Big Yellow Share Discussion Threads

[2gemini] 29/9/2006 11:57

Seems to be heading in the wrong direction. Any thoughts?

[2gemini] 27/9/2006 12:41

Fingers crossed

[the_doctor] 25/9/2006 14:09

A move through 500p would be bullish, breaking up from the long-term trend channel and getting through the psychological round number.

Looks set to do it!....

[spark240] 25/9/2006 10:04

Got in at the start 1.30,

[hybrasil] 25/9/2006 08:30

yes
have had these for a few years bought in at about £1.6O
I like the business.

[2gemini] 25/9/2006 08:28

Anybody out there????????????????? lol

[2gemini] 21/9/2006 14:20

I'm in. Must stop procrastinating. Should have bought months ago.

[2gemini] 21/9/2006 09:50

Thanks Guys. Will keep a watch today and tomorrow. Still thinking about getting onboard

[the_doctor] 20/9/2006 11:25

Fundamentals and technicals still strong...

[spark240] 20/9/2006 11:21

Still life in this yet

[2gemini] 19/9/2006 15:14

Had a tip on this a couple of months ago, but was otherwise engaged watching other stuff. Too late now to jump on board? Looks like I may have missed the boat

[spark240] 19/9/2006 15:13

Anyone taking any notice of this steady rise ?

[spark240] 08/9/2006 18:56

Ross buying in again at 460 ? somethings gonna kick off me thinks ?

[spark240] 30/8/2006 17:48

Creeping up nicely ..

[peladon] 25/8/2006 16:47

From July's announcement of the share placing:-


"In the Chairman's statement announced on 16 May this year, Big Yellow stated
that it was minded to convert to a REIT when the current draft legislation
becomes effective on 1 January 2007. This intention was subject to clarification
of certain issues including finalisation of the legislation in relation to
groups.



Detailed advice has since been sought from the Group's tax and legal advisers
and, in order to comply with the current requirements for REITs, Big Yellow will
need to undertake an internal reorganisation of the Group's assets. On the
basis of this advice, the Board is reasonably confident that, subject to review
of the final legislation, it will qualify for REIT status.



It is therefore the Group's current intention to convert to REIT status with
effect from 1 January 2007. Based on the value of the Group's properties of
£474.8 million as reported at 31 March 2006, this would result in a conversion
charge of approximately £9.5 million.



On the basis of the current draft legislation, REITs will be required to
distribute 90% of their qualifying earnings to shareholders and accordingly,
following conversion to REIT status, the Group's dividend distribution would be
expected to increase in the financial year 2007/2008 and thereafter. It is the
Board's intention to pay a dividend in excess of the minimum allowable under the
REIT regime. Dividends will be set based on 90% of qualifying post-depreciation
earnings without further deduction for additional shadow capital allowances.
This will have the effect of reducing retained earnings, which are currently
used to partially fund the capital expenditure programme.



For these principal reasons the Board believes that it is in the best interests
of shareholders to raise additional capital."

[spark240] 25/8/2006 08:45

Rumour has it that BYG are taking up the latest Real Estate Investment Trust ( REIT) stuff,not sure exactly what this means, but supposed to be good news for shareholders ?

[peladon] 14/8/2006 17:22

New closing high :-)

[vassily] 01/8/2006 14:28

Johnrxx99:
I agree. If you bought at 130p then it would be good to sell some on the way up and perhaps, if your confident, buy some more with proceeds on the dips. Just a thought. DYOR.

[johnrxx99] 01/8/2006 11:40

While the commercial property market is strong and the residential is not weak, may as well hang on. I think will be held back by this interest rate uncertainty but as soon as that calms, could take off for a while. If in for a year or two, you should take some profits imo, dyor.

[spark240] 31/7/2006 19:16

Sell ? are you nuts !, I had these at £1.30, I know Big yellow, ....trust me, there is more to come, still got a large expansion program,so still room for a move upwards i reckon.

[honest ern] 31/7/2006 16:50

thanks vassily. Bought mine a couple of weeks ago and showing a 300 pound profit, which is not bad for me. The shares have been rising constantly for the last 3 years and you would expect that this can't go on forever so i'm getting tempted to sell.

[vassily] 31/7/2006 15:42

If you have been in since 2004/2005, take some profits now. It's just a wise move. DYOR.

[honest ern] 31/7/2006 12:44

anyone got an idea of what point they might sell this share, purely on a technical basis.

[johnrxx99] 31/7/2006 11:14

And still the strength continues.

[vassily] 26/7/2006 14:52

Thx for the new BB!
V