Member Info for SD235

Price well above 5 year peak. I am holding as its roughly 60% Brazil and 40% Mexico which sits well with my Blackrock Frontiers which doesn't hold Brazil and Mexico. Also only a small holding.

Presently Brazil base rate is 15% while inflation is 4.5%. Hence real interest rates are very very high. Should allow for a lot of growth when they reduce interest rates. Plus emerging markets very very popular at the moment. Decent dividend to boot. Today is the first time I have clicked on a opinion! My opinion only.

"The Tender Offer will close at 1.00 p.m. on 19 February 2026. The Tender Offer is only available to Eligible Shareholders on the

Register at 6.00 p.m. on 19 February 2026 in respect of the Ordinary Shares held at such time"

But still has to be voted on at the General meeting and can be cancelled under certain conditions. Looks unlikely there will be many tendering.

Supposedly tender offer this month or beginning of next month.

Note doesn't include Brazil and Mexico. So I bought BlackRock Latin American. Roughly 60% Brazil and 40 Mexico. Absolutely flying at the moment. Pity only a small holding.

Trading on a 1.47% discount (as per HL). I would expect the discount to widen post the tender. Edison believe that it will be minimal due to emerging markets being very "fashionable" at the moment. I will add to after the tender offer. Want to make this a long term 5% holding. It appears to be less volatile than the rest of emerging market trusts.

So unlikely to list on the 17th?

from ai

"guident corp, a boca raton-based ai software firm for autonomous vehicle (av) safety, is planning a nasdaq ipo under the ticker gdnt. the company updated its filing in late 2025 to offer 3.33 million shares at a revised range of

to $4 to $5

to raise roughly $15million. the ipo, backed by tekcapital (which owns 70%), aims to fund expansion of its remote monitoring and control center (rmcc) for evs and autonomous shuttles. "

a big drop from previous listing price. also doesn't look like they will list on the 17th?

i must admit they strike me (the directors) as ******ed

Anyone actually seen a date for IPO in an RNS?

Aimofthegame your an imbecile. There was no need to sell at that price. You have to think there is something corrupt going on. Or maybe the management are as thick as you.

I can't find that date in an RNS.

Another placing? AND at 8p ridiculous.

Down 5% last 2 days no news

They may just be making a investment?

Hopefully

Another excellent update BUT no movement in share price?

Would I be right in my assumption that NAV per share is 88p? Obviously with all the deals it is difficult to be certain what the NAV is.

Either way once it reaches NAV then I would assume new shares being issued.

The last time it was this price was December 2022 and the share price was £28.

Saba have taken a 5% position see rns

Odd how little effect the tvg news had on the share price. Lucky for me it is a relatively small holding as I am down 30%.

My main worry is them taking on the property. If they can't get enough tennants then it could prove an expensive mistake. Obviously 1 year free rent and a million pounds helps but I would love to know what the actual rent and tenancy agreements are.

Despite that I will probably add a bit more.

Odd how little effect the tvg news had on the share price. Lucky for me it is a relatively small holding as I am down 30%.

My main worry is them taking on the property. If they can't get enough tennants then it could prove an expensive mistake. Obviously 1 year free rent and a million pounds helps but I would love to know what the actual rent and tenancy agreements are.

Despite that I will probably add a bit more.

Are these figures realistic?

https://ukinvestormagazine.co.uk/tekcapital-shares-soar-as-guident-files-s-1-for-nasdaq-ipo/#:~:text=With%20the%20total%20addressable%20market,in%20around%204%20%E2%80%93%208%20weeks.

What is going on?

No RNS news yet the shares are going up up and away.

Tempted to sell some or all as I am now up 50% plus. Only thing stopping me is the assumption that the price will go higher if their is some actual news!