Polar Capital Share Discussion Threads

[jasperlachat] 06/8/2024 08:23

Bizarre share price reduction this morning. The broker downgrade seems as reactionary as a PI running scarred due to a sudden Market drop. Can’t imagine many were emptying their Polar funds due to the circus of the last few days. Interest rates are coming down and there’ll be the continuing return to equity markets.

[davethehorse] 05/8/2024 11:30

400s coming again here by the looks of it, hope profits were taken

[mister md] 02/8/2024 07:22

Big POLR dividend received today - now, where to re-invest it ?

[mister md] 01/8/2024 12:37

The Chief Investment Officer sure knows how to gradually offload his investment in POLR ...

[sevenccc] 31/7/2024 17:05

sorry dup..

[sevenccc] 31/7/2024 17:03

From Zacks.com - Q2 results from the Mag 7 are expected to bring in +26.8% more earnings relative to the same period last year on +13.7% higher revenues. Beyond these Mag 7 players, total Q2 earnings for the Technology sector as a whole are expected to be up +16.8% from the same period last year on +9.5% higher revenues.

We might be concerned Tech is overvalued and due for a pullback but unlike the Dotcom era boom and bust there are some pretty solid earnings underlying it all these days. Hopefully this is just a blip and the ship will steady....

[diviincomesearch] 29/7/2024 19:16

There’s the retired former Absolute Return fund manager who’s been steadily his holding in the firm. Imagine that’s been absorbing quite a lot of buys.

[raymund] 29/7/2024 18:49

Looks like there has been some profit taking but trust that the upward trend is set to continue. I'm in for the long term taking the juicy dividend income in ISA - tax-free!

[mister md] 26/7/2024 10:47

Hello 600p.

[apad] 24/7/2024 15:37

Thanks riverman.
Tesla has been something to avoid for a long time - on a technical basis not an investment basis 😊
Wonder if reality is dawning.
apad

[mister md] 24/7/2024 14:44

Thats why I opted for PCT and not SMT a while back as the latter had lots of Tesla which I wanted to avoid. Should've held it a bit longer though ;-)
POLR on the other hand I'm keeping as a long term hold.

[riverman77] 24/7/2024 13:04

Pretty sure they don't hold Tesla in their funds, or certainly not a meaningful position. Top holdings in their main tech fund include Nvidia, Meta, Microsoft, Alphabet and Taiwan Semiconductor. They seem to focus on solid, sensibly priced companies and avoid the more bubbly names.

[apad] 24/7/2024 12:36

Tech sell off in US today, led by TESLA.
Is it possible to identify which of the 'Magnificent 7' Polar is biased towards?
apad

[diviincomesearch] 23/7/2024 12:12

Had a good recovery from April but no less than it deserved.

I’m not selling out due to 3 day hit to tech unless it’s borne out as a real rotation.

8% dividend stock and a high beta play with plenty of cash and steadied the ship on flows, happy to remain invested.

[davethehorse] 23/7/2024 08:49

Probably wise, it's had a great run off the back of US tech, other fund managers look more attractive imo shorter term

[riverman77] 22/7/2024 08:32

Taken profits here - very good company but I entered this as a trade earlier in the year as it was very obvious the share price was lagging the big rise in tech stocks. That trade has now largely played out - in fact surprised POLR not slipped back a bit given recent weakness in tech.

[davethehorse] 16/7/2024 13:15

Time to take profits here imo

[masurenguy] 12/7/2024 06:57

Peel Hunt reassured by Polar Capital

The latest quarterly update from Polar Capital has provided Peel Hunt with ‘cautious optimism’ that the asset manager is through the worst. Analyst Stuart Duncan reiterated his ‘buy’ recommendation and target price of 665p on the Citywire Elite Companies + rated stock, which rose 2.4% to 596p after a first-quarter assets under management (AUM) update. The stock has jumped 30% year-to-date.

AUM was up 7% in the first quarter to £23.5bn, with ‘encouraging flows’ in June with a ‘good allocation to a range of funds, notably emerging markets and Asian stars’. ‘The last quarter or two offer some cautious optimism that Polar Capital is through the worst,’ said Duncan. ‘Certainly, compared to peers, delivering positive inflows stands out and is a clear differentiator. In our view, Polar’s valuation remains attractive with the enterprise value/Ebit multiple standing at 8 times.’

[mister md] 11/7/2024 15:34

Mister MD
2 Jul '24 - 14:51 - 821 of 836 Edit
Might even cross 600p today ?


Apologies out by 9 days, but we finally got there ! Long term hold.

[diviincomesearch] 11/7/2024 11:05

No Goatman- the Polar Cap U.K. value fund has Crest Nicholson shares. Crest Nicholson is a house builder, not an investor in Polar Capital.

[goatman] 11/7/2024 10:43

Crest Nicholson has increased their holding again.

[nigelmoat] 11/7/2024 07:07

3 years ago the share price here was 900p plus.

[diviincomesearch] 11/7/2024 06:59

There’s a dearth of analysis on U.K. small caps.

AI fund has huge outperformance for the year so far on its benchmark, so you’re looking at £5mn-£9mn in performance fees from that fund alone for this calendar year(depending on the methodology they employ).

If the global technology fund ekes out performance ahead of benchmark this year then we will see some chunky performance fees just because the fund is enormous at over £5.5bn compared to sub £700 for the AI fund.

Hopefully we’ll get a bit more detail on that huge EM stars fund inflow in due course.

[nigelmoat] 11/7/2024 06:46

With that growth,future prospects and a current dividend yield of just shy of 8 percent I think there's a good chance of seeing a new high here.