AUS
NZ
UK
CA
USA
IND
National Storage REIT
Affirms Outlook for FY 19: National Storage REIT (ASX:NSR) for the FY 19 expects underlying earnings per share to be in the range of 9.6 - 9.9 cps and underlying earnings is expected to be in the range of $62.5 - $64.5 million. The company has affirmed the FY 19 forecast. Meanwhile, for the first half of FY 19, the company has reported 11% rise in the total assets under management to $1.6 billion driven by the 11-existing storage centres which was acquired by the company and the development of 2 new sites. Additionally, NSR projects to complete and open 4 new centres in FY 19. For 1H FY19 underlying earnings grew by 17.4% to $26.3 million versus 1H FY18. However, IFRS profit after tax fell by 55% to $27.1 million in 1H FY 19 versus 1H FY18 and 2.3% decline in underlying EPS to 4.2 cps. NSR stock remained flat in three months as on April 5th, 2019 and has a dividend yield of 5.4%. The company paid the interim dividend of 4.5 cents on 1 March 2019.
Â
WAM Capital Limited
Investment portfolio grew 3.8% in February: WAM Capital Limited (ASX:WAM) investment portfolio grew 3.8% in February driven by the performance of the company Appen, which is into technology sector. Appen stock rose 46.7% in February driven by 119% rise in revenue, 153% rise in EBITDA and also due to the companyâs plan to raise fund of $300 million to acquire Figure Eight Technologies. The companyâs portfolio also performed on the back of investment in a2 Milk Company (stock rose 14% in February), which also reported strong performance for the first half as the revenue grew 41% & EBITDA grew 53%. Moreover, WAM has reduced its cash level to 32.7% in February from 42.4% in January and invested in 33 new companies. WAM stock has risen 2.78% in three months as on April 5th, 2019, has a dividend yield of 6.98%. It will pay a dividend of 7.75 cents on 26 April 2019.
Investment Portfolio Performance as at 28 February 2019 (source: Company Report)
 WAM Research Limited
Investment portfolio grew 4% in February: WAM Research Limited (ASX:WAX) investment portfolio grew 4% in February driven by the performance of the portfolio companies. Austral (one of the portfolio company) stock rose by 11% in February, aided by strong order book growth of 54% to $5 billion and 31% rise in topline for the first half of FY 19. The companyâs portfolio was also boosted on the back of investment in a2 Milk Company (stock rose 14% in February), which also reported strong performance for the first half as the revenue grew 41% & EBITDA grew 53%. Moreover, WAX has reduced its cash level to 32.9% in February from 51.3% in January and invested in 22 new companies. Meanwhile WAX stock has fallen 5.10% in three months as on April 5th, 2019, has a dividend yield of 6.88% and will pay the dividend of 4.850 cents on 26 April 2019.
Â
Clime Capital Ltd
CAMâs total portfolio recovered significantly since 31 December 2018: Clime Capital Ltd (ASX:CAM) at the end of March has reported the total assets value of CAMâs investment portfolio of about $105.4 million, that includes the dividend amount also. During the month of March, CAM had paid quarterly interest of $0.3 million to Convertible Noteholders of the company for the timeframe of 1st December 2018 to 28th February 2019. Moreover, the companyâs total portfolio grew by $6million since 31 December 2018, after the payment of dividends and operating expenses. Meanwhile CAM stock has risen 7.14% in three months as on April 5th, 2019, has a dividend yield of 5.56% and will pay the interim dividend of 1.25 cents per share fully franked on 26 April 2019. The dividend rose by 2.5% compared to the dividend declared by the company in the previous corresponding quarter on the back of the bonus issue of shares in September 2018.
Â
NAOS Ex-50 Opportunities CompanyÂ
Underperformed the Benchmark in February: NAOS Ex-50 Opportunities Company Ltd (ASX:NAC) during the month of February had underperformed the benchmark index S&P/ASX 300 Industrials Accumulation Index (XKIAI) as it rose only by 0.10% versus 5.78% rise of XKIAI. This is on back of trading positions and 15% fall in MNF Group stock, which lowered the FY19 EBITDA guidance in the range of -3.50% to -7.00%. Meanwhile NAC stock has fallen 6.11% in three months as on April 5th, 2019, has a dividend yield of 6.08% and paid the dividend of 1.35 cents on 11 March 2019.
Disclaimer
This website is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold. We are neither licensed nor qualified to provide investment advice.
