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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Molten Ventures Plc | GROW | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 7.00 | 2.28% | 314.50 | 16:35:07 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 307.00 | 305.00 | 314.00 | 314.50 | 307.50 |
| Industry Sector |
|---|
| EQUITY INVESTMENT INSTRUMENTS |
| Top Posts |
|---|
Posted at 12/12/2024 05:00 by stef25 Volatility certainly undermines for retail investors like me viewing GROW as a stable repository of value like an index that is long term high growth -so long as it is held long term. Manageable risk for what should in theory be a high (if not the highest) growth sector. A good share for the retirement pot so long as one does not need to draw down in the short term. I’m over concentrated but that is against advice and theory. |
Posted at 07/12/2024 14:03 by stef25 I remain a GROW fan but patience being tested on our slow recovery from 2022 dip. I still believe we will go up sharply over the next 3 years back to our peak share price at 11.82 and beyond. There has been only modest dilution and the portfolio has few write offs and I don’t think the valuations in 2021/2022 were wild never to be achieved again. retail wrapper over a normally illiquid base that only ever had hard price points every 2 or 3 years on funding rounds. So lots of room for sentiment to swing this up or down. Right now down. My strategic reasons for my hold are below:1) Long run our share price is on average NAV/share. It only dips on stressed conditions and is higher in good conditions (lagging valuation discovery and difficulty in retail obtaining asset base in any other way). We have a 100% uplift coming based on this factor alone. I suspect this gap will close as soon as we start making profit again -which might be as soon as year end results. 2) EU/UK sector at historically low multiples of sales. Pitchbook predict this will start to change and with that all our valuations will go up with the sector even without last round or IPO hard cash discovery. Ditto for our seed funds which have not gone up for 2.5 years. 3) Gap between US and EU multiples and valuations will over time close. Irrational and long run arbitrage will eliminate it. Profit is profit regardless of the position of the Atlantic ocean. 4) BIg tech giant profits will get recycled up the sector development pipeline. 5) Dry powder will deploy into the sector as interest rates drop. 6) OUr portfolio average sales growth of 50% per annum will drive increasing valuations. We have zero portfolio companies in immanent trouble as well -a historically low %. |
Posted at 20/11/2024 09:23 by mrscruff Debt levels and commitments to funds look good for a VC types vs NAV, and M&A activity is not only in recovery mode but is expected to remain robust into 2025. This is setup nicely.Evidence from companies like PIN demonstrates the effectiveness of buybacks in our sector (Coca-Cola being the global poster child of buybacks). As GROW receive additional funds from M&A, these buybacks should restart and persist while discount is wide. There is no better use of cash at 50% discount. It's crucial for investors to focus on the mid-term and accumulate positions in anticipation of the upcoming year. Additionally, US regulations could lead to increased M&A activities by American companies seeking GROW assets. |
Posted at 15/11/2024 07:34 by mrscruff Given that European companies are IPO'in the US now it is concealable that GROW is a catch up on the Trump trade if that continues. Trump is looking to profit increase M&A too. I have add back here after making 220% on the pandemic drop. The trick is to find a trend but then find the value stock. Then hold. Sprinkle a little luck by diversification into other assets. The voletilty is extreme so keep allocation under 6% of portfolio unless you have no emotions and can handle it.Good write up by Oak Bloke on his Blog. Discount around 48 percent estimated making it widest in sector. I presume buybacks will resume after results in 5 days time? |
Posted at 30/10/2024 23:17 by riverman77 Woodford had zero experience or track record in venture investing. GROW have proven track record with many profitable exits. Looking to add here if it drifts any lower. |
Posted at 30/10/2024 15:33 by pugugly Most AIM shares up after Budget - GROW looking like it has an attack of Honey Fungus - Wilting. |
Posted at 30/10/2024 10:31 by jaf111 Am new to GROW…could someone please explain why NAV ps est to have fallen almost over 90p from a year ago to 644p when presumably they have revalued the Revolut position significantly upwards (Aug update)???? |
Posted at 26/7/2024 20:05 by cordwainer I estimate the buyback could be worth in the region of 5.4p per share, depending on share price action and timing.The cash on the balance sheet is not particularly unwieldy compared to the investment portfolio value. By comparison, Pantheon International is just over twice the market cap but it's buyback of £200M was twenty times bigger than the one just started by GROW. Meanwhile GROW has over £70M of realisations coming through (Graphcore, Perkbox, Endomag). Last December, £57M was raised in share issuance at 270p per share (to acquire Forward Partners at a 7% discount vs GROWs 63% discount at the time), and now some of those shares are being bought back at around 367p. I suspect this £10M buyback just a gimmick to stir the market and might not be fundamentally worthwhile. Also wondering whether a dividend would have been better, or just maintained as dry powder earning interest. ..? |
Posted at 26/7/2024 06:15 by chester9 Molten Ventures (LSE: GROW, Euronext Dublin: GRW), a leading venture capital firm investing in and developing high-growth digital technology businesses, announces that, beginning today, 26 July 2024, it will commence a share repurchase programme of up to £10,000,000 (the "Programme").The Programme will be financed through existing cash resources. The Programme will commence on the date of this announcement and will continue until the earlier of either the expiration of the general authority received at the Company's 2024 AGM ("General Authority") or reaching purchase of the maximum amount intended under the Programme. |
Posted at 12/7/2024 05:04 by kooba https://techcrunch.c |
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