Abrdn Property Income Share Discussion Threads

[stegrego] 09/2/2012 08:21

Letter? Auction?
What you on about?

[cockneyrebel] 09/2/2012 08:18

Needed to buy when you had the chance imo - motoring now and a big 250k trade too.

CR

[nickjoseph] 09/2/2012 08:07

Whats this letter all about. Not sure if they will go to auction to sell company. What are your thoughts?

[shrout] 03/2/2012 14:41

Looking a bit dicey here atm... MM's searching for support levels? Trying to get cheap shares off weak holders?
29p looks a more likely first target than 59p right now. Hopefully not.. fingers crossed.

[chrisb1103] 27/1/2012 13:10

Looks like we're getting back on track again here CR. Good to see, may have proved a nice dip to top up ;-)

[cockneyrebel] 27/1/2012 12:59

Must be a keen buyer turned up imo - mm' just paid 39p for 16k,

CR

[cockneyrebel] 27/1/2012 11:00

A bit of buying showing up on that long support line in the past few days.

CR

[cockneyrebel] 20/1/2012 14:35

Winterfloods have moved up after those large trades yesterday - seller done perhaps.

CR

[chrisb1103] 19/1/2012 23:36

I'm not sure the chart is so bad. Maybe some consolidation, could be good support here and someone mopped up a few today. Forecasts are for eps 7.8 for 2013 so after April this is on a fwd PE of less than 5 for decent growth with their new contract starting - a significant one for revenues too. And these have got their costs well under control now - pre-tax profits up 123% at the half year remember. OK might be a bit dull till the next news but when it moves, it'll move imo, the chart and reaction after the 1/2 yr report in December show that. Better to be in before the move, so nice to pick some up cheap and put away for the patient - well that's my view anyway.

[nickjoseph] 19/1/2012 08:37

The shareprice on these are very weak at present. Not sure if I can hold out much longer. This is my worst share in the portfolio. Might have to dump. Was thinking of buying more but the graph is not looking too confident for a rise from here

[chrisb1103] 18/1/2012 21:42

Yeah that's brokers shrout :) But these are cheap imo - especially on a longer view, loads to play for going fwd from here for API. I reckon they've got momentum so whilst the weakness in the share price is disappointing I've picked up a few more before they get the higher rating i think they deserve.

[shrout] 11/1/2012 09:18

You've answered my questions Chrisb, in a roundabout way. Thanks.

I'm still sceptical of forecasts and targets though. Imo brokers feel they have to make them to justify their exorbitant fees, when in reality they're often no more than informed guesswork. There's little or no comeback if they're wrong, which they often are. They just change the target.

[chrisb1103] 10/1/2012 11:53

One month on from great half-year results and a frenzy of buying you can buy these for under 40p again now! These are going to do eps of 5.9 y/e March 2012.

They have their significant new contract starting April for £15-20m revenue pa and are forecast eps of 7.8 for y/e March 2013 which puts them on a fwd PE of 5. Very stingy for eps growth of 33% imo. One of the best performers in small caps of 2011 and i reckon as a momentum play they could be again this year. I have a few already but I'm tempted to add again here. Hmmm, could be nice buy point on the chart too.

[shrout] 23/12/2011 10:31

AISHAH - 8 Dec'11 - 12:35 - 227 of 229
Numis maintain Buy with 59p target

Based on what?

Why 59p?.. how can they be so precise?

What time scale? etc. etc.

ie. do these broker targets have any value whatsoever?

[philjeans] 12/12/2011 10:08

Good to see Hargreave Hale increasing their stake again - now over 5%.

Stock very limited here.

[philjeans] 12/12/2011 07:50

Made good progress last week, which should continue as the mags review the excellent results.

[aishah] 08/12/2011 12:35

Numis maintain Buy with 59p target

[philjeans] 08/12/2011 09:06

SPH holding 32% of the shares adds take-over premium here and stock is limited anyway.

Business flying now they have sold the lossmaking Chinese division and profitable growth should continue for several years.

Strong BUY and hold for me.

All BUYS so far today.

[gain] 08/12/2011 08:49

V good res

[daz] 08/12/2011 08:26

There is some caution about the exposure to consumer spending and a big project coming to a close and also an increase in debt - largely to fund capital expenditure but otherwise looking good.

News that the new laminates supply contract is on schedule to start in April is very encouraging.

[philjeans] 08/12/2011 08:07

Cracking results.

P/E 5 and sounding very positive. S/P should break previous high and go well next year.

[cockneyrebel] 08/11/2011 15:25

Quiet here.

Fwd PE 5.5.

Results Dec 8th.

CR

[chrisb1103] 10/10/2011 11:02

Not much stock around again this morning it seems - 20K gone through above the offer at 43. Price recovering quickly now from those silly panic sells on last week's update?

[chrisb1103] 05/10/2011 19:38

Added a few more today @37.5 - current trading remains strong, and with signifcant growth in the business ahead this could be double today's share price and still be less than fair value imv

[shrout] 05/10/2011 15:10

A 10% drop after a 700k hit does seem harsh. Doesn't that imply a market cap of 7m? Actual market cap is nearer 30m.