Share Name Share Symbol Market Type Share ISIN Share Description
Caledonian Tst. LSE:CNN London Ordinary Share GB0001628584 ORD 20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 240.00p 230.00p 250.00p 240.00p 240.00p 240.00p 0 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 0.6 1.0 8.8 27.2 28.28

Caledonian Tst. Share Discussion Threads

Showing 51 to 75 of 75 messages
Chat Pages: 3  2  1
DateSubjectAuthorDiscuss
18/5/2018
18:38
you could be right Alan i may end up buying something else good luck to you and others still holding
spob
18/5/2018
17:28
Well done spob. I don't know if you'll get back in, though. Current Nav probably circa 320p, not including the "hidden" profit in the portfolio. Todays offer price is a discount of 15% +++.
alaneagle
17/5/2018
18:12
i first bought CNN in January last year at 110p, then doubled up at 90p and then bought more again at 190p
spob
17/5/2018
17:53
banked profits today (mid price approx 270p) stock hit 290p mid price today - and closed at 255p mid only 19000 shares total volume today and the price swung from 290 to 250 this is the problem with small cap stocks (Mcap currently £30m) not easy to deal in size and a large spread too had to split my order into 3 deals whilst a discount remains, it is not as big as it once was will happily buy again if it falls back from here
spob
03/4/2018
12:46
Interim results http://uk.advfn.com/stock-market/london/caledonian-tst-CNN/share-news/Caledonian-Trust-PLC-Unaudited-interim-results/77066757
spob
09/2/2018
11:01
I've doubled my money here. Given there is still so much value on offer I decided to buy some more this morning. Just a top up for now.
spob
09/2/2018
09:00
There’s 3500 available at full ask of 1.95 which is the most liquidity I can remember for a while, I’ve sold here but pondering buying back in but I’m usually pretty hopeless at these deep value plays
rhomboid
09/2/2018
08:14
Roll up, roll up £1 coins selling for 50p
spob
09/2/2018
08:10
Surpised this has not jumped on the back of that RNS the other day. I would of expected at least a 20% move initially Sometimes it takes a while for people to wake up :)
spob
07/2/2018
08:39
yes sure patience to be rewarded, lots of hidden value what the company quotes as NAV per share is nowhere near to the actual hidden value due to accounting rules
spob
07/2/2018
08:21
Spob That would be nice but it might take a liitle longer to unleash the hidden value from the developments. They won't accelerate that programme until the cash is in the bank.
alaneagle
07/2/2018
07:26
i'd say nearer to 400 than 300p
spob
06/2/2018
21:18
By my counting it takes the Nav to about 240p after tax. but what about the other undervalued assets? The resultant acceleration in developments will probably push the Nav through 300p two years from now. Who was the recent buyer?
alaneagle
05/2/2018
07:07
Proposed sale of St Margaret's House, Edinburgh Caledonian Trust, the Edinburgh-based property investment holding and development company, announces that, on 2 February 2018, it entered into an agreement to sell St Margaret's House, 151 London Road, Edinburgh ("St Margaret's" or the "Property") for a cash consideration of £15.0 million (exclusive of VAT) (the "Consideration") to Drum Property Group Limited ("Drum" or the "Purchaser"), an established and award-winning Scottish-based property development and investment company (the "Proposed Disposal"). St Margaret's is the Company's largest property development and located in Edinburgh, approximately one mile from the Parliament and Princes Street and adjacent to Meadowbank Stadium. The existing building is a 92,000ft2 multi-storey building that is currently fully let out with the main tenants being Edinburgh Palette, a registered charity, and the Registrars of Scotland. The Company has planning permission in principle (PPP) at St Margaret's for a 231,000ft2 mixed-use development of residential and/or student accommodation, a hotel, offices and other commercial space, together with parking for 225 cars. The Consideration which would be payable under the Proposed Disposal is significantly above the book value of £5.0 million which was attributed to St Margaret's as at 30 June 2017 in the last audited accounts published by the Company. For the year ended 30 June 2017 St Margaret's generated gross rental income of £158,717 for the Company and an operating profit of £138,919. The Company also incurred a valuation gain of £500,000 on St Margaret's in the year ended 30 June 2017. Under the terms of the missives entered into on 2 February 2018 by Caledonian Trust and Drum completion of the Proposed Disposal is conditional on the Purchaser obtaining, inter alia, detailed planning permission and all other consents to their entire satisfaction for a mixed used development of student and residential accommodation. It is anticipated that it will take up to 18 months for the conditions of the missives including detailed planning permission to be obtained and completion of the Proposed Disposal to take place. The agreement contains a long stop date for the Purchaser obtaining all the necessary consents to their entire satisfaction of 18 months from the conclusion of the missives, such long stop date being capable of extension in certain specified circumstances. Under the terms of the signed agreement the Company has the potential to receive additional cash consideration should the planning permission process result in the development comprising additional student bedrooms and/or additional housing units. Based on the discussions that the Board of Caledonian Trust has held to date with the Purchaser it is not envisaged that there will be any material change to the overall gross value of the development or any material change to the housing mix as a result of the planning permission process. As such the Board of Caledonian Trust believe it is unlikely that any additional consideration will be received over and above the £15.0 million which will be payable on completion of the Proposed Disposal. The Company intends to use the net proceeds from the Proposed Disposal to provide funding to accelerate the Company's existing property development programme, re-invest into new property developments, repay certain existing debt and provide general working capital. The Company will release further announcements on the Proposed Disposal at the appropriate time. Douglas Lowe, Chairman and CEO of Caledonian Trust, commented: "We are delighted to enter into this agreement with Drum Property Group, a successful and award-winning property company in Scotland, for the sale of St Margaret's for a cash figure that is significantly in excess of our net book value and the last independent valuation undertaken on the site. The development is in a prime location in Edinburgh for student accommodation and affordable housing. Having owned St Margaret's since 1988 we are pleased that Drum Property, with their expertise and resources, will become the new owners of the St Margaret's site once the Proposed Disposal has completed. The net cash proceeds from the Proposed Disposal will, when received on completion, significantly strengthen the Group's balance sheet and provide funding to enable the Company to accelerate the Group's existing property development programme."
spob
05/2/2018
07:04
Http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/CNN/13520796.html
spob
22/12/2017
12:59
http://uk.advfn.com/p.php?pid=nmona&article=76355165
spob
21/11/2017
08:10
Hi Profdoc, I helped the poor old MM out by selling down some of my large position at around 1.50. best regards and thanks for the explanatory post.
cjohn
17/11/2017
09:22
Hi CJohn, My guess is that they can't get more out of the MM. Sometimes it difficult to buy even 3,000. Another guess: the MM took a risk in agreeing to sell so many at £1.95 because he/she then had to wait for sellers at £1.50 - £1.60 to get the shares in stock. If our enthusiastic buyer wanted say 50,000 the MM might just say no because they don't have that much on their books, and are not confident of getting hold of them - unless. of course, the price went to £2.50 - £3.00
profdoc
16/11/2017
11:23
36k sterling more or less. Hi Profdoc, If they were really sure, wouldn't they have bought more?
cjohn
10/11/2017
09:20
Intriguing - why would someone pay £1.95 simply in order to get a large volume of shares in the bag quickly (large for Caledonian that is)? Why not build a holding slowly? What does this person know that we don't know?
profdoc
09/11/2017
12:41
18794@195p just gone through delayed from 9.02
picnic
09/11/2017
12:39
perhaps someone has put in a big buy order
spob
09/11/2017
11:37
Thank you for the detail, PICNIC. I note the sharp increae in the share price this morning. Is there any special reason for that? Or is it just that they're ridiculously under-valued?
cjohn
09/11/2017
11:29
looks like they have finally got the 2 semis built (43a and 43b brunstane road south)and on the market(Knight Frank) Each for £445k or more. Maybe they can get a move on with their other projects now?
picnic
26/6/2017
09:49
Still neglected - oh well.
profdoc
Chat Pages: 3  2  1
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