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Pershing Square Holdings (PSH)
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Big boy
Posted: 15 February 2022 20:05:34(UTC)
#152

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I see the SPACs market has gone of the boil which seems to confirm some of us going of the boil with PEs. I am still a bull of PSH with overweight position.
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Guest on 16/02/2022(UTC)
Mr GL
Posted: 16 February 2022 12:58:37(UTC)
#153

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well - this surprises me - but then I am a dum investor and these guys are meant to know what they are doing!

https://www.cityam.com/w...&utm_medium=twitter

Berkshire Hathaway, Warren Buffett’s investment vehicle, has reportedly ditched more than $3bn in stock in payment processor giants Visa and Mastercard.
According to a securities filing in the U.S., dated 14 February, the investment giant has sold $1.8bn in Visa shares and $1.3bn in Mastercard stock.
At the same time, the company increased its participation in Nubank, the largest fintech bank in Brazil that is highly active among the country’s Bitcoin investors.
The activity signals a shift away from traditional credit companies and an increased focus on their fintech rivals.
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stephen_s on 16/02/2022(UTC), Guest on 17/02/2022(UTC), countrymum on 17/02/2022(UTC)
Mr GL
Posted: 17 February 2022 08:08:28(UTC)
#154

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The NAV and returns were computed as of the close of business on Tuesday, 15 February 2022.
PSH NAV per share as of close of business on 15 February 2022 was 53.87 USD / 39.79 GBP and year-to-date performance was -6.0%.



puts PSH on a 31% discount...
I have Pershing Square PSH Global Value 3.7%
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5 users thanked Mr GL for this post.
Raj K on 17/02/2022(UTC), Guest on 17/02/2022(UTC), Sheerman on 17/02/2022(UTC), Guest on 17/02/2022(UTC), Alanis M on 17/02/2022(UTC)
Big boy
Posted: 17 February 2022 14:01:04(UTC)
#155

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Mr GL;209571 wrote:
The NAV and returns were computed as of the close of business on Tuesday, 15 February 2022.
PSH NAV per share as of close of business on 15 February 2022 was 53.87 USD / 39.79 GBP and year-to-date performance was -6.0%.



puts PSH on a 31% discount...
I have Pershing Square PSH Global Value 3.7%


Thanks for update...on 30% plus discount I am about to replace my overweight position having reduce earlier.....
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Jim99
Posted: 17 February 2022 14:10:28(UTC)
#156

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PSH is on a sizeable discount, but, aren't many of its holdings consumer discretionary? Discretionary spending may well get hit hardest if inflation increases and times get tougher? i.e. is it such a bargain on fundamentals or is the expectation that Ackman will pull another swaps rabbit out of the hat? Not as clear cut to me as some of the other discount stories.
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Mr GL on 23/02/2022(UTC)
Big boy
Posted: 17 February 2022 14:20:32(UTC)
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Jim99;209642 wrote:
PSH is on a sizeable discount, but, aren't many of its holdings consumer discretionary? Discretionary spending may well get hit hardest if inflation increases and times get tougher? i.e. is it such a bargain on fundamentals or is the expectation that Ackman will pull another swaps rabbit out of the hat? Not as clear cut to me as some of the other discount stories.



Are not all those factors priced into the share prices or has the market not realised what's going on yet .. could be these factors have driven down the prices already and therefor they are now oversold..not sure I can added any value trying to understand what's going on in say 100,000 minds.
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Guest on 17/02/2022(UTC), Mr GL on 23/02/2022(UTC)
Auric
Posted: 23 February 2022 00:03:11(UTC)
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Q4 2021 Lowe’s Companies, Inc. Earnings Conference Call, c. 13% PSH holding, report tomorrow, 23rd Feb.
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Mr GL on 23/02/2022(UTC)
Auric
Posted: 23 February 2022 14:58:26(UTC)
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Lowe's well received decent result. Up c. 5%
https://www.marketwatch.com/stor...-expectations-2022-02-23
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Strangways on 23/02/2022(UTC), Mr GL on 23/02/2022(UTC), Guest on 23/02/2022(UTC)
Mr GL
Posted: 07 March 2022 17:11:29(UTC)
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Billionaire investor Bill Ackman said Monday he had invested once again in Canadian Pacific Railway Co., a decade after he replaced the railroad’s board of directors and implemented the late Hunter Harrison as chief executive officer in a high-profile proxy battle.

Ackman disclosed in a regulatory filing that his Pershing Square Capital Management held roughly 2.8 million shares in CP Rail at the end of December. The investor has since added to his position and currently has economic exposure of roughly 14.8 million shares, or $1.2 billion, in stock and forward contracts that it intends to exercise, a spokesman for the firm confirmed.
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6 users thanked Mr GL for this post.
Raj K on 07/03/2022(UTC), Big boy on 07/03/2022(UTC), Bardolph on 07/03/2022(UTC), Strangways on 07/03/2022(UTC), lindsay Morrison2 on 08/03/2022(UTC), Phil 2 on 08/03/2022(UTC)
Mr GL
Posted: 10 March 2022 07:42:05(UTC)
#161

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Thu 10 Mar 2022 07:00

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, 8 March 2022.
PSH NAV per share as of close of business on 8 March 2022 was 47.69 USD / 36.40 GBP and year-to-date performance was -16.8%.

SP performance is down 14%

Discount using close SP of 2595 is 29%

I have Pershing Square PSH Global Value 3.4%
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