Cls Share Discussion Threads

[chicken] 15/3/2002 09:18

No one else follow this stock?

[chicken] 15/3/2002 09:01

CLS recently announced a 21% increase in the company's rental income.
The company's net asset value is 365p and while the share price is at 240p
that represents a 35% discount to asset value. Once the city absorbs these latest figures we should see some city interest plus a re-rating.
There already seems to be some interest in cls over the last few days and would expect to see continued rises over the next few weeks.



C

[mimur] 26/1/2002 00:56

Sorry people (its been amended).

[pav 1] 24/1/2002 20:29

pherring seconded

[pherring] 24/1/2002 20:12

With respect, I never understand why people start stock-related threads without mentioning the name of the company in either the title or the opening post.

[shawzie] 24/1/2002 19:52

mimur - no doubt you are aware that this is a family controlled business and no cash dividend is paid. Instead, a tender offer is made which is worthwhile for larger shareholders but for small shareholders is hardly worth the effort of selling 1 in 60 of their holding. It might be interesting to find out just how many small shareholders do take up the offer.
However I agree that it appears to be a well-run Company and a good investment for the long term.

[mimur] 17/1/2002 14:58

"CLS Holdings plc"

Just my opinion of course.
Here is a company at a great discount to Asset value. For some reason it never seems to get any Journalist or analyst coverage or opinions, which is reflected in the # of buy's (hardly any).
Great management, increasing assets, increasing turnover, etc, etc.
HAVE A LOOK and see for yourself.

[oldgeezer] 03/11/2001 00:01

Hi,
I also hold some from last year at around 184p.
I`m no expert on these matters but will be keeping all of mine.
I am happy with the Company and with new acquisitions and lettings announced there will be more cash coming in.
I expect the current share price to go up shortly.
With small holdings such as ours it hardly worth selling them back, better i think to hold for the longer term.

[the prophet] 02/11/2001 13:28

-CLS regulary do this exercise, as an alternative to paying a dividend
-it has advantages, to the company and to shareholders, by doing this
-by buying in shares it increases the nav,especially as the shares are trading at a substantial discount to nav
-with the current price at £2.20 or so, they are giving you 65p for every share sold.
-However, they are buying in only one in every 60 shares
-ie,if you hold 824, they will buy in 13 shares at £2.85= £37
-you might as well take it
-just look upon it as a divi
-you have'nt got any less of the company, as the total number of shares in the co will be reduced.

[madihah1] 02/11/2001 11:46

CAN SOMEONE PLEASE HELP ME. I have received a tender offer of £2.85 per share currently £2.24. Should I sell or is that a silly question also unsure if I am reading the documents that the company sent me correctly. Originally bought the shares at £1.74 and hold 824. Would really appreciate any help or guidance.

[wicky] 30/3/2000 17:54

I am a huge fan of this undiscovered gem because it gives exposure to the hitec sector throgh its own inhouse incubator fund, which is financed not by issuing barn loads of new shares but using its considerable cash pile current NAV is £2.48 per share nearly a £1 premium to its share price also many of the properties in its portfolio are undervalued and are achieving premium prices. This is essentially a solid property company with a free interenet incubator fund built in with protection from the Hitec bloodbath.

[derek wild] 30/3/2000 15:22

ADVFN NewsWire (15:18) - CLS Holdings has sold 230, Blackfriars Road, London SE1, to the Scottish Provident Institution for £20.69m - a net initial yield to the purchaser of 6.95pc. The price achieved is a significant premium to the book value of £18.5m.

The property was originally acquired by CLS in 1994 for £3.9m at a yield of 21pc and, in 1998, CLS received £765,000 from Conoco, the previous tenant, in settlement of dilapidations. Subsequently, CLS spent £6.56m on its refurbishment before letting it to American Express Europe and the Medical Defence Union.




dw