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Scottish Mortgage

tenchy
tenchy Posts: 486 Forumite
Part of the Furniture 100 Posts
in Savings & investments
Scottish Mortgage, anyone thinking of buying, now that it's tanked big time?

Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Never considered tanking to be reason to buy a stock. Only trading at a marginal discount to the purported NAV. No bargain. 
  • ChilliBob
    ChilliBob Posts: 2,417 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    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
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 14 March 2022 at 8:44AM
    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
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 14 March 2022 at 9:53AM
    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.  
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