Icg Enterprise Share Discussion Threads

[horseyphil] 30/3/2021 09:10

If it's still at this level when the new tax year starts, I'll be adding too.

[its the oxman] 29/3/2021 20:44

Added today c.1000p, come back too far, and looking forward to year end results and a push toward and hopefully through 1100p.

[its the oxman] 12/3/2021 22:01

We briefly touched 1100p this week, should be back there soon.

[horseyphil] 24/2/2021 17:45

Anything <1000p has to be a good buy. Telos sale looks to have been well-timed.
Price usually rises just after the dividend is paid (next 5th March). I think that's because some hold through the old F&C, now BMO, and they offer a dividend reinvestment program. Since no treasury shares are issued, the MMs generally mark it up at divvy time.

[lomax99] 24/2/2021 16:55

Did likewise

[riverman77] 24/2/2021 16:02

Rather inexplicable fall in last few days. Very strong recent updates, NAV should be 1272 as at end of October if including the uplift from recent realisation.

[its the oxman] 24/2/2021 13:47

Added a few

[horseyphil] 18/2/2021 09:45

Suspect that any drop below 1000p will trigger buy backs, especially as they are flush with the Telos cash, so that's probably the floor.
Jan year-end results will be published at the end of April, and they will be good.
Will be disappointed if we don't see 1100p by the time of the final dividend payment in July, subject to general market conditions.

[its the oxman] 17/2/2021 11:13

Heading for 1050-1100p trading range imho. May sit there till further updates. Though could be more to go for if discount can close toward 10% on improving quality and returns.

[horseyphil] 14/2/2021 07:50

I didn't see it either until 4 days after the announcement, because the RNS was released at 2pm, not in the morning. They've done this before, even releasing results and trading updates in the afternoon - no idea why they would do that.

[its the oxman] 13/2/2021 23:22

Cheers for that, not sure how I missed seeing the announcement, mind you i have been to the opticians this week and been told I need my first pair of glasses.

[horseyphil] 13/2/2021 11:48

ItO, they put out an RNS on 8th Feb saying they had realised it for cash proceeds of £40m - 29.5p per share uplift compared to the Oct valuation. A multiple of 33x cost! Presumably they still hold Chewy shares as the disposal of that stake will be controlled by BC Partners.

[its the oxman] 13/2/2021 10:18

Hi horseyphil, not obvious to me but has telos been sold or just listed as it has continued to rise.

[its the oxman] 12/2/2021 12:25

Makes sense to me, seems the only way is up for a bit.

[horseyphil] 12/2/2021 11:42

With the gain from the Telos sale, the Jan year end nav should be at least 1275p.
The discount to that is currently 21%. If it narrowed to 15% that equates to over 1080p.

[its the oxman] 12/2/2021 11:04

Breaking 1000p today.