Princess Private Equity Share Discussion Threads

[cwa1] 27/1/2020 08:02

That's...urm...impressive!

[rcturner2] 27/1/2020 07:56

Check that out. +5.7% in December! Awesome.

[bluemango] 12/11/2019 08:40

So in the end they've stuck with 00.29 EUR for second interim.

Leaving plenty of leeway, I'd have thought, for an increase next year starting with div paid in June. Still an excellent yield, insulated from most of the potential shocks to the FTSE 100 companies whose dividends most other investment trusts rely on.

[cwa1] 29/10/2019 16:32

Interesting to know that Sky, hadn't been paying much(enough) attention to the exchange rate of late. Still good value perhaps then.

[skyship] 29/10/2019 16:24

Agreed, a stellar performance; however the strengthening £ means that in sterling terms PEY are much the same as a month ago.

[rcturner2] 23/10/2019 08:00

Great performance here again.

[bluemango] 21/10/2019 08:44

By this time last year, they had announced the dividend. Will there be an increase?

Regardless, this has turned out to be by far one of my best holdings. Good diversification away from the usual FTSE dinosaurs that funnel income of other ITs.

[bluemango] 20/8/2019 19:39

Chairman has bought shares, £17,700 worth.

[rcturner2] 28/6/2019 11:57

Another good monthly performance here.

[dekle] 20/5/2019 13:48

I must have made a mistake, I calculated a big price difference but doing it again it is about the same. Thanks anyway

[rcturner2] 20/5/2019 13:44

PEY is the original share which is quoted in euros. PEYS was introduced more recently and is a sterling share. Theoretically they are identical, but pricing differences will arise depending upon the order book.

[dekle] 20/5/2019 13:40

What's the difference between PEY & PEYS?

[chc15] 17/5/2019 09:31

All good, glad I topped up before

[bluemango] 17/5/2019 07:47

Excellent. Increased dividend, to 0.29 EUR, = 0.58 EUR annually.

[bluemango] 26/4/2019 14:42

Dividend announcement due in just around 3 weeks, mid-May.

[whilstev] 26/4/2019 08:43

Looking good for possible dividend increase.5% of NAV of 11.51 equals 57.5 cents.

[chc15] 20/3/2019 19:19

I topped up here, dunno why it's in the doldrums, good value..

[chc15] 18/3/2019 21:38

Why is this struggling so much, as compared to 3i and others?

[skyship] 12/1/2019 12:45

Stupidly missed the fact that the discount had widened to 22%+ and the yield had risen to 6.5%. I missed it due to the dislocation of being back in the UK for Christmas.

I suspect the fall was due to AT trading following the fall through the 9.50 support; that in itself would have triggered stoplosses.

A great opportunity went a'begging - for me at least. DOH!!!

[stemis] 11/1/2019 13:12

That's one hell of a bounce from 8.4...

[bluemango] 11/1/2019 12:37

Director buy.

Maiden share purchase by non-exec Steve Le Page, bought 7500 shares. Nearly £65,000.

[lord gnome] 27/11/2018 16:31

I've bailed today. Raising a bit of cash to take advantage of any Brexit bargains in the turmoil to come. Nothing wrong with PEY/S, but other fish to fry. Good luck all.

[bluemango] 16/10/2018 09:59

Dividend maintained at 0.28 euros, at the lower end of their target dividend of 5 to 8% of opening NAV on 31st Dec.

So full year is 0.56 euro for the second year running. Still an excellent yield of 5.6% and offers diversification from your standard UK investment trust many of whom tend to hold broadly similar core stocks.

[warrior boy] 14/6/2018 14:11

RCT2,I'm back in as well, and I got a better quote for PEYS than PEY - approx 1.5% more shares. At a 10% discount to NAV it could be a good re-entry point.