LONDON, July 3, 2014 /PRNewswire/ --
Today, Earnings Review released its analysts' notes regarding Pace plc (LON: PIC), Caledonia Investments plc (LON: CLDN), Kentz Corporation Limited (LON: KENZ), Murray International Trust plc (LON: MYI) and Persimmon plc (LON: PSN). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://earnings-review.com/4426-100free.
Pace plc Analyst Notes
On May 20, 2014, Pace plc (Pace) reported that its group company, Aurora Networks, has partnered with TELEFUNKEN Communications AG, a German fiber network company, to launch fast internet services, where Aurora Networks will supply its industry-proven Unified PON (Passive Optical Network) portfolio. Both residential and commercial customers can access these services in select communities in Rhineland-Palatinate, Germany. Commenting on the new services, Scott Weinstein, Vice President, Marketing, Aurora Networks, said, "As the expert in Optical Transport and Access Network solutions, Aurora Networks is always pushing technology boundaries to provide the best solution for our customers. Our Unified PON portfolio is optimized for operators who want to cost-effectively evolve their networks to meet changing customer demand." The full analyst notes on Pace are available to download free of charge at:
Caledonia Investments plc Analyst Notes
On June 19, 2014, Caledonia Investments plc (Caledonia) provided an update to its diluted net asset value (NAV). The Company had diluted NAV per share of 2,624 pence per share as at May 31, 2014. The Company provided the update in relation to the current market valuation of JD.com, Inc (JD.com), which was recently listed on NASDAQ. Caledonia informed that it has a limited partner interest in Capital Today China Growth Fund, L.P. (CTC Fund), a private equity fund which has invested in JD.com. On a look-through basis, Caledonia owns 5.6 million American Depository Shares in JD.com through the CTC Fund with the potential increase to Caledonia's NAV as at May 31, 2014 being c.£46 million or 83 pence per share. The Company added that the valuation of the holding in the CTC Fund will be formally updated within Caledonia's NAV on receipt of the next CTC Fund manager's valuation. The full analyst notes on Caledonia are available to download free of charge at:
Kentz Corporation Limited Analyst Notes
On June 10, 2014, Kentz Corporation Limited (Kentz) announced that it has been awarded a $125 million contract by Qatargas Operating Company Limited (Qatargas) for the turnkey process package of a new wastewater facility located in the Qatargas LNG Plant, Ras Laffan Industrial City, Qatar. Under the contract, Kentz will provide process engineering, procurement, installation, construction, and commissioning (EPICC) services to deliver wastewater recycling and reduction facilities to four LNG trains, through its Engineering and Projects (E&P) business unit. The contract is scheduled for completion in 2016. Commenting on the contract, Tush Doshi, President, Engineering and Projects Business Unit, said, "Kentz is extremely happy to be awarded this package and to continue our long-standing relationship with Qatargas. This award signals the continued achievements of our E&P business in the region and reflects the successful outcome of a focused strategy within one of our core markets." The full analyst notes on Kentz are available to download free of charge at:
Murray International Trust plc Analyst Notes
On June 30, 2014, Aberdeen Asset Management PLC, the investment manager of Murray International Trust plc (Murray), announced the unaudited net asset values (NAVs) at close of business on June 27, 2014. While Murray's undiluted NAV, excluding income, stood at 989.78 pence per ordinary share, including income it was 1,013.18 pence. Murray's NAV with debt at fair value, excluding income, was 986.43 pence, and including income was 1,009.82 pence. Murray informed that the NAV calculation is in accordance with the recommendations of the Association of Investment Companies. The full analyst notes on Murray are available to download free of charge at:
Persimmon plc Analyst Notes
On June 27, 2014, Persimmon Homes North Midlands, a part of Persimmon plc (Persimmon), announced the launch of a new development, Scholar's Grange, containing a range of two, three and four-bedroom homes. Sherrie Hankin, Head of Sales for Persimmon Homes North Midlands, said, "This new development will provide a stunning range of house designs and has had a lot of interest even before we opened. It is situated on the outskirts of Melton Mowbray, and has beautiful surroundings as the town lies along the River Eye and River Wreake. The town dates back to the Bronze and Iron Ages and there is also evidence of Roman occupation." The Company stated that schemes are available for the buyers, including the Government-backed 'Help to Buy' scheme. The full analyst notes on Persimmon are available to download free of charge at:
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