Share Name Share Symbol Market Type Share ISIN Share Description
Standard Life Private Equity Trust Plc LSE:SLPE London Ordinary Share GB0030474687 ORD 0.2P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.50 -0.13% 389.50 35,735 16:35:07
Bid Price Offer Price High Price Low Price Open Price
388.00 391.00 388.00 388.00 388.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 6.69 4.86 2.74 142.2 1,030
Last Trade Time Trade Type Trade Size Trade Price Currency
17:16:35 O 63 387.984 GBX

Standard Life Private Eq... (SLPE) Latest News

More Standard Life Private Eq... News
Standard Life Private Eq... Investors    Standard Life Private Eq... Takeover Rumours

Standard Life Private Eq... (SLPE) Discussions and Chat

Standard Life Private Eq... Forums and Chat

Date Time Title Posts
13/1/202107:39Standard Life Private Equity Trust42

Add a New Thread

Standard Life Private Eq... (SLPE) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type
View all Standard Life Private Eq... trades in real-time

Standard Life Private Eq... (SLPE) Top Chat Posts

Standard Life Private Eq... Daily Update: Standard Life Private Equity Trust Plc is listed in the Software & Computer Services sector of the London Stock Exchange with ticker SLPE. The last closing price for Standard Life Private Eq... was 390p.
Standard Life Private Equity Trust Plc has a 4 week average price of 370p and a 12 week average price of 306p.
The 1 year high share price is 405p while the 1 year low share price is currently 191p.
There are currently 264,377,138 shares in issue and the average daily traded volume is 101,475 shares. The market capitalisation of Standard Life Private Equity Trust Plc is £1,029,748,952.51.
spangle93: From another source today, but not sure when the research was done Outside global trusts there are other discount opportunities. Winterflood picks out Standard Life Private Equity (LSE: SLPE) as a candidate. Winterflood points out that, in common with other private equity trusts ,SLPE had a roller coaster of a year, with its share price falling 40% at one point. However, it benefited from the market recovery that took place from the end of March onwards and ended the year in positive territory, up 20%. “Despite this, the fund is currently trading on a 25% discount to its latest NAV. We believe this represents a significant value opportunity given the fund’s strong long-term performance record, the quality of its investment portfolio, which reflects the team’s well-established selection process, and the strength of its balance sheet,” says Winterflood.
rambutan2: And div: The Company announces the payment of the fourth quarter interim dividend in respect of the year ending 30 September 2020 of 3.3 pence per ordinary share and brings the total dividends for the financial year to 13.2 pence per ordinary share. This fourth quarter dividend which, in line with the Company's dividends during the year to 30 September 2020, will be partly funded from capital and will be paid on 29 January 2021 to all shareholders on the register as at 29 December 2020. The ex-dividend date is 28 December 2020.
rambutan2: Nice uplift as sept valuations come in: Estimated NAV At 30 November 2020, SLPET's estimated NAV was 490.6 pence per share (estimated net assets GBP754.4 million), representing a 6.7% per share increase from the estimated NAV at 31 October 2020 of 459.6 pence per share (estimated net assets GBP706.6 million). The 31.0 pence increase in NAV per share reflected primarily a 8.1% uplift in the valuation of investments as at 30 September 2020, partially offset by a 0.5% depreciation in the euro versus sterling during November.
speedsgh: "The Board continues to monitor the development of the COVID-19 crisis and the strain on most aspects of the economy in which the portfolio is invested. However, based on our expectations for the Company during the current financial year, the Board has agreed to honour its commitment to shareholders to pay a third interim dividend of 3.3 pence per share. The Board will monitor the progress of the Company during the remainder of the financial year before committing to paying a fourth interim dividend."
bluemango: New research note on SLPE: hTTps://
spangle93: Totally o/t but as there's only a few posters, hope that's not a problem Sky - if you're out of PE, have you ever looked at PSSL. Different line completely - making loans to companies requiring capital - but again a counterpoint to "equities". They had a bad start but reads to me like different management is gently turning the ship around, which isn't yet reflected in the price, plus dividend increase of 20% to 7% shows confidence.
rambutan2: SLPE has remained a primary investor in mid buyouts, whilst the rest of the sector have retuned their strategies over the last decade, either to having a better mix (ICGT, PIN, HVPE), or to specialise in directs/co invests (PEY, NBPE) which gets rid of commitment issues/cash drag/leverage, which caused such havoc in 2008. And also of course cuts costs. HGT has always just invested direct into its own funds, as has OCI and APAX. So, currently I'd put SLPE last on the list, due to it having the least control over its destiny and relying on one strategy for returns. Although I'd expect a gradual broadening out of investments now they are part of the greater Aberdeen PE operation. However, I'm not saying it isn't a good vehicle and quite capable of outperformance, but I prefer the greater control, to varying degrees, of the others. Personally, as a long term hold, I think HVPE is the pick of the fund of funds and HGT of the directs. But imho all of them are very well run, all slightly different, and all worth buying if their discount gets out of line. The sector really took on board lessons from 2008 and I think now offers a classy line up. Of course, the real test will be the next big downturn, but I'd bet that it won't cause the life threatening melt down amongst trusts we saw last time.
rambutan2: Hi SKY, well I took your advice and sold out at 392p today for a quick 12%. Not my usual style, but I don't want to hold SLPE long term as I prefer others in the sector.
nimbo1: I imagine they will say with results this week? L2 makes it look like the rug is going to be pulled price wise (sometimes best point top buy!) - may present a nice entry point as someone keen to sell and buyers not queuing up yet... Not currently holding but am interested once again as a trading buy
skyship: Standard Life Private Equity Trust (SLPE) aims to achieve long-term total returns via investing in a focused, primarily European portfolio of leading private equity buyout funds. The investment policy was revised in January 2017, removing size and geographic restrictions, to enlarge the investment opportunity set without diluting the trust’s strategy and focus. New fee arrangements have been agreed, with a single annual management fee of 0.95% of NAV and no incentive fee. The board has also stated its intention to raise the FY17 dividend to 12.0p, equating to a 3.8% yield, and grow it at least in line with inflation. Returns have been notably strong over one year. 12 months ending Share price (%) NAV (%) LPX 50 (%) LPX 50 NAV (%) MSCI World (%) FTSE All-Share (%) 31/12/12 32.0 0.9 25.3 10.1 11.3 12.3 31/12/13 23.2 11.5 38.2 13.6 24.9 20.8 31/12/14 10.0 8.8 4.2 8.8 12.2 1.2 31/12/15 1.1 8.0 5.9 4.9 5.4 1.0 31/12/16 43.0 29.9 29.8 29.3 29.1 16.8 Source: Thomson Datastream, Bloomberg. Note: Twelve-month discrete £-adjusted total return performance up to last published quarter-end NAV. Investment strategy: Europe-focused fund selection: SLPE invests via primary commitments and secondary transactions in what the manager views as the leading European private equity buyout funds. The aim is for the portfolio to comprise around 35 to 40 active private equity fund investments, broadly diversified by country, sector and maturity. The manager employs a bottom-up approach to private equity fund selection, with a top-down overlay designed to direct the investment team towards attractive geographies, sectors and strategies. Exposure is managed through the primary and secondary funds markets. Market outlook: Attractive opportunities exist: Private equity funds’ uninvested capital is at peak levels, reaching US$869bn globally in H116, but SLPE’s manager notes this remains lower than the expected level of investment over a typical five-year private equity fund investment period, and does not anticipate higher purchase prices leading to significantly depressed returns. While European private equity deal volumes have been volatile, the manager reports fairly steady activity in the mid-market segment on which SLPE is focused. Should an economic downturn or potential market dislocation occur, this could provide an attractive opportunity for tactical investment. In the current pricing environment, the manager sees potential for smaller, region-specific funds – which face less competition for deals – to provide attractive opportunities. Valuation: Narrowed discount, increased yield: Having followed a broadly widening trend over the previous two years, SLPE’s share price discount to NAV has narrowed from 36.5% in March 2016 to its current level of 11.1%, which stands as one of the narrowest in the peer group. The board intends to increase the FY17 dividend to 12.0p, equating to a prospective yield of 3.8%, leading the dividend-paying funds in SLPE’s peer group
Standard Life Private Eq... share price data is direct from the London Stock Exchange
ADVFN Advertorial
Your Recent History
Standard L..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210117 03:24:05