3i Share Discussion Threads

[chc15] 11/5/2020 10:41

Gowing lower, results on 14th, divi to be cut?

[tricky red] 02/4/2020 15:49

Yes. That's the reason I see it as solid moving forward.

[chc15] 02/4/2020 13:37

Yes trickyred did good. Have u all seen the recent presentation on Action, sounded ok, no exposure to Italy or Spain either.

[tricky red] 02/4/2020 11:38

It was the right thing to do at the time as it locked in a tidy profit.

[jonwig] 02/4/2020 07:46

When I last looked, the Action stores appeared to be open in the Netherlands, but some were closed in France.

[watfordhornet] 02/4/2020 07:31

There's always one

[chc15] 01/4/2020 23:24

Yes great to see the directors buying, Julia is very impressive. I've been buying at every 10% price drop, lowest price below £6. In good profit, but long term for me.

[tricky red] 01/4/2020 17:52

Sold all my holding at 10 quid each but thought at the time it was too heavy a drop at the 7s

[tricky red] 01/4/2020 17:50

Thinking of buying back in.

[watfordhornet] 01/4/2020 13:15

Good to see directors buying shares

[chc15] 19/3/2020 12:32

Seminar must be going well..

[jonwig] 19/3/2020 09:14

Last stated NAV was 873p, so chop 20% off (seems a lot, but ...) and you get 700p.

[chc15] 19/3/2020 08:50

Ah yes, gains being eroded though, Action is the biggie, so will have to wait for presentation.

[jonwig] 19/3/2020 08:41

Well, we've just had one:



Some of the expected retail disruption, but nothing stands out as frightful.
There's a presentation coming up today.

I don't understand this:

The weighted average net debt of the portfolio at 31 December 2019 was 4.0x excluding Action.

4.0x what??

Answer: 4.0x valuation earnings. (That's up from 3.7x at H1 stage.)

[jonwig] 18/3/2020 14:50

EJ - fair points, but:

1) There seems to be (vide FT) a lot of distressed forced selling from hedge funds, meaning that trying to value stuff is put on hold;

2) China, etc. are facing a second wave of imported infections. Not good news.

[chc15] 18/3/2020 14:45

I doubt it just waiting for some news hopefully soon, I don't think Action wud be struggling? I topped up yet again today!

[watfordhornet] 18/3/2020 12:47

Very quiet on here - is this not bonkers? Can they go bust?

[tricky red] 17/3/2020 18:59

I never thought I'd see it this low. Was concerned if kick myself at selling at £10. Bit relieved now.

[watfordhornet] 17/3/2020 15:53

Any idea why the big drop - I know Coronavirus is around but this is moving far more than most

[chc15] 16/3/2020 09:51

All pe stocks getting hammered today, I'm adding on each 10% drop here, prob an awful strategy, but I have spare cash for now.