Herald Investment Trust PLC Update research from QuotedData
April 01 2020 - 9:12AM
RNS Non-Regulatory
TIDMHRI
Herald Investment Trust PLC
01 April 2020
Herald Investment Trust - Update research from QuotedData
1(st) April 2020
Change is a coming
Following an excellent year of performance during 2019 (a net
asset value (NAV) total return of 27.5%), Herald Investment Trust
(HRI) has seen its discount widen and the value of its portfolio
companies fall since the outbreak of covid-19.
As authorities scramble to contain the virus, our lives are
changing in significant ways. Inevitably, technology is enabling
these changes and this will accelerate the demand for associated
products (Internet (VoIP) phones, teleconferencing services, remote
desktop access, VPNs, etc) and will likely offer other solutions to
the challenges that society currently faces. With HRI's discount
elevated and its holdings cheaper than they have been, the current
environment may offer a good entry point for the patient
investor.
Full research:
https://quoteddata.com/research/herald-investment-trust-change-coming-2/
This research is also available free on our website
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END
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