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AUMP Alpha UK Multi

70.00
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Alpha UK Multi LSE:AUMP London Ordinary Share IM00B4N9KC32 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 70.00 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 70.00 GBX

Alpha UK Multi (AUMP) Latest News

Real-Time news about Alpha UK Multi (London Stock Exchange): 0 recent articles

Alpha UK Multi (AUMP) Discussions and Chat

Alpha UK Multi Forums and Chat

Date Time Title Posts
04/8/201411:21Alpha UK Multi Property Trust98

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Alpha UK Multi (AUMP) Most Recent Trades

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Trade Time Trade Price Trade Size Trade Value Trade Type

Alpha UK Multi (AUMP) Top Chat Posts

Top Posts
Posted at 07/3/2014 08:22 by eezymunny
IF you read my link above red you'll see how finely balanced the situation is. It's risky but with TNAV rising from end Sep to end Dec (first rise since 2006 AFAICS!) and rents holding steady, occupancy increasing slightly, I suspect risk/reward firmly in our favour. They badly need to make some disposals at a decent price and get rid of the more expensive new loans. Will be fun to watch!
Posted at 03/1/2014 09:35 by ydderf
Most of the 2014 property predictions I have read are for a recovery, UBS for example:

"• UK commercial real estate values remain 36% below the 2007 peak, and are up 18% since the July 2009 trough.
• We expect capital value growth to gather momentum in 2014. Meanwhile we expect rental growth to return this year, backed by an improving economic backdrop.
• The initial yield on the UK property sector is 6%, whilst the listed real estate sector is trading at a small discount to Net Asset Value and offers a 3% dividend yield.
• We expect a total return of 8%-10% for the direct real estate sector in the next 12 months."

It is strange to remember that not many years ago, property companies shares sold at a premium to NAV, this usually occurs at that part of the cycle when growing investment values are out of step with the historic balance sheet valuations.

Some say what goes around, comes around. You have to decide for yourselves but if premia return, then the historic AUMP NAV of £2+ would be quite a interesting benchmark........
Posted at 05/12/2013 16:15 by red army
The loans are unsecured so there is a price to be paid.
Posted at 05/12/2013 11:56 by liarspoker
With NAV north of 200p the current AUMP share price undervalues the company by some extent even with the high interest rates.

Ben Graham said a bargain stock is a stock with at least 50% upside. I think AUMP is worth somewhere between 120-150p so it's definitely a bargain stock in my book.

BTW have you guys checked out SPPC ? Another huge undervaluation.
Posted at 02/12/2013 11:41 by asmodeus
I've sold most of mine as well, and at the same price, although simply just returning my stake, with no profit. I still hold a few in my ISA at a huge loss, and, like you, Troll, will await outcome.
Posted at 13/11/2013 08:16 by asmodeus
Revised assets per share 219p. Share price 57p. (See this morning's report). This seems too good to be true regarding risk if they have to wind up? Is it?
Posted at 28/8/2013 09:55 by ironstorm
Half year results here are again very good. Adjusted EPS of 9.3p for the half and I would expect a stronger second half. Giving a PE of just over 1 with NAV at 224p being 10x share price.

Pros - Income up. Occupancy up. My expectations are that this will continue. Sales above book value. Also positive noises about the state of the economy.

Cons - Valuation down again and LTV up. Debt size.

Debt is down however by a few million and with the economy picking up LTV should start to move the other way.

So it all depends on the refinancing. And tucked away in the Chair's comments this interesting nugget - Alpha Real Trust Limited has indicated its willingness to support the Company in the refinancing of its loan facilities.

Slowly, slowly starting to de-risk.


//ironstorminvesting.blogspot.co.uk/
Posted at 12/8/2013 09:54 by bubble pricker
The problem is whoever invests will take equity at or below the current share price, massively diluting existing shareholders.
Posted at 12/8/2013 08:11 by bubble pricker
Todays news will surely mean massive dilution. possibly below the current share price.
Posted at 02/7/2013 18:12 by the troll
positive news for the ords. surely ? if they'd rolled over CULS & re-set the conversion price to the current share price ( something I thought they MIGHT do ) I'd have immediately scrubbed it off my 'recovery' list ( on ground of severe dilution risk ).

with NAV @ £2.41 though ( an almost 90% discount ! ) & the lenders apparently willing to support it until long-term financing can be secured, methinks this is getting mighty interesting ( NAI ).
Alpha UK Multi share price data is direct from the London Stock Exchange

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