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Share Name Share Symbol Market Type Share ISIN Share Description
Fair Oaks Income Limited LSE:FAIR London Ordinary Share GG00BNNLWT35 2021 SHS NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 0.67 0.65 0.69 0.67 0.665 0.67 11,862 08:00:21
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 -27.0 -5.8 - 313

Fair Oaks Income Share Discussion Threads

Showing 351 to 375 of 375 messages
Chat Pages: 15  14  13  12  11  10  9  8  7  6  5  4  Older
DateSubjectAuthorDiscuss
16/6/2021
13:01
I agree Cerrito, they are sailing a fair wind well: hTtps://www.fairoaksincome.com/~/media/Files/F/Fair-Oaks-IF/Fair%20Oaks%20Income%20Fund%20-%20May%202021%20amended.pdf
rambutan2
16/6/2021
10:59
I thought that the NAV for May as reported today was impressive but the market seems to have a different take.
cerrito
29/4/2021
12:56
Thanks for that. Just phoned AJ Bell something wrong with their system , showing the wrong holding. Said they hope to put it into Fair 2021 in the next few days.
caternia
29/4/2021
12:42
FA17 are the default realisation shares - they should be converted to FAIR 2021 shares very soon. Interactive Investor changed mine last Friday. The only problem now is that you can't buy any shares until the new KID is issued - you can sell.
scrwal
29/4/2021
11:24
Thanks for that. I see A J Bell have put me in FA17 - does anyone know was that the default account. Thanks
caternia
26/4/2021
07:48
Caternia, sorry to hear you feel that you made a mistake. Your overall position will depend on timing and price paid. I first bought FAIR early in 2015 at 105.3c. Dividends since then 42.71c so just about break even at todays price. Other buying points have been a lot better, down to a lowest price paid of 48.53c in September 2020. I think the lesson isn't so much as don't chase high dividends but keep an eye on all your investments over time.
grahamg8
23/4/2021
16:35
Just spoke to A J Bell, advised the default position was transferred to the 2021 shares. They said will take a few days to transfer over.
caternia
23/4/2021
15:21
Afraid to say, I have not kept an eye on this stock. I am looking at a 40% loss on these shares , although I have not taken into consideration the income I have received. I have 2 questions which I hope someone can answer. 1. As I have Fair shares and did not buy the new ones will Fair continue or will the company just redeem my shares ( if so what price) 2. If Fair continues will I still get dividends and be able to sell. I now realise that Fair and KKVL were big mistakes as I wrongly chased big dividends. Thanks for your help
caternia
23/4/2021
13:54
Holding now showing correctly as the 2021 shares and FAIR. Unfortunately you can't buy them as no KID/KIID document is available yet. You can sell them though.
scrwal
22/4/2021
18:34
ii have responded that the new shares won't be issued to them until 26th April and when received they will be credited to my account and the 2017 shares removed.
scrwal
22/4/2021
13:28
ii seem to have mucked up my holding as it is now showing as realisation shares even though I completed the corporate action to have the 2021 shares. The holding has a code FA17 there are no other codes for the company. The shares are showing a 7% loss.
scrwal
19/4/2021
18:55
Although resolution 1 and 2 got through there was quite a big vote against. I'm guessing the opposition to resolution 3 was based on the drag such a large number of potential new shares would have on our new 2021 share price, or old 2017 shares for that matter. The bosses need to be reminded from time to time that they are servants of the shareholders and not the other way round.
grahamg8
19/4/2021
09:59
Did anyone take the realizatioin share option? I did not. The point that they made in the prospectus about illiquidity of these shares was correct. I went for the realization shares the last time this happened and with all the part realizations it was rather cumbersome. We should learn later today if indeed there was enough demand for the realization shares. I pondered in rather a vague way about buying more but as a £ investor decided I had enough US$ exposure,
cerrito
29/3/2021
08:01
Sorry about the double post, for some reason ADVFN won't let me delete the text. As expected another roll over into longer dated shares. I was very suspicious of this last time (2014 shares) but it all seemed to work perfectly fairly. We just need to keep track of what will for a while be three lots of shares in circulation: 2017 shares, 2021 shares and C shares. Also confirmation that the norm now is quarterly dividends. Looking forward to the next one in May.
grahamg8
29/3/2021
08:01
As expected another roll over into longer dated shares. I was very suspicious of this last time (2014 shares) but it all seemed to work perfectly fairly. We just need to keep track of what will for a while be three lots of shares in circulation: 2017 shares, 2021 shares and C shares. Also confirmation that the norm now is quarterly dividends. Looking forward to the next one in May.
grahamg8
11/3/2021
07:38
NAV is actually down. What they don't explain is that the 2.5c dividend has been taken off the previous months NAV before working out the change. Poor communication rather than devious to not tell us how the figures were worked out. Stellar performance is slowing but still very healthy and looks to be enough for the next quarter dividend of 2c to 3c.
grahamg8
18/2/2021
10:24
Liberum; Event Fair Oaks Income Fund's NAV per share at 31 January 2021 was $0.664, representing a 5.3% NAV total return in the month. January's NAV performance benefited from upward revaluations in certain investments with short reinvestment periods. Rising loan prices have increased the liquidation NAV for the equity tranche holders. There is further potential upside for these positions from refi/reset activity. Loan markets were broadly positive in January, with returns of 1.2% in the US and 1.0% in Europe. Loan prices have benefited from rising demand from retail inflows into US loans funds as investors seek floating rate exposure due to a steepening yield curve. 12-month trailing default rates have continued to decline and are now 3.4% in the US (previously 3.8%) and 2.1% in Europe (previously 2.6%). CLO spreads on new issues have compressed further in January. AAA US and EU new issue spreads fell to 1.15% and 0.87% at the end of January compared to 1.32% and 1.06% in the prior month. The positive environment should create opportunities for CLO equity holders to refinance or reset the CLO liabilities at more attractive levels. Master Fund II is nearing the end of its investment period. As previously indicated, FAIR will offer shareholders the opportunity to participate in a new share class that will invest in a new Master Fund, similar to the approach taken by the fund in 2017. The new Master Fund will reinvest principal receipts received from the current Master Fund in a new pool of assets, with a fixed investment period and maturity. Liberum view The tightening of CLO liability spreads is set to continue as investment demand strengthens. In combination with improving fundamentals (lower default rates, rising OC test cushions), the environment for CLO equity and mezzanine returns remains very favourable. Significant refinancing activity is expected in 2021. Equity tranches should benefit from a lower cost of capital, resulting in higher expected IRRs. Debt tranches also offer upside through repayment at par and we note several of FAIR's CLO debt tranches experienced large price increases during January. FAIR's flexible mandate leaves it well-placed to capitalise on relative value opportunities across CLO structures.
davebowler
09/2/2021
17:33
Davebowler, I have just seen your 478 on the VTA thread covering Liberum on Fair.. A forecast for a 26pc NAV increase caught my eye noting the decent December 20 NAV performance although that the buy price today at 65 is higher than the 311220 NAV. My question to myself is as a £ investor at these exchange rates do I want more US$ assets.
cerrito
02/2/2021
07:40
13 November 2020 post 142: Biden stimulus package - check, Covid vaccine - check, more income - 2.5c check, share price growth - check. The world has moved on a long way in 10 weeks and FAIR seems to have stabilised which is great news. I'm particularly pleased with the reference to 'quarterly' dividend. That sounds like a lot of confidence going forward, even if the size of the dividend may be a bit lumpy.
grahamg8
14/12/2020
21:10
As at the close of business on 30 November 2020 the estimated unaudited Net Asset Value of the Company's Shares was as follows: Fund Name: Fair Oaks Income Limited NAV 2017 Shares USD: 0.5877 Monthly Performance: 6.95%
rambutan2
27/11/2020
17:31
NASA started assembling the SLS rocket on 19 November. The biggest in the world (of course), just about matched by the FAIR share price with a bit of luck.
grahamg8
17/11/2020
14:22
600k at 57c a chunky punt by somebody.
spectoacc
13/11/2020
07:39
Historically the share price has followed the NAV very closely. The link was broken in roughly November 2019 but is much closer now although still lagging by a few %. My point being that if the NAV keeps going up or even stabilises the share price lag will eventually follow. Biden is tipped to launch a major stimulus package which should reduce the risk of loan defaults, plus with the prospect of a Covid vaccine we should be looking for more income and capital growth. Nice.
grahamg8
13/11/2020
07:20
+4.65% the next in the series of 2 posts above. So still gaining, and by more than even a qtly XD in a month.
spectoacc
05/11/2020
14:25
No move on 2.2c XD, but not unreasonable considering the rate they're earning.
spectoacc
Chat Pages: 15  14  13  12  11  10  9  8  7  6  5  4  Older
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