Returning 15.4% over the 6 months to 30 June, BPET’s NAV TR was strong and its share price TR (+39.1%) was even stronger. The board declared a quarterly dividend of 4.7p (up 9.6%). Encouraging, the NAV return was driven largely by earnings growth and exit activity not multiple expansion. In our opinion, the pandemic has demonstrated the robustness of BPET’s portfolio. Discussions with management highlight a strong pipeline of opportunities (exits and investments) and an expectation for activity ....
27 Aug 2021
Interim results - activity levels to remain elevated
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Interim results - activity levels to remain elevated
CT Private Equity Trust PLC (CTPE:LON) | 458 6.9 0.3% | Mkt Cap: 329.0m
- Published:
27 Aug 2021 -
Author:
Paul Glover | Charles Murphy -
Pages:
3
Returning 15.4% over the 6 months to 30 June, BPET’s NAV TR was strong and its share price TR (+39.1%) was even stronger. The board declared a quarterly dividend of 4.7p (up 9.6%). Encouraging, the NAV return was driven largely by earnings growth and exit activity not multiple expansion. In our opinion, the pandemic has demonstrated the robustness of BPET’s portfolio. Discussions with management highlight a strong pipeline of opportunities (exits and investments) and an expectation for activity ....