Strategic Equity Capital Share Discussion Threads

[p1nkfish] 27/3/2020 12:19

So who made decisions? Team, House or SEC?

[peter27] 27/3/2020 10:48

Same team - different house.

[p1nkfish] 27/3/2020 10:07

PHD has been a disaster for these. Will they act to tidy portfolio before end of tax year now there is a new manager?

[edwardt] 15/1/2020 16:33

Time for discount to narrow me thinks

[edwardt] 16/11/2019 10:59

The cat is getting some competition again _ performance picking up

[rambutan2] 11/10/2019 19:41

Annual report published: hTtps://www.strategicequitycapital.com/sites/default/files/SEC%20Annual%20Report%202019.pdf htTps://www.strategicequitycapital.com

[andyj] 18/10/2018 13:16

Now lower than three years ago with zero dividend. Another fund where the so called professionals cannot outperform my cat.

[edwardt] 12/1/2018 10:22

sensible reduction in fees, still on expensive side but hey ho, got to have a closed ended vehicle in small caps.

[edwardt] 24/11/2017 15:08

ok maybe 2.67 would be my guess.

[edwardt] 23/11/2017 16:35

269p nav tomorrow...

[edwardt] 23/11/2017 09:14

servelec bid for with binding acceptances - probably for the best, it had become a drag on performance.

[edwardt] 12/10/2017 09:33

guess they were involved at the shake up at Wilmington - looks like it was much needed...

[edwardt] 18/7/2017 15:51

equiniti on the acquisition trail, we will have to stump up cash so cash drag reducing here. also like look of latest purchase too

[spectoacc] 10/7/2017 14:50

Surprised this has gone quiet for so long?

[mad foetus] 16/5/2017 11:44

Good to see the board buying back shares while this discount exists. MGP has done very well and NAV has put on 20p pretty quickly.

[mad foetus] 28/4/2017 10:55

Tribal has also moved up nicely recently. I suspect we will have to live with a 15% discount to NAV until the new manager establishes a track record, but my suspicion is that a lot of the companies in the portfolio have had a flat share price and limited news flow over the last couple of years but that is coming to an end and the NAV may now start moving consistently forward. Hoping, anyway!

[edwardt] 28/4/2017 10:50

medica up 60% in a month since ipo and sec managed to get a good allocation in the bun fight....

[mad foetus] 26/4/2017 17:46

Thanks for clarifying Peter. He did a great job at Rentokil for years but I would have thought with 5m of his own money invested he will not tolerate investment management that isn't top drawer. NAV and share price have been moving north recently, let's hope it continues.

[edwardt] 26/4/2017 17:07

my mistake, peter that is obviously correct.

[peter27] 26/4/2017 15:43

The last annual report has him as Deputy Chairman and deemed non-independent director as he is on the Industry Advisory Panel of the Investment Manager. He has been on the Board since 2005.

[edwardt] 26/4/2017 14:52

he is not on the board. he is an investment consultant to the investment team.

[mad foetus] 26/4/2017 13:14

I've previously commented on the Cali reference of the board here but only found out this week that Sir Clive Thompson has £5.4m of his own money invested here. That should provide reassurance that the board is aligned with investors.

[edwardt] 24/4/2017 09:38

goals in merger rumour over the weekend...