RNS Number : 5912S
Montanaro UK Smlr Cos Inv Tst PLC
17 June 2024
 

A blue coil with a blue spiral around it Description automatically generated with medium confidence


A picture containing text, sign, clipart Description automatically generated


Montanaro UK Smaller Companies - Overview from QuotedData

14th June 2024

A coiled spring?

Charles Montanaro, the manager of Montanaro UK Smaller Companies Investment Trust (MTU), has remained stalwart in the face of investor aversion to the UK equity market. His bullishness is based on the increasingly attractive valuations being assigned to UK equities, as many of MTU's holdings continue to generate decent earnings based on their historic performance, with several reporting their highest ever annual revenues.

There may also be catalysts ahead that could precipitate a positive shift in investor sentiment, thanks to declining UK inflation (which could soon lead to lower interest rates), higher than expected GDP growth and generally robust UK businesses and consumers.

Improving sentiment could be a powerful boost to MTU shareholders' returns, not only as its net asset value (NAV) rebounds but also as its wide (currently 15.8%) discount to NAV narrows. The discount is sufficiently attractive that MTU's own management have seen fit to purchase another 1% of MTU's outstanding shares.

Full Research:

https://quoteddata.com/research/montanaro-uk-smaller-companies-a-coiled-spring-qd/

This research is also available free on our website www.quoteddata.com where you will also find news, performance data and factsheets on every London listed Investment Company. QuotedData writes and distributes research on a number of quoted companies, facilitates meetings between those companies and existing and potential investors and assists in raising additional capital where required.

NB: Marten & Co was paid to produce this note on Montanaro UK Smaller Companies Investment Trust Plc, and it is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the Financial Conduct Authority. Marten & Co is not permitted to provide investment advice to individual investors categorised as Retail Clients under the rules of the Financial Conduct Authority.

QUOTEDDATA
50 Gresham Street | London EC2V 7AY
Tel: +44 (0) 20 3691 9430

www.quoteddata.com | research@quoteddata.com | www.martenandco.com

 

 

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
NRAKZLFFZQLFBBX
Montanaro Uk Smaller Com... (LSE:MTU)
Gráfica de Acción Histórica
De May 2024 a Jun 2024 Haga Click aquí para más Gráficas Montanaro Uk Smaller Com....
Montanaro Uk Smaller Com... (LSE:MTU)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024 Haga Click aquí para más Gráficas Montanaro Uk Smaller Com....