Nb Private Equity Partners Share Discussion Threads

[toffeeman] 21/2/2022 10:17

>> EI maybe so, maybe random luck - but I am being very cautious at the moment.

[essentialinvestor] 20/2/2022 17:29

Toffee, good call on the £15.75.

If this level does not hold perhaps looking tp last October's £15.25 area.

With significant exposure to tech firms NAS direction plays a big part here
as previously mentioned.

[essentialinvestor] 16/2/2022 12:57

Bounced back quickly following the late January dip, share price increasing to over £18 a share.

The late Jan price about matched that seen late yesterday.

To expect £18 perhaps a tad optimistic given market conditions since!, but we may see
some support?.

A lot perhaps depends on what the Nasdaq does.

[essentialinvestor] 15/2/2022 17:45

Largest holding is in constellation brands?, owner of Cinch, We Buy Any Car etc.
Assume that valuation is based on the last fund raise but given
the CAZOO share price since then, may be downside scope now.


Mentioned last year their main PE backers may we wise to cash in while
market conditions remained so supportive for this type of business, markets
have now moved in to a more selective phase on those assets.

Hopefully backers have not missed a window of opportunity for an exit.
Might be relevant to the NBPE NAV discount.

[toffeeman] 15/2/2022 17:16

If you are a believer H&S target 1575

[skyship] 15/2/2022 16:04

Certainly looking oversold on the MACD; but could easily fall further. May find support on the 2000day SMA @ 1600p


free stock charts from uk.advfn.com

[essentialinvestor] 15/2/2022 16:00

Had a small amount, some investors anticipating the cycle is turning?.


Heard someone who works in PE say it's been akin to
free money for the sector recently and that phase is ending.

Some of the extraordinary overvaluation in lower quality tech stateside is beginning
to unwind, but that process is far from over imv.

[gary1966] 15/2/2022 15:56

Yes trying to decide if good value at this level or more falls to come.

[chc15] 15/2/2022 15:41

Must be a big seller, large drop, mkt blue

[riverman77] 09/2/2022 09:39

Alifish - NBPE already fallen around 12% ytd so I guess this was more than priced in, hence muted reactions today.

[chc15] 09/2/2022 08:55

Yes some odd movements going on here, up and down quickly, weird.

[skyship] 09/2/2022 08:53

....constantly editing as prices changed!!!

[skyship] 09/2/2022 08:48

At 1720p the discount = 20.6%; but actually a tad expensive versus:

CLDN (3630p) on 23.5%; ICGT (1250p)on 23.2% & PIN 320p on 22.9% ....all on Dec'21 valuations of course.

[ali47fish] 09/2/2022 08:45

nav says down in update and share price goes up - how does one read this

[scottishfield] 07/2/2022 18:43

Yes, a poor start to the year.

[chc15] 07/2/2022 18:18

Bit of a large drop towards the end of day, will be adding more tomorrow if drops further..

[skyship] 05/2/2022 14:49

You may find it useful to read posts on the Private Equity thread - the epic is PE.

Note my comments on NBPE in my post there today.

[ali47fish] 05/2/2022 14:26

not so simple for me I'll keep watching it or wait for the next nav- markets are not very turbulent now so your guess is as good as mine!

[skyship] 05/2/2022 12:06

ali - would be interested to hear of the eventual outcome of your deliberations.

Personally I don't think there is a strategy to develop here. The shares are simply a BUY, HOLD or SELL depending upon your view of where Markets are headed. QED!

[skyship] 05/2/2022 10:11

ali - start with this:

[ali47fish] 04/2/2022 13:40

I am recent here -can someone long comment on what triggers the ups and downs - are the majority of investments in tech?

[essentialinvestor] 24/1/2022 15:23

Very fortunate to have so many exits last year, lets hope they reinvested wisely.

Bought back in today, very small amount as don't know where NAV may settle on a
market shake out.

[chc15] 24/1/2022 10:07

PE getting dragged down, will be buying this, and adding on dips. Auostore down 10%

[chc15] 21/1/2022 13:51

Yeh suppose so. Listed Pe co's are quite high beta, so can get hurt more in mkt falls, but if u long term its ok.

[riverman77] 21/1/2022 12:54

Autostore is probably only around 4% of NAV now (after recent falls). And that's assuming they haven't reduced their position, which is possible. Therefore a 6% fall today (on top of earlier falls this month) seems an over reaction to say the least!