In QuotedData’s morning briefing 2 July 2021: Chenavari Toro Income Fund (TORO) has released its interim results for the six months ended 31 March 2021 (click here to read the report). During the period, TORO provided an NAV total return of 12.27% and a share price total return of 18.51%. TORO declared two dividends in respect of the […]
Worsley Investors (WINV – formerly AXA Property Trust) has announced its results or the nine month period ended 31 March 2021, during which its core equity strategy has performed strongly. During the period, WINV provided a return on its NAV of 4.16% that was driven by valuation of the Curno cinema and the invested portion […]
Activist investor Crystal Amber (CRS) has received a letter from Saba Capital, a shareholder that owns more than 25% of the fund, saying that it will be voting its shares against continuation in the vote that is due to take place at the AGM this year. Because CRS needs a minimum of 75% of shareholder […]
In QuotedData’s morning briefing 25 June 2021: Jupiter Emerging and Frontier Income (JEFI) has announced its interim results for the six months ended 31 March 2021. During the period, JEFI has provided a share price total return of 26.9% and an NAV of total return of 23.9%, both of which have strongly outperformed the 7.7% return provided […]
Monks (MNKS) has announced its annual results for the year ended 30 April 2021, during which its chairman, Karl Sternberg, says that strong fundamentals drove impressive increases in revenues across a range of portfolio holdings. During the year, MNKS provided an NAV total return of 55.5%, and a share price total return of 53.1%. Both […]
Montanaro European Smaller Companies (MTE) has announced its annual results for the year ended 31 March 2021, which have seen MTE beat its benchmark as markets have recovered following the COIVD related market crash of March 2020. During the year under review, MTE’s NAV rose by 66.1% to 1,589.0p per share, while shareholders also benefitted […]
In QuotedData’s morning briefing 18 June 2021: Chelverton UK Dividend Trust has declared a special dividend of 0.272p per share for the year ended 30 April 2021. The special dividend will be paid alongside the fourth interim dividend for the year (2.5p per share) on 16 July 2021. It will be paid to holders on the register at […]
Third Point Investors (TPOU) have issued proposals for what they describe as an innovative exchange facility. However, before we get carried away, these will not be of any use to smaller shareholders as “the minimum aggregate value of TPIL Shares which any one shareholder may tender for exchange will be US$10 million, based on the […]
Seraphim Space Investment Trust Plc (SSIT) has issued an ITF (intention to float) announcing its intention to launch an initial public offering for a listing on the premium segment of the main market of the London Stock Exchange. The newly established investment trust, which will invest in a diversified international portfolio of early and growth stage Space […]
Aberdeen New India (ANII) has released its annual results for the year ended 31 March 2021, during which its NAV has seen an epic rebound from its March 2020 lows (it provided an NAV total return of 52.7%), although it underperformed its benchmark, the MSCI India Index, which rose by 59.1% (all in sterling total […]
