3i Share Discussion Threads

[craftyale] 03/12/2024 12:40

Elephant in the room.....Shadowfall. How much money have they lost?

[chc15] 03/12/2024 11:56

Creeping towards 38, even though ex div, there has to be a big buyer out there again.

[chc15] 28/11/2024 09:43

Ex div, and we are up, demand is strong still.

[chc15] 25/11/2024 10:37

Wonder if we'll hold above 36 today, US futures up, so it looks promising. Remember institutions are buying at these levels.

[craftyale] 22/11/2024 08:02

36 today. I smell bacon burning. I love this share.

[craftyale] 21/11/2024 16:28

Or don't come back in a year just wait a couple of hours. ;-)

[craftyale] 21/11/2024 10:45

"Anchoring Bias" may prevent some people from investing here, however the share price isn't "too high" just because it has performed well. The share price will continue to motor. Time will tell, come back in a year.

[chc15] 18/11/2024 19:10

I agree here, it's all abt the management and culture of the company, that is why WCM invested so heavily in 3i, have a look their research process. If any senior management left, this would drop. Personally I'm not selling any.

[kash_] 18/11/2024 15:01

Agreed ex divi date is 28th Nov. Might move higher in the run up but then it's gonna drift down. imo

[anhar] 18/11/2024 10:58

On conventional investment trust criteria, III is very much over valued. Buying or holding the shares is thus an act of pure faith in the management, imo, rather than the usual math of IT share analysis.

But this situation is not new, it's been like this for some time now.

[growthpotential] 17/11/2024 19:44

Surely with the reliance on action that business value has been fully realised? Want to be on board this rocket ship but feels like a huge premium

[scottishfield] 14/11/2024 12:08

Deutsche Bank Research raises 3i to 'buy' (hold) - price target 4,037 (2,918) pence

[chc15] 14/11/2024 12:04

Not just Action, the rest of the portfolio is strong now. I wonder if we break 35 when the yanks wake up and buy.

[eigthwonder] 14/11/2024 11:45

Action: the gift that keeps on giving

[craftyale] 14/11/2024 11:31

35 soon. Shorts crying.

[anhar] 14/11/2024 08:44

Interim divi 30.5p
xd 28 Nov
pd 10 Jan

[chc15] 14/11/2024 08:44

Lol, yeh all good l, wish that nav was a bit higher, but great results.

[craftyale] 13/11/2024 15:49

Brewing coffee at 7am tomorrow. :)

[craftyale] 06/11/2024 11:45

And Shadowfall Capital is so so wrong :))

[chc15] 06/11/2024 08:45

lol these broker notes are pure trash fiction, don't look at them. Record high today, boom.

[steeplejack] 04/11/2024 21:04

Analysts at RBC Capital Markets downgraded 3i Group from 'outperform' to 'sector perform' on Monday, citing valuation grounds.RBC said it views 3i Group as a "best-in-class business", with a "conservative but successful" model and a strong management team."This is evidenced by III's outperformance in the last few years, despite challenging macro backdrop," said RBC, which has a 3,425.0p target price on the stock.The Canadian bank stated a "good chunk" of this outperformance had been driven by Action, which it views as "a very high-quality retailer".However, RBC noted that 3i's share price has risen more than 140% in the last three years, and it now views the shares as more fairly valued.

[craftyale] 17/10/2024 14:48

52 week high. Someone is getting burnt.

[craftyale] 16/10/2024 07:12

How's that short going? :)) Approx 30p div up and coming ex div end of Nov.

[anhar] 08/10/2024 14:08

Yes, a holding in III is largely based on trusting the management rather than on math, because the normal investment trust valuation method is to compare net assets with the share price. The norm would be a discount but III stands at a very large premium.

Furthermore due to the unlisted nature of their investments, NAV has to be estimated so is never really verifiable.

Criticisms of the above two points were behind the recent bear raid on III.

As you say, they have rewarded our belief with great returns over time but imo the share remains a bet on the quality of management rather than on quantitative investment criteria.