Hansteen’s interim results for the six months ended 30 June 2016 show its EPRA NAV per share increased by 11.9% to 124.4p over the period. Adjusting this for the dilution effect of their convertible issue, the NAV was 120.5p. They also publish an adjusted EPRA NAV per share, this increased by 8.4% to 120.5p. Normalised Profits (their measure […]
During the six months to 30 June 2016, Phaunos Timber Fund’s unaudited NAV per share has increased by 10.2% from 49 cents to 54 cents. The Group’s total NAV has also increased by US$20.6 million or 7.4% to US$299.4 million from US$278.8 million at 31 December 2015. The chairman says that while this includes a […]
NB Private Equity reports that at 30 June 2016 its NAV was $14.61, up from $14.35 per Share at 31 December 2015. NB Private Equity’s NAV increase of $12.6 million during the first six months of 2016 included: – $18.4 million of yield income and dividends, or $0.38 per Share – $17.2 million of realised gains, or $0.35 […]
JPMorgan US Smaller Companies reported an increase of 20.5% in the Company’s net asset value during the six months’ period to 30th June 2016. This represented an outperformance of the benchmark index, the Russell 2000 index in sterling terms, which rose 12.6%. The NAV return was not reflected in the share price which increased less than 2.0%. The discount […]
Baker Steel Resources Trust says that, during the first six months of the year, the unaudited net asset value per share rose 15.7% to 38.8p in a recovering market for mining shares, with the Euromoney Global Mining 100 Index rising 58.9% in Sterling terms. The most significant factor in the recovery of the Euromoney Global […]
LXB Retail Properties Plc reports that it has exchanged contracts for the unconditional sale of its investment at Kingsmead Stafford to Triple Jersey Limited, a private investment vehicle. The Group has previously exchanged an agreement with WM Morrison Supermarkets plc to surrender its leasehold interest in the Kingsmead site and completion of the surrender will […]
Prospect Japan reports a slight increase in its NAV per share from US cents 135.53 at 31 December 2015 to US cents 137.64 at 30 June, 2016. It underperformed over the period with a gain of 0.7% (based on published NAV) as against the MSCI Japan Small Cap Index (Total Return) for the six months of […]
Symphony International’s unaudited Net Asset Value at 30 June 2016 was US$712.5 million, which is 4.3% and 2.4% higher than at 31 March 2016 (US$683.2 million) and 31 December 2015, respectively. NAV per share was US$1.35 compared to US$1.29 and US$1.32, respectively, on the same dates. On a fully-diluted basis (adjusting for in-the-money vested options), […]
The Renewables Infrastructure Group Limited has published its interim report for the six months to 30 June 2016. Total annualised shareholder return for the six months to 30 June 2016 was -0.3% (with the FTSE-250 total return being -5.2% over the same period). The Board reaffirms its intention to pay a dividend of, in aggregate, 6.25p […]
Axiom European Financial Debt Fund has published its interim accounts. This is the first half-yearly report since the company was launched in November 2015. The Company’s NAV at 30 June 2016 was GBP50.3 million (92.02p per Ordinary Share). From listing until 30 June 2016, the Company’s shares traded at an average price of 95.96p per Ordinary Share, with a price of […]
