BRM - New Warrant Issue for Barramundi

Basil · Feb 11, 2024, 05:22 PM

We got to 39 cents at one point to the $US prior to that chart. 10 year average to USD is about 64 cents and to the $AU its late 80's cents somewhere.

Basil · Feb 12, 2024, 10:24 AM

http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/BRM/425987/412334.pdf

Monthly update. Interestingly, their 5 year CAGR 14.5% compared to the index 10.3%, (NAV to NAV after fees and tax), is now more than 4% above the index, see bottom of page 3. I think it's more than fair to say they earn their fees. Good to see a positive performance in January notwithstanding a very strong last quarter in 2023.

Basil · Feb 12, 2024, 06:52 PM

Aust market down 0.39% today and not a great day for BRM's biggest holding CSL with their clinical trial result not great but nevertheless BRM NAV closed flat at 77.44 cps compared to 77.45 cps on Friday. Outstanding how their portfolio has held up and is outperforming the ASX despite a few disappointments with individual stocks in their portfolio lately.

Toddy · Feb 12, 2024, 08:33 PM

Definitely a roller-coaster ride to end up going sideways.

Fingers crossed that CSL represents a cheaper buying opportunity rather than the stock coming under pressure in a sustained Sell-off.

Toddy · Feb 13, 2024, 12:04 PM

Results all over the place.
Sek not good, CSL good etc

Will be an interesting day.

Basil · Feb 13, 2024, 06:44 PM

Some big movements in share prices today. Overall, NAV is still just above that which was reported last week, my spreadsheet says 76.65 cps, (last week's official NAV 76.57 cps.)

Toddy · Feb 14, 2024, 07:42 PM

What's the damage. It feels like hit after hit.

Basil · Feb 14, 2024, 08:34 PM

75.6 by my estimate. More fun when it's going up, that's for sure ! Down about 1 cent since last Wednesday.

Basil · Feb 15, 2024, 02:51 PM

https://announcements.nzx.com/detail/426259 75.69...my model seems to be working well but accuracy will vary from time to time depending on portfolio changes and exchange rates.

Current NAV at time of posting is 76.9 cps. You can put you feet up at the beach now Toddy and have an ice cold Cider...everything is all good.

Warrants BRMWH look like a really good opportunity to me @ 7.2 cents, (decent number there on offer), with a likely exercise price of only 63 cents in late October 2024 and there being ~ 77 cents NTA. I'd buy them myself if I didn't already own a million of them.

Toddy · Feb 15, 2024, 02:59 PM

Unbelievable how the NAV hung in there. And today plenty of green on the board.

Im not one for puting my feet up. I love to surf on the long board I can normally last about 15 minutes sitting on the beach. Just enough time for a drink and something to eat.

I did sell down 50,000 warrants at. 74. I plan on buying them back.

Basil · Feb 15, 2024, 07:11 PM

Couldn't resist looking at NAV at the close with all the green on the screen on my BRM watchlist.
ASX up 0.77% today, BRM NAV up 1.89% to 77.1 cps. I'd call that a very good day. Time for an ice cold drink.

Oh...before I forget, hoovered up some more warrants at 6.3 cents on the close. Talk about stealing candy from a baby. Should just about be locked up for grand theft.

Basil · Feb 16, 2024, 06:45 PM

Nav @ ASX close today by my spreadsheet estimate = 77.3 cps.

Stockgathering · Feb 16, 2024, 07:15 PM

Nice getting regurly updates, Thanks.

Basil · Feb 18, 2024, 08:04 PM

You're welcome. I'm happy to continue but this week won't be daily as I'm on holiday for a few days.

winner (n) · Feb 18, 2024, 08:12 PM

Quote from: Basil on Feb 18, 2024, 08:04 PMYou're welcome. I'm happy to continue but this week won't be daily as I'm on holiday for a few days.

Enjoy the gigs you closet Swiftie

Safe travels