KFL - discount to diluted NAV

[ronaldson]

Rawz - I don't know, but I topped up this morning at $1.30 as KFLs current portfolio is well positioned, it will be cum a quarterly dividend shortly, and a warrant issue can be anticipated certainly before end 2023.

With the existing NTA and the buy back in operation if the discount widens I see downside as very limited even if the OCR is up at the next announcement.

[winner69]

Headline says Challenging year for Kingfish

Did they do well? No a terrible year …and they call themselves active investors

Seems like a few years ago they threw the darts at a list of NZX stocks and put the money on those and hoped for the best and then the managers just kept a watching brief and worked out what to sell to keep the divies coming.

Two consecutive years of negative returns (even though they said 2022 was +0.0% lol)

Not good enough

See they calling for Director nominations ….job money for jam and present lot pretty useless so let’s push for alokdhir and rawz to get on the Board….and give them a good shake up

[winner69]

Always good buying in the depths of despair …..might give them another go

[percy]

Always good buying in the depths of despair …..might give them another go

Do n't they have a dart board at the Bowling Club you can use.?
Be worth comparing your results with KFL's.

[alokdhir]

where do you think the pushpay money will go?

to another stock in into current portfolio?

They have already invested PPH money by drawing down previous cash position into 2% RYM , 2% EBO and 1% CEN as per latest portfolio report ...cash was down to just 1.6% ...so PPH cash will shore it up most likely

PS : Additions to older positions me noted in last portfolio position as on 31st March

[winner69]

Do n't they have a dart board at the Bowling Club you can use.?
Be worth comparing your results with KFL's.

Darts landed on KMD AFT OCA GNE SPK GEN HGH and STU

pretty good I reckon

[alokdhir]

Darts landed on KMD AFT OCA GNE SPK GEN HGH and STU

pretty good I reckon

U forgot FBU mate

[winner69]

One dart landed on MFB but it fell out so didn’t count

[percy]

Darts landed on KMD AFT OCA GNE SPK GEN HGH and STU

pretty good I reckon

I think so too.....lol.

[Muse]

Darts landed on KMD AFT OCA GNE SPK GEN HGH and STU

pretty good I reckon

When you run with the hares and hunt with the hounds you're always a WINNER....69 (oh yeaaah)
https://www.youtube.com/watch?v=6X6eXE9IHQg