The Lemon Fool

Another pleasing read: this time Octopus AIM reporting a near-40% annual return: https://www.investegate.co.uk/article.a ... 52025H7445 . The reporting period ends Feb 28th, so the startingpoint was just before the big dip in March.

They report that that new investments were slower last year, but picking up nicely this year. £9.6m in new investments over the period.

Oh, and a 6p divi in August: 3.5p final + 2.5p special. Can't complain too loudly!

Also today, the Baronsmeads reported. About +17% (from memory), which is pretty-much a recovery of previously-lost ground. I guess that's their belated answer to the recoveries seen in some of their peers. Regular divis in September.

UncleEbenezer wrote:Also today, the Baronsmeads reported. About +17% (from memory), which is pretty-much a recovery of previously-lost ground. I guess that's their belated answer to the recoveries seen in some of their peers. Regular divis in September.

The Baronsmead Venture Trust ( BVT) half year report of 27th has received a correction today (28th)

The results paragraph of the Chairman's statement should have read "During the six months to 31 March 2021, the Company's NAV per share increased 16.6 per cent. from 67.9p to 79.2p after the payment of a final dividend of 3.5p per share on 5 March 2021."
All other details remain unchanged.
The full amended text is shown below

but if you scan down to Financial Highlights you get

+16.6% Net Asset Value (NAV) per share increased 16.6 per cent. to 79.2p in the six months to 31 March 2021, before deduction of dividends.

However in the Chairman's statement you get

During the six months to 31 March 2021, the Company's NAV per share increased 16.6 per cent. from 67.9p to 79.2p after the payment of a final dividend of 3.5p per share on 5 March 2021.

So by a majority of 2 to 1, the 16.6% is after the payment of a final dividend. I suspect we will see another corrected report