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III 3i Group Plc

2,236.00
4.00 (0.18%)
Last Updated: 13:37:05
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
3i Group Plc LSE:III London Ordinary Share GB00B1YW4409 ORD 73 19/22P
  Price Change % Change Share Price Shares Traded Last Trade
  4.00 0.18% 2,236.00 198,777 13:37:05
Bid Price Offer Price High Price Low Price Open Price
2,234.00 2,235.00 2,251.00 2,232.00 2,242.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Investors, Nec 2.57B 4.57B 4.7455 4.71 21.54B
Last Trade Time Trade Type Trade Size Trade Price Currency
13:36:05 O 53 2,236.501 GBX

3i (III) Latest News

Smart Money!
III is a large holding in the following funds:
 Fund  Percentage of Fund  Last Updated 
 HENDERSON HIGH INCOME TRUST PLC 3.32% 2023-09-30
 JPMORGAN CLAVERHOUSE INVESTMENT TRUST PLC 3.20% 2023-10-31
 THE MERCANTILE INVESTMENT TRUST PLC 2.80% 2023-10-31
 BLACKROCK INCOME AND GROWTH INVESTMENT TRUST PLC 4.50% 2023-05-31

3i (III) Discussions and Chat

3i (III) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
13:36:062,236.50531,185.35O
13:35:502,236.001814,047.16O
13:34:512,236.00122.36O
13:30:542,236.0032715.52AT
13:30:052,236.0032715.52AT

3i (III) Top Chat Posts

Top Posts
Posted at 01/12/2023 08:20 by 3i Daily Update
3i Group Plc is listed in the Investors, Nec sector of the London Stock Exchange with ticker III. The last closing price for 3i was 2,232p.
3i currently has 963,658,775 shares in issue. The market capitalisation of 3i is £21,537,773,621.
3i has a price to earnings ratio (PE ratio) of 4.71.
This morning III shares opened at 2,242p
Posted at 17/11/2023 18:54 by scottishfield
Bank of America raises 3i Group price target to 2,480 (2,350) pence - 'buy'
Posted at 20/9/2023 06:09 by jonwig
Presentation this afternoon. Update -



Action: "We expect operating EBITDA for the 12 months to the end of P9 2023 to be circa €1,530 million compared to €1,036 million at the end of September 2022."
But that's aggregate. LfL will be more challenging.
Posted at 14/9/2023 13:48 by chc15
Indeed, strong momentum continues here. Anyone have any price predictions here for say 6 months time, I'll say 25.
Posted at 12/9/2023 15:05 by eigthwonder
Simon Borrows will be looking at Action's long term growth opportunities and current growth rate and the cash flows and very quickly conclude there is barely any price that could convince him to sell Action to invest the huge proceeds in something with better potential.
Posted at 20/7/2023 06:49 by jonwig
Pretty good, too:



Great action at Action, and the rest "resilient". That word again!
Posted at 29/6/2023 06:12 by jonwig
AGM statement;

3i Group plc ("3i") will be holding its Annual General Meeting ("AGM") this morning. At the AGM, Simon Borrows, our Chief Executive, will provide an update on the portfolio.



Action has continued to deliver very strong sales growth in the year to date. Like-for-like sales growth was 22% year to date as at the end of week 25 and net new stores openings of 84 are on track with its expansion plans and ahead of the 75 stores opened in the same period last year. Action's strategy to deliver an outstanding quality customer offering at the lowest price remains the Company's top priority and continues to draw high customer footfall across all of its geographies. Action is set for another good quarter of profit growth and has a cash balance in excess of €660 million.

The remainder of the Private Equity portfolio continues to demonstrate resilience with the majority of the portfolio trading well. Lower customer demand and inflation pressures continue to impact a small proportion of the portfolio. Despite the macro-economic headwinds we remain confident that the 3i active management approach will build consistent value creation across the portfolio over the longer term.

"Resilience" is a much-used word these days.
Posted at 07/6/2023 03:26 by elbrus55
Agree that PE of c.4 is not meaningful. It is bringing unrealized gains into the E which are not ongoing earnings comparable to those of a non-investment company.A more relevant PE ratio is the one used for Action in their valuation which is 18.5 it is key assumption they discuss in their announcements. This can be compared with other retailers e.g. Tesco trades on 12xThe continuing growth prospects of Action may well justify the higher multiple. Difference in debt levels should also be considered - Action doesn't have too much debt.But that PE of 18.5x is relative to the NAV. Relative to the share price it will be higher - north of 20x.
Posted at 06/6/2023 19:18 by chc15
I'm sticking of course, the global institutional demand for this stock is crazy atm, they are buying loads at this current price, so expecting further price rises. 'Momentum' investors will be piling in this now.
Posted at 20/5/2023 15:28 by skyship
APEO announced an April reduction in their Action holding. Price was the Dec'22 valuation.

Perhaps suggests 3i share price now rather overcooked at 1930 - some 16% up on the recent sell notice by the IC; and now at a 10% premium to NAV.

A good short at this level...
Posted at 23/2/2023 11:02 by skyship
That was an excellent article in the IC. Recommends to sell 3I Group (iii) due to an over-valuation of Action Group which now accounts for 59% of their portfolio valuation.

Action has been a superb/remarkable investment for iii; but with that degree of portfolio distortion they really have to find an exit route for at least half of their commitment.

With iii standing at just a 1% NAV discount; they look like a one-way play for the time-being; especially after the recent 4-month 50% surge upwards.

One aspect not mentioned on the Action business model surely has to be their reliance on cheap goods from China. Any interruption of that gravy train will sorely expose Action sales.

IMO these now look to be a good short...
3i share price data is direct from the London Stock Exchange

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