Share Name Share Symbol Market Type Share ISIN Share Description
Alternative Liq LSE:ALF London Ordinary Share GG00BYRGPD65 ORD USD0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +$0.00 +0.00% $0.17 $0.16 $0.18 - - - 0.00 05:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 0.0 -18.7 -12.9 - 24.82

Alternative Liq Share Discussion Threads

Showing 51 to 75 of 75 messages
Chat Pages: 3  2  1
DateSubjectAuthorDiscuss
19/4/2017
21:42
True - but if they add $15m to the NAV they then charge fees based on the NAV so we could end up paying more in fees than we get back - if it takes long enough...
rjmahan
19/4/2017
20:39
"We have paid $1M for a portfolio with a NAV of approximately $15M. We expect to recover $3M over the next few years" If they expect to recover $3M in total why did they say the NAV was $15M?
hugepants
19/4/2017
18:42
They shouldnt add $15m if they say they are going to recover $3m - don't encourage that sort of behaviour !
rjmahan
19/4/2017
13:07
Fact sheet for up to end Jan 2017 was released on the website yesterday. https://www.morgancreekfunds.com/wp-content/uploads/sites/2/2016/07/ALFFactSheetJanuary2017.pdf NAV = 76.8 cents They've agreed to sell the remaining GLG holding over the next 12 months. This will bring in 1.75 cents by my calcs. They also say they've recently bought some assets off a liquidator. They claim to have paid $1M for $15M of NAV! They say they expect to recover $3M (2 cents per share) over the next few years and have already received $200K. It will be interesting to see if they add the $15M from this acquisition onto the total NAV of the company. If they do that would add 9 cents to NAV.
hugepants
18/4/2017
08:26
No wonder I can't get hold of any at a good price...
zcaprd7
11/4/2017
19:27
There was quite an interesting holding RNS yesterday http://www.investegate.co.uk/alternative-liqdty--alf-/rns/holding-s--in-company/201704101012130513C/ Deutsche Alternative Asset Management (UK) Limited have increased from below 3% to 16.52%
hugepants
23/3/2017
20:58
Interim results out today. https://www.rns-pdf.londonstockexchange.com/rns/2978A_-2017-3-23.pdf NAV of 75 cents. That's after returning 7.5 cents to shareholders over the course of the year. Discount to NAV is 78%. They say they will make a further return of cash once they make another disposal. However they have net cash of about $7M (4.5 cents) so not sure why they cannot make an immediate distribution of 1-2 cents?
hugepants
02/3/2017
17:10
Hmm, do you think I'll get another chance?
zcaprd7
13/2/2017
23:34
The November fact-sheet is on the website. They seem to put them online on a couple of months delay. NAV of 76 cents with 2 of the smaller positions increasing in value by $1 million. NAV holding up very well so far which bodes well. http://www.morgancreekfunds.com/wp-content/uploads/ALFFactSheetNovember2016.pdf
hugepants
25/1/2017
11:16
I'd say so. The whole point of this company is to liquidate the assets and return cash to shareholders so yes, we should expect them shortly to return the $2.5M (1.7c) they recently received.
hugepants
24/1/2017
00:07
I can't work this one out at all! Are we expecting another redistribution?
zcaprd7
19/1/2017
13:26
Missed my chance there to get in?
zcaprd7
18/1/2017
23:25
we're probably due a monthly fact-sheet.
hugepants
17/1/2017
15:46
Perky here today, any news?
zcaprd7
03/1/2017
22:22
yeah this really needs to be renamed the Alternative ILLIQUIDITY Fund.
hugepants
03/1/2017
21:40
That will be why the price went up...
rjmahan
03/1/2017
16:20
Bought a few more of these today.
hugepants
22/12/2016
13:28
No worries. No legal obligation!
zcaprd7
20/12/2016
19:08
zcaprd7, I certainly did not advise you to buy gfir or anything else.
hugepants
20/12/2016
17:31
You have phone Hargreaves. 50 quid commission.
langland
20/12/2016
15:57
Took your advice and went for both gfir, and also argo for a punt... Headline spread not as bad as they make out by the way!
zcaprd7
20/12/2016
14:46
Oh. I see. It's 15 cents to buy. Hargreaves won't let me buy it online...
zcaprd7
20/12/2016
12:28
There was a disposal of $2.5M (1.7 cents per share) announced late friday. http://www.investegate.co.uk/alternative-liqdty--alf-/rns/distribution-receipt/201612161600351199S/ So on the basis any disposal at NAV is significant here then I've been buying back a few of these. I'd expect another 1.5 cents returned early next year.
hugepants
14/12/2016
13:54
? Have they got their decimal point in the wrong place? Do the mean US cents not dollars
zcaprd7
13/12/2016
01:07
If you got 7.5 cents in distributions, how come you only made 50%?
zcaprd7
Chat Pages: 3  2  1
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