Hardman & Co Research
Hardman & Co Research: Volta Finance Ltd (VTA): Q&A with Hardman analyst
12-May-2020 / 10:16 GMT/BST
Hardman & Co Research: Q&A with Hardman analyst
In this note, we provide investors with a detailed Q&A with Volta's Directors
and Manager on the key issues as we see them today. These are structured into
risk management (exposed sectors where loans are typically >30% below par make
up just 10% of the portfolio, solvency is strong and there appears to still be
a liquid market at a modest discount for many assets). We consider Volta's
re-investment opportunities and focus on the revised dividend prospects. Volta
marks to market most of its assets and thus captures both "real" losses and
investor sentiment (ca. two thirds of March's losses), which may reverse over
the next year or two.
Please click on the link below for the full report:
https://www.hardmanandco.com/research/corporate-research/qa-with-hardman-analy
st [1]
If you are interested in meeting the company, you can register your interest
by clicking on the above link
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Hardman & Co Mark Thomas mt@hardmanandco.com
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www.hardmanandco.com
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End of Announcement - EQS News Service
1042053 12-May-2020
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(END) Dow Jones Newswires
May 12, 2020 05:16 ET (09:16 GMT)
