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Share Name Share Symbol Market Type Share ISIN Share Description
Icg Enterprise Trust Plc LSE:ICGT London Ordinary Share GB0003292009 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 1,204.00 1,200.00 1,204.00 1,204.00 1,204.00 1,204.00 10,239 11:25:31
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 6.0 2.1 118.1 10.2 830

Icg Enterprise Share Discussion Threads

Showing 201 to 225 of 225 messages
Chat Pages: 9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
06/9/2021
14:09
Big of a marginal call.
its the oxman
06/9/2021
14:01
Just sold half. Discount closed a bit. Switched into hvpe. Still very positive for long term here.
its the oxman
06/9/2021
13:56
oxman i 've been watching this one to invest - so I am wandering why did you sell
ali47fish
06/9/2021
13:22
Sold 1222p
its the oxman
01/9/2021
18:18
Nice close pushing up tight toward 1200p
its the oxman
11/8/2021
17:53
If Chewy can keep some momentum back above 90 dollars that will help as well.
its the oxman
09/8/2021
09:39
Legs for 1200p possible here. Can't see too much beyond that until next nav update.
its the oxman
03/8/2021
15:17
U-POL is expected to generate approximately $145 million in annual sales in 2021, with an adjusted EBITDA margin of about 26%. We expect about $10 million of operating synergies to be realized over the next 18 to 24 months. And we expect a mid-teens 5-year IRR from the transaction. U-POL is expected to grow at rates faster than the core Axalta business over the period due to a strong pipeline of new products as well as benefiting from Axalta's global commercial infrastructure. The transaction is expected to close around the end of the third quarter or early in the fourth quarter.Axalta continues to drive improvement within all aspects of ESG. And we made solid ongoing progress in each aspect of sustainability during the second quarter. We continue to be a leader in the coatings space in our ESG scores, including strong ratings from IFS as well as receiving a AA leader rating from MSCI. We recently completed an ESG materiality assessment across all our key stakeholders and working to set new ESG goals that we look forward to sharing around the end of 2021. In the meantime, we continue to focus on our industry-leading waterborne coating systems, which improves sustainability, were adopted by customers globally, as compared with traditional paint systems.Moving on to business conditions. Second quarter demand conditions remained robust across most global industrial coatings markets, and the Refinish recovery also continued as anticipated. Refinish demand benefited from reduced COVID-19 restrictions in many countries where those restrictions were in place through the first quarter as well as the global increase in vaccinations, translating to improved Mobility and vehicle traffic. Refinish net sales increased 16% sequentially versus the first quarter, with net sales 3.5% higher than 2019 despite business volumes still below 2019 levels by roughly mid-single digits, with more room for upside before we return to normal conditions in that market.Industrial end market demand remained robust across nearly all end businesses and geographies. Industrial saw net sales growth increase by double-digits sequentially from both the first quarter as well as the comparable quarter in 2019, underscoring strong underlying demand, coupled with ongoing organic growth initiatives playing out positively for the business.Despite demand in excess of our original budget forecasts, further upside near term to sales forecasts could be hindered by constrained raw material availability in some areas and consistent with the dynamic in the second quarter.Light vehicle demand conditions are also solid at an underlying level, with strong retail vehicle sales in most regions, though auto production has been aggressively throttled back due to the ongoing semiconductor chip shortage. Vehicle production forecasts have continued to ramp down as the full realization of the magnitude and potential duration of the semiconductor supply situation has become apparent. There were approximately 5 million vehicles removed from the global full year forecast recently, including 2 million vehicles removed from the forecast during the quarter itself. This compares to the 1 million we had assumed in our original outlook for second quarter provided back in April.For the full year, we're now assuming production delays totaling around 7 million units versus our original assumption in April of approximately 2.4 million units. Looking forward, our assumptions have been reduced to assume no appreciable improvement in the supply situation through year-end and which could potentially continue into 2022 according to some forecasters. This revised assumption is now included in our updated full year 2021 earnings outlook.Commercial vehicle underlying demand remained robust through the quarter, with notable strength in North America, particularly with heavy-duty truck orders remaining firm in recent months. The strength in commercial vehicle reflects the broader global industrial recovery and is expected to continue near term. Axalta net sales were strong, though moderately impacted in the quarter by a customer strike. China remains the exception, with lower production expectations, though Axalta does not have significant sales in the China truck market currently.Regarding cost structure, the second quarter witnessed substantial variable cost inflation coming from oil and propylene benchmark materials as well as inflation in packaging, freight and logistics. The magnitude of this inflation as well as a lack of any previously expected relief has exceeded prior forecasts. And we now expect full year 2021 inflation headwinds around mid-teens versus the prior year at the variable cost of goods sold level compared to our previous assumption of high single-digits. We're working actively to offset inflationary cost pressures via a combination of incremental pricing actions as well as a focus on additional cost and productivity actions.
lomax99
03/8/2021
13:34
Bit of catch up kicking in today , 1112p bid.
its the oxman
29/7/2021
07:44
Chewy up nearly 5% last night.
killing_time
28/7/2021
21:58
Share buyback should help nudge nav up another 0.5% to just under 1430p I think. More helpful, Chewy also showing some recovery.
its the oxman
28/7/2021
08:58
Makes sense for them to buy back any large blocks available at under 1100p. Directors have bought as high as 1122p.
horseyphil
28/7/2021
07:28
Quite a big share buyback. Hopefully removes a seller.
18bt
27/7/2021
15:55
Indeed, looks like a breakout from a fairly prolonged consolidation Discount still 23.7%, MACD just turning up, so could see these running to 1200 in the near-term: free stock charts from uk.advfn.com
skyship
27/7/2021
14:32
why the big move today and chart suggests a breakout ?
arja
23/7/2021
10:23
Hopefully this will get behind the paywall https://www.investorschronicle.co.uk/ideas/2021/07/22/private-equity-rewards-with-less-risk-via-icg-enterprise/
horseyphil
23/7/2021
09:54
horse any chance of a link to the IC note please!
ali47fish
23/7/2021
08:24
The combination of the tip in this week's Investors Chronicle and dividend reinvestment should see the price rise in the next few days.
horseyphil
08/7/2021
00:28
Crazy discounts on these vcts have persisted for years unfortunately - though unusually wide at present - but agree they really should close down, c.10-15% seems plenty for the quality operators like icgt. One day maybe.
its the oxman
07/7/2021
15:34
Another very positive update - U-Pol sold at 128% (!) uplift to carrying value. Utterly ludicrous that this is still trading on a 25% discount.
riverman77
28/6/2021
18:36
26% discount, excessive for icgt. And chewy also recovering a little.
its the oxman
28/6/2021
15:53
Friendless at the moment despite all the insider purchases. What does the market know that the insiders don't? Buybacks at these levels would seem to make a lot of sense.
horseyphil
22/6/2021
10:24
Surprised they're not buying back shares at sub 1100.
horseyphil
22/6/2021
09:34
Back to 1100p surely. Hefty discount persists.
its the oxman
21/6/2021
15:56
NAV up 1.6% to 1402p Q1 Div up 1p to 6p Div now 2.57% at share price of 1050p
killing_time
Chat Pages: 9  8  7  6  5  4  3  2  1
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