QuotedData has published a note on a company in the Small Media, Comms & IT Companies sector. Herald Investment Trust – Tech bids demonstrate value Herald Investment Trust’s (HRI’s) manager believes recent portfolio activity (bids for Avesco and Mentor Graphics) shows that HRI’s NAV does not reflect the true valuations of the underlying companies, particularly […]
Wolf Minerals – 24/7 operations approval boost Wolf Minerals (Wolf : WLFE) has received approval to operate its processing plant on a 24/7 basis, permanently, and permission to extend mining activities to 2036. Both permissions will have a significant impact on future production at its Drakelands open-pit mine, in Devon. The mine, which opened in […]
Wolf Minerals (Wolf) has received approval to operate its processing plant on a 24/7 basis, permanently, and permission to extend mining activities to 2036. Both permissions will have a significant impact on future production at its Drakelands open-pit mine, in Devon. The mine, which opened in September 2015, has struggled to reach planned production rates, […]
Aberdeen Frontier Markets – Long term growth opportunity? – Marten & Co published the initiation of research note on Aberdeen Frontier Markets Investment Company (AFMC) AFMC offers investors a diversified exposure to the superior growth prospects offered by frontier markets (stock markets that aren’t classified as developed or emerging). Its managers believe that weak commodity and energy […]
QuotedData has published a new note on a company in the global emerging markets sector. Aberdeen Frontier Markets Investment Company (AFMC) offers investors a diversified exposure to the superior growth prospects offered by frontier markets (stock markets that aren’t classified as developed or emerging). Its managers believe that weak commodity and energy prices, as well […]
The QuotedData independent guide to investment companies aims to help investors and financial advisers better understand investment companies and help them make better informed investment decisions. We hope that the guide will help clarify the jargon that appears in many of the communications from the investment world. It is designed to build investors’ knowledge, starting […]
Henderson International Income – A way to diversify income Marten & Co published an update note on the company. The sharp falls in sterling over the past few months have flattered the performance of many funds investing overseas, including Henderson International Income Trust (HINT), but have compounded problems for some UK equity income trusts. HINT’s […]
The sharp falls in sterling over the past few months have flattered the performance of many funds investing overseas, including Henderson International Income Trust (HINT), but have compounded problems for some UK equity income trusts. HINT’s manager warns that the threat of dividend cuts looms large for UK-focused trusts and thinks that now, more than […]
India Capital Growth – India at a significant discount Marten & Co published the following note on the company, which includes the investment managers view that India is trading at a significant discount to other markets, which is unjustified. In August, India Capital Growth (IGC)’s subscription shares were converted into ordinary shares. This increased its […]
In August, India Capital Growth (IGC)’s subscription shares were converted into ordinary shares. This increased its net assets by 29.2% before costs. IGC’s manager believes that this expansion should improve liquidity in the company’s shares and lower its ongoing charges ratio. However, IGC’s manager points out that despite these positive developments, an improving outlook for […]
Marten & Co published an update on the company entitled Pacific Horizon – Brave new world The company’s performance has started to improve over the past few months, yet Baillie Gifford’s Ewan Markson-Brown and Roderick Snell, thinks that there is still considerable potential for the portfolio. He believes that some of the themes that he […]
Pacific Horizon’s (PHI)’s performance has started to improve over the past few months, yet the manager thinks that there is still considerable potential for the portfolio. He believes that some of the themes that he is focusing on could radically alter all our lives and that many Asian companies will be at the forefront of […]
Seneca Global Income & Growth – In demand and no discount Seneca Global Income & Growth Trust’s (SIGT’s) new discount control policy went live on 1 August. The board believe that this should give investors confidence that they can enter and exit the trust close to NAV. To date, no shares have been repurchased. This could […]
Seneca Global Income & Growth Trust’s (SIGT’s) new discount control policy went live on 1 August. The board believe that this should give investors confidence that they can enter and exit the trust close to NAV. To date, no shares have been repurchased. This could suggest that there is demand for SIGT’s strategy. SIGT’s NAV […]
Standard Life European Private Equity – Reinvestment phase underway Standard Life European Private Equity is now called Standard Life Private Equity Trust (SLPE) SLPE invests solely in private equity limited partnerships (LPs or funds). It has a strong bias to (western) Europe and an increasing focus on North America. In this update note published by Marten & […]
Over the past few years, Standard Life European Private Equity Trust (SEP) has been benefitting from a high level of distributions. Now, as equity markets become more volatile, SEP’s managers think that we could be shifting from a realisation phase into an investment phase. They think the underlying managers should be deploying cash at attractive […]
Central Asia Metals – Profits soar as costs slashed Despite a weak market for copper, Central Asia Metals (CAML) turned in an impressive first half 2016 performance by increasing profits and raising its half-yearly dividend. H1 2016 earnings per share was up 95% year-on-year, to US9.5c, and the company has increased its interim dividend by […]
Despite a weak market for copper, Central Asia Metals (CAML) turned in an impressive first half 2016 performance by increasing profits and raising its half-yearly dividend. H1 2016 earnings per share was up 95% year-on-year, to US9.5c, and the company has increased its interim dividend by 22%, to 5.5p per share. CAML’s main asset is […]
The SME Loan Fund – Steady progress in turbulent times Marten & Co published an update research note on the SME Loan Fund (SMEF), formerly GLI Alternative Finance (GLAF) It has been one of the best-performing funds in its peer group in NAV terms since it was launched. It is focused on lending to small […]
The SME Loan Fund (SMEF), formerly GLI Alternative Finance (GLAF), has been one of the best-performing funds in its peer group in NAV terms since it was launched. It is focused on lending to small and medium-sized enterprises (SMEs), an area which in the experience of the UK investment companies market to date, has proved to […]
Premier Energy & Water Trust – A BREXIT beneficiary is Marten & Co’s update note on the fund since the EU referendum Premier Energy & Water Trust – A BREXIT beneficiary, assisted by a marked depreciation of sterling and no currency hedging, Premier Energy and Water Trust’s (PEW’s) NAV has risen by 26.1% since the UK’s EU referendum. […]
