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QIF Qatar

0.86
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Qatar Investment Investors - QIF

Qatar Investment Investors - QIF

Share Name Share Symbol Market Stock Type
Qatar QIF London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.86 01:00:00
Open Price Low Price High Price Close Price Previous Close
0.86 0.86
more quote information »

Top Investor Posts

Top Posts
Posted at 20/10/2012 08:40 by topvest
Odd fund this one. I'm a holder as it's the only UK listed Qatar fund. Qatar has to be one of the most attractive investment opportunities in the globe given the high growth, high dividend yield, low valuation combination of the portfolio.

This fund could be much more successful in my opinion. Rather than the 20% tender offer wouldn't it have been better for the board to have negotiated a TER reduction from 2 to 1.5% as the costs are still higher than they should be.

A naughty point is that the voting forms for the discontinuation vote had no paid postage, for obvious reasons. There is no need to act in that way. I'm happy to stay invested, but the Board could do more to keep investors happy imo.

City of London Investment Management Group hold 30% of the shares, so I suspect they have pushed for the tender offer. Not logical to sell shares in Doha listed companies at the moment imo given their valuations:

12 P/E of 10, 13 P/E of 9
Dividend yield 5-6%
ROEs of 20%
IMF projected growth of 6% in 2012

Cheap!
+ Qatar may well be switched from Frontier to Emerging Markets status soon.
Posted at 22/6/2011 00:29 by rambutan2
Qatar Investment Fund plc is pleased to announce that as of 8.00 am today (13/05/11) its shares are now traded on the Main Market of the London Stock Exchange. The listing transferred from AIM where the shares have traded since launch in July 2007.

Welcoming the move to the Main Market, David von Simson, Chairman, said:
"Qatar Investment Fund has come of age. The move to the main market of the London Stock Exchange will widen the pool of potential investors and should increase liquidity as well as strengthen our profile.

"We've completed the series of changes we embarked upon some months ago: the investing policy now gives greater flexibility, the new name better reflects the purpose of the company and the move to the Main Market enhances its standing and attractions to investors.

"At a time of volatility in frontier markets, Qatar stands out as a prosperous, well managed and fast growing economy. The unemployment rate is 0.5%. The IMF calculates that Qatar leads the world with GDP per capita of over $75,000 and forecasts Qatar nominal GDP will grow 26% in 2011, making it the fastest growing economy in the world.

"The Qatar Investment Fund offers investors exposure via an investment company listed in London, with the investment adviser based on the ground in Doha, Qatar."
On Admission to the Main Market there were 233,521,162 ordinary shares and 34,271,000 warrants in issue.

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