Ariana Resources Plc (AAU:AIM) The completion of a scoping study for the Tavsan Project in Turkey reveals excellent results. Tavsan is part of the Red Rabbit JV with Proccea Construction Co. and will be 50% owned by Ariana once mine construction at the Kiziltepe Sector is completed in Q4 2016. The Tavsan project is planned to be […]
The Board of Better Capital PCC Limited has received an update from the General Partner of the Better Capital Funds ahead of the release of the Interim Report to 30 September 2016. 2012 Cell NAV may fall by 14% Everest is expected to close FY16 with positive EBITDA better than prior year albeit, significantly below […]
Workspace’s EPRA net asset value per share was down 0.9% over the six months ended 30 September 2016, falling from 923p to 915p. Adjusted underlying earnings per share rose 15.2% to 14.4p as net rental income was up 6% to £38.0m. The interim dividend has been upped by 40% to 6.8p. Net initial yields shifted from 5% […]
JPMorgan Japan Smaller Companies Trust reports that its NAV return for the half year ended 30th September 2016, was 14.1% (15.4% adjusting for the effect of the subscription shares), versus 22.5% for the benchmark. The share price total return was 16.5%. The Board was notified during the period of Naohiro Ozawa’s decision to resign from […]
The £733m Woodford Patient Capital trust appeared in the top ten worst performing funds in NAV terms in October according to the latest research from investment company analysts QuotedData. The trust, ran by star manager Neil Woodford, was down 5.1% for the month, making it the fifth worst performing fund in NAV terms in the […]
Henderson International Income Trust very marginally underperformed its benchmark over the year to 31 August 2016. The total return on the net asset value was 26.9%. The return on the ordinary share price was 24.0%. These returns compare to a total return of 27.2% in the MSCI World (ex UK) Index (sterling adjusted). They also announced a dividend […]
Savannah Resources Plc (SAV:AIM) Announces an initial resource estimation on the Jangamo and Dongane deposits which form part of the Mutamba project in Mozambique. Savannah currently holds a 10% interest in the Mutamba project with partner Rio Tinto and has the right to earn 51% upon completion of key milestones. CEO, David Archer said: “Savannah believes that […]
The commitment period of FOIF LP (the “Master Fund”) in which Fair Oaks Income Fund is invested ended in June 2016. The Company has subsequently introduced a redemption mechanism to return to Shareholders capital realised from the Master Fund and has made its first distribution under that mechanism. Fair Oaks Capital Limited, the Company’s investment […]
Fidelity Special Values just failed to keep pace with its benchmark over the year to 31 August 2016, delivering a NAV return of 9.9% against 11.7% for the index. The total dividend for the year is 3.7p, 10.4% higher than last year. The discount widened from 2.0% at the start of the reporting year to 10.0% […]
Over the six months to the end of September, both Scottish Mortgage’s net asset value (NAV) and price per share rose by 25% on a total return basis; for context, the FTSE All World Index rose by 18% over the same period. All three of these figures were favourably influenced by the falls in the pound against […]
