For this podcast, Graham was pleased to be joined by Neil Johnson, Executive Director and CEO of Duke Royalty (DUKE) (latest share price 41.4p, market cap £83 million).
Duke is “a Guernsey-based diversified royalty investment company. The Company specializes in diversified royalty financing and provides alternative capital solutions to a diversified range of businesses in Europe and abroad”.
Podcast index:
0:00 Background to Duke.
04:00 Nature of the product.
08:00 Protection in defaults.
13:00 Capital Step acquisition
17:00 Features of CS investments
24:00 Portfolio diversification and growth
27:00 Miriad Products & Duke’s equity holdings
38:00 Dividend policy
46:00 Duke’s debt facility
Disclaimer: this podcast is provided “as is” without any representations or warranties, express or implied. Cube Investments makes no representations or warranties in relation to the information in this podcast. The podcast is not intended to address your particular requirements. In particular, the information in this podcast does not constitute any form of advice or recommendation and is not intended to be relied upon by users for investment decision-making purposes.
At the time of publication, Graham Neary has a long position in DUKE.
Cube Podcast #13: Neil Johnson, Duke Royalty (DUKE)