Teesland Share Discussion Threads

[njl53] 19/1/2006 11:38

Share price starting to recover after markdown. I am reminded of WS Atkins which rejected an offer round 110p I think a couple of years ago and is now six times that figure. Teesland has a very profitable formula somewhat similar to that of Macquarie the co trying to buy LSE.

[chester] 19/1/2006 11:11

ouch......

[diogenesj] 19/1/2006 09:46

No. Teesland Advantage Property Income Trust is buying the Topps property portfolio, said to be worth £79m, from Teesland. They are paying £1 for it, repaying its loan from Teesland (£5.4m), and taking on other debt of £76.75m. So it looks to me as though the trust is effectively paying £82.15m for property worth £79m, which seems to be better news for Teesland shareholders than for the unitholders.

[nurdin] 19/1/2006 07:34

Am I reading the RNS right? They are paying £5.4m for a portfolio of properties worth what £69m?Cant be right surely

[chester] 11/1/2006 09:49

continuing.....

[sem3] 09/1/2006 08:49

nice steady rise again ,interest picking up

[diogenesj] 07/1/2006 11:51

Probably just a warm Scot, Nurdin.

[nurdin] 07/1/2006 11:49

cheers maxk.The trades over the last few sessions certainly seem to indicate that things are hotting up.Also noticed a 100k buy yesterday at 104p.. 2p above offer.

[maxk] 07/1/2006 10:18

Markets



The Times January 07, 2006

Rumour of the day



Teesland, the property fund manager, ticked up 8p to 100p on rekindled whispers that long-running bid talks, first disclosed in September, are nearing fruition. Although Royal Bank of Scotland has been cited as a front-runner, yesterday's gossip put forward Standard Life Investments, which has £9 billion invested in property through 11 funds, as the likely buyer. The mooted take-out price is 130p.

[wwweternalfitnesscom] 06/1/2006 16:57

I think a subsidery of RBS may merge to make a separate entity. RBS has inherited a subidery arm from Hallifax, it makes strategic sense to merge that Hallifax property investment business with TLD. That would add more liquidy to the new merged entity and speculative stock price of TLD could exceed £1.40 per share.

[charlie100] 06/1/2006 15:59

Heard that a number of warm scottish investors have bought in.......

[nurdin] 06/1/2006 14:38

yup...rumours of 125p bid by RBS beginning to look believeable :o)

[diogenesj] 06/1/2006 14:07

Does look as if something might be about to happen at last...

[chester] 06/1/2006 13:47

Bought a few today. Looks interesting.....

[wwweternalfitnesscom] 04/1/2006 16:42

I'm watching closely to the normal trading volumes and am looking for clues of possible takeover activites. Market maker stocks are hard to trade.

[njl53] 04/1/2006 15:20

Over one million shares traded today as at 15 20.

[wwweternalfitnesscom] 15/12/2005 12:43

i don't think Royal Bank of Scotland will make an offer, there is a better strategic fit elsewhere.

[diogenesj] 08/12/2005 22:35

Bring it on. This is getting boring. :-)

[charlie100] 07/12/2005 07:51

Guardian Today

Teesland, the property and fund management group, improved 0.5p to 95p amid talk of an imminent 120p-a-share offer from Royal Bank of Scotland.

[sandbank] 05/12/2005 22:38

Solid volume buying in the late afternoon pushing TLD up on what's been a down day for the markets as a whole.

[nurdin] 26/11/2005 16:51

Glad I held onto mine.I think the talks were at a brink of collapsing not long ago but seem to have been revived as other interested parties started to circle the morsel :o)

[diogenesj] 26/11/2005 13:18

Ah, you've done it already. Well done, much better. Perhaps you should post a link on the other thread?

[diogenesj] 26/11/2005 13:16

Please do, sandbank, and let's hope the offer comes soon and we don't need it for long.