Schroder Uk Public Private Share Discussion Threads

[bisiboy] 07/4/2021 17:10

if they keep on dropping the nav and the share price falls by less they might be able to issue shares at a premium!

[getrichslowly1] 07/4/2021 16:40

Well we got the unaudited NAV of 35p excl ON which should lift it later in the year.

Looks like they are going to use debt to diversify the portfolio.

[chucko1] 07/4/2021 16:21

No other way of saying it - buy IPO if you are interested in a bet on ON. I warned as clearly as I could that there was junk in this portfolio that is not a feature of IPO. NAV of 35p and share price of 35p. Get the hell out, some would say.

Dear oh dear.

[solonic] 04/4/2021 10:03

Great riposte from johnwig on the silly thread. They don't do shame, those trolls and threadlice.

[chucko1] 02/4/2021 18:44

I can’t say for sure whether you are decent or not, but post 873 was written by someone with strange tendencies and/or a burden.

[chucko1] 02/4/2021 12:27

69% is handy. 200% (exactly, as it happens) on IPO is 3x handier, in particular if ON is all you have to look to. If I were to list all the funds which have made more than 69% there would likely be none that fell 70% to begin with. But one must stretch for any solace one can, I suppose.

I have very little idea why anyone keeps flogging this 3-legged donkey. Really.

[oiltakeyouhomeagaincaitlin] 02/4/2021 11:34

Here's another post from the stupendously stupid spectoacc on Jonwig's pathetic thread. Exactly one year ago.


"SpectoAcc 2 Apr '20 - 06:57 - 280 of 870

0-20p - been calling it for absolutely ages."


PRICE THEN 22p, PRICE NOW 37.2p GAIN +69%

And he's still spaffing his predictions all over ADVFN.

[spectoacc] 02/4/2021 08:42

Worse, plenty of people think he would have succeeded with a bit more "patience", since a number of his picks have done quite well.

Except, they don't make up for all the ones that have done terribly. SUPP couldn't show that more clearly.

Any shareholder should be asking the Schroder boys when they foresee any money coming back. Pretty sure they'll use the cash coming in to pay down the OD (necessary) & then punt some of their own picks. They've said they need some to "support" some of the existing co's, but presumably not ATOM, definitely not RUTH, Benevolent have Temasek - so which, and to what degree.

Seen nothing from SBO to imply they've a talent for this. Can't be worse than Woody but effectively starting all over again with new early-stage investments seems a bit much for long-suffering WPCT/SUPP shareholders.

[getrichslowly1] 01/4/2021 20:37

They've said NAV release will be April. It would be relief to get half the money back. This is the biggest advert for passive/index investing there could be. Woody had a strong record but had delusions of knighthoods and developing a UK silicon valley ang got us into a complete mess.

[johnwig] 01/4/2021 13:31

Crossed posts, but proves what I've been saying. Panic and repetetive hysteria. BTW he had no clue about the Kymab stuff at all. Lives in a dark room by himself.

[spectoacc] 01/4/2021 13:27

Not sure SUPP will say anything - it may yet not happen, and could be 6 months plus away. ON really should have listed or SPAC'd in the US.

Of more interest is the hugely overdue NAV release for end of last year. To the Schroder Juniors' credit, they do usually give detailed commentary on the holdings.

They've a lot of questions to answer - why they dumped some of the non-terrible stuff at a 22% discount, what they're going to do about IH, whether they reflect the halving of ATOM's price at last fundraise (Link surely have to), what on earth they're going to do about having nearly a fifth of the NAV in the unsellable RUTH.

My guess is, they'll find a way to introduce some new holdings. If I were (still) a shareholder, I'd be asking when they think there'll ever be any money back. Kymab & ON in quick succession would have seemed an ideal time, but that could leave a sub-scale trust, even more concentrated, and perhaps not able to pay their costs/salaries/c.£3m pa to Schroders.

Hard to believe the then largest-ever IT raise could one day become sub-scale.

[getrichslowly1] 01/4/2021 13:05

OK...thanks for clarifying...well no announcement from SUPP yet and no huge share price swing so maybe not as significant as I was hoping (as a long suffering shareholder)

[spectoacc] 01/4/2021 12:38

Indeed it would be, member since 01 April 2021, but you're talking 13.3% of ON, not ON being 13.3% of SUPP's investments.

SUPP's diluted holding in ON was c.3.4% last I looked, but I've not looked closely recently (ON fundraisings, debt, earn-outs, listing costs etc). As @chucko1 says, if you want exposure to the possible ON listing, buy IPO with its 15% stake.

IPO market will have to improve a lot from ROO yesterday.

[getrichslowly1] 01/4/2021 12:28

13.3% of £4bn would be £532million

[scrapheap] 31/3/2021 12:23

So ON is in the books at fair value of £68.7m as at interim results - any idea what that stake is worth if ON's valuation turns out to be £4bn later this year? ie how much do they own of ON now after all the fundraising(s) there?