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
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.
The more boring, the better on this one. In fact, a whole 108.5p of boredom.
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:// hTtps://
I will take a look chunky
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.
Chat Pages: 1
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