Good results from both FPH / MFT ... both expecting good growth in FY25 ...bodes well for their SPs thus KFL ...FPH / MFT / IFT ...doing well in FY25 ensures KFL will do well in FY25 . :t_up:
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Good results from both FPH / MFT ... both expecting good growth in FY25 ...bodes well for their SPs thus KFL ...FPH / MFT / IFT ...doing well in FY25 ensures KFL will do well in FY25 . :t_up:
KFL is an active manager but not really active aye.
If the warrants end up being a dud then they have no new big capital injection.
Questions.
If the warrants do get across then line then what stocks do you think the fund managers will invest the funds in.
If the warrants are not exercised, then will the fund managers go again straight away and issue a new round of warrants.
warrants are most likely dud this time ...they just invest the new funds in original portfolio ...new money doesnt mean new stocks
Yes then after few months we will have new warrants issue and which will be more attractive like BRM ie surely to get exercised types
From original holder's perspective warrants not getting exercised this time offers reprieve from NAV dilution ...thus makes KFL currently more attractive then BRM if all other stuff being equal
KFL cant do things like some small investors here do ...most small stocks like TWR / TRA / 2CC etc are too thinly traded
With other steady yield stocks like SPK / GNE / HGH etc doing badly ...KFL still is offering regular income while SP being steady ...surely have some SP upside also in 2-3 years time ...but KFL investors are mainly income seekers not mainly capital gains hungry ...but that possibility is surely there eventually
PS : But if u opt for DRP then it grows like a growth stock ...attractive DRP rate too 3% !!
https://www.nzx.com/announcements/428684
This shud satisfy your query ...outperforming index over 20 years period even SR will appreciate ...lol