Invesco Uk Property Income Trust Share Discussion Threads

[bsg] 22/11/2013 15:15

Will the have any money left when they've finished selling everything?

[mister md] 21/11/2013 08:57

not too keen on this statement

"Prospects of a return to shareholders are very remote"

[flyingswan] 15/11/2013 16:59

INVESCO Property Income Trust Limited(LON:IPI)managed to keep its loss at -3.16% on below-normal volume. The stock settled at $0.46 . Its latest price has reached market capitalization of $703,800.00.Its 52-week range has been $0.06 – 1.00.InvesCo Property Income Trust Ltd is a United Kingdom-based closed-ended, investment fund company.

Is IPI Ready To Move Up?Find Out Here

[flyingswan] 22/10/2013 19:13

This could be one reason IPI share price has been raising recently:

"The European commercial real estate investment market had its strongest third quarter since 2007 with €35.5 billion in transactions - up 21% on Q3 2012, according to the latest data from global property advisor CBRE.

"Commercial real estate investment in the core Western European markets – UK, Germany and France – was particularly strong in Q3 2013. Investment in UK commercial property was at the highest level since Q3 2007 with €14.1 billion of transactions completed in Q3 2013 - a 19% increase over Q3 2012. Germany, with €6.2 billion in Q3 2013, showed a 21% increase over Q3 2012. France also had its highest Q3 investment activity since 2007 with €4.6 billion - a 39% increase on Q3 2012. These markets also posted sequential gains compared with Q2 2013, with investment activity for all of Europe improving 7% compared with the prior quarter."

[chrisgail] 09/10/2013 12:19

After today's RNS the light at the end of the tunnel does not get any brighter.

[flyingswan] 25/9/2013 22:32

knowing... Great post about #FXD by fingers xxd on the #ADVFN stock discussion forums

$FXD

[knowing] 25/9/2013 17:40

Chart seems to be trending up now. A nice 2M buy showing as well.

[chrisgail] 13/9/2013 14:19

I agree with what you are saying, but RBS could force the Company into administration virtually at at moment it chooses and take the assets into it's own property portfolio just as they turn round. The one thing that I think might just be going in the shareholders favour is that this is an Invesco company and 'they' (RBS & Invesco) are 'all boys together'(the City) and they may for that reason let the company survive and the shareholders share the recovery. The question is, am I prepared to buy any more shares to join in? No, too many cases of the small shareholders been shafted, I don't really want another one. I hope I am wrong.

[knowing] 13/9/2013 10:16

Excellent summary from Gilteddge on LSE:

For what it is worth, here are my views.

You should know I have been accumulating a significant position on the expectation of an ultimate turnaround.

IPI have so far breached every single covenant multiple times.. In return RBS have extracted their pound of flesh.. The key factor is that every single interest payment has been met even in the worst of times and they now currently have a decent interest cover.

There is going no forced liquidation of the portfolio, or even a bits and pieces sell off. The latter scenario means that IPI will then lose critical mass and will cease to be able to operate as a viable business entity.

No, the situation will continue for the medium term, with loans being rolled over until the portfolio returns to a positive LTV and even then it wont be liquidated unless a buyer can be found for the majority of the portfolio.

It's also possible it will survive as a business entity once the LTV returns to some semblance of sanity.

After all, they have met their every obligation even through the worst of times.

IPI earned a revenue profit of 2.9p a share in the last financial year which puts its current P/E ratio at the princely ratio of 0.14. So here you have a company valued basically as worthless by the market yet still earning a profit of around 5 mill pa.

All you need to work this out, is to ask yourself, what would you do if it was your money that was invested and you had a debtor that has met every interest payment. Are you going to through him out with the bathwater?

Don't think so! We would both want our capital back at a minimum and we at least hang on until that becomes possible.

Also RBS now has a quasi equity stake in IPI, so the tone and substance of the relationship goes deeper than can be read in any financial report.

[knowing] 12/9/2013 15:59

Excellent.

Thanks

[flyingswan] 12/9/2013 15:55

Knowing if you put the http in capitals the link will be clickable (HTTP)

[knowing] 12/9/2013 15:22

Green shoots?

[goldenhorse] 09/8/2013 15:39

.... but on the other hand it is still rangebound at this midprice...

[goldenhorse] 09/8/2013 15:38

More interestingly you can sell 400k at .32 ... can't usually shift them... a real bid - whatever next...

1.5% of the company traded today as well...

[knowing] 09/8/2013 12:31

If you buy in small quantities you can get .4 however they have larger quantities available for .55.

[knowing] 09/8/2013 11:40

I think the seller is out and this is why we are also seeing a move higher.

[fur] 09/8/2013 11:39

But at some time the interest rate hedges fall out of the liabilities and then it has value again; mots of the must have been 5 year only rather than any further, and this has been basket case of nearly that length of time.

[vyke82] 09/8/2013 11:31

If property prices keep improving good chance this survives. It's currently in line with covenants but still net liabilities so no value to equity

[knowing] 09/8/2013 11:01

Significant increase in volume too. I am hoping that Invesco can turn this around however there are always buts.

[mister md] 09/8/2013 10:29

wonder if the recent transfer of shares by F&C Asset Management plc is significant ?

[dubois] 09/8/2013 10:03

More activity than I have seen for some time. This appears to be reflected in the spread being closed

[mister md] 09/8/2013 09:56

bit of activity here it seems

[knowing] 04/7/2013 16:12

Highest bid for some time

[flyingswan] 31/5/2013 18:33

INVESCO PROPERTY INCOME TRUST LIMITED - Circular re related party transaction
Intrepid Potash
IPI | 5/30/2013 11:45:00 AM
INVESCO PROPERTY INCOME TRUST LIMITED - Circular re related party transaction
INVESCO PROPERTY INCOME TRUST LIMITED
PUBLICATION OF A CIRCULAR
Invesco Property Income Trust Limited (the "Company") has today published and issued to Shareholders a circular approved by the UK Listing Authority (the "Circular") in relation to the proposed appointment of Invesco Real Estate S.á r.l. ("Invesco Real Estate Management") as company secretary and administrator to the Company's Luxembourg-domiciled subsidiaries (the "Luxembourg Subsidiaries").
Invesco Real Estate Management is part of the same group of companies as Invesco Asset Management Limited, the Company's investment manager, and is therefore a related party of the Company under Chapter 15 of the Listing Rules. The proposed appointment of Invesco Real Estate Management as company secretary and administrator to the Luxembourg Subsidiaries will constitute a related party transaction for the purposes of the Listing Rules and accordingly is conditional on Independent Shareholder approval.
The Circular convenes an extraordinary general meeting of the Company to be held at 10.15 a.m on 17 June 2013 (the "Extraordinary General Meeting"). An ordinary resolution, to be approved by Independent Shareholders, will be proposed at the Extraordinary General Meeting to approve the Related Party Transaction.
Copies of the Circular will shortly be available for inspection at http:// www.morningstar.co.uk/uk/NSM.
Copies of the Circular are also available in electronic form on Invesco's website: www.invescoperpetual.co.uk/investmenttrusts and, until 17 June 2013, are available for collection from the registered office of the Company at Ordnance House, 31 Pier Road, St Helier, Jersey JE4 8PW.
Terms used and not defined in this announcement have the meanings given in the Circular.

30 May 2013

http://www.stockhouse.com/news/usreleasesdetail.aspx?n=8875836