TGF 2.21% $1.55 tribeca global natural resources limited

Ann: Estimated Weekly NTA as of 5 May 2023, page-2

  1. 105 Posts.
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    LOL. Launched almost 5yrs ago in October 2018 with NTA of $2.50

    Has paid one 12.5c dividend in the whole time. NTA as of 4th May 2023 is: $2.28

    TGF has returned -3.97% annualised in Total Shareholder Return. The cumulative loss is almost 20%!!

    That's all before inflation which is running at 7%!!

    https://hotcopper.com.au/data/attachments/5254/5254969-da22cdd92e1fd1454afcd335dcf799d9.jpg

    Oh, but commodities are volatile, all such investments have probably underperformed?@!

    Well here's BHP over the exact same timeframe: 15.76% annualised. The cumulative gap over almost 5 years is enormous!!

    https://hotcopper.com.au/data/attachments/5254/5254988-14b4698d8374e38e96a2db95da90c4b8.jpg

    Laughably, TGF investor presentations claim (after almost 5 years!) to have superior risk adjusted returns and to be targeting investment returns of 15% annualised after all costs!!

    TGF boosters like Oracle have gone into hiding like some pump and dump version of the witness protection program. Is there anyone left to defend this montrosity?

    https://hotcopper.com.au/data/attachments/5255/5255014-85a387ebc00fb2992e6aebbc78f88df1.jpg
 
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