Intermediate Capital Share Discussion Threads

[queeny2] 25/2/2009 17:35

it's a zero I fear. On any sort of a mark to market basis they have negative net worth imho

[onlythebest2] 19/2/2009 18:21

With this stock you're flying blind I reckon. The losses could be totally hidden.

[53tom] 17/2/2009 16:39

I so agree.
The 'some point' is the difficult thing to get right.
I will monitor and take a best guess at some point.

[kimboy2] 17/2/2009 16:03

If the recession is deeper than thought then I presume these will get hit harder. At some point it will be good value but like a Dutch auction at the moment.

[53tom] 17/2/2009 15:52

With the share price at around 300p and director buying 100,000 at 361p on 06/02/09 I think these are starting to look like a buying opportunity. But will wait till has dropped a bit more, if possible, before jump in.

[verisimilitude] 06/2/2009 14:53

That's better!

[quidzinn] 27/1/2009 10:21

Yikes !

Last time I bought/sold these the share price was £16-£17...

Q

[iomhere] 27/1/2009 10:14

matthewa
In a worst case scenario if all of their 13% exposure on the watch list were lost, they'd be roughly back to where they were at y.e. 2005. The shares were then valued at 1000p(approx) admittedly in a rising market as against a stagnant/falling one now.
So at 410p perhaps the pessimism's over done.

[matthewa] 27/1/2009 09:46

Bad results - Breaking down. Got hit on FX2.

[matthewa] 25/1/2009 09:38

Any thoughts on this one with results so close?

[queeny2] 11/11/2008 18:55

liquid, thanks.

also the 3i results last week are relevant.

[liquidkid] 11/11/2008 13:51

This is a relevant entity, but the difference is that it is backed by mega KKR...

FT - KKR Financial Holdings, the publicly listed debt arm of the KKR private equity firm, on Monday (10/11) suspended its Q3 dividend, citing turbulent market conditions. KKR Financial took the step even though it reported net income of $49m for the quarter, up from $37.6m in Q2, in a sign it is husbanding cash amid continuing market turmoil. Nino Fanlo, chief executive of KKR Financial, said the changing environment was leading the company to consider moves that would enable it to take deposits – such as transforming itself into a bank or making acquisitions. KKR Financial signalled it had enough confidence in the value of the corporate loans it held to reduce provisions against loan losses by 40% year-to-date compared with the same period of last year. However, KKR Financial said it marked down its $6.7bn corporate loan portfolio, which consists largely of the bank loans backing private equity buy-outs, to about 85 cents on the dollar.

[queeny2] 08/11/2008 11:11

liquid - I hope you are right!

[dancing piranha] 06/11/2008 20:10

pvb...

Yes a bounce to 1000p, now the drop to 600p coming ... enjoy!

[pvb] 06/11/2008 17:22

> Dancing Piranha - 26 October'08
>
> 1000p coming!

Hang on, hang on here! This said "600p coming!" just the other day.
Say no more...

[liquidkid] 06/11/2008 16:29

Dancing P, Queeny,
These boys have a problem with mezzanino finance it's that you can't value it mark to market - so they just make it up as they go. Results on the 25th Oh MAN its going to be a MAN like event.

[queeny2] 06/11/2008 08:39

You were right, it did! 1100p nearly?

[dancing piranha] 26/10/2008 20:06

1000p coming!

[queeny2] 26/10/2008 09:18

anyone know any of their investments?

[weemonkey] 18/3/2008 15:27

so tempted to buy

but that is a nasty shape developing

[backmarker] 11/3/2008 11:32

a bounce off the 1400 ?

some recent institutional buying and now mrs keller's 10k should help. i'm looking for a retracement to 1600. fundamentals good but the chart looks weak. and this is a nervous market.

this is a quiet board. i guess traders don't seem interested in stocks which have a large share price

[pvb] 11/2/2008 17:42

Anybody/everybody here took up their allocation in full? I have to say I did, I've taken part in previous ICP R Issues as well. They usually seem to know what they are doing. Time will tell!

[deadly] 22/1/2008 17:38

No you only have the allocation.

[t1lal] 10/1/2008 09:55

With regards the rights issue will we be permitted to subscribe for more shares than our allocation, or will I need to wait to read the prospectus to find out?