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AREO Argo Real Est.

0.02
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Argo Real Est. LSE:AREO London Ordinary Share GB00B17PFQ50 ORD EUR0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.02 - 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Argo Real Est. Share Discussion Threads

Chat Pages: 1
DateSubjectAuthorDiscuss
07/10/2011
15:13
Please click on the link below to access our latest research report on Argo Real Estate Opportunities Fund:



Kind Regards,

The Equity Development Team

hannahc
07/10/2011
15:12
Please click on the link below to access our latest research report on Argo Real Estate Opportunities Fund:



Kind Regards,

The Equity Development Team

hannahc
20/9/2011
15:48
Initiation of coverage from GE&CR, with a STRONG BUY. Should get the shares moving.

Property companies, as this is essentially what AREOF is, are valued relative to their Net Asset Value ('NAV') and we believe AREOF offers considerable long-term upside potential because the Romanian and Ukraine economies are recovering strongly and this upside potential has yet to be fully reflected in asset values. Nevertheless, AREOF's assets, as enlarged by the ERA Shopping Park acquisitions, were independently valued by Colliers International and Jones La Salle and indicated that net assets totalled €82.7 million or 13.6c per share. Therefore, with the shares trading at 4.5c and a net asset value per share of 13.6c, we recommend the shares as a strong buy.

windass
22/10/2009
12:14
Any holders of this micro cap?
jonnynixon
Chat Pages: 1

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