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...Even as more holdings were sold at a discount in 2023, the size of the average discount from net asset value for buyout funds declined to 9 per cent from 13 per cent, according to Jefferies....
...The Shanghai-based video and photo-sharing app raked in $500mn in net profit last year on revenues of $3.7bn, according to four people briefed on the figures, which are not public....
...The PPF bought part of a property fund at a 35 per cent discount to net assets from a fellow pension fund this year....
...The 48 per cent discount in January was the largest in data going back to 1988....
...The share prices of groups such as London-listed Greencoat UK Wind and Octopus Renewables Infrastructure Trust trade at sizeable discounts to their net asset values....
...The billionaire family behind the discount chain Home Bargains paid themselves a £36mn dividend last year after the retailer notched up a rise in profits and sales amid the cost of living crisis....
...If the share price is higher than the net asset value it is trading at a premium, and if the share price is lower than the net asset value it is at a discount....
...to net asset value....
...Net debt stood at about €1.4bn at the end of last year; a promise to halve that by March was going to be missed....
...Scottish Mortgage is trading at a roughly 8 per cent discount to its net asset value, according to the Association of Investment Companies....
...In contrast, US small-caps currently trade at a 13.7 per cent discount, while European large-caps are at a discount of 7.3 per cent and US large-caps a premium of 4.2 per cent, Cooper said....
...The board of Scottish Mortgage Investment Trust has announced a £1bn share buyback in an attempt to prop up its share price, which is at a 13 per cent discount to its net asset value....
...Net interest income (NII) climbed from €270bn in 2021 to an estimated €378bn this year, according to data from UBS, after central banks began rapidly raising rates....
...We also excluded companies with a free float of less than 75 per cent and those with leverage ratios — net debt to ebitda — of more than three times....
...As a subscriber to the Moral Money newsletter, you are entitled to a 20% discount on in-person passes or you can claim a complimentary digital seat. Sign up now....
...Many trusts are required to hold a vote if the discount between its share price and its net asset value hits a threshold....
...Shares in the £14bn trust, which is managed by Baillie Gifford and invests in high growth companies such as Nvidia and Tesla, are at a 13 per cent discount to net asset value, according to the company’s...
...It deserves chunky discounts to US beauty giant Ulta, on 14 times ebitda, and European retailers such as Inditex, on 12 times ebitda....
...Against this backdrop and having further strengthened the Company’s balance sheet, the Board now intends to take more concerted action to address the discount to net asset value at which the Company’s shares...
...“Low deposit beta”, as the pass-on rate is called, explains why UniCredit thinks it can squeeze out an extra €500mn of net interest income this year....
...Samsung C&T trades at a discount of more than 50 per cent on its net asset value. The South Korean government is keen to replicate Japan’s success in raising stock valuations....
...Citrin Cooperman’s official net asset value discounts the money a song is expected to make and works out a net present valuation....
...“Given current ratings, trusts represent an opportunity to benefit from a ‘double whammy’ of improving NAV [net asset value] performance and tightening discounts once general investor sentiment improves,...
...JPMorgan did not provide any revenue or net income projections for its new venture. It does not need to. The bank made nearly $50bn in net income on $158bn of revenue last year....
...When discussing the extremely wide discounts to net asset value at which European banks are currently trading, Patrick Jenkins cites a business school principle that if a company is trading for a sustained...
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