Member Info for raggedtp

Where do you find the SABA shareholding, please? It doesn't show up on my normal platform.

Thank you

Yes. I have had this in my ISA for about three years. V happy with this and TORO as 'bond proxies'.

Thanks for the link. Saved me time.

Thanks for this link. Very helpful and makes me feel calmer, more willing to think long-term about the company.

Because they are mirroring the cash inflow from Big Rock, after paying down a third of the project debt. This is while the new assets have really only just started to generate revenue. Seems sensible really, and come the end of the year, they'll have a good handle on how much continuing revenue is occurring for settling the level of future dividends.

I think your timing was perfect, Krusty. I had to go out, came back in, and did add 30,000-odd, @ 77.77. And I'm hoping that was the bottom, of course. Some bigger players seem to have come to their senses since tbhen.

Well, losing about 2.6p from the Hydrogen misstep is one factor. I had bought in a bit despite them having an investment there, because it's in Germany, which has been pouring subsidy in. But hydrogen is a cul-de-sac: nice idea, but far too expensive. In a way, I'm glad this has gone, in that I hope they will not consider it ever again. And the price having reduced by that amount this morning, but the div seeming safe, I may well buy more today, now the big H is out of the way, because all else looks good.

I was probably the other buyer! I'm a long-term holder who thinks this is just ridiculous and am averaging down. Never sensible, one might say, but ALL the equity might be worthless, and this is still worth over 50p NAV, plus the yield as they sell down, so not less than 64-65p total over two years.

Have actually oversubscribed x 3. Am also underwater (after just 3 years) , but not currently a big position. I agree, this is the last chance, but they really do have enough pledged to get to break-even now. It's a punt on Mistral actually working right, but there is certainly pent-up demand, with a good, non-flammable, story. I guess I just want a British company to succeed in this area. Might be over-romantic of me, but it wouldn't take a lot of good news to double from here. Of course, if it doesn't work right, that's my last (at my age) punt. And the rest is NESF, LGEN, RECI and the like, averaging 9% yield to help me sleep nights.

Where do I find that link, please?

I bought a bit over 46,000 @ 8.56.

I'm in VSL too. This is all very frustrating, in that I want these ITs to re-rate, but not dissolve. The NAVs of the energy ITs like Triple Point Energy Transition (LON:TENT)  went down a bit, because of interest rate increases increasing their discount rates. What do you think will happen in a year's time, when interest rates start to descend and discount rates with them. Won't this send the NAVs of the like of Triple Point Energy Transition (LON:TENT) , Gore Street Energy Storage Fund (LON:GSF) and GCP Infrastructure Investments (LON:GCP)  back up? I like ITs for some stable income to live off, and I like spreading the risk, but I already have VPC Specialty Lending Investments (LON:VSL)  in run-off. Victory Park Capital, the managers, will have seen their little UK-listed adventure as a complete waste of time.

Meanwhile, where else to get 10%? I have somo quite a few. Chenevari TORO is 14% at this price, but I'm already fully invested there.

Hope we don't find out they have simply replaced Rathbones. I added this afternoon, still easy to do at 53p.

Well, I for one was reassured by the webinar. Reall the Trust is still delivering its mandate, a stable capital performance with bond-like dividend assurance. The NAV has hardly moved down; the successful, and uplift-generating, refinancing of the biomass projects, and stability of the loan repayments (they run 50 separate loans), should reassure people this is not a declining business. Also, they have over 30% of loans maturing over the next four years, which they believe thay can recycle into higher-yielding opportunities. So, you don't buy into this for a 'multibagger', but as soon as interest rates start to come down, people will be made not to want into vehicles like this, currently paying >10% yield. Getting anywhere close to back toward par over the next 18 months gets you a 30-40% capital uplift on top. Yes, I am sitting on a capital loss, but I sleep fine with this and will likely add to our family positions. The business works, and the current beaten down share price is dislocated from that. This and TENT are among the simplest propositions with which to beat inflation, cash ISAs, retail bonds. etc.. Patience will be rewarded on the capital front over time as the fearful UK fund selling down fashion reverses, at least selectively.

How about Investment Trusts right now: GCP, GSF, TENT all trading > 40% disc to latest NAVs, with confirmed divs of >10%? Opinions welcome, as I feel I want to buy more....

Ah, probably am, Guitarsolo. Certainly been doing it a long time now and am a customer of at least 25 years' standing. Sorry, I only just saw this, as I don't look very often and don't understand how to get alerted if somebody replies to me!
It shouldn't be that hard, as they won't let me invest in BGLF, which is a similar instrument. If there were a way to message me, I could give you a contact there to approach. By the way, I am in VTA, and there is VTAS. The sterling version may be more accessible.

By the way, by trading I mean doing something every month or so, so not a big deal if you have a few holdings. I'd say my average holding period is at least two years.

Did add our remaining 266k to the sheet, as prepared to hold this much unless new, compelling stuff comes up. Are you sending this to the Board?

Hello. No point in 'low-cost' if you mean low-cost trading, as the spread is big here. Mine are in Charles Stanley Execution-Only, which is relatively low-cost, as the holding charges are minimal if you are ana active investor. They can invest in pretty much anything for you, and these are in my ISA at least for the medium-term, given they are at a discount, earning well and paying a humungous dividend. You could also look at Chenevari Toro Income (TORO) where, if the income holds, you really don't need capital gain (unless you need a need yacht, of course!). Hope this helps

Just a thought about TORG/TORO. I am in TORO and also thinking about increasing. I also have some V TA. They took have a sterling option now, VTAS. But there's no liquidity in it and the spread is even worse as a result. If you're going to buy for decades, it doesn't matter, but one thing I like about equities is the ability to sell them easily. And I think you'll find there have been no trades in TORG this week.

And look at today's price action on double the Buys and Sells. One can be done on US Technology, but isn't this a bit mad?