Intermediate Capital Share Discussion Threads

[mirandaj] 16/4/2024 06:46

Thank you for new thread OXMAN

[pvb] 15/4/2024 23:36

...Ahhgh! This is getting confusing now.

[pvb] 15/4/2024 23:35

Intermediate Capital Group adopted their new EPIC 'ICG' on Monday 15 April 2024

[pvb] 15/4/2024 23:34

New thread for new EPIC

What we do:

Financial Calendar:

Results Centre:

[its the oxman] 15/4/2024 10:10

Updated thread. Hopefully we can consolidate above 2100p ready for a break upwards towards a new all time high,

[its the oxman] 15/4/2024 10:09

!FOLLOWFEED
New ticker , new thread cont'd for ICG ,a global alternative asset manager with a 35-year track record.

We are driven by purpose and sustainable results. We deliver outstanding investment performance to our clients, provide wide‐ranging capital solutions for corporates and owners of real assets, and create value for stakeholders, shareholders and communities. Assets managed over four classes, Structured and Private Equity, Private Debt, Real Assets and Credit.

Been one of my longer term holdings with ups and downs over the years but longer term shown a real ability to grow AUM strongly often regardless of market conditions. As it becomes a bigger more profitable business the div and share price should have scope to increase significantly. All contributions and insights very welcome.

[lbo] 17/1/2011 10:08

Dearer oil will hit Irish firms hard

[lbo] 27/9/2010 22:34

THE Moonduster consortium's ill-fated investment in Irish Continental Group (ICG) is now more than €44m under water, new filings show.

Backed by the Doyle Group and investment group One 51, Moonduster mounted an unsuccessful takeover for ICG last year and was left sitting on a 24.9pc stake in the shipping group.

Accounts just filed by Moonduster's parent company Rambone show the value of that stake has slipped from its €134m purchase price to less than €89.8m.

[lbo] 06/7/2010 21:31

Irish Port traffic declines 18pc in 2009

[lbo] 08/4/2010 09:18

"First, capital spending generally fell heavily across most developed economies and by 11% in the single currency area, but in Ireland the fall was some 30%, including a 34% fall in building and construction."

He said this sector was of more significance in the Irish economy than the norm elsewhere, but by the fourth quarter of 2009 had fallen to under 12% of GDP, or half its share of GDP at the peak of the construction boom. House-building alone now accounts for only 2.5% of real GDP, again dramatically lower than the 12% share in 2005.

"Consumer spending also fell across the EU area, by 1.1% on average, reflecting falling employment and slower wage growth. In Ireland employment fell precipitously, by over 8%, and wages also fell on average, which partly explains why the fall in Irish real consumer spending at 7.2% is unusually large."

Ireland, however, outperformed its European neighbours in the external sector, with Irish exports falling by 2.3% in volume terms in 2009, while exports in the euro area fell by over 13%.

[lbo] 23/3/2010 21:45

ICG profits fall as world trade suffers

[lbo] 25/2/2010 10:30

CSO figures reveal decline in import and export trade

[lbo] 18/2/2010 21:49

The only Irish property that remains on the books is the Dublin Airport land, which the brothers have written down by about 40pc.




Some interesting reading from the BDI – Baltic Dry Index – that tells us the cost of hiring a bulk commodity shipping cargo. The BDI is a good indicator of concurrent trade and industrial activities globally – rising BDI means tighter supply of shipping capacity and thus increased shipping volumes – spot. Back in 2008 is was at a record high of 11,793.

Now, January 2009 saw BDI falling to 772 low, it then recovered with some tremendous volatility through the year before setting annual 2009 average of 2658. As of today it is at 2598 – below the 2009 average and at only 22% of the 2008 peak.

Not much of a sign of a global recovery here.

[lbo] 23/11/2009 15:12

Shipping traffic falls for seventh Q