Puma High Share Discussion Threads

[jonwig] 31/5/2013 07:07

"As at the close of business on 30 April 2013, the estimated Net Asset Value per ordinary share ("NAV per share") of the Company was 72.44p. This represents a decrease of 0.2 per cent on the NAV per share at 31 March 2013."

[jonwig] 14/5/2013 10:22

Interim results this morning were encouraging. Change of accounting period makes it a bit messy, but an annual 7p dividend is targeted and should be reachable, given that many of the investments are secured loans rather than equity. (Next dividend should be for year to 31 March 2014).

Some emphasis on housebuilding should be profitable.
NAV at 15 March was 72.59p.

The quoted spread of 63p - 78p is prohibitive, but 5,000 shares were easy to buy at 73p this morning.

[jonwig] 14/5/2013 10:18

hxxp://shorecap.gg/investor-relations/announcements/2013







Principal Investments:

£1,400,000 Saville Services (contracting services, housebuilding)
£1,250,000 Puma Brandenburg (Berlin apartments, loans) NQ
£ 920,000. Brewhouse and Kitchen (inns, mainly loans)
£ 860,000. Organic Waste Mgt (biodiesel, loan) NQ
£ 700,000. SIP Communications (IP Telephony provider)
£ 668,000. Huntly Trading & Isaacs Trading (project services, apartments)
£ ........ Frederica Trading & Glenmoor Trading (social housing)
£ ........ Mirfield Construction (project services, housebuilding)



NAV:

15/03/13 ... 72.59p
31/05/13 ... 72.32p