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EQEO Epicure

0.88
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Epicure EQEO London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.88 01:00:00
Open Price Low Price High Price Close Price Previous Close
0.88 0.88
more quote information »

Epicure EQEO Dividends History

No dividends issued between 25 Apr 2014 and 25 Apr 2024

Top Dividend Posts

Top Posts
Posted at 14/10/2008 16:33 by andrbea
turning at last?
eqeo and also eqew could be interesting from these levels

eqeo up 9% today


nia dyor
Posted at 18/9/2008 16:00 by andrbea
full article (Sept 2 2008)

Epicure Qatar

The Qatar Investment Authority (QIA) does not have the best track record as a backer of Britain's blue chips (J Sainsbury and London Stock Exchange to name but two), but as an investor in AIM, the Gulf sovereign wealth fund has fared somewhat better. Yesterday's maiden annual figures show Epicure Qatar Equity Opportunities (EQEO) – the London-listed fund into which QIA has sunk $25 million (£13.8 million) – to be doing just fine.

Helped by a surging Doha Securities Market – the world's second best-performing stock market in the second quarter of 2008 – its net asset value (NAV) has risen 41 per cent on the year, bringing in a debut $15.4 million in performance fees. Having raised an additional $85 million last December, the EQEO is now fully invested and has made its first forays into other Gulf States, notably Kuwait and United Arab Emirates. Yet it is EQEO's direct exposure to Qatar's surging GDP growth – an estimated 15.5 per cent this year – that remains its draw.

The fund is 38 per cent weighted to the country's banks, which have none of the credit problems of their Western peers and provide strong leverage to the Qatari economy. Its industrial holdings are also prospering, reaping the advantage of securing world prices for their output but enjoying low costs from cheap, plentiful gas. With the Qatari stock market trading at 12 times 2009 earnings, despite forecast 30 per cent growth, EQEO's 11 per cent discount to NAV at 111p seems mean. Hold on for more.
Posted at 18/9/2008 15:58 by andrbea
Sept 2 2088


The Qatar Investment Authority (QIA) does not have the best track record as a backer of Britain's blue chips, but as an investor in AIM, the Gulf sovereign wealth fund has fared somewhat better. Yesterday's maiden annual figures show Epicure Qatar Equity Opportunities (EQEO) – the London-listed fund into which QIA has sunk $25m (£13.8m) – to be doing just fine. With the Qatari stock market trading at 12 times 2009 earnings, despite forecast 30% growth, EQEO's 11% discount to NAV at 111p seems mean. Hold on for more.
Posted at 08/8/2007 08:44 by andrbea
example of companies about to list on Doha stock market (which eqeo could invest in)


Mannai Corp to list on bourse tomorrow, eyes 'select' marketsPublished: Tuesday, 7 August, 2007, 01:30 AM Doha Time

Business Reporter
DOHA: Mannai Corporation, shares of which will start trading on the Doha Securities Market (DSM) from tomorrow, is planning 'selective' regional expansion while keeping options open on acquisitions in the domestic market.
Mannai Corp, which reported 39% gains in its net profit to QR50.12mn in the first six months of the year, also expects its core business to drive growth, according to its medium-term strategy
Posted at 08/8/2007 08:25 by andrbea
example of another (German) fund investing in this region:

Aug 5 2007:

Al Waseela Fund was launched at par at QR10 per unit and the net asset value as on July 15, 2007 for Q-Class and F-Class were QR11.6994 and QR11.6553, respectively. Al Waseela Funds are sponsored by the Commercialbank and managed by EFG-Hermes Financial Management (Egypt) Limited, a leading investment bank in the region.
"The fund is a testimony of Commercialbank's investment banking capabilities and creates greater asset management opportunities.
"During the inception period, the fund managers took the decision to invest 60% of the fund into a relatively attractively valued Doha Securities Market (DSM) and then to finesse actual equity holdings after a comprehensive company visit programme in May.
"The fund was fully invested with only a small exposure to non-Qatari markets as it felt prudent to carry a higher exposure to Qatar relative to other regional markets. At this time many leading companies in Qatar were trading in the range of 10-12 times 2006 earnings with dividend yields higher than deposit rates.
"This approach has been vindicated by the out performance of Qatar in a regional context since the outset. During the initial investment period of the first two months, some drag on the performance was due to the un-invested portion of the fund in a rising market, but this has been partly compensated by the good stock selection.
"After the explosive rally in the market during May, the funds have locked in some short term gains in the leading stocks. The fund has subsequently reinvested these profits and diversified the fund's exposure to specific opportunities outside Qatar.
"This has been facilitated by the funds having custody arrangements in place alongside Oman, Bahrain, Abu Dhabi, Dubai and Kuwait," the bank spokesman said.
Posted at 07/8/2007 08:32 by andrbea
did some more digging into this big shareholder in eqeo (SAQ)

Qatar National Bank SAQ, the Persian Gulf nation's largest bank, plans to establish a bank in Syria with three partners as the lender seeks to expand in the Middle East..

/...


Qatar National wants to expand in Syria because of its "promising" economic growth, the bank said in the statement. The Syrian economy will probably grow at an annual average of 3.5 percent this fiscal year, well below the government's own projection of more than 5 percent, according to data from the Economist Intelligence Unit.Qatar National is expanding across the Middle East as population and economic growth create more opportunities for the financial services industry. The bank bought in July 20.6 percent of The Housing Bank for Trade and Finance, Jordan's biggest retail bank, for more than $442 million.




reminder
relevance of SAQ to EQEO:

Qatar Insurance Company SAQ, the investment adviser for the company, has also agreed to invest 25 mln usd in the company as part of the placing, which will align the interests of the investment adviser with those of the shareholders.
Posted at 06/8/2007 17:49 by andrbea
rollover?
each trade 106000 pounds worth...

eqeo:
06/08/07 12:07 1.12 9,500,000 L
06/08/07 12:07 1.12 9,500,000 L

a T trade too
16:31 1.35 15,000 T 1.25 1.7
could be a delayed buy, filled during the day.
Posted at 06/8/2007 15:37 by andrbea
one of the shareholders in eqeo is

qatar investment company (QIC)

more about them here:



involvement of qic in eqeo:

Qatar Insurance Company SAQ, the investment adviser for the company, has also agreed to invest 25 mln usd in the company as part of the placing, which will align the interests of the investment adviser with those of the shareholders
Posted at 06/8/2007 15:14 by andrbea
more info about eqeo:
Posted at 06/8/2007 15:13 by power talker
2cent prat...A tripling of LNG exports..That is a modest estimate..Expect EQEO to be invested in this type of business..DYOR

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