Matrix European Real Estate Share Discussion Threads

[zangdook] 31/10/2012 19:08

new thread - thanks jonwig

[badtime] 06/10/2012 19:55

then apply a discount or your choice

[sand dollar] 05/10/2012 11:09

Difficult to be precise, but the consensus on this board is circa £2.

[jonwig] 05/10/2012 11:08

206p/sh at 30 June.

[ifthecapfits] 05/10/2012 10:08

whats current NAV?

[badtime] 08/9/2012 00:03

was...got out a while back..small loss as i remember...might run my eye over it when i get time

[praipus] 07/9/2012 21:58

:-) yeah :-(

Long story, followed Weiss in sold a few at a 20% loss and tendered a few at a 64% profit (not enough to cover the loss though) and now hold a few.

Newton Invstment Management in too, as you know tracking all their holdings on the WAM thread.


You in too?

[badtime] 07/9/2012 20:53

very quiet here...change of manager i c..positive?

[asmodeus] 25/7/2012 12:41

All they go up is The Creek - and a paddle is still being sought.

[praipus] 24/7/2012 23:59

Do shares go up any more?

[b3842517] 24/7/2012 23:42

Ouch indeed.

If it falls below £1 I'll be topping up again.

[horndean eagle] 08/7/2012 19:21

Think your NAV figures are way out. On a like for like basis they are down 14.8m. That equates to 43p reduction. Add to that the 10p returned earlier in the year. In addition they have made losses on the disposals this year. I reckon NAV is circa 185p.

[n1mgn] 06/7/2012 13:20

if i have worked it out correctly the nav is still around 230/40 so personally i think the recent move south has reflected this , with a great income stream i dont see why we anywhere near this price, even if the value fall another 5% would give us a nav around 2 quid , and 10% 175 , i think ???

[horndean eagle] 06/7/2012 12:39

Valuation fall pretty sharp. Looks like further distributions may be a way off given that gearing is now above the cash sweep level. Shares surprisingly haven't reacted so far. Think they may fall away in due course.

[n1mgn] 27/6/2012 09:41

thats my thoughts , sell off anything that we can get nav for ,( ie german and maybe france if lucky ) and keep the rest great tenants , okay countries in the @@@@ but income streams great , and if the Eu dint let greece go i doubt they will let spain go ????

[kramch] 26/6/2012 22:34

Funny, I was thinking just the same thing, no point in trying to give away properties where the rents are generating a pe of c 9!

K.

[n1mgn] 26/6/2012 20:09

hi all,

does anyone know what the surplus cashflow is now ? i guestimate it to be approx 15p a share ?? hope someone can help ?

[ifthecapfits] 12/6/2012 13:15

That would be nice.

[nigelwestm] 01/5/2012 07:43

I see they've finally completed the sale of the Celle property in Germany at a small premium to what it was valued at on 31 December: €9.8 million as opposed to €9.4 million.

If they carry on doing this then the share price should start to converge with NAV per share and we'll go above £2.