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QED Quadrise Plc

1.20
-0.29 (-19.46%)
Last Updated: 10:15:44
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Quadrise Plc LSE:QED London Ordinary Share GB00B11DDB67 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.29 -19.46% 1.20 1.19 1.21 1.37 1.15 1.37 26,187,605 10:15:44
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 0 -3.09M -0.0021 -5.71 17.94M
Quadrise Plc is listed in the Crude Petroleum & Natural Gs sector of the London Stock Exchange with ticker QED. The last closing price for Quadrise was 1.49p. Over the last year, Quadrise shares have traded in a share price range of 0.66p to 3.30p.

Quadrise currently has 1,494,904,968 shares in issue. The market capitalisation of Quadrise is £17.94 million. Quadrise has a price to earnings ratio (PE ratio) of -5.71.

Quadrise Share Discussion Threads

Showing 7126 to 7150 of 11175 messages
Chat Pages: Latest  291  290  289  288  287  286  285  284  283  282  281  280  Older
DateSubjectAuthorDiscuss
25/4/2015
17:19
jam tomorrow company. what will the new FD bring? a dividend would be good. ps: I bought at 50p and 85p but fast running out of patience.
r ball
22/4/2015
15:36
trytotakeiteasy,

Link to old document, but useful map on P16 shows you were the QED land is (no 5). In the books at around £10-11m. I think the planning relates to number 8 on the map.

hxxp://www.lcacc.org/archive/dlryr3monreport.pdf

scburbs
22/4/2015
13:04
scburbs - I didn't even know they had anything there.. something like 70-80% of the asset value is at Wembley Park....
trytotakeiteasy
22/4/2015
12:50
Good news for Quintain's Silvertown site which will benefit from this development.

"Plans for a £3.5bn development of an area of east London have been given the go-ahead."

scburbs
21/4/2015
12:41
Positive.

See QED web-site for full release today of which this is an extract:



Quintain appoints Matthew Slade as Managing Director of Wembley Park

Quintain has appointed Matthew Slade to the new role of Managing Director of Wembley Park. Matthew joins Quintain from Westfield Corporation, one of the world’s leading shopping centre companies, where he opened Westfield Stratford City and was General Manager during the London Olympics. His focus at Quintain will be to complete the transformation of Wembley Park into a world class retail and leisure destination,underpinning the substantial new residential neighbourhood that is beginning to take shape.



ALL IMO.DYOR.
QP

quepassa
20/4/2015
09:22
Tightening PRS yields will be helping the value of the Wembley PRS portfolio. A move of 125bps is a huge move for a single quarter (Q1 2015).

"In London, zones 3-6 improved the most over the quarter, with yields tightening by 125bps on prime stock and between 150 and 200bps on secondary stock."

Source: EGi

scburbs
14/4/2015
09:44
Rare to see such a strong and unified alignment of Broker forecasts.

Barclays OVERWEIGHT Target Price 138p
JPM Caz OVERWEIGHT Target Price 130p
Sanlam BUY Target Price 115p



ALL IMO. DYOR.
QP

quepassa
09/4/2015
15:00
Barclays today REITITERATE their OVERWEIGHT recommendation on Quintain with a Target Price 0f 138p (unchanged).

Barclays see a massive 42% UPSIDE to the current share price.

ALL IMO> DYOR.
QP

quepassa
07/4/2015
18:41
very interesting Que Passa.Thank you.I wonder,however,how much of that additional revenue will go to the relevant employees bonuses rather filter through to shareholders.
maiken
07/4/2015
15:21
Perusing the Schroders Welput annual report and accounts for y/e 30/9/2014, it appears that the Property Adviser ( Grafton Advisers, 100% owned by Quintain ) may or may not have received the following fees:-

1. Advisory Fees net £1,538,663 (£1,174,453)


2. Performance Fees

And more importantly - and if my understanding is correct- Grafton also gets 50% of any performance fee due.

Seems that "A payment of £8,745,869 (30 September 2013: £2,852,992) was made during the year in respect of performance fees."

This means perhaps that Grafton/Quintain would have received 50% of the additional performance fee being some £4.35million.


If my figures are correct, Grafton/Quintain received for 2013 about £2.6million from Welput.

But for 2014 significantly more at about £5.9million.


ALL IMO> DYOR.
QP

quepassa
18/3/2015
19:25
I don't expect much action until the new FD joins in May.
r ball
18/3/2015
16:20
The weakness in share price is perhaps primarily due -in my opinion only- to the ongoing gaping lack of dividend which has likely been a major catalyst for large institutional holders selling stakes down in Quintain.

For example, two years ago in March 2013, Standard Life owned 10% or c.52million shares.-They had reduced this to around 7% as at 28/10/14.

An even greater influence on the share price weakness over the last twelve months has perhaps been Caledonian Investments who have been selling a lot.

Two years ago in March 2013 Caledonian were the largest investor with a 10.6% stake or 55million shares.-By January this year Caledonian were down to a stake of 6% and on 9/3/15, the stake had further been reduced to less than 5%. That's more than 25million shares sold by Calie.

That is one hell of a lot of shares for the market to swallow.

Why have they been selling? Who knows. But my guess is that they have pretty much given up the will to live of ever receiving any dividend from Quintain within a respectable time-frame.

That their two largest shareholders have reduced stakes in Quintain, reflects poorly in my opinion on the management of the Company and their ongoing inability to produce a shareholder dividend. Quintain stand out like a sore thumb in my opinion against the vast majority of their peer-group who have been paying attractive dividends.

However, the divested shares have clearly been taken up by the market and hopefully this will give other investors more of a say in the Company, hopefully make the shareholding base less dead-locked and even, perhaps, open it up to a bid given the big discount-to-NAV.

The share price now looks totally undervalued in my opinion compared to its NAV of around 118p at a price of around 94p. At a highly attractive discount to NAV of more than 20% in today's burgeoning London market, the share price is more a result of institutional selling in my view than a reflection on the bricks-and-mortar value,improving income stream, low gearing and good prospects for Quintain - albeit that there is still no dividend.

ALL IMO. DYOR.
QP

quepassa
11/3/2015
16:51
"Premier Inn has completed a deal with Quintain to take a lease on a 312 bedroom hotel within the emerging Wembley Park scheme in North West London.

The deal – which is for a 25-year lease, subject to planning, represents another significant expansion of Premier Inn’s portfolio within London as well as an important landmark for the Wembley Park scheme. Premier Inn will invest approximately £30m (capitalised lease and fit-out value)."

hxxp://www.costar.co.uk/en/assets/news/2015/March/Premier-Inn-takes-Wembley-lease/

scburbs
10/3/2015
11:35
Wembley Park continuing to attract new investment.

hxxp://www.theconstructionindex.co.uk/news/view/deqveloper-moves-on-75m-wembley-park-scheme

scburbs
09/3/2015
13:39
pedigree chum is corect
jl9
09/3/2015
12:25
Today.

JPMorgan issue broker Update and REITERATE their OVERWEIGHT recommendation on Quintain with unchanged PRICE TARGET of 130p

indicating a 32% upside to current share price


ALL IMO> DYOR.
QP

quepassa
04/3/2015
17:17
And no dividend to support SP
owenski
04/3/2015
13:55
This share is a dog. Whilst other housebuilders like Bellway and Barrett are racing ahead this remains stuck in the mire below 100p. Quintain is now mainly a flat builder at Wembley but doesn't seem to be making enough money at it. With London prices going through the roof I can't see what the problem is, I can only assume it is poor execution of projects.
kibes
24/2/2015
08:11
Very strong y/e 2014 figures released this morning from mainstream house builder Persimmon.

Highly buoyant 2015 outlook. Positive view on mortgage availability. Supportive market for new homes market.

ALL IMO> DYOR.
QP

quepassa
23/2/2015
08:56
The business is principally about Wembley. I thought the update was ok. Continued strong demand for flats. Planning permission at Alto. Good trading at the Wembley investment properties.

All in all it appears to set the business up to produce solid full year results in May. As a small cap the share price may go nowhere until then. At the same time the downside should be fairly limited.

I think investors will come to see Quintain differently at some point. Due to the debt reduction, increase investment income and shift to flat building.

NAV of 117p at September 2014 should show an increase to March 2014... if we assume at least 120p then the current share price of 97p provides a reasonable discount.

trytotakeiteasy
20/2/2015
14:19
Share price disapointing, haveheld these shares for over 2 years now and still very growth, shouls have sold when they were 110p. What does anyone elese holding these think ?
farmsted
13/2/2015
09:47
That statement was rather 'All about Wembley' as though nothing else exists at Quintain ! They certainly need to get the forward sales and possibly a block deal to another developer on some of the assets just in case the market slowdown hits Wembley although the price points probably mean buy to let will always be there as an option on sales.
davidosh
13/2/2015
08:03
Yes, very positive update for Wembley. Sales at Emerald Gardens even more buoyant than I had anticipated.

The recent planning approval of Alto will add further bulk and volume to the Wembley asset. That is good.

It is noted that Alto is specifically being mentioned as held as a Trading Asset. ( the last time I recall Quintain specifying that an asset was held as a Trading item, it was sold shortly thereafter).

Surprisingly, not a word about Nigel Kempner's fiefdom of Asset Management, nor the embryonic London portfolio.

The news on Wembley seems particularly encouraging. The area around Wembley is increasingly vibrant. Agree that we can hope for some not insignificant valuation uplifts at y/e figures.

ALL IMO. DYOR.
QP

quepassa
13/2/2015
07:46
Yes looks like they are going to continue with them for now. Good news on planning and that the 370 apartments will be under construction this year to finish 2017. This should ensure excellent profits coming through from these developments in both 2016 and 2017.

Also a clear indication that there should be a decent increase in the valuation of the Wembley investment assets at year end.

scburbs
13/2/2015
07:27
There's the trading update, then.
alan@bj
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