Intermediate Capital Share Discussion Threads

[smidge21] 11/6/2021 15:16

And there it comes: JPM lift PT from £24 to £25.60. FY22/FY23 EPS estimates raised by 5%/9%, respectively

[its the oxman] 08/6/2021 10:29

Think 2500p is nailed on here, hopefully in next few weeks as targets get upped. Another set of quality results and growth in aum. Will look at header by the way. GLA.

[smidge21] 08/6/2021 08:34

From JPMorgan: "As the company grows its third-party fee income, its earnings will become more predictable and sustainable, in our view, and we believe the operational leverage within the fund management business may in time be substantial. We see opportunity for ICG to further enhance its ROE through higher levels of gearing. Given the inherent embedded value , we believe the market is currently underappreciating the longevity of the earnings stream. We remain OW" An upgrade to their current £24 PT wouldn't surprise

[18bt] 08/6/2021 08:06

SP currently up £1 to ATH reflecting results. Still a 2.5% yield.

[18bt] 08/6/2021 07:40

PS: Oxman - would you mind altering the header to include the newsflow - it's useful not to have to flick to another web-site or have 2 ADVFN pages going at the same time?

[18bt] 08/6/2021 07:38

Cracking results - huge investment gain and dividend looks well above market forecasts. Also upgraded their forecasts for 3rd party inflows over the next few years. Regretting having had to top slice a few weeks ago, but it was just too big a weighting in my SIPP. At this rate, I am going to have the same problem later in the year. It remains my biggest holding.

[mirandaj] 01/5/2021 11:44

https://www.icgam.com/newsroom/2021/29-04-2021

[its the oxman] 30/4/2021 15:12

Almost 2200p. Looking for 2500p come results if main market stays strong.

[18bt] 13/4/2021 08:27

Clearly some stops placed around 2000p. No great surprise. I suspect it will require a few attempts to break higher.

[its the oxman] 13/4/2021 08:11

Traded through 2000p for the first time this morning. Looking forward to results in June.

[its the oxman] 30/3/2021 08:50

Interesting posts. Hopefully all bodes well. Looking for break higher through 2000p and continued good news on aum.

[mirandaj] 28/3/2021 16:29

https://www.pmlive.com/pharma_news/lucid_group_secures_new_investment_from_intermediate_capital_group_1365079 https://egr.global/intel/news/intermediate-capital-group-buys-buzz-bingo-and-pledges-18m-cash-injection/

[mirandaj] 23/3/2021 20:12

https://www.icgam.com/insights/economic-and-investment-research/22-03-2021

[its the oxman] 26/2/2021 12:50

Added a few today 1760p

[its the oxman] 26/2/2021 00:35

icp is liquid enough to be sold off / spike down quite heavily in wider market downturns, but can give nice top up opportunities as well.

[riverman77] 25/2/2021 16:38

Rather inexplicable drop. Oddly the same thing happened the other day on ICGT (the private equity trust managed by ICG). Not sure if this is related or just usual market gyrations.

[its the oxman] 15/2/2021 11:21

New all time high today c.1920p. Why did I sell any?

[its the oxman] 12/2/2021 08:56

Took a few profits yesterday c.1840p. I'm sure I will regret it. Quick move up to break 2000p my expectation now.

[recut more] 28/1/2021 17:04

Yes, they are doing very well, it would be nice to see them break 1800 and get through that area of resistance, if they do the price should rise up to the £20 mark.

[its the oxman] 28/1/2021 10:19

Another strong quarterly update today.

[its the oxman] 06/12/2020 22:18

I don't doubt it, just got to sit tight.

[recut more] 29/11/2020 20:47

Pretty sure we are going to hit the £20 mark quite soon now. Nice results and a good uptrend.

[its the oxman] 27/11/2020 08:30

Looks like a case of strong results followed by strong profit taking - opportunity if you can catch the turn.

[pvb] 17/11/2020 17:18

https://uk.advfn.com/stock-market/london/intermediate-capital-ICP/share-news/Intermediate-Capital-Icg-First-Half-Results-For-T/83698640 17 November 2020 First Half Results for the six months ended 30 September 2020 Fund Management Company profits up 6%; Interim dividend up 13%

[wish i wasnt in rbs] 17/11/2020 11:13

Very impressive and well received - only decision is whether to add at this level or wait?