Mountview Estates Share Discussion Threads

[mw8156] 28/9/2006 17:01

FT says Grainger is the only company with tenanted property - what about Daejan and Mountview ?

[mw8156] 28/9/2006 15:05

Rising on the Grainger Trust news.

[hybrasil] 09/11/2005 11:31

bought a few today for the long term paid £46.7725s

[elsworth] 19/10/2005 12:08

When will it hit £19????????

[ydderf] 03/11/2004 13:22

luvverrrllllyyyyyyy another ACE for the MASTER I think!

[ydderf] 23/10/2004 18:06

search me Stew

[stewjames] 20/10/2004 11:07

Why now? Seems an odd time of year for the increase. Probably at least a month away from the interims.

[ydderf] 20/10/2004 11:05

Looks like a quid a day now.........

[ydderf] 12/10/2004 16:09

a bit more today.....but this is not a plant to pull up every couple of weeks to check if its growing, instead lock it away and forget it for 7 years...

[aderemi] 08/10/2004 13:02

Anyone at home? nice and steady increase!

[ydderf] 23/7/2004 12:18

but they are much better value than Grainger imvho - the figures are phenomenal - and not a word from the media or pundits.....shhhh.....just how we erious MASTERFUL investors like it! lololol

[mw8156] 19/7/2004 19:12

A bit more detail in the report this year but I think they could take a leaf out of Graingers report

[ydderf] 11/5/2004 10:15

........and cheaper.....results due soon!

[ydderf] 07/5/2004 12:41

......and getting cheaper, house prices have risen about 5% this year, more in some areas........

[ydderf] 23/4/2004 13:05

relative to the market this is beginning to look very cheap - also when the p/e is low single figures it is worth recalculating the underlying monthly uplift, e.g. a p/e of 4 means the b/s increases in value by 2% pcm......

[stewjames] 28/1/2004 22:34

Agreed, mw8156. But I think even if you're ungenerous in your assumptions they still look cheap. I don't agree with Fred's methodology and the NAV discount it comes up with, but I'm happy enough with my purchase.

[mw8156] 28/1/2004 17:34

Stew
Since they dont break down property sales income by date of purchase it seems very difficult to make anything of the figures at all.

[skyracer] 20/1/2004 11:25

Hi Freddy. Re my post 13 Nov, just revisited the BB today. Not been sulking. I just had a quick look on the day of the announcement, and they did not quite pass my tests. Sound company though. Instead I just stuffed more cash into BBC. You are right in saying the MV looks much more than the NAV. However their good earnings derive from the difference between historical cost and current cost. Revalue the whole stock and you would get a big discount to NAV but you would also substantially reduce earnings. There is also StewJames question about the depth of the difference. However the gross profit margin is certainly very impressive. Mmm, I might just get a set of accounts...

[stewjames] 18/1/2004 18:10

mw8156, not so...they do have a bit of useful info about the rental/property disposal income split.

They are very well paid but not (quite) excessively.

[mw8156] 18/1/2004 12:48

Unfortunately the report and accounts wont help since there is but little info there apart from the size of the Directors' holdings and their sizeable pay packets! Nevertheless it seems cheaply rated.

[stewjames] 14/1/2004 10:10

Bought in this AM. Haven't done my analysis yet (still waiting for accounts) but fed up with the price moving against me. There's enough detail in the RNS alone to show it's undervalued, though not sure if I agree with Fred about by how much!

[ydderf] 14/1/2004 08:19

commercial though - looks like you are beginning to wake up to mtvw +£2 today!