Hg Capital Share Discussion Threads

[cottlet] 11/11/2024 13:00

jump up today.........whats up?

[yogi] 01/8/2024 13:06

Premium well and truly established today. Wonder is anything interesting cooking.

[robsy2] 31/7/2024 19:23

Super trust. So happy to have held and added.

[makinbuks] 31/7/2024 16:15

Yes, the premium has been re-established. I'm slightly surprised as the announcement read very well but nothing outstanding or game changing. Presumably its about confidence over realisations and the market for transactions returning. anyway this remains a great company

[yogi] 31/7/2024 15:31

Strong response today post yesterday's results.

[milesy] 10/7/2024 19:04

Some of the quietest boards are in the most profitable buy & hold stocks.

[makinbuks] 10/7/2024 11:22

Yes 3 in 10 days is some going. Clearly PE is back

[robsy2] 10/7/2024 06:53

They are banging out the deals at the moment and the exits are all above carrying values.
HGT are in a sweet spot.

[joey52] 05/3/2024 22:56

Same here, held since 2016 when they were £14.50 through the share split 10 for 1 at £21.50 in 2019 and now an all time high. If only others had performed as well.

[steve c1] 05/3/2024 19:40

All time high here. My best performer over the past few years and I don't see any reason for that not to continue.

[rambutan2] 11/2/2024 22:05

Interesting chat with the chairman:



I'd think that the two larger software centric PE cos he refers to are:



and

(which is where the mentioned Alan Cline came from, hired to head up the N American push )

[skyship] 04/2/2024 16:19

??? Ticked up in December....but hasn't moved an iota over the past 5weeks.

[robsy2] 02/2/2024 08:51

This has been ticking up nicely of late.

[rambutan2] 24/1/2024 21:43

Prob because they were a minority holder.

[makinbuks] 24/1/2024 09:27

Fair enough, thanks for allaying my fears. Still strange then that they didn't trumpet those returns in the normal way

[rambutan2] 24/1/2024 03:38

And in June 22 they refinanced and took out cash.
As at end Sept 23 residual cost was £27.384m.

[tudes100] 24/1/2024 00:44

Argus was bought for 34.9m in 2020

[rambutan2] 23/1/2024 16:03

Hmmm, all of that is incorrect. HG have doubled their money in 4yrs, and then sold their position back. And Argus is doing just fine and ready for a new expansion phase. A classic HG investment.

[makinbuks] 22/1/2024 09:45

No mention of ROI indicating it was poor. Very unusual for the owner to buy back the PE stake. Clearly something wasn't working. None the less, a genuine exit at above NAV always welcome and reading between the lines probably a good outcome for something slightly problematic

[joey52] 25/12/2023 13:42

Saw this today

HG latest windfall from sale of Argus Media stake

hxxps://news.sky.com/story/hg-lands-latest-windfall-from-sale-of-argus-media-stake-13037318

[riverman77] 19/9/2023 14:49

Looking through results just now - all looks very impressive although the lofty multiples they use to value portfolio (26x EBITDA) does raise a few eyebrows.

[mortimer7] 19/9/2023 14:37

A single £670k buy this morning, and still no share price uplift.

[bathcoup] 18/9/2023 14:38

A 20% cut in H1 dividend doesn't help

[mortimer7] 18/9/2023 07:55

Results today: NAV per share 473.3p, +4.7%.
Thought the share price would be flying!