Polar Capital Share Discussion Threads

[mister md] 21/3/2024 13:42

Just need to be patient - Liontrust (LIO) had a relatively quick 10%+ bounce since January - could see similar here - 500p short-term target ? I'm holding both for the long term though - excellent dividend payers ...

[diviincomesearch] 21/3/2024 10:36

I have AuM at end of Feb around £21.2bn based on factsheets. Tech funds and trust responsible for most of that.

Main positives are the chances of performance fees have arisen again, mainly healthcare although very early in the year.

New global small cap hire in the states which is interesting joins in September. Hopefully can bring in some flows.

The Robeco hire hasn’t worked out yet, market conditions just haven’t been in our favour so very difficult to get flows in.

[davethehorse] 21/3/2024 09:23

Surely with markets rising now the AuM update in April is going to be pretty positive....and yet the POLR share price is quite considerably lower than it was in December (460p)...a huge mis match imo...gl all

[davethehorse] 21/3/2024 08:12

Should be a good day here today....as it will with most stocks....gl all...let's see if the recent volume increase here is sustained... could be the start of a run up towards 500p+

[davethehorse] 20/3/2024 17:02

All eyes on the Fed interest rate policy later this evening now....

[davethehorse] 20/3/2024 11:21

Volume steadily increasing....keep an eye on it....;-)

[davethehorse] 19/3/2024 15:41

Is the lid finally being teased off a little....;-)

[davethehorse] 19/3/2024 11:12

The market is trying, and failing imo, to get weak margin holders to sell by triggering stops using their constant little algo trades, the bigger volume trades are mainly buys imo, good buying opportunities here when they drop the SP

[davethehorse] 18/3/2024 15:29

Hello down ticker you sad little person....

[davethehorse] 18/3/2024 15:29

Volume increasing at least...;-)

[davethehorse] 18/3/2024 14:47

Can see a predator lining up a bid here at this market cap....maybe that's why it's being held back by the market...??

[davethehorse] 12/3/2024 14:53

Could see a big rise once the 460p level is smashed, which could be very close now...as you say just needs volume then we're away...500p will come quickly after imo...

[stamford hill] 12/3/2024 12:53

Just not getting the volume yet to breakout with conviction. Still watching..

[stamford hill] 07/3/2024 23:45

Setting up here for a very strong move to the upside. I'm watching it closely. If you draw a descending trend line on the weekly chart from the previous high in April 2002 through all the previous highs you will see a two year descending wedge forming. My trendline at the moment is currently saying 450. The stock this week has been chipping away at that resistance.. aimo

[riverman77] 05/3/2024 19:53

Most asset allocators will want a mixture of active and passive for diversification reasons. POLR should be well placed as they have they have some well established and strongly performing funds in the tech, healthcare and financials space.

[1c3479z] 05/3/2024 12:22

FUM very largely, 75% or more, in financials,global tech and healthcare,
if active management has any future, then should have thought that POLR ought to be well-placed.

[pj84] 03/3/2024 18:58

As this is the holding company rather than an individual fund I agree the Win factor is going to be fairly small in the scheme of things and probably the increase is more to do with the hopes for the start of interest rate cuts starting to improve along with the tech and AI sector leading the way.

[diviincomesearch] 02/3/2024 08:44

The wincanton bid means naff all in the grand scheme of things sadly. Few million quid neither here nor there. Possibly a continuation of the undervalued nature of the U.K. stock market where opportunistic private takeovers are happening time and again

The tech fund and trust along with the AI fund have been piling upwards. It’s been a weird period though where through 2023 the fund was up 30%+ and still had net outflows. Normally the hot money would be chasing those sorts of gains.

The healthcare fund has been smashing it recently. More than a £1Bn fund with a big conviction (max 10% holding) in the Zealand pharma stock which has piled upwards. Crucially if the performance is maintained through 2024 (a big if) we’ll have a very healthy performance fee from that stock- £10mn plus.

[rogerbridge] 02/3/2024 08:05

Polar Tech funds performing strongly.

[pj84] 01/3/2024 14:16

The bidding war for Wincanton won't have done any harm to the NAV. Polar Capital currently hold just under 3m shares. On 19/1 the shares were trading just under £3 and Ceva made a bit at £4.50 then because of possible counter offer they raised their offer to £4.80 and then GXO made a bid at £6.05 and Polar is one of the major shareholders to give irrevocable support which is where I noted Polar's interest.

Wins shares are currently trading at £6.23 above the latest bid so the market thinks this isn't over yet!

[davethehorse] 01/3/2024 11:57

Much more positive today....4% up....any thoughts why?

[1c3479z] 28/2/2024 18:31

Many thanks Rman

[riverman77] 28/2/2024 15:32

From memory about 40% in tech and 15-20% in healthcare so heavily weighted to these 2 sectors.

[1c3479z] 28/2/2024 15:15

agreed, both funds are excellent, what proportion of their FUM is in tech and global health?