Rockwood Strategic (RKW)

Sector:

Investment Firms

Index:

FTSE Fledgling

243.00p
   
  • Change Today:
      1.50p
  • 52 Week High: 248.65
  • 52 Week Low: 162.50
  • Currency: UK Pounds
  • Shares Issued: 26.88m
  • Volume: 7,005
  • Market Cap: £65.32m

Gresham House Strategic strengthens portfolio in first half

By Bianca Boorer

Date: Friday 25 Nov 2016

LONDON (ShareCast) - (ShareCast News) - Asset management company Gresham House Strategic reported strong operating and strategic progress within its portfolio in the first half, driving NAV per share up by 8.5%, outperforming the FTSE small-cap (ex Investment Trusts) Index by 2.0%.
The group's portfolio valuation including cash and other net assets was £39.9m in the six months ended 30 September 2016 compared to £36m in 2015.

The group increased its investment capital in Northbridge Industrial services bumping up its stake to 10.9%. Second investment of growth capital was in Be Heard backing the acquisition of MMT Digital, increasing stake to 10.6%.

Realised and unrealised gains on investment of £3.7m, up from £2.9m in 2015. Profit before tax rose to £3.2m from a loss of £0.5m in the previous period.

Around 15p per share was available for return to shareholders, according to the company's policy to return half of net profit on realised gains on investment, at the period end.

Following the period end ,the company engaged in two more investments.

The first was a £1m pre-IPO, convertible loan note investment in a private company, MJ Hudson, the integrated adviser and service provider to the alternative asset management industry and the second was an initial £0.8m commitment to invest in Warpaint London plc, a fast growing global cosmetics brand expected to be admitted to trading on AIM at the end of November 2016.

The share price rose 1% to 760p at the close on Friday.

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

 

RKW Market Data

Currency UK Pounds
Share Price 243.00p
Change Today 1.50p
% Change 0.62 %
52 Week High 248.65
52 Week Low 162.50
Volume 7,005
Shares Issued 26.88m
Market Cap £65.32m

RKW Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
69.92% above the market average69.92% above the market average69.92% above the market average69.92% above the market average69.92% above the market average
28.81% above the sector average28.81% above the sector average28.81% above the sector average28.81% above the sector average28.81% above the sector average
Price Trend
89.73% above the market average89.73% above the market average89.73% above the market average89.73% above the market average89.73% above the market average
96.37% above the sector average96.37% above the sector average96.37% above the sector average96.37% above the sector average96.37% above the sector average
Income Not Available
Growth
49.68% below the market average49.68% below the market average49.68% below the market average49.68% below the market average49.68% below the market average
53.95% below the sector average53.95% below the sector average53.95% below the sector average53.95% below the sector average53.95% below the sector average

RKW Dividends

  Latest Previous
  Final Interim
Ex-Div 02-Sep-21 10-Dec-20
Paid 30-Sep-21 06-Jan-21
Amount 15.36p 12.10p

Trades for 09-May-2024

Time Volume / Share Price
08:04 403 @ 240.15p
08:00 205 @ 248.65p
08:00 1,999 @ 248.65p
08:00 2,399 @ 248.65p
08:00 1,999 @ 248.65p

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