Capital & Regional Share Discussion Threads

[nick rubens] 01/2/2010 10:57

warranty Raised £69m at around 24p I think (buy 2 for every one share already held). I sold before then and only buy on the dips to 35p for now at least.

[warranty] 31/1/2010 19:14

Apologies if I appear lazy (I am of course!!) but in the open offer, can anyone tell me please, what was the scale of the dilution on shares in CAL?

[jeromeribot] 22/1/2010 09:25

nice big jump up. hit 40 today?

[nick rubens] 20/1/2010 16:31

Might be drifting to the 35p mark yet again. Seems to be doing a wave between 35p and 40p.

[davius] 20/1/2010 15:44

Taken a pasting today, doing far worse that the FTSE. Not much blue about today though. I only have two risers, but currently a good chunk of my ISA (35%) in cash looking for a good home...

[ny boy] 19/1/2010 11:17

Looks good, also holding TMC,RNO, YELL,AFR,

[warmsun] 19/1/2010 11:12

True. Well, I am still holding and am waiting for my just rewards.
Good luck

[1nf3rn0] 19/1/2010 10:53

There wasn't much chat yesterday about the post-close statement either so maybe a lot of the previous posters have sold up and moved on.

[warmsun] 19/1/2010 10:32

I am surprised no other discussion has taken place regarding the trade - it must have some major significance...maybe we will get some positive action over the coming days.

[1nf3rn0] 19/1/2010 10:02

Interesting trade warmsum. Is this what has been holding us back? It's at 40p too which has been our resistance level - almost as if there have been negotiations between two big players to do a deal at the 40p level and it's just been a case of waiting for this deal to go through before the share price starts moving again.

[davius] 19/1/2010 09:57

Very encouraging. Thought we were off to the races today when the bid hit 40p for a time. Still, it looks promising and encouraging to hear that the recent valuation update puts as ahead of the Evolution Securities estimate.

Onwards and upwards.

[dk37] 19/1/2010 08:49

From The Independent Capital and Regional

Our view: Buy

Share price: 39p (+0.25p)

Although it's not exactly boom time, the stock market is getting stronger by the day, forecasters expect next week's official figures to show Britain is out of recession, and commercial property values are ticking higher after a lengthy period in the doldrums. Yet despite this improving outlook, shares in Capital and Regional, the specialist property investment company, remain becalmed.

While there have been signs of life in recent weeks, the stock trades on an 11 per cent discount to estimated net asset values for 2009. But that gap widens to a yawning chasm – 38 per cent – when set against the estimates that Evolution Securities has come up with for 2011. That's an enormous discount and suggests there is some real value to be had in these shares.

In its post-close trading update yesterday, Capital and Regional said that, in keeping with the broader strength in investment markets, the valuation of each of its UK funds improved in the fourth quarter of 2009. The Junction Fund, for instance, saw its property values rise by 10.6 per cent. Adjusting for a recent disposal, that is some 8 per cent ahead of Evolution's estimates.

The company said that its tenant markets continued to pick up in the fourth quarter, with collection levels improving, the number of tenants in administration falling and occupancy levels remaining stable.

The German portfolio's defensive characteristics remain evident – both occupancy and collection rates, for example, sustained the high levels seen in previous quarters. All this suggests that the shares should do much more than hold their own. Buy.

[warmsun] 19/1/2010 08:41

massive trade!

[warmsun] 19/1/2010 08:11

L2 presently looking pretty good for us to have a go at getting over the 40p hurdle!

[1nf3rn0] 18/1/2010 15:46

Looks like there was an order being filled as there were no reported trades for over 3 hours and now they seem to be flowing through again and the share price is moving up

[1nf3rn0] 18/1/2010 10:38

There was a couple of big trades early on but looks like the share price is being held back at the moment. Would've expected to be through 40p on this update.

[nilip] 18/1/2010 09:44

Should see a break of 40p, if not today then over coming days.

I can envisage CAL moving gradually higher from here ...

This is a positive update and what appears to be a very nice recovery play.

What nickcduk says above could well be a likely scenario - in which case we could well see CAL rise quite sharply should such events materialise - that would be a bonus.

However, irrespective, we should see a nice steady recovery from CAL from here on.

[1nf3rn0] 18/1/2010 07:51

Yes it does. Let's see how the market responds. This could be the news that sees us break 40p at last.

[jimmycarter] 18/1/2010 07:08

Looks good!

[nickcduk] 12/1/2010 19:33

CAL is getting some love following INRE bid talks. CAL has sizeable assets under management and is an attractive acquisition opportunity.

[davius] 12/1/2010 16:34

Looking like a 39.75p close unless we get a few more orders in the last half minute of the closing auction...

[davius] 12/1/2010 14:43

My only blue on a dog of a day in the markets, 6 days of solid gains before today. And today was a positive for much of the morning too, until the sell off began. 11 fallers, 3 non movers, and CAL. Bummer.

[whiterussians] 12/1/2010 13:44

cyberbub - 11 Sep'09 - 20:30 - 1510 of 2006


Let's not forget about the fact that CAL have now got £50M-odd in new cash from the RI as well!!


nice!!

[smurfy2001] 12/1/2010 10:48

Will this finally be a breakout?

[warmsun] 12/1/2010 10:47

14369 (2) v 165800 (4)