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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Colliers Intl | LSE:COL | London | Ordinary Share | GB0030531205 | ORD 1P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.80 | 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 | 0.80 | GBX |
Colliers Intl (COL) Share Charts1 Year Colliers Intl Chart |
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1 Month Colliers Intl Chart |
Intraday Colliers Intl Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 29/9/2015 | 12:43 | The Colin12345678 Ramping Thread | 6 |
| 07/11/2012 | 05:59 | Colliers Cre - about to bank the Buy to Let lemmings? | 1,299 |
| 03/6/2012 | 15:50 | Colliers - Carpetbaggers from Hell | - |
| 12/10/2011 | 16:07 | Columbia - The Search for El Dorado | 1 |
| 28/3/2008 | 10:11 | Columbia Metals - Gold in Mexico, quoted in Canada | 4 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
|---|
Posted at 28/9/2015 12:27 by ukmassy Now it's ADSS! You go Col! |
Posted at 03/6/2012 15:50 by loverat Tony Horrell, First Service and Sir John RitblatIncompetance, Greed and Buffoonery - in that order. These clowns presided over one of the quickest and most cynical examples of deliberate shareholder destruction for years - even on this market. The share price was 16p in January 2011. Some debt but in the following months the company expanded like never before. A strategy taken forward by Horrell. Shareholders wondered at the time if this strategy was foolhardy. Now we know the answer. First Service - the Carpetbagger shareholder were making plans all along. Expand, drive the shareprice down into the ground and then make their move. Some folks would not have minded if they actually paid 1p for the equity. Nope, this huge company was even too mean spirited to do that. Instead a pre pack administration stitch up. Just as with DTZ a few months before. I have news. This ain't over and the storm clouds are gathering. Remember - what goes around, comes around. |
Posted at 06/4/2012 18:46 by loverat envirovisionI may be in touch soon about this website. I am back discussing ideas with one or two friends. Some time back I contributed to a website which had various sections - complaints about banks, solicitors, shareholder complaints but the website became too crowded with stuff. Furthermore the website owner was sued by one of the solicitors featured on the site which made things difficult and effectively it was closed down. Anyway, there are a number of topics we would like to cover - my subject is a shareholder site and forum. However, we are considering covering three or four different topics and thinking whether to do separate sites for each or one which covers all the topics. The advantage of one site is that it should pull in more punters as the issues are all big and topical but may deter some if the each subject areas do not have sufficient separation and losing some of the message. Anyway, buzzing with ideas at present and at the stage of starting building decent sites. I have learned alot over this last few years and as part of the shareholders site I want to try and get some case studies together. I have three or four companies in mind to feature. London Asia Capital, Merchant House Group, Irish Life and Permanant and Colliers. I wonder, when we get the wheels in motion if you would be prepared to write a case study on COL. Probably around 300 to 500 words and something covering the arrival of Horrell, FS investment, the terminal decline in the share price from 20p in Jan 11 to 1p in Jan 2012 and the final stitch up. Ultimately it would be good to get a range of different people to contribute case studies in whichever style they wish. Sometimes humour works well in these type of things. This is one short 'case study' on a site about solicitors to give you some ideas of what I mean: And another one a bit more serious and very scathing: The above cases were in the public domain so were written very briefly and I suppose with COL more detail will need to be included to tell the story. Have a think and let me know if you can help. Also we are thinking about what other features to have. I know you mentioned a sort of database of directors. That is probably something we might not be able to incorporate straight away but will consider and let me know if you have any other ideas. |
Posted at 29/3/2012 05:49 by loverat Agree Langbar is different and speaking in terms of how newsworthy this actually is in comparision. However, the share price decline coupled with the strategy and stitch up with FS does suggest a little more than simple incompetance IMO. I am sure this will be debated however and we can reach a consensus. Did this strategy have the backing of First Service? He might be a complete fool but are we saying they are too? Sometime back I think it was you (apologies if I am wrong) who suggested that this company was deliberately being run into the ground. The other point is why no trading update was ever released. Who was the Austrian who was buying big share lots - surely not another fool? So many questions I think before we can simply conclude the man is one of the biggest idiots on AIM. Your view some months back. Be interested in others too. scburbs - 16 Nov'11 - 16:48 - 1053 of 1277 With the shares worth tuppency halfpenny you might have expected some cuts, but the recruitment drive continues! Either Horrell is a nutter or the market is. Unfortunately I suspect Horrell is not the man to lead COL through a finance constrained market, which is not the right time for a death or glory CEO! I am not sure that a plan to expand it to death (as sufficient liquidity will not be available) and then allow First Service to buy it out of administration is quite in line with his fidicuary duties! Either that or First Service provide the liquidity to fund the expansion and then suddenly change their mind and pick up the pieces afterwards! I do have a cynical mind, so hopefully neither of these are the plan, but my confidence in Colliers leadership is very low |
Posted at 03/3/2012 13:14 by jojo_jo Mr Muzicant up to abot 11%, as of March 1st. Could be more by now. He seems to be adding steadily every week. He could soon be up to 15%. The Colliers Austria boss is clearly still very, very interested in bidding for Colliers UK... when FS finally stop playing silly games and show their hand. They now know a low bid will certainly fail, and if they don't make a knockout bid (ie. one which values the company fairly, perhaps at £10m or more) they will probably be trumped by Muzicant, and/or others who are no doubt watching closely. 20% of turnover is a cheap price for any company, and that equates to over £13m here. Sit tight (or add) and wait for the bidding war to play out. It's coming! IMPO/DYOR. PS. I notice that Jones Lang LaSalle are becoming more interested in the Hotel/Pub/Restaurant sector, a speciality of Colliers UK, so acquiring Colliers would be an ideal and cheap way of increasing JLL's presence in this space - even (combined with Colliers UK) dominating it. Clearly it would cost them many millions, and take several years, to build up a setup like Colliers UK. Why go to that expense and trouble, when they can buy a ready made market-leader off the shelf, on the cheap (and at the same time remove a major competitor!) ... AND don't forget our CEO is a former JLL director. |
Posted at 20/2/2012 10:55 by jojo_jo It is only the announcement of the discounted offer which is holding the price down at this level (which no doubt was the intention). On 24/01 Colliers said they had received an approach at a discount to the then share price (around 1.5p), so a figure was clearly suggested to the BOD, which they did not share with the remaining, majority of shareholders. 30% is a very significant discount, so I assume 1p/share is the price touted at that approach. An apallingly low price and one which will easily and certainly be trumped by other recent stakebuilders, who are clearly interested in bidding for Colliers UK. They are just waiting for FS to show their hand. The deadline for this is tomorrow. Ignore any recommendations from self-interested directors who have got us to this disgraceful situation - wait for the bidding war. It's coming! IMPO/DYOR. |
Posted at 31/1/2012 08:32 by jojo_jo I believe the statement was just to force the share price down, so an offer above it could be made (eg. force the share price down to 0.7/0.8p, then offer 0.9/1p for them). At this price there is relatively little value in the shares, which have tumbled 95% since last January, effectively wiping out long and medium term shareholders. With credible counter-bidders appearing, they will have to re-consider this approach. As I said before, a cash-offer situation is a game over situation, so shareholders need only consider the price being offered, and accept the BEST offer. After acceptance, shareholders (other than the 'winning' shareholder) will be out with just cash for their shares. The balance sheet implies a value of over £10m or around 6.5p/share, and anything below this is a discount to book price. We can only hope Horrell and Ritblat act with some integrity (and common sense) on behalf of all shareholders. FS cannot be trusted. They could well asset strip Colliers UK. You can be sure Horrell would be gone within 6 months. Ritblat would probably resign, his name having been badly tarnished. However I don't think they'll get it, as other bidders are appearing, and there'll be more. We could yet get a fair price, close to book value. Any party or combination of parties holding 30% or more could block an FS take-over. IMPO/DYOR. |
Posted at 31/1/2012 01:08 by jojo_jo There is nothing untoward in one Franchisee buying another (it happens all the time with McDonalds, Subway, etc). In fact it more much more common than the Franchisor buying an operator. The expression 'going up against' is a tad misleading, as Franchisors tend to step in when an operator can't find an independant buyer. You would not be competing with McDonalds when buying a second Franchise off another Franchisee. First Service may not be ecstatic about it, but it's all part of the game and perfectly normal. Colliers Austria appears to be an unlisted private company (no stock price, investors page, accounts, etc shown on their site). Acquisition would therefore serve both the purpose of expanding in Europe and listing in London. I don't think our current lenders would have any qualms. If I was a lender I'd certainly be happier with Colliers Austria than FS. I don't think for a second that Muzicant's share buying has been done in concert. It looks every bit a preparation for a serious bid. From the Colliers Austria website... In addition to providing traditional brokerage services for retail firms, such as Eduscho, Vita Drogeriemärkte and McDonald's, we have developed not only new client relationships, for example with Impo, H&M, Douglas, Zara and Mango, but also new areas of business, such as brokerage of offices, rental apartment buildings and industrial real estate, as well as development of office buildings, e.g. the Internationales Zentrum Donaustadt with the IZD Tower, the largest private real estate investment project in Austria. In 1994 Columbus Immobilien joined Colliers International, representing an increasing number of international clients moving into the Austrian market as well as taking care - in cooperation with the local Colliers offices - of Austrian firms expanding their business abroad. In 2005, Georg B. Muzicant, Ariel's son, joined the firm to make it a third generation family business. Based on his several years' experience in the Anglo-American real estate business, he is focused on the establishment of a highly competitive development division for national and international projects. In the past couple of years, the real estate market has become more and more international and thus changed significantly. In order to meet the future challenges of an enlarged Europe, we have expanded our services and become more specialized. -------------------- The picture has changed dramatically today! FS will have to re-think this pretty damn quick. There are going to be other bidders too, once FS show their hand. It's beginning to play out as predicted. IMPO/DYOR. |
Posted at 25/1/2012 05:39 by loverat Agreed that is likely.But if one is being more cynical they might issue a trading update for H2 and put a negative spin on the forward looking statement and force the shares down further for them to declare they have 'no value'. We know what happened with the last company that pulled that stunt. And the other thing - they stated that the approach was a 'discount' to yesterday morning's share price but by how much? A 'discount' would suggest not a significant one but who knows what they have planned. They may even be trying to screw shareholders completely here. The problem here is obviously the directors of this company and First Service. In nearly all companies that I have researched and traded/invested at rock bottom levels there has been a vast improvement in fortunes of the share price at least in the short term. Here it seems someone is controlling everything from the share price movements down to the nature and timing of announcements to cause maximum damage to shareholders. That you cannot fight against. You just have to hope that your investment does not go down the pan and seek publicity for the apparent organised and systemic way shareholders are being wiped out. Interestingly I contacted around five people yesterday about this. All replied expressing concern or interest - apart from one that is - Mr Horrell. Perhaps the cat's got his tongue as he is not normally known for being 'quiet' as this article suggests. I wouldn't be here otherwise," Mr Horrell says. He believes the Colliers UK business has many strengths, although "they don't shout about them." Well, not yet, anyway. "You know me," he smiles. "I am not renowned for being quiet." |
Posted at 01/1/2012 12:23 by loverat WakelandThat is what I was thinking. The share price has been on a continous decline since then. I remember reading on here that one PI phoned them and they said something like 'when we have news to report it will be released'. Therefore if trading is different from their previous expectations this should have been reported as it is price sensitive. It is inconceivable to think otherwise but as you say - this is AIM. The other thing of note (from reading the last 40 or so posts) is that they have been taking on lots of new people and by the sounds of it receiving a fair bit of new work. One poster suggested that COL was trying to recruit themselves out of trouble - the implication being this was unwise given their financial status and challenging conditions going forward. Well, again as there is no news perhaps all this recruitment might be for a very good reason and having a positive effect. The other thing I recall is the CEO (I think when he took over) stated that overall he had found the business in a reasonable condition. So perhaps the DTZ effect, the general malaise and lack of trading has simply caused the share price to fall the way it has. I have seen other declines like this elsewhere only for the company to say that it is trading in line. Therefore I took a small punt here just recently. |
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