Avesco Share Discussion Threads

[hazl] 24/2/2014 10:23

a bit of interest this morning....bodes well imo

[hazl] 22/2/2014 11:49

such an interesting history

[hazl] 21/2/2014 12:04

yes I think its a great opportunity at this price thanks michael

[michaelmouse] 21/2/2014 11:20

Incidentally, for anybody that missed it, a little while ago I wrote a short article about the implications for future dividends following the reduction in Avesco's share capital:-



Please also note that Avesco's current market cap. is closer to £20m rather than the £30m quoted on ADVFN following this reduction in the share capital.

Cheers.
Michael.

[michaelmouse] 20/2/2014 22:21

Many thanks eeza. Works a treat. Brilliant.

Michael.

[eeza] 20/2/2014 20:21

Hello Michael
If you change the 2 'x's in hxxp to TT it will be a 'live' link.

So, after posting the link, go back and 'edit' the link to hTTp and re-submit. (if you put hTTp in the first time the system changes it to hxxp but not on an edit).

[hazl] 20/2/2014 15:52

.

worth a look imo

[hazl] 19/2/2014 10:10

I am happy to tuck these away and wait for a good recovery

good luck holders

[hazl] 18/2/2014 11:35

a tick up to be welcomed

[hazl] 18/2/2014 07:53

'Adjusting for the 110p payout, the shares yield a prospective 4.8% and stand at a 39% discount to pro forma NAV, which is underpinned by high-quality rental assets.'

[hazl] 17/2/2014 10:19

the director buys show confidence in my book

[hazl] 17/2/2014 09:52

sounds good rogash 8-)

[rogash] 17/2/2014 09:50

And I mean net assets.

[rogash] 17/2/2014 09:38

Correct me if I am wrong but are not the assets at least 3 times the market cap?

[hazl] 17/2/2014 09:28

I see the thread wast started by you mm

its been a good choice by the looks of things

[papy02] 17/2/2014 09:21

Yes. Murray gets his return of cash in June/Sept, so will have additional financial firepower to make a bid then?

From Dec 23rd RNS
In order to spread the impact of these payments, which would otherwise all fall to be paid within a short period of time, Richard Murray has , subject to completion of the Buy-back Agreement, agreed to defer the majority of his entitlement under the Return of Cash, being approximately £3.4 million until no later than 30 June 2014 with the balance (£2 million) to be paid on or before 30 September 2014.

Wonder if a bid by him would end the standstill agreement with Taya (is Murray a "3rd party" in this context?)

[michaelmouse] 17/2/2014 09:11

Hello hazl - I've been here a very long time and I've no intention of leaving in the foreseeable future.

Yes the UBC/Digital7 news will be very interesting, particularly in the present climate.

Michael.

[hazl] 17/2/2014 08:55

hi michaelmouse good to see you here ....just bought in

nothing from UBC for a while be interesting to see what gives when it returns

[michaelmouse] 17/2/2014 07:55

Indeed they are, and Murray has bought another £108,000 worth. He holds just below 30% of the company now. I wonder if he has any intention of making an offer and taking the company private?

Michael.

[grantk] 17/2/2014 07:32

Director purchases always a good sign

[grantk] 15/2/2014 12:30

How long will this company take to restore its share price to logical 130p

Hope you are all safe and well. A comfortable 66dec. with little or no breeze.

I miss some aspects of the UK but the weather is not one of them

But bureaucracy here I will never get used to

[grantk] 12/2/2014 11:33

Worthy purchase for new purchasers

A pension I was associated with before I retired held Avesco and I bought some time ago for the yield.

The recent payment has been good and as a non UK resident the returns are better than a savings account.

Taya share reduction and Avesco's China venture will grow my income

Thanks to Michael for such a helpful and friendly bb unlike some

[papy02] 06/2/2014 14:54

That's not bad, a 130p drop against a 110p divi.

Yes, I suspect this wasn't the plan ;-)

They've also taken 29% of shares out of the market (bought off Taya).

In the absence of anything saying the business prospects have worsened, this has to be an opportunity?

[rogash] 06/2/2014 12:42

That's not bad, a 130p drop against a 110p divi.Not many re-invested their proceeds into this then.Perhaps E.K. has sold?