So far, it’s been a very quiet day for news. Princess Private Equity has provided a covid-19 update. The key takeaway is that, given current uncertainty, it is cutting its dividend by half for FY2020 to €0.29 per share (FY2019: €0.58 per share). Intu has appointed David Hargrave, as “chief restructuring officer”. He will also […]
Temple Bar has announced that the respected value manager Alastair Mundy, who has been the individual portfolio manager of the Trust since 2002, has been given an extended leave of absence by the trust’s manager, Ninety One, for health reasons. With immediate effect, Alessandro Dicorrado and Steve Woolley have been appointed by Ninety One as […]
Middlefield Canadian Income (MCT) has announced its results for the year ended 31 December 2019. During the year, MCT provided an NAV total return of 27.3%, outperforming both its Benchmark and the S&P/TSX Composite Index, which returned 26.9% and 23.9%, respectively. Since inception in 2006, the Fund has generated a cumulative return of 155.6% which […]
Invesco Perpetual UK Smaller Companies (IPU) has announced its annual results for the year ended 31 January 2020. During the year, IPU provided nav and share price total returns of 30.4% and 35.2%, outperforming its Benchmark Index, the Numis Smaller Companies Index (excluding Investment Companies), which returned +13.7%. To give some context, the year under […]
Tetragon Financial’s investor day on Wednesday 29 April 2020 has been cancelled in light of the current restrictions. However, it will host a conference call for investors on 30 April 2020 at 15:30 GMT / 10:30 EST to discuss its Q1 Factsheet and to provide a company update. Details will be circulated shortly and posted […]
SME Credit Realisation (SCRF) has provided the market with an update of its preliminary assessment of the potential implications of the COVID-19 pandemic. It says that, while it future performance may be adversely affected by COVID-19, it is able to report positive progress in the Company’s winding-down with returns of cash to shareholders of around […]
Great Portland Estates (GPOR) has published a trading update and summary on the impact of COVID-19 on the business to date. Summaries of the key takeaways are provided below. COVID-19 update GPOR is supporting our occupiers, particularly in the retail, hospitality and leisure sectors, through agreeing on a case by case basis the payment of […]
Ceiba Investments (CBA) has provided an update to the market in light of the COVID-19 pandemic. It says that, in the first two months of the current financial year, there was no material COVID-19 impact on its operations, trading and investments. However, as of March 2020 hotel reservations for the year started to be affected by […]
On 23 March 2020, DP Aircraft I (DPA) announced that lease payments due on the 13th of March 2020, from Torskefjorden Leasing Limited (part of the Norwegian group and guaranteed by Norwegian) had not yet been made in respect of either of the two aircraft (LN-LNA and LN-LNB) DPA leases to Norwegian. Further to this […]
In QuotedData’s morning briefing 3 April 2020 Trump tried to talk up the oil price with news of a Saudi/Russia meeting. It seemed to work but Russia denied all knowledge. In light of the COVID-19 restrictions, Hammerson shareholders will no longer be able to attend its AGM on 28 April 2020 and are instead encouraged to […]
