We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Kenmore Euro | KEIF | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 33.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 33.50 |
| Top Posts |
|---|
Posted at 20/4/2010 17:45 by scburbs More good work from KEIF. Net asset value continues to look increasingly robust and discount too wide."Kenmore European Industrial Fund is pleased to announce that it has sold a light industrial asset in Fyllinge, to the south of Gothenburg, Sweden, to a private investor for a net price of £3,452,750 million (SEK 38,000,000) after deduction of an allowance for latent capital gains tax. The net sale price is 1.4% above the property's December 2009 valuation." |
Posted at 14/4/2010 13:25 by affc21 So it looks like billionaire entrepreneur Joe Lewis has bought a further stake in KEIF through his Brockland company.Tamar Capital (which now owns KEIF's investment manager, Kenmore Financial Services) is also owned by the family trusts of Joe Lewis. |
Posted at 14/4/2010 13:03 by affc21 Brockland Inc. now own over 20% of KEIF.Edit: Kenmore Eur Ind Fund Amended Holding(s) in Company |
Posted at 17/3/2010 08:45 by lord gnome Looks like a very good deal for Hansteen. Small wonder that they turned their backs on KEIF. Having had a quick look at Hansteen though, I don't fancy them as an investment, whereas I still have KEIF on my watch list. |
Posted at 16/3/2010 07:47 by affc21 Highlights:· Adjusted net asset value* per share at 31 December 2009 of 79.8 pence, down 28.8 pence from 108.6 pence at 31 December 2008 but up 0.6 pence from 79.2 pence at 30 September 2009 · Successfully sold 31 assets for £92.1 million · Net gearing if all cash balances were applied would be 60.2% · Underlying portfolio values have decreased by 9.58% over the year · Further 0.75 pence dividend announced bringing total dividend announced in respect of 2009 to 1.50 pence per share · Intensive asset management and ongoing leasing activity resulted in 61 new leases signed and 88 leases renewed representing over 140,000 sq m of space and £7.4 million of gross annualised income. |
Posted at 16/3/2010 07:28 by affc21 Results outand with a further Dividend payment (shows confidence): Interim Dividend Kenmore European Industrial Fund Limited today announce a further interim dividend, in respect of the financial year ended 31 December 2009, of 0.75 pence per share as follows: Ex dividend date - 14 April 2010 Record date - 16 April 2010 Payment date - 30 April 2010 |
Posted at 12/3/2010 11:16 by typo56 LONDON (Dow Jones)--U.K. property investor Hansteen Holdings PLC (HSTN.LN) doesn't plan to make an offer for Kenmore European Industrial Fund Ltd. (KEIF.LN) but is open minded about the 12% stake it bought in the property firm last November. Speaking to Dow Jones Newswires Joint Chief Executive Ian Watson said Friday it wasn't allowed to carry out due diligence on Kenmore and informed the market that it had ended offer talks late Thursday. "This represents us putting this deal onto the back burner," he said. He added that Hansteen was "open minded" as to future plans for the 12% stake in Kenmore, and was looking at "significant" property deals in Europe and the U.K.. Kenmore declined to comment on the ending of the talks. At the time of the stake purchase Hansteen, which focuses on industrial property, said it had approached the board of KEIF with a potential offer valuing the company at around GBP56.8 million. The potential offer was made up of 20 pence in cash and 0.2469 new Hansteen shares for each KEIF share, which equated to around 40.6 pence a KEIF share. |
Posted at 12/3/2010 08:00 by typo56 I've not really been following KEIF but when was the announcement made by KEIF of the "significant equity fundraising"? Have HSTN let something slip here? Seems odd to make a deliberate point about it by releasing a revised RNS this morning. |
Posted at 09/3/2010 11:16 by skyship It was way back on 25th November when Hansteen announced they had bought a 12% stake in KEIF in an off-market transaction valuing KEIF @ c.40p/share. They entered into due diligence talks with KEIF at a time when the waters were muddied by the bankruptcy of the property managers Kenmore Investments.Up until then KEIF were ticking all the right boxes, especially with the active management of their property portfolio - hardly a month passing by without a further sale at above valuation and a further reduction in the LTV. Since November - a big silence and a slow but steady drift back in the share price So, my reading is that: If there is a bid from Hansteen, it will have to be at more than 40p & in CASH. If there isn't a bid from Hansteen - so what? Someone else might be in the wings; but KEIF were doing very well on their own. Either way, at 36.0p-36.5p they seem like value again, so I've made a small introductory purchase at a tad under 36.5p. Incidentally, can someone elucidate on the subject of deferred tax - as per the 19th Nov'09 IMS - see link below. If you add back the deferred tax the NAV leaps from 53.5p to 75p, but is that extra 21.5p real? Someone recently gave a very good explanation (perhaps on TMF - perhaps here on CP+) but I've forgotten the basic tenets of it all!!! |
Posted at 25/11/2009 08:34 by crawford Hansteen confirms that an approach has been made to the Board of KEIF in relation to a potential offer by Hansteen for the remaining issued and to be issued ordinary share capital of KEIF. The potential offer comprises 20p in cash and 0.2469 new Hansteen shares for each KEIF share, which equates to a value of approximately 40.6p per KEIF share and values the issued share capital of KEIF at approximately GBP56.8 million, based on the Hansteen share price of 83.25p as at the close of business on 24 November. Hansteen believes that this potential acquisition is an excellent opportunity to buy high yielding assets which would complement and extend its existing European portfolio. It would also further capitalise on the asset management expertise already developed by Hansteen in Europe. Furthermore, Hansteen believes that an offer at the level indicated would be in the interests of KEIF shareholders. |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
