Nb Global Monthly Income Share Discussion Threads

[jaf111] 15/6/2023 07:46

…and a third return of capital / payout announced 👍

79.35p is lower than last 2 redemptions but doesn’t take account of 1.48p divi paid in May….so am pretty happy😀

[marktime1231] 13/6/2023 10:43

After two full-value distributions I have cashed this morning at what looks about a 6-7% discount to NAV. Distributing the remainder must be getting harder and it is not clear where residual NAV is heading.

[jaf111] 01/6/2023 19:16

Money in my II account yesterday…..

[nickwild] 01/6/2023 11:33

anybody got their payment yet?

[cc2014] 26/5/2023 15:03

I suspect it could be because the KID has to be relinked as NMBI has a new LSE code after the share redemption a few days ago. Trying giving them a ring.

[jaf111] 26/5/2023 14:52

Re brokers….Very strange that I can’t buy with II on the basis that I already own with my most recent purchase being at the end of last month……all very tedious!!!!

[mesb48] 18/5/2023 15:26

probably selling the easy stuff first?

in any event, when I've tried to buy I can't because the brokers (ii and HL) don't have the KIID on file, anyone have better luck with a different broker?

[flyer61] 17/5/2023 07:17

Recapitalisation today - monies due 31 May.

Wonder if they will do it early like last time.

[cc2014] 03/5/2023 11:46

It does seem to be slowly crawling up. Most of the trades are buys.

[cc2014] 02/5/2023 11:36

In just a few months NBMI have managed to sell 40% of the portfolio at decent prices

I see no reason why they won't continue to achieve decent prices.

To me it looks cheap but I would say that.

[charlotte2020] 01/5/2023 18:49

Depends on the value on the other assets they haven't sold yet. Would appear they have achieved reasonable prices for the better quality loan book but then what is left may not be of the same quality and liquidity. That said we have received more cash back far quicker than I thought at the outset

[iain123] 01/5/2023 12:40

Me neither - should the price not have jumped up to 80P?

[jaf111] 28/4/2023 22:35

Despite the news share price unmoved…..I don’t really understand….

[cc2014] 28/4/2023 14:01

More cash being returned in May at 80.22p,

Lovely jubbly.

[marktime1231] 03/3/2023 11:54

Would it be daft to reinvest the approx 20% capital distribution in to buying more NBMI stock?

[kamakazee] 27/2/2023 11:31

Thanks for the info

[melody9999] 27/2/2023 11:21

Kama - when a company pays a divi, the number of shares remains the same but the company has less cash.
Here the company is making a payment so has less cash, but there are also less shares so the valuation should be unaffected.

[tiltonboy] 27/2/2023 10:22

The share price shouldn't move. You will just have less shares

[kamakazee] 27/2/2023 08:44

Hi thanks, does that mean the share price will drop on that day like a ex div date?

[jaf111] 27/2/2023 08:32

Essentially NBMI will buy just under 20% of your shareholding and you will receive 81p a share

To be paid by end of March but need to be shareholder on 14th March………

[kamakazee] 27/2/2023 08:27

Hi, could you please explain what that rns is about this morning I don't really understand it? Thanks

[jaf111] 27/2/2023 08:19

Good to see the news this morning regarding the first capital return following decision to wind down the company last Nov….