LEM:CAPX just increased its participation in EARN:CAPX. We hold now 4% or 200'000 of the outstanding shares what makes us to the third biggest investor in this company right now.
We consider this as strategic pariticipation in a company which showed till now a steady growth and a potential for further innovations like the new Dragons & Princesses game in SL which will become operational in the fall. We expect that this new game might contribute to an even stronger growth of the ROI of EARN:CAPX.
Our investment in EARN:CAPX is a major one for us in relation to the other titles we have in our portfolio. It might be seen as an important risk factor. However, as said this is a strategic investment for us and we have other plans in mind how we will use it. It is not our intention to push this participation further as we try not to have more than 5% of the outstanding shares in a company. New earnings will be invested otherwise to diverse our portfolio and to develop new products.
The overal dividend strategy will not change. As EARN:CAPX has a high EPS (Earnings per share) this fact will also contribute to ours. As outlined in our company brochure, LEM:CAPX is objecting to have a dividend of 1% per month paid whenever possible. The surplus will go into product development.
If you have further question then please dont't heistate to contact me
Greetz
Cas
No comments:
Post a Comment