Daejan Share Discussion Threads

[trytotakeiteasy] 18/5/2017 17:29

retsius - me too. There is that end of day sign that a fund or someone is accumulating: 451 shares at 7005. This consistent buying in recent weeks is what has pushed the share price up i.e. someone building up a position.

[retsius] 18/5/2017 16:55

New closing high and on a very dubious day in the market.
Quietly pleased with outstanding performance this year.
R.

[bisiboy] 18/5/2017 13:20

probably polar capital building a holding

[trytotakeiteasy] 15/5/2017 15:18

retsius - yes there was someone appearing to steadily accumulate in the background. Looks like the share available for them to buy ran out. Hopefully the final results are ok.

[retsius] 15/5/2017 15:07

TTTE
New high for year at £70.00. Simon T was hoping for this two years ago but share price wilted.
R.

[trytotakeiteasy] 08/5/2017 11:50

retsius - yes looks positive. I read that about 2/3 of stock movements are from changing sentiment i.e. changing P/E ratios or changing discounts/premiums. I have noticed that there have been end of day buys here at 68 for the last few days. Seems to be clearing out weak holders. However, I notice that shortly after your post the share pice fell back (still shy).

Good value if the NAV is on a medium-term positive trend. I think it is simply due to rental income and reinvestment. i.e. quite apart from underlying property value trends.

[retsius] 08/5/2017 11:18

TTTE
Thanks for input, share price heading for a new high...schhhhhhushhh!
still good value is an understatement.
R.

[trytotakeiteasy] 03/5/2017 18:10

retsius - yes all positive stuff. However, an illiquid and volatile share so could easily get knocked. Two months until the first update for the year to March 2017.

I walked past the Travelodge building site that Daejan owns in the East of the City today. Seems to be coming on ok. Should be finished next year.

Fundamentally, the key drivers here are the NAV and the dividend trend. Daejan seems to be well managed to me and as such we should see progress on both fronts for the six months to March 2017.

It is inevitable that the NAV will be over £100 soon and I think the psychology may change then. I.e. to this is a family run company that is delivering rather than this is an illiquid family run company to be avoided.

[retsius] 03/5/2017 16:55

TTTe
New high for the year
R.

[retsius] 26/4/2017 21:38

Hoping for a run at £68:00
R.

[retsius] 14/4/2017 11:31

Good week for the share price Up £1.90.
Have a great Easter fellow Djan watchers!
R.

[retsius] 11/4/2017 16:45

No... held the rise,
Still cheap,
R.

[retsius] 11/4/2017 16:10

235p
Can it fall back to 'up 5p today?'
R.

[retsius] 11/4/2017 16:01

Err..... 205p!
R.

[retsius] 11/4/2017 16:00

Err..... 195p
Ttie.... I will try and not tempt fate!
Lol
R.

[retsius] 11/4/2017 15:57

180p nice rise
R.

[trytotakeiteasy] 11/4/2017 10:17

retsius - other property stocks have started to recover. Derwent London for example. I think Daejan is just late to the party. Good volume today suggesting this could be a turning point. Three months to full year results. I think Daejan will continue to deliver the goods. Investors seem to overlook the fact the group has premium asset in New York and London i.e. high quality real estate in supply constrained locations.

[retsius] 11/4/2017 09:33

Good rise so far this AM.
Wouldn't put a lot of money on it... then again .....
R.

[trytotakeiteasy] 21/3/2017 15:50

Biggest Travelodge new build hotel set to be owned by Daejan. Should help boost rental income and NAV. Quality bluechip tenant. Completion next year:

www.hospitalityandcateringnews.com/2017/03/travelodge-open-15-hotels-create-325-new-jobs-2017/

[trytotakeiteasy] 20/3/2017 10:48

retsius - surely some mistake we are up so far today!!!

[retsius] 16/3/2017 19:41

TTTE
You spoke too soon!
Must be up tomorrow "!?
R.

[trytotakeiteasy] 16/3/2017 16:33

First day higher for sometime. Time to get out the champagne.

[trytotakeiteasy] 16/3/2017 11:58

retsius - yes I should of sold at £67. Real estate sector in the US got a boost yesterday from cautious Fed tone. Current discount to NAV nearly 33%. Probably now we are in a waiting game until the final results in early July. If there is a surprisingly good results (say above £100) and the dividend gets a boost then the shares are likely to rally.

[retsius] 16/3/2017 10:24

Djan
Fallen for six days,not a position you want to see on ADVFN.
Hope today breaks the downward trend!
R.

[retsius] 10/3/2017 21:12

TTTE
Slightly off the boil together with other property stocks.
Got divvy today, but don't know if I will buy Djan at the moment as there is little immediate incentive to buy.
R.