Oakley Capital Investments Share Discussion Threads

[brexitplus] 18/7/2019 07:07

Interesting move from AIM.

[flyinggogo] 07/7/2019 17:12

Hi all, weighing up a purchase here, but cannot understand why woodford selling £87m didnt hit the price massively; rather, it looks to have gained momentum?Also, is oakley ran as a mutual fund, as I cannot find any OCF figures, charges, etc.

[brexitplus] 22/6/2019 08:08

Holdings from annual report 31 March

Invesco Perpetual 20.4
Woodford Investment Management 19.8
Asset Value Investors 10.8
FIL Investment International 5.6 OCI
Directors, employees and related parties 5.1
Sarasin and Partners 5.0
Rothschild Private Management 4.0
Jon Wood and Family 3.4

[brexitplus] 21/6/2019 18:04

“His biggest sale so far has been the disposal of up to £87 million of his stake in Oakley Capital Investments (OCIO), the listed vehicle of the private equity company which helped the manager launch his own fund group.

Woodford's sale of the shares over the last week took his stake, held in both Equity Income and Income Focus, from 19.4% of the shares to below a disclosable position.

Investment trust activist AVI Global (AGT) appears to have snapped up some of Woodford's old stake, upping its holding to 11.9% in its quest to pressure management.

Founding directors Peter Dubens and David Till have also bought more shares in the last week, while Australian fund manager Barwon has appeared as a new entry on Oakley's shareholder register.”

From Citywire

[makinbuks] 21/6/2019 16:46

Plausible Spec, very plausible

[spectoacc] 20/6/2019 14:21

@Makinbuks - Barnett is my "elephant in the room" re Woody fiasco. Yes, he's hugely biased towards the large, liquid stuff - usually a Top 10 full of ftse giants. But - he's also in most of the same cr*p that Woody has, and his performance is similarly bottom quartile.

Hence when the hoi polloi look around for "The next Woodford" (not in a good way), it's Barnett they'll alight on, and redemptions will accelerate. I suspect that's already happened, hence him cutting small amounts of things like OCI.

All IMO.

[rambutan2] 20/6/2019 14:16

I know Barwon. An experienced Oz fof outfit. They are a good buyer to have and a sensible seller. A good result for OCI holders.

[contrarian joe] 20/6/2019 13:10

20/06/2019
12:51
UK Regulatory (RNS & others)
Oakley Capital Investments Limited Annual Report and Accounts and Shares in Issue

[makinbuks] 20/6/2019 12:16

"Interesting that Invesco cut slightly, but would expect Barnett to be next in line after Woody."

You mean he follows Woodford? I cant see why Invesco would sell, I don't think Woodford wants to either

[makinbuks] 20/6/2019 12:12

Never heard of Barwon either but they have a very interesting website. In addition to traditional PE activity they have a section on tactical PE where they take short term positions. It may have been this side of the business that got involved here

[spectoacc] 20/6/2019 08:26

Barwon Investment Partners Pty Lt (Aussie PE? Never heard of them) took the 14.7m I reckon.

Interesting that Invesco cut slightly, but would expect Barnett to be next in line after Woody.

[spectoacc] 19/6/2019 17:28

I reckon it's a purchase, and we'll see an RNS. But interested in what others' views are.

[makinbuks] 19/6/2019 17:27

Is the 14.7m definitely a sale or another balancing purchase?

[spectoacc] 19/6/2019 06:41

Thanks - and the 14.7m?

[slicethepie] 18/6/2019 19:29

The sale this am corresponds exactly to the number of shares that woodford had left after yesterdays updated holding 15,033,669 so definitely him.

[davebowler] 18/6/2019 16:30

Liberum;

Event

Peter Dubens, co-founder and Managing Partner of the Oakley Capital Group, has acquired a further 5.3m shares in Oakley Capital Investments at a total cost of £11.7m. He now holds 14.9m shares (7.3% shareholding) in the company.

In addition, David Till, co-founder and senior partner of Oakley Capital Group, acquired £0.5m of shares and now holds 0.27% of the company.

Liberum view

Partners of the investment manager have consistently acquired shares over the past two years. The scale of the investment demonstrates confidence in the prospects for future NAV performance. Increased alignment of interest is one of the main initiative's identified by the company to address the discount to NAV. The company is poised to deliver a strong return in 2019 following a 16.5% NAV TR in 2018. We estimate the increase in Time Out's share price and the Inspired transaction have added 11% to NAV to date in 2019.

[spectoacc] 18/6/2019 16:23

Am not sure, that seems a bigger transaction than previously - one 15m, one 14.7m, reported almost together. Could be late-reported from 3 trading days ago?

Any which way - onwards & upwards for OCI. As I keep saying, it's the best listed PE co IMO.

[slicethepie] 18/6/2019 15:29

Looks like Woodford is out now 15m sale at 222p

[solarno lopez] 18/6/2019 11:21

A very big one with todays rise

[spectoacc] 18/6/2019 07:32

Dubens must have a big sofa.

[cwa1] 18/6/2019 07:30

Hmmmm, interesting set of announcements...

[spectoacc] 18/6/2019 07:27

At least, since that was last Fri - recent trades also worth a look. OCI worth a lot more than current price IMO, but then I would say that :)

[brexitplus] 18/6/2019 07:26

Woodford down to 7% from 19%.

[robsy2] 17/6/2019 14:07

A question for more knowledgeable investors than me;

Oakley Capital Investments Limited is a closed ended company governed by the provisions of the Companies Act 1981 of Bermuda and is listed on AIM. The rights of OCI shareholders may differ from the rights of shareholders of a company incorporated in the UK.


Should the Bermuda registration worry me?

R2