Cls Share Discussion Threads

[cockneyrebel] 16/9/2009 19:29

Agree GI - been a little cracker. I think the buyers increase as the spread narrows.

530p. NAV 720p a share but since that NAV they have sold property at a premium to the b/s value. The 720p was up 10% from 6 months earlier.

I bet the NAV come the next results could easily be pushing £8. If you said 770p they are still trading 30% under a rising NAV. I bet there's a comfortable 20% to be had yet in the short term.

IERE broke out today, trading well under the 103p NAV.

Bad luck with CHNS - I just ain't comfy with those Chinese stocks. Glad the pension is doing alright :-) My pension is up nearly 100% since March, wife's is up 250% since march - about 110% combined. This market crash has proved to be a blessing - I'd never have done that if the market had stayed going up as it was 2 years ago, the crash created some terrific bargains and I bet we haven't seen them all yet!

CR

[cockneyrebel] 14/9/2009 15:51

Rising again - intraday dip being bought up - got to be going to £6 short to medium term imo.

CR

[djalan] 06/9/2009 23:25

Sam
Thanks for that

re post 4
I bought LAND

AKA pillion

[sammu] 06/9/2009 23:11

Pillion
I don't know what that is going on about - use advfn financials info at your peril.
I've held various quantitities of this share for most or all of this decade, and I don't recall having even recieved a dividend. They do distributions via tender offers, half yearly or ad hoc as it suits them. Cheack out the last couple of annual reports or Final results RNS releases.

Yes it was tipped in IC, haven't read it.
Sam

[cockneyrebel] 04/9/2009 10:28

Yep, going well today - tipped in IC?

CR

[cambium] 04/9/2009 08:34

made that £30 back today and more

[cockneyrebel] 03/9/2009 19:31

Yes, was such a rapid gain I thought it might not last but after selling I looked through the details again and thought 'oh no, what have I done?!'

Anyway, the turn cost me £30 so not the end of the world - slapped wrist tho.

CR

[cambium] 03/9/2009 16:48

shame on you CR, ahem welcome back!

[cockneyrebel] 01/9/2009 19:18

Traded out late last week after such a rise bit bought back today - absolute clear strength here the way it has held up. Suspect the director buying is a major source of confidence.

CR

[greek islander] 27/8/2009 12:48

Two purchases by me this morning and neither showing as trades. I have doubled my holding today. Also cashed in a sizeable spreadbet win and started another bet first thing this morning.

Good luck to all holders.

[martincc] 25/8/2009 12:13

CLI still looking good value, NAV up 10% in past 6 months to 603p partly on revaluations, but still good going in the present climate.

Some comments in company reports today,

Development Securities DSC

NAV down 11.1% in 6 months to 30th June

Have been buying again in recent weeks

Cautiously optimistic that the market is now close to its low point

'Some GBP27.0m has been spent on four acquisitions since the fund raising including the purchase of a bank loan believed to be the first such acquisition in this part of the cycle
Interim dividend maintained at 2.4p (30th June 2008: 2.4p)
In recent weeks, we have secured a number of new properties for our portfolio.'

'The investment property market decline has decelerated recently and we await to
see the impact on valuations caused by further likely rental declines and
increasing voids. We are cautiously optimistic that the market is now close to
its low point although we are guarded against a possible further downward shift
should sentiment still worsen with regard to the general economic climate in the United Kingdom'

And from CLS Holdings CLI

NAV is UP 10% from 548p to 603p in 6 months to 30th June

'but with tentative signs of stabilisation in areas of the market, we expect that opportunities will become more widespread in the first half of 2010'

Adjusted Net Asset Value per share* 719.2 pence, up 11.1 per cent from 647.2 pence at 31 December 2008 (Statutory NAV per share 603.2 pence, up 10.0 per cent from 548.4 pence at 31 December 2008).

We are pleased to report that our adjusted net asset value per share has risen
by 11.1 per cent to 719.2 pence per share, against the backdrop of a continuing
depressed property market. This is partly a reflection of some of our
properties being re-valued upwards in the UK, particularly those with long
government leases.

Real estate investment markets remain suppressed, but encouragingly they are
most active in the smaller lot sizes under GBP35 million or EUR40 million, where
funding is becoming more readily available; this is the market which has always
been important for CLS, and within which most of our properties by number
reside. We have yet to see the introduction to the market of distress or
fire-sale assets, but with tentative signs of stabilisation in areas of the
market, we expect that opportunities will become more widespread in the first
half of 2010.

[deltrotter] 25/8/2009 08:26

Use the other thread lads eh? Its got charts in it...

[cockneyrebel] 25/8/2009 08:18

Loverly breakout and no real resistance till £6 :-)

Rising NAV and great director buying.

CR

[cockneyrebel] 25/8/2009 08:00

NAV increased here - there's a rarity.

CR

[greek islander] 24/8/2009 12:38

Already showing big SB gains have now added to my stock purchases today at a bit under £4.

Also bought TEF to add to my Savills and RMV.

CR - I agree with you, property plays could be very strong over the next 6-18 months just hope I have the strength of character to keep hold of them if they start rising. My RMV already up almost 40% in just about a month and Savills gained 19% in a similar period.

[greek islander] 21/8/2009 21:18

Yes CR great day today.
Invested am and added a sbreadbet a few minutes later which has already gained me £1k. Good run!

[pillion] 21/8/2009 11:22

Sammu

Looks like a divi here

08 Mar 2007 Final GBP 18.70 31/12/2005 31/12/2006 - - - 69.90

[sammu] 21/8/2009 10:27

They have never paid a dividend, they do tender offers at a premium instead, for tax reasons.

[pillion] 20/8/2009 17:55

Any chance of the dividend being restored ?

[deltrotter] 20/8/2009 17:50

looking at the results from last August they had 55% public / non-private sector tenants, so I am guessing rental incomes will be reasonably stable. Also a lot of the rents are for long term agreements.

Plenty more to come with CLI I reckon. AIMHO

[cockneyrebel] 20/8/2009 17:40

CLI results next week I believe.

The Chairman bought nearly 500K @ £3 a piece in June.

CR

[pillion] 20/8/2009 17:36

Considering investing in property shares

CLI or LAND ?

[liam1om] 20/8/2009 15:12

Yes thanks much better :-)

[deltrotter] 20/8/2009 14:39

Thanks for the new thread with charts Cambium.

Cheers

Del