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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Nb Global Monthly Income Fund Limited | LSE:NBMI | London | Ordinary Share | GG00BQT33Y66 | RED ORD SHS NPV � |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 57.50 | 0.00 | 01:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 57.50 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 02/7/2024 | 08:00 | UK RNS | London Stock Exchange Notice Cancellation - NB Global Monthly Income Fund.. |
| 01/7/2024 | 18:00 | UK RNS | NB Global Monthly Income Fund Ltd Net Asset Value(s) |
| 01/7/2024 | 11:44 | UK RNS | NB Global Monthly Income Fund Ltd Results of the EGM and Company Update |
| 01/7/2024 | 10:26 | ALNC |  TRADING UPDATES: Harland & Wolff expects to post 2023 revenue climb |
| 28/6/2024 | 18:00 | UK RNS | NB Global Monthly Income Fund Ltd Net Asset Value(s) |
| 27/6/2024 | 18:00 | UK RNS | NB Global Monthly Income Fund Ltd Net Asset Value(s) |
| 26/6/2024 | 18:00 | UK RNS | NB Global Monthly Income Fund Ltd Net Asset Value(s) |
| 26/6/2024 | 10:15 | UK RNS | NB Global Monthly Income Fund Ltd Holding(s) in Company |
| 25/6/2024 | 18:00 | UK RNS | NB Global Monthly Income Fund Ltd Net Asset Value(s) |
| 24/6/2024 | 18:00 | UK RNS | NB Global Monthly Income Fund Ltd Net Asset Value(s) |
Nb Global Monthly Income (NBMI) Share Charts1 Year Nb Global Monthly Income Chart |
|
1 Month Nb Global Monthly Income Chart |
Intraday Nb Global Monthly Income Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 03/10/2024 | 10:39 | NBMI Global High Yield Bond Fund | 115 |
| 11/8/2021 | 09:47 | NBMI monthly income - Now trading at 15% to NAV. Director buys 20,000 | 17 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
|---|
Posted at 17/4/2024 11:10 by cc2014 At the end of the day the fund got away over 90% of it's assets at NAV in the high 70's or low 80's. Plus for most of that time there was a dividend paid of around 10% as well.Even if holders have to take a haircut over the last few percent they will still have done alright if they bought at sensible prices. I think it's 93% I read somewhere that they got away at NAV. Selling today in the market would only represent a haircut of 35% on the last 7%. Not too shabby. That may or may not work out better than holding on as the cost of running the fund is now more than the income being generated and there costs to come yet. Liquidators are never cheap, plus audit costs plus the costs of running a slimmed down Board. It all depends on what the holdings they have left are worth. I guess that if they haven't sold them in 15 months then they've got a problem selling them and realistically they aren't worth NAV unless you run them to maturity but even then there is no guarantee of repayment and you're back to a long tail of running costs, which would unacceptable so that implies share dematerialisation which is a problem if you've got them in an ISA or SIPP. |
Posted at 17/4/2024 09:32 by nickwild cash minus debts = 48p per share |
Posted at 17/4/2024 08:15 by jaf111 ….and now we see why……“The remaining NAV of approximately $12.4 million consists of $5.6 million of cash, $1.5 million sales awaiting settlement and $6.1 million in ten discrete investments less $0.8 million of liabilities as at 15 April 2024. The remaining investments have very limited liquidity and the Board cannot accurately determine when or how much they can be realised for.” I do slightly struggle with this….surely everything has a price….so the company needs to adopt a more prudent valuation on the illiquid assets…… |
Posted at 20/3/2024 18:09 by jaf111 Out of NBMI this morning….its been a successful ride with the various redemptions. Credit to the mgmt team for keeping NAV stable.Will continue to monitor but would be a little alarmed by last couple of NAV figures….78.34 on Monday, 77.07 yesterday & 76.07 today. GLA |
Posted at 20/2/2024 08:04 by jaf111 Looks like the penultimate payout…..NAV has held up really well so continue to be surprised / amazed by the wide discount in SP….Added to my holding again first thing since price hardly risen 🤞 |
Posted at 26/1/2024 08:58 by cc2014 I suspect some of the remaining investments do not have daily price discovery.Indeed given we are down to about 30 investments now and presumably they are the less liquid ones as that's what left after selling down 80% of the fund, I guess some of them may not even have weekly price discovery. So, I guess we should expect the NAV to move around more erratically. I wonder whether the NAV rise simply reflects catch in NAV from the 90 basis point fall in 10 year gilts. That would make sense. |
Posted at 06/11/2023 20:24 by nickwild Be interesting to see what share price does tomorrow.I have always felt this would end in January as the market cap will be down to about £36 million after the redemption on the 13th November. Therefore the costs for 2024 should not be anywhere near the worst case scenario they have outlined (assuming they don't rip us off. |
Posted at 16/10/2023 10:30 by flyer61 Disagree, i'm expecting another dividend. Was always concerned the NAV might turn sour here however it has held up well probably helped by dollar strength and the manager doing a decent job.Shame it is closing as i liked it. Having gone through AXI, now this and HDIV to come my world is shrinking! At £50M It is getting small but a penny a share in November would be my bet! |
Posted at 16/10/2023 10:13 by nickwild Value of NBMI now between 50 and 70 million pounds. Not sure if divi will be paid but ex divi due end this month and payment mid November.Likely further buyback mid November and one more final buyback/closure in new year. I think they will be anxious to close fund as value getting very low and management costs and hassle significant. |
Posted at 16/10/2023 09:08 by jaf111 Another divi announcement due shortly….last payout was more generous than I was expecting so fingers crossed for a similar payout this time 🤞And also hopefully another return of capital not too far off NAV remains stable at around 80p so nice discount with share price around 73p |
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