Redefine International has announced its results for the year ended 31 August 2016. Its EPRA NAV per share fell to 40.0p (2015: 41.0p), a decrease of 2.4%, incorporating a one-off impact of AUK portfolio acquisition costs and a 1.0% increase in UK Stamp Duty Land Tax. Earnings per share were flat at 3.2p and they are […]
UK Mortgages has published its first set of accounts, covering the period from 10 June 2015 to 30 June 2016. At the end of the period, the NAV was 94.95p, the share price 96.75p and they had declared dividends totalling 3p for the period. They say that the pace of investment has been slower than […]
Mariana Resources Ltd. (MARL:AIM) (MRA:TSXV) Reports assay results for Hot Maden Project; a total of 13 infill and extension, diamond drill holes with drill log data provided for a further 7 holes for which assays are pending. The drill program is to reduce drill hole spacings to 25m intervals in order to provide detailed geotechnical data for […]
Fidelity Asian Values’ NAV increased by 33.8% over the year ended 31 July 2016, outperforming its benchmark by 18%. The company delivered a return to shareholders of 33.3%. The board is recommending a dividend of 4.50 pence per ordinary share, an increase from 2.00p in 2015. Fidelity Asian Values plans bonus issue of subscription shares Fidelity Asian Values’ board […]
JZ Capital Partners has announced its interim results for the six-month period ended 31 August 2016. JZCP’s net asset value per share increased from $10.15 to $10.40, or 2.5% in dollar terms, equating to a 3.9% total return in dollar terms. The Board has declared an interim dividend of 15.5 cents per share, compared to 16 cents (paid […]
Sale of intu Bromley intu properties plc has exchanged contracts to sell its 63.525 per cent stake in intu Bromley to Alaska Permanent Fund Corporation (‘APFC’) for GBP177.9 million, representing a premium to its 30 June 2016 valuation of GBP175.9 million. The topped-up net initial yield based on market value at 30 June 2016 was […]
Target Healthcare REIT Limited has completed the acquisition of a purpose built care home in Tonbridge, Kent. They paid approximately GBP12.2 million for the property, including acquisition costs. Target Healthcare had previously entered into a forward commitment to acquire this property. This is a purpose built home which was completed in early October 2016. It has 101 bedrooms […]
During the six months ended 31 August 2016, BlackRock Smaller Company’s net asset value increased by 8.8% to 1079.28p per share, marginally underperforming its benchmark by 0.7%. The fund’s share price increased by 3.8% to 895.5p per share over the same period. The FTSE 100 Index rose by 11.2% over the period, the FTSE 250 Index […]
Aberdeen Asian Smaller Companies reports a “good set of results for the year ended 31 July 2016”. The net asset value total return was 18.4%, while the share price increased by 19.4% reflecting a slight narrowing in the discount from 11.9% to 11.4%. In comparison, the MSCI AC Asia Pacific ex Japan Index returned 17.6% and […]
Petra Diamonds (PDL-LN): Q1 2017 (1 July – 21 October 2016), production up 30% over Q1 2016 to 1,097,523 carats, due to the positive increase to initial production from undiluted areas, improving run-of-mine (RoM) grades at both Cullinan and Finsch and increased tailings production from Kimberley Ekapa Mining. The company is on track to be cash flow […]
