International Biotech Trust (IBT)

Sector:

Investment Firms

Index:

FTSE Small Cap

616.00p
   
  • Change Today:
      10.00p
  • 52 Week High: 694.00
  • 52 Week Low: 548.00
  • Currency: UK Pounds
  • Shares Issued: 37.74m
  • Volume: 19,150
  • Market Cap: £232.46m
  • RiskGrade: 92

Sunday share tips: William Hill, International Biotechnology Trust

By Alexander Bueso

Date: Sunday 27 Sep 2020

LONDON (ShareCast) - (Sharecast News) - Selling shares of William Hill was Jill Treanor's tip for investors in the Sunday Times's 'Inside the City' column.
Rival takeover bids from Apollo Capital Management and Ceasars Entertainment had sent the bookie's stock higher by almost half during the previous trading session.

William Hill's US operations, where it already takes one in every four legal sports bets, hold the potential for fast growth and are likely behind the takeover interest.

And it wasn't the first time that the company had been approached by suitors, rather the fifth such instance.

But Treanor cited research from ShoreCap according to which the company's US operations are probably worth 300.0p a share with the rump of the business worth another 100.0p.

Even so, said the tipster, "for those who backed the £224m fundraising in June at 128p, it might be a nervous wait - and a good opportunity to leave the racecourse with a profit.

"Sell."



For its part, the Mail on Sunday's Midas column touted the attractions of International Biotechnology Trust (IBT), arguing that it gives investors exposure to "some of the most exciting£ businesses in the field" and telling readers to 'buy'.

The tipster also highlighted what it said were the trust's "impressive track record" and the fact that it paid out dividends - unlike most individual biotech companies.

"Over time, the company should deliver both capital and dividend growth. The group's managers have more than 75 years' combined experience and include Kate Bingham, chair of the UK Vaccine Taskforce," Midas said.

"Their ability to pick successful companies is based on rigorous stock selection and a deep network of industry contacts."

Over 10% of the trust's portfolio consisted of unlisted companies but for the most part it was invested in listed one, be they large market-cap outfits or ones which still had to turn a profit.

A majority of the investments were also based in the US with a focus on a range of ailments, including cancer, Parkinson's or inflammatory conditions such as rheumatoid arthritis, with a third oriented towards so-called rare diseases.

"Investors in the business should be rewarded with income, capital gains and the knowledge that they are funding companies whose work can make a tangible difference to people's lives. Buy."



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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

IBT Market Data

Currency UK Pounds
Share Price 616.00p
Change Today 10.00p
% Change 1.65 %
52 Week High 694.00
52 Week Low 548.00
Volume 19,150
Shares Issued 37.74m
Market Cap £232.46m
RiskGrade 92

IBT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
6.93% below the market average6.93% below the market average6.93% below the market average6.93% below the market average6.93% below the market average
6.35% above the sector average6.35% above the sector average6.35% above the sector average6.35% above the sector average6.35% above the sector average
Price Trend
8.84% above the market average8.84% above the market average8.84% above the market average8.84% above the market average8.84% above the market average
8.38% below the sector average8.38% below the sector average8.38% below the sector average8.38% below the sector average8.38% below the sector average
Income
43.93% below the market average43.93% below the market average43.93% below the market average43.93% below the market average43.93% below the market average
82.22% below the sector average82.22% below the sector average82.22% below the sector average82.22% below the sector average82.22% below the sector average
Growth
59.43% below the market average59.43% below the market average59.43% below the market average59.43% below the market average59.43% below the market average
51.14% below the sector average51.14% below the sector average51.14% below the sector average51.14% below the sector average51.14% below the sector average

IBT Dividends

  Latest Previous
  1st Interim 2nd Interim
Ex-Div 21-Dec-23 27-Jul-23
Paid 26-Jan-24 25-Aug-23
Amount 13.90p 14.20p

Trades for 26-Apr-2024

Time Volume / Share Price
16:35 15 @ 616.00p
16:35 15 @ 616.00p
16:25 3 @ 615.04p
16:13 32 @ 615.04p
16:11 996 @ 612.22p

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