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Alpha Pyrenees Share Chat - ALPH

Share Name Share Symbol Market Type Share ISIN Share Description
Alpha Pyrenees Trust LSE:ALPH London Ordinary Share GB00B0P6FY18 ORD NPV
  Price Change Price Change % Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00 +0.00% 1.00 0.75 1.25 1.00 1.00 1.00 50,000 07:59:07
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 19.4 -3.8 -9.8 - 1.18

Alpha Pyrenees Trust Share Discussion Threads

Showing 2050 to 2075 of 2075 messages
Chat Pages: 83  82  81  80  79  78  77  76  75  74  73  72  >>
hxxp://spanishnewstoday.com/former-polaris-world-resort-commercial-centre-sold-to-chinese-investors_21655-a.html?Banner=60#.VYe38qNwamQ Can they come an have a look at Alph's portfolio if not already looking.senor_sensible
those strong Chinese yen are being used to buy up cheapo EU commercial property, one site I was looking at near Alhama has just been snapped up at over the asking price. Seems to be similar thing going on through out europesenor_sensible
Company might try to hide the rising cash in the bank value but there is more than 1 way to skin a cat :-)senor_sensible
property is valued at 271.2m, Debt is 271.5m. Overall yield is approx. 8.3% (22Mil per year) Average interest rate charge is 5.71% (-15.5Mil) Investment manager fees approx. 2Mil per year so potentially still cash generating at 4.5Mil per year Adjusted NAV will include some statutory losses, the company has not reported the cash in bank position nor the un-adjusted NAV. the 2014 FY has 12Million cash in the bank, I expect this to be approx. >14-16Million Million now which equates to about 8x market cap. Company are rightfully very bearish about the numbers, they have to make sure they do not over egg the company whilst there is this much debt. but if re-financed properly this will be 10Bagger in no time. And if all properties are sold off there is potential 5-10Mil to divi between shareholders, again this is 3-5 time current SP. Also worth noting the following: 1. effect of exchange rate, once Greece is sorted out this will strengthen the Euro to £ making the NAV increase just from Exchange rate movements 2. QE in Europe is starting to have an effect, they are seeing growth in france and spain and the number of mortgage approvals in spain in the last quarter is up, along with property prices. IMO anyone holding should just come back in a years time and see what is happening, no point selling just after the bottom. Speculative buy still!!senor_sensible
Seems to be some interest in this stock again, agree we could do with getting rid of barx but at least it looks like an orderly sell off, and with eu and france economy improving this company just needs time on it's side, which Barx appears willing to give (albeit as some cost). Still a speculative buy from mesenor_sensible
Got to say I was shocked to see these up this morning- why would having to agree to continued penal interest and charges , because no one else wants to lend the money - be a good thing for shareholders? And down it goes when reality sets in.fenners66
From the news item listed on the site it appears there is no white knight lender despite QE, but Barclays want an orderly sell off of the property. Alph say they are being charged another 2% by Barclays for this extension (It was a million last time and shorters thought that wiped the shareholders out) until October and everything is now up for sale.mgalle
New finance deal by Monday required.senor_sensible
rns later? or on Monday?senor_sensible
Seems strange to me, why would Nokia buy them and then close them down? Alcatel Lucent will have a contract but they could break it, at a price. Seems a bit early for such a decision to have been made. At this stage all that matters is if Alph can get an affordable loan/mortgage. If not how is the property going to be disposed?mgalle
My understanding is that the Alcatel Lucent property is held for sale and has been actively marketed for disposalsleepy
Nokia could not afford to lay off the French staff, their employment rights are unbelievable. Perhaps Nokia will be moving some of their R&D from Ulm in Germany, and Oulu in Finland to France where ALU has been making good progress recently. ALU has good exposure to the US market which is showing good growth for the future.senor_sensible
JIMCAR The "fall" has been going on for years.red army
Is the fall on the Nokia bid for Alcatel Lucent? I would have thought the French would insist on AL's base being maintained.jimcar
Well Señor as you thought these were a bargain at 15p you are likely to have a long waitsleepy
...:-) just took some really good profits on an oversold stock > 1000%. just waiting for this to deliver me the same sort of performance...senor_sensible
If the currency hedge was closed in the last month the company would have been 25 Mil better off, barx were the dealer with a bent deck of cards.senor_sensible
€ fallen against £ so now looking very sick (imo) for the SP as all assets are in Euroland. On the otherhand now a lot cheaper for $ denominated funds to buy - Any bidders at 2 US cents per share ??pugugly
No the hedge is closed, hence the 25 mil settlement to barx, should have extended that by a year instead......senor_sensible
Are they still hedged against changes in the €/£ rate?sleepy
Can't short the stock anyway. Can't buy it either on IG, closing deals only as at today it seems. The press release raises far more questions than provides answers, with respect to the cause of higher vacancies, like-for-like value of properties down, investment/maintenance/upkeep required to keep value up / tenants in,... The only vaguely positive is talks of "oderly realisation". But then what are the realisation cost? 10% of total portfolio? May be a bonus for the IM and Board for their hard work selling off? It may be a spreadsheet buy but it looks like a real-life sell IMHO. But then again I took a long punt three weks ago in a London-listed Ukranian mining company, which could just be that: a spreadsheet buy, a real-life sell. Rgdsalphahunter
Maybe Alph should just ask Barc for the 6p per share and let them have it. Strange no shorters posting today?mgalle
Chat Pages: 83  82  81  80  79  78  77  76  75  74  73  72  >>

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