Managed funds

Dolcile · Feb 13, 2026, 06:01 PM

Quote from: Stoploss on Feb 13, 2026, 05:58 PMToday's recap was down 7.46% for Feb
So after the disaster today more to come ... also note CTD is still suspended and depending upon who you talk to could be worthless ....

I didn't realise they had Corporate Travel exposure. Quite possibly will be zero as you say.

Basil · Feb 13, 2026, 06:23 PM

Quote from: Dolcile on Feb 13, 2026, 06:00 PMSpeaking to the converter Basil :-) I'm quite happy with my portfolio of HLG, TRA, SKL, TWR, Kernel NZ Property Fund and a total world fund.

You've made a good case with SKL mate, as have others. I bought some today. Keep it quiet as I want some more lol

Basil · Feb 13, 2026, 06:32 PM

Quote from: Stoploss on Feb 13, 2026, 05:58 PMToday's recap was down 7.46% for Feb
So after the disaster today more to come ... also note CTD is still suspended and depending upon who you talk to could be worthless ....

In my opinuon its not just a question of where fair value for these tech stocks is, the hidden danger is that funds that own a lot of tech stocks will be getting a lot of redemption requests which leads to further selling which leads to more redemption requests and furthrr selling and so on. Just as Discovery attracted significant funds when it was outperforming, the opposite will be the case now as 39% underperformance for the 6 months to 31 January is serious plus more in February. Clearly the sector now has serious downward momentum which could be sustained for quite some time. Never a dull moment for Australuan tech investors that's for sure !

Fiordland Moose · Feb 13, 2026, 07:12 PM

Quote from: Basil on Feb 13, 2026, 04:46 PMThe whole tech sector in Australia is getting absolutely monkey hammered.

Bonus points for use of the phrase monkey hammered....will have to remember that.

Dolcile · Feb 13, 2026, 08:03 PM

Quote from: Basil on Feb 13, 2026, 06:23 PMYou've made a good case with SKL mate, as have others. I bought some today. Keep it quiet as I want some more lol

I did wonder who the big dog was gobbling up all the stock

Great buying. The more I read/learn the move I like their prospects.

I'm waiting for another transaction to settle so I can top up.

Shareguy · Feb 14, 2026, 07:53 AM

Quote from: Basil on Feb 13, 2026, 06:32 PMIn my opinuon its not just a question of where fair value for these tech stocks is, the hidden danger is that funds that own a lot of tech stocks will be getting a lot of redemption requests which leads to further selling which leads to more redemption requests and furthrr selling and so on. Just as Discovery attracted significant funds when it was outperforming, the opposite will be the case now as 39% underperformance for the 6 months to 31 January is serious plus more in February. Clearly the sector now has serious downward momentum which could be sustained for quite some time. Never a dull moment for Australuan tech investors that's for sure !

Yes it's almost unbelievable the speed of decline which shows no sign of coming to an end. To be fair it was the same going the other way. Very high risk with a high waiting to software stocks. Hopefully Mark and Chris have a plan and we will soon see it going back the other way.

Dolcile · Feb 14, 2026, 08:37 AM

I have no faith in active managers outperforming the market. Back to simple index tracking funds for my international exposure. I think NZ is slightly different, there seems to be good opportunities for retail investors to identify unappreciated gems.

Basil · Feb 14, 2026, 10:01 AM

Lots of talk on CNBC in the last few weeks about how A.I..is going to impact SAAS companies and others.

The effects are very real already. For example the I shares expanded software index down 22% YTD, even the magnificent 7 are down 7% YTD.

On the other hand defensive staple companies that cannot be affected by A I. Like Walmart and Costco are on surprisingly high metrics.

Talk that up to 25% of lower level staff in professional firms like legal and accounting for example might be made redundent by the effects of A.I.

We certainly live in interesting times.

Stoploss · Feb 19, 2026, 04:49 PM

Quote from: Shareguy on Feb 05, 2026, 12:10 PMAgree with this. Discovery and Pie have a number of these, which is why they are getting hammered. However these companies are in most cases profitable with huge growth. More pain to come before we see a bottom I think.

Too true ZIP - 40 % today ouch ......

Shareguy · Feb 19, 2026, 05:45 PM

Quote from: Stoploss on Feb 19, 2026, 04:49 PMToo true ZIP - 40 % today ouch ......

A shocker for sure. Gosh I feel for Mark and Chris. Will they be doubling down, cutting our losses or riding it out.

On the positive Hub up 13 Percent so far today and Superloop was up heaps yesterday.

Stoploss · Feb 19, 2026, 05:59 PM

Quote from: Shareguy on Feb 19, 2026, 05:45 PMA shocker for sure. Gosh I feel for Mark and Chris. Will they be doubling down, cutting our losses or riding it out.

On the positive Hub up 13 Percent so far today and Superloop was up heaps yesterday.

Problem is no idea if they even own them as it said at the last update " initiated 4 new positions and cut 3" .
They only declared 360,GDG and ZIP. So 2 out of 3 since reporting have gone South .

Shareguy · Feb 19, 2026, 06:06 PM

Quote from: Stoploss on Feb 19, 2026, 05:59 PMProblem is no idea if they even own them as it said at the last update " initiated 4 new positions and cut 3" .
They only declared 360,GDG and ZIP. So 2 out of 3 since reporting have gone South .

True, will be an interesting update Tom.

Dolcile · Feb 26, 2026, 11:14 AM

Massive earnings beat by nvidia. I read - but haven't confirmed - that nvidia is trading on a low multiple than Walmart.

entrep · Mar 04, 2026, 02:59 PM

Waiting on the next Discovery report with baited breath...

Shareguy · Mar 04, 2026, 05:26 PM

Quote from: entrep on Mar 04, 2026, 02:59 PMWaiting on the next Discovery report with baited breath...

Indeed. February was another shocker and unfortunately March hasn't started well either.