||ORD EUR0.01 (DI)
||EPS - Basic
||Market Cap (m)
|Real Estate Investment & Services
Secure Prop Share Discussion Threads
Showing 276 to 298 of 300 messages
|What happened to the RCPSs by the 13th Oct.|
|SPDI need to rake up 6m Euros by 13th October.
Could always sell something.
Don't think Ukraine is very popular with buyers at the moment.|
|Change of adviser.Suprised anyone wanted the job.|
|How are spdi going to redeem those funny notes in 3 months.No idea.|
|Only took 25 days for a correction.Why bother.|
|At least SPDI got it right in the Annual Report highlights.
It is 0.35 Sterling NAV.|
|I am trying to calc this 0.35EUR NAV per share.
Note 11.26 NAV weighted 0.47EUR weighted diluted 0.41EUR.
Is the 0.35 in STG weighted undiluted using an average exchange rate.|
|That is a lot of warrants. I will have to get my calc out. Have I read it right - exercise price at the nominal.|
|Not sure, dont know. Wait & see. Or not.|
|Only 2 weeks left for the Auditor to sign off.
Gross asset per share has fallen 25%.
I look forward to seeing the net per share.
Fully diluted of course.|
|Dream on.Suprised it did not tank with Nestle moving on.|
|methinks can fix disconnect between net asset value and share price by announcing a special dividend.
return half of the $16M, that will fix it|
|Proactive Investors ---
|its unclear but in 2007
--->In addition, it has been decided to increase the Company's interest in Terminal Brovary to 90% through the acquisition of a further 30% stake from the original vendors for US$1.25 million, in accordance with the sales and purchase agreement entered into in September 2006. The remaining 10% held by the original vendors will be acquired following the signing of a lease agreement for the logistics centre.--->|
|It would have been helpful if SPDI stated the return in $ on this sale.
I lose track with the re-valuations, currency translations.
Now what was its valuation in 2007.
Now what was its last valuation in the accounts.|
|"We are focused on positioning ourselves as the go to investment vehicle for investors looking to gain exposure to the region's highly attractive commercial property markets. At the same time, we aim to close the disconnect that has opened up between the net asset value of our Company and our share price."|
|A very illiquid share like this can have a totally wrong share price.|
|There was an open offer in 2015 that raised 8 million euros at 25p|
The NAV is 59 million euros
The m/cap is £12.5 million, 16 million euros.
LTV is only 53%|
|SPDI CEO Lambros Anagnostopoulos commented, "This transaction is in line with our strategy to optimise the value of our prime real estate properties across South Eastern Europe, either through the timely commercialization (including potential disposal) of assets, when opportunities to generate value for our shareholders are presented to us, or through maximising the cash generation through active rent roll management. Our aim is not only to expose our shareholders to the European yield compression play and the significant capital appreciation on offer, but also to generate substantial cash from managing our portfolio of income producing assets. On completion of the sale we expect to receive a material cash injection into the Company, which will assist us in this growth plan.
"We are focused on positioning ourselves as the go to investment vehicle for investors looking to gain exposure to the region's highly attractive commercial property markets. At the same time, we aim to close the disconnect that has opened up between the net asset value of our Company and our share price."|
|A $16M sale of ukranian warehouse announced.
SPDI is only capped at £12.5M!
9 June 2016
Secure Property Development & Investment PLC ('SPDI' or 'the Company')
Sale of Ukrainian Warehouse
Secure Property Development and Investment PLC (AIM: SPDI), the South Eastern European focused property and investment company, is pleased to announce that it has signed heads of terms with Temania Enterprises Ltd for the sale of its Kiev based warehouse, Terminal Brovary, at a Gross Asset Value exceeding US$16 million (before deducting the outstanding EBRD attached loan).|
|I think this may pop to over 20p with the results announcement. Why?
Most of the properties in politically stable Romania
Results due before the end of june so not long to wait
NAV is more than 3 times the share price.
LTV is only 53%
There is no controlling shareholder.|