Icg Enterprise Share Discussion Threads

[nimbo1] 29/6/2022 10:57

The NAV update doesn't make a lot of sense does it... in an environment where the worlds best companies have lost on average about 30% of their values ICGT think their assets have increased in value? Pull the other one.

[peckers56] 28/6/2022 18:55

1968jon post 258 of 274 re Iweb not allowing purchases of shares. UPDATE. An attendee at the AGM has been in written correspondence with Chairman over this. As a result, ICGT have had several discussions with Iweb and will now be resubmitting their "application". Thus, progress is being made but the end not quite yet in sight.

[peckers56] 28/6/2022 18:46

Today's AGM. Apart from those shareholders attending (i.e. 8 - we were outnumbered as usual!!), facilities had been "meticulously" set up to [A] broadcast the event in real time, [B] allow questions to be texted "live" via an ICGT web page [C] accept phoned-in "live" questions. Chairman somewhat embarrassed when informed by CoSec that nobody was "listening in". Where were you!!!

[tonio] 28/6/2022 18:18

Yes,in a time when stocks with defensive characteristics are being sought you'd have thought ICGT has the proven pedigree to be able to choose those excellent investment opportunities.
Such a pity it so rarely figures in any recommendation to purchase in the press. With its huge discount to NAV and its 2.5% dividend I'm quite happy it's a substantial part of my long-term rather reduced wad of holdings :-)

[riverman77] 28/6/2022 16:12

Very reassuring update. Contrary to many predictions, NAV has proved resilient to the wider market turmoil. The key point for me is that realisations are still seeing a decent uplift (of around 23%). A 40% discount makes no sense at all. They also state that recent volatility has created some excellent investment opportunities to power the next phase of their growth.

[rik shaw] 28/6/2022 14:44

Q1 Update for the three months ended 30 April 2022

NAV per Share Total Return of 4.5% in the first quarter;

27.9% in the last twelve months
Highlights

-- NAV per Share of 1,761p (31 January 2022: 1,690p),
NAV per Share Total Return of 4.5% during the
quarter; 27.9% during the last twelve months

-- Portfolio Return on a Local Currency Basis during the
quarter of 2.0% (Sterling return: 5.2%); 30.2% during
the last twelve months. Portfolio valued at GBP1,244m
on 30 April 2022

[peckers56] 27/6/2022 17:29

AGM also tomorrow at 15:00. Will be attending

[novision] 27/6/2022 17:19

Q1 results tomorrow...

[novision] 27/6/2022 15:32

Direct link to annual report

[deadly] 27/6/2022 14:56

7% rise today so far, on no news.

[ga_dti] 23/6/2022 07:31

Hardman & Co interview discussing their latest report 'FY22: you couldn’t ask for more’

[skyship] 12/5/2022 08:20

NBPE Apr'22 NAV shows a 4.1% fall in $terms; a slight rise in £terms.

[spangle93] 12/5/2022 08:19

There's always that lag in NAV meansurement though. Discount is 40% against a number that reflects a different time

[its the oxman] 12/5/2022 08:10

Good results , nice div to collect at this level as well. Sentiment is on the floor and discount c.40% so probably time to buy.

[rik shaw] 12/5/2022 07:53

Preliminary Results for the twelve months ended 31 January 2022

Highlights

-- NAV of GBP1.2bn, equal to NAV per Share of 1,690p (31
January 2021: 1,384p)

-- NAV per Share Total Return of 24.4% in the year
(FY21: 22.5%)

-- Portfolio delivering strong performance: Portfolio
Return on a Local Currency Basis of 29.4% (Sterling
return 27.6%)

-- Realisation Proceeds of GBP333.5m, including
GBP210.5m from 54 Full Exits at an average Uplift To
Carrying Value of 36.3%

-- Executed on an attractive investment pipeline:
GBP303.7m of investments in the year, 61.1% into High
Conviction Investments

-- Fourth quarter dividend of 9p per share brings full
year dividend to 27p, an increase of 12.5% on FY21
(paid on 22 July 2022 to shareholders and on the register at the close of business on 8 July 2022.)

-- Focus on investing in companies with defensive growth
characteristics positions ICG Enterprise Trust well
to navigate uncertain market conditions

[rambutan2] 07/5/2022 20:15

Ok, got a confirmed date now, results will be issued on thurs ie 12th.

[mancman1] 03/5/2022 16:16

oops - Interactive Investor!

[mancman1] 03/5/2022 15:43

I have been regularly topping up on these in my ISA with Interactive Brokers. My last purchase was a month ago, and I should be buying some more tomorrow. I have checked my account and as far as I can see tomorrow's purchase will still go ahead.

[1968jon] 03/5/2022 12:07

strathroyal, I have emailed the company and they are investigating. To their knowledge they have not "changed anything to prevent retail investors from investing in ICG Enterprise Trust". From previous experience Iweb certainly can be a bit strict/odd/difficult when it comes to PE ITs.

[strathroyal] 03/5/2022 11:57

I had previously bought this through my ISA provider but they have also stopped offering it. When I called them for a webchat, I was given the same reason, no longer available to retail investors.

[1968jon] 03/5/2022 11:09

I own a chunk of these in a professional portfolio but was unable to add some this morning in an ISA in my own name with Iweb. They say that the KIID changed on the 10th of February and that retail investors can no longer buy the stock. (They do not provide services to professional clients apparently so I cannot go that route with them). Anyone else heard this with Iweb or other providers?

[skyship] 28/4/2022 16:56

Finals s/b end April - so tomorrow perhaps.

[rambutan2] 28/4/2022 15:42

Oops, got that wrong! Can't be far away though...

[rambutan2] 27/4/2022 21:51

Prelims out in the morning. Despite the best efforts of CHWY, nav should be up by at least 5% I would have thought. Am less sure it will have much effect on the share price/discount as Mr Mkt seems to have settled on 30% being a reasonable mark across the sector.