Koyal Group Posts Gains On IT, Telecoms And Health Care

Top Quote Mr Edward Neilson, Chief Executive Officer at Tokyo based equity research house Koyal Group today reported strong market performance data for the second quarter of 2013. End Quote
  • (1888PressRelease) August 05, 2013 - TOKYO, Japan - Koyal Group has seen an 8% rise in revenue generated based on a comparison of 2012/2013 in the second quarter, much of which has been attributed to the company's investments in the Asian and European Telecoms, IT and Health Care industries.

    "We have again enjoyed an excellent quarter with strong returns coming from the Telecoms and Health Care sectors" said Edward Neilson, Chief Executive Officer at Koyal Group. "Even with blue chip equities we have selected we've seen strong growth, for example with Amcom Telecom Ltd on the ASX we have seen almost 25% returns on our invested capital over one month."

    This increase in revenue was expected by Mr Neilson and who steered Koyal Group toward growth coming from the aforementioned 3 sectors, and away from materials and energy sector stocks which have performed poorly over the second quarter. Despite the poor performance of the materials and energy sectors overall, some of Koyal Group's largest gains on the small cap markets came from undervalued companies within those two sectors.

    Within Koyal Group's European investments the largest posted gains were again found within the Health Care and IT sectors, with materials and energy being the poorest performers overall. Mr Nathan Andrews, Head of Investment Analysis at Koyal Group said "half of our invested capital is of course invested in stable blue chips, so following the market trends in health care and IT and telecoms was a very simple strategy, but our most impressive yields were found on the small cap indices".

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