I hold this. Sadly 30% underwater since buying on 01/05/24. Was v tempted to catch the falling knife over the last couple of trading days. Now more likely to do so.
Whilst it is under valued I doubt the assets have remained at the same valuation as from September 2024. Considering whats going on right now and that just about everything has been slashed I would think that unlisted assets will be equally, or even more, hammered?
Compared to September 2024 Lloyds up 8%, Santander 19%, RBS 16%, StanChart 12%, Metro 18%, Natwest 17%.... The NAV of unlisted Starling bank at CHRY is up well over 15% in 4Q24. Klarna is about to IPO.
But despite the positive post-period newsflow Tide and Zopa should be slashed and hammered?
I hold this. Sadly 30% underwater since buying on 01/05/24. Was v tempted to catch the falling knife over the last couple of trading days. Now more likely to do so.
Good article. Maybe worth having another look and doing a piece on TMT investments. I think the discount to NAV is even wider!
Whilst it is under valued I doubt the assets have remained at the same valuation as from September 2024. Considering whats going on right now and that just about everything has been slashed I would think that unlisted assets will be equally, or even more, hammered?
Hi Ian
Compared to September 2024 Lloyds up 8%, Santander 19%, RBS 16%, StanChart 12%, Metro 18%, Natwest 17%.... The NAV of unlisted Starling bank at CHRY is up well over 15% in 4Q24. Klarna is about to IPO.
But despite the positive post-period newsflow Tide and Zopa should be slashed and hammered?
OB