St.modwen Properties Share Discussion Threads

[scburbs] 26/2/2013 10:26

The Italian elections deadlock mean this is not the best day to be in the market for a placing. They would have probably got this away much more easily last week.

[redartbmud] 26/2/2013 09:51

It does't take much to destroy value in the share price of a company does it?

[skinny] 26/2/2013 07:12

St. Modwen announces today its intention to place up to 20,016,057 new ordinary shares of 10 pence each in the capital of the Company (the "Placing").

St. Modwen is the UK's leading regeneration specialist. The Group operates across many sectors of the property market, via a network of seven offices and a residential business and through joint venture or collaboration arrangements with public sector and industry-leading partners. The Group's £1.1bn property portfolio and its actively managed land bank of development opportunities comprising more than 5,800 developable acres are located in the UK. The Group is focused wholly upon regeneration and the long-term development of commercial and residential property, and has a 25 year track record of adding value by managing schemes through the planning process, remediating contaminated land and pursuing an active programme of asset management and development.

[broadwood] 06/2/2013 16:19

About time they started to move on those results.

[bigday3] 05/2/2013 21:20

St. Mowden Properties (SMP) announced a pre-tax profit of 52.8 million pounds
5th Feb

[tiger20] 05/2/2013 07:59

Good report from SMP today NAV increased along with dividend

[tiger20] 07/1/2013 08:05

This should support the price over coming months

ST. MODWEN AND VINCI PLC JOINT VENTURE SIGN CONTRACT FOR THE

REGENERATION OF NEW COVENT GARDEN MARKET, NINE ELMS, LONDON

St. Modwen Properties PLC (LSE: SMP), the UK's leading regeneration specialist, and its joint venture partner VINCI PLC have signed a contract with the Covent Garden Market Authority ("CGMA") to be the development partner for the New Covent Garden Market site in Central London. The landmark multi-phased project has a gross development value of around GBP2 billion and will entail the rationalisation and master planning of the entire 57 acre site situated next to Vauxhall Cross, Nine Elms.

The regeneration of the existing 57 acre New Covent Garden Market site will see the development of 550,000 sq ft of modern facilities which will house the circa 200 businesses that make up the UK's largest fruit, vegetable and flower market. These new facilities will be funded through the release of 20 acres of surplus land which will then be developed to create a new high quality residential led mixed-use regeneration scheme, providing up to 2,800 new homes and 115,000 sq ft of commercial accommodation.

Nine Elms is one of London's key development areas for new mixed use development and the plans for New Covent Garden Market form a vital part of its regeneration, acting as the gateway to the Vauxhall, Nine Elms and Battersea Opportunity Area. Current projects being undertaken in the area include the development of the new United States Embassy and the redevelopment of Battersea Power Station.

[tiger20] 26/11/2012 15:58

Looks like a breakout -expect positive news on housing and construction on Dec 5th chancellors Autumn Speech

[redartbmud] 01/11/2012 14:44

Just looked at my H-L A/c still pending.

[exbroker] 01/11/2012 12:06

Looks as if the allocations on the retail bond offer are 100% which is good.

[skinny] 24/10/2012 13:41

TOK - I'm thinking of buying some of the retail bond.

[topvest] 19/10/2012 15:01

I think it's quite poor that holders don't get offered a chance to invest in these retail bonds, except through an intermediary. Anyone else think the same?

[tiger20] 19/10/2012 13:36

I am invested because of the land attained over the years and subsequent house building with Persimmon home and also SMP now building their own homes.

Rental intake on their business parks seems to be intact -but not suer of any cancelled clients until next update

[the other kevin] 19/10/2012 09:32

Anyone interested in the 6.25 per cent retail bond?

[smicker] 20/8/2012 22:31

Enami,
Thanks, it was that volume increase that didnt make sense up to now

[enami] 20/8/2012 13:51

smicker - added to FTSE250 index effective today (to replace Logica).

Tracker funds buying since announcement and especially Thu/Fri

[smicker] 16/8/2012 13:39

Whats going on here? I bought these because the was significant director buying some time ago and, since that, they have gone down to almost 1 pound. I havent seen anything since to justify such an increase but i'm afraid to sell now. Are there bid rumours circulating?

[skinny] 16/8/2012 12:48

Excellent volume and new 12 moth+ highs today.

[snatander] 15/8/2012 10:45

Do they have many JJB stores on their books?

[skinny] 14/8/2012 16:40

Up another 3.7% today.

[skinny] 10/8/2012 14:08

12 month high today @202.75p following the bullish engulfing candle on the 8th.