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BGLF Blackstone Loan Financing Limited

0.749
0.00 (0.00%)
Last Updated: 08:00:14
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Blackstone Loan Financing Limited LSE:BGLF London Ordinary Share JE00BM8J7D47 ORD NPV (EUR)
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.749 36,987 08:00:14
Bid Price Offer Price High Price Low Price Open Price
0.74 0.758 0.76 0.746 0.76
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Finance Services 61.38M 59.35M 0.1341 5.59 331.61M
Last Trade Time Trade Type Trade Size Trade Price Currency
08:38:21 O 13,686 0.74 EUR

Blackstone Loan Financing (BGLF) Latest News

Blackstone Loan Financing (BGLF) Discussions and Chat

Blackstone Loan Financing Forums and Chat

Date Time Title Posts
20/12/202409:16Blackstone/GSO Loan Fund33

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Blackstone Loan Financing (BGLF) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
08:38:210.7413,6860.00O
08:37:160.7510,0000.00O
08:21:230.7410,0000.00O
08:00:190.763,2560.00O
08:00:180.7690.00O

Blackstone Loan Financing (BGLF) Top Chat Posts

Top Posts
Posted at 13/1/2025 08:20 by Blackstone Loan Financing Daily Update
Blackstone Loan Financing Limited is listed in the Finance Services sector of the London Stock Exchange with ticker BGLF. The last closing price for Blackstone Loan Financing was 0.75 â‚¬.
Blackstone Loan Financing currently has 442,738,903 shares in issue. The market capitalisation of Blackstone Loan Financing is £332,054,177.
Blackstone Loan Financing has a price to earnings ratio (PE ratio) of 5.59.
This morning BGLF shares opened at 0.76 â‚¬
Posted at 19/12/2024 13:06 by jrxs4all
This is the end:https://www.londonstockexchange.com/news-article/BGLF/results-of-extraordinary-general-meeting/16820638
Posted at 22/11/2024 10:25 by gary1966
Hadn't seen the announcement last night. Well that moves the goal posts. Quite a haircut. Personally was happy to wait years and take the very healthy dividend in the meantime. To get the same income holders are going to have to find something paying 11% at the takeout price, and that is assuming we see it all and that isn't shaved again for costs. Having only started buying in May at under 60c I mustn't complain but am going to miss what I considered a relatively safe income.
Posted at 19/11/2024 11:51 by eggbaconandbubble
Again, thank you Gary - idiot me took the ADVFN price as being in £'s!

Good discount for a potential capital gain and in the meantime a very healthy return, which is why I'm here!

Any reason or alarm bells I should be concerned about before an initial investmenT?
Posted at 19/11/2024 11:34 by gary1966
€0.90 and price quoted in €cents so still about a 15% discount at todays price with 20% uplift.

No inkling on timescales but when I bought the yield was so high and the capital uplift excellent and so I was happy to hold if it took a long time. Reinvested the last capital redemption and will probably do the same again this time as still yielding just under 12% with scope for some capital appreciation still.
Posted at 19/11/2024 09:34 by gary1966
Yes being wound down but no timescales given and I am not expecting it to be quick but good yield while you wait and redemptions at NAV and so good capital appreciation as still trading at a good discount.
Posted at 29/11/2022 17:17 by rambutan2
Fidelity drops 22m ords (from 8% to 1.5%) at Eur 0.58:
Posted at 13/4/2021 21:11 by danieldruff2
To give you some idea of the volatility that is possible, back in the financial crisis of 2008, GLIF (which once held a CLO portfolio they offloaded to FAIR), sunk down to 1.5p a share at one point, with all dividends stopped. Then with the recovery it went to 45p with dividend restored.

With the covid fall in March last year I kept an eye on this sector in case the same opportunity arose but it never got remotely close to such dramas.
Posted at 13/4/2021 16:40 by yieldsearch
This is not a growth share, because really the underlying are complex leverage structures of loans: Loan upside (like any debt) is capped at the amount of interest generated by the loan.

BGLF, similar to CIFU, VTA, FAIR and a few others, are leverage position on corporate loans/ debt.
If the market value of the loans goes down, due to leverage, the market value of BGLF will go down faster (eg feb march 2020).
If loans are defaulting, then reduced income will be received by BGLF, which will then likely trigger a decline in price.

so all in all, when the macro economy is doing well, you will get a nice dividend, but with a recession, the market value of bglf will go down.
The best time to buy this is quite likely just after a crash (dividend increase and market value increase)
Posted at 13/4/2021 10:35 by danieldruff2
I guess I should reply having done the first post here in 2015. I quit this share a couple of years ago. One thing you notice with these high yielders is that eventually something negative will happen, either the yield is cut or the company assets shrink. The share price is about a quarter down from where it was in 2015.

It is a similar story across other shares I've held for high yield and as a result I've come to appreciate the views of Terry Smith, that holding for yield is nuts and you should go for growth and skim some off if you want to take an income.

I still hold a few income shares where I expect a little growth, like HFEL and BATS, but I wouldn't buy this again.
Posted at 13/4/2021 08:38 by fidra
Anyone else in this share .

I see it near the top of the dividend list.

Have to say from reading the 72pages it looks filled with data and complicated to me.

However the dividend is good .
Blackstone Loan Financing share price data is direct from the London Stock Exchange

Blackstone Loan Financing Frequently Asked Questions (FAQ)

What is the current Blackstone Loan Financing share price?
The current share price of Blackstone Loan Financing is 0.749 â‚¬
How many Blackstone Loan Financing shares are in issue?
Blackstone Loan Financing has 442,738,903 shares in issue
What is the market cap of Blackstone Loan Financing?
The market capitalisation of Blackstone Loan Financing is EUR 331.61M
What is the 1 year trading range for Blackstone Loan Financing share price?
Blackstone Loan Financing has traded in the range of 0.565 â‚¬ to 0.779 â‚¬ during the past year
What is the PE ratio of Blackstone Loan Financing?
The price to earnings ratio of Blackstone Loan Financing is 5.59
What is the cash to sales ratio of Blackstone Loan Financing?
The cash to sales ratio of Blackstone Loan Financing is 5.41
What is the reporting currency for Blackstone Loan Financing?
Blackstone Loan Financing reports financial results in EUR
What is the latest annual turnover for Blackstone Loan Financing?
The latest annual turnover of Blackstone Loan Financing is EUR 61.38M
What is the latest annual profit for Blackstone Loan Financing?
The latest annual profit of Blackstone Loan Financing is EUR 59.35M
What is the registered address of Blackstone Loan Financing?
The registered address for Blackstone Loan Financing is IFC 1, THE ESPLANADE, ST HELIER, JERSEY, JE1 4BP
What is the Blackstone Loan Financing website address?
The website address for Blackstone Loan Financing is www.blackstone.com/fund/bglfln-blackstone-loan-financing-limited
Which industry sector does Blackstone Loan Financing operate in?
Blackstone Loan Financing operates in the FINANCE SERVICES sector