NAV2

Custodian Property Income REIT plc: Update on recommended all-share merger with abrdn Property Income Trust Limited

Retrieved on: 
水曜日, 3月 13, 2024
Person, RCF, Sale, Annual report, IPO, FCA, NTA, Share, Disclosure, Documentation, NAV2, FSMA, EPRA, API, ULR, Prospectus, Bloomberg, NAV, Risk, AGM, Policy, Failure, Holding company

The CREI Board notes the API portfolio weighting to industrials is only 48% (as a % of API's portfolio by income as at 31 December 2023)8.

Key Points: 
  • The CREI Board notes the API portfolio weighting to industrials is only 48% (as a % of API's portfolio by income as at 31 December 2023)8.
  • The ULR specialist investment strategy for the combined group therefore would reflect a material divergence from the current API strategy.
  • The two principal drivers of earnings per share in a property investment company are rental income and cost of debt.
  • Data for the twelve months to 18 January 2024 (being the latest practicable date prior to the Recommended Merger Announcement).

180 Degree Capital Corp. Establishes Discount Management Program And Reports Net Asset Value Per Share (“Nav”) Of $4.91, Comprised Of 97% Cash And Public Securities, As Of September 30, 2023

Retrieved on: 
月曜日, 11月 13, 2023
SNCR, EBITDA, NAV, Potbelly Sandwich Shop, Risk, Hope, TRIO, IVAC, Intevac, NAV2, Growth, 5-hour Energy, Certification, Greenbriar Capital Corp, Bank, Corning

“The third quarter of 2023 was challenging for 180 and the public markets as a whole,” said Kevin M. Rendino, Chief Executive Officer of 180.

Key Points: 
  • “The third quarter of 2023 was challenging for 180 and the public markets as a whole,” said Kevin M. Rendino, Chief Executive Officer of 180.
  • Since 2017, the legacy business accounted for decreases in value of $2.28 per share, versus the increase in value of $2.77 per share in our current strategy.
  • Intevac, Inc., (IVAC) is in the final stages of certification for its new TRIO tool with its partner, Corning.
  • The table below summarizes 180’s performance over periods of time through the end of Q3 20233:

180 Degree Capital Corp. Announces Discount Management Program

Retrieved on: 
月曜日, 11月 13, 2023
Investment, NAV, NAV2, Share repurchase, Greenbriar Capital Corp, Security (finance)

MONTCLAIR, N.J., Nov. 13, 2023 (GLOBE NEWSWIRE) -- 180 Degree Capital Corp. (NASDAQ:TURN) (“180” and the “Company”), today announced a Discount Management Program (the “Program”) established to reduce the discount that 180’s common stock trades at versus net asset value per share (“NAV”) that is discussed in more detail below.

Key Points: 
  • MONTCLAIR, N.J., Nov. 13, 2023 (GLOBE NEWSWIRE) -- 180 Degree Capital Corp. (NASDAQ:TURN) (“180” and the “Company”), today announced a Discount Management Program (the “Program”) established to reduce the discount that 180’s common stock trades at versus net asset value per share (“NAV”) that is discussed in more detail below.
  • We are pleased to announce today that we will be implementing a Discount Management Program as a first step toward seeking to further decrease the discount TURN’s common stock trades at versus NAV.
  • “We believe the existence of the Program and its associated measurement periods demonstrate the continued focus of both 180’s Board and management team on taking active steps to minimize any persistent discount in 180’s share price.
  • We do what we say, and we believe this Program is another step towards potentially creating value for our shareholders.

Irenic Sends Letter to the Board of Directors of Capricorn Energy

Retrieved on: 
水曜日, 10月 19, 2022
Asset Management, Professional Services, Business, Finance, Logic, G&A, Chiron, Sale, Risk, Shell, Lawyer, Achievement, Natural gas, NAV2, COVID, APA, Research, Investment, JV, Penny sterling, Company, Acquisition, Industry, APA Corporation, Proposed mergers and relocations of the Fitzroy Football Club, Board, Face, Irenicism, LSE, Carrier oil, Letter, PSC, Tullow, NAV, Bank, Security (finance)

We write to you today to share our views on the Companys recently announced merger (the Proposed Merger) with NewMed Energy Limited Partnership (NewMed).

Key Points: 
  • We write to you today to share our views on the Companys recently announced merger (the Proposed Merger) with NewMed Energy Limited Partnership (NewMed).
  • For these reasons, we urge the Board to abandon the Proposed Merger and proceed with a liquidation of the Companys assets in orderly fashion.
  • The word irenic is an adjective that describes conduct favoring, conducive to, or operating toward peace, moderation, or conciliation.
  • We appreciate your consideration and look forward to engaging with the Board on our proposal over the coming weeks.