Scottish Mortgage

tenchy

Scottish Mortgage, anyone thinking of buying, now that it's tanked big time?

Thrugelmir

Never considered tanking to be reason to buy a stock. Only trading at a marginal discount to the purported NAV. No bargain. 

ChilliBob

Pension craft guy talks about this a fair few times in his weekly Q&A sessions. His view is its still not cheap or an amazing bargain. I think at the last session he said it had a z score of - 1.5.

Having said that, it's a lot cheaper than when I purchased! 

adindas

tenchy said:

Scottish Mortgage, anyone thinking of buying, now that it's tanked big time?

I did. I have started my Dripfeeding Engine again. The current price is GBX 873.7, estimated NAV Value is GBX895

Altman Z-Score is not financial score but bankruptcy. Score for financial health is Piotroski F-Score.

The next strong support level on daily chart is around GBX835. But you have got to be lucky if you could catch this.

Thrugelmir

ChilliBob said:

Having said that, it's a lot cheaper than when I purchased! 

The value of the unlisted portfolio has been written down by a considerable amount which accounts for much of the decline in the NAV. More revisions to follow but the impact will be fairly minimal in comparison.