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EFR EF Realisation

70.50
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
EF Realisation LSE:EFR London Ordinary Share GG00BF243Y95 ORD NPV
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 70.50 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 70.50 GBX

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EF Realisation (EFR) Discussions and Chat

EF Realisation Forums and Chat

Date Time Title Posts
05/1/202416:09EF Realisation 212

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EF Realisation (EFR) Top Chat Posts

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Posted at 05/1/2024 16:09 by linhur
Still waiting for final payment- less than 1p per share
EFR still awaiting US Tax refund
2023 Agm this next week

Happy New Year everyone

linhur
Posted at 22/9/2022 15:35 by looloo1
i've received my payment now through HL, looks like 7.7p per share, and according to Grant Thornton there will be one more final payment at closure, not sure when that will be.
Posted at 02/9/2022 10:13 by bedbel
Hi Linhur,

Thanks for the information. Could you give the exact amount per share? Then I can pass it on to saxo bank who are already struggling to find my 75000 shares, let alone the distribution.
Posted at 03/8/2022 09:56 by linhur
looloo1
Apologies for delay in replying.

It is the final payment for EFR.

Distribution payment will be just over 7p per share.
Payment to be made on 19 August.
If you are nominee account it will come by Crest but you should notify provider as most of them have written it off.

If you hold certificates it is more difficult.
No payment if under £10 (approx 140 shares)

Grant Thornton (liquidators) require due diligence. Long list of items to be declared. Administration is done by GT in Jersey. Suggest you contact Lucy.Allen@gt-ci.com for further details.

looloo you might get £320 if you can go through all the hoops! Contact HL because they have never heard of ERF

XD is 12 August. charged extra cost after that date.

Linhur
Posted at 01/8/2022 12:09 by looloo1
hi Linhur - is this a final payment for the EFR realisation fund? i havent been able to get any info from Hargreaves landown on this for the last few years, and I don't get the correspondence from liquidators because HL doesnt seem to pass it on. I still have around £4,500 tied up in this, I would love to know what is happening!!
Posted at 30/7/2022 21:56 by linhur
Topvest

I have had letter from liquidators in Guernsey that EFR are paying a 7p dividend towards the end of August but require a long Anti Money Laundering document to be completed, No value if dividend is under £10.

Regards

Linhur
Posted at 21/1/2020 09:59 by linhur
Topvest

Are you sure that you have got the right company?

The communication I received on 10 January referred to Ecofin Water & Power Opportunities Plc which was the previous company before the split to Ecofin Global Utilities and Infrastucture and EF Realisation Co.

This thread only covers EFR.

I did contact the liquidators of EFR in Guernsey a few weeks ago as I was expecting a huge bonus from sale of Australian Water rights as a result of the forest fires.Unfortunately these rights were sold some time ago and there is no bonus!
Sometime later there might be a small token final distribution.

Linhur
Posted at 26/7/2018 16:46 by kenmitch
Great posts SpectoAcc.

I monitor Lonestar share price closely (up a bit just now) and like you had been expecting them to report a lower NAV today. Whatever the reason for the surprise NAV increase it's very welcome and good chance of further EFR share price increase tomorrow.

You say "at most 2 months" but I had thought they were allowing themselves some wriggle room and September not a deadline date and just an ambition. Is that wrong?
Posted at 22/7/2018 07:52 by spectoacc
Thanks @kenmitch - valid point. "What goes up" etc. EFR have always claimed LONE to be very undervalued compared to their peers - latest big rise (which has come despite a lower oil price) must have brought them back in line. I slightly wish they were selling into this rise.

On the plus side - EFR have seats on the LONE board, so in theory, if bad news was coming, they ought to know about it. Whether that would let them sell is unlikely, but it might have let them tweak the EFR NAV. Plus, if there was bad news on eg drilling or production, I doubt this big rise would have occurred.

Either way - LONE is now c.75% of EFR's NAV, so the price they finally achieve will have a big effect on what we get back.

On the plus side - if I'm right about current NAV, there's a fair bit of leeway in the EFR price already.

What EFR said in early June when LONE was $7:

"Lonestar's management continues to believe that its high quality assets and strengthened balance sheet are not well reflected in Lonestar's equity market valuation. Not only is Lonestar's share price (at $7.08 per share on 6 June 2018) trading at approximately 37% of the value indicated by the independent valuation of its proved and probable reserves, but Lonestar's shares stand on low trading multiples compared to its quoted peers that operate in the Eagle Ford shale basin or are smaller oil focussed US E&P companies. Lonestar's proved reserves are valued at just $7.6 per barrel of oil equivalent compared to its quoted peers whose proved reserves are valued at $11.4 per barrel of oil equivalent. Moreover, Lonestar's shares currently trade at an enterprise value equivalent to approximately 4.9 times analysts' estimates of 2018 EBITDA, while quoted peers trade at an average of 6.4 times EBITDA."

Also worth noting - particularly the "..Each asset..", which includes LONE. And they were dead right about LONE s/p! ::

"Your Board's and Investment Manager's focus is on realising the carrying values of the three significant remaining investments in the portfolio. Discussions are underway for each asset which should enable the Company to accomplish this goal and return the value to Shareholders in the coming months. Moreover, Lonestar's management is executing on a business plan that it believes will enhance its attractiveness to investors and drive an increase in its share price, which would raise the Company's NAV."
Posted at 21/7/2018 08:55 by kenmitch
Very useful posts SpectoAcc so do keep posting. I only woke up to and bought EFR a few weeks ago, and then only because EFR featured in IT biggest winner lists and was wondering why. Clearly a LOT hangs on the LONE share price. So presumably their results next month could be make or break time? After such a fast gain a risk presumably that even very good results are already priced in, and even minor disappointment likely to hit share price? Don’t know much about LONE other than share price is rocketing!
EF Realisation share price data is direct from the London Stock Exchange

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