Tag: stock market

Why does Hargreaves Lansdown have some Swedish companies and not others

1. Exchange Access & Settlement

HL offers access to “major international exchanges” (like Stockholm, Paris, Frankfurt, NYSE, Nasdaq, etc.), but they don’t automatically make all companies on those exchanges available.

  • They rely on CREST and Euroclear (the settlement systems) and need to have a smooth process for custody and dividends.
  • Smaller or less liquid Swedish stocks sometimes aren’t supported because they’re harder/expensive to settle.

2. Liquidity & Demand

HL curates what’s listed for retail clients.

  • Large caps / well-known Swedish companies (think Volvo, Ericsson, Evolution Gaming) tend to be included because they’re liquid and there’s demand.
  • Small caps or niche companies may not be available unless enough HL clients request them — not worth the admin burden otherwise.

3. Corporate Actions & Complexity

Foreign shares often involve dividend tax, rights issues, and corporate actions. HL simplifies its offering to avoid the cost/complexity of handling lots of “long tail” small companies overseas.

4. Custody Costs

HL passes some overseas custody and settlement costs onto clients in its dealing fees.
If a stock would require unusually high back-office overhead, HL may simply choose not to offer it to retail clients.

5. Regulatory / Listing Requirements

Some companies, even though they’re on the Stockholm Exchange, might trade only in certain share classes (A vs B shares, for example). HL typically lists the more liquid share class (usually the B shares in Sweden). That’s why you’ll sometimes find “Rokob” but not “Rokoa.”

Can you buy single shares of Xiaomi or do you need to buy 200 shares at a time?

It all depends on where you buy the Xiaomi stock.

Hong Kong Stock Exchange (1810.HK)

  • On the HKEX, stocks trade in “board lots” (minimum trading units).
  • For Xiaomi (1810.HK) the board lot is 200 shares.
  • That means if you buy directly in Hong Kong, you have to buy at least 200 shares (or multiples of 200).
  • Example: If Xiaomi trades at HK$15, the minimum investment is HK$3,000 (~US$380).

U.S. OTC Market (XIACF, XIACY)

  • In the U.S. OTC market, you can buy single shares (no board lot restriction).
  • So if you’re using a U.S. or international broker that gives access to OTC, you can buy 1 share, 10 shares, 37 shares — whatever you like.

How can I buy shares of Xiaomi and under what ticker symbol

Ticker Symbols & Where to Buy

1. Hong Kong Stock Exchange (Primary Listing)

  • Ticker: 1810.HK (often just “1810”)
  • That’s Xiaomi’s main public listing and the one most commonly used by investors. You’d buy this through a broker that provides access to Hong Kong markets.

2. Over-the-Counter (OTC) in the U.S.

  • Tickers: XIACF and XIACY
  • These are U.S. OTC representations (likely ADRs or Pink Sheet listings). They let U.S.-based investors access Xiaomi without needing a Hong Kong broker.

Intel gets new shareholders – Softbank and the US Government

SoftBank has invested $2 billion in Intel.

SoftBank Group Chairman and CEO Masayoshi Son said in a statement that the “strategic investment reflects our belief that advanced semiconductor manufacturing and supply will further expand in the United States, with Intel playing a critical role.”

This is mixed with the US Government also announcing that they will take a 10% stake in Intel.

How does the current price of XIACF compare to its 52-week high and low

Based on the search results, I can provide the following comparison of XIACF’s current price to its 52-week high and low:

The 52-week range for XIACF (Xiaomi Corp Class B) stock is $1.40 – $2.64.

As of the most recent data available:

  1. The current price is $2.36.
  2. The 52-week high is $2.36, set on May 03, 2024.
  3. The 52-week low is $1.26, recorded in June 2023.

Comparing these figures:

  • The current price of $2.36 is at the 52-week high, just 0.00% below it.
  • The current price represents a 87.3% increase from the 52-week low of $1.26.

This indicates that XIACF is currently trading at its highest point over the past year, suggesting strong recent performance or positive market sentiment towards the stock.

Constellation Software Revenue by Segment – 2019 – 2024

I came across this amazing chart of the growth of Constellation Software and their revenue by Segment.

As you can see Constellation has been on an amazing growth story since the very beginning and it doesn’t look like it is going to slow down any time soon.

I just wish I could invest in them from the UK, but no broker is really offer an option to buy their stock! If they had this I’m sure it would go even higher faster!

How Can I Buy Shares in Xiaomi (XIACY or 1810) on the Public Stock Market?

Buying Xiaomi American Depositary Receipts (ADRs):

  • This is the simplest and most common way for US investors to buy Xiaomi stock.
  • ADRs represent shares of a foreign company (in this case, Xiaomi) that are traded on a US stock exchange.
  • Xiaomi’s ADR trades under the ticker symbol XIACY on the OTC Markets.

Buying Xiaomi shares directly on the Hong Kong Stock Exchange (HKEX):

  • This method allows you to buy actual shares of Xiaomi (stock code: 1810), but it’s a more complex process and not recommended for all investors.
  • It typically involves opening an international brokerage account that allows trading on the HKEX and navigating potential currency conversion and other fees.

My Thoughts on Google (GOOGL) and Their Market Share and Investment Opportunity

A lot of people have been giving Google a really hard time of late over their troubled entry into AI – with their chat interface Gemini. Additionally, there are investors out there that think OpenAI, Perplexity and others will start to disrupt their search business which is their main revenue stream via ads.

I don’t think this is going to happen and here is my take:

  • Google has 93% market share in search and 50% in total digital marketing. These are not going anywhere.
  • Cloud is growing 30% YoY with margin expansion.
  • Forward PE of 19 is reasonable compared to industry average and to its historical median.

I think I will be buying more for my own investment portfolio.

How Did Baillie Gifford Start and Grow Their Investment Fund and Management

The story of Baillie Gifford’s origins starts in Edinburgh, Scotland, in 1908, when two ambitious lawyers, Colonel Augustus Baillie and T.J. Carlyle Gifford, saw an opportunity in the burgeoning rubber industry.

The Founding Moment:

  • Baillie, a veteran of the Boer War, and Gifford, a brilliant young lawyer, combined their expertise to establish a law firm, Baillie & Gifford WS.
  • They quickly recognized the potential of the rubber industry and decided to create an investment trust focused on this promising sector.
  • In 1909, The Straits Mortgage and Trust Company was launched, with Baillie & Gifford managing its assets. This marked the official start of Baillie Gifford, laying the foundation for their journey as successful investment managers.

Early Years and Growth:

  • The initial years were challenging, with the rubber industry facing fluctuations. However, Baillie Gifford’s astute investment decisions and long-term perspective helped the trust navigate these difficulties.
  • They gradually diversified their portfolio beyond rubber, venturing into other sectors like shipping, textiles, and utilities.
  • Throughout the 20th century, Baillie Gifford continued to grow, weathering various economic storms and building a reputation for prudent management and a focus on long-term investment horizons.

Evolution and Modern Form:

  • In the late 20th century, Baillie Gifford embraced new investment strategies and technologies, adapting to the changing financial landscape.
  • They became pioneers in growth investing, focusing on identifying and backing companies with high growth potential.
  • Their commitment to research and analysis, coupled with their distinctive partnership structure, which emphasizes collective decision-making and long-term thinking, further set them apart.

Today:

  • Baillie Gifford stands as a global investment management powerhouse, managing over £216 billion (US$ 264 billion) in assets for a diverse clientele.
  • They are known for their innovative approach to investing, dedication to sustainability, and commitment to supporting the companies they invest in.

What are the Benefits of Dividend Investing Over Capital Growth Returns?

Dividend investing can be considered better than standard long-term investing for capital growth returns due to several reasons:

  1. Regular Income: Dividend investing focuses on investing in companies that pay regular dividends to their shareholders. This provides investors with a consistent stream of income, which can be reinvested or used for other purposes.
  2. Compounding Effect: Dividends can be reinvested to purchase additional shares of the company’s stock. Over time, this reinvestment can lead to the compounding effect, where the dividend income grows exponentially.
  3. Stability and Consistency: Companies that pay dividends are often mature and stable, with a track record of generating consistent profits. This stability can provide a level of confidence to investors, especially those seeking reliable income.
  4. Lower Market Volatility: Dividend-paying stocks tend to be less volatile compared to growth stocks. This lower volatility can provide a smoother investment experience, particularly for those who prefer a more conservative approach.
  5. Inflation Hedge: Dividends have the potential to increase over time, which can help investors keep up with inflation and maintain purchasing power.

It’s important to note that the choice between dividend investing and standard long-term investing depends on individual preferences, risk tolerance, and investment goals. Both approaches have their advantages and drawbacks, and it’s essential to consider one’s specific financial situation before making investment decisions.

Who Are the Largest Shareholders in Twilio

Twilio’s ownership structure features a mix of institutional and individual investors, with several holding sizeable stakes. Here are the top shareholders as of January 8, 2024:

Institutional Shareholders:

  • The Vanguard Group: With 9.595% ownership, Vanguard holds the largest institutional stake in Twilio. This translates to over 17.3 million shares.
  • BlackRock, Inc.: BlackRock comes in second with approximately 5% ownership, holding around 9 million shares.
  • Nikko Asset Management Co., Ltd.: This Japanese asset management firm owns around 3.5% of Twilio, which translates to roughly 6.3 million shares.
  • Baillie Gifford & Co.: This Scottish investment firm holds around 3% of Twilio, amounting to 5.4 million shares.
  • State Street Global Advisors, Inc.: This institutional investor owns around 2.5% of Twilio, representing 4.5 million shares.

Individual Shareholders:

  • Jeff Lawson (CEO): As co-founder and CEO, Jeff Lawson holds a significant individual stake, estimated to be around 10% of Twilio’s total shares. This translates to roughly 18 million shares.
  • Other individual investors: While not disclosed individually, other executives and early investors likely hold smaller stakes in Twilio.

Does Instacart Have a Dual Class Share Stucture In Place

No, Instacart does not have a dual-class share structure in place. As of January 8, 2024, Instacart has a single class of common stock, which means that all shareholders have equal voting rights and receive the same dividends per share.

This differs from many other tech startups, which often opt for dual-class share structures. In a dual-class structure, there are typically two classes of shares: Class A and Class B. Class A shares typically have one vote per share, while Class B shares might have 10 or even 100 votes per share. This gives the founders and early investors more control over the company, even if they don’t own a majority of the shares.

5 MUST-read Books on Psychology and Decision-Making

Here are 5 MUST-read Books on Psychology and Decision-Making:

1. Rationality by Steven Pinker

2. Psychology and the Stock Market by David Dreman

A classic from 1977. One of the first books to explain the relationship between psychology and investing.

3. Thinking, Fast and Slow by Daniel Kahneman

The bible of human decision-making covering all sorts of Biases, Heuristics, and Decision-Making Flaws.

4. The Art of Thinking Clearly by Ralf Dobelli

We lose track of the essential things and focus on unimportant shiny news all the time. Learn how to avoid that.

5. Think Again by Adam Grant

You’ll make mistakes in investing. It’s important to recognise them early. This book teaches you how to pursue reconsideration and question your existing beliefs.

Who Are the Largest Shareholders of LVMH and How Much Do They Own / Control

The largest shareholder of LVMH is the Arnault Family Group, which is controlled by Bernard Arnault. The Arnault Family Group owns approximately 46.84% of LVMH’s stock and 63.13% of its voting rights.

Other major shareholders of LVMH include:

  • The Vanguard Group, Inc. (9.49%)
  • T. Rowe Price Associates, Inc. (Investment Management) (5.24%)
  • Jennison Associates LLC (2.70%)
  • Janus Henderson Investors US LLC (2.57%)
  • Qatar Holding LLC (1.67%)
  • BlackRock, Inc. (1.63%)
  • AXA SA (1.34%)
  • State Street Corporation (1.28%)
  • Dimensional Fund Advisors LP (1.26%)

These shareholders collectively hold over 50% of LVMH’s outstanding shares.

It is important to note that these percentages are based on the number of Class A shares outstanding. LVMH also has Class B shares, which have ten times the voting power of Class A shares. As a result, Bernard Arnault, who owns a majority of the Class B shares, has a significant amount of control over the company.