3i Share Discussion Threads

[essentialinvestor] 31/5/2012 13:48

Am I reading that correctly?.

[scamper] 31/5/2012 13:29

TIDMIII
RNS Number : 5282E
3I Group PLC
31 May 2012
UK Listing Authority Disclosure Rules and Transparency Rules
DTR 3.1.4R
On 31 May 2012, 3i Group plc (the "Company") was notified that Mr Simon Borrows, Chief Executive and a person discharging managerial responsibilities, had acquired 4,000,000 ordinary shares of 73 19/22p each in the Company ("Shares") as set out below:

Date of transaction Number of Shares Price per Share
28 May 2012 850,000 172.842p
----------------- ----------------
29 May 2012 2,000,000 173.004p
----------------- ----------------
30 May 2012 1,150,000 171.397p
----------------- ----------------
TOTAL 4,000,000
----------------- ----------------
The place of these transactions was the London Stock Exchange.
This information is provided by RNS
The company news service from the London Stock Exchange
END

[wexboy] 23/5/2012 15:27

Thanks, TimTom2,

Agreed! Took another look at 3i, but still reached the same conclusion. Plse see my latest writeup here though, with further commentary on (alternative) asset managers:



Cheers,

Wexboy

[essentialinvestor] 22/5/2012 10:20

I am beginning to look closely at these levels.

[scamper] 22/5/2012 08:17

Picked up a few for a bounce yesterday..is oversold

[timtom2] 21/5/2012 17:31

Great work Wexboy but just highlights management failings in inability to close the gap.

[salpara111] 21/5/2012 15:49

Pretty unpleasant reading the finals!
NAV drops over 70p per share and I guess that trend is going to continue.
I had been looking to take a stake when it retested its recent lows at 170 but reckon I will wait for 150.

[wexboy] 16/5/2012 15:18

See how 3i stacks up vs. other alternative asset managers, and in terms of absolute value:



Cheers,

Wexboy

[timtom2] 10/4/2012 16:53

Upper management tend to forget who they work for and need reminding every so often with a bit of a poke. It keeps them on task & stops them daydreaming whilst staring out the window.

[portside1] 01/4/2012 20:42

AT last big holders speaking out and about time . if they can not do the job they are paid to do SACK THEM

[brain smiley] 13/3/2012 23:29

Break-up hopes helped 3i Group advance on Tuesday as the FTSE 100 climbed for a fifth straight day.

3i rose 6.9 per cent to 210p amid talk that it could spin its dealmaking unit out of the listed company, leaving shareholders with just the private equity portfolio.

Shares in 3i have been supported this week by speculation of a management buyout. However, JPMorgan Cazenove doubted whether it was feasible to take 3i's £2.7bn in assets private.

More likely, the broker said, would be that 3i sells its management company to executives for a nominal consideration. Troubled sector peer Candover Investments took the same route last year as it wound itself down, it noted.

Selling 3i's buyout arm to a newly independent management team would give directors a much bigger incentive to cut head-office costs, JPMorgan said. Meanwhile, the quoted investment trust might help close the stock's 30 per cent discount to net asset value by selling a slice of its portfolio to a secondary investor, it said.

"This would clearly be a radical departure from the current model, which involves using the balance sheet muscle to seed new third-party funds. But with poor NAV performance, a tough fundraising environment and a wide discount to NAV the jury is very much still out on this strategy," said JPMorgan.

[golden cat] 13/3/2012 17:52

Laxey hit Alliance Trust with a resolution today...Laxey also hold a stake in 3i...hence the noise is that the 3i management know one is coming their way too and will announce some discount closing measures, cash returns, reduced TER etc soon...jump before being kicked...

[brain smiley] 13/3/2012 16:28

Takeover rumours again..

[megabear] 13/3/2012 14:27

Don't forget that the most recent NAV was calculated in Sept last when equities were in the doldrums. Surely what with the FTSE 10% higher since, 3i's NAV should also have risen somewhat? RNS tomorrow on bid spec perhaps?

[brain smiley] 13/3/2012 14:19

If 3i went back to trading 10% below NAV(like it used to), that would lead to a 263 price.Definitely a cheap company,odd why it's valued so cheaply.

[golden cat] 13/3/2012 10:43

So has anyone got anymore news on the rumoured MBO?

[nofool] 03/2/2012 16:59

Cheeky get.

[nofool] 03/2/2012 16:58

Makes a change!

[nofool] 03/2/2012 16:58

Good call nofool.

[nofool] 02/2/2012 16:38

Reckon it wants 200p min..

[loofyloofy] 13/1/2012 15:34

GOT MY TOES WET TODAY - ALL WILL DEPEND ON IF EUROLAND KEEPS ITS NERVE....