Caffyns Share Discussion Threads

[jaf111] 22/11/2019 08:36

Haven't looked at this in detail myself but remember talk of at least £6 to £7 per share.....

[this_is_me] 22/11/2019 08:15

If they just shut the business down, sold the property and returned the cash to us what would we get?

[jaf111] 22/11/2019 08:06

Next move Mt Perloff??
These results are truly awful....and radical change needed not least to unlock the assets .....
But unfortunately that may be difficult....

[arthur_lame_stocks] 22/11/2019 07:59

Yes poor results but the Divi has been maintained and the property portfolio ensures the balance sheet is Rock solid.

I can still see these dropping today however

[this_is_me] 22/11/2019 07:50

Disappointing results, a fall was expected but this is a big drop.

[cjohn] 21/11/2019 14:42

Andrew Perloff has raised his stake again to 12.06%.

[strathroyal] 08/10/2019 13:25

It's taken a while but it seems that the site at Lewes has now been sold.

[spob] 20/9/2019 12:01

yes the spread is ridiculous

[ntv] 12/9/2019 08:10

Incredible spread on this , must be largest on LSE now

[ntv] 24/8/2019 10:36

lol, I hadn't!!!

[spob] 23/8/2019 13:39

in case anyone hadn't noticed - that article was written over a year ago

[ntv] 23/8/2019 13:20

Somebody wants out
link to article

[ntv] 04/8/2019 17:11

shareholder's get a special discount if I remember correctly

[value hound] 01/8/2019 15:46

Divi day tomorrow; might buy myself a second-hand car :-)

[ntv] 05/7/2019 17:05

I am guessing Mr Perloff topped up the other day @399
If you want some shares you will just have to place a limit order above that price and be patient and see if it gets filled
GL

[ed 123] 05/7/2019 12:51

Yes, JAF111. I hold for longer term. The 5% dividend yield is ok. There is risk to capital but I'd expect any fall to be short-term, because of the strong asset backing. So, I sit on my hands, hoping I live long enough to get a good capital gain.

You're welcome Roquefort. Yes, normally like this. Just occasionally it narrows when one of the mms wants to balance their books.

[roquefort] 05/7/2019 12:20

Thanks Ed123. I'm looking to buy, not sell, but the spread is really ridiculous. Is it always this wide or are there times when it narrows a bit?

[jaf111] 05/7/2019 12:15

yes.....such a ridiculous spread so no incentive to trade.....

[ed 123] 05/7/2019 12:00

Not quite, Roquefort. It went ex-dividend yesterday. Payment is 15p on 2nd August.

The share price sometimes doesn't move on going xd. There is a wide spread, so discouraging dividend trading. Also, the value is in the high tangible net asset value and 15p is not material to that. Having said that, if you were to sell a few now you'd get the dividend and probably nudge the share price down a tad too.

[roquefort] 05/7/2019 11:26

Thought it went xd today? No movement in the share price

[coolen] 04/6/2019 21:30

Unless I've missed something, unlikely that Perloff would join the board.

If nothing else, it would mean rolls of extra red tape as a "connected party" should his own companies propose a deal with even one of Caffyns' properties.

[cjohn] 03/6/2019 15:20

Underlying profit was at 35p per share.


This excludes two main ítems: a one-off pension gender equalisation payment and impairment on two properties.


Ironically, a property revaluation for the year showed that OVERALL freehold property ROSE in value by a million, but they simply add that OVERALL rise in value to the off-balance sheet property surplus, which now stands at 11.2m sterling, whilst the noted impairment on the two properties still impacts on headline profit!





These are hugely under-valued on assset grounds; we're waiting for more positive news on trading, to push the share price up.

[ntv] 03/6/2019 06:50

interesting, Worthing site is now leased out for a while
pension side hit profit /loss a/c
Mr Perloff as new non-executive director?