Icg Enterprise Share Discussion Threads

[arja] 30/4/2021 15:10

my pleasure Livingstone20 . I only trade using CFds as you know but IG will not allow me to open a position in PSH or HVPE but I have a spreadbet account and can buy on that . A pain in the proverbial !

[livingstone20] 30/4/2021 09:53

Thanks Arja. That’s a coincidence as PSH is my largest holding and ICGT presently my second! Will check out HVPE.

[livingstone20] 30/4/2021 09:51

Whilst the end Jan NAV reported last week was a good improvement, I note the FTSE250 has gone up by another 11% from that date. Whilst private valuations often difficult to guess, those comparables give me some encouragement that next quarters NAV could also improve.

[arja] 30/4/2021 08:58

livingstone ,
I think HVPE and PSH are ones to look at .

[arja] 29/4/2021 20:41

skyship ,
yes , i only have CFD accounts for years although opened a share account today to trade aussie shares as special offer of commission free for 6 months and rare for
firms to give active clients a favour ! ( smile ) . No SD in OZ since about 1995 when GST introduced
and , as you say , SD makes day trades not worth it most of the time . It did weaken at the close to go under 1100 but I was on way home . Us markets recovered quite a bit since UK close and ICGT might well open higher on friday . Good luck

[tonio] 29/4/2021 17:09

Nope, for an investor -as Graphite it doubled in 5 years from 2002, in its revised form as ICGT it doubled in a year from its low last Spring. Over time it's provided long-term investors with quite good returns. For a hobby investor who doesn't need to make a quick buck it seems quite a good IT -worrying about short-term chart behaviour isn't a concern really -is the underlying modus operandi a good one - it seems so - to date:-)

[livingstone20] 29/4/2021 15:36

I have found this type of trust often drift up in weeks after Nav as the new Nav and discount goes in to all the data services. Some of the funds/folks that trade on investment trust discount narrowing strategies may start to see opportunity over next week or two. Fingers crossed anyway!! I am going to hold on for that.

Anyone got any other similar opportunities where the Nav uplift has trailed the market? Bpet did similar for nice spike last month. Struggling to find a 3rd with same characteristics.

[skyship] 29/4/2021 11:15

Arja - problem is having to pay the 0.5% stamp duty; or perhaps you are CFD trading.

[arja] 29/4/2021 10:54

this is getting boring buying at about 1110 level and again selling at 1120 level .
Might try it a 3rd time except that must go to dentist at 1pm ! funny old stock !

[skyship] 29/4/2021 07:33

CHWY @ $81,,,,so that fall from $101 perhaps knocks c25p off the NAV.

[rambutan2] 29/4/2021 04:09

Results presentation:



And full rns:



Note that shares in CHWY were $101 on 31 Jan

[arja] 28/4/2021 15:46

two AIM stocks I think with wide spreads and presumably quite illiquid. But I think you hold for a while and I look for quick trade. Good luck with them skyship.

[skyship] 28/4/2021 15:38

Also sold (1122p) but will hold off rebuying as pretty fully, though happily, exposed to PE...

NBPE my banker still; added to which JPEL & MVI as two interesting high discount specs.

[arja] 28/4/2021 13:45

not sure why but quote is 1108-1114 and I bought a few at 1108.15 with RSP trade ! . Might regret it as something funny going on as I have never seen that happen before

[arja] 28/4/2021 13:32

did sell at 1124 and hoping to re-enter at 1110 level as surely more in this one

[arja] 28/4/2021 08:25

nice move today and tempted to exit for a nice trading profit. But chart is a NOR situation and could go higher albeit one needs patience ! ( smile ) .

[its the oxman] 28/4/2021 08:22

All very positive and as they say, momentum continues. Telos sale should add 30p to next nav update. Hoping we can trend up through 1150p. 1200p may have to wait till next update but you never know.

[18bt] 28/4/2021 07:34

Cracking results, but the makt has to some extent pre-empted. Still 20% discount on new YE number.

[arja] 28/4/2021 07:28

I guess it depends on what was expected and NAV is 2 months old .

[arja] 28/4/2021 07:27

wonder how market will react today as I gue

[skyship] 28/4/2021 07:20

NAV per Share of 1,384p, NAV per Share Total Return of 22.5%1 during the year and 11.8% during the quarter

[brexitplus] 28/4/2021 07:19

Good results.

[arja] 27/4/2021 17:09

so tomorrow is the big day to see if a new ATH will be set or profit taking which started today .

[arja] 27/4/2021 08:55

the worry with this stock is that it is so thinly traded and would be difficult to exit if there ever is a big fall in US indices . Seems unlikely at the moment .i guess punters a bit nervous today ahesad of the results and why a slight pullback .

[its the oxman] 26/4/2021 15:35

Post 132. Similar to you. Should be good I hope. Just difficult to know how much is in the price now. I think quality of portfolio has been improving and argues for a narrowing of the discount to say c.10% and same for hvpe. It should but probably won't happen. Still expecting steady gains here regardless , bar main market collapse.