devonplay
27 Jun 2019
PCT at Mello Trusts and Funds Good stuff. I enjoy watching Ben’s presentations. DL
piw
27 Jun 2019
PCT at Mello Trusts and Funds Polar Capital Technology Trust at Mello Trusts & Funds Interesting presentation by Ben Rogoff, CIO piworld.co.uk Polar Capital Technology Trust (PCT) presentation at Mello Trusts & Funds May... Polar Capital Technology Trust (PCT) By Ben Rogoff, Investment Director, Technology Introduction - 00:18 The team - 01
7 Investment framework - 02:32 Thematic The market, investing criteria, and
devonplay
29 Oct 2018
Red Hat IBM’s $33 billion purchase of Red Hat Inc. – the world’s second-largest technology deal ever – is aimed at catapulting the company into the ranks of the top cloud software competitors. I seem to remeber PCT has 1% of it’s assets in Red Hat. As a Linux user, guess it intrests me. [link]
devonplay
30 Jul 2018
Polar Capital Technology another good year? This could be the moment to unload Fang stocks, but as far as PCT is concerned I’m not doing anything. Not convinced this is the time to sell or buy. Just published article from HL [link] DL
marktime1231
11 May 2018
Value and growth my review of growth trusts detected a rare moment where PCT is emerging from a 6-month stall in NAV progress, articles saying tech growth stocks will not continue to deliver amazing progress keep getting it wrong, concerns over Facebook evaporating, and the sp has lagged to a 4%+ discount. Tech is not a bubble, it is the market.PCT has been missing from my portfolio, glad to correct.Took a good chunk at 1220p today expecting a quick return.
Hardboy
26 Mar 2018
Facebook Is their 4th biggest holding - just over 5% & reducing fast I imagine even if they aren't selling.
sage in the hills
17 Nov 2017
Tesla Which stocks are in focus?Shares of Tesla Inc.(TSLA) rose 3.5% ahead of the bell after electric-vehicle company Thursday night launched a semi-autonomous electric big rig ([link] which chief executive Elon Musk promised will deliver huge cost efficiencies. Tesla also added a surprise to the event on Thursday, unveiling a new version of the Roadster ([link] company J.B. Hunt Transport Services Inc.(JBHT) said Friday it has made reservations to buy "multiple" Tesla Semi trucks ([link]
sage in the hills
17 Nov 2017
Baidu, ...and others, new product areas China's Baidu Enters 'Smart-Home' Arena -- WSJ17/11/2017 82amDow Jones NewsAmazon (NASDAQ:AMZN)Intraday Stock ChartToday : Friday 17 November 2017Click Here for more Amazon Charts.Alyssa Abkowitz This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (November 17, 2017).BEIJING -- In its push into artificial-intelligence technologies, Chinese internet giant Baidu Inc. is entering the market for "smart home" products with an intelligent speaker and a personal robot.The company, which is best known as China's leading search engine, announced at its annual Baidu World conference on Thursday that it will begin selling two home assistants -- similar to Amazon.com Inc.'s Echo -- that can execute commands such as playing songs or videos using voice recognition.With its core search business reaching maturity, Baidu is looking to use its AI capabilities in new enterprises. Last year, a medical scandal cut into its advertising revenue and led to a management shuffle.The company's Raven line of smart-home products, which will be sold in the Chinese market to start, is seen as a way to generate short-term revenue gains while more ambitious ventures such as driverless cars are being developed.While Amazon and Alphabet Inc.'s Google have established a market in the U.S. for smart-home devices, China's tech firms are just now fielding such products. Earlier this year, Alibaba Group Holding Ltd. launched the Tmall Genie, a voice-assistant controlled speaker, and Tencent Holdings Ltd. announced a similar product called Xiaowei. Smartphone maker Xiaomi Corp.'s entry costs less than $50 and includes audiobooks and radio as content.While the market for smart speakers in China is still unknown, analysts say many companies are jumping in to gain consumer data. ordering merchandise or choosing songs online, users give device companies a wealth of data that can be used to offer additional products and services, said Kitty Fok, China managing director at consulting firm IDC.Baidu's Raven H can hail a taxi, play a song or search for information on the company's search engine. The second product, Raven R, is a stationary robot that provides similar functions as the Raven H, but can also move on an axis, allowing it to dance along to music.Unlike other smart speakers that are controlled only by voice, Raven H has a base with a detachable touch screen, allowing a user to move about the home and control the device directly. It will be available next month for 1,699 yuan ($257).Baidu didn't announce the price for the Raven R, which will be available next spring along with a third smart-home product, the Raven Q.Write to Alyssa Abkowitz at [email protected] (END) Dow Jones NewswiresNovember 17, 2017 02:47 ET (07:47 GMT)Copyright (c) 2017 Dow Jones & Company, Inc.SAGE
sage in the hills
15 Nov 2017
Massive net profit rise at Tencent Tencent Third-Quarter Net Profit Rises Nearly 70%, Beating Estimates -- 2nd Update15/11/2017 3:21pmDow Jones NewsTencent Holding Ltd. (PC) (USOTC:TCEHY)Intraday Stock ChartToday : Wednesday 15 November 2017Click Here for more Tencent Holding Ltd. (PC) Charts.Alyssa Abkowitz in Beijing and Chester Yung in Hong Kong Chinese internet giant Tencent Holdings Ltd. continued its winning streak, reporting earnings that rose nearly 70% from a year earlier, driven by growth in mobile-gaming and advertising sales, particularly on the company's video-streaming platform.Shares of the Shenzhen, China-based company have more than doubled since Jan. 1, raising its market capitalization to nearly $466 billion. Tencent also made headlines last week when it bought a 12% stake in U.S. social media company Snap Inc., becoming one of its largest shareholders.On a conference call with investors Wednesday, Tencent President Martin Lau said the company saw an opportunity to acquire Snap shares at "a pretty attractive price" and said Tencent may look to do "something more strategic with them" in the future.Profits handily beat Wall Street's expectations, reaching 18 billion yuan ($2.71 billion) from 10.6 billion yuan a year earlier. Revenues climbed 61% to 65.2 billion yuan from 40.3 billion yuan. The company reported after the close of trading in Hong Kong Wednesday, where shares closed down 1.3%.Heavy spending on video content is starting to pay off for Tencent, which at the end of September was the No. 1 video-streaming service in paid subscriptions, according to data firm App Annie. Tencent now has more than 43 million paying subscribers, up from 20 million in November 2016.The company also said revenues from video advertising grew 70% from the year-earlier period, which helped contribute to overall online advertising revenue increasing 48% from the year-ago period."While the video sector as a whole is still making losses, we will continue to invest in the long run," Mr. Lau said, adding that video is an important component of the firm's cross-media strategy.Video-streaming is a hotly contested area for Tencent and its other tech rivals, Alibaba Group Holding Ltd. and Baidu Inc. Tencent and Baidu, particularly, have been going back and forth to woo paid subscribers with a mix of exclusive and licensed content. Mr. Lau said Tencent had made headway in expanding its young female user base in drama, the most popular genre, and in scheduling programming to optimize viewership.The bulk of Tencent's revenues continued to come from games. Smartphone gaming revenues rose 84% from a year earlier, anchored by smash hit battle game "Honor of Kings."The company's messaging, mobile-payment and social-media platform, WeChat, which is the most popular app in China, reached 980 million users at the end up September, up 16% from a year earlier.Its other businesses, including mobile payments and cloud services, recorded revenue growth of 143% from the year-ago period. The company said payment volume from mobile payments in brick-and-mortar stores rose 280%.Mr. Lau said overseas growth of WeChat Pay will be serving Chinese tourists, and that globally, the company is pursuing a "partnership strategy" with local players instead of competing with them.On the heels of Tencent's successful spinoff of its online publishing business, China Literature Ltd., Tencent executives noted that as investee companies reach maturity, the company will look to make them go public but that homegrown businesses make more sense to "stay together so they can reinforce each other."Write to Alyssa Abkowitz at [email protected] and Chester Yung at [email protected] (END) Dow Jones NewswiresNovember 15, 2017 106 ET (156 GMT)Copyright (c) 2017 Dow Jones & Company, Inc.SAGE
II Editor
06 Jul 2017
NEW ARTICLE: The 'old' tech shares still worth buying "The technology sector has significantly outperformed global stockmarkets over one, three, five and 10 years, beating the MSCI World index every time. That's largely the result of strong contributions from the so-called FAANG stocks: ..."[link]
Johandesilva
01 Jul 2017
Re: Reduced weighting I wish I bought those 6.61 from you IOMINVESTCOM
II Editor
15 Sep 2016
NEW ARTICLE: Fund opportunities in a low interest rate market " Central banks, with the agreement of politicians around the world, are creating and devaluing money at an astonishing rate as they lend money to banks, financial institutions and big businesses at, or close to, negative interest rates.They do ..."[link]
IOMINVESTCOM
11 Jul 2016
Re: Reduced weighting Reduce some more at 6.61 with 108% profit
IOMINVESTCOM
08 Jul 2016
Re: Reduced weighting Sold some more from same purchase at 6.48 so 103% profit.
IOMINVESTCOM
25 Nov 2015
Reduced weighting Hi All,Decided to reduce weighting in these and take advantage of the strong share price at 6.25 today.Banked 96% gain from purchases made August 2011 around 3.10 - 3.11 so quite happy to bank some profit. Will continue to hold remaining and re-purchase in any general slide.Maybe also reduce on another account if it continues higher.GLTA
