Coronavirus reality finally dawning on the markets.
TGF equity NTA will likely fall 6 to 12% in the near term if they run their ~94% exposure. Commodities, energy and shipping will get baked.
And that's without writedowns of their credit portfolio. See today's announcement. If they are holding the current defaulter at cost then no risk-related writedowns would have been applied to the rest of the credit portfolio. Looks like investors have to make their own adjustments to NTA!
I'll catch the falling knife at some level but I think there's a fair way to drop so I'll let the "buy the dip" clowns or Affluence bagholders get taken to the cleaners first.
- Forums
- ASX - By Stock
- TGF
- Ann: Weekly Estimate of Performance and Market Wrap
Ann: Weekly Estimate of Performance and Market Wrap, page-13
Featured News
Add TGF (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.52 |
Change
0.020(1.33%) |
Mkt cap ! $119.7M |
Open | High | Low | Value | Volume |
$1.53 | $1.53 | $1.51 | $40.27K | 26.53K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20247 | $1.52 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.53 | 6650 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 1.510 |
1 | 664 | 1.505 |
2 | 83400 | 1.500 |
2 | 8000 | 1.480 |
1 | 2781 | 1.475 |
Price($) | Vol. | No. |
---|---|---|
1.530 | 6650 | 2 |
1.540 | 16737 | 2 |
1.545 | 26872 | 3 |
1.550 | 55000 | 2 |
1.560 | 85827 | 2 |
Last trade - 15.24pm 13/09/2024 (20 minute delay) ? |
Featured News
TGF (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online