment. Never sold shares before so any advice welcome.

Thrugelmir

ice4mymice said:

New user of MSE forum - so apologies if I'm asking a question in the wrong place.
I hold shares in GW Pharma , these are paper - I want to convert to electronic shares and sell via an online broker. Any suggestions for what brokers are doing this. Hargreaves & Lansdown aren't doing at moment. Never sold shares before so any advice welcome.

You'll need a stock broker such as Redmayne Bentley, Killick & Co , Charles Stanley to handle this for you.  The share certificate itself cannot be traded in the UK. Will need to be sent to the US. Might take some weeks to effect.

ice4mymice

Thanks Thrugelmir - this is v helpful!

C_Mababejive

I currently hold SMT with a 120% gain and im getting a little twitchy. The SP has only really taken off in the last two years presumably because of holdings in a few choice stock eg Tesla.

The drop in the SP of SMT seems to mirror the similar drops in Tesla SP. 

Maybe its time to take profits and regroup? Buy back in at a lower level?

BuildTheWall

C_Mababejive said:

I currently hold SMT with a 120% gain and im getting a little twitchy. The SP has only really taken off in the last two years presumably because of holdings in a few choice stock eg Tesla.

The drop in the SP of SMT seems to mirror the similar drops in Tesla SP. 

Maybe its time to take profits and regroup? Buy back in at a lower level?

Yep, sell it. 

We need more panic sellers so that long term buy and hold investors can benefit.