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Started: Maccc, 11 Mar 2024 09:37
Last post: SD235, 24 May 2024 20:48
Will they get on with it and finish the day above £5.
So annoying!!
Here's a results vid for HgT:
https://youtu.be/75neczbckQY?si=52KnlM4t6MiowB8C
Started: Pedrobull, 8 Dec 2023 17:02
Last post: Pedrobull, 8 Dec 2023 17:02
Another great piece of business IMHO, GLA
This transaction values HGT's investment in GGW at approximately £93.8 million. This would represent an uplift of £27.0 million (40% or 5.9 pence per share) over the carrying value of £66.8 million in the Net Asset Value ("NAV") of HGT at 30 September 2023.
Note that these figures only relate to HgCapital Trust's share of Hg's overall investment in GGW.
Based on the 30 September 2023 reported NAV, the pro-forma NAV of the Trust is expected to be £2.3 billion (or 498.5 pence per share). HGT's available liquid resources, which includes the undrawn bank facility of £350 million for future deployment (including all announced transactions and the interim dividend paid in October) are estimated to be £760 million (33% of the pro-forma 30 September 2023 NAV).
Started: Pedrobull, 8 Nov 2023 07:38
Last post: Pedrobull, 8 Nov 2023 07:38
Highlights over Q3 2023 include:
Strong portfolio trading and value creation continues to drive growth, leading to a total return NAV increase of 4.8% to a NAV per share of £4.94 and net assets of £2.3 billion.
Continued strong long-term performance driven by robust trading with the top 20 investments (76% of the portfolio by value) seeing last 12 months sales and EBITDA growth of 27% and 28% respectively.
Robust balance sheet with available liquid resources of £678 million (30% of NAV) and commitments to Hg funds of £1.0 billion (45% of NAV), to be invested over the next three to four years.
Hg continues to screen an attractive pipeline of investment opportunities. Further liquidity events are expected over the next six to twelve months.
Based on HGT's share price at 30 September 2023 and assuming all historic dividends have been reinvested, an investment of £1,000 twenty years ago would now be worth £22,384, a total return of 2,138%. An equivalent investment in the FTSE All-Share Index would be worth £4,127.
Started: Meconopsis, 20 Sep 2023 15:12
Last post: Meconopsis, 20 Sep 2023 15:12
HGT have just posted a very good video update on RNS. Very clear and concise.
Started: CharlieMunger, 30 Aug 2023 15:27
Last post: Pedrobull, 14 Sep 2023 17:13
Continued strength shown here, I'm liking this
GLA
Seem a few of the Private Equity shares are getting significant buy ins and it seems like confidence is returning. Oakley Capital ( OCI ) had similar massive inflows today.
Yeah that's huge.
£381.45k went thru on the close as well
14:50:20 BST GBX389.5p 1,916,600 £7,465,157.00 OB 389. 392.5
Share price ticked up 1.75%
Started: SD235, 16 Jun 2023 15:46
Last post: SD235, 19 Jun 2023 22:46
Pedrobull
Alas they very cheekily miss out 3i.
The winner by far specially over 10 years.
But 3i are on a premium so obviously upto you where to invest.
That's a good report and the summary at the bottom is clear where it shows HGT rank in peer group
£3.89 today I'm looking to add.
Had a stop loss trigger during the short lived and nonsensical banking crisis. Was going to put it all into HGT capital. Instead I put 20% into HGT capital and 80% into legal and general. Legal and generals was going exdivided in about 6 weeks.
Sold the day before it went exdivided for 9% gain and used the money to buy HGT which had fallen 3%. HGT is now up 12%. How good is that! How lucky was I!!
15th May 23 - Q1 results
Strong portfolio trading continued to be the main driver of performance, contributing to a total return NAV increase of 4.0%, closing the period at 470.6p NAV per share and net assets of £2.2 billion
Share price total return of -0.9% over the period, closing at 343.0p per share and a market capitalisation of £1.6 billion
I am hoping it will not perform well...until after legal and generals day before exdivided. I bought both on the 15th. I am hoping LGEN will rise faster as it approaches dividend day. Sell and stock up on HG. So far LGEN is winning up 100% more than HG. So would be nice for a fall in HG!
It went pop this afternoon. Good to see HGT starting to perform like it should.
A rare opportunity to purchase at this discount. The directors are certainly buying this week. Jim Strang bought 15,016 shares at 3.31 on March 28th. I topped up a couple (only a couple of thousand pounds, unfortunately couldn't afford more) of days ago @ £3.20. Price is currently recovering this afternoon.
Started: Maccc, 13 Mar 2023 17:27
Last post: SD235, 29 Mar 2023 12:59
I am hoping for share price to fall further. I will be a buyer in my ISA and possibly in my sipp.
Ridiculous fall.
Beginning to make the dividend look good.
I am also still buying 3i. Not as much
Price continues to fall nav continues to rise. Buying more.
Here's a video for their results today:
https://youtu.be/EQXHZGwhyV0
Started: SD235, 13 Dec 2022 11:10
Last post: SD235, 13 Dec 2022 21:19
A lot better
True but the normal uplift/average 20%
But better than a kick in the goolies!!
13%
It'll do, better than a kick up the 'erse
Uplift 13%
Not great.
They appear to own considerable less than 50%. So may not have had the control to hold for a better offer.
Started: Maccc, 14 Sep 2022 10:11
Last post: Maccc, 14 Sep 2022 10:11
Here's an update video following HGT results. Probably posting a bit late, but hopefully useful to some:
https://www.youtube.com/watch?v=tZTifEnDM4M
Started: laallee, 20 Apr 2022 14:39
Last post: SD235, 9 Aug 2022 00:18
Just started buying July/August. Up 5% but still on 15% discount.
Had some 3i group as well (12% up) discount almost gone but it is normally on a large premium 14% average for the year.
Aiming for these two to be my largest investments.
It's a shame the share chart on this site doesn't adjust for the share split, it's the only share I've with a consistent positive trend from day one. I have to force myself to stop topping up otherwise it will dominate my portfolio.
One of mine too, been in 4 years.
This is my top performer over the last couple of years.
Started: Maccc, 7 Mar 2022 12:34
Last post: Maccc, 7 Mar 2022 12:34
Hi all, here's a video update from HGT for this mornings results:
https://youtu.be/QFjadoKsLmo
Started: Fallingknife1, 4 Jan 2022 20:26
Last post: Fallingknife1, 4 Jan 2022 20:26
Pushes this one up. As the year looks rosy for the FTSE and post covid bounce assured we could be looking at 500p here. I have punted this from 368p to 404p to 420p but am still a buyer at least while sentiment is positive.
Started: Maccc, 16 Nov 2021 10:27
Last post: Maccc, 16 Nov 2021 10:27
Here's quite a nice video which explains HG Capital Trusts investment approach:
https://youtu.be/DRKH5WxSNWw
Started: Fallingknife1, 10 Nov 2021 21:40
Last post: Etotheipi, 10 Nov 2021 23:20
Agree, definitely not a trading share just one of those rare examples of a share that just keeps rising. BTW the 5 year chart on here doesn't adjust for the 10:1 share split.
Positioning to cover the possibility of good news. Not always an indicator of course but tempers any sell on the news fall on Monday. However I personally believe this is not a trading share but in fact one worth holding and accumulating around the 400p level.
Started: Maccc, 6 Sep 2021 19:46
Last post: Maccc, 6 Sep 2021 19:46
Here's a video for this mornings results:
https://youtu.be/d5wRp1Y1aaE
Started: Fallingknife1, 27 Jul 2021 13:17
Last post: Fallingknife1, 27 Jul 2021 13:17
This is a runaway train. Choo! Choo! Good job I paid the fare already. More seriously I think the market has woken up to the potential here.
Started: Fallingknife1, 20 Jul 2021 15:19
Last post: laallee, 27 Jul 2021 07:29
Hello Matey,
Good to see you again. Yes, steady as she goes from now on.
BPC and SXX were not good moves.....
Stay frosty!
Hi Lallee, good to see we are both in something a bit more sensible and substantial than BPC
I’ve been in around 4 years, well pleased with the performance
I've been a holder of HGT for years and it's been a stalwart performer. What I like is it has a small portfolio, and puts its money down.
Still gathering momentum. Looks like a breakout is underway. Next resistance is 400p I am guessing. I feel this is on people's radar now hence the buying pressure.
Last post: bilboburgler, 15 Mar 2021 10:54
looking back at the graphs it tends to snap to the NVA annually and drifts up above as the economy grows. Might take a couple of weeks
It depends on expectations. I decided a long time ago that they're wrong as often as they right.
If the softness persists I'll make a little top-up 21/22 ISA. I see no reason why the enormous over performance can't continue for the next decade. Quality always prevails in the long term.
Positive annual results, sp down 10%, gotta love the "efficient" markets. Hopefully, sense will prevail as the day progresses.
Snapping back to NAV
Started: Mr.Flibbles, 29 Dec 2020 11:53
Last post: devonplay, 15 Mar 2021 08:04
Strong performance from HGT today I thought. Long term holder, excess of 10 years. Interesting to see what the narket makes of it by the end of the day.
Thank Darrenp but I am not so sure when digging deeper. If we go by last years reports the next report is the annual report in early March. HGT should in the meantime start trading at a hefty premium to Q3 NAV published in September 2020. If it doesn't pop soon to keep up with the market I am happy to wait for what is a very short period of time for what is a high conviction bet.
Q4 update is due in the next few days. Nav is updated quarterly and will be updated in the report.
When is the next NAV update as I don't see an obvious schedule for this?
In public markets the SAAS sector is really steaming ahead with breakout to the upside in both the UK and USA. Select European stocks remain strong. For this reason I see impressive upside in HGT that has been missed by the market... as much as 15-25% on performance chasing alone. An easy quick win for anyone targeting 20% in 2021.
Started: Lasata, 29 Sep 2020 19:32
Last post: Etotheipi, 29 Sep 2020 19:45
It looks like they've provided an insurance company with additional finance to fund their growth through gaining market share. HG seem to be good at making decisions and the share price has always grown since their IPO (the chart on here doesn't account for the share split). So, yes, probably bullish.
Is this news bullish for HTG?
Agree, very impressive. I was getting a tad twitchy over the size of some of the holdings, but the management have sold-off and rebalanced the portfolio. We could be in for an exciting ride.
Impressive figures today
Started: darrenp, 22 Aug 2020 16:57
Last post: darrenp, 22 Aug 2020 16:57
Surprised more people are not into HG, consistently performs year after year. More good business done this week.
Started: Etotheipi, 20 Aug 2020 19:04
Last post: Etotheipi, 20 Aug 2020 19:04
On the 23rd May HGT did a 10 to 1 share split: https://www.investegate.co.uk/hg-capital-trust-plc--hgt-/rns/sub-division-of-shares/201905230758009673Z/
This doesn't seem to be reflected in the charts. The real chart would show almost non-stop continued growth excluding covid, even then the recovery is looking good. Excellent IT.
Last post: Figgsey, 24 Jan 2020 09:11
Strange. The price is down today on the new acquisition. Any thoughts as to why?