Originally Posted by
alokdhir
Value Investor Mr B also sees value in KFL at present levels ...as per him ...he is ready to overlook its fund fees etc based on current discount to NAV SP ...which is another endorsement that KFL is great value at current SP
Buying great portfolio at 6% discount shud attract any long term investor . Premiums should be sold and discounts shud be bought ...mantra of KFL
Now buyback starts at 6% discount to NAV after accounting for changes in NZ50G ...that shud provide support around 1.32 !!