Intu Properties Share Discussion Threads

[eipgam] 29/7/2014 20:20

Takeover excitement in the property sector stoked demand for commercial real estate shares, with traders picking up on news that Klépierre, the French shopping centre owner, had made a €4.2bn offer for Dutch rival Corio. In the FTSE 100, peer Hammerson added 12½p to 608p, while fellow blue-chip shopping centre group Intu Properties closed 6.6p dearer at 326.3p.

[eipgam] 29/7/2014 20:15

what? nobody has a buy on this? I must be a contrarian!

"Liberum Capital reaffirmed their sell rating on shares of Intu Properties PLC (LON:INTU) in a research note issued to investors on Monday. The firm currently has a GBX 276 ($4.69) price target on the stock.

Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a hold rating on shares of Intu Properties PLC in a research note on Tuesday, July 22nd. Separately, analysts at Oriel Securities Ltd reiterated a hold rating on shares of Intu Properties PLC in a research note on Wednesday, July 16th. Five investment analysts have rated the stock with a sell rating and eight have issued a hold rating to the stock. Intu Properties PLC has an average rating of Hold and an average target price of GBX 303.90 ($5.16)."

[eipgam] 09/7/2014 19:43

another rns.... has JW just maintained his holding % by buying these after the reent fundraising? Anyone got an idea?

[eipgam] 03/7/2014 13:01

Blimey.. is that up to 16% from nowhere? Coronation seem to be centred in SA, Zambia and other African countries.

only a couple of million shares traded on 1st, though?

Confused?

[zcaprd7] 03/7/2014 12:03

Pretty sure I've seen coronation asset management before?

[eipgam] 23/6/2014 17:19

Another site visit by 'analysts and investors' (RNS). I wonder if that merry troupe will include anyone like the recent Malay investors?

[eipgam] 22/6/2014 09:16

Re: poss Suspension... it's just a fault on the ADVFN charts

The volume is bizarre.... over 22 million shares in the UT, I wonder what that is all about.

edit: Could it have anything to do with entering the FTSE100?

[zcaprd7] 20/6/2014 23:50

What happened today? Bizarre volume, and what looks almost like a suspension in the afternoon?

[eipgam] 16/6/2014 13:45

can anyone tell what todays RNS actually means?

[eipgam] 09/6/2014 13:34

There's quite a few AT trades for zero shares and zero value going through (although the shares do have a bid and ask price)... I have never seen that before, I wonder what it is?

edit: Bleedin' typical! As soon as I typed that, thay all disappeared!

[zcaprd7] 08/6/2014 11:36

I was wondering about book value. What are we valued at versus the portfolio value?

[eipgam] 08/6/2014 11:00

Not yet... other than in the AOI presentation last month. Not long to wait for the results though, I understand

[thelung] 07/6/2014 22:12

Mag, you reading these rumours re Sala-1? (Sorry for OT)

[eipgam] 06/6/2014 14:50

'tis a bit strange... unless the deal for Uxbridge was put together relatively quickly.

I wonder what the rental yield on that particular centre is.... ie could the trick be repeated with another pension fund looking for a long term steady return?

and looking at the share price action, I wonder if we are having a rerating. Nothing proves asset value like cash does.... and a sale at 2% over book certainly proves that the book valuations are not fanciful.

[zcaprd7] 06/6/2014 13:22

Interesting news. Sounds like they've worked out a way of getting cash out of the portfolio. Not sure why they needed the discounted placing then? Especially at the three year low?

[eipgam] 06/6/2014 12:59

I think I can see £3.60 on the horizon....

[eipgam] 05/6/2014 10:35

Thanks to Enami on the MRO thread

hxxp://www.ftse.com/tech_notices/2014/Q2/FTSE_UK_Review.xls

FTSE 100 Index

Inclusions
3i Group
Intu Properties

[zcaprd7] 03/6/2014 17:12

Ticking up. The placing shares are well ahead...

[maurillac] 08/5/2014 13:47

yes quite so - "steady" rather than "exciting" - always good to have some steady stocks in your pf imho - especially with a decent yield !
m

[zcaprd7] 08/5/2014 11:05

All looks steady as she goes, interesting cyclical play...

[eipgam] 01/5/2014 13:32

So we now own 2 new centres and 50% of Merry Hill (I remember working on the opening events for that centre way back in the early eighties).

I see that have reiterated that the 8th May IMS will cover the period up to the 8th May! What good news could be in it? Higher footfall, perhaps increased tenancy rates (like Hammerson announced?). There is certainly room for improvement at Eldon Square in Newcastle. Maybe the new purchase in Spain will please?

[zcaprd7] 01/5/2014 13:12

Think the whole bod took part. What money some pleasant news in the ims?

[eipgam] 28/4/2014 16:03

Just reread the RNS of 22/04 9.44am and can now answer my own question... looks like he did.

[eipgam] 28/4/2014 15:57

Think there is a mistake in today's RNS... or it's very quick work on behalf of the board... anyway IMS on 8th May..... I htink.

PS can anyone understand the recent holding RNS's... I think they refer to the holdings of the Chairman... but did he partake in the rights issue or not? Can anyone help?