Intermediate Capital Share Discussion Threads

[its the oxman] 03/12/2007 12:40

will probably regret it longer term but took a few profits c.1815p (but retain a small holding) - will certainly look to buy back if they drop meaningfully though.

[deadly] 28/11/2007 09:43

Market beginning to see the attractions at long last? This stock could easily double while still remaining on a low P/E.

[deadly] 23/11/2007 23:02

Assuming the 33% profit growth continues, this gives a full year P/E of 5.4. Also predicted yield of 4.1%. Nice.

[its the oxman] 23/11/2007 09:44

ok - excellent results

[deadly] 23/11/2007 09:31

I would say excellent results as they do. But as an FTSE250 stock they are overlooked by most on ADVFN, though that's no bad thing.

Particularly like this bit:

We believe that the changes in market conditions following this summer's credit
crisis have significantly improved our outlook. In Europe and the US, we are
seeing evidence that transactions structured after the credit crisis are
offering a better balance of risk and reward with structures close to those we
used to see some years ago. We expect the LBO market, which remains the main
driver of the mezzanine market, to be fairly subdued in the near future until
vendors adjust their expectations to the new conditions and senior debt lenders
re-open for business. After this period of adjustment, we expect the LBO market
to pick up again on the back of the substantial funds raised by private equity
sponsors in the past two years and as yet unspent. In Asia Pacific we expect the
strong pipeline of deals seen in the past year to continue.

In the meantime we also expect to see further opportunities in the secondary
market in assets held by banks that they have not been able to syndicate. Our
credit discipline and knowledge of the market puts us in a good position to
identify those assets that offer the best balance of risk and returns.

This is a time of considerable opportunities for mezzanine providers with strong
credit skills, a long term approach to investing and permanent capital. We feel
that we are well positioned to take advantage of all these opportunities through
our strong balance sheet and through our fast growing and highly regarded fund
management business. At the same time, we expect that we will be experiencing
much lower early repayments and we believe that this much improved environment
will result in the growth of our portfolio.

[its the oxman] 23/11/2007 08:28

good results and outlook today and a div up 18% says it all really

[bmw30csl] 17/10/2007 08:07

how would one go about valueing the loan book ICG has?

[backmarker] 15/10/2007 16:47

p+f charts suggest a target of 1935.
there's an inverse head+shoulders building at base 1728, with target 2115.
so should be good to regain the 2000 highs of early 2007.

[its the oxman] 11/10/2007 08:30

hopefully a test of resistance c.1850p is not that far away now although we probably need financials in general to pick up a bit more first.

[ben gunn] 09/10/2007 12:26

NURDIN
I TRUST THAT YOU HAVE LEFT THIS SHORT GO.

[nurdin] 25/9/2007 10:08

chart doesnt look healthy here....highly geared and doubts about whether they can raise cash to fund the current business.Needless to say I am short

[liquidkid] 10/9/2007 11:02

up.....................but down?

[ben gunn] 10/9/2007 10:51

Interesting....but scary.

[its the oxman] 31/7/2007 09:24

agree - our prospects remain bright not that they weren't before - plenty of market over reaction to be corrected here - higher profits set to be delivered and suddenly there are plenty of opportunities with credit less easily available.

[raxzi] 24/7/2007 16:56

To compensate for the earlier statement which was interpreted too depressingly by the market?

[matthewa] 24/7/2007 16:14

Any thoughts on statement?

[its the oxman] 12/7/2007 11:02

disappointing to see it this low - happy to hold for the long term myself but frustrating nevertheless.

[its the oxman] 12/7/2007 11:02

disappointing to see it this low - happy to hold for the long term myself but frustrating nevertheless.

[judge jury] 12/7/2007 10:52

Anyone see a bottom to this? 1400p?

[iomhere] 05/7/2007 16:43

Could be bottoming out about. Index down but ICP recovering its early loss.

[its the oxman] 11/6/2007 09:56

well didn't last long above 1700p but we got clobbered by the wider market this time - just got to give things a bit of time and a gradual recovery should set in.

[bigbobjoylove] 06/6/2007 07:52

Mezzanine finance specialist Intermediate Capital's investments in large private equity buyouts are slowing, as the risk/reward profile continues to worsen. But for the other part, business is booming, with 17 of its 18 investments in the last year coming in the mid-market from its regional network of offices. In spite of yesterday's price fall, ICG's shares are well worth hanging on to says the Telegraph.

[quidzinn] 05/6/2007 16:55

I bought in this morning as well, 2000 shares @ 16.85 on a T10, hoping for a quick £1k profit and out tomorrow.

Q

[its the oxman] 05/6/2007 16:21

HAPPY DAYS - nice to be back above 1700p

[bigbobjoylove] 05/6/2007 15:56

level 2 looking very strong for a recovery now, might get close to 1775 close.