Augmentum Fintech Share Discussion Threads

[riverman77] 11/11/2022 09:56

Still not moved, while other venture funds absolutely flying - GROW surging, and even CHRY up strongly too. Has to be incredible opportunity to add before market wakes up - indeed took a large position today at under 90p

[riverman77] 09/11/2022 15:43

Continues to be incredibly weak and not seeing any recovery, unlike some of its peers - GROW up more than 50% from its lows (although admittedly had fallen further}. Good quality portfolio and a fairly prudent approach so think this is worth sticking with. Feels it just needs a trigger to bring it back to life - a tip or some positive news.

[aqc888] 31/10/2022 21:37

Good portfolio, good record. I’m optimistic when the market changes Augmentum will outperform the market significantly

[arja] 30/10/2022 19:34

might just be about to turn and Ibelieve it is quite diccoubt to NAV.

[makinbuks] 18/8/2022 12:14

Good to see, also the £61m cash in a fund valued at £196m is defensive

[jonwig] 18/8/2022 07:01

Telegraph's Questor column is a buyer this morning:

Concludes:

This is one to buy for the long term. It may take time for the market to realise that Augmentum’s NAV is resilient, but hopefully our patience will pay off.

[rimau1] 06/7/2022 15:34

Thats me out, back on the watch list for any volatile falls. My portfolio has suffered lately so a 25% one week return is too tempting! Class operation, love Tide in particular and i will be back in on any market related drops.

[rimau1] 05/7/2022 07:33

Nice write up from Simon Thompson yesterday explains the further bounce, nothing new in his article just reiterates the unwarranted fall. Capital Markets day tomorrow where i expect the portfolio companies to emphasise their counter cyclical nature i.e the fintech holdings are well capitalised and products remain in high demand during a recession.

[ram376s] 04/7/2022 10:40

gdr share. Popish

[rimau1] 04/7/2022 07:38

NAV of £1.55 before the external market meltdown, so even if we take the 2021 NAV of £1.30 the recent markdown is unjustified. £60m of cash means no further raises and plenty of firepower to deploy cash at lower prices whilst the top 10 holdings are profitable or have a cash runway of 17 months or more.
I tucked these away last week under £1 and will add on further downwards volatility. Target price £1.30

[rimau1] 28/6/2022 12:51

Nice quiet BB given the volatile upwards move yesterday. I took a position as i have been watching this for ages. Noticed a similar swing down during the covid crash before a gradual recovery back towards NAV. I expect management to be bullish in the upcoming results and presentations - AUGM’s biggest holdings are all companies that will continue to grow in recessions.

[jonathb] 23/6/2022 12:49

Yeh that's what I though. -16% later ouch. Dunno what todo here. Obviously in this env there's a growth-nausea momentum. At some future point that might eventually be a long opportunity. I get a queasy feeling as Brad Pitt said in that hokey tank movie, "a lotta guys gonna die between now and then".

[strollingmolby] 08/6/2022 15:13

Tim Levene speaks to Investors Chronicle in this podcast -

Episode Description
Fintech has boomed in recent years but a flood of money into the sector has spurred concern that some companies will struggle to grow into lofty valuations as the economic environment gets more challenging.

On the podcast this week, Tim Levene, chief executive officer at Augmentum Fintech (AUGM) tells the IC’s Mary McDougall how he avoids overpaying for companies, how he’s helping them prepare for tougher fundraising conditions and how the invested part of the fund has achieved an internal rate of return of over 20 per cent since its launch in 2018.

They also discuss what threat neo brokers pose to traditional investment platforms, the prospects for digital assets and to what extent the Wirecard scandal has cast a shadow over the German fintech scene.

Augmentum Fintech is the only publicly-listed fintech fund in the UK, with assets of £267mn invested across 24 holdings in the UK and Europe.

[aqc888] 08/3/2022 09:03

Started buying back in again today. Given most of augmentums portfolio includes companies which save consumers and businesses money, I can see Augmentum doing well in the current environment. Also given the sale of ii there will be plenty of funding to support the current portfolio.

[aqc888] 07/3/2022 10:44

Starting to get tempted to buy back, however this has further to fall. I think there will be a ‘freak out’ moment in the next month where the price of everything will plummet further. Looks good value now, but I suspect this will drop to 80p, think I will start buying back in at just over 100

[aqc888] 01/3/2022 17:44

I’d say most crisis’ take the same path… be it the financial crash in 2008 or the pandemic, or 1914 in the article from my post in sylvanian. A worrying situation develops, there’s a reaction and high volatility. Then something happens which causes mass panic and market free falls. - a great article I read, which I might post if anyone is interested looked at these crises from a psychological view, which makes the point that our human reaction to these events makes us feel they are worse than they really are. So when it feels like the end of the world is about to happen with maximum panic. That’s when to invest - easy to say. But I fully expect that moment to happen again, let’s just hope we don’t get vaporised shortly after!

[aqc888] 01/3/2022 17:32

Augmentum is holding up better than I would have expected so far. Personally, from my view I think this Russian situation will escalate before it gets better. I’m pleased I sold large chunks of my portfolio weeks ago before all this started. We have yet to see a reaction from Russia. My posts from the Sylvanian board on 16&18th February were pretty accurate in my humble opinion! ;)

[trekker60] 28/2/2022 17:12

FWIW, as far as I can see, AQC888's recent AUGM posts have in fact been pretty much on the money, at last as far as share price short-term direction of travel is concerned.
But either way, not sure what calling someone a 'total loser' really adds to anyone's knowledge base. Hopefully this 'chat' board is not going to degenerate into another 'slagging off' board - there are enough of those around already!

[aqc888] 27/2/2022 21:12

??? What a bizarre fruitcake

[quepassa] 27/2/2022 11:11

Thank you, Marty.

Wise words/ good advice.

[aqc888] 27/2/2022 08:37

I’ve seem to have gotten myself a stalker from the Kromek chat. I should be flattered I suppose

[quepassa] 26/2/2022 06:50

AQC888 is always one sided and never answers questions. Just repeats the same infantile comments again and again. He’s been a plague on the Kromek board for 9years. Always makes wrong calls. A total loser too looking at his history of investments.