Alternative Liquidity Share Discussion Threads

[rjmahan] 29/6/2018 19:32

If you look at fact sheet could still be opportunity here - might take a while though.....

[zcaprd7] 29/6/2018 16:31

I wish I'd bought them when I had the chance now... They've returned the purchase price and the shares would be free by now!

[zcaprd7] 11/5/2018 11:38

Getting a bit low now, what gives?Have they sold off the cherries now and just left with the duds, after the latest return or capital?

[hugepants] 23/1/2018 14:03

Can anyone see the fact sheet yet?

[langland] 26/12/2017 20:44

Agree.......and it had been flagged.....and more disposals to come in Jan hopefully.

[hugepants] 26/12/2017 19:59

NAV marked down to 45.5 cents on 22nd Dec. That's a huge cut but hopefully a realistic NAV now with potential for upside.

[hugepants] 19/12/2017 07:18

Missed this from last week.


They are planning to increase the size of the company by issuing a new share class early in the new year. Also looks like another 4 cents to be distributed

"The Company has received US$6 million in cash from underlying investments over the past month and anticipates that further funds may be received over the coming month. The Board therefore intends to make a distribution to shareholders, details of which will be provided in the New Year."

[hugepants] 12/12/2017 15:57

Due an update here. It will be interesting to see how they value the remaining 2 Vision funds which are 40% of the portfolio. They got close to book value for the Vision FCVS PB fund last month.

[zcaprd7] 22/11/2017 14:15

Still kicking myself over these...

[hugepants] 22/10/2017 22:24

The July fact sheet is out now. There is a new investment manager now and it contains a bit more information than previously. NAV is 77 cents and they have 6.5 cents cash now (30% of the market cap) after the 3DPropCo liquidation. Also sounds like they will apply a discount to the NAV which is probably a good thing.

[robizm] 25/9/2017 13:11

It was and it looks like they may have taken it.

[hugepants] 25/9/2017 11:47

If I recall correctly there was an offer on the table of "20 cents on the dollar" plus 50% of future disposals for Abax Arhat. I think it was in one of the monthly fact-sheets at the beginning of the year.

[robizm] 24/9/2017 18:26

On further reading gfir had 1250 shares at approx 1/2 million last year but marked them down by 80% where as alf still have them at full price at $6 milliin dollars but i would say now worth £900000 approx to what gfir sold theres for.

[langland] 24/9/2017 12:23

Good spot.

[robizm] 24/9/2017 11:52

These hold 5.7% at 30th june in abax rhat fund which gfir annouced will receive an upfront payment of £110000. Not sure what percenrage this was of gfir so cannot tell uf the full 5.7% is on it way back to alf or if it was a part payment but it is more cash

[zcaprd7] 19/9/2017 16:11

Really missed the boat on this one. Sigh

[hugepants] 19/9/2017 12:31

great stock this one and there could be more to come from this disposal

[langland] 19/9/2017 11:53

5.15mn $ received. Should allow for another 3.5 cents to be distributed .....not bad.

[langland] 19/9/2017 09:04

Quite a bit of activity last 24 hours with price moving up with volume. There must be more to it than just the sale of 3dpropco as per GFIR.

[skyship] 29/8/2017 14:12

HP - many thnx for that....Another distribution? - let's hope so...

[hugepants] 29/8/2017 13:59

3D Prop Co has been sold. See gfir. No financial details though!
If it's sold at the ALF book value that is 3.25 cents, more than enough for another distribution.

[zcaprd7] 23/8/2017 10:35

I wanted 14 a share since last time, and missed out... Are these still worth it?

[skyship] 23/8/2017 09:48

Down to 16p - not looking very impressive! Certainly lacks visibility this one...

[rjmahan] 09/6/2017 14:55

Question for me now is - with them now buying assets to realise has this moved on from being a realisation fund?