Member Info for SD235

Nickname

"Notice the heavy share price manipulation"

No, could explain?

A review of NBPE

https://hardmanandco.com/research/corporate-research/co-investments-generating-superior-performance/

Https://www.edisongroup.com/research/high-quality-high-growth-high-margin/32417/

Adbon71

"Looks over pumped to me...."

Do you actually own shares in this company? Or are you just wandering around the forums looking for something to make a comment about?

"PE 4.25 - Earnings 475 - div. 50.5 - yield 2.5% ... is the dividend covered 9.4 times?"

Investment trusts/private equity don't have PEs.

Sometimes sites quote one but they are not relevant.

Yeild is 2.65% based on yesterday share price. (HL)

Cover is income but mainly capital from sales of companies. The 85% rule does not apply to capital returns. IE it will be mainly invested in new businesses and old ones.

The premium could be deemed to be more important at 15% but it's not unusual. Premium of 20% or greater is normal for 3i

Adbon71

When will you be bringing out your short report!

He has lot to prove compared to Nigel.

More of the same is the best we can hope for.

It's not like there is a different strategy available.

The discount rate is what's effecting the share price. Zero risks bonds paying 4.5% or lowish risk LGEN?

For the moment the market is going for zero risk. Profits and hence increased dividends will change that.

As the profits and Dividends increase LGEN will start to come back again.

Alternatively interest rates stop rising expectations of them falling will increase and again LGEN will become an improved option.

Combine the two and up up and away!!

A slight exaggeration!

How come you go quiet when the share goes up?

You know people have other things to do other than post on here?

Particularly post replies to trolls.

"AJ Bell, on time every time. Get moving, there’s probably a bung if you do."

Normal nonsensical remark from the forum troll

Arhh I see what's gone wrong.

I set it up the same IE they pay direct to my bank account. But as you have found out better to do it yourself.

Toshack

I got my dividend the same day.

2 resolutions

1 for wind down passed with large majority.

2 change in investment management fees.

Passed with small majority.

The circular

https://otp.investis.com/clients/uk/vpc_plc/rns/regulatory-story.aspx?cid=1083&newsid=1688012

Results of meeting

https://www.hl.co.uk/shares/shares-search-results/v/vpc-specialty-lending-investments-plc?tab=security_news

Wind down to take from 3 to 5 years.

Delist before wind down complete to save listing fees.... probably. Depends how it's going.

Will be holding probably for a couple of years.

Keeping an eye on the spread.

There will come a time when it will just not be worth selling the shares into the market. Better to let it play out.

Completely irrelevant to the conversation like yourself.

Showing some upward movement.

How long before there is a significant change to the discount?

By that I mean the share price goes up not the NAV comes down!

And they continue downwards?

"I received a message from ii explaining that they had to buy in bulk therefore that was the reason for my share re-investment being so far off market."

That sounds like a dodgy excuse for laziness.

Hargreaves Lansdowne spends 10 days buying them. The price always seems reasonably close to the rate at the time.

Your cowardice will come home to roost one day....or do you keep your mouth shut when you haven't got back bone to back it up. Again was your father the same?

Vetta the genetic bit was aimed at maybe not you

"Demand for bulk annuities is growing, and as well as already having a dominant UK position, L&G is increasing activity in overseas markets like the US and Canada. The US market's huge, with $3.0tn of defined benefit pension schemes, and only around 9% of that has already moved to insurance companies like Legal & General. It's a small fish for now, but the opportunity is significant."

From Hargreaves Lansdowne

Full article

https://www.hl.co.uk/shares/shares-search-results/l/legal-and-general-group-plc-ord-2.5p-shares/share-research

Maybeonedaysoon

Still the spineless coward gobbing it off from behind the computer screen.

You never answered "is it genetic"?

It's vetta not beta. You would think you would have the time to at least type his name correctly. Dividend max doesn't supply " the date of half Yearly OR Full year results." So you could not even be bothered to read what he wrote.