Nb Private Equity Partners Share Discussion Threads

[chc15] 29/3/2023 14:39:58

Added a bit more here just under 14. Indeed, apart from 3i, the sector has been whacked along with infrastructure stocks. Here Action is it's largest holding, though only 5%.

[starpukka] 29/3/2023 14:02:11

Private Equity appears even more deeply out of favour now following the bank collapses; but it has been for some time IMO .

[essentialinvestor] 29/3/2023 09:56:48

Flyer, I know NBPE less well than others who post here, given the % discount to NAV on offer unless we are heading for a sharp recession it's at least worth monitoring.

Near £13 is last June's low.

[flyer61] 29/3/2023 09:32:34

I have funds…would you be a buyer on an ultra ling term view Essential?

[essentialinvestor] 29/3/2023 09:18:02

Available just under £13.90 on the offer atm.

[chc15] 28/3/2023 14:32:04

So many sales going through, must be a wealth mgr dumping, waiting here..

[essentialinvestor] 28/3/2023 12:33:39

Good fortune.

[chc15] 28/3/2023 12:20:02

Could well do, not far off, I'm happy to buy small amounts as it keeps dropping though, can't predict the bottom.

[essentialinvestor] 28/3/2023 12:11:28

CH, not anticipating last June's low to be retested?.

[chc15] 28/3/2023 11:40:42

Yeh, averaging down for me, here we go again..i can see a lot of sales going through, this needs to be cleared, then maybe then this can move forward again.

[vacendak] 28/3/2023 10:04:45

Just got paid. Time for the monthly top-up. :)

[essentialinvestor] 28/3/2023 09:44:01

12 month low at circa £13, although from memory that price was not quite available on the offer.

[riverman77] 28/3/2023 08:31:38

It was on a much tighter discount than the others (PIN, HVPE, etc) so probably just a reversal of earlier outperformance. Looking interesting though at current levels.

[ali47fish] 28/3/2023 08:19:57

still dont understand the retrace more than others- is a good time to add or wait

[tag57] 23/3/2023 21:35:16

There were a lot of single share purchases late this afternoon. someone trying to walk the price down?

[starpukka] 23/3/2023 21:11:50

Thank you, nexus.

[essentialinvestor] 23/3/2023 19:42:54

riverman, appreciate the reply, thank you.

[nexusltd] 23/3/2023 18:21:18

@starpukka. Target yield 3.4% of NAV. 28/02/23 NAV=USD28.09. Target Div USD0.95
Thus @ Offer 1490p, Target Yield= 5.2%

[starpukka] 23/3/2023 17:41:41

What is current yield here ?

[gopher] 23/3/2023 17:15:39

Agree but some weakness in PE share prices only to be expected given SVB. Just before there was a little buying in the sector as discounts seemed to be excessive, that bounce has now being wiped out. The dividend here is attractive as not all IT PEs make distributions. Aggressive share buybacks seem an obvious course of action.

[riverman77] 23/3/2023 16:55:53

On the HVPE discount, it could be its fairly large venture exposure and lack of dividend, but even so a 50% discount is clearly ridiculous. PIN is on a similar discount, and there are a few others in the 40-45 range all with excellent track records.

[chc15] 23/3/2023 14:32:57

Some chunky sells going through, must be a seller in the mkt, who knows.

[essentialinvestor] 22/3/2023 15:13:41

I don't understand the NAV discount in HVPE?,
given their record.

Is it their particular reason ..

[chc15] 22/3/2023 14:41:35

Yes, hoping it doesn't go back there, but I'm just buying some new holdings, in this, and HVPE a few days ago.

[essentialinvestor] 22/3/2023 14:38:44

Still trading well above the June '22 low,
that looks like the cycle low point for the share price ?.