Circle Property Share Discussion Threads

[hiraniha] 21/2/2020 11:26

Simon Thompson IC Alpha report, released mid-morning.

[spooky] 21/2/2020 11:25

Have these been tipped somewhere?

[spooky] 13/2/2020 14:35

Think these may be on hold until the clowns at Downing are out.

[spooky] 12/2/2020 09:51

I have noticed.

[haroldthegreat] 12/2/2020 09:47

Very quiet here

[tp6] 10/7/2019 08:31

Good results... Circle Property Plc (AIM: CRC), which invests in, develops and actively manages well-located regional office assets, announces record results for the year ended 31 March 2019. John Arnold, Chief Executive of Circle Property Plc, said:"These results endorse Circle's strong business model, our expertise in identifying well located regional office assets and actively managing the portfolio to deliver consistent income and maximum returns to shareholders.This year we have continued to outperform the sector having delivered a 20% increase in NAV, a 12% increase in contracted rental income and have in place the firepower to undertake value accretive acquisitions. In recognition of our confidence in the outlook and in our ability to deliver consistently strong returns, we are proposing a 12.5% increase in the full year dividend to 6.3p per share." 

[tomps2] 10/6/2019 13:49

Video of Circle Property (LON:CRC) Mello presentation by John Arnold, CEO & Edward Olins COO

Outlines what they do. The current portfolio. The board. Their history. Their strategy and the investment opportunity.

[markyjacob123] 01/5/2019 11:37

Anyone point me to some decent research on this company? Seems like there is no proper coverage.

An investor has mentioned it to me but I cannot buy yet.

Please NOT that Edison rubbish.

[trogerswinning] 12/3/2019 16:02

From Shares Magazine

Director Deals - Circle Property Plc (CRC)
11 March 2019

John Arnold, Chief Executive Officer, bought 27,151 shares in the company on the 11th March 2019 at a price of 184.00p. The Director now holds 1,005,122 shares.

[ntv] 23/2/2019 09:31

That is a good rate but my worry again is any placing will hold back NAV as any placing is always at a discount
now a placing around asset value would be good news but not much chance of that in this market
lots of property companies on 40% discount at the moment so pretty much pointless buying property unless on a similar valuation
might as well spend the money buying in it's own shares

[trogerswinning] 15/2/2019 09:23

CIRCLE COMPLETES £100 MILLION BANK REFINANCING


Circle Property Plc (AIM: CRC), the specialist regional UK office investment, development and management company, announces that it has completed an agreement with RBS and HSBC for a £100 million new financing facility. The facility replaces a £55 million facility with RBS agreed in June 2016 and amended in March 2018.


The new facility comprises a senior revolving facility agreement for £60 million, with an "accordion" option to extend the facility by a further £40 million. The facility has a four-year term, with the option of a further two-year extension, at an interest rate of 2.05% over LIBOR.


Looks like an attractive pricing, should give them more firepower.

[dendria] 17/1/2019 17:00

An update by Edison today:

[ntv] 17/12/2018 11:06

results ok , reasonable dividend
at least no PCA takeover
one of only a couple of property companies i still hold
only an initial investment that hasn't moved

[trogerswinning] 17/12/2018 10:41

Strong results. Portfolio looks to be growing very nicely.

NAV up 30% to 275p a share. (NAV up 20% since March 2018.)

25.2% increase in net rental income to £3.80m.

LTV down to 40%.

Very interesting - "Since IPO, Circle has delivered a NAV compound average growth rate of 29.5% and a total return compound average growth rate of 32.1%."

Still making good progress in the leasing space in a slow market.

[spooky] 07/12/2018 11:41

Results late?

[ntv] 01/12/2018 07:58

no results in November as stated in last RNS!!?

[ntv] 27/11/2018 17:38

got a small stake here but don't want PCA shares in exchange

[fordtin] 25/2/2010 09:59

If there's anyone who still tracks this thread, could I ask for your opinion of the Hinoba-an copper project and for any links or research notes you may have.

My reason for asking is that Mitchell Alland is back in control of the project via a private BVI company called Copper Development Corporation which plans to IPO on AIM in the near future.

[aspers] 13/5/2008 17:18

COX.......I dint care where it is going as I sold at 90p after holding for 2 years!!!!!!!!!!!!!!!!!!!!!!!!!!

[coxewan] 13/5/2008 14:51

I would be interested to hear any thoughts on this. I am not sure where this is going with 97% of the shares now owned by 2 different companies so very few shares in free float but it keeps on rising.

[coxewan] 01/5/2008 22:31

Seems that a bidding war is about to break out looking at the valuation at the top of the thread even at £2.80 it is still undervalued.

[19joyns59] 28/12/2007 21:04

To be honest I have no idea as to what is happening here. With the stock in the 160s there seems to be no relationship to the pricing of the Metorex bid. My guess is that there is someone out there building a competing position with Metorex. It could be Glencore, who if you remember were at one point going to be given a substantial stake in the company (via a new share issue). if no-one is there is no rationale to the current share price. Having been in since 40p I sold most of my holding recently at 146p, but I still retain some, but am likely to sell them as soon as I can, given price rise. Go the Metorex or CRC site for all the background info relating to the offer. The risk is that Metorex will get sufficient acceptances to enable it to make a mandatory offer for all outstanding stock and then you'll get 125p or stock equivalent. Given the current share price this would not be clever if you still hold. Take your pick. I don't know what your situation is, so difficult to provide any advice here. Everyone else on the BB seems to have lost interest.

[princey0] 20/12/2007 22:05

Can anyone please help me understand the Metorex bid for Copper resources CRC.

Does anyone know what happens if PI's don't accept either of the offers made by Metorex. Do we still keep our shares in CRC or are we forced to accept 125p cash or the 0.73s share of Metorex for every CRC share. Sorry if this is a stupid question but i've never been in this situation before!!

Any help would me much appreciated.

Regards Princey