Nb Private Equity Partners Share Discussion Threads

[its the oxman] 20/8/2020 11:07

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 09:11

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 16:22

badtime,

...lol...

[badtime] 29/6/2020 15:44

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

[tiltonboy] 29/6/2020 15:37

My trade hasn't marked yet.

Thanks for the info.

[skyship] 29/6/2020 14:46

Yes, saw that trade, so just topped up with another 5k at that level.

This link shows the cover at 11.4x & 11.8x:

[tiltonboy] 29/6/2020 14:41

Paid 104.47 for the 24's.

Trying to find the cover for each series, but struggling!

[skyship] 29/6/2020 14:22

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 13:08

Which ones did u go for?

[tiltonboy] 29/6/2020 12:03

Picked up a few ZDP's this morning.

[badtime] 06/4/2020 11:20

Toe in on the zeros today

[badtime] 01/4/2020 21:45

Ords up zeros down..hmmm

[alpal2] 26/3/2020 14:03

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

[novision] 26/3/2020 11:19

Presentation here: hxxps://www.nbprivateequitypartners.com

Pg 17 lists investments at Fair Value - says total $1069.5, so I guess you can do the maths? But it as at 29/2/20 so prob down (much) more since then.

[skyship] 26/3/2020 10:46

Impossible to say what the current NAV might be as requires declarations from a host of managers. For a pure guess I would say c850p, ie down c40%, so a discount of 24.7%.

[alpal2] 26/3/2020 08:44

Anyone done a preliminary analysis of the presentation; current NAV?

[novision] 24/3/2020 19:37

Ouch! Bit of an irritating price performance. Hope the investor call on 26th will shed some light.....

[rambutan2] 06/12/2019 18:31

As NBPE is a near pure co-invest vehicle, I thought the below interesting.

See pg12 of presentation for chart: Co-investment fund vs buyout fund performance



And worthwhile article on the subject:

[mad foetus] 18/7/2019 11:16

Good call here sky

[nimbo1] 17/7/2019 10:17

about to move higher

[nimbo1] 17/7/2019 07:57

Nice, given the pound action yesterday and today the time to strike on this one!

[skyship] 17/7/2019 07:16

NBPE today declares an increased semi-annual dividend payment on the Company's Ordinary Shares of $0.29 per Ordinary Share, to be paid on 30 August 2019.

On an annualised basis, this dividend payment represents a dividend yield of 4.2% based on the London Stock Exchange closing price of GBP11.18 ($13.86 at GBP/USD exchange rate of $1.240) on 15 July 2019.

In line with its long term dividend policy of targeting an annualised dividend yield of 3.0% or greater on NAV, this payment represents a yield of 3.1% on the 30 June 2019 estimated NAV of $18.72.

[mad foetus] 16/7/2019 12:06

Thanks sky, and with sterling down 0.8% against the dollar so fa today a holding here seems a good idea right now

[mad foetus] 16/7/2019 10:00

Are the buybacks continuing?