Pacific Alliance China Land Limited has announced its financial results for the six months to 30 June 2016. Net asset value as at 30 June 2016 was US$133.69 million, representing US$2.1704 per share, a 3.97% decrease from 31 December 2015 (US$234.8 million). On 30 June 2016, the Company’s share price closed at US$1.88, representing a 2.3% decrease from […]
Over six months ended 31 July 2016, BlackRock Emerging Europe’s net asset value per share returned +17.4% and the share price +19.4% in US dollar terms and +25.4% and +27.6% respectively in sterling terms. By contrast, the MSCI Emerging Europe 10-40 Index returned +14.6% in dollar terms and +22.4% in sterling terms. It was agreed in June 2013 that, […]
Over the six months ended 31 July, Pacific Assets’ net asset value per share total return was +21.0%. The Asia Pacific benchmark rose by 23.9%. The largest contributions to performance came from Marico, TSMC, Chroma Ate, Ayala Corp and Airtac International – between them adding 6.8% to the NAV. The largest detractors were MTR, Bata […]
SVG Capital says The Board believes that Harbourvest’s offer undervalues the company and recommends that shareholders do not accept HarbourVest Bidco’s Offer of 650p per share. Since the announcement of the change of the Company’s investment strategy in December 2011, SVG Capital has reported NAV and share price growth of 18.5% p.a. and 24.0% p.a. respectively (as at […]
Target Healthcare REIT has published results for the year ended 30 June 2016. The Group’s EPRA NAV per share increased by 2.8 per cent to 100.6 pence. When combined with dividends paid during the year, this has provided a NAV total return of 9.3 per cent. EPRA earnings have increased by 20 per cent to […]
Further to the announcement dated 1 August 2016 of a review into the investment objective and policy, BlackRock Income Strategies’ Board has considered a number of factors. These include the performance of the investment portfolio, the cost of the company’s debt, the cost of paying the dividend and its discount management policy. The Board has now decided to […]
Witan Pacific has announced its interim results for the six months ended 31 July 2016. During the period, the trust provided an NAV total return of 22.8% and a share price total return of 19.5% (the discount widened from 10.9% to 13.4% during the period although the trust’s chairman, Sarah Bates, says that there was […]
Private Equity Investor has announced that it has made applications to the FCA to remove the listing of its shares from the Official List and to the London Stock Exchange to cancel trading in its shares on the London Stock Exchange’s market for listed securities. Private Equity Investor also says that, in connection with the […]
Kennedy Wilson Europe Real Estate has announced that it is launching a share buyback programme. The company says that the programme will involve the immediate launch of on-market purchases of ordinary shares in the Company, for a maximum aggregate purchase price of £100 million, and shares bought back under the programme will be cancelled. The […]
Genesis Emerging Markets has published its results for the year ended 30 June 2016. The MSCI Emerging Markets (TR) Index fell 11.7% in US dollar terms over the year. However, for UK investors the dramatic weakening of sterling against the US dollar during the weeks around the EU referendum meant that in sterling terms the […]
