Barramundi ( BRM )

[dabsman]

The dividend depends on the NTA rather than the market price.

Yep exactly what I said. Hoping for 1.68c or higher next dividend

[alokdhir]

[QUOTE=777;881994]The dividend depends on the NTA rather than the market price.[/QUOTE

" NTA moving nicely up the last few weeks means better dividend "

Thats what he wrote ...NTA up so better dividend ...

18% premium to NTA ...is some record or so for such listed funds though ...Shows us how much demand is there for reliable dividend flow and tax advantage

[FatTed]

[QUOTE=alokdhir;881997]

The dividend depends on the NTA rather than the market price.[/QUOTE

" NTA moving nicely up the last few weeks means better dividend "

Thats what he wrote ...NTA up so better dividend ...

18% premium to NTA ...is some record or so for such listed funds though ...Shows us how much demand is there for reliable dividend flow and tax advantage

What do you think is a reasonable % premium to pay for these funds for those higher tax payers?

[alokdhir]

[QUOTE=FatTed;881998]

What do you think is a reasonable % premium to pay for these funds for those higher tax payers?

Historically they have always been on discount to NTA ...but now times have changed ...Tax advantage increased from 5% to 11 % for high earners and demise of term deposits for regular income ...so maybe 5-7 % is still justifiable for current conditions ..

For high earners there dividend / return gets boosted by 39/28 factor ..

[777]

Yep exactly what I said. Hoping for 1.68c or higher next dividend

My bad. Sorry.

[Not too Flash]

[QUOTE=alokdhir;882001]

Historically they have always been on discount to NTA ...but now times have changed ...Tax advantage increased from 5% to 11 % for high earners and demise of term deposits for regular income ...so maybe 5-7 % is still justifiable for current conditions ..

For high earners there dividend / return gets boosted by 39/28 factor ..

Premium over NTA now 28% - surely this can't be sustainable .....

[alokdhir]

[QUOTE=Not too Flash;882918]

Premium over NTA now 28% - surely this can't be sustainable .....

Its just ridiculous levels ...amazing what lack of supply and momentum can do ....

Almost same story for MLN due to new warrant issue announcement

KFL is better with just ( lol ) 10% premium ...but keep in mind KFL warrant issue will also come in next 3 months

[justakiwi]

Nope. Already been and gone in March

BRM warrants coming up in October though.

KFL is better with just ( lol ) 10% premium ...but keep in mind KFL warrant issue will also come in next 3 months

[oldtech]

Glad I picked up the warrants I wanted a bit earlier in the month

(Well ... the warrants I could afford, anyway. Wanted a lot more ...)

Paid a bit over the odds, but still looking cheap compared to yesterday's closing price!

[alokdhir]

Nope. Already been and gone in March

BRM warrants coming up in October though.

I was talking about new warrant issue of MLN already announced and of KFL in the pipeline ...was not referring to ongoing warrant issue of BRM

MLN record date for prorata allotment of warrants is 14th May