Meeting date is 19th February 2026 (make your proxy voting online though by Feb 16th), and it is very important all shareholders no matter what size make it a strong priority to get their vote in well before the date to have their say. It may be very close.
Continue reading “HUMM GROUP LTD (ASX:HUM) BOARD SPILL 2026”
PGF ASX PM Capital Global Opportunities Fund vs VG1 ASX VGI Partners Global Investments
Continue reading “PGF ASX PM Capital Global Opportunities Fund vs VG1 ASX VGI Partners Global Investments”
I have been in touch with a range of disappointed shareholders in Tribeca Global Natural Resources Ltd (ASX:TGF). Without having accessed details of the latest share registry information of holders, I was of the view that there could easily be a group of 5% of the company that may wish to let the board know of their disappointment.
Continue reading “TGF ASX LETTER TO THE BOARD RE STRATEGIC REVIEW & PERFORMANCE”Here is my medium / long term ASX LIC performance comparison of the most popular LICs against relevant ASX index ETFs.
Continue reading “ASX LICs PERFORMANCE COMPARISON IN 2025, WHICH IS THE BEST vs INDEX ETFs?”Every man and his dog with a social media account is commenting on the US election, and with theories on what the Trump win means for investors.
I am not making any changes to my positioning as a result or making any comments on this.
It did however make me ponder, given we are in AGM season now, the issue of whether shareholders bother to vote.
Continue reading “MAKE YOUR VOTE COUNT WITH THE DOGS OF THE ASX”According to an article on LICs from Firstlinks earlier this year, “the number of LICs listed on the ASX peaked at 115 almost six years ago and is down to 88 now.”
As I shall touch on further down, more strategic reviews of ASX LICs are currently taking place so the number should again decline further over the next year.
Continue reading “THE DEATH OF CLOSED END FUNDS OR ASX LICs”Here is my medium / long term ASX LIC performance comparison of the most popular LICs against relevant ASX index ETFs.
Continue reading “ASX LICs PERFORMANCE 5 YEARS TO 2024, WHICH IS THE BEST vs INDEX ETFs?”A few factors in recent times have led me to reflect on whether some funds known for shareholder activism perform well.
Sometimes it is ironic to see these funds trade at large discounts to NAV, yet often the activists have criticized other funds for this very reason.
In Australia, we are close to a decade from when a few activist style LICs launched, so surely that is long enough to judge to some extent?
An overseas activist fund is slowly building up some stakes in ASX closed end funds, so I thought it would also be interesting to check out some US activist funds.
Continue reading “DOES SHAREHOLDER ACTIVISM WORK?”This is a follow up post from a couple of weeks ago from my question whether IS LIC VG1 ASX ABOUT TO WIND UP OR CONVERT TO OPEN ENDED? – Value Investing for a living?
What has happened since this above post?
Continue reading “SHOULD PGF ASX TAKEOVER VG1 ASX?”Pressure is on Regal Partner’s listed VGI Partners Global Investments (ASX:VG1) vehicle to address the large discount to NTA.
Considering converting to open-ended class might be better for Regal Partner’s bottom line in the long run, not to mention long suffering shareholders.
Continue reading “IS LIC VG1 ASX ABOUT TO WIND UP OR CONVERT TO OPEN ENDED?”