NTA is way above 142.Add in increases in value for holdings...

  1. 48 Posts.
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    NTA is way above 142.
    Add in increases in value for holdings in:
    VLW
    VSC
    BRU
    BNO
    Plus the value of 50% of fund manager, concise asset mgmt, FUM over $1b, in the books at almost nil.
    Plus the value of 50% of finemore transport, at cost of investment plus retained earnings, should be worth half as much again.
    All other assets probably close to book value.
    Last time I added all these up a couple of months ago, NTA was over 170.
    The company has a history of undertaking regular buybacks, in my estimate, at about 70% of nta.
    If you are interested in a company with a blend of venture capital, good old value investing, activist investing and property, this is it.
    I've been in for 5 years and whilst the share price is unlikely to suddenly increase, I'm looking forward to a long steady ride at above bank interest and above average stock appreciation.
    Management is good. Buybacks, special dividends too, they know how to mange capital.
    Dallek1
 
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Last
$2.10
Change
0.000(0.00%)
Mkt cap ! $244.9M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 499 $2.00
 

Sellers (Offers)

Price($) Vol. No.
$2.50 1000 1
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Last trade - 16.21pm 29/07/2025 (20 minute delay) ?
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