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$1.75 partners group global income fund

Hi Nige,With PGG you mentioned above that you can get more in...

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tim85

27 Posts.

20/11/19

22:12

Post #: 41542069
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Originally posted by Nige456: ↑

yep. fully agree, re strategy as well. mostly for my previous term deposit type funds(when it was atleast 6-7% just a few years ago), these i am doing. I figure atleast beating bank is better than nothing, as well as no risk of a complete dud as most will hold up above NTA. Sometimes will do good with flipping, e.g. i flipped PGG @ $2.05 in 2 days, and i can get more in the next placement @ $2.00.

I have bid for stock in the GCI shortfall @ $2.01 issue price, lets see how scalebacks go. That is similar to a safety of bank hybrid being an RMBS security. Bank hybrids trade for around 270-280 margin, this one is 350 margin @ 4.5% yield, so can trade up to $2.08 on my calculations. They said thats the last GCI placement for some time which will help supply. Previously was trading up to $2.08.

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Hi Nige,
With PGG you mentioned above that you can get more in the next placement, when is this happening and how can you get more? They will open it to everyone?

PGG Price at posting: $2.04 Sentiment: Buy Disclosure: Held
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