Majedie Inv. Share Price (MAJE)

.wealthoracle.co.uk/featured-companies

Majedie Investments reported a resilient first half for FY26, with net asset value total return increasing 4.4% over the six months to 31 March 2026, while the share price total return rose 10.4%, resulting in the discount to NAV narrowing materially from 14.0% to 9.3%. The company paid dividends totalling 4.5p per share during the period, representing a 9.8% increase versus the prior year comparative period, consistent with its policy of paying quarterly distributions equivalent to 0.75% of NAV. Management highlighted that performance was achieved during a highly volatile macro backdrop characterised by geopolitical tensions, energy market disruption and changing interest rate expectations following the escalation of conflict involving Iran and disruption through the Strait of Hormuz. All three core portfolio strategies contributed positively during the period. External Managers remained the largest driver of returns, contributing 371 basis points to overall performance, supported primarily by strong gains from the Absolute-return allocation. Key contributors included Contrarian Emerging Markets Fund, Fearnley Energy Alpha, Paradigm BioCapital and Helikon Long Short Equity Fund. Management noted that the strategy’s emphasis on idiosyncratic, low-correlation return streams helped reduce dependence on broader equity market direction during a period of heightened volatility and narrowing...

.wealthoracle.co.uk/featured-companies

Fascinating history from rubber plantation to investment trust. Mostly to look after the Barlow family fortune. Started to go horribly wrong at the turn of the century when it was a respectable £4 plus 5 percent dividend. Slid to £3.36 before financial crash and then halved. Has made a weak recovery into £2 territory but pretty much flat lined for five years. Has to be one the worst performing trusts of this century. They put new mangers in place who claim they are aligned with shareholders! Shareholder value destruction has been epic. Steer well clear.

Https://www.proactiveinvestors.co.uk/companies/news/1074598/majedie-investments-portfolio-outlook-and-key-ideas-one2one-investor-forum-1074598.html

Https://www.proactiveinvestors.co.uk/companies/news/1072880/majedie-investments-3-pronged-approach-to-diversification-1072880.html

Revised timetable for publication of NAV. Furthering the excellent streamlining of the business. Well that about wraps it up for another year