Kingfish reports steady NAV and top portfolio holdings

As of October 31, 2025, Kingfish Limited's undiluted Net Asset Value (NAV) stands at $1.3485, with the share price closing at $1.3320, reflecting a 1% discount. This represents a slight increase from the October 29, 2025, NAV of $1.3363 and a closing share price of $1.3240. The NAV per share is calculated after deducting treasury stock, currently nil, and excludes the impact of future warrant exercises.

The company has 86,961,524 warrants on issue, exercisable on May 1, 2026, at an actual exercise price of $1.35, less declared dividends. Dividends totaling 5.48 cents per share have been declared, with two more expected before the May 2026 exercise price announcement. Kingfish's top five portfolio holdings as of October 31, 2025, include Fisher & Paykel Healthcare (19%), Infratil (14%), Summerset (9%), Mainfreight (8%), and Auckland International Airport (7%).

Kingfish is a listed investment company specializing in quality growing New Zealand companies. Managed by Fisher Funds Management Ltd, it aims to deliver competitive returns through capital growth and dividends via a diversified portfolio and a single tax-efficient investment vehicle. Kingfish was listed on the NZX Main Board on March 31, 2004.