The Co-operative Bank of Kenya Limited (COOP.ke) 2003 Annual Report

first_imgThe Co-operative Bank of Kenya Limited (COOP.ke) listed on the Nairobi Securities Exchange under the Banking sector has released it’s 2003 annual report.For more information about The Co-operative Bank of Kenya Limited (COOP.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the The Co-operative Bank of Kenya Limited (COOP.ke) company page on AfricanFinancials.Document: The Co-operative Bank of Kenya Limited (COOP.ke)  2003 annual report.Company ProfileThe Co-Operative Bank of Kenya Limited is a financial services institution offering banking products and services for the retail banking and wholesale banking sectors in Kenya. Its full-service offering ranges from transactional banking products to access accounts, LPO financing, invoice discounting services, term loans, asset finance and letters of credit. The company also provides medical, motor, general, life, agriculture and micro-business insurance as well as treasury products, fixed income and money market products and money transfer services. The Co-Operative Bank of Kenya was founded in 1965 and its head office is in Nairobi, Kenya. The company is a subsidiary of Co-op Holdings Co-operative Society Limited. The Co-Operative Bank of Kenya Limited is listed on the Nairobi Securities Exchangelast_img read more

Engen Botswana Limited (ENGEN.bw) 2003 Annual Report

first_imgEngen Botswana Limited (ENGEN.bw) listed on the Botswana Stock Exchange under the Energy sector has released it’s 2003 annual report.For more information about Engen Botswana Limited (ENGEN.bw) reports, abridged reports, interim earnings results and earnings presentations, visit the Engen Botswana Limited (ENGEN.bw) company page on AfricanFinancials.Document: Engen Botswana Limited (ENGEN.bw)  2003 annual report.Company ProfileEngen Botswana Limited, listed on the Botswana Stock Exchange, is a petroleum company which markets and distributes fuel and lubricants through a network of retail outlets in Botswana. The company has a national footprint with approximately 1 500 service and filling stations located in the major towns and cities of Botswana, including 600 filling stations which have an onsite convenience shop. The company also has interests in property management and letting. Engen Botswana Limited is a subsidiary of Petroleum Investment Holdings Limited.last_img read more

Scoa Nigeria Plc (SCOA.ng) 2006 Annual Report

first_imgScoa Nigeria Plc (SCOA.ng) listed on the Nigerian Stock Exchange under the Engineering sector has released it’s 2006 annual report.For more information about Scoa Nigeria Plc (SCOA.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Scoa Nigeria Plc (SCOA.ng) company page on AfricanFinancials.Document: Scoa Nigeria Plc (SCOA.ng)  2006 annual report.Company ProfileScoa Nigeria Plc is a conglomerate company in Nigeria specialising in turnkey projects in the technology, infrastructure, farming, water engineering, food technologies and telecommunication sectors. Projects include the supply, construction, installation and maintenance of power generation and air-conditioning systems, home/office systems, security systems, electrical systems and fire prevention/industrial safety systems. Scoa Nigeria Plc distributes and services a range of passenger vehicles, trucks, buses and trailers and provides services for fleet management, trade-ins, vehicle leasing, providing drivers and service and repairs. Turnkey projects in the hospital and healthcare sector includes supplying and servicing hospital equipment and providing medical training services in the area of magnetic resonance, computed topography, cardiovascular, x-rays, radiography, ultrasound, nuclear medicine, radiation therapy and cardiac resuscitation. Scoa Nigeria Plc manages centres for physiotherapy and dentistry and a laboratory to diagnose and treat terminal illnesses and heart and neurological diseases. Scoa Nigeria Plc is a subsidiary of Fadoul Group. Its head office is in Lagos, Nigeria. Scoa Nigeria Plc is listed on the Nigerian Stock Exchangelast_img read more

Standard Alliance Insurance Plc (STDINS.ng) 2007 Abridged Report

first_imgStandard Alliance Insurance Plc (STDINS.ng) listed on the Nigerian Stock Exchange under the Insurance sector has released it’s 2007 abridged results.For more information about Standard Alliance Insurance Plc (STDINS.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Standard Alliance Insurance Plc (STDINS.ng) company page on AfricanFinancials.Document: Standard Alliance Insurance Plc (STDINS.ng)  2007 abridged results.Company ProfileStandard Alliance Insurance Plc is an insurance company in Nigeria offering general and risk insurance as well as life assurance and annuity products and services for corporate and high net-worth individuals. Home insurance products cover homeowners, burglary and housebreaking, fire and special perils, risk and computer/electronics insurance. Business insurance products include professional indemnity, consequential loss, goods-in-transit, machinery breakdown, public/product liability, contractors all-risk and fidelity guarantee insurance. Engineering insurance products cover erection and plant all-risks insurance. Special risk insurance covers boiler and pressure vessels, marine cargo and hull, oil and gas, aviation insurance, travel and compulsory insurance. Formerly known as Jubilee Insurance Company Limited, the company changed its name to Standard Alliance Insurance Plc in 1996. The company’s head office is in Lagos, Nigeria. Standard Alliance Insurance Plc is listed on the Nigerian Stock Exchangelast_img read more

Medical And Surgical Centre Limited (MASC.mu) HY2010 Interim Report

first_imgMedical And Surgical Centre Limited (MASC.mu) listed on the Stock Exchange of Mauritius under the Health sector has released it’s 2010 interim results for the half year.For more information about Medical And Surgical Centre Limited (MASC.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Medical And Surgical Centre Limited (MASC.mu) company page on AfricanFinancials.Document: Medical And Surgical Centre Limited (MASC.mu)  2010 interim results for the half year.Company ProfileMedical And Surgical Centre Limited deals within the Healthcare and Cafeteria segments where it operates hospitals in Mauritius. The company is a subsidiary of CIEL Healthcare Limited and operates hospitals under the Fortis Clinique Darné and Wellkin Hospital names, as well as runs a one day care centre under the FCD North name. Medical And Surgical Centre Limited is listed on the Stock Exchange of Mauritius.last_img read more

Ecobank Ghana Limited (EBG.gh) 2010 Annual Report

first_imgEcobank Ghana Limited (EBG.gh) listed on the Ghana Stock Exchange under the Banking sector has released it’s 2010 annual report.For more information about Ecobank Ghana Limited (EBG.gh) reports, abridged reports, interim earnings results and earnings presentations, visit the Ecobank Ghana Limited (EBG.gh) company page on AfricanFinancials.Document: Ecobank Ghana Limited (EBG.gh)  2010 annual report.Company ProfileEcobank Ghana Limited is a financial institution offering banking products and services for the consumer, commercial, corporate and investment sectors. The company provides banking solutions for government departments, financial institutions, multi-nationals, international organisations, small- and medium-sized enterprises and individuals. Ecobank Ghana Limited offers an extensive product offering; ranging from current and savings accounts to business accounts, term deposits, personal loans, mortgage loans, microfinance and business loans. Ecobank Ghana Limited also offers financial solutions for value-chain financing, short-term and mid-term finance and trade finance as well as investment banking, mergers and acquisitions, structure and project finance, capital market services, wealth and asset management, securities brokerage, custodial services and electronic banking services. Ecobank Ghana Limited is a subsidiary of Ecobank Transnational Incorporated. Its headquarters are in Acca, Ghana. Ecobank Ghana Limited is listed on the Ghana Stock Exchangelast_img read more

Sunbird Tourism Limited (SUNBRD.mw) 2010 Annual Report

first_imgSunbird Tourism Limited (SUNBRD.mw) listed on the Malawi Stock Exchange under the Tourism sector has released it’s 2010 annual report.For more information about Sunbird Tourism Limited (SUNBRD.mw) reports, abridged reports, interim earnings results and earnings presentations, visit the Sunbird Tourism Limited (SUNBRD.mw) company page on AfricanFinancials.Document: Sunbird Tourism Limited (SUNBRD.mw)  2010 annual report.Company ProfileSunbird Tourism Limited is the largest hospitality chain in Malawi with seven hotels and resorts located in premier destinations, providing upmarket accommodation for business and leisure travellers. Sunbird Hotels also have meeting and conference facilities, catering for corporate and private functions. Sunbird Tourism Limited has four city hotels in three regions in Malawi, two lakeside resorts on Lake Malawi and a safari resort which is home to the Big 5. Hotels and resorts in its portfolio include Sunbird Capital Hotel, Sunbird Mount Soche, Sunbird Nkopola Lodge, Sunbird Mzuzu, Sunbird Livingstonia Beach, Sunbird Ku Chawe on the Zomba Plateau, Sunbird Lilongwe and Sunbird Thawale in the Majete Game Reserve. Restaurants and bars managed by Sunbird Tourism Limited include Vincent’s Restaurant and Bar, Picasso’s Brasserie and Grill and Pablo’s Lounge Bar. Sunbird Tourism Limited also operates a catering service division operating in three segments: airline, institutional and event catering. Sunbird Tourism Limited is listed on the Malawi Stock Exchangelast_img read more

Guinea Insurance Plc (GUINEA.ng) 2011 Abridged Report

first_imgGuinea Insurance Plc (GUINEA.ng) listed on the Nigerian Stock Exchange under the Insurance sector has released it’s 2011 abridged results.For more information about Guinea Insurance Plc (GUINEA.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Guinea Insurance Plc (GUINEA.ng) company page on AfricanFinancials.Document: Guinea Insurance Plc (GUINEA.ng)  2011 abridged results.Company ProfileGuinea Insurance Plc is a composite insurance company in Nigeria offering products for life and pension, general business and special risks cover. The company is one of the most highly capitalised companies in the insurance industry in Nigeria. General Accident cover includes burglary and housebreaking, electronic theft and malfunctions, public liability, professional indemnity, personal/group accident, all risk insurance, goods-in-transit and health travel insurance. Fire and Special Perils cover includes industrial all risk, consequential loss, home owners and fire and special perils insurance. Engineering cover includes machinery breakdown, plant all risk, contractor all risk and erection all risk insurance. Guinea Insurance Plc’s head office is in Lagos, Nigeria. Guinea Insurance Plc is listed on the Nigerian Stock Exchangelast_img read more

Padenga Holdings Limited (PHL.zw) 2013 Annual Report

first_imgPadenga Holdings Limited (PHL.zw) listed on the Zimbabwe Stock Exchange under the Agricultural sector has released it’s 2013 annual report.For more information about Padenga Holdings Limited (PHL.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the Padenga Holdings Limited (PHL.zw) company page on AfricanFinancials.Document: Padenga Holdings Limited (PHL.zw)  2013 annual report.Company ProfilePadenga Holdings Limited is the leading supplier of crocodile skins and meat in Zimbabwe, accounting for nearly 85% of the global supply of Nile crocodile skins used for high-end luxury fashion brands. The company operates three crocodile breeding and production farms in Zimbabwe; Kariba Crocodile Farm, Ume Crocodile Farm and Nyanya Crocodile Farm. Each farm has the capacity to breed close to 15 000 hatchlings per year. Nile alligators are bred at Lone Star Alligator Farm in Texas, USA. Padenga Holdings Limited produces crocodile skin and meat products for consumption by the local market and for export to European and Asian markets. Padenga Holdings Limited is listed on the Zimbabwe Stock Exchangelast_img read more

The United Basalt Products Ltd (UBP.mu) Q32014 Interim Report

first_imgThe United Basalt Products Ltd (UBP.mu) listed on the Stock Exchange of Mauritius under the Building & Associated sector has released it’s 2014 interim results for the third quarter.For more information about The United Basalt Products Ltd (UBP.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the The United Basalt Products Ltd (UBP.mu) company page on AfricanFinancials.Document: The United Basalt Products Ltd (UBP.mu)  2014 interim results for the third quarter.Company ProfileThe United Basalt Products Limited operates in two segments which are building materials and agriculture, to manufacture, retail and sell building materials in Mauritius. The company’s core products include aggregates, rocksand, hollow concrete blocks, precast concrete slabs and ready-to-use dry mortars. The United Basalt Products Limited also provides various concrete building components, such as paving-blocks and roof tiles, imported floor and wall tiles, and sanitary ware as well as home building and decorating products, fittings, tools, and garden accessories. The Agriculture segment deals in the cultivation of sugarcane, plants and landscaping services. The United Basalt Products Limited is listed on the Stock Exchange of Mauritius.last_img read more

Republic Bank (Ghana) Limited (RBGH.gh) 2014 Abridged Report

first_imgRepublic Bank (Ghana) Limited (RBGH.gh) listed on the Ghana Stock Exchange under the Banking sector has released it’s 2014 abridged results.For more information about Republic Bank (Ghana) Limited (RBGH.gh) reports, abridged reports, interim earnings results and earnings presentations, visit the Republic Bank (Ghana) Limited (RBGH.gh) company page on AfricanFinancials.Document: Republic Bank (Ghana) Limited (RBGH.gh)  2014 abridged results.Company ProfileRepublic Bank (Ghana) Limited, formerly known as HFC Bank Limited, is a financial services institution in Ghana offering banking products and services for the investment, corporate, retail and mortgage sectors as well as solutions for asset management, property management and development services. The company is focused on 4 segments: consumer, mortgage, corporate and microfinance banking. Mortgage banking services include home equity, home purchase or improvement mortgages and public-sector home schemes. Investment banking services include asset management, financial advisory, brokerage and managed funds. The commercial division offers a full-service product and service offering including home, education, executive and business loans and foreign trade and document processing services. Private banking services include cash management, investment accounts, mortgage facilities and safe custody services. Republic Bank (Ghana) Limited also provides foreign currency, institutional finance and electronic and mobile banking services. Republic Bank (Ghana) Limited is a subsidiary of Republic Financial Holdings Limited. Republic Bank (Ghana) Limited is listed on the Ghana Stock Exchangelast_img read more

Mkombozi Commercial Bank Plc (MKCB.tz) 2014 Prospectus

first_imgMkombozi Commercial Bank Plc (MKCB.tz) listed on the Dar es Salaam Stock Exchange under the Banking sector has released it’s 2014 prospectus For more information about Mkombozi Commercial Bank Plc (MKCB.tz) reports, abridged reports, interim earnings results and earnings presentations, visit the Mkombozi Commercial Bank Plc (MKCB.tz) company page on AfricanFinancials.Document: Mkombozi Commercial Bank Plc (MKCB.tz)  2014 prospectus Company ProfileMkombozi Commercial Bank Plc (MKCB) is a commercial bank serving and supporting emerging businesses in Tanzania. The financial institution targets small and medium-sized entrepreneurs, SACCOS and social enterprises such as schools, universities and public enterprises. MKCB started as an initiative of the Tanzania Episcopal Conference in 2009 to address the need to provide financial solutions to start-up businesses aswell as institutional investors and government entities. MKCB has 6 branches in the major towns and cities of Tanzania and plans to extend its footprint to increase accessibility and financial inclusion in areas which cannot be handled by mobile banking. Mkombozi Commercial Bank Plc is listed on the Dar es Salaam Stock Exchangelast_img read more

Diamond Trust Bank of Kenya Limited (DTK.ke) Q12016 Interim Report

first_imgDiamond Trust Bank of Kenya Limited (DTK.ke) listed on the Nairobi Securities Exchange under the Banking sector has released it’s 2016 interim results for the first quarter.For more information about Diamond Trust Bank of Kenya Limited (DTK.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the Diamond Trust Bank of Kenya Limited (DTK.ke) company page on AfricanFinancials.Document: Diamond Trust Bank of Kenya Limited (DTK.ke)  2016 interim results for the first quarter.Company ProfileDiamond Trust Bank of Kenya Limited is a financial services and insurance group providing products and services to clients in Kenya, Tanzania, Uganda and Burundi. The company offers a diverse range of products for transactional banking as well as a full service offering for mortgages, asset financing and an insurance premium finance facility. Its treasury services include spot and forward foreign exchange transactions, cross currency swaps and deals, fixed income securities, corporate bonds, fixed income securities, structured treasury products and money market products. Its trade finance services include letters of credit, documentary and clean collections, negotiation of export bills, suppliers credit financing and bank guarantees. Formerly known as Diamond Trust of Kenya, the company changed its name to Diamond Trust Bank Kenya Limited in 1997. Its head office is based in Nairobi, Kenya. Diamond Trust Bank of Kenya Limited is listed on the Nairobi Securities Exchangelast_img read more

National Salt Company Nigeria Plc (NASCON.ng) HY2017 Interim Report

first_imgNational Salt Company Nigeria Plc (NASCON.ng) listed on the Nigerian Stock Exchange under the Food sector has released it’s 2017 interim results for the half year.For more information about National Salt Company Nigeria Plc (NASCON.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the National Salt Company Nigeria Plc (NASCON.ng) company page on AfricanFinancials.Document: National Salt Company Nigeria Plc (NASCON.ng)  2017 interim results for the half year.Company ProfileNational Salt Company Nigeria Plc (NASCON) manufactures and markets a range of edible salt for industrial use and iodine-fortified kitchen salt for domestic use in Nigeria. By-products from the salt refining process include fine (butter) salt used to make biscuits and confectionary products; and granulated kitchen salt and industrial salt. The company has factories located in Oregun, Apapa and Port Harcourt and installed capacity of 400 000 tonnes per annum for 25-50 kilogram bags of salt and 100 000 tonnes per annum for salt sachets. Salt products for domestic use are marketed under the brand name Annapurna and Dangote. Annapurna is a brand name owned by West Africa Popular Foods (WAPF) as a joint venture between the former NASCON and Unilever Nigeria Plc. The company was established in 1973 and formerly known as National Salt Company of Nigeria Plc. Its head office is in Lagos, Nigeria. National Salt Company Nigeria Plc is listed on the Nigerian Stock Exchangelast_img read more

MUCOBA Bank Plc (MUCOBA.tz) 2017 Abridged Report

first_imgMUCOBA Bank Plc (MUCOBA.tz) listed on the Dar es Salaam Stock Exchange under the Banking sector has released it’s 2017 abridged results.For more information about MUCOBA Bank Plc (MUCOBA.tz) reports, abridged reports, interim earnings results and earnings presentations, visit the MUCOBA Bank Plc (MUCOBA.tz) company page on AfricanFinancials.Document: MUCOBA Bank Plc (MUCOBA.tz)  2017 abridged results.Company ProfileMufindi Community Bank Plc (MuCoBa) offers financial products and services to residents of the Mufindi District and surrounding areas. It was the first community bank established in Tanzania and offers loans, savings accounts and other financial services to entrepreneurs, farmers and employees in Mufindi District. Formerly known as Mufindi Community Bank Limited, MuCoBa opened its doors in 1999. It was established to meet increased demand for financial services in the district assisted with the aid of a grant from a Belgium NGO, with the aim being to promote secondary education in the region. Mufindi District is an important economic hub in Tanzania which supports a strong farming community located along the Tanzam highway which passes through Mufindi and connects Dar es Salaam with Zambia and Malawi. MuCoBa services an impoverished community in a remote region who would otherwise have no or limited access to banking services. Mufindi Community Bank Plc is listed on the Dar es Salaam Stock Exchangelast_img read more

Innscor Africa Limited (INN.zw) HY2017 Interim Report

first_imgInnscor Africa Limited (INN.zw) listed on the Zimbabwe Stock Exchange under the Industrial holding sector has released it’s 2017 interim results for the half year.For more information about Innscor Africa Limited (INN.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the Innscor Africa Limited (INN.zw) company page on AfricanFinancials.Document: Innscor Africa Limited (INN.zw)  2017 interim results for the half year.Company ProfileInnscor Africa Limited manufactures and markets fast-moving and durable consumer products in Zimbabwe and exports to international markets. The company is primarily involved in maize milling and the production of stock feeds, edible oils, baker’s fat and pork products; as well as poultry, table eggs and day-old chicks. A subsidiary division manufactures and markets a range of plastic carry bags, televisions, refrigerators and other general household appliances and consumables such as rice, dairy, candles and beverages. Innscor Africa Limited was founded in 1987 and its operations comprise National Foods Holding Limited, Colcom Holdings Limited, Irvine’s Zimbabwe (Private) Limited, Bakeries, Appliance Manufacturing, Natpak (Private) Limited, Profeeds (Private) Limited and Probrands (Private) Limited. Innscor Africa Limited is listed on the Zimbabwe Stock Exchangelast_img read more

Limuru Tea PLC (LIMT.ke) HY2017 Interim Report

first_imgLimuru Tea PLC (LIMT.ke) listed on the Nairobi Securities Exchange under the Food sector has released it’s 2017 interim results for the half year.For more information about Limuru Tea PLC (LIMT.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the Limuru Tea PLC (LIMT.ke) company page on AfricanFinancials.Document: Limuru Tea PLC (LIMT.ke)  2017 interim results for the half year.Company ProfileLimuru Tea PLC (formerly Limuru Tea Company Limited) owns 275 hectares of tea plantations situated four kilometres to the east of Limuru Town. The Company is an outgrower to Unilever Tea Kenya Limited (UTKL), the largest private sector tea company in Kenya. UTKL acts as the Limuru Tea Company’s managing agent in the growing, manufacturing, sales and marketing of its tea. The Limuru Tea estate green leaf is manufactured in the nearby UTKL’s Mabroukie factory from where it is sold mainly for export. Limuru Tea PLC is listed on the Nairobi Securities Exchangelast_img read more

Sasini Limited (SASN.ke) 2018 Abridged Report

first_imgSasini Limited (SASN.ke) listed on the Nairobi Securities Exchange under the Food sector has released it’s 2018 abridged results.For more information about Sasini Limited (SASN.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the Sasini Limited (SASN.ke) company page on AfricanFinancials.Document: Sasini Limited (SASN.ke)  2018 abridged results.Company ProfileSasini Limited grows tea and coffee in Kenya and produces, stores and markets bulk tea and coffee for domestic consumption and export to Africa sub-regions. Through wholly-owned subsidiaries, Sasini Limited has interests in the tea, coffee, dairy, livestock, horticulture and tourism sectors in Kenya. Bulk tea produced by Sasini Limited is sold through the Mombasa auction or direct sales to export customers. Tea farms are in the Highlands West of the Rift Valley in Sotik. Bulk coffee is grown on eight independent estates in the Central Highland of Kenya and processed at its own pulping and wet processing facility. Sasini Limited has a coffee mill at Kamundu Coffee Estate which has a daily capacity to mill about 4 800 bags of clean coffee. Aristocrats Tea and Coffee is the exporting arm of Sasini Limited and exports milled coffee to international blending houses and roasters. Loose and tea bag products for the domestic market are sold under the brand names Sasini Gold, Sasini Chai and Sasini Premium. Coffee products for domestic consumption are sold under the brand name Kahawa Bamba and Sasini Instant Coffee. Sasini Limited maintains a herd of Holstein Friesian cattle and produces a range of yoghurt and pasteurised milk. Sasini Limited is listed on the Nairobi Securities Exchangelast_img read more

Transnational Corporation of Nigeria PLC (TRANSC.ng) 2019 Annual Report

first_imgTransnational Corporation of Nigeria PLC (TRANSC.ng) listed on the Nigerian Stock Exchange under the Industrial holding sector has released it’s 2019 annual report.For more information about Transnational Corporation of Nigeria PLC (TRANSC.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Transnational Corporation of Nigeria PLC (TRANSC.ng) company page on AfricanFinancials.Document: Transnational Corporation of Nigeria PLC (TRANSC.ng)  2019 annual report.Company ProfileTransnational Corporation of Nigeria Plc is a diversified conglomerate with business interests in the power generation, hospitality, agriculture and oil and gas sectors. It owns and operates Transcorp Hilton Hotel in Abuja and Transcorp Hotel in Calabar. In the agriculture sector, the company produces orange and pineapple concentrates, mango puree and orange peel oil. It also grows food crops and fodder crops. In the energy sector, the company is involved in upstream petroleum development and has interests in exploring, refining and marketing oil and gas. Other business interests include generating electric power; maritime operations and supplying products for the mining and construction sectors which includes stone, sand, lime and iron. Transnational Corporation of Nigeria Plc’s head office is in Lagos, Nigeria. Transnational Corporation of Nigeria Plc is listed on the Nigerian Stock Exchangelast_img read more

Willdale Limited (WILD.zw) Q32019 Interim Report

first_imgWilldale Limited (WILD.zw) listed on the Zimbabwe Stock Exchange under the Building & Associated sector has released it’s 2019 interim results for the third quarter.For more information about Willdale Limited (WILD.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the Willdale Limited (WILD.zw) company page on AfricanFinancials.Document: Willdale Limited (WILD.zw)  2019 interim results for the third quarter.Company ProfileWilldale Limited manufactures and markets a range of clay brick products for the Zimbabwe building and construction sector. Its clay brick range includes face brick, semi-face brick, common brick and paving bricks for walkways, patios, swimming pool surrounds and garden landscaping. The bricks are either manufactured with a rustic, smooth or brushed finish. Willdale Limited has a range which includes economy plaster, special ground solutions and decorative building products which include window sills, faggots and klompies. The company was listed on the Zimbabwe Stock Exchange in 2003 after a demerger from Mashonaland Holdings Limited and is the only brick company listed on the ZSE. Willdale Limited is listed on the Zimbabwe Stock Exchangelast_img read more

A FTSE 250 dividend stock I’d definitely steer clear of right now

first_imgHowever, the short situation now looks even worse. According to shorttracker.co.uk, Cineworld is currently the second most shorted stock with 13.6% of its shares being shorted. In other words, the hedgies have upped their stake, despite the fact that the share price has fallen recently. That’s not good.So, what could it be that the hedge funds don’t like here?Hedge funds smell bloodWell for starters, the group issued a disappointing trading update in December. Describing the backdrop as “challenging”, the company reported a 9.7% decline in total revenue (and a 12.8% decline in box office revenue) for the period 1 January 2019 to 1 December. It also advised that revenue for the full year is expected to be slightly below the company’s expectations.Growing debt pileSecond, Cineworld recently announced the acquisition of Canada’s Cineplex for $2.1bn. Now, the FTSE 250 company already had a large chunk of debt on its balance sheet. Recent half-year results showed a net debt-to-adjusted EBITDA ratio (a measure of a company’s ability to pay off its debt) of 3.3 times, which is high. This acquisition, which will be debt-funded, will further increase its leverage. That’s not ideal, particularly when you consider that we are late in the economic cycle. A high level of debt means the company could be extremely vulnerable in the event of a recession.Netflix threatFinally, there’s the competition that cinema operators face from Netflix. I see this as a significant long-term threat. Given that a basic monthly subscription to Netflix costs less than £10 (which gets you access to an incredible range of TV shows and movies) versus around £25 to £30 for two movie tickets, the outlook for cinema operators looks challenging, to my mind.Cineworld shares do look cheap at the moment. Currently, the forward-looking P/E ratio is just eight. However, given the high level of short interest, I think the most sensible move is to steer clear. One thing I like to keep an eye on as part of my investment research is the list of the most shorted stocks on the London Stock Exchange at shorttracker.co.uk. This list contains the companies that hedge funds are betting against the most.Now, the hedge funds don’t always get it right. But quite often, they do. Just look at some of the companies that have been shorted heavily by the hedgies in recent years – Carillion, Thomas Cook, Debenhams… all of these companies turned out to be shocking investments.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…With that in mind, today I want to warn readers about a well-known FTSE 250 stock that is being heavily shorted right now. Given the high level of short interest, I think investors need to be very careful with this stock.Tread carefullyThe FTSE 250 stock I’m referring to is Cineworld (LSE: CINE), the second-largest cinema operator globally.This is not the first time I’ve warned about the short interest here. Back in early November, when the stock was trading at around 225p, I warned that 10.1% of its shares were being shorted (I see anything above 7% as risky) and that it was the third most shorted stock in the UK. I saw that as “quite concerning.” Today, the shares change hands for around 190p, meaning they’ve fallen 15% since then. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Image source: Getty Images. “This Stock Could Be Like Buying Amazon in 1997” A FTSE 250 dividend stock I’d definitely steer clear of right now Enter Your Email Address I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Edward Sheldon has no position in any shares mentioned. The Motley Fool UK owns shares of and has recommended Netflix. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Edward Sheldon, CFA | Monday, 20th January, 2020 | More on: CINE See all posts by Edward Sheldon, CFAlast_img read more

What could Mike Ashley’s upmarket efforts mean for the Frasers Group share price?

first_img I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Karl Loomes | Monday, 10th February, 2020 | More on: FRAS The Motley Fool UK has no position in any of the shares mentioned. Karl has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. “This Stock Could Be Like Buying Amazon in 1997” Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Image source: Getty Images. Not that long ago, if I were to say the names Sports Direct International and Mulberry, it would conjure up very different images.On the one hand, you had a mainly bargain basement-style sports and clothing retailer, known for cheap prices and distinctive red and blue branding. On the other, a high-end designer company known for its handbags. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…They are almost diametrically opposed firms in most people’s eyes, so it may have been a shock to hear that Frasers Group (LSE: FRAS), as Sports Direct is now known, is tying itself up with Mulberry much more closely via a stake buy.Moving upmarketThis shift towards a more upmarket brand is no longer, of course, at least for those of us following the Sports Direct/Frasers story, a surprise. Indeed, the renaming of the parent company to Frasers signalled a move to diversify away from cheap sporting goods (though they of course still make up the foundation of its business). It took on a derivative of the House of Fraser name, the takeover of which caused major problems for it given the weak state of the business.So what is behind the Mulberry link-up? A statement from the company said: “A key strategic priority for Frasers is the elevation of our retail proposition and building stronger relationships with premium third-party brands,” Frasers has bought a 12.5% stake in Mulberry, hinting that it may undertake more “strategic investments” in the future.Unfortunately for Frasers, a number of strategic investments it has made so far have not necessarily worked out well, most notably Debenhams (in which it lost its entire stake) and Goals Soccer Centres. That said, Mulberry is a significant supplier of House of Fraser, with concessions in its stores, and so Frasers’ investment is perhaps more in line with business-as-usual than it may first appear.And its share price seems to have benefited from its move upmarket of late. It closed at 464.60p on Friday, up from 272.60p a year ago. But can it continue to rise from here? If its upmarket move works, it should do. But there have been some other issues affecting the share price too. Bye, bye tax manJanuary did see some good news relating to one of them, with the Belgian tax authority concluding most of its investigation into a tax dispute that had delayed Sports Direct’s full-year results last July. The results of the investigation seem to suggest that the correct amount of tax had been paid, but “the documentation provided and process followed were incorrect”.This certainly removes a cloud of risk that has been overshadowing Frasers for some time, as the potential tax liability the firm may have suffered amounted to about three times its annual profits. That said, there are still questions being raised about the company’s financial audits.The Financial Reporting Council, the UK audit regulator, has in fact taken the company to court to gain access to documentation it had provided its then accountant Grant Thornton, with specific relevance to its 2016 audit of the business.I think Frasers’ moves towards strategic investments may work out for the firm, and the Belgian tax case news is all good. But I still think there is a lot of risk surrounding the company so I still see it as too risky for now.center_img What could Mike Ashley’s upmarket efforts mean for the Frasers Group share price? Our 6 ‘Best Buys Now’ Shares Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Simply click below to discover how you can take advantage of this. Enter Your Email Address See all posts by Karl Loomeslast_img read more

Is this FTSE 100 5% dividend yield a brilliant buy or an investor trap?

first_img London’s quoted housebuilders have been some of the strongest risers so far in 2020. A so-called Boris Bounce following December’s general election has been seen across many parts of the UK economy. But the uplift to the home creators has been particularly strong since the middle of last month.A stream of positive trading updates from these businesses has underlined the strength of the market. So, too, have a myriad of industry gauges on the health of the housing sector. The Office for National Statistics is the latest body to pipe up today to chat about the strength of the homes market.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…It says that the average home price rose 2.2% annually in December, to £235,000. This is up half a percentage point from the yearly growth printed a month earlier.Capital gainsThe release was particularly good reading for The Berkeley Group (LSE: BKG). The lion’s share of this builder’s sites is located in and around London and the South East of England. And property prices across these regions have been hit particularly hard in the fallout of the 2016 Brexit referendum.Could the report suggest that the market in the capital has turned a corner, though? The ONS says that average house prices grew 2.3% year on year in December. This was the sharpest increase since October 2017. And it was a vast improvement on recent surveys, too. Corresponding home values had risen by a modest 0.4% in November. They had fallen 1.2% during the 12 months to October, too.Distorted figures?Before you get too carried away, though, it’s worth noting ONS comments on that latest upswing. It says that the increase in the average growth rate “could instead be the result of a larger than usual shift in the type of properties being sold.”In essence, what this means is that the sale of higher-value properties last month – homes that are ubiquitous in the capital, of course – could distort the overall average price growth figure. There could be some truth to this. That report shows, for the most part, that sales of properties worth £900,000 and above in December outpaced those in either of the previous two months.On the up!While the ONS has a point, then, it does seem as if the broader London property market has in fact picked up more recently. Crest Nicholson for example, a firm with as significant exposure to the capital and the Home Counties as Berkeley, said last month that “footfall and visitor numbers on our developments have increased and traffic on our website is up” since late 2019’s election.City analysts certainly believe things are looking up for Berkeley. They expect it to recover from a 29% earnings fall in the fiscal year to April 2020 with a 4% rise in the following period.Recent announcements from Berkeley illustrate its own confidence in the long-term robustness of the market, too. In late January it declared plans to return an extra £1bn to shareholders over the next two years. It said it’s aiming to supercharge production rates by 50% for the next six years, too.Berkeley’s share price share price continues to rip higher, and an undemanding forward price-to-earnings ratio of 15.8 times suggests that it could have further to run. Combine this with a bold 4.9% corresponding dividend yield and I reckon the builder is a top buy today. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! “This Stock Could Be Like Buying Amazon in 1997” Royston Wild | Wednesday, 19th February, 2020 | More on: BKG Image source: Getty Images. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement.center_img Simply click below to discover how you can take advantage of this. Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Our 6 ‘Best Buys Now’ Shares See all posts by Royston Wild Enter Your Email Address Is this FTSE 100 5% dividend yield a brilliant buy or an investor trap?last_img read more

Lloyds Bank share price is at its lowest in 4 months. Here’s what I’d do now

first_img Manika Premsingh | Monday, 24th February, 2020 | More on: LLOY I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! The FTSE 100 banking giant Lloyds Banking Group (LSE: LLOY) isn’t in a good place. Its share price dropped to a four-month low of 55.3p at the last close. What’s worse, it’s also down by 13% from the start of 2020. Broader stock-market plungeAs an investor, should I now be worried about Lloyds’s share price fall? I’d take some comfort by considering the larger context. The bank’s part of the FTSE 100, which too has declined from the start of the year, though by a far smaller 2.6%. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Rising global uncertainty, led by fears of the coronavirus, has impacted the overall stock markets. It’s to be expected that a cyclical stock like LLOY sees a sharper dip. The fall wouldn’t be particularly worrisome if the uncertainty had been contained. Unfortunately, it hasn’t, as the virus’s impact is getting bigger as it spreads outside China. Tied to the economy Added to this is the fact that the UK economy isn’t entirely out of the woods either. In the last quarter of 2019, UK’s growth showed no change from the quarter before. Forward-looking indicators do suggest recovery, but I’d wait for confirmation from official numbers. This will inform me of both whether the recovery is taking place and if it is, the extent to which it’s occurring.  If the recovery is weak, it may mean nothing for LLOY. If it is robust, however, banking of all the sectors could be in for good times given how tightly it’s linked to economic conditions. But we don’t know that for certain right now. In fact, further spread of COVID-19 could put a dent to UK’s recovery, at least in the short term. Over the longer term as well, it’s a wait and watch situation. The economic outcome will also be influenced significantly by Brexit negotiations with the EU.  Investing for high passive income With so many question marks about the future, I’d be particularly cautious of investing in LLOY for capital gains. The share doesn’t have a good track-record of recovery for the patient investor.  Even if I consider its performance over a shorter time frame, it has been disappointing. Over the past five years, on average, the LLOY share price has risen by just a little over 2%. Many other FTSE 100 stocks have shown much better performance over the same period. I do like its 6.1% dividend yield, however. It’s significantly above the FTSE 100 average yield and there’s reason to believe that dividend income will continue to be rewarding for investors. LLOY increased the payout in 2019 by 5% to 3.37p from the year before. In its latest financial results, it says that it will “continue to target a progressive and sustainable ordinary dividend”.For the foreseeable future, I’d consider LLOY as an income investment. I’d only look at it as a growth investment if was really optimistic. At the very least, I’d like to see more concrete evidence that the share price is on an upswing before investing for capital appreciation. Image source: Getty Images. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Enter Your Email Address Simply click below to discover how you can take advantage of this.center_img “This Stock Could Be Like Buying Amazon in 1997” Our 6 ‘Best Buys Now’ Shares Manika Premsingh has no position in any of the shares mentioned. The Motley Fool UK has recommended Lloyds Banking Group. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Lloyds Bank share price is at its lowest in 4 months. Here’s what I’d do now  I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. See all posts by Manika Premsinghlast_img read more

5 UK shares I’d buy to double my money in 2021

first_img I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Enter Your Email Address 5 UK shares I’d buy to double my money in 2021 I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Rupert Hargreaves | Sunday, 6th December, 2020 Simply click below to discover how you can take advantage of this. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Our 6 ‘Best Buys Now’ Sharescenter_img Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. “This Stock Could Be Like Buying Amazon in 1997” UK shares have rallied strongly over the past few months. And I think this could be just the beginning of a much larger upswing.It is beginning to look as if the world may be able to get the coronavirus outbreak under control with vaccines by the middle of next year. Such a development would be hugely positive for stocks and the global economy.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…What’s more, governments around the world are planning massive stimulus programmes as they recover from the crisis. I reckon these twin tailwinds of vaccines and economic stimulus could send stocks surging higher in 2021. As such, I’ve been eyeing up some potential investments to buy for 2021. Here are a couple of my favourites, which I believe have the potential to double in the near term. UK shares on offer One play on the economic stimulus measures I have been considering is Ukrainian iron ore producer Ferrexpo.Iron ore prices have already started to increase over the past couple of months as traders have begun to anticipate increased demand for the commodity. Ferrexpo is set to benefit significantly if City expectations are anything to go by. Analysts have already hiked their earnings estimates for the company this year by 100% since April. I believe further growth in 2021 could see the stock achieve significant total returns for its investors. Other UK shares I am considering for 2021 include System1 Group and RELX.RELX is a global provider of information and analytics for professional and business customers across industries. This section of the company has continued to see steady demand for its services in 2020. Unfortunately, the operation also runs exhibitions. This part of the business hasn’t been so lucky. RELX has had to smash jobs as demand for exhibition services has slumped. Still, I’m optimistic that when exhibitions return, the group can use its size to grab market share, which may put it on a strong growth trajectory. System1, meanwhile, has made a handful of mistakes over the past few years, which have caused investors to sell the shares. Nevertheless, the organisation is a leader in artificial intelligence and behavioural analysis. Growing demand for these services could help the business instigate a recovery over the next few years. Growth potentialI’ve been watching two UK shares closely that seem to have benefited from the pandemic. These are Mr Kipling owner Premier Foods and Reach. Formerly known as Trinity Mirror, Reach has seen a significant decline in revenues for its print publications during 2020. Luckily, rising digital sales have compensated for some of these losses. I think the additional cash flow from the digital business will provide the company with additional capital to drive growth in the years ahead. The same goes for Premier Foods. A boom in sales during the pandemic has allowed the firm to pay off a large chunk of its debt, dramatically improving the company’s balance sheet. I reckon the corporation’s newfound financial strength could help underpin growth in the medium term.  Image source: Getty Images Rupert Hargreaves owns no share mentioned. The Motley Fool UK has recommended RELX. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. See all posts by Rupert Hargreaveslast_img read more

Stock market rally: I’d buy dirt-cheap UK shares today to get rich

first_img I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Rupert Hargreaves has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Our 6 ‘Best Buys Now’ Shares Click here to claim your copy of this special investment report — and we’ll tell you the name of this Top Small-Cap Stock… free of charge! Rupert Hargreaves | Sunday, 13th December, 2020 See all posts by Rupert Hargreaves The global stock market rally has caught many investors by surprise. However, despite the positive performance of international stocks over the past few months, UK shares continue to look cheap. Indeed, on one estimate, UK shares are trading at the most significant discount to international peers in 40 years. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…As such, I’d make the most of this opportunity and buy these dirt-cheap investments to build wealth in the long run. Stock market rally The stock market has rallied significantly over the past few weeks. It’s easy to see why investor sentiment has improved so much since the summer. The world seems to be winning the slow fight against coronavirus, and the economic fallout hasn’t been as bad as expected.Most economies rebounded reasonably quickly from the lockdowns imposed to try and control the spread of the virus earlier this year. That implies there could be a strong rebound after the second set of lockdowns as well. Against this backdrop, investor sentiment has improved during the past few weeks. Unfortunately, sentiment towards UK shares has remained depressed in the stock market rally. It seems to me the market is worried about Brexit. However, I reckon these concerns are overdone. We only need to look at the number of takeovers that have been thrust against UK companies this year. Some of these deals, such as Cisco‘s $730m deal for AIM-listed IMImobile, have been launched at substantial premiums.For example, Cisco offered a premium of 48% to IMI’s market price. I think this shows just how undervalued the UK market is. If it had bought the stock in the market, Cisco could have saved several hundred million dollars. Clearly, both parties thought the firm was worth substantially more. This isn’t the only example. The five weeks to 25 November saw a total of 14 takeover deals with an average premium of 46%! To put it another way, the market may be worried about the outlook for UK shares, but buyers have clearly not been put off by the UK’s economic outlook.Buying cheap UK sharesThis is the main reason why I’d buy cheap UK shares today before the stock market rally takes off. These companies are undervalued, and it seems as if buyers are quickly waking up to that fact. Based on the recent flurry of deals, I wouldn’t rule out future acquisitions. What’s more, these recent deals suggest UK equities could rise substantially from current levels when the covering of uncertainty surrounding the UK economy starts to lift. The best way to play this theme, in my opinion, could be to buy a basket of cheap UK shares, or an index tracker such as the FTSE All-Share. The index current offers a dividend yield of around 4% so investors will be paid to wait for its performance to improve.The same can be said for many other individual UK stocks. Holding these investments is one of the best ways to play the stock market rally, in my view. Image source: Getty Images center_img Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Enter Your Email Address Adventurous investors like you won’t want to miss out on what could be a truly astonishing opportunity…You see, over the past three years, this AIM-listed company has been quietly powering ahead… rewarding its shareholders with generous share price growth thanks to a carefully orchestrated ‘buy and build’ strategy.And with a first-class management team at the helm, a proven, well-executed business model, plus market-leading positions in high-margin, niche products… our analysts believe there’s still plenty more potential growth in the pipeline.Here’s your chance to discover exactly what has got our Motley Fool UK investment team all hot-under-the-collar about this tiny £350+ million enterprise… inside a specially prepared free investment report.But here’s the really exciting part… right now, we believe many UK investors have quite simply never heard of this company before! Simply click below to discover how you can take advantage of this. The high-calibre small-cap stock flying under the City’s radar Stock market rally: I’d buy dirt-cheap UK shares today to get richlast_img read more

The Ocado share price has beaten the FTSE 100 hands down in 2020

first_imgThe Ocado share price has beaten the FTSE 100 hands down in 2020 I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Alan Oscroft | Wednesday, 23rd December, 2020 | More on: OCDO “This Stock Could Be Like Buying Amazon in 1997” Enter Your Email Address John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Alan Oscroft has no position in any of the shares mentioned. The Motley Fool UK owns shares of and has recommended Amazon. The Motley Fool UK has recommended Tesco and recommends the following options: long January 2022 $1920 calls on Amazon and short January 2022 $1940 calls on Amazon. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. I bet those who invested in Ocado Group (LSE: OCDO) at the start of 2020 are smiling as they look at how well they’ve done. Approaching Christmas, the Ocado share price has climbed 80%. That’s a cracking result for any year. And it looks a little bit sweeter compared to the FTSE 100‘s fall of 15%.Ocado shares have been even higher during the year, topping out with a 125% gain in September before dropping back. But why have investors elevated a simple online supermarket to such high levels? And can the outperformance continue?5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…The most recent Kantar figures give Ocado just 1.7% of the UK’s groceries market. It’s in last place, below ‘Other outlets’. By contrast, market leader Tesco commands 27% of the market. A look at the relative valuations of the two companies reveals something rather alarming. Tesco currently has a market capitalisation of approximately £21.7bn, while Ocado comes in at £17.5bn. Despite Ocado having only around 6% of Tesco’s market share, investors rate it at 80% of Tesco’s valuation. The market is clearly not valuing Ocado shares as simple supermarket stocks.Technology companyOcado’s tie-up with Marks & Spencer does appear to be going well. In the company’s last update, on 10 December, we heard of “continued positive customer response to [the] M&S offering.” Retail revenue grew by 35%, with customer orders averaging £133 in value. But we won’t see any actual profit from that any time soon. You know what profit is, the lifeblood of successful companies, and the stuff that Tesco brings in mountains of every year.It’s all about seeing Ocado as a supplier of online shopping technology and expertise. Ocado has already provided the know-how to get a number of worldwide operations under way, and investors clearly hope for more of that to come. But the big question for me is whether there really is the market in online retailing technology to justify today’s Ocado share price.Ocado share price valuationAnalysts expect Ocado to record a loss per share of around 20p this year, with a bigger loss of 22p on the cards for 2021. So trying to think of any kind of P/E valuation right now is a non-starter. And of course, there’s nothing approaching a dividend likely to come any time soon. I reckon guessing at a fair Ocado share price can only really be done by elevating fingers into the atmosphere. And my finger would pluck out something a lot lower than the actual price.But what about all that shopping technology potential? Well, plenty of others around the globe have got the market well understood. Tesco has far more experience of getting goods actually off the shelves and delivered. And there are many other companies doing online selling in vastly greater volumes than Ocado can hope. Amazon springs to mind as a world leader.The Ocado share price has done far better than I could have expected in 2020. But I really do think it’s seriously over-inflated now. I won’t go near it in 2021. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!center_img Our 6 ‘Best Buys Now’ Shares Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Image source: Getty Images Simply click below to discover how you can take advantage of this. See all posts by Alan Oscroftlast_img read more

5 of the best shares I’d buy now for a 2021 bull market

first_img Our 6 ‘Best Buys Now’ Shares I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Kevin Godbold has no position in any share mentioned. The Motley Fool UK has recommended Howden Joinery Group. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. The past year has been volatile for stocks because of the pandemic. And many shares have bounced back the lows of last spring. But some share prices remain weak because their underlying businesses have been affected more by the lockdowns.But investors brave enough to buy stocks near their lows last year will have done well in many cases. However, now that vaccines are rolling out, I think there’s an opportunity to buy stocks to hold for the long term. And we could see a general bull market through 2021.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Looking for the best sharesI’d aim to fill my Stocks and Shares ISA with investments backed by high-quality underlying businesses. Many great companies listed in London have the potential to thrive in the coming years. And as an investor in their shares, I’d expect to benefit from an increasing dividend income stream and capital gains from a rising share price.Of course, those benefits are not guaranteed. Investing in shares always carries an element of risk. For example, the underlying businesses may not perform as expected and their share prices could fall causing me to lose money. But I’d aim to reduce the risk by researching my investments and focusing on quality and value indicators.For example, I like the look of telecoms giant Vodafone. The business enjoys the advantage of owning infrastructure networks that are hard for competitors to replicate. But three years ago, the valuation was high, making the stock look expensive. However, the share price eased back since then and now the stock looks like better value to me.Vodafone has a decent record of cash flow generation. And City analysts expect the firm’s earnings to rebound in the trading year to March 2022. There’s a fat dividend yield above 5% and potential for the business to grow. However, one area of risk is that the company has a lot of debt, so I’d aim to keep an eye on that.Growth potential and risksI’m also keen on insurance and investments company Aviva and groundworks and geotechnical solutions specialist Keller. Both firms are paying chunky shareholder dividends right now and I reckon they have the potential to grow their operations in the years ahead. However, those two enterprises operate in cyclical sectors. And if I’ve misjudged my analysis, their businesses may underperform going forward and I could lose money on my investments.Meanwhile, fitted kitchen and joinery manufacturer Howden Joinery has robust forward estimates for earnings. But the valuation looks rich and the dividend yield is below 2%. Despite the valuation risk, I like the quality indicators for this business and believe the company has earned its higher rating. I think the business could have a bright future. But the biggest risk to my investment would be that my assumptions could prove to be wrong.Finally, I’m keen on private label household and personal care products maker McBride. The valuation looks modest and I reckon the business has the potential to grow. But the company is small and has a history of volatile earnings. The big risk is that going forward, earnings could fall again. Nevertheless, the shares tempt me. Get the full details on this £5 stock now – while your report is free. Simply click below to discover how you can take advantage of this. Image source: Getty Images center_img 5 of the best shares I’d buy now for a 2021 bull market Kevin Godbold | Sunday, 7th February, 2021 Are you on the lookout for UK growth stocks?If so, get this FREE no-strings report now.While it’s available: you’ll discover what we think is a top growth stock for the decade ahead.And the performance of this company really is stunning.In 2019, it returned £150million to shareholders through buybacks and dividends.We believe its financial position is about as solid as anything we’ve seen.Since 2016, annual revenues increased 31%In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259Operating cash flow is up 47%. (Even its operating margins are rising every year!)Quite simply, we believe it’s a fantastic Foolish growth pick.What’s more, it deserves your attention today.So please don’t wait another moment. Enter Your Email Address FREE REPORT: Why this £5 stock could be set to surge See all posts by Kevin Godboldlast_img read more

2 UK shares I’d buy in March for my Stocks and Shares ISA

first_img Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. See all posts by Royston Wild I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Royston Wild | Tuesday, 23rd February, 2021 “This Stock Could Be Like Buying Amazon in 1997” I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Image source: Getty Images Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!center_img Enter Your Email Address Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Shares UK share prices are slipping again as fears concerning the fight against Covid-19 resurface. It’s clear that investors like me need to remain careful as the pandemic rages on. And in this climate, spending money that I can’t afford to lose on stock is a particularly bad idea. But I don’t think the uncertain economic outlook means investors like me should stop buying British stocks altogether.This is because there are plenty of UK shares out there to keep even the most pessimistic of investors happy. British stock pickers can choose from a galaxy of defensive shares like general insurance providers, food manufacturers, energy suppliers and healthcare providers. Earnings at these sorts of stocks remain relatively stable during all points of the economic cycle.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Some UK shares will even thrive in the event of a long slump in the global economy. From pawnbrokers to gold producers and insolvency practitioners to alcohol makers, many London-quoted stocks enjoy their most fruitful periods during downturns like this.Additionally, investors can buy companies that derive all, or almost all, of their profits from parts of the world where the Covid-19 crisis is less of a risk. Take China for instance. Strict clampdowns there at the start of the pandemic have caused infection rates to slow to a trickle. So the outlook for a large number of Asia-focused UK shares is quite robust.I think there are many quality stocks trading far too cheaply to miss out on today. Some trade on historically-low price-to-earnings (P/E) ratios. Others boast big dividend yields. A large number of British stocks even carry both.2 UK shares on my ISA shopping listWith all this in mind, here are two UK shares I’m thinking of buying for my own Stocks and Shares ISA in March.#1: United UtilitiesUtilities shares like United Utilities Group are always under threat from regulators, as recent proposals from Ofgem surrounding National Grid have shown. There’s also the threat posed by elevated levels of water consumption which can require extra spending on infrastructure. But I still think this FTSE 100 water supplier is a great buy today. Demand for its services remains relatively constant, regardless of broader economic conditions. And, right now, United Utilities boasts a gigantic 4.5% forward dividend yield. Remember that dividend projections and earnings estimates can sometimes miss their mark by a wide margin however.#2: ECO Animal Health GroupDrugs developer ECO Animal Health Group also operates in a mega-resilient market. The amount spent on healthcare for animals in the food chain is always pretty stable. This is because meat and dairy product sales remain hardy even during recessions. In fact, City analysts think annual earnings at this UK share will soar 215% this year (to March). This leaves it trading on a low forward price-to-earnings growth (PEG) ratio of 0.1. A word of warning though. Animal-related stocks like this can see revenues take a major hit if disease rips through livestock markets. This is what happened last year when African Swine Flu swept through pig stocks in China. 2 UK shares I’d buy in March for my Stocks and Shares ISA Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee.last_img read more

Should I buy shares in new US stock Oatly?

first_img “This Stock Could Be Like Buying Amazon in 1997” Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Should I buy shares in new US stock Oatly? I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Kirsteen has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Enter Your Email Address Our 6 ‘Best Buys Now’ Shares Kirsteen Mackay | Wednesday, 26th May, 2021 | More on: OTLY Simply click below to discover how you can take advantage of this. Image source: Getty Images Oatly (NASDAQ: OTLY), a plant-based milk specialist, launched on the NASDAQ last week via an initial public offering (IPO). It listed at around $17 a share, with a valuation of $10bn. On the day, the Oatly share price rose above $22, valuing it above $13bn (£9.2bn), but it has since settled back at around $20.Why is oat milk popular?Plant-based foods and drinks are hot properties as individuals commit to making lifestyle changes in a bid to ‘save the planet’. Oat milk scores highly here. It’s apparently slightly better for the environment than almond milk and it uses much less water than other plant-based milks. It also produces less CO2 than cow’s milk. Plus oats require 80% less land to grow than dairy milk needs in the process of raising cows.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…But it’s not only environmental reasons driving oat milk popularity higher. More people are choosing dairy-free diets for health reasons too.Last year in the US, oat milk sales soared 400% to $213m. And many big names are boosting the trend. Oprah Winfrey, Howard Schultz, Jay-Z and Natalie Portman all backed the Oatly deal.Such a pronounced celebrity backing shouldn’t be underestimated. Oprah, Jay-Z and Schultz are all successful investors in their own right and are unlikely to want to risk their reputations on a gimmick. They also have big platforms from which to sing its praises.Oatly has also struck impressive partnerships with Starbucks and Alibaba.From Sweden to New YorkDespite listing in New York, Oatly is based in Sweden. It’s believed to have chosen the US because of its soaring consumption of plant-based and non-dairy foods. Of course, New York listings tend to be higher-profile too. The company has long been ahead of the game as it launched in Sweden in the 1990s. But its popularity soared after debuting in the US in 2016. It now makes yogurt and ice cream too.The company intends to use the proceeds from its IPO to expand its production facilities. This includes a large UK factory where it also sees a clear growth opportunity. This factory will have the capacity to produce 300m litres of oat milk annually and will create more than 200 jobs.Shareholder risksBut the future may not be all rosy. Competition from big food manufacturers and supermarkets is intensifying. And while Oatly has made heavy investments in its expansion and marketing initiatives, it’s losing money. Despite being established for 25 years it’s still unprofitable.Although I like the product, I do wonder if it’s cashing in on a fad. My concern is that oat milk may well go out of favour as quickly as it arrived.Personally, I think a $10bn plus market cap is very high. I can make oat milk cheaply at home in a blender and Oatly cartons are expensive. Nevertheless, I do occasionally buy it and so do an increasing number of shoppers. But for now, I’m quite happy to watch its progress from the sidelines.I think Oatly is far from a bargain share and I’m not tempted to add it to my Stocks and Shares ISA just yet. For regular stock market investing ideas and help choosing the best shares to buy now, sign up to The Motley Fool today. See all posts by Kirsteen Mackaylast_img read more

Here’s why I’m still buying Scottish Mortgage Investment Trust

first_img Image source: Tesla Our 6 ‘Best Buys Now’ Shares I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Here’s why I’m still buying Scottish Mortgage Investment Trust I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Paul Summers | Sunday, 30th May, 2021 | More on: SMT SSON This is not to say that there’s aren’t a few things to bear in mind. While the ongoing charge of 0.9% certainly isn’t the highest in the market, it’s still high. Regardless of how manager Simon Barnard performs from here, that fee will always be due. One also needs to bear in mind that relatively youthful Barnard doesn’t have a long track record. This, however, is a risk I’m comfortable with. With its premium to net asset value dropping in recent weeks, I’m taking advantage while I can.  Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! The rotation from growth to value stocks by investors over the last few months has hit the Scottish Mortgage Investment Trust‘s (LSE: SMT) share price. On Friday, it closed at 1,195p. That’s 15% off the all-time high it hit earlier in 2021.Aside from the valuations of holdings such as Tesla taking a (long overdue) tumble, SMT has faced another recent setback in the announcement that co-manager James Anderson will be retiring.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…As a long-term investor, however, I’ve been buying more of the investment trust in May. Here’s why.Disruption…on the cheapWhile the departure of Anderson is a shame, it’s not a complete surprise. A 21 year-stint (22 by the time he actually leaves) is a long time to manage the same fund. The need for fresh blood and new investment ideas is both inevitable and healthy. Notwithstanding this, I’m reassured that Scottish Mortgage Investment Trust’s other manager, Tom Slater, is staying put. This should make the eventual succession process a lot smoother.  SMT’s low ongoing charge (0.36%) also remains a big pull for me. This is a very cheap way of getting access to some of the most disruptive growth stocks in the world. It’s even on par with many passively-managed exchange-traded funds. Personally, I’m a big fan of having both active and passive elements to my portfolio so long as the fees charged by the latter can be justified. I don’t think this has ever been a problem when it comes to the Scottish Mortgage Investment Trust. It’s climbed 359% in value over the last five years.center_img Paul Summers owns shares in Scottish Mortgage Investment Trust and Smithson Investment Trust. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Sure, there’s no guarantee that the share price won’t continue to wobble. Concerns over inflation mean that risky, ‘blue sky’ stocks might remain out of favour. Many investors will also be looking to capitalise on reopening opportunities as vaccination programmes make an impact. Previously out-of-favour sectors such airlines, pub chains and high street retailers are back on buy lists.On this front, I’m taking a balanced approach. Some of my money is invested in stocks that I think could benefit from a return to normality. But sell my holding in a trust that could still provide great returns for many years to come? Absolutely not!Also on my shopping listSMT isn’t the only investment trust I’ve been buying in May. I’ve also been adding to my already-sizeable stake in Smithson Investment Trust (LSE: SSON).Like Scottish Mortgage, Smithson’s share price has been a bit volatile in recent months. Since its aim is only to invest in high-quality small and mid-cap firms, that’s not really surprising. Most of these rarely trade on cheap valuations. One can’t ignore the possibility that some early investors may be keen to bank profits. Since launch in October 2018 to the end of April 2021, Smithson achieved a quite brilliant annualised return of 25.4%.  Enter Your Email Address “This Stock Could Be Like Buying Amazon in 1997” Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Simply click below to discover how you can take advantage of this. See all posts by Paul Summerslast_img read more