In QuotedData’s morning briefing 9 August 2024: Murray International (MYI) announced its interim results for the six month period to 30 June 2024. The NAV total return was 5.5% compared with 12.2% for the company’s reference index. The share price total return was 0.5%, as the discount to the NAV widened from -4.0% at 31 […]
In QuotedData’s morning briefing 7 August 2024: Apax Global Alpha Limited (APAX), announced that it expects to invest approximately €2.5m in greytHR on a look-through basis, a leading full suite human resource management software platform in India. The transaction is due to close in Q3 2024, subject to customary closing conditions. Cordiant Digital Infrastructure Limited […]
Rights and Issues (RIII) announced its interim results for the six month ended 30 June 2024. The company delivered a strong first half with NAV up 13.2% and total shareholder returns reaching 15.8%, outperforming the index which gained 7.4% on a total return basis. The company’s discount narrowed to 8.2% at the end of the period. During the […]
In QuotedData’s morning briefing 6 August 2024: Apax Global Alpha (APAX) announced that Thoughtworks, a portfolio company in the Apax IX Fund, in which Apax Global Alpha Limited is a limited partner, has entered into a definitive agreement to be taken private by Apax Funds for $4.40 per share, which implies a total enterprise value […]
HydrogenOne Capital Growth (HGEN) has released a quarterly NAV and portfolio update. Key highlights for the quarter include: Q2 2024 Key Highlights Net Asset Value per share of the company increased by 2.9% since 30 June 2023; Private portfolio companies delivered an aggregate £76m in total revenue in the 12 months to 30 June 2024, […]
In QuotedData’s morning briefing 31 July 2024: LMS Capital (LMS) announced its interim results for the six months to 30 June 2024. During the period, the NAV return was -13%. Chairman, James Wilson, commented: “The changes to Dacian, whilst resulting in a write down now, we believe have put Dacian on a sound footing going […]
JPMorgan Japanese (JFJ) and Japan Small Cap Growth & Income (JSGI) have announced that the two companies have agreed to a combination where JSGI’s assets will be rolled into JFJ. JSGI shareholders will be entitled to realise up to 25% of their investment in JSGI for cash. The current investment manager of both companies, JPMorgan […]
HydrogenOne (HGEN) has announced that further to its June 19 capital raise (which you can read about here), portfolio company Strohm, the world’s first and leading thermoplastic composite pipeline technology company, has been awarded a contract by TotalEnergies. This is the largest commercial award for pipe supply in Strohm’s 16-year history, marking Strohm’s entry into […]
In QuotedData’s morning briefing 30 July 2024: Fidelity Japan (FJV) announced its interim results for the six months to 30 June 2024. The company delivered a NAV total return of -2.8% and ordinary share price total return of -6.2%. The TOPIX Total Return Index (in sterling terms) returned +6.2% over the same timeframe. The manager […]
Oakley Capital Investments (OCI) has released a trading update with its interim results for the six months to 30 June 2024. The company delivered a NAV total return of 3.8% over the period which was 5.6% before foreign exchange impact. The share price total return was 4.16%. The company noted that the underlying businesses in its […]
