Nb Private Equity Partners Share Discussion Threads

[skyship] 13/1/2021 07:34

NBPE Dec. NAV up 11c to $21.11, ie at 1:36 exchange rate = 1552p. Discount at 1160 = 25.3%, higher than most peers. https://ml-eu.globenewswire.com/Resource/Download/a1bdbf6b-4e75-463b-9e97-cc7c218675ea

[skyship] 11/12/2020 20:57

I particularly liked the comment below: ====================================== Key Highlights 10.3% year to date total return NAV growth and 30 November 2020 NAV per share of $20.42 (GBP15.30), an increase of 6.9% compared to the 31 October 2020 issued monthly NAV estimate of $19.11 (GBP14.78). This corresponds to a total NAV increase of $61.3 million from $893.8 million at 31 October 2020 to $955.1 million Peter Von Lehe, Managing Director of Neuberger Berman commented: "We are extremely pleased with the performance of NBPE's portfolio and its underlying companies in 2020 year to date and believe the 10.3% year to date total return NAV growth demonstrates the high quality of the portfolio's assets. The focusing of NBPE's portfolio to predominantly direct equity investments, together with the positioning of those investments in sectors and end markets which have generally proven to be resilient through the pandemic, have resulted in NBPE's direct equity investments producing over $120 million of total gains in 2020 year to date. In addition, including the expected realisation events in December, the portfolio has generated approximately $188 million of realisations in 2020. Overall, the portfolio is performing well and is maturing and with a weighted average direct equity investment holding period of 3.3 years, we believe NBPE's portfolio is well positioned for future additional liquidity."

[badtime] 11/12/2020 17:51

Might increase my exposure to the zeros

[riverman77] 11/12/2020 10:32

Very solid update and now on an almost 30% discount, which is out of kilter with rest of sector which is typically around 20%. Also pays a nice 4% dividend.

[deadly] 11/12/2020 09:51

Good results. monthly return NAV 6.9%

[skyship] 16/11/2020 15:05

Indeed - totally stupid - you have to go to the link enclosed in the RNS. NAV was up 3.5% to 1478p.

[alpal2] 16/11/2020 14:58

Am I right; the the RNS doesn't actually give the NAV in either $ or £.

[skyship] 16/11/2020 10:50

Excellent NAV Update from NBPE - and the share price responds accordingly. https://uk.advfn.com/stock-market/london/nb-private-equity-partners-NBPE/share-news/NB-Private-Equity-Partners-Limited-Nb-Private-Equi/83686938

[its the oxman] 28/8/2020 21:34

Now overdue a push toward 1000p. Lagging behind harbourvest and icgt,

[badtime] 21/8/2020 10:26

Have a fair few zeros otherwise I’d be interested in the ords

[skyship] 20/8/2020 12:51

31 July 2020 NAV per Share of $17.83 (£13.72 @ 1.31) increased $1.07 or 6.4% from the previously issued 30 June 2020 monthly NAV estimate of $16.76

[its the oxman] 20/8/2020 10:07

Bought in a few days ago sub 900p. Seems far too big a discount for a well managed fund. Time will tell but should have significant upside from these levels.

[deadly] 15/7/2020 08:11

This has notably underperformed wrt HVPE and others over the last few months, but not obvious why. Discount of 34% compared with 21%. Seems good value given its long term record.

[tiltonboy] 29/6/2020 15:22

badtime, ...lol...

[badtime] 29/6/2020 14:44

Ah I saw one at a million...not yours then :)

[tiltonboy] 29/6/2020 14:37

My trade hasn't marked yet. Thanks for the info.

[skyship] 29/6/2020 13:46

Yes, saw that trade, so just topped up with another 5k at that level. This link shows the cover at 11.4x & 11.8x: https://www.theaic.co.uk/aic/find-compare-investment-companies/zdp-analytics

[tiltonboy] 29/6/2020 13:41

Paid 104.47 for the 24's. Trying to find the cover for each series, but struggling!

[skyship] 29/6/2020 13:22

Tilts - Glad to see you in there. As you will have seen, I've bought into both NBPP & NBPS. In these bizarre times the GRYs between 4.4%-5.4% are a useful replacement for the redeeming BBYB.

[badtime] 29/6/2020 12:08

Which ones did u go for?

[tiltonboy] 29/6/2020 11:03

Picked up a few ZDP's this morning.

[badtime] 06/4/2020 10:20

Toe in on the zeros today

[badtime] 01/4/2020 20:45

Ords up zeros down..hmmm

[alpal2] 26/3/2020 14:03

Will they be allowed to give current value update at presentation?