Pershing Square Share Discussion Threads

[rambutan2] 08/2/2024 03:54

Today's presentation:

[nexusltd] 07/2/2024 22:28

A possibility is that if PSUS is appropriately funded; it buys stock from PSH, to be liquidated, in part or entirely.

[rickyl1] 07/2/2024 21:43

Interesting and looks positive for PSH. Hopefully Bill puts some flesh on the bones either tomorrow or once SEC approval is gained.

[riverman77] 07/2/2024 21:42

Far too complicated to get my head round this new fee structure and what it means for PSH holders at this time of night. Will have another look tomorrow.

[nexusltd] 07/2/2024 21:40

@donald pond. Thank you. Very interesting. More may be revealed tomorrow.
Edit. Deleted arbitrage thought as not feasible.

[donald pond] 07/2/2024 20:51

https://x.com/drapersgulld/status/1755301489600286787?s=46&t=YfR7OyhMlqZLtI-h86iCxA

[donald pond] 07/2/2024 20:49

Lots of news on Twitter. New fee arrangement and US fund proposed but not straightforward

[rickyl1] 07/2/2024 08:44

Chipotle Mexigan Grill. Big restaurant chain in US mainly.

[arja] 07/2/2024 08:13

CMG ? who is that as can not find company with that epic code. PSH opened weaker today which is unusual

[donald pond] 07/2/2024 07:16

Decent results at CMG, up 3% after hours

[arja] 05/2/2024 15:26

even PSH has succombed to the falling US indices in last hour but might not be a buy quite yet

[arja] 02/2/2024 11:23

bagouss,
I said " UNTIL a definite reversal " but that has not happened yet as you rightly say :) . I mentioned the piece of string :)

[riverman77] 02/2/2024 10:29

I've heard that before, although doubt anyone would go the lengths of replicating the portfolio. In any case, it would be near impossible to replicate the hedging positions, and any trading activity during the month.

[rickyl1] 02/2/2024 10:14

I think it's to stop people just mimicking the portfolio and avoiding fees etc.

[riverman77] 02/2/2024 09:41

Good detective work! I do wish they gave a bit more info on their factsheets. Why so secretive?

[rickyl1] 01/2/2024 23:45

Looks like Lowes has been sold. No retail in Jan performance report and positions reduced to 10 from 11

[rickyl1] 01/2/2024 11:26

The investor meeting in a week's time should tell us of any pf changes and hedges which could spark more interest and more upside...or not, who knows.

[riverman77] 01/2/2024 10:09

Discount really starting to come in now to about 27% - still wide but better than its average of about 35%. Question is - is this the start of a proper rerating, or will it drift back to its usual 35% level?

[jellypbean] 22/1/2024 15:27

This thing is at its best in a market downturn, as I've discovered after having sold it twice when I thought US markets were getting toppy, only to realise afterwards it it was well hedged against a downturn.

So, it's now 5% of my main portfolio at time of purchase (was 10) and I've told myself to run it until/unless there is some major change in it's structure/remit.

[bagpuss67] 22/1/2024 12:55

Hi. Sorry to be dim. What reversal? isnt the chart just consistently up over the years?

[arja] 22/1/2024 11:38

Donald,
thanks for commenting . roaring on today and "how long is a piece of string" can be asked again as chart shows a NOR situation :) . I trade this NO stamp duty trust but keep a small core holding until chart shows a definite reversal . Good luck !

[bmel] 19/1/2024 17:02

And a nice bounce back today. I think a new all time high, discounting a single fat finger transaction.

[jellypbean] 18/1/2024 15:44

Buried in on of his very long tweets about Harvard from Jan 3rd
NB I didn't spit this myself, it was in another discussion board, though I did check it.

"We are going to need assistance with a large IPO soon so we are looking forward to working with our favored smaller banks."

Don't know what this is code for...

[riskvsreward] 18/1/2024 11:47

It makes perfect sense for them to sell some of the shares and buy back their own shares at over 30% discount. That is perhaps what they are doing as they buy back £3 m worth of shares everyday.

[rickyl1] 18/1/2024 11:15

Always interesting to see changes in the pf. I wonder if the Sparc is close to a deal.As you say, mid Feb 13f or maybe the Investor presentation on 8th Feb will give us the answer.