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SQNX Sqn Asset Finance Income Fund Limited

53.30
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sqn Asset Finance Income Fund Limited LSE:SQNX London Ordinary Share GG00BFXYHJ13 C SHS NPV
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 53.30 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
52.60 54.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 53.30 GBX

Sqn Asset Finance Income (SQNX) Latest News

Real-Time news about Sqn Asset Finance Income Fund Limited (London Stock Exchange): 0 recent articles

Sqn Asset Finance Income (SQNX) Discussions and Chat

Sqn Asset Finance Income Forums and Chat

Date Time Title Posts
20/3/202017:17SQN Asset Fin C Share13

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Sqn Asset Finance Income (SQNX) Most Recent Trades

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Sqn Asset Finance Income (SQNX) Top Chat Posts

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Posted at 15/2/2020 18:00 by gopher
This is not the first blow up in these debt based investment trusts and often trading near par beforehand because of attractive yield and supposedly lowish risk.

The general rule is to sell first and ask questions later but in situations like this it is worth remembering that a recovery can take place and the shares will eventually settle at a discount to NAV above well above the sell off price.

I would like to see a statement from managers which is surely needed given the share price reaction
Posted at 21/1/2020 23:38 by gopher
Developments with the main share listing saying an asset write down of between 5 and 15 & and those shares have fallen sharply

Statement on these C shares soon. They were issued to eventually be combined with main portfolio but this hasn't happened so in theory totally unaffected

I am underwater here and business model seems in question but statement will clarify situation. As far as I am aware SQN are reputable,
Posted at 07/5/2017 10:54 by killing_time
The dividends have started.



The Board also has pleasure in declaring the maiden interim dividend on the C shares of 0.2 pence per C share for the period from admission to 31 March 2017. The dividend will be payable on 23 May 2017 to holders of C shares on the register on 5 May 2017. The ex-dividend date is 4 May 2017.

C Share Investment Update

The Company is pleased by the level of investment, being ahead of the prior C share issue and on target to meet the expected timeline for full deployment of 9 to 12 months from admission.

The Company has made investments totalling GBP42.0 million, including amounts expected to be drawn prior to 30 April 2017, equivalent to approximately 24% of the net proceeds of the C share issue. In addition, the Company has a further GBP34.7 million of approved investments and a further pipeline of GBP77.9 million.
Sqn Asset Finance Income share price data is direct from the London Stock Exchange

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