As of 31 December 2015, Riverstone Energy had a NAV per share of $15.95. This implies a year-on-year decrease of 36 cents per share. However, the strengthening of the U.S. dollar resulted in the Sterling NAV per share increasing by 36 pence when compared with the previous year, from 1047p to 1083p. Part of the decrease […]
After Alpine Select’s announcement that it planned to try to force its way onto Altin’s Board, kick out three directors and pay out a large proportion of Altin’s capital, the Altin Board has responded. “The Board of Directors of ALTIN AG (“ALTIN”), after careful consideration, categorically rejects the proposals of Alpine Select AG (“Alpine Select”) […]
JPMorgan Overseas says, for the second half of 2015, the total return on the Company’s net assets was +1.2% and the return to shareholders was +2.5% compared with the return on its benchmark, the MSCI AC World Index (in sterling terms) of +1.5%. The manager says positions in a number of high growth companies performed strongly, including […]
F&C UK Real Estate generated a net asset value per share total return of 5.6% for the six months ended 31 December 2015 on the back of an ungeared portfolio return of 4.7%. The share price total return was 4.8%. The shares were trading at a slight premium to the NAV of 1.9% at the period […]
Law Debenture’s results for 2015 show its net asset value total return for the year to 31 December 2015 was down 0.3%, compared to a total return of 1.0% for the FTSE Actuaries All-Share Index. Net revenue return per share was 18.1p, an increase of 6.8% over the previous year, as a result of a […]
Bluefield Solar Income Fund delivered an above-target dividend of 7.25 pence per share for the year ending 30 June 2015, and has paid a dividend in the period of 3.25 pence per share for the current financial year. They say, notwithstanding the reduction in power prices during the period, attractively priced acquisitions and strong contractual […]
Derwent London is reporting that its EPRA net asset value per share increased by 21.6% to 3,535p from 2,908p at 31 December 2014, and by 9.6% from 3,226p at 30 June 2015. Net rental income increased 7.8% to £138.7m from £128.7m in 2014. EPRA profit before tax rose 31.0% to £81.6m from £62.3m last year […]
The Board of M&L Property & Assets announces that it has been informed by the Company’s asset manager, M & L Capital Management Limited, that unauthorised sales of Company properties have apparently taken place and that there is a possibility that Company funds have been misappropriated. The Board is urgently investigating this matter and will report […]
The total return on net assets of Temple Bar in 2015 was -1.0% which compares with a total return for the FTSE All Share Index of 1.0%. This is the first year in which the Company has paid dividends on a quarterly basis. There have already been three interim dividend payments of 7.93p per share […]
Honeycomb Investment Trust has announced that it has agreed to acquire a portfolio of consumer loans from Caledonian Consumer Finance Limited and Carnegie Consumer Finance Limited for a purchase price of £15m. Caledonian is separately expected to acquire 700,000 ordinary shares in the Company from Pollen Street Capital Holdings Limited, an affiliate of the Company’s Investment Manager, Pollen Street […]
