Derwent London Share Discussion Threads

[jonwig] 22/11/2007 14:20

Seven directors just bought 139k shares between them, around £13.60 per share - total ~£1.9m.
Massive vote of confidence in the company (which I don't know all that much about ... must do some research), but also in the sector as a whole.

[hamsterwheel] 31/8/2007 09:59

Ta for that

[hamsterwheel] 09/8/2007 13:54

Very active at the moment

[kenmill1] 09/8/2007 09:40

A white knuckle ride if they are

[mctmct] 08/8/2007 12:27

Is anyone here day-trading DLN successfully?

[hamsterwheel] 19/7/2007 09:12

Good results from Great Portland dragging DLN up

[hamsterwheel] 13/7/2007 09:18

Some good prices achieved for Greenwich etc but the market seems not overhappy !

[kenmill1] 12/7/2007 09:28

This is beginning to look like a good period to get back in if it drifts much lower on such small volume.

[jackal2] 28/6/2007 12:38

it'll come back theres some good thinks happening in the pipeline that i'm assured of.

[mctmct] 28/6/2007 10:15

How can a £2bn company with assets like DLN, be this volatile?

[linhur] 22/6/2007 16:53

I am still holding DLN as I always rated Derwent Valley as a strong developer but never bought any shares as they were too highly rated. i will take the opportunity to increase my stake in the coming commercial downturn.

[kenmill1] 08/6/2007 10:42

Elmfield

Yes, I did the same. I only have a few left as well. Sold most after the merger at just over £22. I am also inclined to hold the rest.

[elmfield] 07/6/2007 16:22

hard to call. sold a lot of LMS over last year or so, still left with a few of these, more downside than up just now.imv; but going to hold and take the yield!

[kenmill1] 07/6/2007 09:34

Having been an LMS shareholder since 1995, it is difficult for me to assess whether to continue to hold these. Part of the attraction of LMS was its diversity and long track record of good deals. Now the combined group is selling everything not in Central London, and the maturing of the commercial property cycle leave a question mark. Any views from holders of Derwent before the merger ?

[mctmct] 07/6/2007 09:24

Derwent London sees sales of over 150 mln stg as deals in advanced stage UPDATE

(adding detail on expected disposals, current market)
LONDON (Thomson Financial) - Derwent London PLC said a number of further
sales are at an advanced stage and marketing of its residential site at
Greenwich has begun, which together should realise over 150 mln stg.
In an AGM statement, chairman Robert Rayne said the target date for
conversion to REIT status is July 1, adding that the company's strategy was to
work towards a REIT focused exclusively on central London real estate.
He added that the majority of disposals will occur after the converstion to
REIT, to benefit from the saving of capital gains tax that the REIT environment
offers.
Rayne said tenant demand for space in the company's central London villages
remains very strong and so far "excellent rental growth" has been seen during
the current year.
The company expects this pattern to continue given the insufficient supply
of Grade A offices in the West End.
"We continue to make good progress on our extensive pipeline of current and
future refurbishment and redevelopment projects," Rayne added.