|NB Priv. Eqty
||EPS - Basic
||Market Cap (m)
|Equity Investment Instruments
NB Priv. Eqty Share Discussion Threads
Showing 51 to 74 of 75 messages
|An extract from BTEM's October factsheet:
NB Private Equity Partners’ discount continued to grind tighter with NAV growth aided by an IPO of its top holding, an equity co
-investment in Extraction Oil & Gas (XOG) made alongside Yorktown Partners. XOG, which owns land in the Colorado DJ Basin, accounted for 2.7% of NBPE’s NAV prior to its listing which came at a price equating to a near-70% uplift over
carrying value. XOG then traded up further with the share price at month-end representing an 86% increase over carrying value.
Aside from the obvious benefit of an increase in NAV, this transaction al
so serves to highlight the conservative nature of valuations in NBPE’s portfolio.|
|We had a good October - NAV up 2% at $15.04:
|Hi MF - yes, a nice gain for the NAV - the upcoming return for September should be minimally a 2% gain:
|That has proved to be exceptionally well time Sky. Good news this morning as well, and the drop in sterling has made this a great investment recently. I've been invited to a lunch with the managers next month and will try to go, but it is good to see one of the underlying investments showing positive growth, especially as the NAV hasn't really changed much over the last 2 years, due in part to the relative youth of many of the underlying investments.|
|I've bought back in here @ 1050p & have also subscribed for new 2022 ZDPs at a 4.45% GRY.
Sold my RECP @ a c3% yield; so the new ZDPs would be good value if I get them...|
|New Investor Presentation to coincide with the Offer of new 2022 ZDPs:
|XD 25c today|
|looks like a well times buy Sky. I continue to hold and with the divi and the currency movements am back at about breakeven, but clearly misstimed the call here.|
|Chart has been total cr*p for ages; but could that $10 level provide support. Certainly the fall looks overdone with a 5% yield and a 30% NAV discount; so have bought a few at $10.|
|The yield is very attractive and a big chunk of the portfolio (c.30-40%) is in fixed rate debt at high rates which support the yield component. But the rest of the portfolio has done pretty badly really. And having a primary Amsterdam listing doesn't help. But it is worth holding for the yield imo.|
|G'morning Leeds. I'm basically a Fundamental investor; and nowadays only in asset plays. That said I've always followed the Technicals ever since the early Point & Figure charts back in the 70s; in its most simplistic it does at least provide a picture of trend, support and resistance...|
|You seem to be an expert at finding these 'charts' Sky.|
|November NAV slightly down 2c @ 1438. At the offer price of 1083 the NAV discount = an above average 24.7% and the yield on the 50c dividend = 4.62%.
Seems good value; but hate the chart:
free stock charts from uk.advfn.com|
|16 November 2015
NB Private Equity Partners Limited ("NBPE" or the "Company") today
published a new presentation for a series of meetings in the UK.
The updated presentations are attached and also available on NBPE's
|thanks sky, agree it can only be a good thing, and it would also make sense to change denomination to sterling at the same time.|
|From the BTEM monthly Factsheet:
"Harbourvest Global Private Equity completed its long-awaited
move from the Specialist Fund Market to the Main Board of the
London Stock Exchange during the month, with shareholders now
fully enfranchised. This should bring long-term benefits to liquidity
and the broader appeal of the company. In the short-term, we
expect index tracker demand to have a positive impact on the
rating with the change to a Sterling quote facilitating entry into the
FTSE All-Share towards the end of the year. We continue to
encourage NB Private Equity, our largest listed private equity
holding, to make a similar move."|
|up another 1% last month. With a 4% divi and the exposure to debt this looks a solid performer and I wasn't surprised Money Observer made it their PE choice for cautious investors for the second year running in the most recent issue.|
|CDI - yes would like ARLE to get on with a disposal/IPO and begin to release some CASH from one of those 5 portfolio holdings; that said the stock looks mis-priced.|
|The statement is totally obtuse - I hope they make it clearer next time. This is one of my long term banker shares - trading at a 19% discount because it is valued as PE when it is in fact 40% debt and yielding 4%pa. I'm trying to keep my hands in my pockets for a while as I decided to sell a lot in May and "go away". Have dipped my toe in recently into LXB, PIN and MVI, but am holding off looking for real bargains.
Not convinced by CDI yet, but I like the discount at CLDN and will look to move some of my global investment trust exposure there.|
|MF - yes, still enjoying the great run in JPEL - $ denominated so doubly good the past 2-3weeks!
Now waiting on BPM, CDI & LMS. As you know, bought back into CDI very recently - couldn't resist the 50% discount to the last NAV declaration.|
|Found it here:
|What a totally nonsensical NAV statement. Nowhere does it say what the NAV actually is!!!
|get back to your musculation young man!
I'm pretty pleased with the performance since I bought. I see PEY has been recommended by brokers but think RC Turner is right in being wary of euro weakness there. NBPE is in dollars and so should have a good tailwind there to add to returns. Of course, plenty of others are dollar denominated - I think your faves APEF and JPEL are. Along with commercial property I think the risk/return ratio in PE look the best in the market at the moment. But then I am preaching to the converted!|
|...and of course on the back of yet another good NAV performance for December. Never should have parted with these!!!
12 January 2015
NB Private Equity Partners Limited ("NBPE" or the "Company"), a
closed-end private equity investment company, today announced an updated
Net Asset Value ("NAV").
30 November 31 December % Change in
2014 2014 NAV
Unaudited estimated NAV per share $13.78 $13.95 1.2%
Unaudited Total Return per share* $14.64 $14.81 1.2%|