|Ukraine Opportunity Trust
||ORD USD 0.01
||EPS - Basic
||Market Cap (m)
|Equity Investment Instruments
Real-Time news about Ukraine (London Stock Exchange): 0 recent articles
|envirovision: Not currently a holder, have done well on the ups over the years though since 08. Management seem to like helping themselves to charges for doing very little, given the past and present share price action it looks over valued by history but then it is illiquid. Greenwood seems to think its attractive, I would love to know why though bet he is worried now|
|envirovision: The weird thing here was the delay in the fall of the share price, events became terminal as far back as Xmas and it was known the country would need a bail out, I rather think there's no quick fix now.|
|gb904150: AGM is 11th May 2pm.
What i would like to know is why the board remuneration is linked only to NAV and has no correlation to the other 2 KPIs set out in the Annual Financial Report.
The key performance indicators ("KPIs") used to measure the progress of the
Company during the period under review are as follows:
* Net Asset Value ("NAV").
* The movement in the Company's Share price.
* Premium/discount of the Share price in relation to the NAV.|
|envirovision: I agree fees can be sick.
Look at this fact: IE if one invested 1,000 in Berkshire Hathaway in 1965 one would have >8,000,000. However if the fund kicked off with a 2% annual fund charge plus a 20% performance fee (both of which typical) ones return would only be 400,000. In otherwords you would have given over more than 7.5 Million in fees and charges.
My biggest problem here right now is that the fund is priced in dollars and I am a UK resident so I have had to sell today on account that based on several sources, the dollar seems like its going to fall a further 10-15% over the next 12 months. This could result in significant loss for me if the share price remains static or does not advance a lot.|
|envirovision: Just checking, infact it seems that greenwood has reduced his stake from 10% to 5.7% over the year or so. The ones who have really been adding are the funds under the Montpelier holding now >20%.
It would be interesting to email or phonne them and see what they intend to do regarding the silly discount. Buying back the shares although helping increase NAV further is not helping the share price.|
Ukraine Opportunity Trust share price data is direct from the London Stock Exchange