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Pinetree Capital Ltd. Message Board

  • alpenland alpenland Mar 12, 2011 11:43 AM Flag

    Phantastic results 2010

    Net asset value per share increased to $4.71 as at December 31, 2010 from $2.53 as at December 31, 2009, an 86% increase.

    For the year ended December 31, 2010, Pinetree hadnet income of $296 million, as compared to $157 million last year. Thenet income was primarily from net investment gains of $383 million inthe year, comprised of $341 million in unrealized gains on investmentsand realized gains on dispositions of investments of $43 million.Earnings per share were $2.18 , as compared to $1.19 per share in theyear ended December 31, 2009.

    aso.....

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