Nb Private Equity Partners Share Discussion Threads

[badtime] 01/11/2022 17:31

Zeros have moved a tad

[ali47fish] 23/10/2022 11:41

thank you sky it was indeed a very impressive presentation

[skyship] 23/10/2022 10:51

True I trade NBPE from time to time when anomalously cheap versus peers; but my favourite NBPE holdings are their ZDPs.

Their NBPP redeemed at maturity on 30th September. That just leaves NBPS which redeems at 130.63p on 30/10/24 - almost exactly 2yrs.

A seller on Friday dropped the offer price back from 118.62p to 117.7p. That price, if still available Monday, provides a 5.29%pa YTM. Great value for a cash corner of a SIPP.

[skyship] 23/10/2022 09:29

NBPE hold surprisingly firm at c1570p on a 35.7% discount; whereas PIN at 243p now on a 50.7% discount. Former may be a hold, just, but PIN look to be a screaming BUY. An excellent presentation to be viewed:

[ali47fish] 23/10/2022 08:52

ned and wife bought sharea at top price -any significance

[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