Added to YB: 2025-05-09
Pitch date: 2025-05-08
GABI.L [neutral]
GCP Asset Backed Income Fund Limited
+8.14%
current return
Author Info
Liquidation stocks is focused on liquidation and wind downs of listed stocks. I cover USA, Canada, UK, Europe, Australia, NZL, Japan, Hong Kong and other countries. Sign up for the newsletter.
Company Info
Project Finance Investments Limited is an investment firm based in Jersey, Channel Islands.
Market Cap
GBP 140.1M
Pitch Price
GBP 0.62
Price Target
0.82 (+21%)
Dividend
N/A
EV/EBITDA
N/A
P/E
-15.76
EV/Sales
4.40
Sector
Capital Markets
Category
special_situation
Liquidations: Watchlist - GCP Asset Backed Income
GABI.L (liquidation watchlist): UK fund providing asset-backed loans (~77% performing) to housing sector. NAV £0.818, 9% dividend yield declining as loans repaid. Problem loans (23%) written down. UK property market stabilizing. Full asset realization and capital return expected by 2027. 3-year time horizon.
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