Templeton Emerging Markets Income Fund T.TEI

Primary Symbol: TEI

Templeton Emerging Markets Income Fund (the Fund) is a closed-end management investment company. The Fund seeks high, current income, with a secondary goal of capital appreciation, by investing, under normal market conditions, at least 80% of its net assets in income-producing securities of sovereign or sovereign-related entities and private sector companies in emerging market countries. The Fund invests in bonds from emerging markets around the world to generate income for the Fund, seeking opportunities while monitoring changes in interest rates, currency exchange rates and credit risk. Its investment portfolio includes foreign government and agency securities, corporate bonds, convertible bonds, and short-term investments. Its markets are located in the Asia Pacific region, Eastern Europe, the Middle East, Central and South America and Africa. The Fund's investment manager is Franklin Advisers, Inc.

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Templeton Emerging Markets Income Fund > Too slow!

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Comment by HRc60to65on Mar 13, 2020 7:03pm

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Post# 30806565

RE:RE:RE:RE:Too slow!

As publishes today, reserves are valued from 33.3M$ (at 20% discounted) to 53.8M$ undiscounted.
Tax pool value is at a minimum of 25M$.

TEI value is 58M$ to 79M$ or 0.40$ to 0.54$ per share.

That means a low ball offer will be at book value 0.075$/share and a good offer at 0.27$/share.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle