O Twelve Estates Share Discussion Threads

[cyril4] 16/6/2010 16:54

going down again,can anyone see these hitting 20p

[love it] 16/6/2010 10:02

Next leg up seems they want stock.

[truckertee] 15/6/2010 16:35

Yes, me too. No need for more threads, when it can all be said on one.
Anyway nice little rise today.

[love it] 15/6/2010 14:50

You can sell 200k on line 11.88p buy nout.

[esanlfc] 15/6/2010 13:14

do like this share :-)

you can currently sell 200k at 11.63p but only buy 2.5k at 11.75p so maybe some buys going on in the background

[love it] 15/6/2010 10:34

some one just paid 12p for 20k on plus. 1k max buy on line you can sell 200k what gives?

[quepassa] 15/6/2010 09:59

Agreed. I will continue posting on this thread.

Excellent bounce this morning.

QP

[ntv] 15/6/2010 09:40

a few more deals coming through now
lets see what happens ahead of the results
a big reduction in loans at the end of year should have helped the balance sheet

[colonel a] 15/6/2010 09:34

Not sure we need a new thread.
Although this is now a recovery {hopefully} play a lot of the earlier data remains pertinent..

I have been buying ahead of the results.
"Good" for me would be the OTE portfolio performing better than the IPD although even hitting the hinted at 7% would do.

[ntv] 15/6/2010 09:24

sadly only 20k

[ntv] 15/6/2010 09:22

colonel a
please see new thread
we have been buying ahead of good results
difficult to buy any quantity at the mo
but managed a few more today

[colonel a] 15/6/2010 09:12

Looks like the see-saw has tipped a bit.
Not aware of any news or tips ?

[ntv] 15/6/2010 08:53

A CHEAP PROPERTY PLAY WITH SOME INTERESTING SHAREHOLDERS
MAKES THIS LOOK CHEAP AT 11p
my guess is that nett assets are around 19p

[colonel a] 10/6/2010 16:22

daniel,

I hold some OTE and will probably buy more so I took a comparative look at Minerva.
I didn't think they were particularly fulsome in their information provision either ??

Minerva is fully listed and an order of magnitude bigger than OTE.
They are both very {too} highly geared and have had to renegotiate their borrowings at significant cost.

The property valuation data for Minerva is from end 09 and the shares are trading at roughly the raw NAV from that time.
If we assumed a 5% hike in OTE property values between end Sept and end Dec {plausible and quite modest considering available data} and taking into account the March disposal I guestimate the equivalent {ignoring interest rate swaps} NAV figure to be 20p.

I can't see OTE trading at close to 20p before the results but was surprised to see it drop back so far from the recent high.

Best of luck all.

[paragon157] 09/6/2010 09:46

Colonel A .. Thanks for info

[daniel] 09/6/2010 09:01

Given the excellent progress made in this company over the last year, the appropriate share price for OTE relative to MNR is 50p. The management have not been communicating with the market effectively in order to reflect the true financial state of the company. An update is due

[paragon157] 07/6/2010 10:11

When are Results due roughly .. Mid/End of July ?

[colonel a] 26/5/2010 13:43

Have picked up a few {again}.
Results not due for a while and property shares in general have been fading for a while.
I think this one is down to how much impact the Olympic factor will have.
Another disposal at a decent percentage above NAV would do wonders for the share price

[cyril4] 26/5/2010 13:38

whats going on,wheres all the good news gone

[daniel] 18/5/2010 18:34

....Plus!.. Restructured finances, no debt, no dilution and good Management.

[mreasygoing] 17/5/2010 14:08

I've picked up a few of these while its quiet. Nice uptrend forming, I feel we should move towards 20p on the next leg up. Nicely placed property portfolio to benefit from the Olympics.

[cyril4] 11/5/2010 09:30

is this one going anywhere

[quepassa] 05/5/2010 11:03

In addition to LSE traded volumes, a couple of buys have gone through on PLUS so far today for OTE.

ALL IMO. DYOR.

QP