Share Name Share Symbol Market Type Share ISIN Share Description
Palace Capital LSE:PCA London Ordinary Share GB00BF5SGF06 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% 350.00p 345.00p 355.00p 350.00p 350.00p 350.00p 4,883.00 07:51:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Nonlife Insurance 14.6 11.8 43.9 8.0 88.03

Palace Capital Share Discussion Threads

Showing 251 to 275 of 275 messages
Chat Pages: 11  10  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
22/3/2017
11:23
spob - agreed, seems superfluous; though wouldn't want to criticise any PLC for excessive transparency!
skyship
22/3/2017
09:13
not sure why an rns for this this was known 2 months ago it is just an application not an approval Http://www.yorkpress.co.uk/news/15038550.Offices_in_York_could_be_flattened__creating_new_access_to_station/
spob
22/3/2017
08:07
interesting planning application submitted today along wait til work will actually start i guess as it will probably be 6 months before we hear anything
ntv
22/3/2017
08:05
More good news, this looks to be very accretive, but it may take the results to shift the share price
mad foetus
15/3/2017
08:24
the research is the easy stuff that we know already it is a pointless waste of money buying shares in at a large discount is not though it does make the market cap smaller that a lot of directors don't like to do as it kills off bragging rights at lunchtime. but only if they are cancelled. the other advantage is it saves dividends that in a company like this dividends exceed the borrowing costs of buying in the shares. that is leverage for you but we all know that.
ntv
14/3/2017
15:26
Doesn't matter how many times Tommo tips it, or how much paid-for research - needs the overhang/seller to clear first. A few more buybacks would help.
spectoacc
14/3/2017
13:35
New Edison research note... Another NAV-accretive disposal - HTTP://www.edisoninvestmentresearch.com/research/report/palace-capital1/preview/ Valuation: Significant unrecognised value Palace’s shares trade at c 16% below last reported EPRA NAV per share of 419p, and the company has made disposals in the last month at c 9p per share above the book value of the assets in total. With some earnings being retained and allowing for the share buyback announced on 13 March, we forecast EPRA NAV of 430p per share at 31 March 2017, the financial year-end, implying that the shares trade at a discount of 19%. This is well above the average of regional property investment peers, which trade at close to or above EPRA NAV. As illustrated on page 2, there appears to be scope for this gap to close, supported by the earnings yield. Possible catalysts include the full-year results and reinvestment of capital.
speedsgh
13/3/2017
08:58
Thanks @NTV. @llev - agreed. UAI & BKG (& PSN) similar.
spectoacc
13/3/2017
08:54
Only adds 1.5p to the NAV; but importantly removes a potential tap...
skyship
13/3/2017
08:38
Schroders Plc 3,625,592 14.06 Polar Capital European Forager Fund Ltd 3,261,137 12.71 Henderson Global Investors 2,555,000 9.91 Quantum Partners LP 2,553,355 9.90 Stanley Harold Davis 1,565,287 6.07 Unicorn Asset Management Limited 1,299,240 5.04 Hargreave Hale Ltd 1,293,870 5.02 AXA Investment Managers SA 1,242,006 4.82
ntv
13/3/2017
08:37
very well padded those directors chairs - "it is the intention of the Company to utilise the 500k shares held in treasury in order to satisfy awards of shares under the Company's long term incentive plan." so thats over 2% of the market cap handed over to senior management on top of salaries, pension schemes, and possibly annual bonuses too. they are running a property company in a 0% interest rate world - how hard can it be!!
llef
13/3/2017
08:22
slater had less than that at the the last count so guessing polar
ntv
13/3/2017
08:21
We don't know who they bought back from - Slater?
spectoacc
13/3/2017
08:11
more to come?
ntv
13/3/2017
08:04
that is good news 20% discount to nett assets and saving on the final dividend etc good use of cash while discount is large
ntv
13/3/2017
07:31
Excellent - those trades were buybacks - a very good move @ c20% discount: http://uk.advfn.com/stock-market/london/palace-capital-PCA/share-news/Palace-Capital-PLC-Option-exercises-and-Transactio/74073852
skyship
12/3/2017
14:34
Thx for the link skyship, I don't disagree about it being a buy at these levels, my concern is that sector sentiment is poor so I'd rather be invested elsewhere for now but keep monitoring for any change in the weather.
rhomboid
12/3/2017
13:09
rhomboid - in the propco sector the major bellwethers tend to move en bloc as their share movements are controlled by institutional investment. In the secondary/tertiary sector (those by and large depicted in the Header on the CP+ thread - see below) the share movements far more reflect individual transactions and news releases. In that Header you will see laggards turning to leaders and vice versa - the regular ebb and flow of stock-market life. IMO PCA should be bought at these levels - if no position, watch closely for a cheap offer. They've been on offer at 352p for quite a few weeks. http://uk.advfn.com/cmn/fbb/thread.php3?id=29245091
skyship
11/3/2017
13:48
One of my niggles here is that the company has been very busy selling the story to PI's and very happy to RNS every portfolio transaction yet the shares have been becalmed, It seems that Slater selling down is at least part of the reason why. I'm not currently holding but it's high up my watchlist for when the sector becomes more popular than it's current 'fart in a lift' status. I'm hoping that the rerate is gradual enough for me to climb aboard without too much drama..
rhomboid
11/3/2017
10:11
Hopefully we'll get both a BUY & SELL "Holdings" RNS on Monday/Tuesday. Strange move to sell 530k down at 340p...
skyship
11/3/2017
08:02
slater investments more or less out now or polar capital selling down a few more ?
ntv
07/3/2017
13:50
Simon Thompson has today revisited his IC online tip for PCA and uprated his target from 380p to 400p. Closing Para: "Trading on a 17 per cent discount to net asset value forecasts, the high-yielding shares look an attractive investment proposition for a company whose management team has delivered net asset value per share growth of 92 per cent over the past three years, and is garnering a shrewd reputation for buying off-market and adding value to assets through active property asset management and refurbishments."
skyship
07/3/2017
11:46
Started a PCA thread over at The Lemon Fool.....TMF's replacement: https://www.lemonfool.co.uk/viewtopic.php?f=87&t=3735&p=36892#p36892
skyship
06/3/2017
08:28
surely a bit of extra effort on the part of the board could have raised the price somewhat. surely selling on an exit ratio of 8.5% would not have been that difficult i think they have rushed the sale because the property was uncharged to raise funds for a new purchase maybe ? the only other thing is Rockwell could be thinking of moving out on first break so that might justify selling 1st break was 2020
ntv
06/3/2017
08:27
Also view NTV's comment as a valid one; however an unsolicited offer delivering a 66% increase on book value sure must have been tempting! With the prospective 425p NAV mentioned in my 227 above now looking more like 430p, I decided to make a small top-up this morning at 352p.
skyship
Chat Pages: 11  10  9  8  7  6  5  4  3  2  1
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:41 V: D:20170329 05:15:49