Cardiff Property Share Discussion Threads

[c3479z] 23/11/2022 19:23

looks as though they're managing the property cycle well, with plenty of cash on hand now and not thus far tempted into purchases, which was the right approach.

[trcml] 12/7/2021 15:32

Just bought 100.

[tokyojoe007] 25/4/2019 08:31

Results out shortly for CDFF may show further progress, don’t think their sub campmoss is geared any more, far from it after the £15mm sale of one residential health/retirement property, they are cash rich. TopVest mentioned the interesting 5th listed cash shell launched below, 4 years ago now, which subsequently reversed into Aquila 2 years ago, themselves merger of Altair/Murja and since two more investments in growing AssetCore and 3C. CDFF have an investment in Aquila, CEO also has shares in both, they shared an auditor until last month, I wonder why the amicable seperation, but handy should a potential future conflict be avoided. Aqsg also report shortly and may show further progress across their expanding business - minimal chat on this share despite >2,000% shareprice increase in 30 years since he took over, even less chat on Aquila - zero posts, looks quite interesting to me - NIA and DYOR - GL to the handful of PI’s in this one or the other...

[mw8156] 09/5/2018 15:50

glad I resisted the temptation to have my few shares repurchased.

[tyranosaurus] 02/6/2017 09:53

boring can be good

One post since 2012, none since 2014 sounds boring to me.

[topvest] 22/8/2014 19:22

Interesting development


I suspect that Cardiff Property own a few of these as well. Unusual for a main market listing.

[topvest] 07/11/2012 20:56

Yes, it's a JV isn't it? Still low leverage even if you add this in though!

[mw8156] 06/11/2012 22:43

their sub campmoss is geared..

[topvest] 17/10/2012 20:17

Added a few here. Good discount and a well managed company. Directors have also launched a few shells in the past and have a very good record. Directors are also approaching retirement age and so an exit has to be on the cards at some point, albeit could be 5-10 years off. In the meantime, there is a circa 2% yield and a circa. 40% discount and no leverage in the company.
It's a bit illiquid though - only bought a few and the price jumps significantly!

[kevinford2] 11/1/2010 10:18

...Encouragingly, the firm has seen an increase in enquiry levels for both office and residential property during the last few months. Although the firm does not expect a sustained recovery to take place for some time, it has a number of pipeline projects which should help add value for investors as the market improves...

[dan10] 09/11/2007 08:49

This seems v cheap if accounts can be taken at face value. Spread terrible though

[sandbank] 25/10/2006 14:59

The company can't say anything because it's in the closed period. I think the results are out at the end of November or early December. Is there a sniff of something afoot?

[mw8156] 25/10/2006 13:23

Why the surge in the price... is the company going private or to be sold?...

[elsworth] 26/10/2005 16:10

They've probably got hold of next door neighbours deeds.......the neighnours have put tenants in.....and they will probably split the sale with tenants!!

[mw8156] 11/12/2004 14:18

Rumour in the Indepemndent that they are close to selling a property in London for 10m although they dont have any London property.

[mw8156] 28/11/2004 13:03

This company appears slowly to being wound up and thus far very profitably for the sharehilders remaining.

[cockneyrebel] 19/5/2004 19:15

No thread for this stock so I thought I'd start one.

This company trades well below NAV of over £8.

The company today bought back 295K shares, nearly 15.7% from Fidelity, for cancellation.

This is going to boost the NAV further and the EPS nicely.

It leaves Wollenberg, Chairman and CE with 28% - he picked up 20K today too @ 665p, well over the 640p they were trading at at the open.

They seemed to have talked the performance down lately but don't mind buying the shares at a premium.

MBO?

One to watch perhaps.

CR