Molten Ventures Share Discussion Threads

[mrscruff] 20/11/2024 09:23

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.

[peterrr3] 20/11/2024 08:38

I expected a few more write downs in core, particularly Form3, struggling to turn to profit with mass redundancies. Thought machine as expected.Disappointing to see non core performing badly in aggregate across the portfolio.But overall well covered and no investment risk.

[johnrxx99] 19/11/2024 08:58

Good posts. Been absent, bought back yesterday - fingers crossed.

[mrscruff] 19/11/2024 07:52

Hi 👋 Steph who post on LSE I presume. My accounts on that site kept getting blocked but yep it's me the guy posting there before you did during the pandemic. Your a legend to me who held all this time.

After Trumps inorgeration in January we should see falling yields settle around 3 or 4 percent. Oak Bloke goes into as much detail as your self...while I am simple a top down investor. The macros look strong. While we may see higher gov yields this year being a headwind, post results tomorrow should see a trend up but a rise or fall will depend on hitting the estimated 644p NAV. Either way trend should be up. If it undershoots I am buying more of the dip.

[stef25] 18/11/2024 06:43

Thanks mrSruff. Great Oak Bloke link.

We shall see Wednesday if retrace on unaudited results was really justified. I suspect poor communication at play.

[mrscruff] 15/11/2024 07:34

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?

[thunders] 06/11/2024 09:16

Most dificult stock to trade!!!

[kelster50] 04/11/2024 14:08

After the budget I'm left wondering if we might see a few founders looking to IPO or sell to PE before the new entrepreneur tax fully kicks in.

[peterrr3] 01/11/2024 10:46

You would have to assume Blackrock had the dirt on the CEO's departure and kept buying so there should be some comfort there.

[thunders] 01/11/2024 08:25

BlackRock, Inc. has increased its stake in Molten Ventures Plc, crossing the 13% threshold of total voting rights. This move highlights BlackRock’s growing influence and interest in the UK-based venture capital firm. Investors may view this as a sign of confidence in Molten Ventures’ future prospects.

[hybrasil] 31/10/2024 14:49

Riverman I agree

[riverman77] 30/10/2024 23:17

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.

[pugugly] 30/10/2024 15:33

Most AIM shares up after Budget - GROW looking like it has an attack of Honey Fungus - Wilting.

[pugugly] 30/10/2024 11:41

Assuming the NAV is anyway near correct - Remember Woodford Patient Capital - When push came to shove it turned into smoke and mirrors.

Anyway - Budget could be good for us Hopefully. Comments after budget please.

[steeplejack] 30/10/2024 11:10

Revolut valuation offset by reductions in other investments plus unfavourable currency movements.We have the CEO stepping down which is a surprise to most..... but not those who got wind of the departure plus underwhelming results yesterday.Nonetheless,the discount to NAV remains substantial.

[jaf111] 30/10/2024 10:31

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)????

[thunders] 30/10/2024 08:23

They done the share buy back at wrong price!

[thunders] 30/10/2024 08:23

Buy at low and sell at high! This won`t last long the way is price movong

[peterrr3] 30/10/2024 08:22

The drop has been on very thin trade probably by a few in the know and discount to NAV makes it a low risk buy IMO.

[johnkidd1] 30/10/2024 08:15

662ps net asset value and shares @ 350p.Crazy discount.

[chester9] 30/10/2024 07:59

Thanks for update. They should have been clearer on TU but it is right at top of directorate change.

[melody9999] 30/10/2024 07:45

stepping down from CEO role but staying with the business until Apr 25....so seems an orderly handover.

[chester9] 30/10/2024 07:19

Martin leaving with immediate effect. Thats the reason for share price drop. I wonder why? TU out as well. The timing is dreadful.

[cordwainer] 29/10/2024 23:44

Or in this case the Budget's mostly all delivered through leaks and also to the US before its actually read in the UK Parliament.