Share Name Share Symbol Market Type Share ISIN Share Description
Ashley House LSE:ASH London Ordinary Share GB00B1KKCZ55 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +1.125p +14.06% 9.125p 9.00p 9.25p 9.125p 8.00p 8.00p 288,906 16:13:25
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 20.7 0.2 0.4 21.7 5.32

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Date Time Title Posts
23/9/201617:44Ashley House - a return to growth & profit in 2016!183
19/9/201609:19Ashley House - SHORT THIS SHITE TO 0p8
19/9/201608:34Ashley House - Good Progress Assured1,150
10/7/201310:21THE ASHES 2013-
06/4/201321:10Reported Death of Mr Ashley James143

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DateSubject
25/9/2016
09:20
Ashley House Daily Update: Ashley House is listed in the Construction & Materials sector of the London Stock Exchange with ticker ASH. The last closing price for Ashley House was 8p.
Ashley House has a 4 week average price of 7.53p and a 12 week average price of 7.66p.
The 1 year high share price is 13.50p while the 1 year low share price is currently 6.75p.
There are currently 58,319,755 shares in issue and the average daily traded volume is 103,908 shares. The market capitalisation of Ashley House is £5,321,677.64.
18/9/2016
08:34
first_things: Just noticed that work has started on a £10 million supported housing scheme following following the recent change in government policy. The announcement was made by Knightstone Housing Group on Friday 16th September. I believe this is an indication that Ashley House Plc will now be able to unlock their pipeline that stands at £180 million. The recent news hasn't been factored into the share price and we could see some very large upward movements. The broker forecast for this year (April 2017) is 2.6 p EPS so if the market gives this a PE of 10 this would imply a value of 26 p which is considerably higher than today's valuation! "The development was put on hold in 2015 after its public consultation following a government announcement that housing benefit for housing association rents would be capped at the level of the Local Housing Allowance (LAH) to include specialist services like supported housing and extra care schemes." hxxp://www.somersetcountygazette.co.uk/news/14744498.New_homes_for_supported_living_coming_to_Taunton/
16/9/2016
18:58
topvest: Thanks - good summary. I'm surprised that we haven't seen any share price movement this week.
31/8/2016
20:46
topvest: Given the interest rate they are earning, which is extortionate, I suspect it will get extended. Not that worried by that short term, but medium term they need to get the share price up and find a lower cost form of finance as they build out the order book. Key issue is the cap resolution to unlock their portfolio.
09/5/2016
12:08
first_things: Looks like we may get another tick up in the share price and it will be interesting to get an update on progress.
01/3/2016
11:23
qackers: Non exec chair just bought 50000 shares at 10.2p. Remember senior execs given significant share options in Nov 2015. The options, which have an exercise price of 9.75p (which was approved at the AGM) will not be exercisable unless and until the Company's share price equals or exceeds 37p for a period of at least 90 consecutive days and upon exercise is at or above the 37p threshold.
23/1/2016
17:15
cottoner: Directors options - A realistic possibility or pie in the sky? It was announced in November 2015 that director options would not be exercisable unless and until the Company's share price equals or exceeds 37p for a period of at least 90 consecutive days and upon exercise is at or above the 37p threshold. Is it a realistic possibility that the shares can reach 37p and stay above that price for a least a 3 month period? Well this certainly won't happen overnight. At 9.5p the current MCAP is only £5.54M ,at 37p ,with the same number of shares (58.32 million) , the MCAP would be £21.5M. The Director options announcement came after it was unveiled that the Funding Affording Homes (FAH) was to forward fund Extra Care Housing schemes. This FAH partnership is key to ASH reaching and maintaining an share price of over 37p. It was announced in Sep 2015 that Ashley House's Extra Care housing schemes pipeline currently stood at a revenue value of £149m over nineteen schemes. IMO ,the reason to be optimistic about ASH and why the option price of 37p may at some point be reached is what seems to be happening in the background. With a pipeline of 19 schemes, there must be quite a few currently going through the planning phase which will only come to light one by one as they are given planning approval. Already in 2016 , ASH have been given 3 Extra Care schemes planning approvals, two in Leicester and One in Havant. FAH only last week announced that they had received a further investment of £15m from Big Society capital and that they are aiming to invest over £100m in 2016 and £500m during the first three years of operation. Thus ASH's partnership with FAH should allow their Extra Care pipeline of schemes to be increased somewhat over the next few years. Also, the FAH announcement 'during the first three years of operation' implies that it will be going longer than that, which can only mean that ASH's pipeline of Extra Care schemes seems secure for some time. On top of the FAH Extra Care schemes , there are also other avenues of Extra Care projects, in particular with the North Yorkshire County Council , where it was named last year as a framework partner to enable it to win contracts to work on the multi-million pound initiative to bring Extra Care accommodation to major towns in North Yorkshire. All in all, there seems to be plenty reasons to be optimistic about ASH's future prospects and that may be a realistic possibility that the Directors will be able to exercise their options at some time in the not too distant future and perhaps it's not pie in the sky. :-)
19/1/2016
20:16
cottoner: Reminder of Share Options rules announced in Nov 2015 : The options, which have an exercise price of 9.75p (which was approved at the AGM) will not be exercisable unless and until the Company's share price equals or exceeds 37p for a period of at least 90 consecutive days and upon exercise is at or above the 37p threshold.
04/1/2016
11:45
oregano: no link - text is below. you start to see why management are happy for options to crystalise when the share price exceeds 37p! The last few years have certainly been challenging for Ashley House but with the strategic decision to focus on the Extra Care space (as well as the traditional Healthcare market) and the last piece of the jigsaw now in place, the business should be well positioned to grow over the coming years. At this stage, we make no changes to our PBT/EPS estimates (FY 2016E PBT £1.1m/EPS 1.9p and FY 2017E PBT £1.5m/EPS 2.6p), with our FY 2016E net debt expectation unchanged at £2.1m. Risks remain but with funding now in place and schemes coming through, the potential to capitalise on market demand for Ashley House’s Extra Care schemes remains sizeable. Trading on a FY 2016E PER of just 4.9x and EV/EBITDA of 3.9x, we believe the shares remain undervalued. We maintain a Speculative Buy stance and 15p share price target.
04/11/2015
15:47
oregano: the more you consider these options, the more bullish it is. these schemes are a process of negotiation, with triggers that are too often close to current share prices - really a reward for continued service rather than performance. This is the opposite. All or nothing on quadrupling the share price. Management would not have accepted this if they did not have confidence in exercising the options. there is a good overlap between the larger shareholders and the BoD also. Don't forget that management cleared out the market below 4p. this is going to be a blockbuster next year.
20/11/2013
10:55
doodlebug4: yump - you don't need to buy near the bottom to make a nice profit! If you had bought TCG when the share price was 70p you would still have doubled your money and more. If you look at where the ASH share price was a few years ago the same could apply here. Apart from the chart element, Ashley House is in a market place with a huge demand for its product.
Ashley House share price data is direct from the London Stock Exchange
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