Ablon Share Discussion Threads

[qwazi] 23/3/2009 15:13

Some more director buying from the non-exec chairman. This doesn't look hugely different from all the other EE trusts on massive discounts, but the director buying gives it an edge imo.

[qwazi] 13/3/2009 08:24

Anyone in this?

Results yesterday at first glance seem okay. NAV of 327p against a current share price of 15p (a mere 95% discount). Development projects put on hold until credit crunch eases but has a number of existing investments that are generating rent of around EUR 17m a year. Currently has EUR 30m of cash on the balance sheet but admits that it will be depleted through working cap requirements and loan repayments. Overall gearing is not too high at 39%.

Initially doesn't look hugely different from the other EE developers but the chairman bought 100,000 shares yesterday - and director buying is still a rare site in these overseas property companies.

[stig2] 07/1/2009 09:14

Company is 80% owned by the big boys who are still buying leaving it very illiquid and directors and CE buying who already ownes 30% and it is at an all time low. Plus I had a tip from a friend that a broker he works for brokers were expecting a turn around and thought it may be good up to £2.

[brando69] 07/1/2009 09:13

not any more

[andrbea] 07/1/2009 09:07

now up 25%

[brando69] 07/1/2009 08:41

what's the story?

[stig2] 07/1/2009 08:13

Anyone out there???

[m.t.glass] 24/9/2008 10:23

Ablon (ABL) half-year results today
(advfn have not flagged today's results RNS on monitors)

Despite the chairman's optimistic comment, what was a net operating half-year profit of 23,578,000 euros to June last year is now a loss of 22,826,000 to June this year. Earnings per share go from 0.17 positive to 0.11 negative, and dividend is cancelled.


There's a conference call at 3pm today

[m.t.glass] 17/9/2008 12:58

Falling further on a market up day

[m.t.glass] 16/9/2008 12:40

Announced today that results will be 24 September (not 19/9 as shown on some sites).

"..ABLON Group Limited is a Guernsey incorporated holding company of a group (the ˝Group˝) whose core business is the sourcing, acquisition, construction, ownership, leasing, servicing and management of a diverse portfolio of commercial property and the acquisition, construction and sale of residential properties in Hungary, the Czech Republic, Romania and Poland, primarily in Budapest and Prague..."

website:



Like many other folk, I hold a downbet on this one.

[cnx] 15/3/2007 03:11

ignore the two above...............is anyone following ablon,east european properties................any ideas on a dividend policy and does it qualify for iht exemption?

allen

[high yields] 17/7/2002 11:08

Did you buy a Cartier watch ?

[dominiclake] 07/10/2000 03:00

I wanna buy a cartier watch before christmas, so if you don't hold yet, buy Chorion.