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SOL - Washington H. Soul Pattinson and Company

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Any thoughts on the continued decline and where fair value lies?
I'm guessing the TPG merger block by ACCC, the weakened property market hitting BKW, and loss of favour of coal perhaps?
 
The 52 week low is 19.02 - fair value is hard to judge with all the moving parts, TPG can maybe go a little lower even though the rest of the telco
sector is doing ok now, NHC is a very stable business, CLV has had an amazing run, TPE has lifted a little and maybe starting to run up at last, BKW
has recently made a big move into the US market, SOL is a beast.
 
kenny, i already said i cannot value this but had some buy triggers come up recently so have been looking. i will just say for something that churns $10M per day it does not seem to have a lot of buyers or sellers - it just has a lot of trades (if u know what i mean).

(that trading queue is not somewhere for the weak of heart or big orders) the trading is ......... a bit of a boys club to me ....... and i still do not know if they want in or out. so, for better or worse, i wait but keenly watch.
 
HelloU said:
kenny, i already said i cannot value this but had some buy triggers come up recently so have been looking. i will just say for something that churns $10M per day it does not seem to have a lot of buyers or sellers - it just has a lot of trades (if u know what i mean).

(that trading queue is not somewhere for the weak of heart or big orders) the trading is ......... a bit of a boys club to me ....... and i still do not know if they want in or out. so, for better or worse, i wait but keenly watch.
Click to expand...
appears out, they want down. i really do not like these people. there is nowhere to sell & there is nowhere to buy ...... seems an odd thing to say when it is doing $10M a day ....whatevs
 
kenny said:
Any thoughts on the continued decline and where fair value lies?
I'm guessing the TPG merger block by ACCC, the weakened property market hitting BKW, and loss of favour of coal perhaps?
Click to expand...
update
pilot done recently $21.86 ........ watched gap close from a year ago and took that as a sign from god.
see what the new fiscal brings (historically a down post june but the last 6 months has been different to other past like for likes - for what it is worth)
see what happens ...coin toss ...but ready to jump out.

(see new hope and clover spiked a little yesty - did not look but suspect short covering to help pay tax bills)
 
.... and $21.89 (pretty close now, too close for me hence the "ready" comment above for my capital protection) and $15.13 are both extant target opportunities for those who poof trade.

if $15.13 goes poof that would be very very interesting ......
 
They certainly have had a fall from grace, I wonder if MLT will cop a bit of stick, last time I looked they had a swag of SOL. SOL's coal holdings have been doing o.k recently, haven't they?

I hold MLT, no SOL
 
coincidence i am sure but they seem to all have the same surname .......... :cool:

(have ..... not had)
 
sptrawler said:
They certainly have had a fall from grace, I wonder if MLT will cop a bit of stick, last time I looked they had a swag of SOL. SOL's coal holdings have been doing o.k recently, haven't they?

I hold MLT, no SOL
Click to expand...
all good, nearly "nothing to see here" after a year .........
Screenshot (8).jpg
 
sptrawler said:
The problem is you overlay ARG, AFI and MLT, there is nothing between them, picking dividends is no easy thing in these markets. Maybe I've got the wrong vehicle.:thumbsdown:
Click to expand...
... which is the very reason i see that as "it does not matter which one". Part of my posting that chart was that the big sol moves really did little to mlt either upside or downside. I do not get that, but accept it is how those particular lic's roll.
(certainly easier at tax time than etf's)
 
So_Cynical said:
Pengana is getting hammered, more than the other fund managers.
Click to expand...
lol, not as much as the naos boys.
yeah, peng, well under nta but nobody seems to care.

onto sol
1cent off closing the down gap with 2 hrs to go ........ traders really are a joyless bunch.
 
HelloU said:
.... and $21.89 (pretty close now, too close for me hence the "ready" comment above for my capital protection) and $15.13 are both extant target opportunities for those who poof trade.

if $15.13 goes poof that would be very very interesting ......
Click to expand...
gap poof last week and triggered ....... that now leaves $15.13 .......(surely not) ....
but ranging down while market up ...hmmm ..... maybe the xko readjust will be a spark for another pilot? i will look into that (or see if it is another nail)
goodbye old friend, will visit again soon
 
No thanks, SOL, I will not be taking up the secondary offer in PE1 as your 39% holding in Pengana is sufficient for me.
 
Belli said:
No thanks, SOL, I will not be taking up the secondary offer in PE1 as your 39% holding in Pengana is sufficient for me.
Click to expand...
Correct in that SOL has a 39% stake in Pengana, the old NAB stake, but the offer is for shares in the listed fund Pengana Private Equity (PE1) and that is only one of the hats they wear.
FUNDS managed by Pengana
 

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