K1 Ventures

ah, sorry, i made an inaccurate comment on K1 investments in Guggenheim. Thanks v much for the clarification!

I think at AGM, their PR answer will be "K1 alr paid $108m out as dividends for this year, an increase of 69% from the preceding year's $64m as dividends". Thus, evidence we re-distribute as much as we can back to shareholders.

But I reckon its also shareholders right to "register their points across", rather than remain on the silent sidelines. If K1 opted to "retain part of these sale proceeds, i think the next qn to raise it, wat they intend to do with the moolah then". Food for thought - happy Friday folks!

hey specuvestor, wats this "GO Fiasco".. Can enlighten me mah. Thanks guys.

(15-08-2014, 08:58 AM)tealeaves Wrote: ah, sorry, i made an inaccurate comment on K1 investments in Guggenheim. Thanks v much for the clarification!

I think at AGM, their PR answer will be "K1 alr paid $108m out as dividends for this year, an increase of 69% from the preceding year's $64m as dividends". Thus, evidence we re-distribute as much as we can back to shareholders.

But I reckon its also shareholders right to "register their points across", rather than remain on the silent sidelines. If K1 opted to "retain part of these sale proceeds, i think the next qn to raise it, wat they intend to do with the moolah then". Food for thought - happy Friday folks!

hey specuvestor, wats this "GO Fiasco".. Can enlighten me mah. Thanks guys.

Probably just to retain the bullet for next year distribution so that it doesn't look so bumpy...

∆ then should not pay out 5 cents in the first place. If they are looking for smooth div payments

FYI. There is a small Guggenheim fund that was distributed out of KU

(15-08-2014, 12:52 AM)specuvestor Wrote: Looking at their cash flow, disposal of subsi was 153.5m while dividends paid was 151.6m

They could have paid out more from their outstanding 70.6m cash but... Pretty hard to say they withheld the investment proceeds post the GO fiasco

(15-08-2014, 08:58 AM)tealeaves Wrote: ah, sorry, i made an inaccurate comment on K1 investments in Guggenheim. Thanks v much for the clarification!

I think at AGM, their PR answer will be "K1 alr paid $108m out as dividends for this year, an increase of 69% from the preceding year's $64m as dividends". Thus, evidence we re-distribute as much as we can back to shareholders.

But I reckon its also shareholders right to "register their points across", rather than remain on the silent sidelines. If K1 opted to "retain part of these sale proceeds, i think the next qn to raise it, wat they intend to do with the moolah then". Food for thought - happy Friday folks!

hey specuvestor, wats this "GO Fiasco".. Can enlighten me mah. Thanks guys.

Just google "GKB k1"

I didn't do the maths but how do u get $108m?

As per my post above, I'm trying to figure out if u guys are hoping that it will pay MORE than they divested??

(15-08-2014, 10:01 AM)specuvestor Wrote: I didn't do the maths but how do u get $108m?

As per my post above, I'm trying to figure out if u guys are hoping that it will pay MORE than they divested??

http://infopub.sgx.com/FileOpen/k1_4Q.20...eID=310088

Section 13e.
$108m

(15-08-2014, 08:58 AM)tealeaves Wrote: If K1 opted to "retain part of these sale proceeds, i think the next qn to raise it, wat they intend to do with the moolah then". Food for thought - happy Friday folks!

To fast track the Guggenheim investment?

oic that's on a book closing basis, but on a cashflow basis it is $151.6m see section 5

BTW RE of Holdco is only left with $6.5m so any further significant payouts (ex other disposals) have to be capital in nature

(15-08-2014, 12:11 PM)cif5000 Wrote:

(15-08-2014, 10:01 AM)specuvestor Wrote: I didn't do the maths but how do u get $108m?

As per my post above, I'm trying to figure out if u guys are hoping that it will pay MORE than they divested??

http://infopub.sgx.com/FileOpen/k1_4Q.20...eID=310088

Section 13e.
$108m

(15-08-2014, 09:55 AM)opmi Wrote: FYI. There is a small Guggenheim fund that was distributed out of KU

Hi Opmi, would you elaborate more on this statement? Don't quite get it.

(15-08-2014, 06:19 PM)desmondxyz Wrote:

(15-08-2014, 09:55 AM)opmi Wrote: FYI. There is a small Guggenheim fund that was distributed out of KU

Hi Opmi, would you elaborate more on this statement? Don't quite get it.

nZC guggenheim fund
NZC Guggenheim Fund (NZC) is a
feeder fund of NZC Guggenheim
Master Fund which is a diversified
investment fund organized for the
purpose of trading and investing
in a diverse range of investment
securities. The Group received a
0.53% interest in NZC as a distribution
from KUH. To date, the Group has
received cumulative cash distributions
from the fund totaling approximately
US$3.2 million.

(15-08-2014, 09:23 PM)opmi Wrote:

(15-08-2014, 06:19 PM)desmondxyz Wrote:

(15-08-2014, 09:55 AM)opmi Wrote: FYI. There is a small Guggenheim fund that was distributed out of KU

Hi Opmi, would you elaborate more on this statement? Don't quite get it.

nZC guggenheim fund
NZC Guggenheim Fund (NZC) is a
feeder fund of NZC Guggenheim
Master Fund which is a diversified
investment fund organized for the
purpose of trading and investing
in a diverse range of investment
securities. The Group received a
0.53% interest in NZC as a distribution
from KUH. To date, the Group has
received cumulative cash distributions
from the fund totaling approximately
US$3.2 million.

Thanks. This is from AR 2013, any idea what's the size of this fund?