Crystal Amber Fund Ltd. (CRS)

Sector:

Investment Firms

Index:

FTSE AIM All-Share

95.00p
   
  • Change Today:
      1.50p
  • 52 Week High: 164.50
  • 52 Week Low: 57.00
  • Currency: UK Pounds
  • Shares Issued: 85.62m
  • Volume: 270,379
  • Market Cap: £81.34m

Crystal Amber posts £49.5m increase in net asset value

By Iain Gilbert

Date: Wednesday 13 Sep 2017

LONDON (ShareCast) - (ShareCast News) - Guernsey based closed-ended activist fund Crystal Amber Fund said it had increased its net asset value (NAV) per share by almost a third in its last full-year of trading, making it one of the best performing investment trusts of 2017 in the UK.
Crystal Amber raised its NAV per share 32.9% to 204.37p over the twelve months leading to 30 June, making it the seventh best performing fund on Trustnet's 119 UK Investment Trust list.

Overall, NAV rose to £201m from the £151.5m posted for the previous year.

During the year, the group successfully exited from its Grainger, Pinewood Group and Restaurant Group investments with a combined gain of £12.7m on top of the £15.7m in profit reported from the sale of Hurricane Energy with total net gains for the year of £19.3m, including realised losses on derivatives.

A buyback programme by the company helped to limit the average discount to NAV to 5.7% for the year, lower than the average 7.7% sported by its peer group.

Premium to NAV at 30 June was 3.5% as the firm staked new positions in NCC Group and Ocado Group, as well as increasing its interest in GI Dynamics.

William Collins, chairman of the Crystal Amber, said "It has been an eventful year for global equity markets, which have faced a great deal of uncertainty in the wake of the Brexit vote and the beginnings of the Trump presidency. Despite this, the Company has achieved exceptional performance thanks to its focus on undervalued opportunities where it sees the potential to act as a catalyst for change."

As of 1040 BST, shares were flat at 185.00p.

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

 

CRS Market Data

Currency UK Pounds
Share Price 95.00p
Change Today 1.50p
% Change 1.60 %
52 Week High 164.50
52 Week Low 57.00
Volume 270,379
Shares Issued 85.62m
Market Cap £81.34m

CRS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
62.95% below the market average62.95% below the market average62.95% below the market average62.95% below the market average62.95% below the market average
55.15% below the sector average55.15% below the sector average55.15% below the sector average55.15% below the sector average55.15% below the sector average
Price Trend
46.18% below the market average46.18% below the market average46.18% below the market average46.18% below the market average46.18% below the market average
50.97% below the sector average50.97% below the sector average50.97% below the sector average50.97% below the sector average50.97% below the sector average
Income
55.56% below the market average55.56% below the market average55.56% below the market average55.56% below the market average55.56% below the market average
81.03% below the sector average81.03% below the sector average81.03% below the sector average81.03% below the sector average81.03% below the sector average
Growth
89.68% above the market average89.68% above the market average89.68% above the market average89.68% above the market average89.68% above the market average
88.89% above the sector average88.89% above the sector average88.89% above the sector average88.89% above the sector average88.89% above the sector average

CRS Dividends

  Latest Previous
  Interim Final
Ex-Div 19-Dec-19 18-Jul-19
Paid 13-Jan-20 19-Aug-19
Amount 2.50p 2.50p

Trades for 25-Nov-2020

Time Volume / Share Price
16:38 150,000 @ 94.50p
16:35 15,000 @ 95.00p
13:27 200,000 @ 94.50p
10:31 30,480 @ 94.00p
09:56 15,000 @ 94.02p

CRS Key Personnel

Chair Christopher Waldron

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