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Pin to quick picksPhoenix Spree D Share News (PSDL)

Share Price Information for Phoenix Spree D (PSDL)

London Stock Exchange
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Share Price: 157.00
Bid: 157.50
Ask: 159.00
Change: -0.25 (-0.16%)
Spread: 1.50 (0.952%)
Open: 157.00
High: 157.00
Low: 157.00
Prev. Close: 157.25
PSDL Live PriceLast checked at -
Phoenix Spree Deutschland is an Investment Trust

To provide Shareholders with both stable income returns, as well as capital growth through investment in German real estate, with a focus on residential properties in Berlin and secondary German cities.

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SMALL-CAP WINNERS & LOSERS: Caffyns in fast lane as profit surges

Wed, 02nd Jun 2021 11:21

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.

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SMALL-CAP - WINNERS

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Caffyns PLC, up 12% at 449.00 pence, 12-month range 220.00p-469.00p. The car dealer posts sharp rise in annual profit. For year ended March 31, pretax profit jumps to GBP1.4 million from GBP103,000 last year but revenue falls to GBP165.1 million from GBP195.8 million. "Our showrooms were allowed to reopen in mid-April 2021 so we have started the new financial year with a sense of optimism, although we are mindful that the future course of the covid-19 pandemic remains uncertain," company says.

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Bloomsbury Publishing PLC, up 6.8% at 330.00p, 12-month range 243.00p-347.00p. The publishing house proposes special dividend after upbeat annual results. For the financial year ended February 28, pretax profit was up 31% to GBP17.3 million from GBP13.2 million the year before on revenue of GBP185.1 million, up 14% from GBP162.8 million. Bloomsbury declares a total dividend of 8.86 pence per share, an 8% increase on the 8.17p the year before. It also proposes a special dividend of 9.78p.

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Phoenix Spree Deutschland PLC, up 3.4% at 393.00p, 12-month range 269.59-393.00p. Shares in German residential property investor hits 12-month high as it plans a new share buyback programme. Notes the share price continues to trade at a material discount to net asset value. As at June 1, discount stood at 17%, a level it believes does not reflect track record and performance of underlying portfolio and positive outlook following removal of the Berlin rent controls. Company now intends to adopt a more proactive buyback strategy in order to take advantage of the valuation discount. It will make a material allocation of capital to the buyback programme funded through a combination of existing cash balances, refinancing, condominium sale proceeds and the disposal of non-core assets.

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Integrated Diagnostics Holdings PLC, up 0.9% at USD1.12, 12-month range USD0.90-USD17.02. The Africa-focused consumer healthcare firm reports record-breaking quarterly revenue performance on the back of its coronavirus-related test offering. IDH posts revenue for the quarter to March 31 of EGP1.1 billion, around GBP50.8 million, more than double the EGP500 million seen a year before.

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By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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6 Apr 2020 13:22

Phoenix Spree Deutschland Portfolio Prepared For New Berlin Rent Rules

Phoenix Spree Deutschland Portfolio Prepared For New Berlin Rent Rules

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25 Feb 2020 12:16

Phoenix Spree Deutschland Notes Passing Of Berlin Rent Cap As Law

Phoenix Spree Deutschland Notes Passing Of Berlin Rent Cap As Law

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30 Jan 2020 15:22

Phoenix Spree Expects Rise In Net Asset Value As Portfolio Value Grows

Phoenix Spree Expects Rise In Net Asset Value As Portfolio Value Grows

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18 Dec 2019 11:46

Phoenix Spree Deutschland Acquires Apartment Complex Near Berlin

Phoenix Spree Deutschland Acquires Apartment Complex Near Berlin

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18 Oct 2019 09:57

Phoenix Spree To Buy Back 10% Of Shares As Condo Sales Thrive

Phoenix Spree To Buy Back 10% Of Shares As Condo Sales Thrive

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16 Oct 2019 13:17

Phoenix Spree Deutschland Backs 2020 Company Continuation Vote

Phoenix Spree Deutschland Backs 2020 Company Continuation Vote

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26 Sep 2019 11:15

Phoenix Spree Deutschland Keeps Interim Dividend Amid Profit Drop

Phoenix Spree Deutschland Keeps Interim Dividend Amid Profit Drop

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12 Sep 2019 12:40

Phoenix Spree Deutschland Signs EUR240 Million Loan Facility

(Alliance News) - Berlin real estate-focused investment firm Phoenix Spree Deutschland Ltd said Thursday it has completed a new EUR240 million term loan facility, agreed with Natixis AG.The

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21 Jun 2019 18:07

Phoenix Spree Deutschland Show Disapproval Of Board's Performance

(Alliance News) - Phoenix Spree Deutschland Ltd shareholders showed their discontent with the company's board Friday with more than a fifth voting against several members of the board's of

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4 Jun 2019 14:50

Phoenix Spree Unaware Of Any Interest Held By Woodford Funds (ALLISS)

LONDON (Alliance News) - German residential property firm Phoenix Spree Deutschland Ltd on Tuesday said it is unaware of any shares held by funds managed by Woodford Investment Management Neil on

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3 Jun 2019 17:35

Foresight Solar Fund Names Kairos Wealth Co-Founder As Non-Executive

LONDON (Alliance News) - Foresight Solar Fund Ltd on Monday said it appointed Monique O'Keefe as an independent non-executive director, starting from Saturday last week.The investment

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27 Sep 2018 11:23

Phoenix Spree Deutschland Profit Drops On Fall In Fair Value Gains

LONDON (Alliance News) - Germany-focused real estate investment company Phoenix Spree Deutschland Ltd said on Thursday its profit dropped sharply after a fall in the fair value gain on investment

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6 Jul 2018 16:24

Woodford Investment Management Halves Phoenix Spree Stake (ALLISS)

LONDON (Alliance News) - Phoenix Spree Deutschland Ltd said Friday that Woodford Investment Management Ltd halved its stake in the company to 7.07%.Woodfrod previous holding in the company

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27 Apr 2018 10:57

Phoenix Spree Deutschland 2017 Profit Rises On Valuation Gain

LONDON (Alliance News) - Residential and commercial property Phoenix Spree Deutschland Ltd said on Friday its profit for 2017 more than doubled due to a significant gain in investment property a a

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14 Mar 2018 13:12

BP Marsh Has Strong February After Positive Results - QuotedData

LONDON (Alliance News) - Net asset value moves during February were a result of dollar strength rather than a change in the local currency value of assets, according to a by a

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