Added to YB: 2025-09-17
Pitch date: 2025-09-15
GABI.L [bullish]
GCP Asset Backed Income Fund Limited
+4.77%
current return
Author Info
The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. 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 0.65
Price Target
0.79 (+17%)
Dividend
N/A
EV/EBITDA
N/A
P/E
-15.76
EV/Sales
4.40
Sector
Capital Markets
Category
special_situation
Gabi? Or gah don't buy?
GABI.L: Asset-backed lender in managed wind down, ~40% discount to NAV despite Mazars valuing 83% of problem loans recoverable. Trades 65p vs £198M portfolio value. Base case 21% total return, 21.7%-44.7% IRR due to accelerated timeline - 95% of investment back by end-2025 per mgmt plan, 10% dividend yield.
Read full article (4 min)