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GROW Molten Ventures Plc

370.00
21.00 (6.02%)
26 Jul 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
  21.00 6.02% 370.00 587,135 16:35:01
Bid Price Offer Price High Price Low Price Open Price
373.50 374.50 377.00 353.50 353.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Finance Services -215.7M -243.4M -1.2875 -2.90 659.77M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:49:11 O 998 370.00 GBX

Molten Ventures (GROW) Latest News (8)

Molten Ventures (GROW) Discussions and Chat

Molten Ventures Forums and Chat

Date Time Title Posts
26/7/202421:05Molten Ventures429
09/11/202217:39Draper Esprit - VC Firm 639
10/6/202214:12Moulton Ventures - a high tech entrepreneur breader13
09/6/202210:52Innovative tech. Impressive entrepreneurs. Global potential. 1
18/6/201609:48Draper Esprit-Venture Capital-

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Molten Ventures (GROW) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-07-26 15:49:13370.009983,692.60O
2024-07-26 15:35:01370.00150,892558,300.40UT
2024-07-26 15:30:07373.5041153.14O
2024-07-26 15:29:59373.50518.68AT
2024-07-26 15:29:56373.5044164.34AT

Molten Ventures (GROW) Top Chat Posts

Top Posts
Posted at 26/7/2024 09:20 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 349p.
Molten Ventures currently has 189,046,450 shares in issue. The market capitalisation of Molten Ventures is £706,088,491.
Molten Ventures has a price to earnings ratio (PE ratio) of -2.90.
This morning GROW shares opened at 353.50p
Posted at 26/7/2024 21:05 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 07:15 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 06:04 by kooba
https://techcrunch.com/2024/07/11/softbank-acquires-uk-ai-chipmaker-graphcore/No confirmation on valuation.But on a separate article employees been told their holdings are worthless which on the terms means less than $600m. I guess GROW will have to explain to its shareholders what they are getting though!
Posted at 12/6/2024 15:44 by thunders
Financial highlights



£1,379m Gross Portfolio Value* (31 March 2023: £1,371m)
£1,251m Net assets (31 March 2023: £1,194m)
662p NAV per share* (31 March 2023: 780p)
£57m Consolidated Group cash (31 March 2023: £23m)
-1% Gross Portfolio fair value movement* (31 March 2023: -16%)
£39m Cash proceeds from realisations (year to March 31 2023: £48m)
£55m Net of fees raised during the year (31 March 2023: £Nil)
Posted at 15/5/2024 09:45 by johnrxx99
To be honest, I'm looking to see a 2 bagger in the next 2 years. It was over 11 quid twoandahalf years ago. I accept that the world has changed but people adapt and so will GROW. I'm probably too optimistic but you have to have a target: from 230p too 900p doesn't seem that imposible. DYOR
Posted at 08/5/2024 07:41 by donald pond
I prefer CHRY to grow based solely on the fact that CHRY is more concentrated and later stage so you can evaluate better what you are getting. But in terms of a long term VC record the Draper team here are the best listed option. I just struggle to value the earlier stage stuff.
Posted at 01/5/2024 07:45 by kooba
I like this guys work..in the absence of any other up to date analysis worth a read.https://theoakbloke.substack.com/p/grow-ing-opportunity
Posted at 27/4/2024 06:47 by kooba
Well at the discount they are on we may be seeing as with revolut that underlying nav starts to rise again..perish the thought ! It would then make current discount look truly ridiculous. The other danger for Molten and other investment companies right now is that an activist pops up on the register trying to force change and liquidations ..it might well lead to a shorter term share price bounce and narrowing to discount but might not be in the best interests longer term as would force sales at sub prime levels.I'm afraid GROW is a bit of a sitter at the moment.https://www.ftadviser.com/asset-allocator/2024/04/25/what-has-prompted-activist-investors-to-buy-into-chrysalis/AVI already on the register and a matter of time before someone starts building here and pressuring disposals unless we get a rerate.Either way looks a good bet. Dyor.
Posted at 26/4/2024 09:15 by spectoacc
Good point. Not a massive premium, but has traded over the offer price so market is expecting a possible counter-bid.

With US tech so gangbusters, there's got to be some exit possibilities within GROW.
Posted at 02/2/2024 11:06 by thunders
Also Grow price follows NASDAQ
Molten Ventures share price data is direct from the London Stock Exchange

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