3i Group Share Price (III)

So it appears the market is disappointed that the implied valuation of Action, based on the recent share sale effectively financed by 3i, isn't higher. As 3i has bet the farm on Action, let's hope their instincts are good over the longer term & it continues to deliver the spectacular growth it has benefitted from over recent years.

Thanks for that Krusty.
It always leases you feeling peeved when you see good stocks fall without merit.
Well some clever folk can trade the news very well. If I only knew how that works. I think from now on I avoid any news days.

It IS mad Figgsey, as you say. Some speculation about the effective increase in holding of Action which could explain it? Re TW, I'm in long-term there too. Very happy with the update there yesterday, particularly the restatement of the dividend for 2020. As with this share though, it doesn't seem to matter if the updates are good, bad or ugly, the price always seems to fall immediately after. Anyway, here's hoping for a post-election boost to the markets, a rising tide lifts all boats as they say.

Its all mad. I bought ITV and TW yesterday. They are both down 5% and 3.5% respectively. I can't blame auto traders but just my stupidity as good news = bad consequences.

I've held these for over 20 years now, nice to see another medium to long-term holder on here! I suspect this is a reaction to the £50m cash position reported, which for a £10bn company is pretty skinny! Anyway, if I see any commentary from people cleverer at reading balance sheets than me I'll post on here. Pleased to see the dividend increase, particularly as this now forms part of my pension portfolio from which I plan to take the natural yield.