Share Name Share Symbol Market Type Share ISIN Share Description
Pershing Square LSE:PSH London Ordinary Share GG00BPFJTF46 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +14.00p +1.39% 1,024.00p 1,022.00p 1,024.00p 1,024.00p 1,010.00p 1,012.00p 57,435 15:18:21
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial - - - - 1,022.63

Pershing Square Share Discussion Threads

Showing 151 to 173 of 175 messages
Chat Pages: 7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
04/1/2018
12:35
If you hold these you do so in the hope that a)Mr Ackman gets his groove back (as the FT note above) and b) that the discount will narrow. On the latter it is currently narrower than it has been at some points since the float at c. 18%. Why would you tender your shares for a maximum 3% gain on todays market price and potentially less than the market price if the discount from NAV was towards the 24% end? Makes no sense
makinbuks
04/1/2018
09:59
Today's announcement gives a tender range of 24% - 16% discount. At 16% discount to NAV the tender price would be £10.84 vs current NAV of £12.90 and a current share price of £10.54.
127tolmers
03/1/2018
17:48
Historically it traded at under a 10% discount to NAV. If these are the current aspirations then a significant price rise is on the cards.
127tolmers
03/1/2018
09:58
Anyone got any thoughts on the proposed tender offer? Looks like it is for roughly 10% of the current stock. Current NAV of GBP 12.90 and underlying price of GBP 10.48 as I type.
twixy
27/10/2017
09:03
A nice rise in the weekly NAV; at the time or writing the fund is trading at a 25% discount to NAV. The daily investment of circa GBP 100,000 doesn't seem to be doing much to close the 3GBP odd discount per share; looks like plenty of patience needed.
twixy
14/10/2017
09:52
Hi select few.... I'm a holder in BTEM so only became aware of this from the recent posts on the BTEM thread. Certainly looks to be value here - value being an increasingly difficult thing to track down; so bought in yesterday.
skyship
12/10/2017
12:07
riverman77 has just posted on the British Empire thread that he had sold off his BTEM holdings a few months ago when he realised Bauernfreund was moving into PSH. People seem to be very sanguine about this stock! :) [edit] Oops, I was spreading rumours, the internet is not the place to do so after all! He has clarified his post since and has nothing against PSH.
vacendak
12/10/2017
08:35
Yes funny you should mention but it is on my radar and seems to have a much better thought out strategy, and you get a discount on a discount ... I must say that most of these superstar managers are not all they are made out to be, just been reading grants piece on dallio .....
catsick
11/10/2017
11:40
@catsick Giving it a look every now and then too, but still not willing to commit anything either. Getting slightly more exposure to it indirectly through British Empire as Bauernfreund is a bit more bullish than us, as per the latest BTEM factsheet: Http://www.british-empire.co.uk/content/uploads/2017/10/British-Empire-2017-SEP.pdf
vacendak
11/10/2017
10:50
I bought in on friday having been attracted by the big discount and fact the ongoing buyback should close it down, however the more I have looked at the underlying holdings the less I like it, he has a massive holding in qsr which is just too big to be able to sell down, any kind of poor performance in qsr, which is very rich already in my opinion is going to really hurt and if that leads to redemptions on his non listed funds and he will not be able to sell these shares in an orderly fashion, I have thus bailed out after only a few days, I guess I need to do my homework before buying in ...
catsick
09/10/2017
15:07
Little rally last week. Reversing again now?
makinbuks
14/9/2017
11:44
Well its under £10 this morning
makinbuks
13/9/2017
10:27
This could become a big winner if the Herbalife bet pays offThe Chinese regulator could tread where the US one failed and declare it an illegal pyramid selling scheme in the next three to six months. That would potentially kill HLF and make a brilliant return. Coupled with the share buyback scheme and existing discount to a NAV built on assets which are generally blue chip stocks I think this is looking a good edged investment. Ackman has had a torrid few years but historically he has been quite sound. If this dips below ten pounds I may be tempted
longshanks
04/9/2017
06:06
Trading at large discount to nav !
haroldthegreat
07/7/2017
19:53
British Empire (BTEM) seems to see some value in PSH: Http://www.british-empire.co.uk/content/uploads/2017/07/British-Empire-2017-JUNE.pdf Bauernfreund has had the Midas touch for the past couple of years, he could be right with Pershing Square. I ended-up on this thread out of curiosity as I hold some BTEM, therefore now holding a tiny bit of PSH indirectly.
vacendak
02/6/2017
11:11
Added here yesterday,confirmed entry into 250.
contrarian joe
29/5/2017
19:18
Hmm, pretty shocking performance since inception compared to an index tracker fund. Not so sure that I will continue holding
salpara111
23/5/2017
13:28
Arguable that the dire performance from Valaent and Herbalife will mean no performance fees causing a drag on returns for a good while. If they can perform well over next couple of years without the performance fees, it may be the best time to hold. I have a few for that reason, but will ditch if Ackman ego gets carried away. B
battyliveson
12/5/2017
06:16
They've released their latest letter to shareholders: Https://assets.pershingsquareholdings.com/media/2014/09/11173114/Pershing-Square-1Q17-Shareholder-Letter-May-11-2017-PSH.pdf Performance looks rather dire to me, and the Herbalife short position is moving badly against them. Taken off my watchlist ... who knows, that might be a contrarian indicator!
jonwig
10/5/2017
12:55
Will they qualify, though? If the free float is too small, they won't - and I can't find a list of major shareholders.
jonwig
10/5/2017
12:38
Read the same Telegraph article. It would appear that they will automatically qualify for FTSE 250 inclusion which means decent sized institutional buying which added to the buybacks should allow for a modest rise from the current level. I have bought some myself.
salpara111
09/5/2017
05:59
Telegraph article from last week. I'm not wedded to the 'buy' recommendation just yet: Http://www.telegraph.co.uk/investing/funds/questorbuy-newly-listed-fund-manager-desperate-show-hasnt/
jonwig
08/5/2017
12:35
This could be interesting, if only on the discount and share buybacks.
jonwig
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