Share Name Share Symbol Market Type Share ISIN Share Description
Medical Property Investment Fund LSE:MPF London Ordinary Share GB0033732602 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% 0.44p 0.00p 0.00p - - - 0.00 05:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Unknown - - - - 0.00

Medical Property Investment Fund Share Discussion Threads

Showing 76 to 99 of 100 messages
Chat Pages: 4  3  2  1
DateSubjectAuthorDiscuss
12/1/2007
09:09
I have set up a board for AGR. See you there
mctmct
03/11/2006
12:40
I see ADVFN are offering Charts & Research for both MPF and AGR now. Any plans to change thread title?
petersinthemarket
02/11/2006
17:30
No new thread for todays newly launched competitor MDF yet.
petersinthemarket
02/11/2006
07:51
Epic AGR
lex1000
30/10/2006
14:37
27 October 2006 - ''The Company is pleased to announce that the Royal Court of Guernsey has today approved the name change of the Company to Assura Group Limited ...... expected to be effective on LSE early next week'' New name, new publicity, rising interest, rising share price - maybe.
petersinthemarket
18/10/2006
11:03
Does anyone have any MPF comment on REIT conversion? The main advantage of UK REITS to us seems to be the substantial percentage of profits which has to be paid out in dividends to us as shareholders. But there still seem to be a lot of unresolved issues with REITS, especially tax related issues. For instance paying dividends to very big shareholders, especially those likely to help get a new launch away by taking a substantial part of the stock. I found a recent interesting article on REITS published by Eversheds in a Birmingham newspaper. Extracts here, or the whole article can be found on: http://www.blackenterprise.com/yb/ybopen.asp?section=ybin&story_id=98912005&ID=blackenterprise ''The UK property industry clearly supports the proposed ..... REITS legislation that comes into effect from January 2006. However, only 16 per cent of those surveyed currently plan to convert to or launch one of the new-style investment vehicles. A similar percentage was undecided, while two thirds have no plans to convert at the present time. Although the industry was broadly in favour of REIT's, there remain concerns about the shareholding restrictions that in effect prevent a single shareholder from owning ten per cent or more of the shares in a REIT. Under the current legislation, if a REIT pays dividends to a single shareholder owning ten per cent or more of a REIT, the vehicle will be hit with a significant tax charge. This has caused a great deal of concern in the property sector. Unfortunately, due to international tax treaties it's the one area the Government cannot easily amend. The Government could fix this .... though nothing can be done before the first REIT's are created in three to four months from now. This restriction will undoubtedly reduce the number of REIT's launched under the new regime ...... Aside from the concern over the shareholding limit, industry views on much of the REIT's legislation were broadly positive: 80 per cent of all respondents - and 95 per cent of investment institutions - thought the two per cent conversion charge was about right, while 86 per cent agreed with the interest cover test that limits the interest to income ratio of a REIT to 1:1.25. Furthermore, nearly 86 per cent were in favour of the 'balance of business' rules requiring any REIT to derive 75 per cent of its income from rentals. ...........respondents would like to see further legislation ..... allowing UK REIT's to make tax-effective investments in overseas property........important that group REIT's be allowed to hold an interest in jv's.......only 15% of investment institutions surveyed were planning to launch one'' There is a lot of other REIT stuff on the web, particularly from EVERSHEDS. I have posted these extracts on the PHP and MPF threads as they are the only two non-AIM companys that I have found to date in the Health care property business. PIM
petersinthemarket
16/10/2006
19:03
SP getting interesting again - Now trading ahead of 50MA and 200MA - Albeit on the back of an all time record high FTSE. SP closed at 188 today - Previous high of 189 in July2006 topped a probable H&S formation prior to share price plummeting to a low of 154. Current chart formation still not yet clear - Lets hope to avoid a repeat show. If share price actually manages to break up thro' 189 convincingly, and hold, this week it could be a very significant break indeed - Next target would then be the 208/210 of Mar2006. Some way to go, but best of luck to holders. PIM
petersinthemarket
11/10/2006
16:23
On above topic - PHP recently announced the result of the revaluation of their total portfolio (sorry about off-thread; just an example): ''Revaluation - As reported in the Chairman's Statement, the portfolio valuations have resulted in an uplift of £15.0m, which has been incorporated into the Balance Sheet, giving a closing property investment valuation (including finance leases) of £203.8m. This increase amounted to 66.1p per share on an undiluted basis and 61.8p per share on a fully diluted basis. The valuation surplus reflects the impact, during the year, of our successful rent reviews. There has also been a further hardening of investment yields during the year. Notwithstanding this and an increased number of players in the market, the Group has a good pipeline of investments.'' ie: The growing value of the property and the benefits derived from it must in due course prove to be much better than cash - or am I missing your point?
petersinthemarket
11/10/2006
15:53
>>mctmct As admitted in a previous post, I am an ex engineer, not an accountant, so feel totally free to ignore my ramblings. Mind you, if you do you wont find many others to talk to on this thread. Quiet ennit? (only joking lex). You are of course quite correct that the cash or property would initially have similar asset values. But property values can be shown in the accounts at cost or valuation, and if the property value does not soon exceed the cash value then someone needs sacking. I've never bought a pharmacy, but I bought my last house in 1983 for £39,750, and sold it recently. Looking back, would I prefer to have kept the cash - are you kidding?
petersinthemarket
11/10/2006
12:22
Peters Thanks for moving us to the right thread. I don't see how buying property with cash is substantially NAV enhancing. If you know the trick, please tell me - and I'll switch out of equities! mct
mctmct
04/10/2006
11:49
MPF back trading above 200SMA free stock charts from ADVFN.COM
lex1000
03/10/2006
20:57
>>mctmct - 3 Oct'06 - 20:28 - ex PHP thread, 106 of 106, off topic: Peters, ''MPF's share price is 182 today, so the 113.1p NAV seems very low for a property investor. Why is the premium justified? mct''. I would prefer an accountant to comment on the reported numbers (I'm a retired elec engineer), but in my opinion, as things stand at present, the premium is not justified. I believe we are being asked to have faith in MPF's potential. MFP are this year changing their name (assura), changing their business (from an investment fund) to an assett-backed medical property company, and splitting internally into three named sections (property, pharmacy, medical), each to concentrate on its own area of expertise. There is probably still a lot of detailed internal re-organisational work for them to get through on this yet. MFP are buying up suitable medical properties as fast as they and their legal team can go. They have a lot of recent extra cash to invest post open offer. I have no experience of the success rate of its mgmnt team but assuming they can make a decent job of this the Coy could do well, and I would expect to see next years NAV substantially higher. In my opinion, they will be massively supported by Govnmt policy, as the Govmnt are very serious about moving all suitable medical services out of the hospitals and into local medical centres. The Gov are putting billions of tax-payers money into this initiative. Their success will no doubt be an important topic for the next election in about 3yrs time. MPF will of course have potential new competition to deal with, as this field will be very attractive. They will also have at least one very experienced sitting tenant (PHP) to deal with. But overall, MPF looks potentially interesting. If it works out then current prices will be seen to be a bargain. If not, well ..... I am still weighing this up myself, but I feel I might have a dabble once I have done enough work on it. As usual, only my own opinions here, DYOR.
petersinthemarket
03/10/2006
17:38
Its good to see the institutions buying in such big volumes. I suspect a lot of last weeks share price rise was due to these big buys. However, I personally like to see clear share price trends, and I cannot see any clear trend yet. The recent bottom was around 154 as at Sept2006, and this took it back to roughly the same level as Nov2005. This is unfortunately also lower than the open offer price of 170 in May 2006. It will be interesting to see which level influences the true support in due course. I suspect the recent high of 210 in Mar2006 will remain too high for now since the 64m open offer shares watered things down. I also wonder about that clear H&S in July/August. The first task for the share price must be to convincingly rise above the H&S 180 shoulder line. I'll wait for a bit more clarity in direction before plunging. best wishes to all already in.
petersinthemarket
02/10/2006
16:10
No stopping MPF.Up from posting 25-9-06 161p-162.5p to close 184p-185p up 4.2%.
lex1000
02/10/2006
15:41
Closed up 4.2% another good day at the office!
lex1000
02/10/2006
15:28
petersinthemarket,heading back to 200p.aimvho,dyor.
lex1000
02/10/2006
11:05
Artemis,accumulating. Medical Prop Holding(s) in Company RNS Number:7822J Medical Property Investment Fd Ltd 02 October 2006 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Name of company The Medical Property Investment Fund Limited 2. Name of shareholder having a major interest Artemis Investment Management Limited 3. Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 And certain of its investment clients 4. Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them Artemis Income 5. Number of shares / amount of stock acquired Not disclosed 6. Percentage of issued class Not disclosed 7. Number of shares / amount of stock disposed Not disclosed 8. Percentage of issued class Not disclosed 9. Class of security Ordinary 10 p 10. Date of transaction Not disclosed 11. Date company informed 29 September 2006 12. Total holding following this notification 12,538,930 13. Total percentage holding of issued class following this notification 5.36% 14. Any additional information 15. Name of contact and telephone number for queries Melanie Torode - +44 1481 735542 16. Name and signature of authorised company official responsible for making this notification Melanie Torode - +44 1481 735542 Date of notification 2 October 2006 The FSA does not give any express or implied warranty as to the accuracy of this document or material and does not accept any liability for error or omission. The FSA is not liable for any damages (including, without limitation, damages for loss of business or loss of profits) arising in contract, tort or otherwise from the use of or inability to use this document, or any material contained in it, or from any action or decision taken as a result of using this document or any such material. This information is provided by RNS The company news service from the London Stock Exchange END HOLMTBBTMMTMBRF
lex1000
01/10/2006
18:58
Started to investigate MPF a bit more seriously. Was that a classic Head and Shoulders pattern that formed through July plus first week of August? As reversal signals go, the subsequent fall during the remainder of August seemed a bit overdone. I note the share price is now just about back up to the shoulder line. I think its possible last weeks sudden share price upsurge was largely triggered by the institutional buying. Anyone care to stick their neck out (no pun intended), and take a stab at where the share price might go next? Since I havnt taken the plunge and bought in yet its only a paper excersize for me at the moment. As usual DYOR, and best wishes.
petersinthemarket
01/10/2006
18:31
Some big shareholdings at the moment, although I assume some holdings will find their way back onto the market if/when the share price rises. (Total interestingly comes to well over 100%; some double counted?) Major Shareholders (Shares in issue: 234.0m 10p Ords) Amount % Holding F&C Asset Management PLC 85,711,200 36.84 AMVESCAP PLC 68,388,753 29.23 INVESCO Asset Management Limited 44,696,775 19.21 Lazard Asset Management 13,951,464 6.00 HBOS PLC 11,354,192 4.88 Credit Suisse Asset Management Limited 11,300,000 4.86 Investec Asset Management 10,622,797 4.57 Artemis Investment Management 9,587,394 4.10 Jupiter Asset Management Limited 9,350,000 4.02 Directors Amount % Holding Mark Bentley Jackson 40,000 0.017 Peter Pichler 35,000 0.015 John Gerald Curran 25,000 0.011 Graham Frank Chase 10,000 0.004 Colin Charles Vibert 10,000 0.004
petersinthemarket
29/9/2006
12:43
Medical Prop Holding(s) in Company RNS Number:7179J Medical Property Investment Fd Ltd 29 September 2006 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Name of company The Medical Property Investment Fund Limited 2. Name of shareholder having a major interest Artemis Investment Management Limited 3. Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 And certain of its investment clients 4. Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them Artemis Income 5. Number of shares / amount of stock acquired 6. Percentage of issued class 7. Number of shares / amount of stock disposed 8. Percentage of issued class 9. Class of security Ordinary 10 p 10. Date of transaction 11. Date company informed 29 September 2006 12. Total holding following this notification 9,587,394 13. Total percentage holding of issued class following this notification 4.10% 14. Any additional information 15. Name of contact and telephone number for queries Melanie Torode - +44 1481 735542 16. Name and signature of authorised company official responsible for making this notification Melanie Torode - +44 1481 735542 Date of notification 29 September 2006 The FSA does not give any express or implied warranty as to the accuracy of this document or material and does not accept any liability for error or omission. The FSA is not liable for any damages (including, without limitation, damages for loss of business or loss of profits) arising in contract, tort or otherwise from the use of or inability to use this document, or any material contained in it, or from any action or decision taken as a result of using this document or any such material. This information is provided by RNS The company news service from the London Stock Exchange END HOLLLMJTMMJTBRF
lex1000
29/9/2006
12:41
Medical Prop Holding(s) in Company RNS Number:7179J Medical Property Investment Fd Ltd 29 September 2006 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Name of company The Medical Property Investment Fund Limited 2. Name of shareholder having a major interest Artemis Investment Management Limited 3. Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 And certain of its investment clients 4. Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them Artemis Income 5. Number of shares / amount of stock acquired 6. Percentage of issued class 7. Number of shares / amount of stock disposed 8. Percentage of issued class 9. Class of security Ordinary 10 p 10. Date of transaction 11. Date company informed 29 September 2006 12. Total holding following this notification 9,587,394 13. Total percentage holding of issued class following this notification 4.10% 14. Any additional information 15. Name of contact and telephone number for queries Melanie Torode - +44 1481 735542 16. Name and signature of authorised company official responsible for making this notification Melanie Torode - +44 1481 735542 Date of notification 29 September 2006 The FSA does not give any express or implied warranty as to the accuracy of this document or material and does not accept any liability for error or omission. The FSA is not liable for any damages (including, without limitation, damages for loss of business or loss of profits) arising in contract, tort or otherwise from the use of or inability to use this document, or any material contained in it, or from any action or decision taken as a result of using this document or any such material. This information is provided by RNS The company news service from the London Stock Exchange END HOLLLMJTMMJTBRF
lex1000
29/9/2006
11:45
Here we go.AT buys.Share price firming.
lex1000
29/9/2006
10:52
mctmct,agree takes a bit of hard work to get your head round. The £13m performance fee was for hitting targets.Following a death MPF decided to aquire "investment team" bring in house and tidied up financial agreements between the two. Performance fee therefore one off final payment.Can't say over the moon about performance fee, however , provisions made for payment of dividend.Placing and open offer means cash available for planned continuous growth and expansion same sector & similar to Primary Health PHP.MPF was trading above 200p dropping down towards 170p placing open offer price subsequently dipping further to consolidate 155p.Decided against taking up 170p offer selling total holdings higher to recently rebuy.More experienced chartist fib took a look at MPF for me opinion time right for re-entry into MPF.Health sector property rental income GP surgeries and Pharmacies attached.....can't see much downside from here investing growth and dividend income.
lex1000
29/9/2006
10:15
Does someone here understand the financing of this company? What was the £13 million "performance fee provision"? What are they doing making big gains and losses on derivative instruments? How much capital is at risk on derivatives, and what sort of instruments are they using? I'm wary of companies whose accounts are unusual. mct
mctmct
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