ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

TFG Tetragon Financial Group Limited

15.95
1.00 (6.69%)
10 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tetragon Financial Group Limited LSE:TFG London Ordinary Share GG00B1RMC548 ORD USD0.001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.00 6.69% 15.95 15.60 16.30 15.95 14.95 14.95 52,979 13:34:50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Trust,ex Ed,religious,charty 240.7M 141.1M 1.6163 9.87 1.31B
Tetragon Financial Group Limited is listed in the Trust,ex Ed,religious,charty sector of the London Stock Exchange with ticker TFG. The last closing price for Tetragon Financial was US$14.95. Over the last year, Tetragon Financial shares have traded in a share price range of US$ 9.65 to US$ 15.95.

Tetragon Financial currently has 87,300,000 shares in issue. The market capitalisation of Tetragon Financial is US$1.31 billion. Tetragon Financial has a price to earnings ratio (PE ratio) of 9.87.

Tetragon Financial Share Discussion Threads

Showing 851 to 874 of 875 messages
Chat Pages: 35  34  33  32  31  30  29  28  27  26  25  24  Older
DateSubjectAuthorDiscuss
10/1/2025
16:04
Possible news on the Equitix stake sale...?
chrisdgb
10/1/2025
15:54
Wow massive volume for TFG today , pushing price up to U$16 , any idea what is driving the Share Price .
bench2
23/12/2024
17:41
Do you have any data on golden share companies?
f56
19/12/2024
11:23
Straightforward yes but your argument completely ignores Tetragon's structural/governance deficiencies the most pertinent one of which is the lack of voting rights which essentially means management can do pretty much what they like for as long as they like. Because of this, and irrespective of the underlying assets, TFG deserves to trade at a meaningful discount.
houseofpain1
18/12/2024
16:39
Makinbuks

My argument is pretty straightforward.

3i trades at a significant premium to Tetragon and it only holds two of the asset classes that Tetragon holds. There is also a massive imbalance between the two asset classes that 3i holds.

Tetragon holds as many as six asset classes and there is much less of an imbalance between the asset classes that Tetragon holds. Tetragon should therefore be deemed to be a much safer investment as it it holds a much wider spread of investments.

But Tetragon, a longer term investment vehicle, is actually trading at a discount of 60%?

f56
13/12/2024
14:45
f56, not in the UK I'd venture. Care to share?
makinbuks
11/12/2024
08:23
Wonder if we will get any sale/deal news soon....?
chrisdgb
02/12/2024
19:20
There are similar companies to TFG that are trading at a premium.
f56
02/12/2024
12:11
Well its been a long wait but great to see this finally on the rise above pre COVID levels. And driven by NAV performance rather than a re-rating. Despite all the negatives discussed here many times, I think there will be something of a re-rating on top as it gets noticed through performance. Of course if it did realise some of Equitix and prove the NAV that would help
makinbuks
02/12/2024
12:01
One of the companies invested in, Banda Mining, has come off the highs but is up 170% ytd....
chrisdgb
02/12/2024
11:51
Driven simply by ATH Gold price or is there more to it?
makinbuks
02/12/2024
09:39
Hawke's Point has been on fire this year......
chrisdgb
08/11/2024
14:13
I believe that management fees are based on NAV [not share price] so directors have no interest in looking after shareholders. I hope any deal for Equitix gives full disclosure. This will tell whether the NAV is genuine or just invented to push up director's income.
Or am I just sore because I sold half my shares in last tender.

alpal2
08/11/2024
11:32
I've held these for yonks and am finally in a reasonable profit thanks to the recent announcement etc., but why is the discount always so gaping (now 61%). Is it simply a question of trust?
boystown
14/10/2024
09:04
Interesting.............

In the news today, Tetragon Financial Group (TFG LN/NA) is looking for buyers for its infrastructure business Equitix according to reports. Equitix has c.$14bn AUM and a suggested price tag of $1.5bn. TFG acquired the business for £160m back in 2014 and currently owns a 75% stake.

chrisdgb
17/4/2024
10:40
Have any tenderers actually been paid?
alpal2
08/12/2023
21:04
thanks for explanation alpal, so same as PIN. I should tender a bit lower than I do.

And agree it's strange to watch people selling 9.64 today!

apple53
24/11/2023
16:53
Is it true that you get what you bid in a Dutch auction, which I think is contrary to the PIN tender (when I think you got the strike price providing you were below)?
apple53
15/11/2023
18:27
Thanks for confirmation and I have also just received notification from II.But nothing from AJ Bell yet. I have been in this too long and may just get out breakeven at about $10.50. There are better opportunities elsewhere and I have already missed many better investments holding this. The management,especially that top guy at the helm, is not going to do much for the small PIs and nothing can be done about it as they have the golden share.
riskvsreward
15/11/2023
17:35
Even at $10.50 I'd be crystalizing a loss. I think at some point we'll get back to the pre COVID 40% discount level and in the meantime I'll take the dividends. I could be persuaded to sell out of boredom. I notice I've been saying this since 2021
makinbuks
15/11/2023
17:21
Yes I was notified today by HL and have until noon 5th Dec to make a decision
makinbuks
15/11/2023
17:02
Anyone has got tender offer notification from the broker yet? I am thinking of getting out of this at a tender price of $10.5
riskvsreward
03/11/2023
17:09
Tender offer via Dutch auction "at prices ranging from and including $8.75 up to and including $10.50 per share"
value hound
26/10/2023
06:43
Another decent sized tender......
chrisdgb
Chat Pages: 35  34  33  32  31  30  29  28  27  26  25  24  Older