Phaunos Timber reports on progress within the underlying portfolio for the first six months of 2015 but a fall in NAV on the back of the strengthening of the US dollar. At a timber operating level the Group showed a profit for the first time. This amounted to $1.7m for the period (30 Jun 2014: […]
Vietnam Holding has published results for the year ended 30 June 2015. It had a very good year with the NAV rising by 9.0% to $2.093 and a share price increase of 23.3% to $1.803. The Vietnam All Share Index increased by just 1.4%. as you can see from the numbers, the discount narrowed considerably over the […]
JPMorgan US Smaller Companies reports a rise of 4.6% in the Company’s net asset value for the first six months of 2015, which compares with a rise of 3.8% in the Russell 2000 Index. The Company’s share price rose 2.0% during the first six months of 2015, lagging the increase in NAV and resulting in a […]
For the first half of 2015 Juridica reports that its net asset value decreased from US$1.66 (107 pence per share) as at 31 December 2014 to US$1.35 (86 pence per share) at 30 June 2015. This decrease in NAV per ordinary share was primarily attributable to the total comprehensive loss of US$34.2m generated during the six-month period ending 30 June 2015. […]
BlackRock Latin American reports a -9.6% return on net assets for the first six months of 2015 and a -11.5% return to ordinary shareholders. This represents underperformance of the fund’s benchmark, the MSCI EM Latin America Index which ended the period down by 7.0%. The interim dividend is being maintained at 15 cents per share (NB […]
City Merchants High Yield has announced that its total return on net assets for the six months ended 30 June was 2.9% and the return to shareholders was 1.5%, as the shares moved to trading at a slightly smaller premium. The interim dividend is being maintained at 5p. The report says the NAV return compares favourably with the […]
Alpha Pyrenees has published its interim results for the six month ended 30 June 2015. Its net asset value is now zero (though adjusting for the impact of derivative contracts and deferred tax gives an NAV of 2.4p). The Chairman said: “Given the current economic environment and the maturation of the Group’s bank borrowings on 15 […]
Diverse Income has reported results for the year ended 31 May 2015. Over the period the total return on net assets was 8.9% which compares favourably to a 7.5% return on the FTSE All-Share Index an 8.6% return on the FTSE Small Cap (excluding Investment Companies) Index and -4.0% return on the AIM All-Share Index. The fund […]
Terra Capital reports that its Net Asset Value at 30 June 2015 stood at $0.967 against $0.979 at the end of 2014. When taking in to account the dividend of 3.72 cents per share paid in February, this NAV represents a total return for the six month period of 2.6% and a dividend yield based on […]
Taliesin Property Fund has reported results for the six months to June 30 2015. Its portfolio is now valued at €228.2m, an increase of €16.1m. The adjusted NAV per share increased by 10.0% to €26.40 (from €24.00 on 31 December 2014). On an EPRA basis the NAV increased to €26.16 (€23.88). the valuation per […]
