Abrdn Property Income Share Discussion Threads

[cockneyrebel] 07/8/2012 17:56

the 17.5k and the 7.5k look like the might be sells but the price has still crept up. I suspect a sell will show up tomorrow perhaps but a new closing high on volume is sweet imo.

CR

[greenroom78] 07/8/2012 16:34

I do wonder if MMs got some stock around 15:50 though as L2 went 1v4 and the actual offer dropped a bit. Whether it was those 10ks at 68p or whether we get an after hours I guess we'll have to wait and see. Good volume though behind the break so looking good.

[interceptor2] 07/8/2012 16:32

Yes a meaty buy. I did top up today on the break out, but my purchase was far more modest.

Large volumes today and yesterday, way over the average.

ic2...

[cockneyrebel] 07/8/2012 16:13

43k buy - meaty :-)

CR

[cockneyrebel] 07/8/2012 11:03

Broken out.

CR

[interceptor2] 07/8/2012 09:20

Resumed buying today and a break out over 66p.

ic2...

[greenroom78] 06/8/2012 19:03

That 15.4k @67p (delayed) caused the tick back up, someone buying it decent size of late and happy to pay a premium.

[cockneyrebel] 06/8/2012 15:45

just 1 mm left on 66p :-0

CR

[bigbigdave] 04/8/2012 08:40

Gotta love that chart. Like a slingshot poised for release.
80p next stop?

[greenroom78] 03/8/2012 16:51

Nice rising wedge consolidation as well. If you can call it a flag then the pole was 25p so could see 80p+ on this move (if it does break out).

NAI and just novice charting thinking out load.

[cockneyrebel] 03/8/2012 16:40

Closed right on the previous high - big breakout on Monday possibly.

Not much stock about either :-)

imo/dyor.

[interceptor2] 03/8/2012 16:14

Good strength into the close also, could be news coming on the sale front. These things often are leaked before the RNS.

ic2...

[cockneyrebel] 03/8/2012 11:13

News on the sale of the co coming?

Sudden interest today.

CR

[hardrider8] 03/8/2012 10:45

agreed CR. Chart looks good and with potential of sale talks this Q, and strong trading seems a pretty solid hold. Topped up this morning

[cockneyrebel] 03/8/2012 10:36

ticking up again, getting nearer that breakout level.

CR

[cockneyrebel] 19/7/2012 12:39

How much will these jump when they announce they are in sales talks?

CR

[cockneyrebel] 19/7/2012 10:51

Numis say add - 70p target- alway understated here imo

CR

[interceptor2] 19/7/2012 08:01

Laminates and Foils America are the two division which seem to be performing the strongest, between them they contribute 65% of the revenue. With such a low valuation for the group, I'm happy with an inline statement for the year.

ic2...

[cockneyrebel] 19/7/2012 07:40

Trading strong and the co going up for sale this quarter.
Consensus 9.2p eps this year - 11p next year.

PE 7 falling to 5.5 even if they don't beat and an excellent chance of a high premium takeover from the sale process imo.

imo/dyor etc

CR

[greenroom78] 18/7/2012 21:29

bought in today after waiting a few weeks for a pullback into the mid/high 50s, as I didn't come I took the strengthening L2 as my signal not to miss it again.

[interceptor2] 18/7/2012 21:08

I hope we have a trading update tomorrow, but I have just looked back at the last two years. 2011 trading statement was two weeks before the AGM, and 2010 trading statement was two weeks after.

Either way I did topped up today.

Forward per of 6.45 and 5.5

Strong cashflow Net debt fallen to £3.6m from £8.5m.

3 out 4 business units performing strongly.

Raw materal costs easing.

Company up for sale.

What is there not to like?

ic2...

[cockneyrebel] 18/7/2012 12:18

Last mm on the offer.

CR

[cockneyrebel] 16/7/2012 20:54

Should have the trading update on Thurs.

CR

[interceptor2] 12/7/2012 09:43

Equity Dev new forecasts are some way above Numis now, which gives PERs of 6.45 and 5.48. Good value for a company that has put itself up for sale imv.

Even if they are sold at just 9 x per, we have 40% possible upside from here.

2013, PBT = £7.71m and EPS = 9.60p
2014, PBT = £9.52m and EPS = 11.30p

ic2...