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TFG Tetragon Financial Group Limited

10.30
0.00 (0.00%)
12 Jul 2024 - 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
  0.00 0.00% 10.30 10.10 10.50 10.30 10.30 10.30 0.00 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Trust,ex Ed,religious,charty 240.7M 141.1M 1.6163 6.37 899.19M
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$10.30. Over the last year, Tetragon Financial shares have traded in a share price range of US$ 9.65 to US$ 10.35.

Tetragon Financial currently has 87,300,000 shares in issue. The market capitalisation of Tetragon Financial is US$899.19 million. Tetragon Financial has a price to earnings ratio (PE ratio) of 6.37.

Tetragon Financial Share Discussion Threads

Showing 601 to 624 of 875 messages
Chat Pages: 35  34  33  32  31  30  29  28  27  26  25  24  Older
DateSubjectAuthorDiscuss
21/4/2021
16:27
Tetragon To Pay Ripple $3.4 Million In Legal Fees After Failed Lawsuit
Tue, 13 Apr 2021, 06:24 am UTC


I trust this is coming out the investment manager's pockets especially since they were laughed out of court.

hugepants
14/4/2021
12:15
Indeed but still looking pretty dead here Jim.
hugepants
13/4/2021
23:43
OK thats nice, so can we gain the 20% needed to get back to the pre COVID level?
makinbuks
13/4/2021
22:09
XRP soars 28% as Ripple executives motion to dismiss SEC suit
hugepants
13/4/2021
18:54
Ripple up 25%
tiltonboy
13/4/2021
11:47
Lol @Makinbuks - agreed.
spectoacc
13/4/2021
10:44
Thanks for digging that out Huge. I'm a big supporter of research into AMD so very pleased to see that.

The Ripple story continues to fascinate and perplex!

And why not get in on the SPAC action. No doubt a complete pile of pooh but as always where's there's muck there's brass

I'm actually quite enjoying being a Tetragon shareholder. It feels a bit naughty, like you know you shouldn't really but its just too good a story to resist.

Of course back in the real world I remain 25% underground!

makinbuks
12/4/2021
20:34
Contributed in a Gyroscope Therapuetics funding round.
hugepants
10/4/2021
13:54
if you missed a call (and can't or won't relisten on TFG site (onky 30days?), you can easily read the transscript:



more important and new:
UNDERWRITER INFORMATION
BofA Securities Bookrunner
J.P. Morgan Bookrunner

hxxps://www.renaissancecapital.com/IPO-Center/News/80538/Alternative-asset-management-focused-SPAC-Tetragon-Acquisition-I-files-for-

Alternative asset management-focused SPAC Tetragon Acquisition I files for a $500 million IPO
April 8, 2021
TACQU
Tetragon Acquisition I, a blank check company formed by Tetragon Financial Group targeting the alternative asset management industry, filed on Thursday with the SEC to raise up to $500 million in an initial public offering.

IMO they could use this money to take out one of their managers at (or above) NAV, or with now high XRP sell/buyout/list/get rid of the unwanted Ripple C-round shares, such a realisation demonstrated at NAV could really reduce the discount. Also the money could be used for a substantial buyback which would lift NAV and shareprice, as a nice big repurchase would have to be at a nice premium to share price

alexhemm
07/4/2021
14:52
Whatever its doing its not shifting TFG
makinbuks
07/4/2021
12:40
Ripple XRP still going vertical. Down 20% today.
hugepants
06/4/2021
12:13
RIPPLE CAN DO WITHOUT XRP IF FIRM LOSES “IRONIC” LAWSUIT – CEO BRAD GARLINGHOUSE
APRIL 5, 2021 10:06 AM UTC, RICK STEVES

hugepants
06/4/2021
12:12
Ripple XRP has gone vertical! Now over 1 dollar and has regained the number 4 most valuable crypto spot
hugepants
03/3/2021
18:07
I did originally buy as a weak Sterling play too, which did not come to pass which is not the fault of the company. If I was still working and a decade younger I could justify keeping or buying but now that I am full time investing I can't let money just moulder away without a clear purpose.
hpcg
03/3/2021
15:02
Fair play, and good luck with whatever the money goes into.

I'm in these long term I think. The discount will narrow (Shirley) eventually, and c.60% back to c.40% will be a decent move in s/p. I'll take the (reduced) yield in the meantime.

Totally agree re it being meant to perform differently to equity, yet has actually been even worse. And the naff recovery.

Just can't see it getting much worse tho. 70% discount a floor? As long as they hold the performance together, there's lots they can do (even if they currently show no signs of doing) to move the s/p.

But I'm not convinced by all that to add again.

spectoacc
03/3/2021
14:06
I'm out. On the plus side I didn't have any problem shifting when this has sometimes been difficult to trade, so someone is accumulating in the background. Six reasons really. Firstly the share count has not materially changed over the years. Secondly discovering Reade Griffith is only a few years older than me and thus one catalyst for realising the value could be a really long time away. Thirdly my watch list is replete with opportunity and I stand a much better chance of recovering my losses and sooner elsewhere. Fourthly and concurrently it is difficult to see the share price move up here with any rapidity. Fifthly a terrible relative recovery off the March lows. Finally it has performed worse than a simple equity strategy when the discount was supposed to have provided some form of protection. Not least the disappearance of any liquidity in a down market scenario, and a micro-cap level spread. Lost about 25% excluding dividends on my pre-pandemic holding and negative side of break even including dividends on my June 2020 "recovery" purchase.
hpcg
01/3/2021
16:42
Makin, are you sure that you are talking about tfg? Where do you get the evidence that they backed the company with their own money? For more than 12 months, the insiders of this company have not bought a single share among them on the market. All their stakes (big) are from free-ride (or from NAV based fee), taken from the assets belonging to ordinary shareholders.
riskvsreward
01/3/2021
14:40
I don't think more interviews will change the market's perception that management will only look after themselves and non-voting shareholders can get lost or sell. The share price to NAV discount is a clear demonstration that the market believes the business is run for the benefit of management not shareholders. Why else would there be sellers at the current price? Disillusioned shareholders who realise that management has no intention of letting shareholders get a fair SHARE of the business.
alpal2
01/3/2021
12:17
I wouldn't say they are dishonest. They are high conviction and back it with their own money. Consistency and repeatability are their mantra so they're not going to change. They believe they can reduce the discount by educating the market so I think we can expect more online interviews etc. We either sell or sit back and enjoy it
makinbuks
01/3/2021
09:47
Thanks, guys, for the feedback on this. It seems the directors are little short of dishonest. When pushing up fees they trumpet the NAV; but when referring to dividend they talk return on share price. Note 4% yield on share price but only 1.6% on NAV. We need to hope share price doesn't drop any further or they will use that as justification to cut dividend even further.
alpal2
27/2/2021
22:42
Thanks for all the info. I am trying to listen to replay. Won't work for me. Either classic TFG or a glitch at my end. Anyone else any luck?

Meanwhile on buybacks sounds like time to do some work on volumes: but shareholders are winners either way: either the nav goes up or the share price does (or both to start with).

apple53
27/2/2021
19:15
It is ridiculous for them to say that they have given return to shares holders of $90 m in dividends plus tender offer. The tender offer is not a share holder return. It is stealing and robbing the share holder. It is like you offer someone £1m for his £3 m house and you told him that you gave him £1 m, while in fact you just robbed him £2 m.
ceaserxzy
27/2/2021
17:31
If they pay shareholder more fairly and rob less themselves, there then surely will be fewer sellers and more buyers.

The simple fact that there is a persistent overhang of sellers even at such deep discount of 65% tells them what the shareholders think about them as the custodians of the shareholder money. It is better to take whatever you can before it is all stolen/lost.

riskvsreward
27/2/2021
17:13
Thanks @Makinbuks.

Yes, fair point about an increased divi not helping counter the forced sellers - but surely an increased divi (or not bloody cutting it in the first place) attracts new buyers, who eventually take out the sellers.

One day we'll get back to a more reasonable discount (say 30-40%) - but I've been saying that for too long already.

spectoacc
Chat Pages: 35  34  33  32  31  30  29  28  27  26  25  24  Older

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