Impressive NAV growth (23%) in a difficult year Whitestone Group's (WG) FY22 NAV came in at EUR 29.5m or about EUR 13 per share. That is an impressive increase of 23% vs. last year's EUR 24m. With part of it due to strong results (more on this later) and with the other part related to a change in valuation methodology for the portfolio assets. Net cash at holding level remains plentiful at EUR 3.8m or >10% of the portfolio. Increased communication & transparency puts WG in the spotlightAs mentio ....

28 Apr 2023
FY22: An impressive hedge against volatility

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FY22: An impressive hedge against volatility
Impressive NAV growth (23%) in a difficult year Whitestone Group's (WG) FY22 NAV came in at EUR 29.5m or about EUR 13 per share. That is an impressive increase of 23% vs. last year's EUR 24m. With part of it due to strong results (more on this later) and with the other part related to a change in valuation methodology for the portfolio assets. Net cash at holding level remains plentiful at EUR 3.8m or >10% of the portfolio. Increased communication & transparency puts WG in the spotlightAs mentio ....