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SLPE Abrdn Private Equity Opportunities Trust Plc

512.00
0.00 (0.00%)
16 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Abrdn Private Equity Opportunities Trust Plc LSE:SLPE London Ordinary Share Ordinary Shares
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 512.00 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
508.00 512.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 512.00 GBP

Abrdn Private Equity Opp... (SLPE) Latest News

Real-Time news about Abrdn Private Equity Opportunities Trust Plc (London Stock Exchange): 0 recent articles

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Date Time Title Posts
23/4/202215:36Standard Life Private Equity Trust74

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Abrdn Private Equity Opp... (SLPE) Top Chat Posts

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Posted at 14/3/2022 12:10 by riverman77
Very healthy increase in NAV in Feb. Share price been pretty weak recently and now just about the cheapest of the vanilla private equity trusts, even more so after todays uplift. Discount tends to randomly move between 25 and 10, so if you can buy now on over 30 discount it look a pretty safe bet for a re-rating before too long.
Posted at 08/3/2022 08:52 by skyship
SLPE (presumably soon to be APEO) has always traded at a narrower discount than its peers BPET, ICGT, HVPE, NBPE & PIN. Closer to the discount level of PEY.

Now however the share price is massively oversold and out on a limb at a c36.5% discount versus peers above of c32.5%.

I went to buy at 420p; and pushed the button on 409p!

Went back for more, but next up 420p. Still a 35.5% discount.
Posted at 27/1/2022 08:18 by speedsgh
Estimated NAV at 31 December 2021 -

Standard Life Private Equity Trust plc ("SLPET" or "the Company") announces its estimated net asset value ("NAV") at 31 December 2021

~ Estimated NAV at 31 December 2021 was 655.5 pence per share (actual NAV at 30 September 2021 was 673.8 pence per share)

~ SLPET paid GBP39.8 million of drawdowns and received GBP16.5 million of distributions during the month of December

-- One new primary commitment and one secondary sale completed during the month of December
-- Utilisation of the syndicated revolving credit facility for the first time
-- Outstanding commitments of GBP518.0 million at 31 December 2021

SLPET's valuation policy for private equity funds and co-investments is based on the latest valuations reported by the managers of the funds and co-investments in which the Company has interests. In the case of SLPET's valuation at 31 December 2021, excluding new investments, 96.8% by value of the portfolio valuations were dated 30 September 2021. The value of the portfolio is therefore calculated as the 30 September 2021 valuation, adjusted for subsequent cashflows over the period to 31 December 2021.

Estimated NAV

At 31 December 2021, SLPET's estimated NAV was 655.5 pence per share (estimated net assets GBP1,007.8 million), representing a 2.7% per share decrease from the actual NAV at 30 September 2021 of 673.8 pence per share (actual net assets GBP1,036.0 million). The 18.3 pence decrease in NAV per share reflected losses arising primarily from a 2.4% depreciation in the euro versus sterling over October to December, in addition to the third interim dividend payment of 3.4 pence per share, which was paid on 29 October 2021. The cash cost of the third interim dividend was GBP5.2 million.

[continues]
Posted at 27/1/2022 08:10 by speedsgh
Annual Financial Report -

PERFORMANCE HIGHLIGHTS TO 30 SEPTEMBER 2021

· Record annual NAV growth, ahead of the FTSE All-Share index - The Company's NAV total return*+ ("NAV TR") was 37.9% (2020: 11.7%) versus 27.9% (2020: -16.6%) for the FTSE All-Share Index ("FTSE All Share TR"). This was the highest annual NAV TR in the Company's 20 year history. The share price total return ("TSR")*+ of 60.6% also outperformed the comparator index despite the strong performance in the public markets in 2021. The Company hasdelivered returns in excess of the wider UK market over all time frames.

· Over-commitment ratio is at the lower end of the long-term target range of 30% - 75% - Total outstanding commitments of £557.1m (2020: £471.4m). The value of outstanding commitments in excess of liquid resources and the undrawn loan facility as a percentage of portfolio NAV was 32.5% (2020: 30.9%1).

· Co-investment increasing as a proportion of the portfolio - Strong annual deployment and growth in the existing co-investment portfolio has resulted in co-investments equating to 11% of the portfolio at year end (2020: 5%). The co-invest portfolio stands at thirteen portfolio companies (2020: three portfolio companies).

· Strong balance sheet providing firepower for future investment - The Company had cash and cash equivalents of £29.7m at 30 September 2021 (2020: £33.1m). In addition, SLPET had an undrawn syndicated revolving credit facility of £200.0m (2020: £200.0m) .

· Rebound in investment activity following the global pandemic, focused on non-cyclical strategies - In total, £307.1m (2020: £140.0m) was committed during the year to eight primary fund commitments, two secondary transactions and ten co-investments . Most new investments have a Technology or Healthcare focus and so are expected to increase the Company's exposure to these sectors over time.

· Record year in terms of realisations, the highest annual total in the Company's history - The portfolio continued to generate strong realisations during the year, with distributions of £198.7m (2020: £140.7m). Distributions reflected a relatively quick return to private equity deal-making and exits once the initial impacts of the global pandemic were overcome.
Posted at 15/12/2021 08:04 by bramcych
Good 8.5% increase in NAV, are you back in Skyship? However share price already higher this morning...
Posted at 18/8/2021 11:39 by jaws6
doceo are also running a competition to win £5000 for registering on the site. All existing users are automatically entered.

and SLPE is there too
Posted at 13/8/2021 06:44 by skyship
Estimated NAV at 31 July 2021 was 559.3 pence per share (estimated NAV at 30 June 2021 was 566.6 pence per share).

Decrease due both to the dividend and a weakening Euro.

IMO the Euro aspect will continue to provide headwind here; so now out of these on the recent very nice bounce from an anomalously oversold position.
Posted at 10/4/2021 09:48 by spangle93
AGM review presentation is here



Figures are to Sept 2020, but there is also some commentary on the period since, e.g. NAV has risen 3% in the 5 months since but share price has risen 30% !

Only 2 of its top 100 - 1 restaurant, 1 leisure - has had significant lasting impact from CoVid. Most were temporary at most
Emergence of technology and health over the last 10 years from 14% to 39% now
Posted at 26/1/2021 07:21 by spangle93
Standard Life Private Equity Trust plc ("SLPET" or "the Company") announces its estimated net asset value ("NAV") at 31 December 2020

-- Estimated NAV at 31 December 2020 was 488.7 pence per share (actual NAV at 30 September 2020 was 501.0 pence per share)

-- SLPET received GBP24.2 million of distributions and paid GBP20.3 million of drawdowns during the month of December

-- The Company had cash and cash equivalents of GBP50.2 million at 31 December 2020. In December, the Company received the remaining deferred consideration of GBP15.1m, relating to investments sold in 2019.



Discount remains, but from the annual financial report, a great track record of growing NAV annually
Posted at 12/1/2021 19:13 by spangle93
From another source today, but not sure when the research was done

Outside global trusts there are other discount opportunities. Winterflood picks out Standard Life Private Equity (LSE: SLPE) as a candidate.

Winterflood points out that, in common with other private equity trusts ,SLPE had a roller coaster of a year, with its share price falling 40% at one point. However, it benefited from the market recovery that took place from the end of March onwards and ended the year in positive territory, up 20%.

“Despite this, the fund is currently trading on a 25% discount to its latest NAV. We believe this represents a significant value opportunity given the fund’s strong long-term performance record, the quality of its investment portfolio, which reflects the team’s well-established selection process, and the strength of its balance sheet,” says Winterflood.
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