Managed funds

[BlackPeter]

Mmh - I guess sometimes one can recognize an investment problem just by scanning small number of posts.

Always good to read the fine print of investment opportunities: "Past performance is no indicator for future performance" ... and - Oops - they don't even provide the paperwork required to sell legally to retail investors. I'd see this as a big red flag.

If they achieve above market  returns, than clearly the only way to do this is by accepting higher risks. Great if it worked for them over the last couple of years, but surely - this does not mean it will stay this way forever.

If you have a lucky streak in the casino - do you assume that it will continue forever? Well, maybe you do. Many people do ... and often they find out too late that they did err.

Clearly not a fund I would invest material parts of our nest egg into ...

Just came across last years comment. Maybe some of the huge risks they entered into went wrong? But never mind - in future everything will be well ... or not?

[Dolcile]

360 was up about 7% yesterday and another 6% so far today.

[Bev]

360 CEO selling some 360 shares. Not a good look.

Share price dropped 3.9% today.

[Shareguy]

360 Target prices

Canaccord           US$115
UBS                     US$110
Stifel                    US$92
Citizens                US$95
Bell Potter            AUD$52.50

[Basil]

Average of 10 analysts rates 360 at buy with a target price of $49.  Very surprised by that.  https://www.marketscreener.com/quote/stock/LIFE360-INC-58195451/consensus/

[Shareguy]

Good to see small caps heading back up with positive updates from Discovery and Pie funds. Note Zip and 360 up today

[Bev]

Good to see small caps heading back up with positive updates from Discovery and Pie funds. Note Zip and 360 up today

I missed the positive update from Discovery?

[Shareguy]

I missed the positive update from Discovery?

I'm talking about the dollars going up in the online portals.

[Bev]

Thanks Shareguy

[Bev]

Over the 5 trading days 20-27/11/25 360s share price lifted 8%
while Discovery 21-28/11/25 lifted 7.11%

Given that 360 is only part of the portfolio there must be some good news built into the 7.11% 

[Shareguy]

Over the 5 trading days 20-27/11/25 360s share price lifted 8%
while Discovery 21-28/11/25 lifted 7.11%

Given that 360 is only part of the portfolio there must be some good news built into the 7.11%

Good point Bev, I'm looking forward to the update especially to see if they made use of the market decline. Small caps seem to be heading back up including Zip which is a big position. Funds managers like pullbacks as it gives them opportunity to deploy cash which is why often funds rise quickly after a correction.

Let's hope for a December Xmas rally. Will enjoy catching up with the Discovery guys at the Xmas function and other holders.

[Bev]

To add a bit of excitement to my day, I thought an interesting exercise would be to set up a watchlist of Discovery holdings.

I tidied the older Discovery newsletters out my email folder recently, but I was able to come up with GDG, 360, TUA, DUR, and SLC.  Unfortunately, I don't know if they are all current holdings.  Doing a comparative graph over the last month was interesting.

[Shareguy]

To add a bit of excitement to my day, I thought an interesting exercise would be to set up a watchlist of Discovery holdings.

I tidied the older Discovery newsletters out my email folder recently, but I was able to come up with GDG, 360, TUA, DUR, and SLC.  Unfortunately, I don't know if they are all current holdings.  Doing a comparative graph over the last month was interesting.

I have done exactly the same. Much easier with Pie as the Stocks are disclosed. Would love to see your graph if you can work out how to post it and don't mind sharing.

[Bev]

I just used the advanced graph function on DBs site and chose compare.  They all come up a different colour.  I can try doing a snapshot and posting it.

Interestingly, I was able to download the snapshot to this site, however when I dragged it into position it turned into programming language.

[Shareguy]

I just used the advanced graph function on DBs site and chose compare.  They all come up a different colour.  I can try doing a snapshot and posting it. 

Ok thanks will have a look