Gcp Asset Backed Income Share Chat (GABI)

Share Name Share Symbol Market Type Share ISIN Share Description
Gcp Asset Backed Income Fund Limited LSE:GABI London Ordinary Share JE00BYXX8B08 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 108.00p 108.00p 108.50p 108.00p 108.00p 108.00p 132,874 08:45:37
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 27.1 21.6 7.3 14.9 476

Gcp Asset Backed Income Share Discussion Threads

Chat Pages: 1
DateSubjectAuthorDiscuss
28/5/2019
16:43		Can anyone please explain the statement that the GABI fund managers repeat every time that they instigate an equity fund-raising round, namely "to take advantage of a pipeline of attractive investment opportunities which have been identified by Gravis Capital Management Limited (the "Investment Manager"). " Now if these investment opportunities were really attractive, then by now we would have seen NAV increase by a reasonable amount. The NAV has been around 100.5-102 for 3 years. I don't see the benefit to current shareholders for the management to charge and incur fees in order for them to find us other investments that will return us about 5.8% p.a. In other words, we are currently receiving 5.8%pa and the expanded shareholder base/new shares will also yield 5.8%pa. So what's the point? As shareholders we are no better off, but it probably benefits the management who can charge more fees on a larger figure of Assets Under Management.
apollocreed1
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13/4/2019
22:12		The more boring, the better on this one. In fact, a whole 108.5p of boredom.
chucko1
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13/4/2019
20:41		Very boring, but has delivered on its promises and avoided any of the "incidents and accidents" which so many of the alternative income funds have had. htTps://www.graviscapital.com/funds/gcp-asset-backed/literature hTtps://www.graviscapital.com/uploads/regulatory-documents/GCP-Asset-Backed-Ord-KID-31-December-2018.pdf
rambutan2
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08/3/2019
18:10		I will take a look chunky
elcapital2018
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08/3/2019
18:09		Is there anybody out there? I like this - diversification and stability. So long as IR stays low this will just keep plugging away. Mainly inflation-linked in any event.
chucko1
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