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"Unlike many property businesses, we have experience in managing downturns and substantial cash resources. With this strong cash position and no gearing, no development schemes and no projects involving major capital expenditure, we are well placed to take advantage of the exceptional opportunities which challenging market conditions produce, and particularly to make attractive property acquisitions in an increasingly distressed market."
David Tye, Chairman, 8th October 2008
Latest Report
View our 2008 Annual Report:
PDF (1.38MB)
or Interactive version
Latest News
- 22/12/2008Director/PDMR Shareholding
- 12/12/2008Director/PDMR Shareholding
- 11/12/2008Strategic Review
FINANCIAL HIGHLIGHTS
Half year ended 31 July 2008
- Profit from net revenue items £1.1 million
- Loss before tax £4.4 million
- Triple net asset value per share 463p
- RAM's fee income increased by 11% to £2.1 million
- RAM's assets under management over £500 million
- Net cash balances of £9.5 million post period end
- Interim dividend unchanged at £3.8p per share
