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REO Real Estate

0.25
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Real Estate LSE:REO London Ordinary Share GB0030364995 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.25 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Real Estate Opportunities Share Discussion Threads

Showing 1051 to 1073 of 1250 messages
Chat Pages: 50  49  48  47  46  45  44  43  42  41  40  39  Older
DateSubjectAuthorDiscuss
24/6/2011
06:31
"Accounts for 2010 also show that Treasury earned investment fees of £2.1m from REO and project management/development fees of £13m."

Was that before or after Nama?

Waooow!!!

Nice one!!!

caveat_emptor
24/6/2011
06:12
Trading while insolvent has taken on a whole new profile with this company.
No one in Ireland can ever be accused of doing so again...without quoting this debacle as a precedent!!!

caveat_emptor
23/6/2011
20:38
C_E,

Still the same. Ordinary shares worthless. Battersea valuation depends on the ability to get a deep-pocketed investor. Just a shame that the prospective Middle East investors are no longer around. Just hope the 8-10 interested parties, get whittled down to three serious players.

tiltonboy
23/6/2011
20:00
Well that can't be a corporation...they refer to an individual.

Tiltonboy.....

What's your present summary of the position?

caveat_emptor
23/6/2011
12:22
NAMA is poised to appoint a receiver to a major developer who has significant assets in Dublin and London.
lbo
23/6/2011
12:20
looks bad IMHO



Real Estate Opportunities this morning revealed the gap between its enormous debt pile and its assets had increased by a further £78m.

The Irish property company revealed in its annual results for the year ending 28 February that its debts were £800m more than its assets, compared with £722m the year before.

Shareholders have seen the net deficit per share increase from 178p at the end of the February 2010 to 215p a year later.

lbo
23/6/2011
07:28
Sounds encouraging on Battersea:

"The Group continues to engage with prospective investors identified during the global investment roadshow with the aim of introducing a long term equity partner(s) into the newly formed Battersea Power Station vehicle. After generating a significant degree of interest from prospective investors, the process of identifying the development partner(s) for Battersea Power Station and agreeing terms is approaching finalisation of a shortlist of potential investors. Successful completion of this process and the subsequent capital injection will allow the Group to repay and/or refinance the OLNs and the existing Battersea Power Station loan facilities and facilitate the procurement"

It would be interesting to understand the process under which a partner is chosen. Let's hope a couple of them are desperate for the development and willing to pay over the odds.

Wishful thinking!!!

tiltonboy
22/6/2011
16:15
No tick up at all. As previously explained the price shown is the price of the last SETS trade. The price has been 1.5-1.8p all day.
tiltonboy
22/6/2011
15:09
Nice tick up late afternoon at REO
flyingswan
26/5/2011
17:54
I think Aviva look cheap, and have the added attraction of a 6% yield. There should be some mileage in the Co-Op 9.25% bonds, but it's 100,000 minimum. If Principality call or exchange their bond, it could produce an attractive uplift in capital. Nothing that really excites me at the moment, unless you want something very speculative like CRA.
tiltonboy
26/5/2011
16:14
I do not make short term investments generally.
tiltonboy
26/5/2011
15:23
Where would you put ten grand short term?
caveat_emptor
26/5/2011
07:35
Charlie,

The Ords are indeed the only one's now available to trade following the equitisation of the CULS and ZDP's into Battersea Power Station.

At 2p, the Ords are "option" money. Following the de-merger of Battersea, REO remain deeply indebted, and hugely NAV negative. They retain a 54% stake in Battersea, and it will need a pretty huge equity valuation on the scheme to be able to get back to NAV neutral. The Irish portfolio remains a very long way under water, and I cannot see a recovery of the magnitude needed for that portfolio to make up the shortfall on net assets.

The shares might have a little "bounce" should a jv partner be found on attractive terms for Battersea, but I am not convinced that there is any value in the Ords, other than being option money.

The "loonies" that were here a few months ago predicting big numbers seem to have disappearred, and the cold light of day has seen the stock down to an all time low.

You pays your money and takes your chance.

tiltonboy
26/5/2011
05:28
Hi Tiltonboy.....
A quick scan over the recent posts suggests to me that
the ordinary shares are now the ones to trade, all the others
like the CULS having "expired"....am I correct?

Can you give me a 3 line summary of why buy now...or why not?

Charlie11908

caveat_emptor
20/5/2011
13:05
broadwood,

Still relatively early days in terms of finding a jv partner. If stories of the Qatari's are true, then we could have a happy conclusion.

tiltonboy
20/5/2011
12:22
gcom2 - I've had those Battersea shares and warrants allocated to me too.

Its all very confusing. The overall picture is looking a bit dodgy with no strategic partner coming forward.

broadwood
16/5/2011
08:08
No change in the price, just that the last mark on Friday was at 2.05p, and the AT trade this morning was at 2.1p.
tiltonboy
16/5/2011
07:34
nice to see a tick up this morning.
flyingswan
12/5/2011
08:07
mpletion of Restructuring
TIDMREO

RNS Number : 4611G

Real Estate Opportunities PLC

12 May 2011

12 May 2011

Real Estate Opportunities plc (the "Company")

Completion of Restructuring

Further to its previous announcements on 6 and 10 May, the Company hereby confirms that admission of 111,336,153 ordinary shares of no par value in connection with the Restructuring has taken place and that the Restructuring has become effective.

The listings of both the Company's 7.5% Convertible Unsecured Loan Stock ("CULS") and Zero Dividend Preference Shares ("ZDPs") on the Official List (standard category) have also been cancelled.

Full details of the Restructuring are contained in Circulars posted to Ordinary Shareholders and CULS and ZDP holders prior to the extraordinary general meetings held on 5 May, and are available on the Company's website at www.realestateopportunities.co.uk.

Ray Horney, Chairman, commented:

"We are very pleased to announce that the Restructuring process, which commenced in May 2010, has now been successfully implemented. The conclusion of this process is yet another step towards realising our plans for the development of Battersea Power Station."

For further information, please contact:

Real Estate Opportunities plc

Ray Horney, Chairman

Tel: +44 (0) 1273 775 225

Matrix Corporate Capital

Paul Fincham/Jonathan Becher

Tel: +44 (0) 20 3206 7000

Goodbody Stockbrokers

moreforus
09/5/2011
07:35
In Ireland, Greece, Spain, and Portugal, investment activity is still falling; however, as prices move up in other parts of Europe, some risk appetite is returning and investors may selectively look in these countries in search of better deals. Demand from occupiers continues to improve in the region, however, rental expectations remain relatively cautious in most markets, partly due to all available space that still needs to be absorbed. Russian respondents remain the most optimistic, and in France, a shift in business confidence is having a positive impact in terms of occupier demand and rental expectations.
flyingswan
06/5/2011
15:05
It does make sense; they should be the same price.
tiltonboy
06/5/2011
15:00
The zeros and CULS are now the same price 7.0/9.0

It makes no sense at all!!

ianbrewster
05/5/2011
09:19
Pity REO has no French property!



Around the Block hears that Nama is planning to place receivers into at least two more development companies by the end of next week

lbo
Chat Pages: 50  49  48  47  46  45  44  43  42  41  40  39  Older

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