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IN BRIEF: LMS Capital net asset value dips over third quarter

Fri, 22nd Oct 2021 15:50

LMS Capital PLC - London-based investment company - As at September 30, net asset value per share is 58.0 pence, dipping from 59.0p at the end of June.

This is in spite of a rise in the investment portfolio to GBP21.5 million from GBP21.4 million.

Looking ahead, with cash balance at GBP20.5 million, the company remains highly cautious about how its liquid resources are used. LMS Capital continues to review opportunities with its real estate teams.

Current stock price: 32.88 pence

Year-to-date change: up 9.6%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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