Medica Share Discussion Threads

[chancer6] 25/3/2008 12:39

0.40-0.45p, L2 is 1 v 1.

[chancer6] 25/3/2008 12:13

Well someone's picked up 97K at 0.45p and L2 is still 3 v 2.

[chancer6] 25/3/2008 10:58

Just 100K is imo very low online buy limit - 450 quids worth...looking at last year's release...finals could get announced during the day.

[canny lass] 25/3/2008 10:51

Chancer6

Able to buy online 100K at 0.0445p. They don't seem too difficult to get hold of at the moment. I'm sure i could get more if phoned my Broker.

[chancer6] 25/3/2008 10:41

Can't believe lack of buyers at this level with just value on the AIM listing as things stand. Still can't buy much at all in size though!

[chancer6] 24/3/2008 13:47

Not exactly giving them away prior to finals release. Had to break 400K in 4 chunks last week. L2 closed at 3 v 2 on Thur and etrade only had a online buy limit of 50-100K. Prior to the last rise to 0.90p the online buy limit was even more restricted to just 10,000 shares.

[canny lass] 24/3/2008 13:17

I know i must be crazy but i might dip my toes in early this week for another small top-up.

[chancer6] 23/3/2008 12:11

More recruiting: property manager announced in the management department on 11 Mar 2008:

Smith Melzack Pepper Angliss has appointed Phillip Raine as a property manager in the management department. He joins from English Heritage where he was an interim manager.

[chancer6] 22/3/2008 22:01

Anyone has any idea of the levels of profit margins the company makes??? The growth company arcticle indicated high levels of profit margins. Some very big figure deals have been completed by the company where they have acted on behalf of the purchaser. Looking at previous set accounts turnover could come anywhere between 3-5 million and even we take the lower number the company could be also be set to announce a swing into profits. If so a mkt cap of around 2 million which would be equivalent to a share price of 2p imo would be reasonable. All the discontinued activities should be over now as stated in the Interims last summer which have results in losses. SMPA has always been making a decent profit over previous years though that was quite low in the Interims due to getting rid of all the dead wood.
Judging by the amount of activity going on through the SMPA website, the forward looking statement should be positive.

[chancer6] 22/3/2008 14:59

A decent enough commission should be shown on the below deal for the Met in london last September in next weeks results imo especially with the authority saving 1 million and SMPA advising the met:

[chancer6] 22/3/2008 14:56

Good write up on people involved with the company and attractive profit margins in the sector.

[chancer6] 22/3/2008 14:49

Good profile on the CEO Mr Franks...outlines what I've mentioned about building the business up through more acquisitions for which any placing would be between 1 and 2p imo. Mr Franks was one of the parties in the vendors who accepted 1 and 2p for settlement of the paye claim very recently.

15.06.07

Each week we meet a property character from a different age bracket. Today, Mark Shepherd meets Ronnie Franks, 60, chief executive of AIM-listed Mercury Group.

[chancer6] 22/3/2008 14:45

Seem very busy at the moment and acted as a Purcasher on a Heathrow building last month...would have got a decent commisssion on the below deal especially as the buyer getting a saving to last summer's valuation imo:

CLS sells knocked down Heathrow office

09:17 | 18.02.08

Sten Mortstedt's CLS Holdings has sold a Heathrow office building for £12.8m, a 5% discount to its June valuation.

By Mike Phillips

The sale of the 102,345 sq ft Vista Centre, which also includes a restaurant, gymnasium and swimming pool, to Vista Property Investments represents an initial yield of 7.4%.

New tenants

CLS bought the building in 1995 for £10.8m when the entire building was let to Hoechst.
Click here to find out more!

In 1999 the tenant paid £8m to be released from its lease and the building was refurbished and the leisure facilities added.

Tenants now include the Metropolitan Police, Airline Business and a business centre.

MBH and Vail Williams acted on behalf of CLS and Smith Melzack Pepper Angliss acted for the purchaser.

[chancer6] 22/3/2008 14:41

More multi-million pounds properties in portfolio:

[chancer6] 21/3/2008 11:42

Turnover for the SMPA business should be up sharply now having seen the multi-million pounds properties in the companies portfolios which are being leased out/sold, under offers and sold already. Should it turn allow for a increase in profit and possible swing to profits for the year ending 30 September 2007. With just 117 million shares in issue....a conservative valuation would be around 1.50p.



IMO they will have taken a good few hundred thousand pounds cut minimum each time in the below recent transactions.



Also, looking for opportunities for a good number of clients.



Not to mention Industrial properties and now expanding into continental europe.




Alot of recent deals on office blocks and a lot of office blocks still being chased by clients.

[chancer6] 20/3/2008 19:52

Another little positivity..british bulls - after close tonight. The last time I got a BUY confirmed on MGP from them was on Christmas Eve at 0.28p before the rise to 0.90p.

BUY
CONFIRMED

0.4000
+0.0200 +5.26%

MGP
Mercury Group PLC
Daily Commentary

Our system posted a BUY CONFIRMED today. The previous SELL recommendation was made on 01.02.2008 (48) days ago, when the stock price was 0.6300. Since then MGP has fallen -36.51% .




Even with the wide spread at close....very hard to buy even 450 quids worth! Finals are out next wk and will provide a major re-rating imo hence. 1 million loan last year will get converted at 1p eventually - vendors accepted settlement this January at 1 and 2p for cash. Want to carry out more acquisitions to build business up - ord is 1p so will see monies raised later this year at that price minimum. WIN-WIN situation imo at these levels.

[chancer6] 20/3/2008 17:46

Positives for 2008:

Landmark City Building Sells for £34.650M



The landmark former Credit Lyonnais office building at 30 Cannon Street, EC4 has been sold for £34.650m by Westbrook Partners to property group Thurleigh Estates in partnership with Tyburn Lane Private Equity. The building occupies an island site between the junction of Queen Victoria and Cannon Streets.

Originally built in 1978, the 74,255 sq ft (6,898.5 m) of offices have been refurbished several times and are multi let to a range of tenants with a current rent role of £2,492,858 pa. The sale reflects an initial yield of 6.93%.

Comments Ronnie Franks) of SMPA (Smith Melzack Pepper Angliss), the purchaser's agents, "Many of the present leases expire in 2008 and are currently let at sensible rents. This, together with possible adjacent redevelopment opportunities augurs well with the anticipated upturn in the City occupational market in mind".

Hargreaves Goswell Down acted for the vendors, Westbrook Partners.

[chancer6] 20/3/2008 17:40

The finals next week will be for the period ending 30 September 2007. The latest Autumn 2007 Newsletter on the company's website makes for good reading....pretty sure they've added expanded into continental europe recently as not seen that before. Plus been very active recruiting!

[chancer6] 20/3/2008 15:35

Finals definitely out next week and v.hard to buy in size online.

[ains4] 20/3/2008 15:24

Chancer - Someone listens to your dribble.

[chancer6] 20/3/2008 14:05

0.35-0.45p, L2 is 3 v 2...a few buys today.

[ains4] 20/3/2008 13:21

Chancer - seems strange that you are the only person on the planet to have this information.