Derwent London has published interim results covering the first half of 2015. Over this period, its EPRA net asset value per share increased by 10.9% to 3,226p from 2,908p. EPRA earnings per share were 33.97p, 16.5% up on the equivalent period last year – this was on the back of a 21.9% increase in PBT and […]
Fondul Proprietatea has published interim results covering the six months ended 30 June 2015, its first since listing in London in April. Over this period the total return on net assets was 1.9% but the discount widened from 26.1% to 32.9% and this meant the return to shareholders was -5.8%. Romania underperformed most markets in […]
Centamin has reported EPS of USc1.65 for Q2 2015, up 67% from the corresponding quarter of 2014, but down from the USc2.50 earned in Q1 2015. Gold production rose 32% yoy, to 108 koz, and remained broadly in line with the first quarter of 2015. On the back of the higher production at its Sukari […]
Ranger Direct Lending has published its first set of figures covering the period from its launch on 25 March 2015 to the end of June. After initial launch costs of 1.63% of NAV, the Company had a NAV of $15.14 per share upon listing, with the NAV per share growing to $15.16 on 30th June […]
Picton Property Income has acquired the freehold of a retail warehouse in Sheffield, for £17.7m, reflecting a net initial yield of 6.6%. The property is well located close to Sheffield city centre, in an established retail warehouse location and adjacent to Queens Road Retail Park. It was built in 2002 on a nine acre site, […]
RIT Capital Partners delivered a 6.4% return on net assets for the first half of 2015 and an 11.8% return to shareholders, both of which compare well to the 2% return on RPI+3% per annum and 3% return on the MSCI AC World Index. The dividends for the first half totalled 30p, 2% higher than […]
Prospect Japan has published interim figures covering the first half of 2015. We are having trouble understanding the statement – the text says “The Prospect Japan Fund (the “Company”) underperformed the MSCI Japan Small Cap Index (Total Return) by 26.7% in the six months to 30 June, 2015 (falling by 12.3% against a total return […]
Witan’s results for the first half of 2015 show it beating its benchmark by 1.9% – delivering a total return on net assets of 5.5% compared with a return of 3.6% for the composite benchmark (the FTSE All-Share Index 40%, the FTSE All-World North America Index 20%, the FTSE All-World Europe (ex UK) Index 20% and the […]
Adams, which used to be (until March 2013) and eastern European property company, Carpathian, and is now focused on the technology and life sciences sectors, sold or shut down the last of its legacy assets over the year ended 31 March 2015. It is one of the smallest listed investment companies. The Company delivered a gain of €172,000 on […]
Woodford Patient Capital has published its first set of figures – interims covering the period from its launch until the end of June 2015. The net asset value at the end of the period was 101.86p and the share price 113.5p – putting it on a premium of 11.4%. The Board is planning to issue […]