Dunedin Income Growth’s results for the six months ended 31 July show the fund’s asset value falling by 2.1% and the share price by 4.7% despite a 2.8% positive return on the FTSE All-Share. on the dividend, they say they intend to make three equal distributions of 2.575p in August, November and February and to pay […]
Kuala Innovations has subscribed for 1,471 ordinary shares of SatoshiPay at a price of EUR108.76 per SatoshiPay Share, for total cash consideration of EUR159,985.96. At the price paid by the Company, SatoshiPay has an aggregate value of approximately EUR1.6 million. SatoshiPay is developing a two-way payment platform, which will enable online content providers to monetise […]
Nord Gold, one of the fastest growing gold companies in the world, updated investors on the company’s plans on Monday during the first morning of the prestigious Denver Gold Forum, in Denver, US. Since producing 193 koz in 2008, the company’s gold production has grown at a compound annual growth rate of 31% to 985 […]
Custodian REIT has acquired a 19,493 sq ft trade counter unit on Stephenson Road, North Hykeham, three miles south-west of Lincoln and one mile from the A46. The unit is let to MKM Building Supplies Limited on a lease expiring on 10 June 2022. Net passing rent is GBP169,711 per annum, reflecting a net initial yield of […]
City of London beat the FTSE All-Share Index over the year ended 30 June 2015, delivering a total return on net assets of 6.4% and a return to shareholders of 7.2% against a 2.6% return for the index. The NAV and shareholder return were in the same ball park as the 7.0% return posted by the UK […]
Strategic Equity Capital (which we recently published a note on) has announced results for the year ended 30 June 2015. The Company’s Net Asset Value Total Return per share was 25.8% over the twelve months ended 30 June 2015, exceeding the comparable FTSE Smaller Companies ex Investment Companies Index by 17.4% over the same period. Shareholders did much […]
Electra has announced that yesterday afternoon it received from Pershing Nominees Limited on behalf of Sherborne Investors (“Sherborne”) a requisition for a General Meeting at which resolutions will be proposed seeking to appoint Edward Bramson and Ian Brindle to the Board of Electra. As shareholders are aware, this is the second time Sherborne has sought […]
Last night Advance Frontier Markets published results for the year ended 30 June 2015. Over that period the fund’s net asset value fell by 11.2% and the share price fell by 10.9%. The MSCI Frontier Markets Net Total Return Index declined by 13.9% over the period. The manager says asset allocation, manager selection and discount movements […]
Globalworth Real Estate has released its interims covering the six months ended 30 June 2015 and a trading update that covers the period to the middle of September. On 15 September the portfolio had a gross lettable area of 335,883sqm, a value of €808.4m and the projected value once all developments have been completed was […]
SQN Asset Finance has published its first annual report covering the period from launch in July 2014 to the end of June 2015. At the end of June SQN had a market cap of £193.3m, assets of £178.9m, an NAV per share of 99.93p and had paid dividends totalling 4.28p. The share price at the […]
