||EPS - Basic
||Market Cap (m)
|Real Estate Investment & Services
|Mountview Estates Daily Update: Mountview Estates is listed in the Real Estate Investment & Services sector of the London Stock Exchange with ticker MTVW. The last closing price for Mountview Estates was 10,962.50p.|
Mountview Estates has a 4 week average price of - and a 12 week average price of -.
The 1 year high share price is - while the 1 year low share price is currently -.
There are currently 3,899,014 shares in issue and the average daily traded volume is 0 shares. The market capitalisation of Mountview Estates is £427,429,409.75.
|topvest: Agreed. Yes, but I would say true net asset value is about 120p which is adding on about half of the uplift given the properties are not free to be sold for an average of 5-10 years or so. That's why I have sold - 2% yield and near asset value for a family controlled property company in a bubble London market is good enough for me, particularly when they have tripled in 4 years and the share price has gone vertical because of what I see as a poorly informed/slightly misleading Investor's Chronicle comment which has clearly caused a bit of buying in an already illiquid share.
It's a very good company though, so will probably still perform well over the medium term. There is also an outside chance of a bid as the Sinclair's may decide it's a good time to exit as well. The property valuation was the first hint of that. I think Daejan Holdings is better value than this now.|
|jonwig: MTVW is the top-rated tip in Simon Thompson's "Bargain Shares" portfolio for 2015.
This was published yesterday evening.
He says nothing we don't already know here, but he has a lot of followers - I don't see the share price falling this morning.|
|eggbaconandbubble: Grainger have much higher gearing than Mountview. I'm not sure that they would be that favourable to MTVW share holders if an offer involved paper.|
|jonwig: They won't need that many, chector, if today's share price action is any guide! Though I didn't really suspect this to be a leaky company. Maybe just some optimists.
Seriously, though, they did say 'detailed' at the AGM (I think so ...).
Lots of trades today, low hundreds of shares each, fairly tight spread.|
|jonwig: Whew ... the markets open Tuesday, yes?
EDIT: so even an historically small margin of only 60% would still suggest a share price uplift of 25% from the current £80!|
|jonwig: The share price hike on decent volume last Friday and yesterday - big moves normally only happen after results announcements.|
|ydderf: mw8156 - cheaper, daejan have nav of 34 v share price of 20, mtvw nav 65+ (imho) - they don't own commercial only residential v 36 share price.|
|phook inell: Very illiquid (only 3.9m shares). Sometime over the next 6mths - 5 years it will be possible to take profits on a 15% annual compound return. This is not one for penny parcel merchants and cfdres. One for the long term.
good cash flow. good div cover.
curren share price is £29.50|
Mountview Estates share price data is direct from the London Stock Exchange