ALC 9.72% 7.9¢ alcidion group limited

ALC Chart, page-1558

  1. 1,431 Posts.
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    Strange, I could view it last night no problems, but now it's behind the pay wall.

    In short:

    - This 2010 PE fund has performed poorly
    - They extended the end date to 2017 (they mentioned November somewhere)
    - ALC referenced as being "loss making", i.e. trying to cast this investment in a poor light given it hasn't boomed and lead to a successful sale
    - A few of their other investments have been average also
    - At the end of the article there was a nice cheap shot by the fund manager at fund investors who have been critical of their performance: "if you don't want to take risk then put your money in the bank". I had a laugh at that bit, clearly something you would say when you have lost peoples money

    Anyway it wasn't overly focused on ALC, but very focused on the fact that this fund needs to make exits of it's (from memory) 4 remaining holdings in order to wind up the fund.
 
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