||EPS - Basic
||Market Cap (m)
|Real Estate Investment & Services
Ucp Share Discussion Threads
Showing 3851 to 3871 of 3875 messages
|I think the cash shell with tax loses is worth a few bob. Perhaps 4/6P,
I bought in at 2.75P.
It could be all or nothing.
o/t Take a look at AMC. It is going to pop in a week or two. Before 8th Feb.
Again Please DYOR.|
|Ex div cash on its way:)|
|What will be the NAV after the payment? Is there any meat or just bones?|
|I think its an OK result. The last NAV of 53p is a bit out of date given the recent lettings and with the improved political outlook for India and general improvement in world economy you could argue it is a modest bid premium! However at one point there was a danger that Nectrus/Unitech would buy the thing at 33p!|
|56p cash return approx - on balance a good result for shareholders here I feel|
|Half yearly report due out shortly (on the basis they stick to last year's timetable.)|
|I assume there has been some news
Have we sold something?
"Realty firm Unitech Group has leased 8.1 lakh square feet of space in its under-construction Gurgaon IT SEZ to Accenture in a deal that will give Rs 1,000 crore of rental income over 15 years.
Unitech and its group firm Unitech Corporate Parks (UCP), which is listed in London, last week signed the lease deed with Accenture, sources said.
Unitech and UCP, listed on the AIM of the London Stock Exchange, are in talks to sell their entire stake in the special economic zone (SEZ) being built for IT companies in Gurgaon.
The duo are in talks with private equity firm Blackstone and Singapore's sovereign wealth fund GIC for selling their stake in the IT SEZ for an estimated Rs 2,700 crore.
The leasing agreement with Accenture could help Unitech and UCP get better valuation for their SEZ 'IST Infospace Gurgaon', which has a total leasable area of 36 lakh sq ft....
According to sources, the leasing deal has been signed with Accenture recently for 15 years with escalation clause.
The office space has been leased at a monthly rental of over Rs 60 per sq ft, helping Unitech and UCP earn a potential rental income of about Rs 1,000 crore over the next 15 years, sources said.
A Unitech spokesperson declined to comment on the development.
With this deal, about 90 per cent of the total leasable area in this SEZ has been absorbed. The major portion has been taken up by Accenture at nearly 12 lakh sq ft. RBS, Sapient, Bank of America, E&Y and Amdocs are the other major tenants in this SEZ.
Last month, Unitech and UCP had leased 8 lakh sq ft of office space in another SEZ in Gurgaon to US-based consultancy firm Aon Hewitt for 15 years. The leasing deal in its Gurgaon Infospace Tikri SEZ with Aon Hewitt is worth Rs 800 crore."|
|Another Indian stock that I follow Greenko - renewable energy assets is down a similar amount so I think it is quite a widespread sell off.
|Rupee just hit lifetime low
Also concern about Syria - spilling over
Google India - News|
|why is this crashing ?|
|Results out this week. Uplift seems a little optimistic. I think cap yields were circa 11.5% at last valuation. I think the sale price is circa 10%. Id say uplift 10p or so. A lot of which will be eaten away by rupee collapsing against sterling. Welcome all the same if it happens.|
|Further update on sale.
If numbers are correct at 2700 Crore for total value then UCP 60% share worth circa £180m.
We are waiting for March 13 accounts but my guesstimate is that historic value in UCP is circa £80-100m. An uplift to £180m could therefore be worth circa 25p per share in terms of increased NAV.
Anybody get the same figures? Anybody know when the audited accounts are due out - must be soon. Previously there has been reference to the landowner sharing in any uplift in value which could depress the numbers. However this is not mentioned in the article.|
|Good find W thanks for sharing
I'm still enjoying the ride!|
|Gurgaon - Sale Talks
|hi - since it is quoted on other stock markets is it ISA'ble please ?|
|Interesting update :
value of 18bn crore lower than previous mentioned 24bn back in Dec.
mention of 75% being now let as opposed to previous figures of circa 60-65%
There has been talk in the past of part of the proceeds being split with the landowner.
Results for year ending March out later this month I think when hopefully we will get a full update|
|Gurgaon - Sale Talks
Business Standard - today
|And the Sells continue....
20-Jun 2366 shares