I realise that nobody seems interested in this forum much any more, but for information BDO has recently posted its 5th Report on the FMIF. who knows somebody may find it "interesting"
For the information of investors in the LM Wholesale FMIF where Trilogy is the RE
Trilogy has this day posted an update for Investors regarding the Wholesale fund, its dated 12 Feb 2014. I am reliably informed that the next BDO report #4 will be on the BDO website by weeks end
Judd you are of course correct, the owner/sole developer is a P.D. company, BUT I think its more complicated than that as both the FMIF and the MPF had loans to this development. Questions have been asked about this and what was the sale price and who got the money from the sale. The answer...
Hi again dinga, are you back in circulation taking an interest in the Forum you created? Sorry about not posting the link as I am not as computer literate as some others
If back interested in all this BS that's great, If NO I really don't blame you because there is no Positive news after...
For Investors in the FMIF
It is my understanding that the Third Investor report by BDO will be available by the end of this week. Hopefully it will contain some useful info re Asset Values and resultant CPU figures
As investors in the FMIF and/or its feeder funds do fellow investors share my concerns re the latest Investor update from BDO
Specifically the estimated return of APPROX 27c in the $ based on a $185 Mil that may be realised
It needs to be remembered that as at June 2012 the FMIF was...
Dear bigheadache, and Mysteryman
The interchange is interesting and I could easily agree with many comments from both of you in your most recent postings
From my perspective the FMIF was and now still is ILLIQUID- I am sure you will both agree?
So is it - to use Trilogy's word SOLVENT...
Information for LM WFMIF investors
Trilogy has just placed some information on its Website regarding the recent court decision and how it may effect investors in the Wholesale FMIF, where Trilogy is still the RE
The update information is dated 15 Aug 2013
As an Investor in the WFMIF...
Re: It's been a week!
The latest info available is on the LM website, under FMIF . Having already asked FTI how long it may take they only said it could take some time as Judge had a lot of material to consider (refer Affadivits) I guess we will just have to wait and hope the Judge...
Re: LM Investment Management Limited - Receiver Appointed
Loiner
Sorry don't know who can answer your questions, but its clear that FTI have again mislead Investors. The recent Report Doc by RE - FTI - had a section on DB, where they believed the loan would not have to be Fully Repaid...
Re the most Recent LM Capital Distribution
LM/FTI previously advised (in writing, more than once) that the WFMIF would receive $844,695.05 as its part of the approx $4.27Mil Capital Distribution (June/July)
What actually happened is that LM/FTI paid to Trilogy ONLY $766,199.21, and...
All there is an interesting new Affidavit from Stephen Russell (on behalf of FTI) sworn on 4 July 2013 its under the litigation section. Investors in the FMIF and feeder funds may find this interesting
Can anyone post the Ninth KM update as info please
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