Share Name Share Symbol Market Type Share ISIN Share Description
Asian Grwth LSE:AGP London Ordinary Share VGG054341083 ORD USD0.05 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 38.50p 35.00p 42.00p 38.50p 38.50p 38.50p 849 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 53.7 61.8 6.6 4.6 341.24

Asian Growth Properties (AGP) Latest News

More Asian Growth Properties News
Asian Growth Properties Takeover Rumours

Asian Growth Properties (AGP) Share Charts

1 Year Asian Growth Properties Chart

1 Year Asian Growth Properties Chart

1 Month Asian Growth Properties Chart

1 Month Asian Growth Properties Chart

Intraday Asian Growth Properties Chart

Intraday Asian Growth Properties Chart

Asian Growth Properties (AGP) Discussions and Chat

Asian Growth Properties Forums and Chat

Date Time Title Posts
22/8/201609:10Asian Growth81
22/3/ growth property58
08/2/200615:25AIT Group10
03/1/200623:53THE SMALL INVESTOR CAN WIN!!!!!!!!!!!36
08/10/200508:22AIT Group ( AGP ) Time to BUY!580

Add a New Thread

Asian Growth Properties (AGP) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
View all Asian Growth Properties trades in real-time

Asian Growth Properties (AGP) Top Chat Posts

Asian Growth Properties Daily Update: Asian Grwth is listed in the Real Estate Investment & Services sector of the London Stock Exchange with ticker AGP. The last closing price for Asian Growth Properties was 38.50p.
Asian Grwth has a 4 week average price of 38.50p and a 12 week average price of 40.19p.
The 1 year high share price is 65p while the 1 year low share price is currently 15.50p.
There are currently 886,347,812 shares in issue and the average daily traded volume is 0 shares. The market capitalisation of Asian Grwth is £341,243,907.62.
latifs100: The Board has declared a special cash dividend of HK$1.9 per ordinary share to the shareholders of the Company, payable on Friday, 10 June 2016 on the share register on Friday, 27 May 2016. assets value 1.22, share price 50p??
latifs100: up 50%.. net assests value above current share price Financial Highlights n Profit attributable to the Company's shareholders of HK$1,152.5 million (GBP96.1 million) (2010 (restated): HK$961.2 million (GBP79.8 million)) n Earnings per share for profit attributable to the Company's shareholders of HK130.0 cents (10.8 pence) (2010 (restated): HK108.4 cents (9.0 pence)) n Net asset value per share attributable to the Company's shareholders as at 31 December 2011 of HK$11.9 (99.2 pence) (31 December 2010 (restated): HK$10.4 (86.5 pence)) n Geographical location of the Group's property assets were as follow:
latifs100: profit surges, revenues increased, Net asset value per share as at 30th June, 2007 of HK$7.00 (44.5 pence per share) (31st December 2006: HK$6.85 (43.6 pence)) Remark: An exchange rate of GBP1.0 = HK$15.72 is used in this announcement share price 30p...? must be a bargain they focus in china. 2008 olympic is in china. looks good. they came on the the market at around 50p
ttnyrp: I don't hold, but you guys will be interested in this! =============================== Asian Growth Properties Limited 19 September 2006 This announcement is not for release, publication or distribution in or into Australia, Canada, Hong Kong, Japan, The Republic of Ireland, South Africa or the United States of America. 19 September 2006 ASIAN GROWTH PROPERTIES LIMITED AGP ACQUIRES PROPERTY PORTFOLIO IN HONG KONG AND CHINA FOR HK$4,430 MILLION (£302 MILLION) Asian Growth Properties Limited (AIM stock code: AGP), the Hong Kong based property development and investment company has conditionally agreed to acquire a portfolio of six properties in Hong Kong and China from its major shareholder S E A Holdings Limited ('SEA') for approximately HK$4,430 million (£302 million). These properties are currently held by the Target Group. Accordingly, it is proposed that the Company will acquire the Target Company from SEA. The consideration will be satisfied by the issue to SEA of 668,653,817 Ordinary Shares and the payment of approximately HK$500 million (£34 million) in cash from AGP's existing cash reserves. The property portfolio is valued at approximately HK$6,425 million (£437 million) and represents the majority of SEA's portfolio of Hong Kong and China property interests. Due to the size of the transaction relative to the size of AGP and SEA's shareholding in AGP, the proposed transaction constitutes a related party transaction and a reverse takeover for AGP under the AIM Rules. Highlights: * AGP currently has a property portfolio consisting of three development properties and one investment property, all located in Hong Kong. AGP's total asset value and net asset value were, as at 30 June 2006, HK$2,221 million (£151 million) and HK$1,575 million (£107 million) respectively. * AGP has negotiated a unique opportunity to purchase the property portfolio from SEA at market value, determined by Savills, an independent, internationally recognised professional valuer. The total asset value and net asset value of the Target Group as at 30 June 2006 were HK$7,742 million (£527 million) and HK$4,403 million (£302 million) respectively. * SEA is the major shareholder of AGP holding approximately 85.42% of the Existing Ordinary Shares. The portfolio of properties in the Target Company comprises the majority of SEA's real property investment and development assets in Hong Kong and China. Upon Completion of the Acquisition, the Target Company will become a wholly-owned subsidiary of AGP and SEA will increase its shareholding interest in AGP to approximately 96.42%. * The combined portfolios (after deducting approximately HK$500 million (£34 million) cash consideration) will increase AGP's total asset value and net asset value to HK$9,463 million (£644 million) and HK$5,505 million (£375 million) respectively and the proposed Acquisition will, in one transaction, facilitate AGP's entry into the China property market. * The consideration for the proposed transaction is expected to be in the region of HK$4,430 million (£302 million) (subject to a cash adjustment upon Completion). This figure is based on the net asset value of the Target Group adjusted to take account of property valuations and minority interests. * The consideration will be paid partly by the issue by AGP to SEA of 668,653,817 Consideration Shares at a price of 40 pence per share (and based on an exchange rate of £1.00 = HK$14.693). The balance of HK$500 million (£34 million) will be settled in cash from AGP's existing cash balances. * The deemed issue price of 40 pence per share represents a premium of 19.74% over the average trading price of the AGP shares on AIM over the last three months ended 15 September 2006 and a discount of 18.78% to the net asset value per AGP share as at 30 June 2006. The Board considers this transaction to be fair and reasonable and that the 14.17% dilution in net asset value per Existing Ordinary Share on completion of the transaction impacting Shareholders is, in the opinion of the Board, more than compensated by the quality, value and potential of the property portfolio being purchased from SEA. * The transaction is subject to the approval of AGP Shareholders at an EGM to be held at 5:00 p.m. (Hong Kong time) on 4 October 2006. AGP expects the Enlarged Share Capital of AGP to be admitted to trading on AIM on 5 October 2006. * As part of the Proposals, a Management Agreement between the Company and SEA has been negotiated, pursuant to which SEAIA will undertake to manage AGP's investment and development assets. The Company is particularly pleased with the terms and conditions of the management agreement given SEAIA's management team have been operating in Hong Kong and China for 50 years and have wide experience in property development and investment. Commenting on the proposed transaction, Don Fletcher, Chief Executive Officer of AGP said: 'The Board of AGP unanimously endorses this transaction and see it as an exciting expansion of AGP's activities in China and Hong Kong. We recommend that Shareholders vote in favour of the Resolution. It is not often that an opportunity to purchase a portfolio of assets presents itself in the Hong Kong and China market'. This summary should be read in conjunction with the full text of this announcement.
gyrodec1: Extract from NICE Report issued August 2005 Page 25 of 36 6 Implications for the NHS Paragraph 6.3 "For depression the cost is the incremental cost over TAU (Treatment As Usual..?) and therefore for possible reductions in the use of existing services. The estimated cost implementing Beating the Blues for mild and moderate depression in England and Wales is £34 million at practice level and £5 million at PCT level." Caveat to note in NICE Report issued August 2005 With the possibility of national licence agreements, it may be possible to negotiate discounts for the NHS and this could substantially alter the total costs (of all the CCBT solutions). Inputs Notes (1) Sales to all PCTs in England and Wales £20 Million (A) (2).Sales at practice level in England and Wales £5 Million (A) (3).Ultrasis expenses per annum is £3M £3 Million (4).Pretax profits taxed at following rate 35% Ultrasis keeps 65% of profit after tax (5).Shares in circulation 1,314 Million Ultrasis previous close share price (mid) 2.00 p Assumptions (A). Calculation ignores sales arising from other Ultrasis products and oversea's markets i.e. only valuation cases is based soley on how much the NHS expect to spend on implementing BTB estimated revenue from BTB in England and Wales (B) EPS calculation ignores tax reliefs that may be available to Ultrasis (C) To provide a conservative EPS figure, the EPS calculation ignores tax relief Ultrasis might be entitled to as a result of incurring pretax losses amounting to £32 million (from years 2001, 2002, 2003, 2004, 2005) (D) All the sales to NHS are realised in Ultrasis 2006 year end (E) Ultrasis is currently debt free £ Million Turnover from Sale of Beat the Blues (BTB) to NHS in England and Wales = (1) + (2) = £25.0 (6) Expenses (3) £3.0 Operating profit = (6) - (3) = £22.0 (7) Net Interest £0.2 (8) Year ending Jul05 this figure was -£0.15 Million Profit before tax = (7) + (8) = £21.8 (9) Tax on profits = (9) x 35% = £7.6 (10) Profit after tax = (9) - (10) = £14.2 (11) Earnings per share (EPS) = Profit after tax / Shares in circulation = (10) / (5) = £0.0108 OR 1.08 p per share Ultrasis valuation cases based on PE ratio: When EPS figure for Ultrasis 2006 year end is 1.08 p per share PE ratio of Gives a share price of And this equates to a market capitalisation of £ Million 5 5.4 p £71 7 7.5 p £99 10 10.8 p £142 12 12.9 p £170 15 16.2 p £213 18 19.4 p £255 20 21.6 p £283 25 27.0 p £354 30 32.4 p £425 Ultrasis valuation cases based on PSR ratio: When sales figure for Ultrasis 2006 year end is £25 Million PSR ratio of Gives a share price of And this equates to a market capitalisation of £ Million 1 1.9 p £25 2 3.8 p £50 3 5.7 p £75 4 7.6 p £100 5 9.5 p £125 6 11.4 p £150 7 13.3 p £175 8 15.2 p £200 9 17.1 p £225
jbarcroftr: share price looks to be under pressure.any views why.i can find no news
badabing: KI...I like it quiet....and so does the share price by the look of things....
privatei: When considering Ait I like to base my figures on 31/07/00 when Richard Hicks, a founder of the company and current Executive Chairman, sold 400,000 shares at 1430p totalling £5,600,000. Without going over the sorry history, the shares were suspended at 32.5p on 19th June 2002. The company was "rescued" by a group of venture capitalists and individuals subsequently referred to as the "Concert Party" that provided short-term capital and the opportunity to subscribe for new shares in a capital re-organisation which replaced 25 old shares with 1 new share of 2.5p at a price of 87.5p, valuing the old shares at a dismal 3.5p, around 90% down on the pre-suspension price. To compensate Concert Part members for the risk they were undertaking in providing short-term capital, they were issued warrants, allowing the purchase of 4,865,990 shares at 87.5p Subsequent to the re-organisation, the concert party has been in control of the company. The share price fell to just over 25p. At the end of June additional capital of £5,000,000 was raised in the form of a Convertible Loan, convertible at 25 p. The terms of the warrants were also changed, allowing purchase of shares at 25p, giving the Concert Party yet another bonus. The Concert Party has also obtained a waiver of the Takeover Panel Rules designed to protect small shareholders. Listing has been moved to AIM, giving less protection to shareholders and "conferring taxation benefits on certain shareholders". A cynic would assume that these certain shareholders are part of the Concert Party On the positive side, the company is reported as "making good progress ... and is now trading profitably". How convenient that this good news comes after the Concert Party has locked in the right to buy 24,865,990 shares at 25p. It is an easy exercise for the reader to work out the profit at a current (16/09/03) price of 71p. The current directors receive substantial salaries and are in the ideal position to look after their personal investments. Employees are kept happy with yet more options, although many failed to benefit from previous options when the share price collapsed before the options could be exercised. It is a different story for a small investor. Over a three-year term, shareholders have seen the value of their shares fall to a very small fraction of their value, in round terms just 1/4,500. An investigation by the FSA of activities prior to the re-organisation has yet to report, but don't even consider that the report will salve shareholders' wounds. It is obviously possible to make money investing in Ait shares. It can be traded like so many other shares, but not be left long when the venture capitalists want out.
potentials: no doubt the share options were put in place so that management could take advantage of the low share price at the time of release of interims - a cheek i know but at least they had initially come in at 85p in the nov 02 rescue package so i for one am not too bitter. at the time had they suggested that this funding come by way of rights issue it is likely that the share price may have dived from its level of 27p on that date to next to nothing as shareholders/investors would have taken it as a sign of ongoing problems plus the failure of shareholders to participate in the nov 02 rescue package. the additional funding was therefore acceptable at the time in my view as a shareholder and the increase in price in my view took that into account and the issue of these 20m shares now with an option price of 25p does not change anything as the rise from 27p to date took place in knowledge that this was about to happen - perhaps some private investors that jumped on the gavy train with little research did not realise but the true drivers of the price in the longer term (institutions) would no doubt have known and taken this into account in their research. i think that the eps provided to date will have to be adjusted to take the extra 20m after the egm but same comments as above apply here - the real gains will come in at stage 3. the apparent high price of this stock is in my view justified - excellent product/wide geographical reach of company/ at stage 2 of turnaround plan with final stage 3 perhaps just 1-2 years away ie growth phase/global network of partners that will be used to promote the product. far from being a concept stock which in many cases have sky high valuations (i could name some but will refrain as i hold some such stocks) AGP has real possibilities which are no longer than 1 - 3 years off and in such a case a higher share price is well warranted IMHO. obviously there are risks - dependent on 1 main product/stage 3 may necessitate further funding-dilution/over 50% of company will be owned by a group of shareholders etc but again nothing has change since june 03 on this. the recent fall in price is a concern but has happened on relatively small volumes - the real drivers on price will the the institutions which will but for the longer term once they decide to do so - the initial rise to date i think was driven by institutional buying some of which was existing holders increasing their stakes - this seems to have dried up for the moment so the move down may be mainly led by private investors getting bored/worried and realising profits before the price goes down further. i think that this may well continue for the short term or until more institutions come on board (if at all) - the fact that AGP does not seem to be very forthcoming with news etc means that it is likely to be below the radar of potential stocks being kept under review by potential investors but if as promised in its results release AGP updates the market more frequently on progress being made then this may change if such news is good. so i am happy for the resolutions to be passed at the egm and i think that there is a danger that the share price may well drift further in the period to at least nov 03 when interims are released and mayby beyond until we enter stage 3 (growth stage) but i have decided to stick with it at least in the circumstances as they stand at present. note that i am a shareholder as my views above would indicate and i appreciate a non-shareholder at this present time may well have a different view.
potentials: Can't see the directors needing to buy - most pick up the option to buy the shares at 25p under the loan notes to be issued following shareholder approval soon. Also I see that they are revising the warrant terms granted in the financing that took place last Sept/Oct 2002 by reducing the option price from 87.5p to 25p - this is a cheek in a way but what can small shareholders do as they are in control of a large % of the Company's shares. So it is unlikely that the directors will but on the open market unless the share price drops below 25p that is. On the plus side - they put in 87.5p cash per share last Sept/Oct 02 so under the lastest arrangements their average cost per share is still well over the current 33-35p. I think delay in issuing results and uncertainty as to outcome of results has kept even many speculators out of this stock which can be good and it may mean a gradual rise over the coming months - such a situation could be helped by the statement in the CEO's Report under "Going Forward" that "I am conscious that shareholders will wish to be kept informed of our progress during hte current financial year and it is my intention to provide regular progress reports." - provided the situation continues to imporve this should help the share price nicely. Thinking about the delay in issuing the results - the cynical side of me says that the delay may have resulted in the Directors waiting to see how far the share price would drop before stricking the exercise price for the loan notes and revised price for the warrants - presumably they would not be able to justify a price lower that the prevailing market price and so struck it at 25p after the price had drifted back from low 30s' - maybe they took the view that at 25-27p on 24/06/03 it was more likely to rise than to drop so someone pressed the "release" button!!!
Asian Growth Properties share price data is direct from the London Stock Exchange
Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:35 V: D:20161021 20:14:50