Amedeo Air Four Plus says it wants to buy two Airbus A380-800 planes for leasing to Etihad. They want to buy the first of these in March 2017 and the second in May 2017. Shareholders will have the chance to approve the deal at a meeting planned for 14 December. 40,250,000 new shares were issued in Amedeo’s July […]
New River Reit has announced results for the six months ended 30 September 2016. David Lockhart, Chief Executive commented: “I am pleased to report that NewRiver has again produced growing cash profits from its high quality and defensively positioned portfolio. We have a proven track record of generating secure income returns and delivering a growing […]
Savannah Resources (SAV:AIM) Final results for the resource drilling program at the Mahab 4 prospect in Block 5, Oman reveal high grade zones of copper. Mahab Resource Drilling: [email protected]% copper, 0.62% zinc and 0.22 g/t gold from 109.1m. Mahab 4: [email protected]% copper, 1.13% zinc and 0.3 g/t gold from 18.6m incl. [email protected]% copper, 2.1% zinc and 0.4 […]
In the year to 30th September 2016, JPMorgan Japanese’s total return on net assets was 36.0% in sterling terms, compared with the Tokyo Stock Exchange First Section (TOPIX) Index (the benchmark), which rose by 31.7%. The returns are calculated on a total return basis in sterling terms and were improved by the movement in the […]
VinaLand Limited says it has divested its stake in Project Ceana. The project, acquired by VNL in 2007, is a 7.3 hectare parcel of land located in Dien Ban District, Quang Nam Province and has approval for a future villa resort development. VNL has disposed of its entire stake at a total valuation 12.9% above […]
Standard Life Equity Income says that, taken in isolation, its headline numbers for the year to 30 September 2016 do not make pleasant reading. The Net Asset Value Total Return for the year was 0.9%. By contrast, the FTSE All-Share Index returned 16.8%. Unsurprisingly, the share price has suffered over the last twelve months. The discount widened […]
VinaCapital Vietnam Opportunity has made $40m by selling an unnamed asset valued at $60m in their books for $100m. They buyer is a newly formed consortium. VinaCapital Vietnam Opportunity expects to sign and close a Share Purchase Agreement within 21 days. VinaCapital Vietnam Opportunity will receive minimum net proceeds of USD100 million from the sale of the […]
Land Securities has published interim figures covering the six months ended 30 September 2016. Adjusted diluted net assets per share fell 1.8% to 1408p. The adjusted diluted earnings per share rose by 4.7% to 24.3p as revenue profits rose 4.5% to £192.5m. The main drivers of increased revenue profits were lower interest costs (which fell […]
McKay Securities has announced its half year results for the six months ended 30 September 2016. Its EPRA NAV at the end of the period was 295 pence per share, down 2.0% (31 March 2016: 301 pence per share). EPRA earnings per share were up 10.3% to 4.3 pence as gross rental income rose by 2.4% to […]
Picton Property Income has bucked a trend of falling capital values post the EU referendum by posting an NAV increase for the six months ended 30 September 2016. The EPRA NAV rose by 1.7% to 78.5p over the period as the portfolio valuation increased by 0.6% against a market backdrop of falling values. They say their outperformance was due […]
