Re: Does anybody know? Agreed. Strangely weak, despite a big discount and good results. Still, the top lady and George Soros both have large holdings, so I'm happy to stay in for now.
McHattie makes some good points an undervalued investment - worth a lot more.
Re: Does anybody know? And still not too popular. McHattie's Investment Trust Newsletter (tipsheets.co.uk) March 2017 says . . " nervousness about European investing . . The trust's income rose 23% last year and dividend jumped 37.1%, fully covered by earnings: asset growth of 6%ranks it third out of ten trusts over the same period. The trust has spent £100 million on buying back its own shares; the parent company KW Holdings has bumped up its stake to 23.6% from 18.2% a year ago, and to us the shares look cheap."
Looks good! And now yielding 4% by my calculation - and a lot more if Brexit takes place, I suspect.
Does anybody know? ...why this share keeps falling, whilst other European property cos, such as Phoen Spree rise, or do not fall?
Director buyiing... so may take a stake, for diversification purposes. Tiny dividend yield, though.
Kennedy Wilson Europe Real Estate fundmentals report Apparently 282% EPS growth next year on here: [link]