3i Share Discussion Threads

[scottishfield] 06/12/2018 17:19

Mmm, interesting buying today at and after the bell.

[chc15] 16/11/2018 15:56

Some decent Director buying, firm hold for me.

[jerseyman1] 15/11/2018 18:08

I can't understand this fall today. Good set of results, increased dividend, lots of cash to invest, 3i Infrastructure doing really well. Only small blip was Action slowing its store openings at end of 2018 due logistics issues, but still growing incredibly fast and profitably. Maybe because Action is a big chunk of 3i value it got clobbered. Overdone, very happy to be invested here.

[chc15] 15/11/2018 17:56

Don't understand why this was battered so much, buying opp I think.

[scottishfield] 15/11/2018 17:21

Yes, I was in retrospect, too soon. I shall add.

[truffle] 15/11/2018 13:01

I too regard it to a large extent as a European play, so happy to hold.
Good businesses, good management etc. etc.

[riverman77] 15/11/2018 12:20

Yes I can see uk focused stocks are getting hammered, but don't see why this should effect 3i - its predominantly European businesses, not directly effected by events in the UK.

[hawaly] 15/11/2018 12:12

What's going on is "events"......

[riverman77] 15/11/2018 11:57

Any ideas what's going on here? Flicking through the report, I get the sense that Action is perhaps expanding a bit too rapidly? Adding another 250 stores and now experiencing a few supply chain issues. It is around a third of nav and priced on quite a punchy multiple of 16.5 - I guess the fortunes of 3i are therfore very closely linked to Action. Not a holder so don't have strong view on the merits of the Action business, but this is now trading close to nav so on my watchlist.

[dplewis1] 15/11/2018 11:06

Should have waited..

[scottishfield] 07/11/2018 11:46

V quiet thread. I'm buying around these levels.

[danieldanj] 31/7/2018 22:22

3I Group (III) Earnings-Reaction to Keep an Eye

[greenrichard] 12/7/2018 07:52

Service Interruption
We are currently experiencing systems issues due to an external interruption, support teams are working to restore services as quickly as possible. This is a service interruption issue which we are monitoring closely.

[chc15] 28/6/2018 15:32

Down again, how much further or buying opp now?

[jerseyman1] 27/6/2018 12:11

Agreed Truffle. Can't fathom the short term share price when everything longer term looks good

[jerseyman1] 26/6/2018 11:12

Thanks H2. You could be right about the reasons, trade wars unlikely to have direct impact on 3i but may be caught in FTSE crossfire. Picture in Europe still confusing at economic level, growth appears to be back generally but Germany not too confident it will be sustained. Real political mess in Germany, Italy and big issues in Turkey and Greece. Could be more prosaic reason, just some profit taking combined with general turndown in world markets due The Donald's latest attempt to fabricate a crisis followed by his actions fixing it, so he can be seen as heroic, in his mind at least.

[hydrogen economy] 26/6/2018 02:43

Jerseyman

I would think that the shift in sentiment about European growth with lower PMI and GDP numbers plus the post election worries about Italy are hitting 3i share price Doubt 3i would be directly hit by US tariffs, but any knock on impact to the economy is likely to hurt 3i. Their holding in Weener plastic is probably suffering from environmental pressures like RPC and others.

Early in the year many commentators were flagging Europe as a good recovery play, don't hear that much now! 3i is still on a 31% premium so is vulnerable to big reverses when the mood swings.

Personally I think longer term 3i will continue to do well and current negative sentiment will be a top up opportunity but there may be more fall to come first.

GLA H2


H2

[jerseyman1] 25/6/2018 15:07

Any ideas as to why 9% drop in share price in last month after good results and increased dividend, and increased Soc Gen TP? Contrary? Don't understand

[jerseyman1] 16/6/2018 21:02

Thanks Truffle, good news.

[truffle] 14/6/2018 18:41

Socgen have reconfirmed 3i as a buy, and increased their target price from 1020 to 1130

[yes yes] 07/6/2018 07:13

log in problems this morning?

[jerseyman1] 30/5/2018 18:21

Thanks for that JontyoneIn general terms it's difficult to know when to sell at it near the top. In the case if Action I really hope that 3i get it right, as this is a huge holding in the overall portfolio. But I guess they will take comfort from Bridgepoint's success with holding Pret a Manger for a long time, and making big money multiple return.