ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

GROW Molten Ventures Plc

320.00
0.00 (0.00%)
13 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Molten Ventures Plc LSE:GROW London Ordinary Share GB00BY7QYJ50 ORD GBP0.01
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 320.00 143,885 16:35:19
Bid Price Offer Price High Price Low Price Open Price
318.00 320.50 325.00 317.00 325.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Finance Services -8.6M -40.6M -0.2177 -14.72 596.71M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:19 UT 69,637 320.00 GBX

Molten Ventures (GROW) Latest News

Molten Ventures (GROW) Discussions and Chat

Molten Ventures Forums and Chat

Date Time Title Posts
12/12/202405:00Molten Ventures503
09/11/202217:39Draper Esprit - VC Firm 639
10/6/202213:12Moulton Ventures - a high tech entrepreneur breader13
09/6/202209:52Innovative tech. Impressive entrepreneurs. Global potential. 1
18/6/201608:48Draper Esprit-Venture Capital-

Add a New Thread

Molten Ventures (GROW) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-12-13 16:35:19320.0069,637222,838.40UT
2024-12-13 16:28:46320.50298955.09AT
2024-12-13 16:21:28320.50220705.10O
2024-12-13 16:20:28320.50184589.72O
2024-12-13 16:19:32320.50195624.98AT

Molten Ventures (GROW) Top Chat Posts

Top Posts
Posted at 13/12/2024 08:20 by Molten Ventures Daily Update
Molten Ventures Plc is listed in the Finance Services sector of the London Stock Exchange with ticker GROW. The last closing price for Molten Ventures was 320p.
Molten Ventures currently has 186,471,910 shares in issue. The market capitalisation of Molten Ventures is £597,642,472.
Molten Ventures has a price to earnings ratio (PE ratio) of -14.72.
This morning GROW shares opened at 325p
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 11/12/2024 19:37 by dickiehhh
Why is this share so randomly volatile? Up six percent today on no news? Down the same the last few days. I don't see any other share (of this market cap) behave quite so erratically? Can anyone explain?
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 05/12/2024 16:28 by riverman77
Just to note that their biggest holding Revolut makes up only 10% of the fund, followed by a few others which make up around 7-8%. Barring a complete sudden write off of one of these larger positions I can see nothing to justify an intra day 7% drop in share price.
Posted at 20/11/2024 12:37 by mrscruff
@Foetus in your brain, Yes, this was absolutely the case earlier this year when you could simply buy the smaller company indexes. However, now you need to stock pick in public markets, which is something very few private investors can do. I managed to grab ALPH earlier in the year and still think it's the pick of the FTSE 250 financial sector. It has growth and a price-to-earnings ratio of about 15 if we normalise net treasury income into the future. However, more broadly most fundamentals are now reflected in the price, and stocks need to deliver on earnings growth. This is why trusts and company discounts to net asset value (NAV) can add known value instead of speculative value (stock picking is based on one's bias and opinions).

Good to see recovery... I note a load of people wanting in cheap showed up on LSE to battle Steph. Hope he's OK over there. Stock is now recovering from the attack.
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 15:33 by pugugly
Most AIM shares up after Budget - GROW looking like it has an attack of Honey Fungus - Wilting.
Posted at 15/8/2024 06:33 by steeplejack
Extract from todays Times Business section-"Joachim Klement, a strategist at Panmure Liberum said the M-Files exit crystallised "profits from an excellent investment". Together with Riverlane's funding, Klement believes it shows Molten's share price is "significantly undervaluing" its underlying investments. Its shares rose 18p, or 4.9 per cent, to 386½p in London."
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. ..?
Molten Ventures share price data is direct from the London Stock Exchange

Molten Ventures Frequently Asked Questions (FAQ)

What is the current Molten Ventures share price?
The current share price of Molten Ventures is 320p.
How many Molten Ventures shares are in issue?
Molten Ventures has 186,471,910 shares in issue.
What is the market cap of Molten Ventures?
The market capitalisation of Molten Ventures is GBP 596.71 M.
What is the 1 year trading range for Molten Ventures share price?
Molten Ventures has traded in the range of 210.40p to 432.50p during the past year.
What is the PE ratio of Molten Ventures?
The price to earnings ratio of Molten Ventures is -14.72.
What is the cash to sales ratio of Molten Ventures?
The cash to sales ratio of Molten Ventures is -69.52.
What is the reporting currency for Molten Ventures?
Molten Ventures reports financial results in GBP.
What is the latest annual turnover for Molten Ventures?
The latest annual turnover of Molten Ventures is GBP -8.6M.
What is the latest annual profit for Molten Ventures?
The latest annual profit of Molten Ventures is GBP -40.6M.
What is the registered address of Molten Ventures?
The registered address for Molten Ventures is 20 GARRICK STREET, LONDON, WC2E 9BT.
What is the Molten Ventures website address?
The website address for Molten Ventures is www.moltenventures.com.
Which industry sector does Molten Ventures operate in?
Molten Ventures operates in the FINANCE SERVICES sector.

Your Recent History

Delayed Upgrade Clock