Ashley House Share Discussion Threads

[paleje] 08/12/2016 16:28

Let us know what he says Russman please, I assume you're contacting Tony.
Yump, quite:)

[yump] 08/12/2016 14:43

I think you mean bunch of professionals, don't you ?
;-(

[norbert colon] 08/12/2016 13:42

Interesting narrative from Caretech Holding (CTH) FY results:

"The coming year shows every sign of being good for health and social care providers and especially for those with an established reputation for quality and innovation.

This year there has been significant policy development and we see some indicators that local authorities have recognised the need to maintain, or grow their social care budgets"

[greedfear] 08/12/2016 12:19

Bunch of amateurs. Incredible to not disclose the loan terms.

[russman] 08/12/2016 11:34

The loan terms should be disclosed.I will point out the error of their ways.

[crazycoops] 08/12/2016 00:20

I can cope with a related party transaction but very disappointed that they chose not to disclose the terms. I am though still comforted by the price set for director options.

[yump] 07/12/2016 16:15

Ah yes the terms are fair and reasonable, but not for publication, just in case.

I suppose loan facilities from directors are not that unusual, but in a publicly quoted company ? Hopefully not yet another stock where the appearance of related party transactions, whether agreed by a BOD 'independently' or not, is not the first step on the way to cashing in when times improve.

It is basically run by folk who make money out of property, with various quite complex arrangements though isn't it ?

[russman] 07/12/2016 13:07

No idea. It seems prudent to disclose the loan terms.

[crazycoops] 07/12/2016 12:29

And the new terms are...?

[knicol46] 07/12/2016 08:21

loan repaid, £1.5m financing in place

[qackers] 07/12/2016 08:08

Ashley House PLC Replacement Debt Facility from Related Party

07/12/2016 7:00am
UK Regulatory (RNS & others)

Ashley House (LSE:ASH)
Intraday Stock Chart
Today : Wednesday 7 December 2016

RNS Number : 1356R

Ashley House PLC

07 December 2016

Ashley House plc

Replacement Debt Facility from Related Party

Ashley House plc ("Ashley House" or the "Company"), the health and community care property partner, is pleased to advise that it has signed a loan facility to refinance the existing development finance loan which is currently held with Novus Lending Limited, a company administered by Rockpool Investments Limited (the "Rockpool Loan").

The Rockpool Loan has been repaid in full and a new loan facility of GBP1,500,000 is being provided to the Company by a privately owned company, Invescare Limited which is part owned by the Company's Non-executive Deputy Chairman Stephen Minion (the "Invescare Facility"). The Invescare Facility is available until June 2018 and is secured against individual assets of the Company and those of its subsidiaries.

Accordingly, the Invescare Facility is a Related Party Transaction pursuant to AIM Rule 13. Ashley House confirms that its directors, acting without Stephen Minion's participation and having consulted with the Company's Nominated Adviser, consider that the terms of the transaction are fair and reasonable in so far as the Company's shareholders are concerned.

Enquiries:

Ashley House plc 01628 600 340

[first_things] 27/11/2016 19:17

This could go a lot higher if we see the same level of buying continue next week. Doesn't look like there are any sellers left at these levels so perhaps it about time we had a re-rating.

Good to see the news of the two New Health Property projects and would like to see more of them coming on site.

There has been a significant underinvestment in primary care in recent years and the following points come from one of their funding partners:

* Growing consensus that primary care must play a bigger role in health provision
* Significant historical underinvestment in primary care space, many GP premises not currently fit for purpose
* NHS England's "General Practice Forward View", announced in April 2016, further emphasises need for appropriate primary care infrastructure and premises

[hatey] 26/11/2016 22:58

They are their own worst enemy for rarely issuing a Rns for all the many deals announced on their website.

Other stocks have no trouble doing this and seeing the share price continue to climb
but ASH is the slow silent type.

[topvest] 25/11/2016 18:45

Thought about adding some more today, but decided against it. No other reason than I've already doubled up and this is still a big loser for me. Not sure it's sensible to add any more here as not got a high enough conviction to keep adding. Do think it COULD be a multi-bagger though. Think the uncertainty at the moment is on next years sites and whether these are going to come to fruition or be delayed. This year seems to be in the bag from a revenue perspective.

[knicol46] 25/11/2016 18:26

interesting - 4 blocks of 50000 buys today - unusual

[hatey] 25/11/2016 15:43

Bounce is on 237k bought including isdx 0 sold so far.

[knicol46] 25/11/2016 10:57

interesting to see a bit of movement today

[knicol46] 25/11/2016 10:29

hxxp://www.ashleyhouseplc.com/wp-content/uploads/2016/11/Two-New-Health-Property-projects.pdf

[hatey] 25/11/2016 09:14

Last 50k was mine.

[love it] 25/11/2016 09:08

3 x 50k buys today

[qackers] 22/11/2016 22:40

Hopefully we will see a rise into the interims which are due December/January according to the company web site.