Capital & Regional Share Discussion Threads

[hungry wolf] 18/11/2009 17:12

das3.
never said one is better than the other.

Got these @ 35 and generally sell the lot once five points up, that is just my rule which i broke yesterday having sold 1/2 my holding

Got WKP simply on market sentiment stating property has pretty much bottomed out.

Barclays Capitol came out today on Bloomberg stating a double dip is no longer a threat and if Brown is right for once, we should be out of the R word b4 xmas.

I will be out of WKP @ 26.75 and hold profits in shares for the very long winding road ahead.

We all have our own strategies; the most important thing is to have a strategy and be disciplined

[madmix] 18/11/2009 13:47

kibes,

NAV is only half the story here. Don't forget the property management business.
CAL should deliver over 6p per share in earnings.

I have some QED too, which is now trading at around an 81p post-rights price vs 123p NAV. Doesn't have the same solid earnings though.

[kibes] 18/11/2009 13:07

This is now trading at round about its NAV. Other property companies are generally at less than this, for example QED which is still trading at around half its NAV and is probably a better run company anyway. Can't see any incentive to buy here. They killed the upside by issuing too many shares in my opinion.

[warmsun] 18/11/2009 12:14

There has been (and may still be?) an overhang of stock....once gone, this will move up swiftly
imv, dyor

[spud brown] 18/11/2009 12:11

its been in this trading range for last 3 months, yet the dow has been pushing in that time, risen 15%

[jimmycarter] 18/11/2009 12:04

Big push in the Dow and resistance will be broken.

[spud brown] 18/11/2009 11:24

i have just shorted it, with my own stock. sold out, will buy back in 2 weeks time

[bigbigdave] 18/11/2009 11:22

Has to break up at some point spud brown, should be fireworks when that happens imo.

[warmsun] 18/11/2009 11:19

If you think that then I dare you to short the stock!

If markets behave this (in my view, dyor etc) is going up!

[spud brown] 18/11/2009 11:15

this looks like its stuck in a trading range, just sold 41p, buy back end of month at 35p

[warmsun] 18/11/2009 10:00

shush....don't say anything.....50p here we come....soon (ish).
End of year...who knows???

Sp ticked down as I type! :-(

[jeromeribot] 18/11/2009 09:38

@warmsun

lol. here's to hoping. thoughts about end of year target?

[das3] 18/11/2009 09:32

hungrywolf: why WKP better than these? Hold both, but unimpressed by WKP half year RNS.

[warmsun] 18/11/2009 09:28

I dont want to tempt fate...but, is that the 40p barrier gone?? :-)

I will regret saying the above, wont I!

[jeromeribot] 18/11/2009 09:28

wonder whether it'll keep its head above water for end of week and / or Month

[edward hopper] 17/11/2009 11:45

yes

good luck HW

[eater24] 17/11/2009 11:07

are all these sells at 40 actually 40 , i keep getting quoted 39.38

[hungry wolf] 17/11/2009 11:02

all details on iii
sold some this morning. got goooooooooooooooood price
will buy more WKP

[edward hopper] 17/11/2009 10:50

Have they found a buyer yet?

[jarvis4] 17/11/2009 09:13

Hungry Wolf

It's in the IMS of 12th November.

[hungry wolf] 16/11/2009 22:31

have not seen this posted

8:42 am, November 12, 2009
MEN Arena up for sale


The Manchester Evening News Arena, co-owned by GE Real Estate and Capital & Regional Plc, is up for sale.

In a third quarter management statement released today, Capital & Regional, which has a 30 per cent stake in the building, confirmed that it is on the market but did not disclose the asking price.

Capital & Regional said the initial interest that had been shown in the arena, which is operated by SMG Europe, had been "encouraging".

Sponsorship and naming rights over the arena could be up for grabs next summer when the current deal between owners SMG Europe and MEN Media expires.

The five-year deal at the arena, which attracts more than 1 million visitors a year, runs out in July 2010.

Capital & Regional also said it had successful completed a £69m firm placing and open offer in the three months to September 30, resulting in the full repayment of the group's revolving credit facility, leaving it with cash reserves of £12m.

It had also carried out the refinancing of two properties in its X-Leisure fund, which also owns the Great Northern Warehouse in Manchester city centre.

[jonno1] 16/11/2009 19:25

dow flying = $ collapsing , that's gonna end well y 'think?