March 2020?4 Mar 2020 01:48
Olderandwiser
Posts: 9,991
Price: 1.65
No Opinion
RE: Why aren't all trades posted on here?Fri 08:46
Working with a "top 5" UK asset manager for the credit facility and linked 10-year life Hybrid bond issue, collateralised by LS assets. "Hopefully in place soon here". Having "daily communications" with them.
Couple of other projects (i.e. funds linked to LS) progressing with discussions, including for segregated managed accounts.
Getting accelerated level of incoming enquiries for their BOAGF from US-based financial planners, given the general market turmoil.
Relationship with Colva (Rajiv Rebello)is very relaxed. Rajiv wanted for personal financial reasons a change in his remuneration package so is very much a part of the Alpha team, and will be receiving 2mn shares in compensation.
Having Colva AND SLIM's actuarial expertise to look over the LS asset buy packages is a plus, as they bring differing insights and methodologies, with improved knowledge and pricing.
Didn't touch on the likely timing of the CF, and the stories going round the BBs. GS has a low regard for much of the speculation and language used in these places, saying that investors should only pay attention to what comes out of the company in official RNSs. Quite right too!
All in all, I found GS easy to talk to, obviously very busy, very professional, and very bullish about the investment opportunity presenting itself here both to himself and us outside PIs.