Capital & Regional Share Discussion Threads

[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?

[edward hopper] 16/11/2009 18:12

I know its great isnt it?

[1nf3rn0] 16/11/2009 18:05

Do you think the forecast EPS figure given in the iBall vid takes account of the 2 for 1 share issue? I'm just surprised it's as high as 12.5p - great news if the EPS does come in that high next year as that'd imply a share price well over £1.

[edward hopper] 16/11/2009 17:22

That was a big mistake.imo

[monkeywrench] 16/11/2009 17:12

Oooops, someone didn't find it funny, £100K dumped.

[monkeywrench] 16/11/2009 16:55

Quite funny edit below

[edward hopper] 16/11/2009 16:39

GET ON THAT CHAIRLIFT!!!

[edward hopper] 16/11/2009 16:06

HUNGRY WOLF

Have you seen the iball film on CAL,its only 5 hours old!!

[hungry wolf] 16/11/2009 12:41

as long as the market makers keep loading up @ 39.50 - 39.75 am very happy

[gerrymonty] 16/11/2009 11:45

Not sure. I was just following up on the iii thread mentioned in post 1889 (worth a look). One of the links they posted on that thread was for a story on the property week website. I went to the website, put in my own search for capital and regional and came up with the above story, which is an update on the news intially referred to in the iii thread.

[jeromeribot] 16/11/2009 11:32

looking to breach that 40p barrier at some point soon.

[1nf3rn0] 16/11/2009 10:48

Good find gerry. Do you know if that is better than expected?

[jarvis4] 16/11/2009 10:37

Looks like C&R are selling off parts of their fragmented portfolio but why, given that they now have cash in the bank? Are they building a fund to buy one or more major pieces of real estate whilst valuations are low? That might give them better long term returns than real estate based around out of town, car accessed, retail parks. If the British consumer is going to have much less to spend over the next ten years or so, and oil prices rocket, these out of town parks, with no public transport, will seem so "yesterday".

[gerrymonty] 16/11/2009 10:27

see 2nd to last paragraph

[tdoghouse] 15/11/2009 15:46

Anyone any idea what the current NAV estmate is?

No holding currently - got stopped out the last time.