Nb Private Equity Partners Share Discussion Threads

[badtime] 12/10/2022 11:00

I should say all comments made in good humour :)

[badtime] 12/10/2022 10:33

Your opinion ..mine differs ..thanks for the nuts ...and of course it's my money not yours lol

[adae] 12/10/2022 07:00

Thanks, but that's nuts. Government debt is the risk-free rate, you've almost no margin over it.

[skyship] 11/10/2022 21:06

Agreed; also prefer shorter maturity dates. Also prefer 4.65% to 4.2%. Simples...

[badtime] 11/10/2022 21:03

Already hold TN25..I prefer to have eggs in several baskets with different maturity dates

[adae] 11/10/2022 15:48

hxxps://www.hl.co.uk/shares/shares-search-results/t/treasury-5-07032025-gilt

[adae] 11/10/2022 14:42

Why would you buy these at a 4.8% GRY, when you can get not far off the same from Gilts?

[badtime] 11/10/2022 14:40

Hi..I can't add really to what Sky posted ..sums it up

[skyship] 11/10/2022 14:26

Likewise BT - added to my NBPS the other day after the maturity of NBPP.

A healthy corner of my SIPP - 15x cover and a GRY at 118.65 of 4.8% to maturity 30/10/24 @ 130.63p.

Hope that helps ali...

[ali47fish] 11/10/2022 13:12

why badtime ? and explain in the 0000- thanks

[badtime] 11/10/2022 11:02

Toying with adding to my holding in the zeros

[spectoacc] 21/9/2022 07:37

NBPE nicely show the risks inherent with all PE ITs atm, & why you can't trust the NAVs. Decent drop in NAV (-2.5% over a month/10% YTD) and yet:

"Valuations of private companies increased by 2.7% in constant currencies"


Nudge up the unlisteds whilst the listeds take a tumble. Unlisted valuations usually 12-28 months behind public markets.

[ali47fish] 21/9/2022 07:33

cant evaluate rns update when they dont mention the comparatives from last update?

[ali47fish] 24/8/2022 17:32

can't believe no one comments on the update of nav and other numbers -from the rise of 3pc today i judges it to be fair

[donald pond] 09/8/2022 08:57

Sent you an answer

[toffeeman] 08/8/2022 16:00

>> Paul De G

you have a message

[donald pond] 08/8/2022 14:20

Actually, that £5m buyback reduces annual fees by £125k. Not of course that any manager should charge fees on cash but some do.

[donald pond] 08/8/2022 09:03

The OCI buyback announcement today is pretty big: adds around 1.5p to NAV and reduces their fees by £30k a year, so at least partially addresses some of skys criticisms

[skyship] 05/8/2022 10:09

DP - thnx for that. An excellent article which I've added to the PE thread Header.

[donald pond] 04/8/2022 11:14

https://www.trustintelligence.co.uk/investor/articles/strategy-investor-diverging-fortunes-in-listed-private-equity-retail-aug-2022?utm_source=Profund&utm_medium=Email&utm_campaign=newsletter_thursA very interesting read

[skyship] 31/7/2022 13:57

Most of the PE trusts have had a good rally over the past month:

# ICGT @ 1160p. NAV Disc. = 31.4%
# HVPE @ 2380p. NAV Disc. = 39.9%
# NBPE @ 1565p. NAV Disc. = 33.3%
# PIN @ 259p. NAV Disc. = 44.0%

Clearly PIN has missed out and looks the best value of the bunch. It has seen considerable selling pressure recently; but that seems to be drying up, so a further recovery looks likely - a good trade for a continued bounce.


free stock charts from uk.advfn.com

[ali47fish] 31/7/2022 12:58

i thought the reaction of the share price to the last update was positive even tough the volatility seems persistent but i am interested in long term and how knowledgeable investors here are psositioning? would appreciate comments

[spectoacc] 20/7/2022 08:24

DLG is very much not a FTSE100 co - FTSE 250, & about 140th overall.

Agree on debt point - Enterprise Value.

[skyship] 20/7/2022 08:15

Also - all FTSE 100 companies carry debt. The extent of gearing always has to be considered; but it not a red line - business thrives on borrowed money!

[deadly] 19/7/2022 22:41

All portfolios are risky at present, even solid FTSE 100 companies like ADM, DLG etc. are perceived as bad risks at timeslike these. Don't see that NBPE at a huge discount is more risky.