3i Share Discussion Threads

[l2user] 01/1/2012 13:17

Sunday newspaper share tips round-up
By THIS IS MONEY REPORTER
Last updated at 12:06 PM on 1st January

[essentialinvestor] 17/12/2011 13:15

This may be an early warning sign for what is to come for
the rest of the market in 2012 imv.

[salpara111] 17/12/2011 12:57

On Jan 5th the share price closed at 340p so as we close out the year it has dropped 50% which is quite an acheivement.

Agree with Alpha...cash is going to be an issue next year and disposals by any route are going to be difficult.

I was tempted when it crossed the 200p line but luckily held off.

The most interesting thing now is the fact that with the new divi (if it is sustainable) they produce a reasonable yield.

I guess I lack the confidence to take a stake but at the same time if it were to nudge the 150 line I would probably take some.

[alphahunter] 15/12/2011 16:11

Interesting about FENR....
With regards to 3i, one concern I have is the impact of the forthcoming credit crunch/squeeze on the investee companies. I'm expecting a lot more of 3i's cash to be deploy as "follow-on investment".

[skyship] 12/12/2011 08:17

I have started a Private Equity thread ("PE"):



I do hope that readers will bookmark this new thread and share their knowledge and expertise over there from time to time.

[etome] 10/11/2011 07:29

10 November 2011

3i Group plc announces Half year results to 30 September 2011

Key points Gross portfolio return of (8.3)%, driven by market conditions

-- Portfolio earnings up by 8% in the period on a value weighted basis
-- Total return of GBP(523)m, a (15.6)% return on opening shareholders' funds
-- Realisations of GBP532m and investment of GBP448m
-- Substantial increase in dividend proposed of 8.1p for the year, up from 3.6p

Michael Queen, 3i's Chief Executive, commented: "We have not been immune to the broader market turmoil and the challenging environment has had a direct impact on our results.

However, the steps we have taken over the last two and a half years to improve the financial and operational strength of the Group, and to reduce the risk in our portfolio, give the Board confidence in announcing a significant increase in our dividend today."

[etome] 10/11/2011 07:28

3i Group PLC with Charts and News


3i is an international investor focused on Private Equity, Infrastructure and Debt Management, investing in Europe, Asia and the Americas. Our competitive advantage comes from our international network and the strength and breadth of our business relationships. These underpin the value that we deliver to our portfolio, shareholders and fund investors.

Weblink:

[timtom2] 04/10/2011 15:32

The thread title was the kiss of death.

[essentialinvestor] 23/9/2011 19:17

Cerrito, why only mildly?, is that in the context of the current market weakness -
thanks.

[cerrito] 23/9/2011 17:28

Midly reassured by the information given this morning and it seems they have collected the Alo/Kemfine money but will wait a bit before buying more.

[blueball] 22/9/2011 10:34

Still think 150p on the cards bad management here.

[timtom2] 22/9/2011 10:27

Well the responsibility must land on the lap of the BOD and particularly CEO. Will anyone go - not on your nelly. Arrogance imho. Not as if it wasn't on the cards.

[gears] 12/9/2011 15:52

Not sure if they can sell the Enterprise infrastructure business or what liabilities III take if it doesn't return to profit.

[blueball] 12/9/2011 15:32

I am glad I sold in June for 280p.

[essentialinvestor] 12/9/2011 15:30

In April if you had said the price would be near £1.90 in September,
you might have been locked up - not holding.

[blueball] 12/9/2011 15:27

150p target here.

[salpara111] 07/9/2011 23:03

Relegated today.

It will be interesting to see how it performs over the next few weeks.

[salpara111] 06/9/2011 22:10

Only a couple of days to save its FTSE 100 position, looks like it is going down.

[kiwi2007] 06/9/2011 12:55

Also quite a bit of coverage in the FT Paper edition

[kiwi2007] 06/9/2011 12:54

FYTAlphaville comment.

3i Group PLC (III:LSE): Last: 202.80, up 5 (+2.53%), High: 206.60, Low: 198.00, Volume: 1.88mNH
positive Barcap note aroundNH
are they broker?NH
by any chance?BE
Allow me to check.BE
Indeed they are.BE
Joint with Merrill.NH
gawdNH
I thought this nonsense had stoppedNH
what does the note say?BE
Upgrading to 1-Overweight: 3i is the worst performing stock in our coverage universe,
down 38% ytd and off 27% since 26 July. Current P/NAV of 0.58x compares to an ave
since Jan 10 of 0.9x and suggests the market fears strong hits to NAV ahead of
September's revaluation. NAV declines in the last market correction of 08/09 were
severe, but our analysis shows that 3i has greatly reduced its risk profile since then. We
project a 20% decline in Sep NAV vs Mar to 281p and therefore believe the sell-off is
overdone. On valuation grounds we upgrade to 1-Overweight but cut our target price
to 270p from 333p, reflecting NAV revisions.BE
Excessive P/NAV discount of 0.58x: 3i's 38% sell-off of ytd has seen the share de-rate
from 1.0x at the start of the year to the current 0.58x. Ex the 3i Infrastructure stake
valued at 1x, adjusted P/NAV is even lower at 0.54x. This is despite management
showing a small improvement in recent transaction activity and projecting a 15%
medium-term ROE target.NH
so nothingNH
it's performed badlyNH
buy itNH
because it's cheapNH
on the day it could get kicked out of the indexNH
jeez

[salpara111] 23/8/2011 15:06

Last NAV per share quoted at 340p in May....talk about a discount!
Surely this must be a bargain at 200 even allowing for potential impairments.

[essentialinvestor] 18/8/2011 17:04

Looked at this earlier today, bleak imv.
Director do not appears to be buying the dip either,
having bought much higher up.