Added to YB: 2025-06-18
Pitch date: 2025-06-16
CYN.L [neutral]
CQS Natural Resources Growth and Income plc
+70.71%
current return
Author Info
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Company Info
City Natural Resources High Yield Trust plc is a close ended balanced mutual fund launched and managed by CQS Asset Management Ltd.
Market Cap
GBP 131.5M
Pitch Price
GBP 1.97
Price Target
2.24 (-33%)
Dividend
3.22%
EV/EBITDA
N/A
P/E
-28.81
EV/Sales
-471.85
Sector
Capital Markets
Category
special_situation
Liquidations Watchlist - CQS Natural Resources G&I Ord
CYN.L (liquidation overview): Fund's tender offer for 100% shares may lead to liquidation if >60% tendered; Saba (29% owner) will tender. NAV £2.24. Board offering non-tendering shareholders 20bps fee reduction & increased dividend from ~3% to 8% of NAV (~8.7% at current price). Results announced July 1st.
Read full article (1 min)