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TLI Alt. AO. Prfnpv

52.50
0.00 (0.00%)
30 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Alt. AO. Prfnpv TLI London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 52.50 01:00:00
Open Price Low Price High Price Close Price Previous Close
52.50 52.50
more quote information »

Alternative Asset Opps Pcc TLI Dividends History

No dividends issued between 30 Apr 2014 and 30 Apr 2024

Top Dividend Posts

Top Posts
Posted at 12/1/2017 15:40 by wexboy
Final NAV is now 2.3p per share.

Should be minimal risk now of seeing a lower NAV, and IMO liquidators may have left some wiggle room for a marginally higher NAV ultimately...for the moment, it's probably best to assume a 2.3p final payout. Liquidator has confirmed they plan on making one more (i.e. a second) distribution to shareholders in due course, but wouldn't confirm timing & size at this point. Any further disclosure(s) will be made on the website:

hxxp://www.allianzglobalinvestors.co.uk/en/products/ProfessionalInvestors/FundLiterature/Pages/USTradedLifeInterestsFund.aspx

Looks like everybody's received the distribution at this point, yes? And to answer a reader query, does anybody here hold TLI via Fidelity UK? If so, have you actually received the distribution yet (& when)?

Cheers
Posted at 11/10/2016 11:16 by cockerhoop
It was a tweet, so very brief!

Alternative Asset Opportunities $TLI:LN sale of portfolio approved: … I now estimate a 53.6p wind-down NAV...
Posted at 10/10/2016 15:57 by cockerhoop
Approved - as if there was any doubt



Wexboy suggests 53.6p NAV
Posted at 03/10/2016 20:14 by cockerhoop
Bloody typical now the policies have been transferred they start dropping like flies :-)

New owners more proactive! :-0
Posted at 13/9/2016 16:39 by cockerhoop
I bought in Oct 13 and Apr 14 (at an average of 38.85p) so could have been worse, especially when the COI issues arose - would have been easy to sell at a loss then.

I liked the lack of correlation with the stock market TLI exhibited along with the slightly morbid glee when a policy came to fruition :-)
Posted at 31/8/2016 21:55 by pldazzle
Sky - it looks as if this info isn't publicly available. Try asking the BOD perhaps? (Though you might find some very general pointers at Note 5 to the Dec 2014 six-monthly interim accounts.)

I stand to be corrected, but I believe -

-- that the 2p distribution was done via a part conversion to B shares which were then cancelled;

-- that so-called "B-share" schemes have since been stamped on by Osborne, so that the value received is now treated as a dividend and the capital gains regime is not in point. What I don't know is whether that applies only to UK companies, or also to offshore ones. But I suspect that, should they want to make another payout, they might want to think of a different way. In which case the costs of the 2014 exercise wouldn't be relevant anyway.
Posted at 12/5/2016 10:50 by extrader
Hi all,

I come back to the point that the apparent ability of the policy issuer to amend premia unilaterally partway through policy life seems to be a pretty basic risk to have missed.

What recourse does TLI have to its lawyers ?

ATB
Posted at 23/2/2016 07:18 by papy02
I'd suggested that before but TLI batted away (major investors ..., bod considered all options ..., blah).

Reaction here was negative also. I guess you get more and more geared to the outcome on the remaining rump.

I just reinvest the proceeds in TLI, to similar effect (SP can overshoot downwards after payouts, which helps).
Posted at 17/2/2016 10:28 by skyship
NAV @ 51.5p, yet these still plateau @ 42p - Bizarre really, especially as the next Maturity will almost inevitably trigger another 2p+ repayment.
Posted at 23/9/2015 16:05 by cockerhoop
Blimey another high value maturity...........I suspect foul play :-)

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