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Pershing Square Holdings (PSH)
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Mr GL
Posted: 20 January 2022 07:51:30(UTC)
#112

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PERSHING SQUARE HOLDINGS LTD
Released 07:00:00 20 January 2022
LONDON--(BUSINESS WIRE)--

Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (NA:PSH) today released its regular weekly Net Asset Value (“NAV”) and performance returns on its website, https://www.pershingsqua...y-reports/weekly-navs/. The NAV and returns were computed as of the close of business on Tuesday, 18 January 2022.

PSH NAV per share as of close of business on 18 January 2022 was 54.57 USD / 40.15 GBP and year-to-date performance was -4.8%.

SP at close 2825. discount 29.6%
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3 users thanked Mr GL for this post.
Guest on 20/01/2022(UTC), lindsay Morrison2 on 20/01/2022(UTC), Bardolph on 20/01/2022(UTC)
lindsay Morrison2
Posted: 21 January 2022 11:20:27(UTC)
#113

Joined: 22/02/2017(UTC)
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...joined the PSH party with a chunk this morning !!!
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2 users thanked lindsay Morrison2 for this post.
Raj K on 21/01/2022(UTC), Mr GL on 21/01/2022(UTC)
Mr GL
Posted: 21 January 2022 11:41:22(UTC)
#114

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lindsay Morrison2;204267 wrote:
...joined the PSH party with a chunk this morning !!!


I've seen it on a few 'what to buy for 2022' recommendation lists...
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Alanis M
Posted: 21 January 2022 12:01:55(UTC)
#115

Joined: 26/02/2018(UTC)
Posts: 81
It's not had a good few weeks, despite the recommendations and the inflation hedge position.

Partly due to umg.as drop? Although I think the discount is widening. I also think this wider market slide is good for the prospects of his spac.

I am holding, will add if significant dips.
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Bulldog Drummond
Posted: 21 January 2022 12:20:11(UTC)
#116

Joined: 03/10/2017(UTC)
Posts: 6,253
I seem to recall Mr Ackman taking a big put position about 9 months ago just before the markets rallied. He appears to have missed more recent events or if not he is keeping quiet. PSH always seemed to me the equivalent of A Day at the Races, with Mr Ackman taking a lot of your winnings but not sharing your losses.
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Mr GL
Posted: 21 January 2022 12:23:56(UTC)
#118

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Bulldog Drummond;204289 wrote:
I seem to recall Mr Ackman taking a big put position about 9 months ago just before the markets rallied. He appears to have missed more recent events or if not he is keeping quiet. PSH always seemed to me the equivalent of A Day at the Races, with Mr Ackman taking a lot of your winnings but not sharing your losses.


dont you have something better to do....
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Alanis M
Posted: 21 January 2022 12:32:30(UTC)
#117

Joined: 26/02/2018(UTC)
Posts: 81
Bulldog Drummond;204289 wrote:
I seem to recall Mr Ackman taking a big put position about 9 months ago just before the markets rallied. He appears to have missed more recent events or if not he is keeping quiet. PSH always seemed to me the equivalent of A Day at the Races, with Mr Ackman taking a lot of your winnings but not sharing your losses.


He has a huge chunk of his personal wealth in PSH, so he's not abstracted from its performance. I think the position you're referring to was an inflation hedge swaption that has made a lot of money and offset losses due to the PSTH debacle.
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Bulldog Drummond
Posted: 21 January 2022 12:37:22(UTC)
#119

Joined: 03/10/2017(UTC)
Posts: 6,253
Mr GL;204291 wrote:


dont you have something better to do....

Yes, just heading off now to meet a friend for a long lunch.
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Mr GL on 21/01/2022(UTC)
Alanis M
Posted: 24 January 2022 12:54:56(UTC)
#121

Joined: 26/02/2018(UTC)
Posts: 81
Down over 5% today. Why?!? I am struggling to understand
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Mr GL
Posted: 24 January 2022 13:20:29(UTC)
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Yup - I have reduced a little today _ its not doing what I expected it to and so I have reduced... this is a very nervous overall market and so larger moves are to be expected...

Pershing Square PSH Global Hedge Fund 3.8%

I have reduced a number of line items and so today was more about overall risk management - this has a wide discount - it does not have a deep bid or deep underlying support so on nervous days I expect small trades have an outsized effect on share price... ultimately we are buying the NAV and with the most recent NAV showing underlying weakness PSH is vulnerable more discount / share price movements...
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