We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Pershing Square Holdings Ltd | PSH | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -26.00 | -0.70% | 3,706.00 | 16:35:21 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 3,724.00 | 3,670.00 | 3,738.00 | 3,706.00 | 3,732.00 |
| Industry Sector |
|---|
| GENERAL FINANCIAL |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 06/11/2019 | Final | USD | 0.1 | 19/11/2020 | 20/11/2020 | 18/12/2020 |
| 06/11/2019 | Interim | USD | 0.1 | 20/08/2020 | 21/08/2020 | 18/09/2020 |
| 06/11/2019 | Interim | USD | 0.1 | 21/05/2020 | 22/05/2020 | 19/06/2020 |
| 06/11/2019 | Interim | USD | 0.1 | 20/02/2020 | 21/02/2020 | 20/03/2020 |
| Top Posts |
|---|
Posted at 16/12/2024 10:29 by mingles1 Update... I had to change my monthly investment choices on HL and it wouldn't let me save the new selection until I removed PSH. So that route has seemingly gone as well. |
Posted at 13/12/2024 08:47 by foetus in your brain With the NAV at ATHs but share price still 8-9% below it's ATHs there's plenty of scope to run here imo. I've surprised if PSH wasn't tipped in a lot of the picks for 25 |
Posted at 11/12/2024 15:44 by mingles1 Not sure if it's an HL loophole, but PSH went through fine on my monthly drip-feed purchase plan today. |
Posted at 27/11/2024 11:28 by affemoose Listening to the call - It was long, lots of commentary and perhaps too much in places, left many things unsaid . I've put notes here as much for my own records as anything.- Musings on politics - Trump, efficiency etc. - UMG - long discussion, the reason for bad Qu, hopes in 2025 for earnings growth etc. Nothing on delisting. Nothing on NY Float etc etc. Long monologue about this - future, growth etc - this was 'odd' imho. Sure it's huge for PSH but also never normally gets this focus - Given the comments Bill made - this is notable by it's absence. Some comments in the BAM section regarding S&P 500 also releted to UMG - that they are not US listed and this is an issue for price. - Alphabet - Revenue up 30%, headcount down 3%, Google cloud profitable and growing, AI search going well etc. current p/e of 19 is temporary driven by Anti Trust and deserves to be much higher. Interesting note: This is current 'team' and new Trump admin coming in and will reduce punitive impacts. Clear what they think will happen. - Brookfield - Restructuring, PSH staff was key part of this. BAM, Infrastructure. Trump admin well positioned to benefit. This is a complex business tbh and I didn't always follow the ownership etc. - Restaurant Brands - Undervalued against peers, again... not floated in US, so is suffering from this. HHH - 'resilience', no update on options to take over as an entity but is mentioned. But clearly still very much an option. Hilton - Going great. NIKE - (53 minutes in...) - Strong Brand. 18% market share in athletic footware and apparel. (Where?? US?). Margins low - so potential to improve. Is in 'temporary trouble' - hence investment. What went wrong? - they picked wrong CEO. Ex software exec who knew nothing about the industry. He made a mess of it. New CEO now in place who knows Nike inside out(Oct 14th) who PSH really rate. Canada Pacific - Good leadership now. Stock held back based on Trump Tariffs. Fanny/Freddie - up well. Looks good balance sheet. Seaport - invested in rights, good asset value, work underway to improve profitability. No mention of SPARC |
Posted at 27/11/2024 09:51 by affemoose Share Buy-Back -once completed will take Total Buy-Back to $1.5xx billionPershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (NA:PSH) today announced a share buyback program (the “Program” Since PSH commenced its first share buyback program on 2 May 2017, PSH has repurchased 65,952,753 PSH Public Shares for a total of $1.4 billion at an average price of $20.81. Jefferies International Limited will continue in its role as sole buyback agent for the Program which will enable the purchase of shares during closed periods. Shares repurchased by the Company will be held in Treasury. PSH advises shareholders that the number of shares to be repurchased under the Program shall not exceed $100,000,000 or 5,000,000 PSH Public Shares. The Program is expected to last approximately until PSH’s next Annual General Meeting but may end earlier depending on exchange liquidity. |
Posted at 22/11/2024 09:44 by rickyl1 I contacted Tony at Investor Relations. His response....."For regulatory reasons we are unable to address any questions specific to Pershing Square Holdings, Ltd. on our May and November conference calls. For that reason, we are only able to cover topics related to the portfolio not topics specific to the structure of PSH such as discount and listing. However, we are able to address these issues at the February PSH Annual Investor Meeting, in the PSH Annual Report (published in March) and in the PSH Interim Financial Statements (published in August)."He got back to me very quickly and he seems very amenable to communication. |
Posted at 08/11/2024 14:17 by severnof9 With BAs support for Trump I expect Bill will hope Fannie and Freddie are brought out conservatorship. That will bring into play our ‘perpetual options’It also was no surprise that Brookfield are eyeing a US listing. Shortly after PSH bought a stake I intend to hold PSH for the long term. We seem to be lucky where Bill is involved! |
Posted at 08/11/2024 09:15 by affemoose I'd love to know the extent of the various financial instruments that PSH are holding. Those 'Asymetric Bets' - I know they have/had one on interest rate swap options - no idea how much or in what direction (one must assume down), but Trump winning may not do that bet many favours - there is an assumption of inflationary upwards pressure with his policies.It's worth putting this in your diaries: "Pershing Square Capital Management L.P. will hold its third quarter investor conference call on 21 November 2024 at 16:00 GMT (11:00 EST). During the call, CEO Bill Ackman and the other members of the Pershing Square investment team will provide an update on the portfolio and address questions e‐mailed in advance by investors to: ir@persq.com. An audio webcast of the conference call will be available on PSH’s website at www.pershingsquareho Following the call, a replay of the event will be available by audio webcast until Thursday, 5 December 2024 at 16:00 GMT (11:00 EST). To access the audio webcast, please visit PSH’s website at www.pershingsquareho |
Posted at 10/7/2024 08:21 by donald pond Aiming for $25bnNot sure how it will work alongside PSH. There will be no fees at PSUS for first year, and unless fees between PSH and PSUS are equalised then you would expect the one with higher fees to be on a higher discount Common sense suggests that is PSH are Bills best ideas then it would make more sense for PSUS to buy PSH (perhaps at a 10% discount to NAV) rather than replicate the underlying holdings. Or give an offer to exchange PSH for PSUS. |
Posted at 04/6/2024 12:09 by affemoose It's not that confusing once you ignore the media screwing the names up.PSH Trust - this trust, the PLC, remains the same. It is managed by Pershing Square Capital Management (PSCM) PSCM was the private company owned by the exec in Pershing Square and who managed the PSH fund, this is where managemnet fees and performance fees went when PSH paid them. This money then either stayed in the Management company or was paid to the shareholders - the exec. One can only assume there are Tax benefits for managing their earnings this way. PSCM has sold 10% of it's shares to various funds for $1bn which values the fund at $10Bn. They have mooted that PSCM may IPO and float - a great way for the ageing management team to get cash now and also provide a clear exit route when they give up and go and enjoy their money in retirement. PSCM have stated that they intend to use some of the $1Bn raised (approx half) to underpin a new, as yet to be launched, US Fund (PS US). The documents for which have been submitted to US Securities commission and it is proposed it will launch 'later' in 2024. The PS US fund will look very similar to PSH. I assume that the initial float of PSUS will raise many billion $ more that will go into the war chest. PSH is not an Investment Company as it has, does and will use complex financial derivatives to 'bet' on Macro events - not so much atm but i am sure it will again. It hasn't shorted for years but it's done well out of interest rate derivatives etc etc in the past. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
