Capital & Regional Share Discussion Threads

[dnfa1975] 05/9/2010 11:03

wongman - 31 Aug'10 - 18:35 - 2175 of 2177

What's the most realistic bid offer?


60p from a Chinese Soverign Wealth fund would be acceptable to me. I am happy to take yuans.

[topvest] 05/9/2010 10:04

It's all looking a bit more positive here now.

EPRA net assets of 52p.
New management.
Laxey picking up shares.
Profitable asset management business.
Great Northern Warehouse sale muted.

Looking at the financials, I can't see any reason why there shouldn't be a dividend this year, particularly if the Great Northern Warehouse borrowings get repaid. Looks like the forecast is 0p this year and 1p next. Some chance of this being moved forward I suppose?

[nicd] 03/9/2010 08:00

tick up today but a long way to go before being cheerful

[wongman] 31/8/2010 17:35

What's the most realistic bid offer?

[master rsi] 31/8/2010 10:23

Do I see someone's "knickers" being soiled, and does not know how to clean them!

[dnfa1975] 30/8/2010 21:40

looking like bid action to me

[master rsi] 30/8/2010 20:12

I have come across Investor Chronicle from 17th August.
I post it below in case anyone hasn't seen it.

Property fund manager Capital & Regional is restructuring its way towards recovery, reporting increased net asset value, a return to profit, and healthy valuation gains at its three main funds.

Following on from last month's , it completed the £136m disposal of four shopping centres at a 6 per cent premium to book value, days after releasing interim results. The sales will reduce gearing in the fund, with a target of reaching 65 per cent by 2014. Across all three funds, disposals of £378m were made in the first half of the year.

The 'magnifier' effect of gearing means C&R's NAV gains have been the highest in the sector, although with experts predicting a 'double dip' in values ahead, this outperformance could have a time limit. However, on balance sheet borrowings are under control, and the anticipated sale of the Great Northern Warehouse will restore a net cash position.

In future, C&R could benefit from consolidation within the property funds sector, having shown its prowess in complicated commercial mortgage backed securities refinancing. "We've got through a process a number of others are just beginning to come to terms with," says chief executive Hugh Scott-Barrett. "Consolidation opportunities is one area where we should focus our energies."

Broker KBC Peel Hunt forecasts headline NAV of 59.2p this year, up from 47p in 2009.

[horndean eagle] 27/8/2010 14:09

I think a bid isn't too far off. Laxey might get aggressive and force Park Dev to do the decent thing and launch an offer. Fund management arm is in at a negative value at the current valuation.

[thereisonlyonewai] 27/8/2010 14:05

A very slowly rising phoenix. :)

I have no idea what's going on with all those trades - i just hope it's a positive step.

[nicd] 27/8/2010 14:02

yes, coming up nicely, only one of mine to do so

[1nf3rn0] 27/8/2010 13:52

Bit of life been breathed into this one today. Rising like a phoenix (well kind of)

[dcd] 27/8/2010 09:58

paragon no i am here with you sitting on my 50.000 shares with a price of 36p, this is one to just sit on IMO as it will come good one day.

[paragon157] 26/8/2010 12:20

Well plenty of strange Trades over last couple of days and again today .. The Bids gone up a bit !

Am I the only one on here ? .. Lmao

[paragon157] 24/8/2010 12:46

What the hell is going on with this Stock it's Farcicle ! .. Lmao at it all

[paragon157] 17/8/2010 08:56

Yes this is like watching "Paint Dry" .. Ridiculous !

[kibes] 16/8/2010 10:54

Is this ever going to move in any direction? We seem to have been stuck around 31p for weeks. Even a move down would break the monotony. Is it a buy, sell or hold? Don't know.

[quickmind] 15/8/2010 09:49

Browsing the latest H1 results, I noticed

see-through basis
See-through net debt
see-through valuation
"see-through" balance sheet

Are they in fashion business (hand bags?)!!!

[flugelhorn] 13/8/2010 09:15

2.5mill buy (yes million) Director???

[postiga08] 12/8/2010 09:38

why are there so many replacement reports?

[wongman] 10/8/2010 15:54

MM lowering share price to scare sells because they want stock for the next couple of days IMO.

[postiga08] 09/8/2010 08:51

what are ppl expecting from the results??