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Share Name Share Symbol Market Type Share ISIN Share Description
Blackrock Frontiers Investment Trust Plc LSE:BRFI London Ordinary Share GB00B3SXM832 ORD USD0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.50 0.41% 122.50 121.50 123.50 122.00 121.50 121.50 311,506 16:35:18
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 19.4 17.5 6.7 21.0 295

Blackrock Frontiers Inve... Share Discussion Threads

Showing 76 to 100 of 100 messages
Chat Pages: 4  3  2  1
DateSubjectAuthorDiscuss
08/2/2021
14:14
Tender offer as predicted above.. Northern Bear tendered at 70p which I thought undervalued the company at the time but is now 47p. No price indicated as it depends on take up but says NAV which is close to the current price.. I think BRFi is undervalued too but.... After research I won't be selling because EM's have further to go and yield is decnt here.
mach100
08/2/2021
14:13
The unaudited net asset values for BlackRock Frontiers Investment Trust PLC at close of business on 5 February 2021 were: 121.76p Capital only Sterling (pence) 122.58p Including current year income Sterling (pence) XD
davebowler
02/1/2021
13:23
hTTps://www.trustintelligence.co.uk/investor/articles/news-investor-results-analysis-blackrock-frontiers-retail-dec-2020 Kepler end of year view The dramatic snap-back in the performance of BlackRock Frontiers since the news of a breakthrough on a vaccine for Coronavirus began to filter through underlines what could be an interesting entry point for investors seeking exposure to emerging markets, and puts the trust back on the front foot after a difficult year. As we discuss in our detailed note on the trust, BRFI invests in ‘true’ emerging markets – ignoring the eight largest emerging economies which make up almost 90% of the average IA Global Emerging Markets fund according to Morningstar data - and investing instead in the smaller emerging markets and frontier markets, which includes countries like Indonesia, Vietnam and the Philippines. Valuations in these countries have suffered during the flight to safety and liquidity which has accompanied the pandemic, and they have missed out on the waterfall of money which has poured into big tech and ecommerce, neither of which features heavily here. Even as they begin to rebound valuations in smaller developing countries remain very low and we believe have the potential for room to run, particularly if the current obsession with tech and ecommerce begins to lose its sheen and growth focussed investors begin to seek pastures new. Ordinarily, economic growth in these countries and stock market performance tends to be more endogenously driven and so less correlated to global peers. The exception is during global crises such as this one, the scale of which has seen all boats falling with the tide. However, despite their apparent economic fragility compared to richer countries, many of the smaller developing nations have been more resilient to the pandemic. Populations in these countries are, on average, younger than those in the developed world or in the larger and better known ‘emerging’ countries which make up the bulk of most emerging market portfolios, making them more resilient to the worst effects of COVID which we now know are most potent among the elderly. This has spared them the worst impacts of the pandemic from a public health perspective and, importantly, their inability to conjure up vast quantities of cash via debt issuance has – for once – been a blessing in disguise, meaning they have not embarked upon the immense debt spree which has been seen in Europe and the United States, and for which we will be paying for until our children are old and grey. This combination of factors means that in our view the countries in BRFI’s portfolio are particularly sensitive to any global economic rebound whilst also, because they remain at relatively low valuations, equipped with some insulation against the downside should the recovery stumble. A weaker dollar environment, which is possible especially if a Biden administration manages to implement a large fiscal stimulus, should also benefit BRFI’s universe. We think the rise in the net exposure in recent months and elimination of the short book shows how positive the managers are on the current opportunity. Against this backdrop the current discount (-1.5%) – even though it has tightened in recent weeks – may well prove attractive as a potential entry point for some investors - given that for most of the last five years BRFI has traded on a premium to NAV.
spangle93
01/12/2020
13:49
The unaudited net asset values for BlackRock Frontiers Investment Trust PLC at close of business on 30 November 2020 were: 114.14p Capital only Sterling (pence) 116.35p Including current year income Sterling (pence)
davebowler
16/11/2020
16:47
Thanks not an unreasonable one.
luderitz
16/11/2020
16:08
From a competitor site to ADVFN that is like BSE but not B... ;-) Recent sells at 109.8p, recent buys at 111.1p
spangle93
16/11/2020
16:00
New to this one, what's the spread like on this one please.
luderitz
16/11/2020
13:29
Last week's rise is still ongoing today... looking a bit overbought but let's hope it continues
spangle93
12/11/2020
15:08
hTTps://www.trustintelligence.co.uk/articles/strategy-now-that-s-what-i-call-a-discount-nov-2020
davebowler
11/11/2020
16:47
About 6%? I think I'd rather tuck these away for the long term
spangle93
11/11/2020
15:00
Tender offer early in the New Year?. Still available on a nice NAV discount.
essentialinvestor
06/11/2020
10:43
Thanks Spangle93 very interesting I was beginning to give up hope on this one but I will hold a bit longer! The principles all are sound but the results over the last few years even ignoring Covid have been poor. Maybe a new American president will help
dbskinflint
06/11/2020
08:34
True, though that might mean this would be a good time to be buying here? Can't find yesterday's presentation uploaded, but this is a recent one containing some of the same material hTTps://citywire.co.uk/investment-trust-insider/news/hidden-growth-forgotten-40-frontier-markets-flash-recovery-signs/a1415455
spangle93
06/11/2020
08:14
Hasn't apparently generated any interest though. I guess investors' attention is elsewhere.
hiddendepths
05/11/2020
10:51
Just watched their presentation on Kepler media Very professional, worth watching the video once it is uploaded, if you're interested.
spangle93
16/10/2020
15:34
Any views on the 11% holding by City of London recently announced?
dbskinflint
08/10/2020
14:35
Starting to look attractive?
essentialinvestor
28/9/2020
17:37
Hopefully an improvement in performance going forward from here.
essentialinvestor
25/9/2020
10:57
hTTps://www.directorstalk.net/blackrock-frontiers-investment-trust-emerging-markets-beyond-china/
davebowler
27/8/2020
12:57
I guess whether that's a good or a bad thing depends on whether you're already invested :-(
spangle93
27/8/2020
12:05
extract......, the portfolio is still at around the lowest valuation level it has been at over the past decade......
davebowler
27/8/2020
11:58
hTTps://www.trustintelligence.co.uk/articles/blackrock-frontiers-aug-2020
davebowler
23/7/2020
11:36
BlackRock Frontiers faces drop from Interactive Super 60: The BlackRock Frontiers (BRFI) investment trust was placed under ‘formal review’ in July following ‘an extended period of unsatisfactory performance’. Over three years, its net asset value (NAV) has dropped 21.7%, while the shares have lost more than a quarter of their value. The £225m trust, which is managed by Sam Vecht, currently trades on a 6% discount and yields 6.2%. ‘Our in-depth review process will consider the various factors that contributed to the disappointing results, and will include a review of the team and the fund manager investment process,’ said Lipski.
loganair
12/5/2020
14:14
All quiet here Added a few today on a reasonable discount
panshanger1
07/4/2020
01:58
Despite being a holder, I am resisting the temptation to add. The countries where they are invested are mostly at the beginning of their virus outbreaks. They are economically fragile, heavily indebted and ill prepared for the disruption. Social unrest is very possible in Thailand and the Philippines where there is widespread corruption and dislike of their governments.
andyj
Chat Pages: 4  3  2  1
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