Barramundi ( BRM )

[Joshuatree]

She is actually a really down to earth and genuine person who does care about those who invested in her.

The NAV is solid, fund managers have no control over the discount the market applies...

Remember, some people still buy into an eternal dividend distribution, this one is likely to be 7-8% P/A net... nothing to shrug your shoulders at.

Yes I've had great yield play here as long as you buy at/near the lows you are getting a great return for your buck. No need to worry about earlier ; the past is the past.

[Balance]

Yes I've had great yield play here as long as you buy at/near the lows you are getting a great return for your buck. No need to worry about earlier ; the past is the past.

Nothing clearer in what you are doing.

[Balance]

She is actually a really down to earth and genuine person who does care about those who invested in her.

The NAV is solid, fund managers have no control over the discount the market applies...

Remember, some people still buy into an eternal dividend distribution, this one is likely to be 7-8% P/A net... nothing to shrug your shoulders at.

Haha - tell it to those who paid $1.00 into BRM and are still out of pockets.

It is all about the fees, nothing more and nothing less.

Heck, people thought Madoff was a great guy and a great philanthropist!

[winner69]

Haha - tell it to those who paid $1.00 into BRM and are still out of pockets.

It is all about the fees, nothing more and nothing less.

Heck, people thought Madoff was a great guy and a great philanthropist!

Discount to NAV still about 6% - that's about $8m - about right as the present value of future management fees.

Where do those management fees go?

[Balance]

Discount to NAV still about 6% - that's about $8m - about right as the present value of future management fees.

Where do those management fees go?

It's heads, Fisher Fund wins.

It's tails, Fisher Fund wins even bigger as a proportion of investors' losses.

Warren Buffett warned against investing in index-hugging poor performing fund managers decades ago and in recent times. We actually have posters here encouraging investing in poor performing fund managers!

[Joshuatree]

Haha - tell it to those who paid $1.00 into BRM and are still out of pockets.

It is all about the fees, nothing more and nothing less.

Heck, people thought Madoff was a great guy and a great philanthropist!

Come on Balance; i can't and won't take responsibility for other peoples investments decisions here previously or if Carmel turned you down for a date in previous life.Get with the present. BRM is like an on call bank account paying a great yield if one buys at the lows. IMO DYOR

[Balance]

Come on Balance; i can't and won't take responsibility for other peoples investments decisions here previously or if Carmel turned you down for a date in previous life.Get with the present. BRM is like an on call bank account paying a great yield if one buys at the lows. IMO DYOR

You have actually been encouraging others to trade an illiquid supposedly for passive-investors' type fund.

[Snoopy]

BRM is like an on call bank account paying a great yield if one buys at the lows. IMO DYOR

I can show you a way to get a much better yield from your bank term deposit.

1/ Invest $10,000 at 2% pa
2/ At the end of the year you have $200 in interest due (yay).
3/ Pull out $1,000 of your capital and just reinvest $9,000 for the next year.
4/ The yield on your $10,000 one year investment becomes:

($1,000 + $200) / $10,000 = 12% !!!!!!

Absolutely fantastic, and here is the rub. BANK STAFF WILL NEVER TELL YOU THAT YOU CAN DO THIS! I call it 'Doing a Carmel'

SNOOPY

[Lewylewylewy]

How this scam works:

Set up investing company.
Buy stocks.
Sell shares in company at a price close to the value of the shares (small loss made).
Charge a management fee (profit made). Typically fees are very high on good times 9% and low in bad times 0.5%, so punters feel like that's a small price to pay for large success and fair if not going well.
Next, sell assets to give back a high dividend to ensure they can charge success fees and draw in unaware buyers who think the dividends are great and they're getting a bargain on the nav.

One might value these at the nav, minus some value to represent the effect of the management fee. Personally I would consider the management fee as causing each share to be less profitable and change the value based on lesser growth on each share (lower PE required). Result = overpriced!

Alternative one might measure the past success as being the price of the share plus the dividend, relative to the success of the shares the company owns, plus some value for the benefit of hands off management of the portfolio (if any based on the success rate).

Bad investment imo. Better off buying an index, which I also think is a bad investment. IMO, you have to have a concern / interest in your investments, otherwise you're a fool waiting to be parted with your money.

[bull....]

she done well got out on top of her game with many millions