Busy couple of weeks on results front
-
Iran and Israel agreed to a ceasefire. Futures +380
-
Some June 'month' performance figures. All net of fees
Tech +11.4%
Lifestyle +6.45%
100 index. +2.89%
Optimum GG & I +1.86%
Equity +1.65%Comps:
Nest Sharia +1.79%
Fundsmith +0.57% -
Proof the US economy is doing well!
June nonfarm payrolls: +147K vs. +110K consensus and +144K in May (revised from +139K), according to data released by the U.S. Bureau of Labour Statistics on Thursday.
The unemployment rate moved down, below consensus. -
Markets closed early today for the 4th of July weekend.
Cobens Technology at an all time high. Regained its Feb 2025 high and we've battled an 8.6% fx headwind. Very happy where we are.
-
That’s great news….can you just sort out the dollar / pound exchange rates please ….
-
It's def a team effort and thank you all for your kind words
-
Will be good if this trend can continue.
-
All I can tell you Jason is when you have Cobens Tech up 14.7% YTD net of all fees which is Nr1 in 2025, was Nr 1 in 2024 and Nr 1 in 2023 against most 'funds being still under water or barely broken even, you will see consolidation and volatility given the recovery has been very rapid over a short time scale. Lifestyle is similarly performing very well.
However, I can also tell you with confidence that the businesses we hold will continue to grow and growth means stock price appreciation over time. Short term we are exposed to the musings of a volatile President. Some days he helps us, others he doesn't, but over time the business fundamentals will be what drives the performance, not tax policy or public feuds.
-
That's the idea SZ. The aim is to inform and answer questions. There are a lot of misconceptions with investing and the stock market. Usually peddled through ignorance.
-
TSM reported record numbers-chairman CC. Wei.
Wei emphasised TSMC’s leadership in advanced packaging like CoWoS, with plans to more than double capacity by end-2025 to meet AI demand, particularly from key clients like NVIDIA.He described demand for TSMC’s technologies as “extremely robust” and expressed optimism about long-term growth, stating that AI and high-performance computing would drive “healthy growth” for years. No significant concerns or disruptions were highlighted; it was largely business as usual with a strong focus on capitalising on AI and semiconductor market tailwinds. Wei reinforced TSMC’s strategic investments and market dominance.
All Good!
-
Well I'm happy the way tech is going, I've just put a little more in to it. Onwards and upwards.
Well done team. -
a couple of typo is this transcript, taken from TSM earnings call. He means 'if you listen to what company CEOs are saying. Jensen Huang said the same exact thing 2 months before dropping the big Sovereign AI news 'AI factories'. If you pay attention and listen 'but you are not listening' Huang said.
Only last week some analysts said TSM were slowing down and I remember thinking 'I'll wait to hear from CC Wei' The most honest and straight executive out there. Actually they are going faster 'to catch up to demand'
