Icg Enterprise Share Discussion Threads

[skyship] 26/4/2021 13:46

Meantime - ICGT going nicely at 1113p.

NAV guesstimates for Wednesday anyone?

[arja] 26/4/2021 13:23

must be linked to market cap I guess skyship. I have an L2 dealer account but even if I used their web based account the same stocks would be excluded I assume .
Just checked and NBPE is on IG list but guess what ? yes , my buy order not accepted as get reply " only available for closing deals " ! what a pain in the proverbial .
I wonder if same rule applies to a few of the others you mention and accendo might operate differently from IG

[skyship] 26/4/2021 12:20

arja - that's strange. I play CFDs with Accendo, which uses the IG platform. But I was unable to buy NBPE there as not on their list! HVPE, ICGT, PEY, PIN & SLPE all there - but not NBPE. Very annoying.

[arja] 26/4/2021 09:05

SLPE is another with a great looking chart skyship BUT massive spread and must be really hard to get set .

[arja] 26/4/2021 08:55

will do skyship . well done to pick them up at 1080 and I actually missed it by a few seconds as intended to buy at 1080 offered on my CFD account with OTC trade as the RSP offer was 1085 - what a pain ! I only trade or sometimes hold for a short while with a CFD or spreadbet but IG triple the commissions on none FTSE 250 stocks like NBPE - dam them. Wide spread with NBPE though which I hate ( smile ).

[skyship] 26/4/2021 08:39

arja - take a look at the PE thread and you'll see all the PE trusts, or at least most of them, share the same impressive charts. A steep and remorseless run UP...

I've bought in for a few at 1079.4 & 1080 this morning; having benefited from NBPE's great NAV surge last week.

What do we think the end Jan'21 NAV will be?

1243 Oct'21; updated to 1272.5p after the Telos sale as reported in the Feb'21 Update.

1350 would deliver a 20% discount at 1080p.

[arja] 26/4/2021 08:29

thanks . maybe that is why it has fallen back today after the recent big moves . But such a low volume thinly traded stock ! but a lovely looking chart I must say

[its the oxman] 24/4/2021 20:21

Yep, had a reply from co.

[arja] 24/4/2021 16:23

are you sure as no mention of this on www.investegate.co.uk ??

[its the oxman] 23/4/2021 17:33

Results date confirmed April 28th

[rambutan2] 22/4/2021 21:02

No results out today, so prob out next week. I can't wait!

[18bt] 22/4/2021 11:52

Yes- NB PE is a bit earlier stage and less diverse, but agreed value is being hidden in plain site.

[its the oxman] 22/4/2021 11:18

No doubt nbpe helping today. Evidence of value hiding in these excessive discounts.

[its the oxman] 18/4/2021 23:10

Recent article from hvpe website.Trust discountsMost trusts in the sector are trading today on wide discounts to net asset value while the more mainstream sectors are at par or even a premium. The discounts are perhaps surprising when you realise that the listed private equity sector offers early stage exposure to the kinds of opportunities described above, and that the same private equity groups who manage these portfolios often raise billions of dollars a year from institutional clients away from the public markets.For investors who may be interested in gaining exposure to private equity, one potential concern today is the prospect of a rotation out of growth-oriented technology stocks and into value, that is, unloved traditional businesses trading at low valuations. Were this to happen, however, listed private equity trust portfolios would potentially benefit from another type of exposure that they typically provide: the more mature buyout investments whereby a manager takes a controlling stake in an established business.Many of the investee companies are large enough to be listed on stock exchanges, but their owners have chosen to keep them private rather than file for IPO. Instead, they seek capital injections from private equity managers who offer to partner with management teams and drive value creation over a period of several years, without obsessing unduly over short- term results, as is often the case in the public markets.In private equity, the interests of owners and managers are aligned in pursuit of the best possible outcome for the business. Historic track records indicate strongly that this partnering approach delivers returns in excess of the public equity indices over extended time periods.Good ValueIt might also be said that the listed private equity investment trusts in themselves represent value: they have generally performed well yet are available at wide discounts to their published NAVs.At present, there may be additional latent value in their portfolios, as some of the NAVs are still based largely on valuations last updated at the end of September 2020. This is because valuing private company investments takes time, often resulting in a lag of several months before the latest quarterly figures are included in the fund NAVs.Private companies are often valued with reference to a comparable set of public companies. Given the strong performance that we saw from the public markets in Q4 2020, the December valuations have the potential to drive significant gains.Some brokers are anticipating further NAV upside; increases that may not yet be priced into the listed private equity trusts' shares.

[its the oxman] 16/4/2021 10:04

1134p offered this morning

[its the oxman] 16/4/2021 09:35

Struggling to see why these havent risen a bit more, currency hit perhaps or market just wanting to see confirmation of nav. Did spike to 1100p and market has gone better since.

[its the oxman] 11/4/2021 20:58

Final results date should be end of April but can't find exact date anywhere.

[its the oxman] 01/4/2021 12:10

Loaded up a little under 1000p, hoping for a run to 1200p come results if Nasdaq and wider market can stay robust from here. If not happy to hold long term regardless.

[its the oxman] 31/3/2021 15:42

Hvpe discount has narrowed and still see this on a 10-15% discount if returns are good as US exposure increases.

[its the oxman] 31/3/2021 10:30

Chewy beat earnings last night and should move up strongly. Expect year end nav to be in 1350-1390p range if I had to guess (Chewy was 102 at year end v 60 at Q3). Regardless expect steady nav progress and sub 1000p looks pretty compelling to me c.30% discount. Guess we have been caught up with US tech sell off and bit of growth profit taking. Nice opportunity I think to top up. May bounce strongly from these levels come results and nav update.

[brexitplus] 30/3/2021 14:32

Will you be adding in the new tax year?