TGF 1.20% $1.69 tribeca global natural resources limited

Good value at 26% discount to pre-tax NTA, de-risked due to lower private credit

  1. 1,065 Posts.
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    I have held a small parcel of TGF for a few months have just come back and topped up as I think the huge discount to NTA is unwarranted.
    With the recent full write down in the Paringa investment, I feel this side is not also "de-risked"


    https://hotcopper.com.au/data/attachments/2555/2555935-02df610771b26441a23979b324d7c303.jpg

    Looking through the rational and narrative in the recent reports, I can get behind the investment manager's decisions and allocation.
    Last edited by huabamane: 13/10/20
 
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