first eagle results, like to keep an eye on things...
looks like they are not hedged with that massive YTD return of MINUS 53.69% on its NCM holding,,which of course is much much much higher now as its not the 30/8/2013,,and the share price isn't 13.30...............
looks like fund just went nuts buying all over the place and are really underwater for their investors,,,imo,,,those investors start bailing,,,,first eagle wont have much choice,,,I mean a manager that loses that much so quick is bound to get redemption imo, ahh but time will tell,,,they have a massive share of debt,,,no income and falling capital investment,,,,,,,,,,,,,,,sure to be a few that don't their statements...... or maybe such massive TYD losses are a good thing..
....
definite risk to the share price imo, big fund managers like to smash each other, not just the little guys.....
Anyhoo see how it plans out....got the info from google finance
they go,,,,many will be be very unhappy
- Forums
- ASX - By Stock
- NCM
- capital raising coming?
capital raising coming?, page-34
-
- There are more pages in this discussion • 45 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)