Member Info for Stealthj89

It’s a risk for sure. I’m not optimistic for 40p a share (transaction costs would erode a good chuck if previous sale costs are to go by).

If I broke even I’d be happy because it’s better than a loss. 20p or more and I’d probably lose my mind!

I think I’ll stick to a global equity fund from here on. I actually added all the shares that are held in my wife’s ISA and we’re in for a total of c.395,000. 10p to 16p is a fairly big jump!

I still can’t see why losing 3/4p of the NAV has resulted in a 10p fall. Even at 70% of NAV it’s acceptable in my view as we’re trading at less than 50% of NAV.

Perhaps I’m missing something - I’m trying not to panic sell though. Fingers crossed we all come out okay in the end.

I hold around 360,000 shares and hope we can at least get 16p back as this will allow me to break even.

Perhaps I am too optimistic but I kept averaging down on based on the NAV.

Whilst not happy with the recent asset disposals being what they were, if we achieve even half of the revised NAV we will do well (21/22p)

In desperation and the fact I cannot really understand the complex make up of Arqiva, I referred to DeepSeek which said the following:

Conclusion:

• If £800 million refers to equity value, it would likely be considered low, given Arqiva's EBITDA and asset base. It would imply a distressed valuation, possibly reflecting concerns about debt, expiring contracts, or limited growth prospects.

• If £800 million refers to enterprise value, it would be extremely low and likely unrealistic, as it would not even cover the company's debt.

In summary, £800 million would likely be seen as a low valuation for Arqiva, unless the company is facing severe financial or operational challenges. A more realistic valuation would likely be in the range of £1.5 billion to £3 billion for equity value, depending on the company's ability to manage its debt and transition to new growth areas.

I have been deluded before on stated NAV values but hopefully D9 can clear £100m after paying down the VLN

Surely the holdings are still providing cash flow and once Verne is sold and the debt is repaid the trust is in a good place?

No need to sell at any price to wind up fast as the cash flow will be significantly improved.

30p is my breakeven. I’m confident we can make that but the only issue is how long a wind up will take.