BlackRock Income Strategies says the six months to 31 March proved to be a challenging period for it and its resulting investment performance has been disappointing. The NAV fell by 0.9% over the period under review and the share price fell by 4.8%. Since the period end, the Company’s cum income NAV (with debt at fair value) […]
Vietnam Infrastructure Limited has announced that it is divesting its entire stake in the Vina-CPK Limited Company (“Vina-CPK”). The company is located in Vinh Phuc, Vietnam, and operates industrial park and infrastructure projects with an investment license of up to 49 years which was acquired by VNI in 2009. VNI will dispose of its entire […]
Schroder Real Estate has published results for the year ended 31 March 2016. Over this period the asset value increased to GBP322.6 million or 62.2p per share, from GBP299.2 million or 57.7p. This reflects an NAV increase of 7.8% and a total NAV return, including dividends, of 12.3%. Dividends of GBP12.8 million or 2.48p were paid during the year which, based on […]
Further to its recent announcement of the selection of the main contractors for its of its North Yorkshire polyhalite project, Sirius Minerals Plc has concluded a new, 10-year offtake agreement with Yunnan Dian Huang Peony Industrial Group Co Ltd (Dian Huang), which is a producer of peony seed oil. The annual quantity covered by the […]
Gabelli Value Plus+ has published its first Annual Report to shareholders since it listed on the London Stock Exchange on 19 February 2015. The company delivered a net asset value total return of +3.9% from the starting net asset value level of 99p per share over the year to the end of February 2016. This […]
In the year to 31 March 2016, the NAV of Montanaro UK Smaller Companies (excluding current period revenue) rose by 0.7% to 558.4p in comparison with a gain of 1.4% by the Numis Smaller Companies Index. During the same period, the company’s share price fell by 0.4% to 461.0p reflecting the widening of the discount which […]
JPMorgan Japan Smaller Companies’ undiluted total return on net assets, net of fees and expenses (or portfolio return) for the year ended 31st March 2016, was 13.9%, versus 6.9% for the benchmark. The company’s diluted return on net assets, which assumes that all of the subscription shares in issue were exercised at the rate of […]
Edinburgh Worldwide Investment Trust has published results for the six months to 30 April 2016. Over the six month period the company’s net asset value per share increased by 0.9% while the comparative index (the S&P Global Smaller Companies Index) increased by 5.6%. The share price rose by 1.2%. Revenue losses per share were 0.35p (six months […]
Lindsell Train has announced results for the year ended 31 March 2016. In a year when the company’s net asset value total return per share increased by 11.9%, the share price (adjusted to include dividends) was up by 35.6%. This resulted in a significant increase in the share price premium to NAV, up from 5.9% […]
Oakley Capital Investments Limited has announced the successful completion of the Initial Public Offering of Time Out Group plc raising GBP90 million (gross). Oakley Capital Private Equity LP invested in Time Out to support the transformation from traditional print based media such as magazines and guidebooks to digital and mobile platforms. Since OCPE’s initial investment, Time […]
