BRM - New Warrant Issue for Barramundi

snapiti · Jul 25, 2024, 05:36 PM

Quote from: Basil on Jul 24, 2024, 03:37 PMHey Snapper. My model doesn't include exchange rate movements as they hedge about 70% of them anyway from memory. Current NTA based on watchlist prices on the ASX, (20 minutes ago) is 78.06 cps.

jeepers basil how close can you get without hitting the bulls eyes. BRM Nav 78.04cps

Basil · Jul 31, 2024, 08:26 PM

Lot of green on the screen at end of month today. You'd be tempted to think NTA had made great progress in the last week but sadly, last Thursday was a very tough day for the portfolio so progress has been pretty modest in the last week, up about three quarters of a cent...but just for a laugh and to poke fun at myself, let's have another go at hitting the bulls eye. Estimated NTA I get is now 78.75 cps. Now that I am tempted to think my valuation model works really well, I'll probably be miles off lol

Toddy · Aug 01, 2024, 08:51 AM

Basil, it made a decent recovery after last week's bashing. Hopefully yesterday was just a warm up for today's action.

And it looks like the Fund Managers are buying up more heads at the current discounted levels.

Basil · Aug 01, 2024, 10:33 AM

Quote from: Toddy on Aug 01, 2024, 08:51 AMHopefully yesterday was just a warm up for today's action.

Lets hope so !

Basil · Aug 01, 2024, 03:15 PM

Quote from: Basil on Jul 31, 2024, 08:26 PMEstimated NTA I get is now 78.75 cps

78.67 cents..not far off the bulls eye.
http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/BRM/435469/423862.pdf

Toddy · Aug 01, 2024, 04:33 PM

It looks like the Fund Manager is serious about bringing the price to Nav closer.

If the movements are more closely correlated then it is easier to track the portfolio with some confidence.

Toddy · Aug 05, 2024, 05:36 PM

Definitely not feeling the love again today.

Tomorrow is another day.

We will be trading at NAV very soon.

Toddy · Aug 07, 2024, 07:19 PM

What's tomorrows NAV.

74?

Basil · Aug 07, 2024, 08:25 PM

Some number I don't really want to know. Leave it till next week I reckon.

Basil · Aug 11, 2024, 08:38 PM

Current NTA as at close of business Friday = 75.28 cps. Still carrying a lot of damage, down 4.3% month to date in August.
NAV has done a round trip top nowhere so far this year. Paid a couple of divvies so far though, so I suppose that's something and another one due towards the end of September..

snapiti · Aug 12, 2024, 08:20 AM

interesting though the SP to NAV discount has gone from 12% to 4%, probably at par if the warrents remain in the money

winner (n) · Aug 16, 2024, 01:49 PM

Jeez BRM hold PWR Power Holdings

Report record revenues and record profits yesterday

Share price down more than 20% today

Seemed to be rush to thev exits

Basil · Aug 16, 2024, 04:14 PM

Quote from: winner (n) on Aug 16, 2024, 01:49 PMJeez BRM hold PWR Power Holdings

Report record revenues and record profits yesterday

Share price down more than 20% today

Seemed to be rush to thev exits

PWR currently up 1.7%.
Almost all of the rest of their portfolio also very strong today.
Might update NTA this weekend if I get some spare time.

winner (n) · Aug 16, 2024, 06:12 PM

Quote from: Basil on Aug 16, 2024, 04:14 PM PWR currently up 1.7%.
Almost all of the rest of their portfolio also very strong today.
Might update NTA this weekend if I get some spare time.

That's some intraday turnaround

Hope BRM bought a few on the morning dump

Basil · Aug 16, 2024, 09:07 PM

Updated NTA 77.999 cps per my model. Let's just call it 78 cents and have an extra drink this weekend to celebrate.
Also, today seeing as I now have quite a few KFL, I have constructed a spreadsheet for the Kingfish portfolio with their latest known share allocation percentages to keep an eye on their NTA which closed at $1.4334 today, (noting that the share price at the close of $1.32 just on an 8% discount).
Disc: I bought a few more KFL today, more ARG, some SML and also bought back a few Marlin.