Ip Group Share Price (IPO)

CANACCORD CUTS IQE TO 'SPECULATIVE BUY' ('BUY') - TARGET 80 (85) PENCE (few days back)
Berenbank 160p.

Question is what would they get if they sold everything? I think the 160p valuation is pie in the sky as their portfolio has reported losses since 2018. Still yet to see a share that will make them 100's of millions. Still too much doubt over Woodford too. Unlikely this share will post a dividend in the near future.

See what happens.

Anyone know what the broker forecast are ?

ADVFN chat suggested share price is 40% below NAV. Albeit IPO could not realisitically sell all their holdings tomorrow for 1.1bn.

Does seem to be someone taking a punt at these prices as the price keeps bouncing back.

They have made a loss for last 18 months. So down 330m or so? Woodford has not yet sold his Oxford nanopore stake yet. Be interesting to see what price he might get?

Not read report in huge details. At present they are taking bigger losses compared to gains on investment. Still be a while before one of these investments really takes off.
If the results were that bad this would of tanked. It's holding up quite well really.

What are people’s thoughts on the half year results?

For me, they were pretty much in line with expectations, if not slightly better so I was surprised to see the SP drop so much yesterday. I think the troubles have brought a renewed focus to the board, to focus on cost control and return on NAV so that’s positive. One thing that did peak my interest from the results, was the following statement on principal risks, which I found surprising and encouraging

The Group reviewed its operational, strategic and principal risk registers in the period including considering the risks posed by WIM's current difficulties, noting their potential impact from a reputational and shareholder perspective and concluded that it did not currently result in any significant changes in the nature of the Group's principal risks.

https://www.standard.co.uk/business/dismal-state-of-neil-woodfords-embattled-biotech-bets-revealed-a4218206.html

Wonder how many of these IP Group are involved in. I count 3 of the final list. Overall it seems many of these firms are struggling. Scroll to end of article to see full list.

This will only put more pressure on him to sell his stake here. The question is how are a lot of these Ltd firms of IP group actually doing? Nervous times here. Pretty sure people still dumping shares in the background here. Maybe other funds will take a punt at below 60p? Fidelity and T Rowe Price maybe? Hmmm.