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Share Name Share Symbol Market Type Share ISIN Share Description
Herald Investment Trust Plc LSE:HRI London Ordinary Share GB0004228648 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  38.00 2.74% 1,426.00 1,418.00 1,424.00 1,428.00 1,370.00 1,370.00 47,308 16:35:24
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 11.7 0.3 0.1 28,520.0 955

Herald Investment Trust PLC Update research from QuotedData

01/04/2020 2:12pm

RNS Non-Regulatory


TIDMHRI

Herald Investment Trust PLC

01 April 2020

Herald Investment Trust - Update research from QuotedData

1(st) April 2020

Change is a coming

Following an excellent year of performance during 2019 (a net asset value (NAV) total return of 27.5%), Herald Investment Trust (HRI) has seen its discount widen and the value of its portfolio companies fall since the outbreak of covid-19.

As authorities scramble to contain the virus, our lives are changing in significant ways. Inevitably, technology is enabling these changes and this will accelerate the demand for associated products (Internet (VoIP) phones, teleconferencing services, remote desktop access, VPNs, etc) and will likely offer other solutions to the challenges that society currently faces. With HRI's discount elevated and its holdings cheaper than they have been, the current environment may offer a good entry point for the patient investor.

Full research:

https://quoteddata.com/research/herald-investment-trust-change-coming-2/

This research is also available free on our website www.quoteddata.com where you will also find news, performance data and factsheets on every London listed Investment Company. QuotedData writes and distributes research on a number of quoted companies, facilitates meetings between those companies and existing and potential investors and assists in raising additional capital where required.

NB: Marten & Co was paid to produce this note on Herald Investment Trust Plc and it is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the FCA. Marten & Co is not permitted to provide investment advice to individual investors categorised as Retail Clients under the rules of the Financial Conduct Authority.

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END

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April 01, 2020 09:12 ET (13:12 GMT)

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