Bristol & London Share Discussion Threads

[harry punter] 11/4/2006 16:51

a complete nutter and a bad loser fool lol

[bird of dawning] 01/8/2005 21:27

BTL or should that really be B2L? Buy to let is not as dangerous as Dotcoms because, of course, B2L is long term. Dotcom short termism applied to B2L, as a speculation, will probably have meant a hefty tax bill on both capital & income. Most B2L'ers are using the income as their (early) pension.

There's still property investment bargains out there, just like value investment bargains in the stock market, but you just have to do your research to find them. Flats above shops or ex local authority can still offer value as long as local amenity is good. Keep on trucking!
Cheers
Bod

[davidlloyd] 02/6/2005 15:18

CR,

Yes, suprised not more coverage on this. A SUBSTANTIAL premium to open market price. Very strange games. Unless he bought them off someone at a pre-agreed price I suppose, helping support the price rather than resulting in a big drop(given its a highly illiquid stock) detrimentally affecting his own majority holding (>90% he holds already). WDIK.

[cockneyrebel] 02/6/2005 14:32

CEO has just bought 425K @ 125p!

RNS Number:0749N
Bristol & London PLC
02 June 2005
Bristol & London PLC (the "Company")
Re Director Shareholding
02 June 2005
Earlier today it was announced that, as a director of the Company, Richard Abel,
Chief Executive, purchased 425,533 ordinary shares (1.76%) in the Company on 31
May 2005 at a price of #1.25. Following this purchase, his resulting
shareholding is 95.33%.
On 2 March 2004, it was announced that Richard Abel had agreed an option with
Bradshaw Asset Management over the shares referred to above under which Mr Abel
agreed to purchase some or all of the shares during a period of 15 months
commencing in February 2004 at a price per share of #1.25.
Today's announcement refers to the exercise of the option agreed above.
This information is provided by RNS
The company news service from the London Stock Exchange
END
RDSUUUSRVSRNRAR
For more information and to contact AFX: www.afxnews.com and
www.afxpress.com

[energyi] 27/5/2005 09:56

Buy-to-let market has come to halt, say surveyors
By Jim Pickard, Property Correspondent
Published: May 27 2005 03:00 | Last updated: May 27 2005 03:00

The buy-to-let market has come to a halt, according to the latest survey of lettings by the Royal Institution for Chartered Surveyors. Net new instructions from landlords to let their property have not risen for the first time since 1998.

Investors have become landlords at an unprecedented rate, spurred by low interest rates, the stock market crash and a change in the law in the 1990s. The sector has risen from 26,000 mortgages to 526,000 at the end of last year, provided by the likes of Woolwich, owned by Barclays, Birmingham Midshires, owned by HBOS, and Bradford & Bingley.

[nailbiter] 12/4/2005 08:12

Interesting news from BTL although I think they're just trying to play catch up. Their full year result being about half of ACE's interim figure and I don't think they can fairly claim to fix things without a significant investmnent in systems. There is no mention of the value of the software development.

BRISTOL & LONDON PLC

COMPANY-WIDE SOFTWARE IMPLEMENTATION

Bristol & London PLC ('Bristol & London'), the leading specialist supplier of
prestige-only cars to the credit hire industry, is in the process of
implementing software across its business that should transform fleet
utilisation and improve Bristol & London's leading positions further in cash
management and customer service.

The implementation of the system is scheduled for completion by the end of the
summer, 2005.

The software has been developed by DBS, a specialist in bespoke software
solutions for logistics businesses. The main focus of the investment has been to give Bristol & London the leading position in fleet utilisation. The scope of the abilities of the software is much wider, however, and will provide benefits to the business vertically from the initial order of a hire car, verification of non-fault, sales monitoring, fleet deployment and delivery - right through to its return to Bristol & London.

In addition to the strengthening of the finance function as a result of the
appointment of Lewis Ross in September 2004, our investment in systems is part
of Bristol & London's ongoing commitment to position itself at the forefront of
the credit hire industry through the provision of the best customer service and
continual improvement in prestige-only fleet utilisation. Bristol & London
believes that such investment is key to delivering increased shareholder value.

[fullupfool] 02/2/2005 13:46

LOL !! Dream ON !!

[karzy] 30/1/2005 17:44

"Cherie Blair must now disclose any fees she is earning from this trip. Any personal profit she makes out of this should be split with the charity concerned and the British taxpayer to offset the cost of any security provided for a private fundraising tour."

The trip comes amid speculation about the state of the Blair family finances following their purchase of a £3.6m London townhouse last September, which they have so far failed to rent out. They are estimated to be paying £13,500 a month in mortgage repayments"

Oh dear !

[bird of dawning] 20/12/2002 04:27

Its possible to buy a 2 bed flat in the Canaries (Lanzarote) for about £100.000 or a 1 Bed for £70,000 located near to both the beach, airport and main resort area. As its warm throughout the year (on the same latitude as Sahara) it can let year round. I wouldn't know about 75 deg, but 69/70 deg was recorded yesterday at Arrecife. As the £/Euro exchange is very favourable right now it seems to be a good moment to look around there....and chill out at the same time!
Regards

[hijeff] 17/12/2002 14:03

supreme,good area/site,still affordable imo.

[supreme] 15/12/2002 21:08

Plenty of property over here to buy to let, excellent return on your money, property still going up, high summer rental income, good winter rental income and a place to own for your own holidays. 75° on the beach today at Fuengirola, how was the weather in the UK?

[lithiun] 15/12/2002 17:54

Take a look in the north west, the yields are excellent and housing is still affordable.

[jpeterki] 15/12/2002 16:35

How about sell to rent, flog where you're living and rent somewhere. Won't do it but its got to make sense financially

[fse] 15/12/2002 16:14

An example of Valhulla ?



I thought the hoops were about to fall in this area and that it was difficult to let property and that groth whatever that is is unlikely to match expectation.
maybe I am wrong

[hijeff] 15/12/2002 10:46

it is becoming clear to most that the BTL market in the uk is getting harder all the time.the answer must be to buy to holiday let,with my tip being the Spain/Portugal border as the new valhulla,if one is looking for a bargain that will not only give solid groth but great rental income allied with free holidays for you.taken as an allround deal this makes very good sence.

[dark matter] 29/10/2002 20:55

Things are once again looking up for the BTL market. In particular:

1. Interest rates look set to go down further.

See:



And:



2. South East the most popular place to live.

See:



3. An explosion in the number of UK households.

4. BTL housing is creating a new breed of multi-millionaires.

5. Shares are still not performing.

It's still not too late to get on the ladder!

[scripophilist] 26/8/2002 19:58

All these arguments were put forward before the last property crash. Certainly fundamental data is not driving prices, it's greed. When that goes into reverse then you will find that property is a very illquid investment.

[trumpet] 26/8/2002 19:53

France has loads of land, so does Spain, Australia, America...............

The peasants aren't going to revolt - more likely vote with their feet.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
54pc of Britons want to settle down abroad
By Anthony King
(Filed: 26/08/2002)


More than half of Britons are seriously considering seeking a new life abroad, says a survey for The Daily Telegraph.

Although Tony Blair was elected on the promise of "New Labour, New Britain," few people seem to detect changes for the better.

Not even at the height of the Suez crisis in the 1950s, when long queues of would-be emigrants formed at the offices of Commonwealth high commissions, have so many Britons been so anxious to turn their backs on home.

The YouGov poll says that 54 per cent of the adult population would like to settle abroad if they could. The figure during the Suez crisis, when many feared the outbreak of a major European war, was only 41 per cent.

Part of the explanation is clearly not that Britain has become less attractive to its citizens but that far more of the rest of the world has become more so.

During the post-war period, Britons contemplating emigration thought strictly in terms of America or one of the old Commonwealth countries, notably Australia, New Zealand and Canada. In the 1940s and 1950s European countries had little appeal.

Today, America and the nations of the old Commonwealth, apart from South Africa, retain their allure. But Spain and France now rank high on the list of would-be migrants' preferred homes.

If language were no object, more people would prefer to settle in either Spain (17 per cent of those thinking of moving) or France (15 per cent) than in America or Australia.

Not only have countries such as Spain and France prospered in recent years, but thousands of British holidaymakers can regularly sample the delights of relatively low prices and rural relaxation.

The post-war British emigrant was usually moving a long way from home to a country he or she had never seen. The modern migrant is typically returning to somewhere already well known.

People now shop around for countries, just as they shop around for bargains.

Asked why they wanted to leave Britain, most people cited the lower cost of living abroad, new opportunities and the British weather.

[dark matter] 26/8/2002 18:43

I agree there is some possibility a property bubble could be forming in the US but this will not happen in the UK because the fundamentals of the property market are very different.

In the US, outside a few major cities, there is no shortage of land. This means that house prices will never rise much above building costs which, in real terms, are probably actually falling.

In the UK there is a severe shortage of land that will keep upward pressure on property prices. No government would dare risk revolt by allowing building on green belt land and the land shortage is bound to continue.

[energyi] 26/8/2002 18:31

-above chart was "tongue planted in cheek"-

In the UK, outside London, you may be right.
In the US, the Real estate problems have already started.
Commericial real estate will lead the bubble burting in the US,
probably in the UK as well. Have you looked at the prices of UK
Property companies recently.

[dark matter] 26/8/2002 18:15

energyi, if there is going to be a Debt Crisis it will only come some time after there is a slow down in the housing market and there is absolutely no sign of this yet. The skies are still blue.

[energyi] 26/8/2002 18:08

Above shows what I think of housing speculation on the
eve of a Debt Crisis