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DUKE Duke Capital Limited

32.50
0.00 (0.00%)
Last Updated: 07:30:02
Delayed by 15 minutes
Duke Capital Investors - DUKE

Duke Capital Investors - DUKE

Share Name Share Symbol Market Stock Type
Duke Capital Limited DUKE London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 32.50 07:30:02
Open Price Low Price High Price Close Price Previous Close
32.50 32.50 32.50 32.50
more quote information »
Industry Sector
GENERAL FINANCIAL

Top Investor Posts

Top Posts
Posted at 07/3/2024 17:03 by metis20
Very useful to see the Fairmed exit is likely to generate IRR in the high teens. That was not clear to me from yesterday's RNS.

Fabrikat exit at IRR 36% looks to be their 2nd highest exit IRR - see slide 14 of
Posted at 02/2/2024 16:05 by cfro
Why would anybody pay for a ticket to hear a presentation from DUKE when they do loads of presentations to investors all the time free of charge Lol..
Posted at 02/2/2024 15:17 by melloteam
Trading Update from Duke Royalty on MelloMonday
Just to let shareholders and prospective investors know that Duke Royalty, Poolbeg Pharma and Time Finance will be presenting on the MelloMonday webinar on Monday 19th February 2024, starting at 5pm.

There will be over 500 investors attending and these are very popular shows with company presentations, fund manager and investor interviews, and panel sessions.
Tickets are still available and if you would like one at half price then enter the code MMTADVFN50.
Posted at 15/12/2023 11:26 by weaverbeever
An ad in the Times or investors chronicle or doing the podcast circuit would raise awareness
Posted at 05/7/2023 09:29 by cfro
It certainly needs sitting up and taking notice of. Investors champion knows what they are talking about.

However, it's just worth keeping it simple. As long as DUKE pulls the money in at one end then it can pay out to shareholders at the other..
Posted at 01/6/2023 09:16 by cfro
Great update. The monthly and quarterly cashflow is what we as investors should focus on...
Posted at 01/6/2023 09:07 by melody9999
Can't argue with the figures even if some on this thread are focused on what 'might happen'
Normally its companies that promote 'jam tomorrow' and investors that look at the hard numbers!
Posted at 19/5/2023 10:36 by dsct
Hello investors,

I wonder if people could check their Duke holding to see if I've missed something.

I have a spreadsheet of my investments so I can keep my own records, analysis etc.

I've just noticed there is a difference between my spreadsheet cash balance and that showing on my AJ Bell (Youinvest) account.

Going back, I've found the offending item, and it's the Duke dividend on 12/04/22. This now has a 20% tax charge. All other Duke dividends have not had this charge.

I'm not sure why it's only just been changed (from over a year ago), as I'm sure my end of March 23 balance was correct.

Thanks
Posted at 05/4/2023 08:01 by carcosa
BTG,

I have spoken to the company and have always received a professional replies. Some things I have got right and some things I have got wrong.

That is not to say I don't question their rationale or do my 'DYOR'.

I have been invested since 2011 so am quite happy with returns to date.

I had previously addressed your concern regarding company's results timescales in my second to last paragraph in my prior post.

At a Duke level the business is relatively easy to understand but investors should also question the board, question assumptions, question risks. That is in some part the responsibility of investors.

Should an investee company go bankrupt then retail investors should be prepared. i.e. not be entirely surprised (and recognise that Duke themselves have discussed this very point), consider the effect on Duke - whilst a 'blow' it's far from a death knell for Duke - although as with bank runs etc., investors will bail out questioning (rightly or wrongly) the quality of their investees.

The question is why is the share price so low? My view is that it is being seen as a Venture Capital type company; which does provide a large potential upside.

If I was so negative with Duke I would not be invested; but that does not preclude me from examining the negative side of the story instead of burying my head in the ground lol!
Posted at 05/4/2023 07:01 by carcosa
"so other than this Trimite company that is not paying its dues, our other partners are all in the black, right?"

If you go through the accounts of those available in Companies House (see post #896) many of those companies are struggling and those that are not are more or less breaking even. There does not seem to be any outstandingly profitable companies in the visible portfolio.

Many detractors have indicated that the terms of a Duke loan are very onerous and ask why would these companies not go through traditional lending facilities.

Duke have addressed these concerns in the past and in practically all of their presentations. It's up to investors to determine the quality of those rebuttals.

It is perhaps surprising Duke do not have profitable any high-tech companies in their portfolio.

Given Duke claim they do a lot of due diligence, albeit via a third party, the companies do not appear to be of high quality and several depend on Duke to remain in business. Recent investments however eg New Path Fire and Security Ltd do seem to be a step up in quality. So perhaps after DUKE have made a land grab to get them started they are becoming less risk tolerant which may explain why so few deals have been made in the last year or so.

Assuming that the realisable NAVs are lower than accounting standards (which is not uncommon) and that profitable company disposals are like a venture capital company's exit via an IPO. There are certainly significant differences, but overall, it's not too far off the mark.

it would be reasonable for investors to view Duke as a venture capital company (especially given their high equity ownership to the extent they are the majority shareholder in Trimate). Perhaps that could explain why Duke trade well below NAV.

Given companies' house have results that are relatively old for the companies they are to some extent reflecting businesses exiting the COVID era so maybe things are not so bad; but many of those businesses performed poorly prior to COVID.

Fortunately investors have free access to Companies House and therefore can DYOR.

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