Share Name Share Symbol Market Type Share ISIN Share Description
Alternative Asset Opps Pcc LSE:TLI London Ordinary Share GB0034353424 RED PTG PRF SHS NPV US TRADED LIFE INT
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 52.50p 0.00p 0.00p - - - 0.00 05:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Nonequity Investment Instruments 0.0 -0.7 -1.0 - 37.80

Alternative Asset Opps Pcc Share Discussion Threads

Showing 226 to 249 of 250 messages
Chat Pages: 10  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
12/1/2017
20:40
And selftrade.
westcountryboy
12/1/2017
16:10
Idealing have finally coughed up today!
cockerhoop
12/1/2017
15:40
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
wexboy
12/1/2017
07:59
Got my 52p worth yesterday from Hargreaves and another broker. I notice on the above link that there is an email for the liquidators so I may drop them a line later today to see if they will indicate what is to come. I have been budgeting for 54p.
langland
11/1/2017
22:42
Two separate holdings at different brokers.
poacher45
11/1/2017
22:13
"Shareholders are advised that the initial distribution of 52.0 pence per Share held in the Company has been made by the Liquidators. "The initial distribution date was confirmed as 3 January 2017 and the payments have been made by cheque." Per website as at 10.13pm 11/01/17: hTTp://www.allianzglobalinvestors.co.uk/en/products/ProfessionalInvestors/FundLiterature/Pages/USTradedLifeInterestsFund.aspx Poacher, are you saying that you had a second payment as well, or that you have two separate holdings on each of which you got 52p per share?
pldazzle
11/1/2017
22:10
Nothing yet from idealing - their admin has really deteriorated of late, especially it seems when presented with cheques.
cockerhoop
11/1/2017
21:34
Both of my payments were credited last Friday. Of course with the last four policies taking such a long while to transfer it could mean that they had already matured and alternative assets did not realise.
poacher45
11/1/2017
19:41
So far I have 52p from AJBell. Very nice! From what I understand there is another 2.4p of NAV to pay out. I think they wanted to do a big payt quickly which is fine by me.
ironstorm
11/1/2017
19:21
Hi poacher - I guess and hope you are right, though the initial notice talked of retaining a reserve of only £100k out of £39m so I can't see why the rest can't be distributed sooner than that. We have not actually had news that the last four policies have been transferred, though their transfer was expected to be shortly after the last announcement on 8 December. Perhaps that's why only 52p has been credited. I would be interested to know the experience of other shareholders with different brokers. As I say, I have 52p cash from my TDW holding but not from my selftrade one.
westcountryboy
11/1/2017
18:48
The answer to that is this is the first payment so you still have the shares. Probably another 2-3p a share to come but perhaps several months down the line.
poacher45
11/1/2017
18:06
Curiously, TDW has already credited me with the cash for my shares, but at 52p. Whereas my Selftrade shares are still showing in my account.
westcountryboy
09/12/2016
09:36
Well thats it. The fat lady is now clearing her throat - the orchestra is tuned - the conductor is turning to face them. Its a shame as it had the potential to be so much more. But all in all a 50% return in 2 years. Hat tip to Wexboy who put me on to this one. Hope all shareholders enjoy some of it before starting the next dance.
ironstorm
29/11/2016
15:06
Nearly there.
langland
17/11/2016
23:18
"...the net asset value of the US Traded Life Interests Fund at 31 October 2016 was 54.9 pence per share. The associated exchange rate at 31 October was £1/US$1.221." Although a good proportion of the assets have now been converted into sterling, I'd expect recent conversions to have been at less favourable rates than on 31 October (as I write, the rate is £1=US$1.2419, having been over $1.25 earlier today). Trump's election has somewhat knocked the US dollar (not by as much as some feared, but still...), and it could well be that the proceeds of the remaining US policies don't attract such a good exchange rate either. So I won't be very surprised to see the next NAV announcement down a few points. That said, I fully expect something comfortably above 54.0p.
pldazzle
17/11/2016
22:44
'In light of shareholders approving the change of investment objective on 10 October 2016 to effect the disposal of the portfolio, the net asset value is now prepared based on the aggregate portfolio sale price of US$43.25 million, plus cash previously held, with provision for an estimate of the Company's future running expenses and the expenses expected to be incurred in the proposed liquidation process.'
langland
17/11/2016
21:38
post deleted
pldazzle
17/11/2016
11:18
Now 54.9p of assets to be returned.
poacher45
15/11/2016
08:06
We should get another RNS today confirming the next lump has been transferred. FX around 1.25. So far so good.
langland
09/11/2016
23:40
The 54p is based on a fx rate of 1.25. Since the announcement and post Trump the rate has for most of the time been below 1.25. Based on the timing of previous transfers of the policies I would expect another announcement tomorrow of another lump of policies. 54p looks pretty well nailed on to me.
langland
09/11/2016
22:48
With over 50% of proceeds still to come and be exchanged to £, the 54p must be hostage to the post-Trump $ ex-rate?
papy02
09/11/2016
22:30
The forecast has now been raised by the company to 54p.
poacher45
02/11/2016
17:04
Hmm not that uncommon I try to track all Weiss trades (and post them, when I get round to it) on the WAM thread. Worth a look if you like liquidation arbitrage.
praipus
02/11/2016
09:55
Curious to see Weiss increase with the end so close at hand.
langland
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