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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| SLF Realisation Fund Limited | LSE:KKVL | London | Ordinary Share | Ordinary Shares |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 12.30 | 0.00 | 00:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 12.30 | 13.15 | ||||
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 12.30 | GBP |
SLF Realisation (KKVL) Share Charts1 Year SLF Realisation Chart |
|
1 Month SLF Realisation Chart |
Intraday SLF Realisation Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 07/6/2023 | 07:22 | KKVL with Charts and News | 1,035 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
|---|
Posted at 02/5/2023 08:24 by wilwak Reddirish…. Or even less.Ord Share looking very weak today. An interesting punt for the brave. |
Posted at 31/3/2023 14:15 by reddirish Yes, we holders of the Ords have indeed needed something akin to divine help over these troubled years. From today's accounts, I'd estimate there is a high probability of a minimum of 2p per share remaining after the coming distribution, which is reflected in the share price, and with a following wind (and a helpful French government unwilling to see a certain manufacturer of glassware go to the wall) maybe up to 6p. I 'only' need 1p more to turn a gain on this sorry tale of mismanagement, which a while ago would have thought needed a...miracle? |
Posted at 29/3/2023 05:57 by spectoacc Agreed @wilwak, tho aa @chucko1 says, KKVL/SLFX have form here. Recall the NAV statement saying all's well, followed by a catastrophic update about a week later, followed by months of silence.Then the vast write-downs, which turned out to be largely uneccessary. Agree two RNS in a day, bad then good (better than other way around?) can be added to that list. |
Posted at 27/3/2023 17:05 by wilwak Well …… two announcements on the same day..First one in the morning pretty negative and provoked some selling and a reduction in the ordinary share price Then in the afternoon a positive announcement about a strong dividend including a magic extra £3m of funds causing buying and a increase in the share price. Seems a little improper to me. Will we see tomorrow that any insiders bought on the dip? I actually reduced my holding a little after the first announcement. Not something I’d have done if I’d known about the second announcement. One single announcement would have been better! |
Posted at 27/3/2023 12:31 by chucko1 Precisely. This may be why we heard nothing on a C payout. Likely we now will, and in pretty short order.If the Cs remain offered (not tradable) at 7.5 (I bought at 7.6 earlier in a few) - I expect 3.5p of capital return, upon which they "ought to be" 4.5p. I see the remaining NAV at around 8.5p, perhaps a touch higher - so a circa 50% discount. These loans continue to perform and even if they blow up in a few months, the recovery value + interest + amortisation is likely worth a fair bit more than 50% given the nature of the underlying. In contrast, the ADs were really equities from the get-go. A zero result (or not far from) is not extraordinary. What was extraordinary was to think the Cs were ever worth the price they once fell to, given the reality of the payment streams which were still being paid, and in plain sight. From here, it is not impossible to lose money on the Cs, but you would be really, really unlucky. To make money on the Ords, even at this price, you would actually have to be moderately fortunate, IMO. As it stands I have no Ords, and an increasing number of Cs. 7 figures+ |
Posted at 27/3/2023 09:53 by wilwak Yes a very disappointing announcement this morning but there’s no guarantee that the remaining assets will mirror that.I don’t think Brett is a fool…… There could still be better news coming. The O’s really are a total punt. This sale should generate a 2p pay out so another nibble away at getting the current share price back. |
Posted at 19/2/2023 10:17 by wilwak I hold both classes and recently bought more following Brett Miller buying both classes in December. He is running the whole wind-up and is very experienced and has a successful history in similar situations.I feel the C’s at the current share price are a safe bet and offer up to a 50% return from here with very little risk of a downside on the current share price. The Ords are far more uncertain but could generate a bumper return if the right buyer can be found. The AD assets have been written down so hard and the shares trade at a 50% discount to that written down value. The Ords do have a risk of being a total loss but also carry the chance of a 100-200% return on the current share price. Do we feel lucky? |
Posted at 17/2/2023 15:44 by chucko1 This one is worth concentrating on as there is a very diminished set of variables now. Of course, one could well blow up, but my point is that you can take the temperature of each of them fairly often.At a 50% discount to a solid NAV, I feel this compares really strongly with any near (or far, for that matter) alternative. It's worth recalling that the Cs once traded at 35p and you could have bought many at about a 40p average. It has returned 66.5p in capital with a remaining 12p NAV. The NAV was originally written down to about 76p once the auditors imposed FRS9 on its portfolios. The point is that this share has suffered from panic and misunderstanding right from that moment. Given what happened to the Ords portfolio, one can understand this, but for the Cs, there was extreme value hiding in plain sight. I think there still is, albeit with a small remaining number of loans, and so, statistically, bad luck is a little more likely. That said, the amortisations, NAV statements and capital repayments continue to suggest all is well. I think that returning 9-10p versus the current share price of 7.5p (or so) is not a tough or unreasonable "hope". I expect to average out around the 10p mark, keeping some for the whole journey! (reserving the right to change this based on new information and liquidity concerns). |
Posted at 13/7/2022 09:50 by andy246 No chance of the share price recovering to close to NAV.However, you will recover above the current share price as the loans are repaid and dividends paid out to shareholders. The share price will always be below par in a liquidation scenario. |
Posted at 12/7/2022 06:16 by ctrader3 Ordinary Shares:As at 31 March 2022, the unaudited estimated NAV was £63.09m or 17.72 pence per Ordinary Share. The Board of Directors of SLF Realisation Fund Limited is pleased to announce that it has resolved to return an amount of 1 pence per share to Ordinary Shareholders, being £3.6m based on the current number of shares in issue The Board of Directors of SLF Realisation Fund Limited is pleased to announce that it has resolved to return an amount of 1 pence per share to Ordinary Shareholders, being £3.6m based on the current number of shares in issue ---- if we assume the next return of capital will be 1p/3.6mill the next asset value will be £52 mill a NAV of 14.7p. IF after the next return of capital the share price is reduced by the 2p, the share price will be 4p against a NAV of 14.7p, even allowing for some more deductions to the NAV a share not to be sold. |
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