ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

EBP East Balkan

6.50
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
East Balkan LSE:EBP London Ordinary Share GB00B0QB4K42 ORD EUR0.01
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 6.50 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 6.50 GBX

Equest Balkan Properties (EBP) Latest News

Real-Time news about East Balkan (London Stock Exchange): 0 recent articles

Equest Balkan Properties (EBP) Discussions and Chat

Equest Balkan Properties Forums and Chat

Date Time Title Posts
04/4/201820:51Equest Balkan Properties104

Add a New Thread

Equest Balkan Properties (EBP) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Equest Balkan Properties (EBP) Top Chat Posts

Top Posts
Posted at 21/9/2011 11:08 by praipus
Results slipped by quietly but look good to me:

"Net Asset Value per share of EUR 0.39, an increase of 8%"
Posted at 16/5/2011 14:11 by praipus
Is this the bottom?

"Net Asset Value per share of Euro 0.36, a decrease of 14.3% (2009: Euro 0.42)"

At the moment €0.36 = GBP of 34.14p
Posted at 20/1/2009 16:09 by praipus
LBO fascinating stuff. Amusing that Moody's and S&P rated CDO's so highly now look at the mess we are all in.

Who's paying for the research and whats their agenda?

Do take a look at the IMF's website and at Romania's balance of payments. Relative to popuation they are not too bad compared to the UK or USA. Got EBP via a Utilico UTL holding but watch with interest here just in case there is an up turn, got to happen sometime.
Posted at 14/12/2008 19:53 by jpmorgan
Just did monthly check on EBP.

Sale of biggest asset at Mkt price with associated debt, giving fresh equity and removal of cashflow issues should support development projects which should be good news for the share price long term. Carousel as big investors, seem to be playing the long game which should be good for all on a 3 year view.

Dont expect lots of movement in share price for while, until things improve in terms of finacial liquidity in the markets, then this one should progress.

JPM
Posted at 04/11/2008 12:49 by engineer66
Thanks for your posts LBO. Share price is pretty miserable, but property prices already very low in the Balkans and there's good underlying growth so a fair chance this company could be taken over at a bargain price. I am sure a buyer could cut costs a lot.
Posted at 13/4/2008 19:39 by jpmorgan
Lots of clued up investors spending cash on equity holdings in EBP...enough said DYOR.
Posted at 29/8/2007 17:35 by labatie
But EBP is involved in commercial, not in housing
Posted at 03/8/2007 09:27 by orchestralis
Carmignac Gestion ("Carmignac") purchased, on 2 August 2007, 1,337,525 Ordinary Shares of Euro0.01 each at a price of 93 pence per share for Carmignac Grande Europe. Carmignac's resulting holding of 8,677,165 shares represents 6.20% of the issued share capital of the Company.
Posted at 19/4/2007 08:43 by lbo
Equest Balkan


Our view: Buy

Share price: 121.5p (+1p)

Equest Balkan Property is fast becoming one of the biggest players in the Balkan commercial property arena. Yesterday's full-year results from the AIM-listed company underlined this fact.

In the 12 months to 31 December 2006, Equest bought €239m-worth of property in the region. These assets have already been re-valued and are now estimated to be worth €272m, an uplift of €33m, or 14 per cent. This leaves the group well positioned to reach its target of having a €400m portfolio this year.

The bulk of its assets (over 80 per cent) are in Bulgaria and Romania. Both countries joined the European Union in January. Their economies have been booming for years, and are tipped to continue to do so. Equest owns shopping centres, hotels and warehouses in both. A skilled investor, the group tends to buy properties for which it has tenants already lined up in advance. In this way it avoids speculation - it does not make purchases and then hope that it can find someone to rent the site, as many of its rivals in the region do.

Property in Bulgaria and Romania is not only far cheaper than in western Europe, but is also cheaper than in the Czech Republic, another former Soviet bloc country that is now in the European Union. However, Equest believes there is even better value to be found in the former Yugoslav republics of Serbia, Macedonia and Croatia, which at present stand outside the EU.

It is to these countries that the group is now looking, and alongside its annual results yesterday it unveiled the €7m purchase of an office block in Skopje, the Macedonian capital.

Economic conditions in the Balkans have probably never been better. The region has embraced the free market as never before, having suffered terribly for decades under Communist state planning. Yes, there are risks for investors. Corruption is a major problem. Also, the local legal systems often take years to settle simple disputes. However, Equest has so far avoided these pitfalls, thanks to the extensive experience of its management team in the region.

As well as the prospect of significant capital growth over the long term, Equest shares offer investors a dividend yield of 7.5 per cent based on the stock's 100p float price.
Posted at 18/4/2007 14:39 by labatie
I don't know if you've seen research by Oriel Secs(who I think are the shop) on the Equest website, www.equestbalkan.com. On their forecasts, over the next two yrs or so we shd receive C27p in dividend, which is quite a return on a share price of 121. Another thing I like about EBP is that it is very well held indeed by institutions.
Equest Balkan Properties share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock