Adv. Front. Npv Share Discussion Threads

[davebowler] 24/6/2016 13:47

Moved to -

[davebowler] 21/4/2016 13:07

12 April 2016

Advance Frontier Markets Fund Limited ("the Company") announces that its unaudited Net Asset Value as at the close of business on 08 April 2016 was USD 0.8093 per share (Sterling equivalent at that date was GBP 0.5728 per share).

[davebowler] 30/4/2014 12:13

hxxp://www.frontiermarketsfund.com/downloads/assets/AFMF_-_1Q14.pdf

[davebowler] 18/2/2014 11:33

Westhouse;
Blackrock Frontiers (BRFI.L, +4.2, Sell)
– We recently highlighted this stock as a trading
Buy,
when the overspill from the recent panic in emergin
g markets knocked frontier fund pricing
(despite little evidence of any accompanying intrus
ion into asset pricing in the frontier
markets). The fund has as expected partly re-rated,
though it is also worth noting that
Advance Frontier Markets (AFMF.L, -7.5%, Buy)
has outperformed BRFI at the NAV level in
recent weeks, so it is worth watching this gap in p
ricing for profit taking and switching
opportunities.

[davebowler] 29/1/2014 12:09

28 January 2014

Advance Frontier Markets Fund Limited ("the Company") announces that its unaudited Net Asset Value as at the close of business on 24 January 2014 was USD 1.0162 per share (Sterling equivalent at that date was GBP 0.6165 per share).

On the other hand BRFI trades at a slight premium to NAV.

[davebowler] 07/1/2014 11:38

Westhouse;
Advance Developing Markets* (ADMF.L, -10.4%, Buy)
– This remains the key value play in
the emerging market space, with the fund continuing
to outperform higher-rated vehicles
such as
Templeton Emerging Markets (TEM.L, -8.0%).
Value investors may also be
interested in sister fund,
Advance Frontier Markets (AFMF.L, -10.2%)
at current levels.
While
Blackrock Frontiers (BRFI.L)
continues to add often significantly greater value
in terms
of the NAV, meriting a pricing gap, this gap has ex
panded significantly in recent weeks (see
Daily Chart on page 1) and some players may be temp
ted to switch at current differentials or
allocate capital to AFMF in its own right.

[ifthecapfits] 18/12/2013 11:46

hxxp://moneyweek.com/new-world-these-four-markets-made-seventy-point-nine-percent/

[ifthecapfits] 12/11/2013 09:57

Rising nicely - are they buying back there shares?

[ifthecapfits] 06/11/2013 16:29

Where was that from?

[davebowler] 05/11/2013 12:57

The Board of Advance Developing Markets Fund* (ADMF.L, -9.6%, Buy) has announced that the fund will now move to implement a tender for up to 10% of shares outstanding at a 1% discount to the formula asset value (FAV). The record date for participating in the tender offer has been set at 7 November 2013. This has been instigated under the terms of the shareholder-approved proposals of March 2013 which allowed for two conditional tenders (in the six months to end-October 2013 and April 2014).

 

[ifthecapfits] 21/10/2013 11:19

Just taken a few for the SIPP.

[davebowler] 15/10/2013 12:18

Yes ,very!
Westhouse;
Blackrock Frontiers (BRFI.L, +7.2%, Sell)
– Very expensive. By its own very high standards,
BRFI has had something of a poor quarter (relative
and absolute) in terms of its NAV
performance. Yet the rating has improved. A pricing
gap of over 16 percentage points with
the weaker performing
Advance Frontier Markets (AFMF.L, -9.4%, Buy)
does look
somewhat attractive for advocates of the asset clas
s.

[andrewcb] 19/9/2013 15:59

Lonely here Dave? :)

[davebowler] 16/9/2013 13:43

Still at a good discount whereas BRFI is at a premium.

09 September 2013

Advance Frontier Markets Fund Limited ("the Company") announces that its unaudited Net Asset Value as at the close of business on 06 September 2013 was USD 0.9036 per share (Sterling equivalent at that date was GBP 0.5781 per share).

[davebowler] 07/8/2013 10:30

05 August 2013

Advance Frontier Markets Fund Limited ("the Company") announces that its unaudited Net Asset Value as at the close of business on 02 August 2013 was USD 0.9198 per share (Sterling equivalent at that date was GBP 0.6017 per share).

In accordance with the Company's valuation policy, the Company's published NAV per share figures have always included and continue to include current financial year revenue items.

5 August 2013

www.frontiermarketsfund.com

[davebowler] 17/7/2013 12:25

hxxp://www.westhousesecuritiesresearch.com/Research/iid/63190842942/p