Treveria Share Discussion Threads

[njw2] 30/11/2015 15:21

Glenwick plc

[oilbuy] 30/11/2015 13:55

Agreed toolsmoker.Looks like its the start of the rerate !

[toolsmoker] 30/11/2015 13:40

Trust me this will be big think me trade many multiples very soon

[red army] 30/11/2015 13:18

Don't know about BIG but something I hope.

[toolsmoker] 30/11/2015 13:15

Big news coming hold onto your hats

[oilbuy] 27/11/2015 21:12

Whats the market cap of newco ?

[praipus] 27/11/2015 11:26

Nothing from Selftrade which broker do you use?

[red army] 27/11/2015 07:35

Yep all done and dusted - what about this newco?? Is it worth investing???

[praipus] 26/11/2015 14:19

Anyone had their distribution yet?

RNS Number : 8483D

Treveria PLC

29 October 2015

TREVERIA PLC

(the "Company")

Declaration of Distribution

The Board of Treveria PLC (LSE:TRV) announces that the Company has today declared a distribution of 3.512 Eurocents per Ordinary Share. The distribution will be financed from the distributable reserve created by the cancellation in 2007 of the share premium account which had arisen on the placing of shares on AIM at the Company's launch, and from the return of the capital which has become distributable as a result of the re-registration of the Company under the Isle of Man Companies Act 2006.

The distribution will be paid on 20 November 2015 to Ordinary Shareholders on the register on 6 November 2015. The shares will be marked "ex" on 5 November 2015.

[bookemlockem] 05/11/2015 13:09

is this now just a cash shell ?

[eimuista] 04/9/2015 22:57

Well, a nice return for an about 4 month holding period (bought at 0.025)
I had actually calculated that the share would sell for 0.035 right about now with a 0.02 dividend announced and some residual value.

Common shareholders obviously getting the short end of the stick here: Keep in mind that there were receivables/cash in the subsidiaries. So, essentially, Malpica's firm got it for 50% of value deducting cash, if I read the company's accounts correctly.

It was obvious that the end was near with the chairman resignation and comments about leaving AIM in last financial report. Could have bought at 0.02 or lower, I thought about it but didn't.

[apfindley] 03/9/2015 15:55

GWMO getting ready for lift off as M1 sample results plus permit news is due in September.

[topvest] 03/9/2015 14:49

Yes, agreed - better to get a final small return and move on.

[cerrito] 03/9/2015 14:30

One suspects that Mr Malpica has done a good deal for himself but I am pleased that the end is in sight.

[miamisteve] 11/6/2015 12:26

Cerrito - What's your view on the REIT tax contingent liability?

Is it in some ways irrelevant as it does not effect silos G/J or the commissions the parent company are due from the remaining silos sales?

Was going to give the Company a call. Any questions you would like asked?

[cerrito] 01/5/2015 23:12

I am a shareholder of IERE with 38 % of its portfolio in Germany and TRV with 100% of its portfolio in Germany. Both are in workout situations, looking to sell their assets to liquidate borrowings and die hopefully a graceful death. Both are making heavy water of their sales.
Others are finding the German property market more satisfying.
I am a shareholder in RDI with 30 % of its portfolio in Germany.
This is what it said a couple of days back in its interims; while IERE is more office than retail, TRV has a lot of retail and RDI seems to see things differently than IERE/TRV.
Quote
Investment activity remains strong across all key sectors and in particular for investments with the ability to add value. Despite general concerns for the Euro area, Germany maintains a unique and stable economic position. Retail continues to attract the majority of investment capital supported by an optimistic outlook for German retailers and an exceptionally low interest rate environment.
unquote
Also a TPFZ shareholder and when TPF reported a couple of weeks back they were upbeat about the Berlin residential market. I appreciate limited read across from Berlin residential to Pan German commercial but interesting to see upbeat RDI/TPF and slow sales from IERE/TRV.

[cerrito] 28/3/2015 23:25

The March 20 RNS is rather sad..the first one this year on their divestment programme and all they can say is that they have completed the sale of a E3.5m asset.Given the apparent much improved German property market I hoped for more progress.

[atholl91] 06/3/2015 14:00

Excellent that a Director has taken a 15% holding. Research in the USA shows that Company's where Non Execs have over $1m in stock outperform. They prevent Execs from spending Shareholders money on value destroying takeovers. May well increase my holding.

[cerrito] 06/3/2015 10:47

I can understand why Mr Strong/QVT lost patience and decided they have better things to do with their life but reassured that Mr Malpica who I see has been a director since May 2012 and who has never had a shareholding has taken the plunge.
Note without comment we now have a three man board

[cerrito] 30/12/2014 17:26

When you see a RNS late in the trading day of the last full day before the year end one gets very suspicious but I guess this is neutral news.
Good that the sale has been made albeit the proceeds will be at a 9% discount to the June 30 Directors’ valuation and as the silo is debt free this can be distributed; note that the August distribution of 1.5c involved less cash at E9.075m than the proceeds of this sale and we also have the E1.8m gross sale which we were told was notarized at 30.9.14 and one assumes has has gone through. A E1.5c distribution equates to half the current share price
Too bad they did not tell us if this is one of the assets subject to the rather complex leasehold adjustments-given its size I imagine it is.
Also would have been nice if they had told us how many sales had been made from silos D,E F & K but the suspicion is that no sales were made.
I am holding on with what I have at the moment.

[horndean eagle] 29/10/2014 18:56

Could do with one of these parties who they are in talks with to just put TRV shareholders out of their misery. The portfolio must have been horrendous to start with for it to have fallen the way it has without any recovery as per German real estate market.

[cerrito] 29/10/2014 17:07

An upbeat assessment from RDI today on the German property market-retail sector
quote
Prime yields in the key German markets have compressed by 20bps to 30bps in the 12 months to June 2014 (Colliers) and are now back to historically low levels. The pricing of prime assets has resulted in a noticeable increase in risk appetite with institutional investors moving into secondary assets and a general increase in the number of transactions focused on more asset management intensive portfolios.
The availability of capital to invest in real estate from both German and international investors is expected to remain strong and currently outweighs existing available supply. Likewise, liquidity in the banking market remains robust and given the current interest rate environment, borrowing costs are likely to stay at exceptionally low levels.
unquote