CIP Merchant Capital Limited NPV (CIP)

Sector:

Investment Firms

Index:

FTSE AIM All-Share

 47.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 62.50
  • 52 Week Low: 41.00
  • Currency: UK Pounds
  • Shares Issued: 55.00m
  • Volume: 0
  • Market Cap: £26.13m
  • RiskGrade: 142

CIP Merchant Capital invests in CareTech, buys more Orthofix stock

By Josh White

Date: Tuesday 23 Apr 2019

LONDON (ShareCast) - (Sharecast News) - CIP Merchant Capital announced an investment in CareTech Holdings - a provider of specialist social care services supporting adults and children with a wide range of complex needs in more than 250 specialist service centres - on Tuesday.
The AIM-traded firm said it had acquired 950,000 ordinary shares in CareTech for a total consideration of about £3.2m.

It said that in the year ended 30 September, CareTech had net income attributable to its shareholders of £26.5m, and as at 30 September, had net assets of £208m.

"CareTech now constitutes the company's fifth portfolio company," the CIP board said in its statement.

It also acquired a further 6,000 common stock in Nasdaq-listed medical devices company Orthofix Medical for a total consideration of approximately $0.32m.

Those shares were purchased in addition to the 9,000 common stock purchased on 11 and 12 March, as CIP had previously announced, for a total consideration of $0.5m.

"Following these further acquisitions of common stock, CIP Merchant Capital is now interested in 112,000 common stock of Orthofix," the board confirmed.

In the year ended 31 December, Orthofix had net income of $13.8m, and as at 31 December, had net assets of $335.4m.

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

Note 2: RiskGrade figures are provided by RiskMetrics.

 

CIP Market Data

Currency UK Pounds
Share Price 47.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 62.50
52 Week Low 41.00
Volume 0
Shares Issued 55.00m
Market Cap £26.13m
RiskGrade 142

CIP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
Market averageMarket averageMarket averageMarket averageMarket average
35.54% above the sector average35.54% above the sector average35.54% above the sector average35.54% above the sector average35.54% above the sector average
Price Trend
Market averageMarket averageMarket averageMarket averageMarket average
88.3% below the sector average88.3% below the sector average88.3% below the sector average88.3% below the sector average88.3% below the sector average
Income Not Available
Growth Not Available

CIP Dividends

No dividends found

Trades for --2020

Time Volume / Share Price
0 @ 0.000p

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