In QuotedData’s morning briefing on 23 October 2024: Home REIT (HOME) announced that it has sold a further 152 properties at auction for a total of £26.8m. Following the completion of these sales, it has sufficient proceeds to fully repay the outstanding Scottish Widows loan, which amounted to £72.0m as at 30 September 2024. It […]
Volta Finance (VTA) announced its annual results for the 12 months to 31 July 2024. The company saw a NAV total return of 19.7%, while the share price total return was 13.6% with the discount widening to 27.1% despite the strong results. The dividend was maintained in line with the board’s current policy of 8% […]
In QuotedData’s morning briefing 16 October 2024 Invesco Perpetual UK Smaller Companies Investment (IPU) announced its interim results for the six months to 31 July 2024. The company saw a strong NAV total return of 13.8%, ahead of the benchmark index return of 12.1%. Shares were up 13.3%. IPU also paid its first interim dividend […]
Seraphim Space Investment Trust (SSIT) has announced its annual results for the year ended 30 June 2024. The company saw a NAV total return of 2.6%, while shares rallied 102.2%. The strong performance saw the company’s discount narrow significantly, although the share price remained depressed at a discount of 43.2% highlighting the extent of the […]
In QuotedData’s morning briefing 8 October 2024: Literacy Capital (BOOK) has announced a variation to the terms of its investment management agreement increasing the fee payable to the investment manager to 1.5% of the adjusted audited net asset value as at the end of that year effective from 1 January 2025. The current entitlement is […]
Long suffering Chinese investors finally have something to cheer about. The CSI 300, the broad-based index of China’s largest companies, is now up an astonishing 27% off its mid-September lows as the People’s Bank of China (PBoC) and politburo announced an array of measures and fiscal rhetoric to support equity markets and the broader economy. […]
VietNam Holding (VNH) announced its annual report for the twelve-months to 30 June 2024. The company delivered an impressive NAV total return of 23.6% for the full-financial year, comfortably outperforming a 9.5% increase in the benchmark index. The fund also performed better than its peers by a notable margin.. The share price return was up […]
In QuotedData’s morning briefing 2 October 2024: RTW Biotech Opportunities (RTW) announced a new investment in Aktis Oncology, a clinical-stage biotechnology company pioneering the discovery and development of novel targeted alpha radiopharmaceuticals to treat a broad range of solid tumours. RTW, alongside other investment vehicles managed by RTW Investments (the investment manager), co-led Aktis’s Series […]
In QuotedData’s morning briefing 1 October 2024: Baillie Gifford China Growth Trust (BGCG) announced its interim results for the six months to 31 July 2024. The company delivered a NAV total return of 10.2%, trailing the benchmark index return of 12.0%. The share price rise was 4.1% as the company’s discount to NAV expanded from […]
Chrysalis Investments (CHRY) announced that it has agreed to a £70m debt facility with Barclays Bank. In addition to the committed £70m, the facility also includes an uncommitted accordion of £15m. The announcement comes after recent discussions that the company was considering options to enhance liquidity and so enable its capital allocation policy to take […]
