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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Brixton | LSE:BXTN | London | Ordinary Share | GB0001430023 | ORD 25P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 61.00 | 0.00 | 00:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 61.00 | GBX |
Brixton (BXTN) Share Charts1 Year Brixton Chart |
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1 Month Brixton Chart |
Intraday Brixton Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 28/1/2010 | 00:01 | Brixton Estates for long-term growth | 1,152 |
| 03/8/2007 | 07:47 | BRIXTON ESTATES COULD HAVE (BAD) INTERIMS | 19 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
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Posted at 23/6/2009 16:25 by willyworm2 You could argue 1.75x minus a small discount to take account of the possibility that the deal doesn't go ahead??Also, if SGRO does have a rights isssue their share price will surely fall, further undermining BXTN. I can't think of any rights issue that hasn't had the price pressured lower around the issue, only to rally thereafter. I sold out yesterday but continue to watch, if the deal looks as if it will go through and SGRO do have a rights issue, with the share price day falling back to 18p (=32p BXTN) then I'll be back in. Doesn't matter for long-term holders but there may still be further short-term downside. |
Posted at 09/6/2009 09:23 by madasafishman gatecorin bid situations the price can drop back to pre-announcement price or lower, for no apparent reason although the more cynical amongst us would argue that this makes the end bid price look better for the buyer and the share holder after seeing the share price hit the floor again is gratefull for the bid price at say 30%+ more than it closed at the day before. when the bid is taken seriously ie:confirmed price with rns the share price normally sits about 10% under the offer price untill the deal is done i feel we will get an rns either on the covenant issues or the bid this week im sitting tight.....only time will tell if thats the right decision or not but i have been caught out on these takeovers before ie:sold on dips and missed the important rns dyor |
Posted at 28/5/2009 14:04 by warmsun L2 just got stronger.Fingers crossed. Hamster, is it not therefore in SGRO's interests to keep the BXTN share price down at the moment? |
Posted at 28/5/2009 12:30 by sportbilly1976 2* 5 million trades and one for near 4.5 million also gone thorugh SGRO today...more switching??....cos the BXTN share price doesnt seem to be recognising this buying!! ;-( |
Posted at 27/5/2009 13:12 by hamsterape One assumes that the SGRO price will fall slightly and the BXTN price rise.SGRO has a market cap of £1,500m whereas BXTN is about £200m, representing about 13% the size of SGRO. Let's say SEGRO were to produce NEW equity to purchase BXTN - they would have to increase their float by 13% at nil value which means that the price would drop to about 22p. Although this is somewhat artificial, it seems that there is a theoretical downward bias - if you then take into account arbitrageurs perhaps a drop to 20p isn't unreasonable. So a 3-shares-plus-30p-ca If that seems a bit low then maybe a four-share-plus-30p deal is more likely, giving a take-out price of 110p, or perhaps three-plus-50p. |
Posted at 26/5/2009 12:45 by jpendle I have read a few times the saying 'Go away in May' as regards investing in the stockmarket, I understood that was for various reasons including - new tax year, holiday season starts, poeple are just not interested in investing when planning holidays and it is traditionally quiet and doesn't show good rewards -that is what I understood it to mean unless someone knows different?Anyway, the way my investments are performing suggests this is the case, and IMO BXTN share price has hardly begun to reflect the bid interest shown and we can expect the price to continue to rise into June as everyone returns to the business of making money. There is no way the 3 or more bidders can keep information under wraps as was shown at the weekend, so we are probably in for a daily helping of facts and rumours, which in IMO will cause the share price to continue its rise steadily. Just look a Friday the share price struggled to get past 60p, day by day rises a great because everyone can comfortably pick their buy/sell moment and price. |
Posted at 26/5/2009 10:28 by explorer88 JPM sold 7 million SGRO. Look out for RNS from JPM that they have purchased about 2.5 million BXTNFirst RNS also from Citi. Heavy volume today. Expect string of RNS's in the coming days as increases in BXTN holdings are declared. Anyone up for a little competition to guess the value of the winning bid for BXTN? If so, i'll provide bottle of champagne for ADVFN poster who gets closest to the value of the winning bid for BXTN. fwiw, my guess at level of winning bid for BXTN is 130p (i.e. a 41% discount to current net asset value of 220p). This is based on offer from SGRO of 4SGRO + 30p : 1BXTN, and SGRO share price of 25p. If LP goes with all cash offer from Blackstone or other party then around 120p is perhaps more likely. However, bearing in mind the number of interested parties, the quality of BXTN's assets, and the discount to current net assets, i'm going to go for 130p as the level of the winning bid for BXTN. anyone else care to have a go? |
Posted at 26/5/2009 08:15 by explorer88 morning folks - hope you all had a good bank holiday weekend.BXTN share price starting to rise as folks start to return to their desks in the city and realise that with net current assets of 220p / share, and now at least six interested bidders for the company, BXTN will be sold for a price a lot higher than the current level. |
Posted at 24/5/2009 10:05 by explorer88 BXTN will be sold for more than 50% of current Net Asset ValueCheck out Scburbs excellent post 621 re. current/spot Net Asset Value for BXTN of 220p / share BXTN will be sold for more than 110p / share. Two questions remain to be answered - who will be the winning bidder? and, will it be a cash bid, or cash and shares bid which wins? imo, the cash buyers are in a stronger position to secure BXTN's assets than the (two) prospective cash and share bidders (one of whom is SGRO) For SGRO to have a chance against Blackstone and the other (two) prospective cash bidders imho they'll have to make a full and final offer of at least: 4 SGRO + 30p : 1 BXTN (although cash element would have to rise if SGRO share price falls) If SGRO aren't successful in buying BXTN for c. £350m now, such is the nature of these things they'll probably end up buying BXTN's assets in three years time from the winning bidder for £700m+ ... (p.s. have a good bank holiday weekend - see you folk on Tuesday ...:-) ) |
Posted at 10/5/2009 20:09 by explorer88 BXTN share price will be a lot higher very soon ;-)look out for BXTN RNS ... |
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