Crystal Amber Fund Ltd. (CRS)

Sector:

Investment Firms

Index:

FTSE AIM All-Share

 74.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 90.00
  • 52 Week Low: 61.50
  • Currency: UK Pounds
  • Shares Issued: 76.90m
  • Volume: 70,072
  • Market Cap: £56.91m

Crystal Amber posts £49.5m increase in net asset value

By Iain Gilbert

Date: Wednesday 13 Sep 2017

LONDON (ShareCast) - (ShareCast News) - Guernsey based closed-ended activist fund Crystal Amber Fund said it had increased its net asset value (NAV) per share by almost a third in its last full-year of trading, making it one of the best performing investment trusts of 2017 in the UK.
Crystal Amber raised its NAV per share 32.9% to 204.37p over the twelve months leading to 30 June, making it the seventh best performing fund on Trustnet's 119 UK Investment Trust list.

Overall, NAV rose to £201m from the £151.5m posted for the previous year.

During the year, the group successfully exited from its Grainger, Pinewood Group and Restaurant Group investments with a combined gain of £12.7m on top of the £15.7m in profit reported from the sale of Hurricane Energy with total net gains for the year of £19.3m, including realised losses on derivatives.

A buyback programme by the company helped to limit the average discount to NAV to 5.7% for the year, lower than the average 7.7% sported by its peer group.

Premium to NAV at 30 June was 3.5% as the firm staked new positions in NCC Group and Ocado Group, as well as increasing its interest in GI Dynamics.

William Collins, chairman of the Crystal Amber, said "It has been an eventful year for global equity markets, which have faced a great deal of uncertainty in the wake of the Brexit vote and the beginnings of the Trump presidency. Despite this, the Company has achieved exceptional performance thanks to its focus on undervalued opportunities where it sees the potential to act as a catalyst for change."

As of 1040 BST, shares were flat at 185.00p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

CRS Market Data

Currency UK Pounds
Share Price 74.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 90.00
52 Week Low 61.50
Volume 70,072
Shares Issued 76.90m
Market Cap £56.91m

CRS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
1.85% below the market average1.85% below the market average1.85% below the market average1.85% below the market average1.85% below the market average
23.23% above the sector average23.23% above the sector average23.23% above the sector average23.23% above the sector average23.23% above the sector average
Price Trend
9.37% below the market average9.37% below the market average9.37% below the market average9.37% below the market average9.37% below the market average
32.73% below the sector average32.73% below the sector average32.73% below the sector average32.73% below the sector average32.73% below the sector average
Income
15.76% above the market average15.76% above the market average15.76% above the market average15.76% above the market average15.76% above the market average
27.11% above the sector average27.11% above the sector average27.11% above the sector average27.11% above the sector average27.11% above the sector average
Growth
29.41% below the market average29.41% below the market average29.41% below the market average29.41% below the market average29.41% below the market average
23.68% below the sector average23.68% below the sector average23.68% below the sector average23.68% below the sector average23.68% below the sector average

CRS Dividends

  Latest Previous
  2nd Interim Interim
Ex-Div 15-Jun-23 24-Nov-22
Paid 07-Jul-23 23-Dec-22
Amount 25.00p 10.00p

Trades for 28-Mar-2024

Time Volume / Share Price
16:39 25,000 @ 74.00p
15:49 3,000 @ 75.52p
14:47 25,000 @ 74.00p
15:39 2,888 @ 74.00p
15:39 3,336 @ 74.00p

CRS Key Personnel

Chair Christopher Waldron

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