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SVI Svg Cap.

735.00
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Svg Cap. LSE:SVI London Ordinary Share GB0007892358 ORD GBP0.10
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 735.00 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
739.50 740.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 735.00 GBX

SVG Capital (SVI) Latest News

Real-Time news about Svg Cap. (London Stock Exchange): 0 recent articles

SVG Capital (SVI) Discussions and Chat

SVG Capital Forums and Chat

Date Time Title Posts
17/11/201608:20The Schroder Ventures Thread175
05/9/200209:24The Bear Club...... Schroder Ventures IT8
21/11/200001:05Schroder Ventures - steady climb3

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SVG Capital (SVI) Most Recent Trades

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SVG Capital (SVI) Top Chat Posts

Top Posts
Posted at 07/10/2016 11:56 by rambutan2
Cerrito, how about HVPE? It will be the only PE fofs in the ftse 250 with SVI gone. It's a high quality outfit and the best performer in the sector since it listed in 2007. And the discount is still in the 20s. Its website and investor info is good.
Posted at 05/10/2016 21:28 by cerrito
I agree with you Atholl91 the HVB bid is dead-especially with this evening’s to be expected news from LGEN and Av.
We are faced with the sub optimum position of SVI(with an unfriendly major shareholder) scrambling around looking at one and perhaps other proposals to liquidate the portfolio-whole or in part- and presumably neglecting their ongoing business and I guess they will continue to neglect it for the next 4/8 weeks as they go through the various proposals. We may even find the Chairman says he needs an increase in his fee.
The 21p per share estimate of wind up costs seems reasonable; of course there has been the benefit of the £ deval in the last few days . I would not want to budget on £ weakening much more from its current $1.275 and against the Euro 1.137/0.879 and do not see it strengthening all that much.
I have had a quick look at the 7.16 portfolio and it seems as marketable as you would expect the assets of such a fund to be and one assumes that SVG would get permission to assign their commitment for disbursing undrawn commitments to counterparties of the quality of GS and the Canadian Pension Fund.
I am going to be interested to see once the HVB bid expires tomorrow if the price falls below 650p
Posted at 05/10/2016 14:40 by atholl91
Now GS have arrived. Winterflood reckon costs of windup at 21per share offset by 3.5% currency gain since 31 July. Tender offers should bring in 288p in Q4 & 192p early 2017. Leaves 235p vs 170p if one accepts HVP bid. Think HVP bid a dead duck & unless GS bid at least 700p I stay for the windup.
Posted at 25/9/2016 21:08 by atholl91
Sunday Times Business section also had small piece on no counter offer likely with cash returns and splitting business to give better price than the quote 'American Offer' unquote. Directors need to find a way give shareholders at least 97% of NAV
Posted at 19/9/2016 09:35 by mad foetus
Funny price action today. Looks like someone has been told to buy any amount at 670.
Posted at 16/9/2016 14:59 by atholl91
Sky, apologies as I meant Large Cap ( over 1B ) Market Cap which is where institutions can deal in volume. Lots of value in under £500m. Removing SVI which has serious support amongst major institutions at over 3% discount is going to be very difficult - which is why I am a 700p man.
Posted at 16/9/2016 07:17 by atholl91
Haven't sold as higher bid must be coming - price now above bid. Interims released few days early - Think agreed bid could be around 700p.
Posted at 16/9/2016 06:34 by skyship
Results for the six months to 31 July 2016:

Continued good performance and progress against strategic goals

- NAV per share of 735p (GBP1.15bn) at 31 July 2016; 12% increase in the six months

- Significant uplift from currency in the period; +6% increase in constant currencies
Posted at 12/9/2016 10:04 by rambutan2
Nice start to the week. Am not totally surprised at Harbourvest move as they have made good money out of two previous take privates in recent years, Conversus and ????. SVI is perfect for them with its clean structure, net cash, big chunk of nav in fof in early run off so delivering cash, with rest in a few big quality mainly US based funds with which Harbourvest will probably already have relationships with. Coller get out and get revenge!
Posted at 12/9/2016 07:00 by mad foetus
I agree about the whole sector and if something as big as SVI is in play then presumably everything will be up for grabs. The key question for me is the board response: if they were to carry out an orderly disposal could they get materially better than 650p in an acceptable timeframe? What would you say are the next likely candidates for a buy-out? It could be that this whole sector may go from being listed to entirely institutional, which would be a loss, I feel.
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