Share Name Share Symbol Market Type Share ISIN Share Description
Pantheon International Plc LSE:PIN London Ordinary Share GB0004148507 ORD 67P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  35.00 1.64% 2,170.00 2,160.00 2,165.00 2,185.00 2,100.00 2,100.00 13,866 12:15:08
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 -9.9 -21.4 - 1,174

Pantheon Share Discussion Threads

Showing 1 to 20 of 325 messages
Chat Pages: Latest  1
damanko - many thanks for all that info. It's a nice smooth 'un isn't it - there can't be many ITs that have gone up today! Regards.
Okay. These are redeemable shares issued by PIN last year. They replaced loan notes, as a there was a potential tax liability for loan note holders. Shareholders were given the choice of converting their loan notes (originally issued to us in 2000) into either redeemable shares, which should track the NAV, or ordinary shares. I chose ordinaries, as I'm a simple fellah. Pantheon's capital structure now is: 26,471,013 ordinary shares 16,353,199 redeemable shares From those figures it is easy to track the market cap of Pantheon. FYI it has net debt/gearing of circa £31.5 million. You should be able to download the annual report from: Regards
Anyone know what relationship "Pantheon Int. Rd" (PINR) has to PIN? It's obviously related as the price moves broadly in line with PIN, but any other information gratefully received! It's only been going since September last year, and seems incredibly lightly traded.
Looks like the buy out 2004 re-vitalised the company, as it seems they were struggling for a while there. Seems to tick up nicely this one.
Just looking at listed firms in this sector..just was not sure if they were same outfit. Not holding.
Yes, PIN is Pantheorn Intl. Participations Inv. Trust, headed (forever.....) by Swire. Used to be GT Ventures, bought out in around 1989 by Roddy Swire, though sold last year to an American outfit, same management team though. Why.....? Regards
Is PIN pantheon ventures headed by R Swire...or a different Pantheon company?
I don't have much knowledge of the oil majors but what I know leads me to share your conclusion. I too have been looking at building some stock in Shell rather than BP. I think that most if not all the bad news is out in the open and there are also signs of a possible shake-up of the corporate structure. There is an interesting article which makes persuasive reading as to why the oil price will remain high for the forseeable future.
Fair comments Acol. I keep thinking of late '99 at the moment. 2 reasons. I sold IT's then, that I'd held for the best part of 10 years, good old solid ones like City of London, F&C, F&C Euro, Fleming Mid-Cap and a few others. And put a fair wedge into a venture capital trust. Er..... at the top of the bassted market. No fool like an old one..... Anyway, having sat on paper losses for 5 years, looks like I held my nerve. See my recent postings on FTVC, they were involved in a large way in the recent placings on AIM of Sarantel (cost to FTVC £0.35p) and ANT (cost to FTVC £0.71), and have Oxonica on the blocks, should place/float in May. The other reason? A mate of mine put £25K into Dragon Oil. November 1999, he and I were on a cricket trip abroad, he was "losing" hundreds of pounds as each day rolled on. Funnily enough, we lost 5 out of the 6 matches as well. C'est la vie. I think Dragon recovered, I hope he held his nerve as well. My point about energy/oil stocks is that you have to live with a lot of volatility, when one minnow suffers, they're all tarred. My partner is opening a SIPP next month with Alliance, I think Shell is a little undervalued, a monthly pop into them over the next year or too may look okay in 10 years time. Wonder if she'll take my advice.....................?
damanko Thanks. I too make it a point of never recommending a share - DYOR etc. Interesting that you obviously find oils so speculative. There are many small oil shares where I would agree with you wholeheartedly. Many of them justify the well known definition of a mine as being a hole in the ground owned by a liar. White Nile especially come to mind as a mega speculative punt which does not own as much as an egg cup full of oil. A reckless spin of the roulette wheel IMHO. IMO Dana is a completely different kettle of fish with solid revenue producing assets - mostly in the North Sea. The more speculative non-producing assets in less stable areas are largely in the balance sheet for nothing. From a personal perspective I think that the days of cheap oil are over and that as a conservative guesstimate the price will unlikely fall below $40 a barrel for the forseeable future. I'm also pretty sure that analysts have not valued oil shares at anything like these prices. In fact the more flambuoyant valuations have only factored in a price of about $30 a barrel. There is no denying the fact that many small oils have rocketted way above their true value and any bad news will see the shares plummet to a more realistic value - with badly scorched fingers. SOCO is arguably more speculative but with much higher potential rewards. Regarding my holding in IT'S. I am quite tempted to cash some of them in and possibly buy back into my ISA. I say possibly, because the other side of the high oil price equation is a more depressed world economy. Going full circle this scenario is also likely to lead to a dampening of the oil price. At the end of the day it boils down to a question of timing and personally I find this aspect of investment much more difficult than individual stock selection. Good luck with your investments. Regards Acol
damanko Somewhat arrogant of me to say that 'great minds think alike' but I too invest in an Alliance SIPP for my wife. Incredible value with the very low costs. Aside from investing in F & C Smaller Companies IT (which has also done quite well over the last year or so) I also have a sizeable holding in a couple of smaller oil companies - Dana and Soco. Quite a while ago I used to have a holding in RIT Capital Partners. No longer follow that share but agree that it is a quality outfit. Aside from that I have done very well out of Discovery Trust - especially the warrants in around 1999.
damanko I guess its just you and me sticking this this boring IT. Quite happy to be bored to death with these steady rises to its old highs. Regular monthly purchases in the low cost savings scheme has done me proud over the years.
Historic stuff: PIP (or PIN as the epic has it) was formed from GT Ventures, an eighties fund specialising in looking after pension funds for (mostly, then) publicly owned utilities. It floated at £1.00 per share in 1987. Since then as well as paying special cash dividends/buybacks to the tune of around £3.00 per share, it has reached a share price high of around £9.00. The last published net asset value per share (June 2016) is: £17.39. As the few regulars on this thread will know, I've recently sold my remaining holding in PIN. What a star it has been. If only in the late 80's I'd put all the cash I had at that time into Pantheon ..... Ho hum. Luckily I'm not perfect, and neither is life. Very best of luck to all holders (as football managers always say: Going forward.... See my earlier posting on same subject, old thread. Any other supporters of this quality company out there, or is making money, returning good results year on year just too boring for the BB's? It is probably the most mature "fund of funds" on the London market, and currency issues notwithstanding, is heavily exposed to an upturn in both US & global markets. Do your own research etc, but I'd be interested to hear what any "serious" investors out there think.....
This one is set to run, IMO....... I've bought a few here and there, been buying since '89, when it was known as "GT Ventures". Since those days it has steadily returned 20%+ per annum, as well as a hefty cash return to shareholders in 2000. It does make me think, when the BB is full of the old, usual suspects, while stocks like Pantheon make little noise, they just carry on increasing returns. Unheralded.....
Always good fun to see boasters come unstuck ;-) (I do normally prefer it to be someone else though!)
MTG Well I did add a smiley! As a long-term holder it really doesn't bother me. Quite happy to pick up a few cheap shares when they lower the platform, so to speak. Sorry about your loss. It was just poetic justice that it happened so soon after your premature boast at 1 above. No offence meant. :-)
Aaw, c'mon. With any stock that's worthy of longterm investment, shorters whose antics help to deepen the dips are doing the buyers a favour. Like those buses that lower the entrance platform at each stop, to let people on at a more favourable level ;-) PS: I am always relaxed towards long players or shorters, being both myself. They each do each other favours, sometimes without realising ;-)
I am normally quiite relaxed in my attitude towards shorters - especially if I am taking the longer view. As it happens this is one of those shares that I drip feed savings into on a monthly basis via their nil charge saving plan. However, I have to admit to gritting my teeth a bit at post 1 above. But post number 2 has added a little cheer. Occasionally, there is some justice in this world! :-))
Did I cover position when the price levelled out on volume? Nope. Did I do so when it showed first signs of turning upwards? Nope. Did I wait until news broke confirming a takeover and price was already rising? Yep :-( That's not the way to do it. Should have stuck to my rules, one of which ought to be don't hold leveraged positions while distracted by Xmas preps. I hate Xmas. Grrrr!
Been short since £5. Shorted more today. Today's fall takes market cap below £100m.
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