Share Name |
Share Symbol |
Market |
Type |
Share ISIN |
Share Description |
Argo Real Est. |
LSE:AREO |
London |
Ordinary Share |
GB00B17PFQ50 |
ORD EUR0.01 |
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Share Price |
Shares Traded |
Last Trade
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0.00 |
0.00% |
0.02 |
0.00 |
00:00:00 |
Bid Price |
Offer Price |
High Price |
Low Price |
Open Price |
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Industry Sector |
Turnover |
Profit |
EPS - Basic |
PE Ratio |
Market Cap |
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-
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Last Trade Time |
Trade Type |
Trade Size |
Trade Price |
Currency |
- |
O |
0 |
0.02 |
EUR |
Real-Time news about Argo Real Est. (London Stock Exchange): 0 recent articles
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Top Posts |
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Posted at 20/9/2011 14:48 by windass Initiation of coverage from GE&CR, with a STRONG BUY. Should get the shares moving.
Property companies, as this is essentially what AREOF is, are valued relative to their Net Asset Value ('NAV') and we believe AREOF offers considerable long-term upside potential because the Romanian and Ukraine economies are recovering strongly and this upside potential has yet to be fully reflected in asset values. Nevertheless, AREOF's assets, as enlarged by the ERA Shopping Park acquisitions, were independently valued by Colliers International and Jones La Salle and indicated that net assets totalled 82.7 million or 13.6c per share. Therefore, with the shares trading at 4.5c and a net asset value per share of 13.6c, we recommend the shares as a strong buy.
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Argo Real Est. share price data is direct from the London Stock Exchange