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Thread: Marlin

  1. 10-03-2022, 04:58 PM #531
    SPC
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    KFL exercise is still some time away but MLN coming down to the wire. In the past there have been holders who exercise over the market price as well as those who don't even when the exercise price is considerably under market pricing.
    Assuming no change in metrics between now and May any exercise at 118c will actually raise NTA as they'll get bonus cash in.
    Insufficient diversification with the high conviction 'love-em to death' holdings strikes again.
    Time will tell. The COVID drop was short-lived...
    Last edited by SPC; 10-03-2022 at 05:00 PM.
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  2. 10-03-2022, 05:07 PM #532
    Gerald
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    Interesting to look back to 2010, was run abit differently.

    http://nzx-prod-s7fsd7f98s.s3-websit...716/130477.pdf

    Top holding Wirecard That aged well.
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  3. 10-03-2022, 05:13 PM #533
    Beagle
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    Quote Originally Posted by Beagle View Post
    US markets have had a pretty good start to February recovering quite a bit of January's huge losses but MLN NTA down a whopping 6.43 cents in the last week People paying $1.35 for $1.15 of US assets much of which is in the tech sector...good luck with that. Posted 10 February 2022
    NTA now just 99 cents, down 16 cents (14% !) in just the last month
    Last edited by Beagle; 10-03-2022 at 05:16 PM.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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  4. 14-03-2022, 12:42 PM #534
    alokdhir
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    MLN well below exercise price now ....still have 2 months or so to recover ...Maybe a truce and rolling back of sanctions will do ...but tough ask
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  5. 14-03-2022, 04:34 PM #535
    Beagle
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    Very difficult to see any value whatsoever in Marlin or Kingfish warrants.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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  6. 04-04-2022, 10:04 AM #536
    Sideshow Bob
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    MLN - Announcement of Warrant Exercise Price (MLNWE) - NZX, New Zealand’s Exchange

    Marlin Global Limited (Marlin) wishes to advise all Marlin Warrant Holders (MLNWE) that the final exercise price of the warrants is $1.18.
    Further details regarding the Marlin warrants, which have an exercise date of 20 May 2022, will be emailed/mailed to all warrant holders during April 2022.
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  7. 04-04-2022, 10:06 AM #537
    Sideshow Bob
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    Quote Originally Posted by Sideshow Bob View Post
    MLN - Announcement of Warrant Exercise Price (MLNWE) - NZX, New Zealand’s Exchange

    Marlin Global Limited (Marlin) wishes to advise all Marlin Warrant Holders (MLNWE) that the final exercise price of the warrants is $1.18.
    Further details regarding the Marlin warrants, which have an exercise date of 20 May 2022, will be emailed/mailed to all warrant holders during April 2022.
    Currently trading at $1.25, but paying $1.18 for $1.0919 worth of assets, as of Friday......
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  8. 04-04-2022, 10:22 AM #538
    SPC
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    Yes I'm not sure I want to pay Marlin Ltd $1.18 for assets worth $1.09 assuming no material change in NTA between now and then. In theory the post exercise nta should actually rise as Marlin has issued new shares at a profit rather than a loss.
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  9. 04-04-2022, 11:45 AM #539
    Beagle
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    https://fisherfunds.co.nz/investment...al-growth-fund

    Unlisted fund as I understand it mirrors the listed fund. If you like the assets they hold you can get in here with zero premium to NTA.

    Fisher Funds have not acquitted themselves well in recent months in my opinion.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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  10. 04-04-2022, 11:47 AM #540
    Waltzing
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    Mr B has fighter pilot sight... reads at high speed...
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