Eurocastle

Beleggen in aandelen beurs Amsterdam, AEX en AMX index, etc.
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marvan
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Re: Eurocastle

Berichtdoor marvan » 17 Mei 2018 10:22

Eurocastle Investment Limited : First Quarter 2018 Results, Distribution and AGM

Net Asset Value ("NAV") of €505.1 million[1], or €9.58 per share[2].

Normalised FFO[3]of €7.3 million, or €0.14 per share2, for the first quarter of 2018.

https://finance.yahoo.com/news/eurocast ... 02280.html

First Quarter 2018 Distribution of €0.33 per share2, consisting of the regular quarterly dividend of €0.15 per share and an additional €0.18 per share capital distribution representing an acceleration of capital that would have otherwise been distributed in August 2018 under the Company`s distribution policy. The dividend and capital distribution were declared on 16 May 2018 and will be paid on 31 May 2018 to shareholders of record at close of business on 23 May 2018, with an ex-dividend date of 22 May 2018.


marvan
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Re: Eurocastle

Berichtdoor marvan » 18 Mei 2018 16:14

Edited Transcript of ECT.AS earnings conference call or presentation 17-May-18 1:00pm GMT

https://finance.yahoo.com/news/edited-t ... 51263.html
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Orzonal
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Re: Eurocastle

Berichtdoor Orzonal » 22 Mei 2018 17:32

Ik heb er een aantal interessante stukjes uitgehaald:
Toch wel indrukwekkende cijfers.


Eurocastle is one of the most active players in the Italian NPL market which is the largest NPL market in Europe with over EUR 260 billion gross book value of bad loans on banks' balance sheets. Today, Eurocastle owns approximately 26% of doBank, which is the largest independent servicer in Italy, a share in 23 pools of Italian nonperforming loans with gross book value approximately EUR 25 billion and a handful of strategic investments in real estate funds.

Since 2015, Eurocastle has invested over EUR 0.5 billion in Italian investments. These investments have demonstrated a strong performance, allowing the company to distribute EUR 381 million back to shareholders through a combination of dividends and accretive share buybacks. Eurocastle Q1 NAV is EUR 505 million or EUR 9.58 per share. The total annualized return on NAV since 2013 when the company first announced its new strategy is 14%.

Since 2013, through 2 public offerings, we've raised EUR 421 million, of which EUR 312 million was in 2015. So far, using the new and existing capital, we have invested or committed EUR 507 million in Italy and returned EUR 381 million to our shareholders through dividends and through accretive share buybacks. Our annualized total return on share price since 2013 is 11% and total return on NAV is 14%. Those numbers increased to 13% and 18%, respectively, since the second offering in 2015.

Je kan natuurlijk wel de bedenking maken dat ze de gemakkelijkste delen van die 'slechte leningen' al hebben omgezet in cash, maar voor hetzelfde geld kunnen ze hier nog jaren aan verdienen.
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Dirk19
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Re: Eurocastle

Berichtdoor Dirk19 » 22 Mei 2018 19:06

Zijn er geen analisten die Eurocastle volgen? Lijkt mij momenteel een mooi instapmoment
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Re: Eurocastle

Berichtdoor Orzonal » 23 Mei 2018 14:23

Dirk19 schreef:Zijn er geen analisten die Eurocastle volgen? Lijkt mij momenteel een mooi instapmoment


Ik denk dat hun verleden hen nog steeds achtervolgt.
Analisten zullen hun vingers niet willen verbranden aan Eurocastle.

Maar je hebt gelijk. Het is weer een mooi instapmoment.
Alles onder de 9.5 euro is volgens hun cijfers kopen met korting.
Bovendien is het dividend fenomenaal.
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Aandelen: Agfa Gevaert, Nyrstar, KBC Ancora, AB Inbev, Engie, Balta Group, Eurocastle, Euronav, Melexis, Ontex, Exmar, Bekaert.
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marvan
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Re: Eurocastle

Berichtdoor marvan » 24 Mei 2018 20:56

EJF Debt Opportunities Master Fund, L.P., the beneficial owner of 26.2% of shares of Eurocastle Investment Limited (ECT.AS) (“Eurocastle” or the “Company”), has today sent a letter to Eurocastle’s Board of Directors. This letter calls for a change in the Company’s strategic direction, raising concerns around the following five issues:

The Company’s position in doBank represents almost half its overall NAV
The Company continues to trade at a discount to NAV
The Board’s decision to hold approximately 27% of NAV in uninvested cash is excessive
The Company’s management fees related to its position in doBank, which is independently managed, are also excessive
The need for additional independent Board members

https://finance.yahoo.com/news/ejf-send ... 00727.html
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Re: Eurocastle

Berichtdoor marvan » 24 Mei 2018 20:59

Q1 2018 Eurocastle Investment Ltd Earnings Call

https://finance.yahoo.com/news/edited-t ... 51263.html

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Re: Eurocastle

Berichtdoor marvan » 21 Jun 2018 12:44

Eurocastle Announces 2018 AGM Results

Guernsey, 21 June 2018 - Eurocastle Investment Limited ("Eurocastle" or the "Company") today announces the results of its 2018 Annual General Meeting held yesterday, 20 June 2018. All ordinary and extraordinary business tabled before the meeting in accordance with the Notice of Annual General Meeting circulated to shareholders on 30 May 2018 was approved. A copy of this Notice is available on Eurocastle`s website at http://www.eurocastleinv.com.

In addition the Company issued 1,000 shares to each of its three independent directors as part of their in-place compensation arrangements. The shares were issued out of treasury shares held by the Company. The total shares outstanding therefore remains 66,121,054, while those excluding treasury shares now stands at 52,715,164.

https://finance.yahoo.com/news/eurocast ... 01622.html
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Re: Eurocastle

Berichtdoor marvan » 04 Jul 2018 17:46

Eurocastle Announces Tender Offer to Repurchase up to €40 million of Ordinary Shares at €8.00 per Ordinary Share and Launch of Share Buy-Back Programme

Guernsey. 2 July 2018 - Eurocastle Investment Limited (Euronext Amsterdam: ECT) ("Eurocastle" or the "Company") today announces a tender offer (the "Tender Offer") for the repurchase of up to €40 million of ordinary shares in the Company ("Ordinary Shares") for a fixed price of €8.00 per Ordinary Share. In addition, Eurocastle will commence a programme to buy back shares listed on Euronext following the settlement of the Tender Offer which is expected to occur on 6 August 2018 (the "Share Buy-Back Programme").

A circular (the "Circular") to shareholders in relation to the Tender Offer has been posted on the Investor Relations section of the Company`s website under the tab "Periodic Reports and Shareholder Communications - Tender Offer".

The Tender Offer and the Share Buy-Back Programme are being undertaken pursuant to the authority passed at the Company`s Annual General Meeting held on 20 June 2018. The Tender Offer will remain open until 11.59 p.m. (ET) on 30 July 2018 and is being made at a price of €8.00 per existing Ordinary Share in issue (the "Tender Price"). The repurchase of Ordinary Shares by the Company pursuant to the Tender Offer will be carried out through ABN AMRO Bank N.V. acting for and on behalf of the Company as agent.

https://finance.yahoo.com/news/eurocast ... 02067.html

Orzonal
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Re: Eurocastle

Berichtdoor Orzonal » 17 Jul 2018 22:44

Eurocastle doet weer een poging om aandelen over te nemen aan 8 euro per stuk.
Ze hebben een budget van 40 miljoen voorzien voor die actie.

Dat lijkt me wat weinig, maar het zorgt er misschien voor dat er minder aandelen in omloop zijn.
Aandelen: Agfa Gevaert, Nyrstar, KBC Ancora, AB Inbev, Engie, Balta Group, Eurocastle, Euronav, Melexis, Ontex, Exmar, Bekaert.
Verkocht: Roularta, Global Graphics, AD.