Member Info for Pedrobull

They are buying back their own shares every day now 180K @ £3.89 and 200K @ £3.78 is £1.456M of shares cancelled.

Following this transaction, there are 177,828,438 Ordinary Shares in issue and admitted to trading on the Specialist Fund Segment of the London Stock Exchange's main market, none of which are held in treasury.

it must be that the market is discounting difficult to exit unquoted positions in the current and forecast climate?

however the market can be wrong!

£10.90 share price a 38% discount to NAV £17.71

Highlights NAV per Share of 1,761p (31 January 2022: 1,690p), NAV per Share Total Return of 4.5% during the quarter; 27.9% during the last twelve months

Portfolio Return on a Local Currency Basis during the quarter of 2.0% (Sterling return: 5.2%); 30.2% during the last twelve months. Portfolio valued at £1,244m on 30 April 2022

Disciplined transaction activity: new Investments of £59.1m and Realisation Proceeds of £48.8m during the quarter, including 17 Full Exits executed at an average of 23% Uplift to Carrying Value and 2.7x Multiple to Cost First quarter dividend of 7p per share; progressive dividend policy maintained Revolving Credit Facility increased to €240m in May, and maturity extended to February 2026

Board strengthened further by the appointment of two additional Non-Executive Directors

Align Research ramping hasn't worked again....

Topped up today at 44.5p

LOL indeed, they can mine as much Coal as they want as far as i'm concerned, burn baby burn

thru the barrel of a gun

nice but its very low volume and small £1K and less trades

so the directors sell shares at £24 and buy them back at 25% value and thats good?

LOL there were 0 ADME traded on Friday and about £30 quid worth on Thurs

Ukraine war could last for years, warns Nato chief

https://www.bbc.co.uk/news/world-europe-61856144

In answer to the OP asking markets know something I think its called debt $8.9Bn of it!
As bond yields rise that gets more expensive to service.

"According to a Reuters report, the company said it had approached former shareholders of its US Regal Entertainment division to extend the moratorium on debt repayment obligations it had earlier negotiated in February 2022. The world’s second-largest movie theatre company had promised a $170 million repayment to disgruntled shareholders of Regal Entertainment, who contested the $23 per share payment they received following Cineworld’s acquisition of Regal in 2017. The final repayments are due on June 30."

"Cineworld is presently struggling under an $8.9 billion debt burden as it tries to get its business up and about following severe damage to revenues from the COVID-19 induced closures of its theatres. The company had financed the $3.6billion acquisition of Regal with a debt facility. A court ruling against it due to a botched deal with Cineplex further compounded the company’s financial situation."

PS - Revlon went into chapter 11 today under $3.3Bn of debt

These MF articles are purely clickbait to get you onboard and read their adverts

"James Fox owns shares in Aston Martin. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors."

so what its still in UK

I get the gold and PM commodity story, however not sure about the high risk geo stuff

fairanalyst - "Im Geo & Risk diversified, into WSBN & POLY as opposed to POG."

LOL - POLY is at least 50%+ as risky as POG and WSBN is another hole in the ground might produce something sometime if Venus aligns with Mars

If you want diverse PM holdings go for Blackrock Gold and General or ETF similar!

Hardman & Co Research on ICG Enterprise Trust (ICGT):

FY’22: you couldn’t ask for more

ICGT reported another strong year, with an NAV per share total return of 24.4%, its 13th consecutive year of double-digit NAV growth. It materially outperformed the UK public market index, with a five-year CAGR of 16.4% (post all fees), three times the FTSE All-Share index total return. The portfolio generated a 29.4% return on a local currency basis to January 2022. Total proceeds and new investments were a record £342.9m and £303.7m, respectively, generating net proceeds of £39.2m. ICGT’s 36% uplift on exits is in line with historical averages. Investment is focused on businesses with good risk-adjusted returns and defensive growth characteristics.

Please click on the link below for the full report:

https://hardmanandco.com/research/corporate-research/fy22-couldnt-ask-for-more/

not 20p, 19p or 21p but 20.03p

I'm going to put a sell order in at 20.02p to get in front of Align LOL

This is binary now but the company have spelled it out HIGHLY UNLIKELY of any return to shareholders.

My forecast is this goes into administration and bond holders and other debt holders get paid leaving £0.00 for shares

more posts than the 8 trades so far today about £9K which is peanuts

remind to avoid penny stocks!

30th May 2022 RNS

Evert Castelein, Fund Manager, abrdn, commented:
"It is very pleasing to report another quarter of NAV growth. This reflects both the strength of the European logistics market and the high quality nature of our diversified, modern portfolio.

"Logistics is a long-term growth story, fuelled by the acceleration of e-commerce across Europe, and increasingly the changes in how companies manage their supply chains. There continues to be an acute supply-demand imbalance across the entire European logistics market, with vacancy rates sitting at historically low levels and this is particularly true in urban areas where there is greater demand from other land uses. Our portfolio is also well positioned to benefit from rising inflation, with 70% of the portfolio's current income subject to full annual indexation."

Performance
The unaudited portfolio valuation increased by €16.8 million in the quarter, or 2.5%, on a like-for-like basis.
For the 12 month period to 31 March 2022, the Company's net asset value total return was 13.0% in Euro terms (12.1% in sterling terms).