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Investment Trusts

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Woodford Says To Withhold Disclosing Top 10 Holdings During Fund Suspension

Friday, 23 Aug 2019

Aug 23 (Reuters) - Woodford::AFTER CONSULTATION WITH LINK, DECIDED TO WITHHOLD DISCLOSING THE TOP 10 HOLDINGS WHILE THE FUND IS SUSPENDED..CONTINUE TO MONITOR PROGRESS OF REPOSITIONING OF FUND’S PORTFOLIO TO ENSURE THAT IT IS ON TRACK.AIM OF LIFTING SUSPENSION ON FUND IN DECEMBER "REMAINS ACHIEVABLE".OVER LAST 28-DAY PERIOD OF SUSPENSION, FUND UNDERPERFORMED ITS BENCHMARK, MAINLY DUE TO SHARE PRICE FALL IN BURFORD CAPITAL,INDUSTRIAL HEAT.CURRENTLY REMAIN OF VIEW THAT AIMING FOR LIFTING SUSPENSION ON FUND IN DECEMBER IS A "REALISTIC TIMEFRAME".LINK REVIEWED UNQUOTED HOLDING INDUSTRIAL HEAT AS PART OF REVIEW, DETERMINED PROGRESS HAD NOT BEEN AT PACE ANTICIPATED IN PREVIOUS REVIEWS.SAYS "WE ARE NOT RESPONSIBLE FOR UNQUOTED VALUATIONS ACROSS ANY OF OUR FUNDS".WHEN FUND REOPENS, PORTFOLIO WILL CONTINUE TO BE FOCUSED ON UNDERVALUED COS, BUT MAJORITY OF THEM WILL BE FTSE 100 & FTSE 250 CONSTITUENTS.TO DATE, MORE THAN 80% OF PROCEEDS FROM SHARE SALES SINCE SUSPENSION HAVE BEEN REINVESTED IN FTSE 100 COS.

Cocoon Holdings Sees HY Net Loss Down Significantly

Friday, 23 Aug 2019

Aug 23 (Reuters) - Cocoon Holdings Ltd <0428.HK>::EXPECTED THAT UNAUDITED CONSOLIDATED NET LOSS FOR SIX MONTHS ENDED 30 JUNE 2019 DECREASED SIGNIFICANTLY.EXPECTED RESULT DUE TO SIGNIFICANT DECREASE IN LOSS ON GROUP'S LISTED INVESTMENTS FOR INTERIM PERIOD.

Clear Leisure Announces Acquisition Of Crypto Data Centre

Friday, 23 Aug 2019

Aug 23 (Reuters) - Clear Leisure PLC ::100% ACQUISITION OF CRYPTO DATA CENTRE.SIGNED AGREEMENT WITH JV PARTNER, 64BIT LTD, WHERE PARTNER AGREED TO SELL 50% HOLDING IN DATA CENTRE FOR PRICE OF EUR 1.BEGUN TALKS WITH IT CONSULTANT COS TO DETERMINE MOST VIABLE OPTION FOR OUTSOURCING OPERATIONS OF DATA CENTRE TO A NEW PARTNER.

WCM Global Growth Posts FY Profit After Tax Of $16.986 Mln

Friday, 23 Aug 2019

Aug 23 (Reuters) - WCM Global Growth Ltd ::FY PROFIT FROM ORDINARY ACTIVITIES AFTER TAX $16.986M VERSUS $10.908M.FY REVENUES FROM ORDINARY ACTIVITIES $28.268M VERSUS $17.788M.

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