LEM
ended the first quarter 2012 with a net profit of 149'760 (139'602
$L). The overall value of our portfolio (NAV),evaluated at purchase
prices, increased to 0.64 (0.57) $L/share. Dividend will be
distributed on 2nd April 2012.
The detailed financial report is given here.
Shareholder’s equity: 1'153'000 (1'066’000) $L
Net Profit: 149'760 (139'602 $L)
Dividend: 50’000 (41'654) $L
1’500’000 shares, nominative value: 0.5 $L
NAV: 0.64 (0.57) $L
----------------------- Figures in ( ) of last month
LEM continued to build up its portfolio. Diversification reached a level we no longer feel comfortable with-We have some “bad” eggs in out portfolio which are somehow limiting our forecasts. To mention is ABS which will most likely fail. An important position we also are holding in EVO where no information is available at the moment. We counter balance such development with the depreciation we apply on our portfolio. Also such manner is surely not the standard procedure we would like to follow.
We continued to increase our cash position during the last month. As said before, we are open to study upcoming projects of third parties and evaluate whether and how we could support those and bring them to success.
Our revenues experienced again an increase through the first quarter of 2012. However such was again related to extraordinary consultancy work in the field of business strategy management which continued an unexpected manner. We cannot guarantee that such will continue also we are looking actively for alternatives. That extra income was mainly used to reduce the loan of Casper Trebuchet.
The detailed financial report is given here.
Shareholder’s equity: 1'153'000 (1'066’000) $L
Net Profit: 149'760 (139'602 $L)
Dividend: 50’000 (41'654) $L
1’500’000 shares, nominative value: 0.5 $L
NAV: 0.64 (0.57) $L
----------------------- Figures in ( ) of last month
LEM continued to build up its portfolio. Diversification reached a level we no longer feel comfortable with-We have some “bad” eggs in out portfolio which are somehow limiting our forecasts. To mention is ABS which will most likely fail. An important position we also are holding in EVO where no information is available at the moment. We counter balance such development with the depreciation we apply on our portfolio. Also such manner is surely not the standard procedure we would like to follow.
We continued to increase our cash position during the last month. As said before, we are open to study upcoming projects of third parties and evaluate whether and how we could support those and bring them to success.
Our revenues experienced again an increase through the first quarter of 2012. However such was again related to extraordinary consultancy work in the field of business strategy management which continued an unexpected manner. We cannot guarantee that such will continue also we are looking actively for alternatives. That extra income was mainly used to reduce the loan of Casper Trebuchet.
Again
we hope to see this consultancy business growing but if we say
extraordinary revenu we mean extraordinary revenu … and yes, we are
still dreaming of creating derivatives at CAPX... what last long...
may be somebody can complete here...lol
Dividend will be distributed on 2nd April 2012.
Thank you again for your confidence….If you have further questions, don’t hesitate to contact us.
Happy trading to all of you at CAPX....
Greetz
Casper Trebuchet
http://lemurinvest.blogspot.com
Dividend will be distributed on 2nd April 2012.
Thank you again for your confidence….If you have further questions, don’t hesitate to contact us.
Happy trading to all of you at CAPX....
Greetz
Casper Trebuchet
http://lemurinvest.blogspot.com
