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The Conygar Investment ( (GB:CIC) ) has shared an announcement.
Conygar reported a sharp fall in net asset value for the year to 30 September 2025, with NAV declining by £19.5 million to £41.6 million, driven mainly by a £17.5 million write-down in the value of its Island Quarter properties in Nottingham and £7.3 million of operating and financing costs. However, the results exclude a substantial £15.1 million post–year-end profit from the sale of its Rhosgoch land in Anglesey, which, on an adjusted basis, would lift NAV to £55.9 million and significantly narrow the annual loss. The group reduced bank borrowings by £7.8 million to £48.0 million, completed profitable disposals including Holyhead Waterfront, Parc Cybi and a Virgin Active gym, and secured credit approval from Barclays to extend its development loan to late 2026, easing near-term funding pressure as it seeks to stabilise cash flows. Operationally, occupancy at its Winfield Court student scheme rose from 54% to 81%, boosting expected net operating income to £2.7 million, while management of the 1 The Island Quarter restaurant and events venue was transferred to Rhubarb to strengthen the site’s leisure offer, positioning the company to benefit from any cyclical recovery in UK commercial real estate despite ongoing cost pressures and a subdued investment market.
The most recent analyst rating on (GB:CIC) stock is a Hold with a £31.00 price target. To see the full list of analyst forecasts on The Conygar Investment stock, see the GB:CIC Stock Forecast page.
Spark’s Take on GB:CIC Stock
According to Spark, TipRanks’ AI Analyst, GB:CIC is a Neutral.
The overall stock score is primarily impacted by significant financial challenges, including ongoing losses and liquidity constraints. Technical analysis indicates a bearish trend, while valuation metrics reflect a lack of profitability. The absence of earnings call data and corporate events limits additional insights.
To see Spark’s full report on GB:CIC stock, click here.
More about The Conygar Investment
The Conygar Investment Company PLC is a UK-focused property investment and development company, with a particular emphasis on mixed-use regeneration schemes. Its flagship project is The Island Quarter in Nottingham, where it is developing student accommodation, leisure, food and beverage, and events-led assets, alongside other regional development and trading properties across sectors such as hospitality and residential.
Average Trading Volume: 87,211
Technical Sentiment Signal: Sell
Current Market Cap: £20.28M
For a thorough assessment of CIC stock, go to TipRanks’ Stock Analysis page.