3i Share Discussion Threads

[popstar] 19/8/2010 07:15

Overdue a revision to carrying values, IMO, but the good news for Saltaire111 is the payment of the Final Div (at last!) for 2009. Buy on a yield basis if nothing else?

[saltaire111] 23/6/2010 22:41

Did we go ex divi today?

SALTY

[a0148009] 13/5/2010 11:10

Agree - good results and turnaround, share price just over 10% discount to NAV which is probably about right in the current investment climate.

AO

[evox] 13/5/2010 07:24

Good results:-
Preliminary results for the year to 31 March 2010
Key points
Total return of GBP407 million, a 16.2% return on opening shareholders'funds
Strong realisations of GBP1,385 million, at good average uplifts of 19%
over opening carrying value
Net debt reduced to GBP258 million (2009: GBP1,912m)
Increase in net asset value to GBP3.21 (opening NAV of GBP2.79 at 31 March
2009)

[evox] 11/5/2010 17:13

Betting pair take on 3i over fund closure

[evox] 29/3/2010 19:49

Mayborn: It is understood that 3i, the private equity group, is preparing to look for buyers for the company that makes Tommee Tippee baby bottles and beakers and also the Sangenic brand of nappy disposal products. Full-year profits at the Newcastle-based company rose to £16.9 million in 2008, compared with £7.5 million in 2006, and it is thought to be valued at more than £200 million. Mayborn was taken private by 3i in 2006 in a deal worth £137 million. (The Sunday Times)
Not a bad return in 4 years!

[saltaire111] 26/3/2010 20:39

We're seeing steady progress now. Would like to see this share break out form the £3 resistance. Should hopefully see that soon.

Salty.

[krutt] 04/2/2010 16:45

Was over 800 now hoverring around 270 - You call that resillient!

[number1] 04/2/2010 15:35

This one has been really quite resillient whilst the market has fallen recently ... any reason why chaps?

[saltaire111] 09/1/2010 22:40

The underlying value of the assets is much stronger than the NAV suggests.

[decoy] 13/11/2009 22:49

13-Nov-09 3i Group - Citigroup Buy - target 360.00p - Reiteration

[dope007] 13/11/2009 09:35

Just started looking at these as a play on economic recovery. Results not great so could see more off the price but they must be a buy and lock away if the drop sub 250p.

[enami] 15/10/2009 19:01

Target 330ish here if the market remains positive after options expiry tomorrow.



WEEKLY CHART (with adjustment for rights issue) target 376
CLICK THUMBNAIL TO ENLARGE

[saltaire111] 10/10/2009 19:38

NAV 303p looks cheap.

Salty

[saltaire111] 10/10/2009 19:37

Number1 - 21 Sep'09 - 12:32 - 237 of 240


Kbass - it would be interesting about your thoughts on the Private Equity sector after you have completed your research ... I believe it is abit too early to dip a toe into these companies because of high leverage and credit uncertainties....would be good to have some one elses take on this sector ...

kiwi2007 - 23 Sep'09 - 08:14 - 238 of 240



Very cheap money and low interest rates are allowing UK banks to temporarily keep troubled companies going rather than take them out. Hence iii isn't getting the opportunity to pick up the cheap 'stock' it would normally buy and turn round.
It's probably going to be a late cycle buy.

The iShares ETF IPRV might be a better, or at least earlier, buy if you're wanting to enter the sector - all IMO of course.

saltaire111 - 9 Oct'09 - 22:18 - 239 of 240 edit


iii is the cheapest stock on the market...

salty

evox - 10 Oct'09 - 19:06 - 240 of 240


Yes, NAV is 303p

[das3] 24/8/2009 22:03

saltaire: not disbelieving, but how do you arrive at sum of underlying assets to be £9?

das

[multisync 5] 24/8/2009 20:48

£4 next stop.

[saltaire111] 24/8/2009 15:26

It's very quiet here. It will not be when the market realises that PE is the next sector to fly....

[saltaire111] 17/8/2009 21:20

Just noticed Standard Life recently increased its investment in iii in its UK fund managed by David Cummings.

[saltaire111] 12/8/2009 16:55

bjw - only you can make your mind up on that but I think that iii offers great potential in a recovering market. The company's investments were marked down significantly over the course of the last eighteen months and as the general economic conditions stabilise, we will see value returning to each investments. The downside with iii was pretty spectacular (look at the chart) but the upside is spectacular too.

Salty

[bjw19999] 09/8/2009 14:18

what do you think of purchasing now is it a big gamble or a sensible move, i am sick of losing my hard earned money.Thanks

[saltaire111] 06/8/2009 21:26

At last - iii starts to move upwards with some momentum. The underlying assets are worth £9 a share so bring it on....

[saltaire111] 04/8/2009 20:27

Where's the action here?