Share Name Share Symbol Market Type Share ISIN Share Description
Ceiba Investments Limited LSE:CBA London Ordinary Share GG00BFMDJH11 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 86.00 82.00 90.00 86.00 86.00 86.00 0.00 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 16.2 1.5 4.5 20.2 118

Ceiba Investments Share Discussion Threads

Chat Pages: 1
Aberdeen; To finalize the construction of a 400 room beachfront hotel, Melia Trinidad Peninsula, CEIBA investments is looking to issue a 5 Year Convertible Bond with a 10% Coupon Raise 20M EUR Interest at 10% per annum, paid quarterly Debt instrument to be listed on The International Securities Exchange (TISE), Guernsey Closing date of 31 March 2021 (single drawdown)
Optimistic! I bought a v few in the summer because I thought it looked v cheap even if Biden didn't win. The nav is very conservative and the balance sheet is strong. The div will get resumed at some point. It is a fairly unique vehicle. One day Cuba will come good and CBA will do very nicely. Worth noting that HAST (in run down) held a decent stake which is still to be sold. So an overhang. Although perhaps there are instis out there who fancy some Cuba and that's why the board are seeking share issuance approval.
Hi, ram - I haven't looked since Trump blanked Cuba, so thanks for the reminder posts. What comes after "realistic" then "hopeful"?
Citywire: If you need a wide discount to tempt you to frontier markets, Ceiba Investment (CBA), a £131 million Cuban property fund investing in hotels and offices on the Caribbean island, is available at 19% below NAV, which compares to the 16% one-year average and gives it a Z-score of -2.2. Last year the fund’s long-standing investment team led by Sebastiaan Berger joined Aberdeen Standard Investments and in October raised £30 million listing on the London Stock Exchange. At the end of January it reported it had deployed the new money, repaying a bridging loan, investing in the merger of two hotel companies and contributed to the financing of the construction of a new 400-room hotel. It yields 4.7% and pays one dividend a year. Latest quote was 92-98, no trades. A trap, I guess.
60th anniversary of revolution. Castro criticises US (ie. Trump) for confrontational policies. New constitution announced. Cuban youth anxious for change. Https:// Https:// Https:// Too early, I think, to declare "opportunity beckons", but NAV is around 120p (USD-denominated) and assets are mainly JVs in luxury tourist hotels. 4% yield mooted. Management fee 1.5% of nav. High but fairly typical of "specialist" funds.
. Http:// . Aims to provide a regular and attractive level of income return together with the potential for long term income and capital growth from investing in Cuban real estate and other assets directly related to Cuba.
Chat Pages: 1
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