Dukemount Capital (DKE)

Sector:

Real Estate

 0.34p
   
  • Change Today:
      0.000p
  • 52 Week High: 1.00p
  • 52 Week Low: 0.30p
  • Currency: UK Pounds
  • Shares Issued: 498.42m
  • Volume: 5,252,373
  • Market Cap: £1.67m

Dukemount Capital losses widen after costs associated to first acquisition hit firm

By Iain Gilbert

Date: Wednesday 20 Dec 2017

LONDON (ShareCast) - (ShareCast News) - Dukemount Capital saw pre-tax losses widen in the six months leading to 31 October as fees associated with its first acquisition hit the firm.
Pre-tax losses grew from £21,918 to £153,476, which Dukemount said was principally due to directors' fees and costs associated with trading its shares on the London Stock Exchange.

Dukemount, a supported living and hotel sector property portfolio management and acquisition group, made its first acquisition of a 3,200 square foot retail space in the North West of England throughout the half.

The 17 apartment site was then leased out on a 50-year contract with a supported living association, with the company expecting to generate an average of £234,000 of income per year.

Dukemount also announced it had inked a four-month option to purchase a second property in the same region.

Chairman Geoffrey Dart, said, "It has been a very active six months for the board who have been pursuing a number of deals focussing on both small and medium acquisitions. Two are progressing well as previously announced but also much larger transactions, which would be immediately attractive to institutions seeking blue-chip long-term income, have been presented to us.

"As a result of this, excellent contacts have been forged with additional institutions who have approached Dukemount seeking long-term income and the group views the future with considerable optimism," he added.

Losses per share widened from 0.0138p to 0.0332p.

As of 1120 GMT, shares had declined 1.89% to 0.377p.

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

 

DKE Market Data

Currency UK Pounds
Share Price 0.34p
Change Today 0.000p
% Change 0.00 %
52 Week High 1.00p
52 Week Low 0.30p
Volume 5,252,373
Shares Issued 498.42m
Market Cap £1.67m

DKE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
38.99% below the market average38.99% below the market average38.99% below the market average38.99% below the market average38.99% below the market average
49.02% below the sector average49.02% below the sector average49.02% below the sector average49.02% below the sector average49.02% below the sector average
Price Trend
88.34% below the market average88.34% below the market average88.34% below the market average88.34% below the market average88.34% below the market average
92.59% below the sector average92.59% below the sector average92.59% below the sector average92.59% below the sector average92.59% below the sector average
Income Not Available
Growth
23.42% above the market average23.42% above the market average23.42% above the market average23.42% above the market average23.42% above the market average
28.30% above the sector average28.30% above the sector average28.30% above the sector average28.30% above the sector average28.30% above the sector average

DKE Dividends

No dividends found

Trades for 23-Jul-2021

Time Volume / Share Price
14:52 895,105 @ 0.33p
14:47 1,000,000 @ 0.33p
14:44 1,000,000 @ 0.33p
13:55 1,000,000 @ 0.33p
11:43 1,057,268 @ 0.34p

DKE Key Personnel

CFO Stuart J Adam
CEO Matthew Thompson

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