Intermediate Capital Share Discussion Threads

[kzada] 29/5/2020 08:00

can you copy and paste the article pls

[mysteronz] 28/5/2020 21:20

I havent got access to IC - was it positive?

[mirandaj] 28/5/2020 07:13

https://www.investorschronicle.co.uk/shares/2020/05/27/who-is-intermediate-capital-group/

[pvb] 13/5/2020 23:15

From 23 April: HTTPS://www.icgam.com/~/media/Files/I/ICGAM-V2/insight-documents/20200423-covid-19-outbreak-assessment-update.pdf

[mirandaj] 29/4/2020 10:20

27 April 2020 ICG-Longbow, the real estate division of Intermediate Capital Group PLC (ICG), has adopted ICG’s branding. With effect from today, ICG-Longbow will be known as the real estate division of ICG plc, reflecting its position in the company’s structure. ICG acquired 51% of Longbow Real Estate Capital in 2011 and exercised its option to fully acquire the company in 2014, rebranding it as ICG-Longbow. The business has enjoyed significant growth since becoming part of ICG, with assets under management increasing from £250m to 1£4.4bn, across four private debt and private equity strategies. Martin Wheeler, Co-Head of ICG’s real estate division said, “As we enter our tenth year of working together and we look forward to moving into new offices with the wider business, we remain excited about the prospects for the real estate business and contributing to ICG’s future growth.” Kevin Cooper Co-Head of ICG’s real estate division said, “We have been a wholly owned part of the ICG business for a number of years and the revised branding is a natural evolution. What will not change is our performance and delivery focus, which has driven our growth to date, and which we are well known for.” https://www.icgam.com/newsroom/2020/27-04-2020

[its the oxman] 24/4/2020 15:43

Regaining some poise above 1000p. Results will make or break , hoping they will be good.

[seekthetech] 20/3/2020 10:04

As are the Ladbrokes and Paragon bonds. Not convinced by Burford and clearly wouldn’t touch Eros or Wasps!

[seekthetech] 20/3/2020 10:03

The 2023 bonds, which dropped from 104p to 58p and haven’t bounced look like they are outstanding value

[rambutan2] 19/3/2020 21:41

Worth remembering that it enters the ftse 100 on mon.

[pvb] 19/3/2020 17:58

Up 20% on day.

[rambutan2] 18/3/2020 22:36

riverman77, just what I'm thinking. But would have thought the mkt would also understand that. So was wondering whether the mkt knows of some impending disaster which I'm missing...

[riverman77] 18/3/2020 22:16

The AUM is held in private assets, which are valued with reference to earnings and tend to be quite stable, so there won't be an automatic drop in AUM (any future mark down would depend on how the companies perform, but would not expect 40% fall in AUM). Furthermore, the client base is institutional and tied-in, so you don't have to worry about sudden outflows. They have a lot of visibility on earnings. I therefore think this is much better placed than traditional fund managers, whose earnings are immediately hit by falling equity markets and outflows. I see some big director buys, which hopefully bodes well.

[rambutan2] 18/3/2020 21:55

Down 32% today, 3rd largest faller in ftse250. Must admit, not sure why it's quite so disliked. htTps://www.icgam.com/~/media/Files/I/ICGAM-V2/results-centre/2020/Capital-Markets-Day-2020.pdf hTtps://www.icgam.com/shareholders/investor-days/2020 httPs://www.icgam.com/~/media/Files/I/ICGAM-V2/debtholders-documents/Prospectus%20202035590489931.pdf

[johnhelme2704] 18/3/2020 11:50

is it not because aum will have dropped 40+% so ongoing revenues will be considerably down?

[for fx sake] 18/3/2020 09:03

Does anyone know ICP has dropped so much?

[pvb] 16/3/2020 08:18

Under 1000p now. :-(

[pvb] 12/3/2020 21:13

ben gunn 26 Feb '20 - 16:13 - 696 of 699 pvb- I couldn't agree more. How about 1000p? Getting there! Damn. I just KNEW I should have sold down, to buy in later at a lower price.

[speedsgh] 05/3/2020 09:00

#ICP have gained promotion to the FTSE100 alongside #FRES #PNN... HTTPS://www.cityam.com/ftse-reshuffle-kingfisher-nmc-health-and-tui-booted-out-of-top-city-index/

[mirandaj] 04/3/2020 09:52

FTSE 100 or not later today, this is interesting: https://www.icgam.com/~/media/Files/I/ICGAM-V2/insight-documents/covid-19_outbreak-initial_assessment.pdf

[ben gunn] 26/2/2020 16:13

pvb- I couldn't agree more. How about 1000p?

[pvb] 18/2/2020 22:20

...It can't keep going up for ever.

[mirandaj] 13/2/2020 16:19

https://www.icgam.com/shareholders/debtholders