Share Name Share Symbol Market Type Share ISIN Share Description
Fletcher King LSE:FLK London Ordinary Share GB0003425310 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 45.50p 43.00p 48.00p 45.50p 45.50p 45.50p 0.00 05:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 4.6 1.4 11.5 4.0 4.19

Fletcher King Share Discussion Threads

Showing 626 to 650 of 650 messages
Chat Pages: 26  25  24  23  22  21  20  19  18  17  16  15  Older
DateSubjectAuthorDiscuss
06/12/2016
11:48
Savills predictions: Commercial returns: up 5.6% per year between 2017 and 2021
norbert colon
22/11/2016
13:06
http://www.cityam.com/254060/asian-investors-have-poured-over-15bn-into-london-property?platform=hootsuite
norbert colon
18/11/2016
08:08
"The election of Donald Trump could be good news for property as foreign money flees USA in favour of London:" Alex Michelin, of Finchatton.
norbert colon
28/10/2016
08:16
AXA given go-ahead by investors to build 22 Bishopsgate, a 1.4 million sqft office development. Major, major boost for the City post-brexit.
norbert colon
18/10/2016
14:26
Many thanks NC.
bluemango
18/10/2016
13:01
Blue. Nothing specific to report really and your understanding is correct. They are a little cautious given Brexit but it's business as usual. Dividend policy is unchanged. Ongoing frustration that they do not make better use of their cash or listing. Looking to move HQ over next 18 months which they anticipate will achieve a decent cost saving as they need less space than they currently occupy. All in all expect more of the same and hopefully ongoing SHIPS growth.I all honesty they are too small to be listed and it would be nice to see some action here.
norbert colon
18/10/2016
10:34
Hi Norbert, anything you can report from the AGM a couple of weeks ago? Any comments on dividend for example? My impression is that they see some uncertainty ahead but feel they are generally well placed to ride out any waves.
bluemango
18/10/2016
09:06
Knight Frank: demand for London office space "well above" long-term average of 7.9m sq. ft in Q3. Active searches" exceeded 9.5m sq ft.
norbert colon
07/10/2016
11:27
Savills say overseas buyers acquired £2.19 bn of commercial property in central London in Q3: 78% of the total transaction volume of £2.8bn
norbert colon
02/9/2016
08:03
I'll try to make it from Leicestershire Glen
profdoc
01/9/2016
20:50
AGM will be on 28th September at their normal HQ location and the normal early time of 9am (unhelpful to shareholders who live outside of London area).Hope to see (even) more shareholders attend this year.
norbert colon
30/8/2016
21:28
Looking perky recently; hope it continues. Goes xd in 10 days for 1p.
deadly
18/7/2016
22:00
Encouraging news of Wells Fargo buying office block in City of Londonhttp://www.bbc.co.uk/news/business-36826974
norbert colon
12/7/2016
11:49
I was encouraged by "the year well and have completed the sale of over £50m of office and industrial investments" in the outlook statement. David Fletcher has not come across to me as someone who guilds the lily and hence the very presence of anything positive looking forward into 2016-17 is good to hear. Clearly uncertainty is not in the businesses favour but property assets will still need to be managed and transactions will pick up once there is more clarity re: Brexit.They remain a long term hold for me.
norbert colon
12/7/2016
10:43
Solid set of results largely as expected.I suspect FY 2016-17 will be challenging to say the least.Market sentiment towards commercial property significantly weakened since board made further substantial investments into its SHIPS vehicles.Diminution in value of these investments seems more likely than any further gains.Must be considered high risk given all of the uncertainties.
longinthetooth
12/7/2016
09:41
Very quiet here, but excellent results today: Basic and diluted earnings per share of 11.51p (2015: 3.90p) The underlying business continued to perform well with all departments performing much in line with last year. Valuation instructions increased significantly, reflecting increased bank lending to the commercial property sector. The Valuation Office has again slowed down settlement of Rating Appeals which affected turnover, but we still settled some significant assessments.
deadly
22/12/2015
14:52
Well done longinthetooth Hit the nail right on the head.
churchill2
22/12/2015
10:12
The main problem here is that the board are not at all interested in building long term value.In good years they will reward themselves handsomely and pay a decent dividend no doubt but in more challenging times it will be the dividend that gets cut not their basic remuneration packages.I have followed this stock as closely as anyone over the past 15 years and the board have had ample opportunity to build a much stronger balance sheet than presently exists but time and time again taken out the lions share of the pot.DF could have significantly increased his stake in the business at prices well below 30p on many occasions but has declined to do so.Share purchases by DF in the past 15 years-zero.Share buy backs,although I am not a great fan, in the past 15 years-none that I am aware of.This one should have been taken private many years ago.
longinthetooth
19/12/2015
18:21
you are of course correct perhaps i should bank a profit and move on
bisiboy
18/12/2015
10:33
We all know that the staff will grab a high proportion of the value created. But consider this: After their grab: Operating profit from normal business in six months: £582,000 Profit on sales of SHIPS 14: £590,000 PAT £945,000 NCAV: £3.8m (with cash of £4m) MCap: £4.4m Glen
profdoc
18/12/2015
10:15
My view is that as an investor, if you are not happy about something then speak to the Board and if you are still not happy move on as there are plenty of other opportunities. I was very unhappy about Board pay at Norcros (NXR) and hence sold - problem solved; similarly I have avoided WYG (even though I like the niche offering) as I just don't like the Boards apparent underlying greediness. FLK has been a very good investment for me to-date and I plan to remain a Shareholder until such time as the story changes. Seasons Greetings to all.
norbert colon
18/12/2015
09:06
Norbert, thanks for your comments and I noted the response from the board at the time I don't think this has been handled well at all they should never have increased the dividend to only cut it again the following year as for the latest results it would have been better to pay a 7.5p special last year and a maintained 1.5p interim. the only message I can read into this is that they view the longer term profitability of the business to be able to sustain the lower dividend but not the higher one.
bisiboy
18/12/2015
07:53
Interesting to see the effect of a few negative posts plus some minor selling in such an illiquid share. Five sales of about 10,000 shares since results and the price falls by nearly 25% in 36 hours! This is not a share for daytrading. At the current sell price of 46p the company is valued pretty much at cash: £4.24m against £4.07m. Since the £4.07m is left after whatever has been paid in employee bonuses, I can't get too worked up about the latter. It's about the same as we shareholders got in the special dividend, without doing any of the work.
westcountryboy
16/12/2015
15:05
Blimey are they still at it Go back to post 339 in 2007. The share price was near £1 then.
churchill2
16/12/2015
12:26
Wonderful set of results only marred by the directors approach to their own remuneration packages.Special Dividend and its timing clearly a device to pacify unruly shareholders!All shareholders need to accept this is a private fiefdom hiding behind a quasi listing which is tantamount to a matched bargains market.As any sophisticated investor will appreciate the Capitals property market whether commercial or residential is NOT a one way ticket and is in all probability in the advanced stages of a bubble.The Provinces will not be able to fully compensate for any tangible downturn in the South East.
longinthetooth
Chat Pages: 26  25  24  23  22  21  20  19  18  17  16  15  Older
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