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TFG Tetragon Financial Group Limited

10.30
0.00 (0.00%)
Last Updated: 08:00:00
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 5.00 899.19M
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 5.00.

Tetragon Financial Share Discussion Threads

Showing 726 to 750 of 875 messages
Chat Pages: 35  34  33  32  31  30  29  28  27  26  25  24  Older
DateSubjectAuthorDiscuss
27/1/2022
09:41
tilton: Just google 'ripple buyback c shares.' Plenty of reports but little detail. From what I've read [and it's not all clear] TFG subscribed for the C shares with an overall valuation of the company at $10bn; the shares have now been bought back at a valuation of $15bn. On the face of it, TFG has made a 50% profit. But DYOR. Anyone with better figures, please let me know.
alpal2
26/1/2022
23:03
Can someone point me in the direction of the announcement on the price Ripple paid to buy the stock back
tiltonboy
26/1/2022
21:28
Completely agree with your comment alpal! I was merely indulging in some wishful thinking...😉
houseofpain1
26/1/2022
20:53
HoP: If they used a large chunk of the cash for a buyback [which should be $250m]. Little chance of this as any money spent on buyback will diminish management fees. And management fees are much more important than the interests of non-voting shareholders.
alpal2
26/1/2022
17:25
Positive update on Ripple today. Ripple have bought back the entirety of TFG's shareholding in Ripple at a price 50% above TFG's in-price. According to Fortune, TFG also received accrued paid-in-kind dividends from Ripple. So a very successful outcome from an investment that I think a lot of people were attributing a much lower value to than TFG were holding it due to the SEC case. Shares rightly up today on this news and hopefully this will mark the start of a discount narrowing phase, especially if they use a good chunk of the cash realised to start a buyback...!?
houseofpain1
25/1/2022
12:33
It's a real gem this one.
hugepants
25/1/2022
12:19
Would be funny if it weren't true
makinbuks
25/1/2022
09:41
TFG always claimed to be uncorrelated to equity markets, and I think they're correct - they can lose money whether markets go up or down.
spectoacc
14/1/2022
14:31
Not sure if that's tongue-in-cheek, but has crossed my mind! Not much value around, everyone on a downer with it (justifiably), but massive NAV discount (to the extent it can be trusted), previously and even now not a bad NAV performer, and surely something will give at TFG, eventually.
spectoacc
14/1/2022
14:05
will this be share of the year 2022?
hugepants
14/1/2022
09:25
thanks f56
apple53
12/1/2022
10:28
I checked with Tetragon and they are not listed. There will be an update on Ripple in the annual report.
f56
03/1/2022
12:32
They might be listed on the Canadian stock exchange (TSX?)
f56
03/1/2022
09:26
They raised $85m from the PE portfolio, and the NAV was roughly unchanged, so I would doubt it.
tiltonboy
02/1/2022
17:25
Any chance they've just written down the value of the Ripple shares?
hugepants
02/1/2022
08:40
Yes, judging from the size of the numbers involved I suspect that they must have redeemed a portion of the Series C Preferred shares. I didn’t think they could do this while the Ripple lawsuit was ongoing but I might be getting confused with their own lawsuit which appears to have not been necessary thus far. The Preferred shares appear to have been earning a fixed percentage of 1 percent a month prior to the redemption so I assume that would continue with the remainder which has been a nice little earner.
f56
01/1/2022
21:24
They raised $85m from the PE portfolio, so that might explain it.
tiltonboy
01/1/2022
10:19
I noticed the Reduction in value of the series C preferred shares in Ripple over the last month from 7.1% to 5.6%. How is this, we’re some of the shares redeemed? I thought this was supposed to be fixed interest and frozen.
f56
23/12/2021
20:20
Equitix accounts for Dec 2020 have only just been filed. That's rather late for an investment manager. Seems to be doing well, but there are very opaque disclosures of what a £11m P&L hit relates to which is on the face of the Income Statement but not referenced or explained anywhere. Reading between the lines it looks like its fees charged on a couple of projects running late that may not be receivable and they are due from related parties. Probably Covid-19 related. Not good for valuations or listing.
topvest
21/12/2021
19:08
You can register on their website. They have always emailed me any news release or investor call information.
riskvsreward
21/12/2021
15:56
How do we get notification and details of the investor calls? I thought I had registered last year to be notified but never heard anything.

The TISE which operates the Guernsey stock exchange states in its Principles, inter alia:
1. Treating all investors and holders of listed securities fairly, ..

3. Following any applicable recognised code of corporate governance or any prescribed laws of their jurisdiction as an alternative and, where applicable,disclosing that to investors, or stating why they do not follow a code of corporate governance.

6. Ensuring holders of listed equity securities are given adequate opportunity to consider and vote upon major changes in the issuer’s business operations, and matters of importance concerning the issuer’s management and constitution.

Is there any avenue to get TISE to apply pressure on TFG, particularly about treating investors fairly?

tula100
21/12/2021
14:39
Thanks @ceaserxzy. Feels like the more of us that can annoy them - and the more often - the more chance of them not pulling another stunt like the divi cut.
spectoacc
21/12/2021
14:38
To give the company credit where credit is due, they have replied to my email of questions promptly.

In their reply it is said that such questions will only be answered during the Tetragon Investor Calls which take place post the release of the Yearly and Half-Yearly reports in February and July, respectively.

But they are happy to keep your question on record and to be dealt with in February if you ask them to.

So no need to email them questions at this point of time for the AGM.

ceaserxzy
21/12/2021
13:15
They may laugh indeed, but if no one protesting at all surely there won't be any change for better to shareholders either.
ceaserxzy
21/12/2021
12:58
Perhaps a mention of fiduciary duties too - to all shareholders, irrespective of voting rights.
spectoacc
Chat Pages: 35  34  33  32  31  30  29  28  27  26  25  24  Older

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