ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

EFM Edinburgh Dragon Trust Plc

400.50
0.00 (0.00%)
12 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Edinburgh Dragon Trust Plc LSE:EFM London Ordinary Share GB0002945029 ORD 20P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 400.50 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
400.50 403.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 400.50 GBX

Edinburgh Dragon (EFM) Latest News

Edinburgh Dragon News

Date Time Source Headline
01/12/202307:00RNSNONAsia Dragon Trust PLC Kepler Trust Intelligence: New Research

Edinburgh Dragon (EFM) Discussions and Chat

Edinburgh Dragon Forums and Chat

Date Time Title Posts
10/6/201320:05good trust for access to Asia32
16/4/200623:39Everett Financial Management1

Add a New Thread

Edinburgh Dragon (EFM) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Edinburgh Dragon (EFM) Top Chat Posts

Top Posts
Posted at 13/5/2012 18:38 by northernlass
EDINBURGH DRAGON PERFORMS WELL IN VOLATILE CONDITIONS

Edinburgh Dragon Trust, the FTSE 250 Asian investment trust, has seen its net asset value (NAV) outperform its benchmark in the first half despite volatile conditions in equity markets.

The group, whose objective is long-term capital growth through investment in the Far East (excluding Japan and Australasia), said that NAV rose 8.7% in sterling terms on a total return basis in the six months to February 29th, compared with the 7.4% rise for the MSCI All Country Asia (excluding Japan) Index. "Good stock selection", notably in Hong Kong and China, drove the outperformance, the group said.

The firm's share price, which rose from 230p to 252.6p during the period, was trading at a 6.4% discount to NAV, narrower than the 8.5% at the start of the period.

"Although Asia remains vulnerable to the uncertain global economic and market conditions, its dependence on external demand will gradually decrease over the longer term as domestic consumption and investment continues to rise. The region's economic fundamentals remain robust with healthy company balance sheets, good corporate earnings and valuations remain reasonable," the company said.

The Eurozone debt crisis and 'hard-landing' concerns in China fuelled a sell-off at the start of the company's first half, but were followed by a rebound that last till the period-end "thanks to continued central bank support which eased contagion fears." US economic data and the Federal Reserve's low-rate pledge also helped sentiment, the group said.

The company revenue account recorded a deficit on ordinary activities after taxation of £807,000 (-0.41p per share) compared with a return of £115,000 (0.06p per share) in the first half last year, due to the interest on the 3.5% cumulative unsecured loan stock 2018 being charged to the revenue account.

However, the company assured that the majority of its portfolio income is accounted for in the second half and it anticipated making a positive revenue return for the full year.



P.S.

Here's a couple of links about SCLP, one of the hottest stocks at the moment:
Posted at 15/10/2010 06:42 by jhan66
35% growth.
My thanks, EFM & Allan McKenzie. Same again next year please.
Posted at 05/1/2010 11:47 by washbrook
So much for my forecast on Feb 24.09.
Added to the stock this morning.
Notice at the graph Aberdeen New Dawn outperforming EFM, I wonder how long that will be.
CLICK GRAPH TO ENLARGE
------------------------
Posted at 17/2/2009 10:18 by washbrook
My view this is the best Investment Trust in Asia.
Aberdeen New Dawn track record is good but now I prefer EFM.
Both trusts have similar top 10 holdings.
Aberdeen New Dawn fact sheet 31.12.08:-

------------------------------------------------------
Edinburgh Dragon fact sheet 31.12.08:-
Posted at 20/11/2007 12:05 by hectorp
It will soon be time to revisit EFM 's Dragon trust,
audited! NAV IS 172P ( 15TH Nov) share price is around 144.5 - a hefty discount. Also the share has shed 30p recently. Watch for an entry point in coming days and weeks

JP Morgan this week considers that after any weak period ( ie now!) the places to be in 2008 are
Thailand Hong Kong Malaysia and China.

Compared with TEM ( Templeton) there should be little exposure to Taiwan and Korea ( both are exposed to a US downtirn as key supplier countries)
however the countries mentioned above should return 16-20% gains in spite of a good 2007 .
Posted at 30/7/2007 07:11 by hectorp
NAV reportedas 167p.... a discount of over 18% to the share price.
There is value here.
Posted at 22/1/2007 14:13 by stucom
has anyone invested in dragon of late?...i have retired year end and looking to diversify my portfolio for growth. is the sector (asia) still looking good,or has it topped?................i am currently going over the efm website,and aber.asset mang too.can anyone give me a reason for the big slip in the share price from 140p area last spring?..........cheers..stu
Posted at 18/11/2006 14:42 by jhan66
this went xd last week .1228p per share.
now is that £0.001228, a little under £1 per £1000 investment?
because if it is I'd rather they save the Post
Posted at 16/4/2006 23:39 by andy
Plot thickens at Hansard

Public relations outfit Hansard shot up 2.25p, or 22 per cent, to 12.5p after saying it was in talks with one of its clients, stockbroker Sky Capital, that may lead to an offer for the group.

Only a fortnight beforehand Hansard had pulled out of takeover talks with another Aim company, NWD. Sky itself recently acquired former licensed share dealer Everett Financial Management.
Posted at 12/2/2006 22:19 by nikolaos17
time to get EFM for the long term
Edinburgh Dragon share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock