MONKEYSO
14 Sep 2018
Price Thanks Grey for highlighting this update. I agree that buybacks are no substitute for cash divis. I can see their rationale with the discount widening to around 35%,but buybacks are rarely effective. MVI now goes on review.
Greyinvestor
14 Sep 2018
Price The risk with this is that it causes P.I.s to sell, thus depressing the price…because other Private Equity Trusts pay a real, cash, dividend
Greyinvestor
14 Sep 2018
Price I’m not very happy with this: The previously communicated dividend, previously expected to be paid in October 2018 under the Ordinary Share Distribution Policy, will now not be paid, with the fourth quarter of 2018 return to ordinary shareholders to be effected by way of repurchases to the extent possible under the Scheme. I had thought that we would have a decent divi to compensate for the fluctuations in trading and the share price. I’m always deeply suspicious of share buy backs, which often cost shareholders money…
MONKEYSO
26 Aug 2018
Price Seem to be pinning their hopes on BCA .There are fears over the strength of the 2nd hand car market,but there has been bid interest here already,so it could turn out to be a shrewd bet. I believe we are being fairly rewarded for our patience with a nice yield.
Greyinvestor
22 Aug 2018
Price Have bought a decent chunk of these. I don’t know about you, but I find the structure quite difficult to understand. My major reservation is that the investments seem to be very concentrated. One or two look a bit flaky, but that’s early stage investing for you. So it’s the concentration that is the best justification for the discount. I like the look of the institutional investors. Everything that I like seems to have heavyweight Invesco or Woodford holdings. I agree that the discount seems vast…
MONKEYSO
01 Aug 2018
Price ridiculously cheap at a 30% discount and yielding nearly 6%
paul1945
21 Feb 2018
Price It has gone very quiet on this board is it the very low price keeping people awayI see the last NAV was 206 I know u would expect quite a large disc. but this seemsrather harsh any comments out there?
delyss
06 Apr 2017
Re: Decision Are people waking up to the zegona large holding? That's got an interesting chart currently.
sage in the hills
04 Apr 2017
..... and what do we have going on here then ? ..... ....curiouser and curiouser .....SAGE
Ytong
22 Feb 2017
Re: Decision Its been 4 months since your decision...do you still adhere to it?..every time I look the share prices sinks...I can't bare looking any longer...
sage in the hills
09 Oct 2016
Decision ... was going to sell, but am not going to now ...SAGE
sage in the hills
09 Oct 2016
Re: 1st June 2016 Correction: that should have read 1st June 2015 ... my mistake ... sorry.SAGEThere was NO ETO in MVI this year. The bulk of fall therefore appears to be NAV fall through lack of confidence in the growth of the portfolio this year. But current portfolio and observation follows in previous post (!!! if you get where i'm comin from !!)SAGE
sage in the hills
09 Oct 2016
Current portfolio Zegona Communications plc Ordinary 1p 43.89%BCA Marketplace plc Ordinary 1p 34.66%Marwyn Management Partners PLC 12.49%Gloo Networks plc Ordinary 1p 8.96%NAV and Sp appear to be at a possible bottomSAGE
sage in the hills
09 Oct 2016
1st June 2016 Marwyn Value Investors - Successful Exit And New DealsCantor Fitzgerald Europe | 01/06/2015Marwyn Value Investors (MVI.L) has delivered an impressive NAV return, yet its shares are trading around the 25% discount level. We believe portfolio holding Entertainment One (eOne) is to a certain degree responsible for both – it has contributed greatly to returns, but has also grown very large at c.75% of the portfolio. We see the current discount as an opportunity – the managers have a distinct investment approach, c.85% of assets are liquid FTSE 250-sized stocks and a realisation class election is coming up next year. Furthermore, the managers have continued to deliver exits, are committed to regular shareholder distributions and an eOne exit would trigger a significant cash return to shareholders.SAGE
sage in the hills
09 Oct 2016
3rd October 2016 Marwyn Value Investors said Non-Executive Director Ronald Hobbs bought 30,000 shares at a price of 143 pence per share on Friday. Following this transaction, Hobbs holds 97,703 shares, or a 0.12% stake. The stock closed up 0.5% at 143.22p Monday.SAGE
