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
  -15.00 -0.69% 2,145.00 2,145.00 2,150.00 2,200.00 2,140.00 2,200.00 30,312 14:55:51
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 -9.9 -21.4 - 1,160

Pantheon Share Discussion Threads

Showing 76 to 100 of 325 messages
Chat Pages: 13  12  11  10  9  8  7  6  5  4  3  2  Older
I've known for some time that Foreign & Colonial IT had invested in Pantheon funds, however - until this morning I was unaware of the scale. My half year F&C report advises that their second biggest holding is in Pantheon Europe Fund V (57 million pounds) and 20th largest holding is in Pantheon Global Secondary Fund III (19.7 million). Sounds good enough to me....
Breakout looks to be confirmed... free stock charts from
100k trade at 730p on Friday PM. Hope that may prove to be another buyback coup...
It is now looking increasingly likely that, without a general Market sell-off, PIN has completed its retracement and consolidation and is now set to break back above the 50day MA. This would confirm a recovery back to the 780p resistance, ie 6% upside from here. I topped up again today, taking me up to an 8% allocation. free stock charts from
Transaction in own Redeemable Shares 1 August 2012 The Company announces that on 1 August 2012 it purchased in the market 195,000 redeemable shares of 1p each ("Redeemable Shares") at a price of 730 pence per share for cancellation. Following this transaction, there are 34,518,534 Redeemable Shares in issue, none of which are held in treasury. ===================================== A great deal for PIN shareholders; but you have to wonder what sort of wally fund manager sells £1.4m of PIN equity at a 37.6% NAV discount!#?/~
That's more like it - NAV increases to 1193.5p, so at 715p we are again trading @ a 40% discount. Also news that from August we will receive monthly NAV statements. No news of another tender offer. ============================================= Net Asset Value at 30th June 2012 The Board of Pantheon International Participations PLC ("PIP"), the quoted Private Equity fund-of-funds investment trust, today announces an unaudited net asset value ("NAV") per share of 1,193.5p at 30th June 2012, an increase of 4.7% for the quarter and 8.1% for the financial year. =============================================
950k trade @ 712p. Hopefully a PIN buyback.
Extract from my post on the PE thread: # APEF continue to make progress toward that initial 70p target – now @ 67p & up just over 10% in July. Still on a 37% NAV Discount # PIN – a softer market over recent weeks as they give back 38% of their 2012 rise from 625p to 784p. They are right to BUY again @ around the current 722p for a 37% NAV Discount. Further weakness back to the rising 200day MA has to be a possibility; but this is matched/negated by the possibility of another Tender Offer. Perhaps BUY half...then top-up on a 3% fall. # NRI – Up 10% since my post of 22nd June I have recently confirmed with the Company that the seemingly high valuation on their holding in Kerridge Commercial Systems (20% of the portfolio) is actually a conservative valuation; and have accordingly topped up my holding of this trust in wind-up mode. Another Tender Offer is expected in the Autumn Sector remains Good Value. Best Buys – NRI & PIN (see chart below) Strong Hold – APEF free stock charts from
RAM - APEF Finals today - headline statistic perhaps being the dividend; so on top of the massive discount shareholders also have a yield. Are you tempted now perhaps? I made a small top-up first thing...
Switched some LMS (64.5p) into PIN (721.375p). At this level PIN is on a 37% NAV discount. Will look to add @ c695p for a 39% NAV discount...
Closely watching PIN after that earlier classic double-top. Offered @ 728.5p; but waiting for c.719p; though the weaker trend could take them back to the 50% retracement level @ c693p where they would meet the rising 200day MA. LMS interestingly firm today - now @ 62p bid. Also HPEQ continuing to make steady progress ahead of Thursday's AGM and likely news of the next tender offer. free stock charts from
Hi Sky, I'm a much more static investor than you. PIN still looks a pretty good buy to me, throwing off plenty of cash from a fairly mature port and with ever decreasing commitments. I'm happy to continue holding. I've gradually sold out of HPEQ in recent months as its port became v concentrated, although still hold a few. I bought a few FPEO as its board turned proactive. I'm happy to watch APEF from the sidelines for the time being. Am happy to hold MTH as illiquid and am confident will come good in the end. III comes out with its prelims on 17th. I think board will have to come out with something to please shareholders and close up the 30% discount.
Hi Ram - personally I'm out of these at the moment, though not happy in being so! Still, I'm very happy with the 20% turn. The PE plays are a mixed bunch - though overall they have out-performed the Market since I started the PE thread last December. Currently I am once again very keen on HPEQ; and also on APEF. MTH is proving to be somewhat of a dullard; but hopefully they will show some evidence of positive liquidation steps before much longer. Any views?
Adds another few 100k to nav... The Company announces that on 3 May 2012 it purchased in the market 100,000 ordinary shares of 67p each ("Ordinary Shares") at a price of 777.5 pence per share for cancellation. Following this transaction, there are 36,566,013 Ordinary Shares in issue, none of which are held in treasury.
Digital Look's current summary: "Pantheon International Participations is in the equity investment instruments sector and is currently trading at 782.00p per share. In the last year Pantheon International Participations's share price has ranged from 602.00p to 789.00p and brokers are currently rating this stock as 'strong buy'."
At the moment I'm out as PIN hit my target more speedily than anticipated and I expect a period of consolidation below 780p before further progress. So, watching and waiting to get back in... Today's NAV figure of 1140p is lower than I personally anticipated. At 770p the discount has "retreated" to 32%.
news looks good
As I said, I understand your point, I was just lucky in that 1994 was a bad year for the market, and I bought 4 trusts that year. In FOOTSIE terms, the real growth was over the following 4 years, with double digit percentage growth each year, twice over 20%. If you look at the Strategic Equity Capital thread, you'll see a similar story, though in reverse. It is now being touted as one of the best smaller companies IT over the past 3/4 years - which is true. The trouble is that I bought before that period, and have yet to break even, as 2008 & 2009 in particular were terrible for this trust. It has a decent team behind it, and I have faith that it'll be okay in the end. Incidentally - SEC has a private equity flavour, which attracted me to it in the first place.
Damanko - what people do with their investments is entirely their own affair. I would just say that you've done superbly selecting & holding PIN all this time; but that stats speak for themselves when it comes to the performance of certain "Blue Chip" trusts such as Witan, which since 1997 has only just outperformed the FTSE & UK Inflation. Quite obviously I am not one of the BUY & HOLD brigade; I am an active investor who trades the Market swings, thankfully with some success. But a significant out-performance of the indices does come at a price, namely seeing my SIPP as an enjoyable job taking on average perhaps 3hrs/day. Incidentally, the chart below goes back to 1997 and not 1994, as for some reason the Witan chart doesn't go back those extra 3yrs. From yr stats the period of 1994-7 provided good performance. I'm sure you will agree that since then a compound growth rate of 3.8%pa in the share price doesn't exactly impress! free stock charts from
SKYSHIP - I understand your point, but long-term performance means different things, to different people. As you'll know. What is long-term to you? I have no idea, only you can answer that. I bought Witan in 1994 at about £1.36 per share. The bid price now is in the order of £4.86. I receive a dividend of around 12p per share. A yield of something like 11% on my starting capital. So, in a nutshell: My capital is worth three and a half times what it was 18 years ago. I receive more than 10% tax free yield on that capital. Now tell me that Witan is a disaster for long-term performance? Back on topic, I bought Pantheon in its earlier guise (GT Ventures) in 1989, at a little under a pound. I'm still holding...........
Damanko - I was discussing ITs the other day on TMF and Witan was one of those I was citing as a disaster for long-term performance, identically bad as FRCL. Many of those large old trusts are an absolute disgrace - more power to the elbows of the activists such as Peter Spiller at Capital Gearing Trust. BTEM & CGI are two with better records; and that latter provides 100% exposure to Canada and the Can$. free stock charts from
ASMO - nothing wrong with O/T chat, especially when stock-related - that's how we can pick up new ideas. Have you looked at ACD? Bought into that this week after Seeker posted on the SL thread. Glen - sorry, as ASMO too will bear witness, many of us look back at the Splits as manna from heaven over 2002/5. The Zeros in particular were a licence to print money. The JDT thread was a very active Forum for many of us; and lives on today as a Forum for like-minded investors to exchange ideas. I realise that for many in there before the crash, it was indeed not a sector to recall with relish!
Yes, I've got CLIG, and City Merchants.
End of week, my screen of 28 ITs is completely blue, except for NAS - guess what I bought today? Hoping this pull back is a buying opportunity, as I've little USA exposure at present.
Not at all OT. Have been into IT's for 2 decades and more. Witan, 19 years on has been excellent, same for City of London IT. And on the high yield front, City Merchants has been a decent performer - and brought very good income for the last 10 years.
Chat Pages: 13  12  11  10  9  8  7  6  5  4  3  2  Older
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