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Share Name | Share Symbol | Market | Stock Type |
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Slf Realisation Fund Limited | SLFR | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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1.255 | 1.255 |
Industry Sector |
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EQUITY INVESTMENT INSTRUMENTS |
Top Posts |
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Posted at 19/11/2024 11:28 by chucko1 Although Miller's consultancy fees run to £300k per annum (reasonable, in my view), spread over both SLFR and X it is reasonably tolerable - say for 18 months. One hopes the other costs relating to listing and associated regulation will take a sizeable cut. In any event, Miller's fees aside, at least one can be confident that all interests are pretty well aligned.Well, once the lights go out on December 27th, we will see what the hibernation brings forth. |
Posted at 18/11/2024 19:42 by chucko1 CousinIT, it's a bit hit and miss, but I persevere and leave orders if I cannot transact there and then. Why some get filled and some do not is something I am not an expert in. But it's the same with other shares, so it is not as though HL are especially "bad" re. SLFR/X.I was trying to lift the 1.25 offer in 200k, but that did not occur. No clue why. How Miller is getting all his fills at just over 1 (or even under) is a mystery to me. Someone who knows the intricacies of the LSE might be able to add to the body of knowledge! |
Posted at 29/12/2023 12:03 by wilwak There’s certainly a big buyer of Ords at the moment. Liquidity is amazing. Probably an insider that knows something we don’t?In the past I’d not even been able to sell 10,000 shares! I’ve done incredibly well on these shares and have grabbed the opportunity to sell all my 2m shares at 2.4p this morning. So I’m done. Knowing the history of SLFR there could be a big surprise coming for shareholders either one way or the other. They still have the AD assets that could be sold as a block to another fund or investor. They could give a bumper return. I hope it’s a profitable ride ahead for remaining investors. Feeling a little relieved to obtain a total exit. No regrets on this one. |
Posted at 20/12/2023 12:39 by 2wild Last Thursday following Ex return sold 35,000 and received 1,185.94 after costs. This morning purchased 50,000 with two traits at 2.02p, paying £1,018 after commission.Another realisation announced today receiving 800,000, 33% discount to book. As SLFR was trading on around 60% discount yesterday, this is actually positive news. The Madness continues. |
Posted at 08/12/2023 13:29 by chucko1 It's highly notable the extent of what is going on with the Ords. But fundamental analysis in the short term has not been a main driver of either share class in recent times. There has been wholesale selling of BOTH classes by a fund in equal proportions, often soaking up any buying. That does not appear to be present now as the Ords have been flying whereas the C have been becalmed. Clearly, the 1.5p return on the Ords ONLY is a massive thing, although no one can fully explain where that money really came from.Bizarre is normal for SLFR, though. I still see 5p as the likely minimum return on the Cs, and therefore a further 25%. Bought 100k this morning. 6p is also quite possible but there is a limit to how much I am prepared to bet on a helicopter. |
Posted at 27/11/2023 19:15 by 2wild Thanks chucko1. I last added to Cs back in early October at 4.0p and some more late October at 3.9p. Despite rising 15% from the recent low, I think GAVI is better value compared to SLFx.GABI at 60.2p: Dividend yield 10.5% paid quarterly. Discount to NAV 35% No new loans for now. Redemptions going into reducing Vank debt and buying back own shares. Continuation vote in six months. Lower risk. |
Posted at 27/11/2023 12:09 by 2wild Sold 50,000 ords this morning with two trades at 3.311p and 3.411p. This leads me with 225,000 which will have a negative carrying value after next month's dividend payment. Plus 170, 000 Cs which already have a negative carrying value after previous dividends and trading profits. |
Posted at 26/11/2023 14:41 by chucko1 I find that unlikely, as this would require a Board meeting - something likely requiring a number of a days to convene. And if a helicopter deal was close, I reckon they would not have announced anything on the Ords at t his stage.But with SLFR/X, logic is not abundant. That said, therein has lay (lied?) the value. |
Posted at 19/7/2023 17:03 by chucko1 The raison d'ĂȘtre of SLFR is the repayment of loans associated with the ADs or the French glass company.This is a tiddler by comparison and was generally expected to make full repayment. The only reason it is 1/6th of the share price is that the rest is at a tremendous implied discount. The triviality of this repayment can be associated with the triviality of the movement in the share price today. The Cs moved the same amount, as it happens, so this could even be associated more with the low core CPI print. |
Posted at 02/10/2022 11:16 by ctrader3 I've updated the thread for SLFR (KKVL) for the ordinaryshares only. |
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