Gresham House Strategic (GHS)

Sector:

Investment Firms

Index:

FTSE AIM All-Share

1,700.00p
   
  • Change Today:
    -25.00p
  • 52 Week High: 1,735.00
  • 52 Week Low: 980.00
  • Currency: UK Pounds
  • Shares Issued: 3.48m
  • Volume: 6,192
  • Market Cap: £59.18m

Gresham House Strategic confident following 'unique year' for markets

By Iain Gilbert

Date: Friday 09 Apr 2021

LONDON (ShareCast) - (Sharecast News) - Investment firm Gresham House Strategic said on Friday that its confidence after "a unique year" for UK stock markets and significant portfolio evolution was reflected in its decision to raise dividends by 20% for a third straight year.
Gresham House said total shareholder returns came to 59.1% in the year ended 31 March, while unaudited net asset value returns were 44.3%, compared to FTSE All-Share Index and the FTSE Small Cap (ex-ITs) Index total returns of 27.1% and 75.0%, respectively.

The AIM-listed group share price discount to unaudited NAV reduced from 15.0% to 6.3% and, as a result of both the discount narrowing and NAV growth, its five-year total return to GHS shareholders was 99.6%, marking an approximate compound annual growth rate of 15%.

Looking forward, GHS said it had "an exciting pipeline" of potential investments in the under-researched UK smaller companies' universe where it believes value opportunities exist.

GHS fund manager Richard Staveley said: "With regards to Covid-19 compared to our initial expectations, we have been surprised by the severity and length of the lockdowns but not by the ability of the motivated and innovative pharmaceutical industry to develop vaccines rapidly.

Whilst the UK now appears on track for re-opening, Europe and many other countries continue to face challenges. The scale of both huge monetary support and fiscal stimulus cannot be ignored though and, quite rightly, concerns over the medium-term inflationary outlook have surfaced. This development is very new to many market participants weaned on deflationary forces and ever lower bond yields. This dynamic has already been positive for shares considered to be 'value' and may become a healthy 'following wind' for the portfolio."

As of 0910 BST, Gresham House Strategic shares were down 0.28% at 1,426.05p.

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

 

GHS Market Data

Currency UK Pounds
Share Price 1,700.00p
Change Today -25.00p
% Change -1.45 %
52 Week High 1,735.00
52 Week Low 980.00
Volume 6,192
Shares Issued 3.48m
Market Cap £59.18m

GHS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
62.12% above the market average62.12% above the market average62.12% above the market average62.12% above the market average62.12% above the market average
25.09% above the sector average25.09% above the sector average25.09% above the sector average25.09% above the sector average25.09% above the sector average
Price Trend
76.87% above the market average76.87% above the market average76.87% above the market average76.87% above the market average76.87% above the market average
92.20% above the sector average92.20% above the sector average92.20% above the sector average92.20% above the sector average92.20% above the sector average
Income
46.99% above the market average46.99% above the market average46.99% above the market average46.99% above the market average46.99% above the market average
55.16% above the sector average55.16% above the sector average55.16% above the sector average55.16% above the sector average55.16% above the sector average
Growth
21.43% below the market average21.43% below the market average21.43% below the market average21.43% below the market average21.43% below the market average
17.07% below the sector average17.07% below the sector average17.07% below the sector average17.07% below the sector average17.07% below the sector average

GHS Dividends

  Latest Previous
  Final Interim
Ex-Div 02-Sep-21 10-Dec-20
Paid 30-Sep-21 06-Jan-21
Amount 15.36p 12.10p

Trades for 20-Sep-2021

Time Volume / Share Price
15:27 1,000 @ 1,699.34p
16:22 134 @ 1,704.00p
16:05 2 @ 1,675.00p
15:54 3 @ 1,675.00p
15:08 15 @ 1,691.00p

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