ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

DSC Dev.Secs.

234.25
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Dev.Secs. DSC London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 234.25 01:00:00
Open Price Low Price High Price Close Price Previous Close
234.25
more quote information »

Dev.Secs. DSC Dividends History

No dividends issued between 25 Apr 2014 and 25 Apr 2024

Top Dividend Posts

Top Posts
Posted at 05/11/2015 18:31 by lord gnome
What a horrid looking and rather brutal bit of development that Percy Place scheme is. Couldn't DSC come up with anything more imaginative? How on earth did the Dublin authorities give that planning permission? Probably highly profitable for DSC, but nasty.
Posted at 22/10/2015 09:30 by stevenlondon3
It stands at a discount of over 10% to NAV and the management are dangling the carrot of another special dividend. That should be enough to at least underpin the current share price.
Posted at 22/10/2015 07:51 by skyship
Don't wish to be rude JL & HE; but if we had listened to you many of us will have missed out on the June rise to 290p!

Like most stocks, there is a time to BUY & a time to SELL......even, I grant you, a time to HOLD.

You were both emphatically wrong when you last preached doom and gloom for DSC. As it happens, I'm the same way as you at the moment. Traded out in the 250s the small 5k bought the other day; and now looking for a good re-entry point; but in no hurry...
Posted at 02/10/2015 17:52 by skyship
Sending this:

As a DSC shareholder I hope most avidly that you can be dissuaded from wasting time and money on such an appalling Corporate Identity proposal.

To even imply that the introduction of a new name would mark the culmination of the takeover of Cathedral Group, is to seriously under-estimate both the financial and structural benefits reaped from that acquisition; or more likely to misunderstand the meaning of the word culmination!

The idea of U&I, beggars the question as to its meaning for anyone coming afresh to the re-named Company. If U&I, why not U&Me; We&They; or, even worse Them&Us. The whole concept is fraught with danger, fraught with misunderstanding and fraught with ridicule.

Development Securities and Cathedral Group are perfectly acceptable, descriptive and well-known names. There is no need for change. I’m surprised you have allowed it to come this far. Please do the right thing, put the whole concept out of its misery and get back to the day job!

Yours etc
#########
(an otherwise perfectly happy long-term shareholder)
Posted at 01/10/2015 14:59 by skyship
DSC goes through bizarre price moves occasionally. Today certainly one of those days!

Back to c235p - so back into BUY territory. Discount up to 17% from historic. Likely nearer 20% to prospective.

Regrettably hardly any cash and nothing to sell; but got 5k...


free stock charts from uk.advfn.com
Posted at 18/9/2015 13:48 by speedsgh
I see DSC are still lounging at a substantial discount to the last declared EPRA NAV of 284p as at 28th Feb. Not long until we get an update on the NAV in the forthcoming Interims to 31st Aug.
Posted at 27/5/2015 14:24 by skyship
DSC one of 6 Value stocks tipped in today's IC online. Now up at 270p!

Unfortunately for me I'm now out; still, another good run. Will try to be back in again at a later stage.
Posted at 25/5/2015 09:10 by jimbo3352
I was interested to read in a Sunday Times business article yesterday that amongst a group of bulls predicting that the commercial property cycle had another 5 to 15 years to run, Michael Marx expressed the only bear view with some rather vague global concerns. Perhaps this explains why his departure does not seem to have affected DSC share price?
Posted at 24/2/2015 09:53 by contrarian joe
:


Dev Sec to pay special dividend

24 February 2015 | 08:07am
StockMarketWire.com - Development Securities says it is on track to hit management expectations for the full year and that a special dividend of £10.0m (8.0p per share) will be paid in addition to the final year dividend.

The company also announced that Michael Marx is to stand down as chief executive at the annual general meeting on 14 July.

He will be succeeded by Matthew Weiner who has served as a main board director for 10 years. Richard Upton, formerly chief executive of Cathedral and a main board director of Development Securities, will be appointed as deputy CEO with Marcus Shepherd continuing as finance director.

Masrx will remain on the board as a non-executive director until 29 February 2016.

The group said: "Our performance has been strong in the period, with significant gains generated from our diverse activities in regeneration, development and trading and we are on track to deliver management's expectations for the full year.

"Alongside the disposals previously announced at 399 Edgware Road, North West London and the Telegraph Works, Greenwich, which together have released £35.0 million of cash and could in the near-term realise up to £20.0 million of profit, today we also announce progress at Cross Quarter, Abbey Wood, our mixed-use regeneration project next to the Crossrail terminus in South East London. We have now disposed of the first phase of the residential element of this scheme at capital values significantly ahead of our appraisal values, with construction of these unitsdue to complete in August this year."

At 8:07am: [LON:DSC] Development Securities PLC share price was +5.5p at 243p


Story provided by StockMarketWire.com
0 0
Latest share price and company details:
Development Securities (DSC)
- See more at:
Posted at 04/11/2014 16:12 by citymohawk
Sky - I think it's probably worth pointing out that the DSC float has actually been narrowing.

-DSC have an increasing amount of institutions holding new positions
-Over 1% of the float has been acquired in the last month or so

Yes, FIL, BlackRock, F&C and Ameriprise have all lightened their exposure over the past few weeks/months. Even after this, we have net-buyers in the DSC market.

It is therefore important to note that a price drop may not necessarily be a result of a big seller. A big buyer may be putting in lower bids for stock and creating mini-panic falls. It also works the other way around too. A big seller could in fact make the price rise. I was a seller in the market creating incremental bids (1/10ths) and many of the recent upward spikes in DSC correspond to my auto-fills (to the very second). I nursed a running minus £7k loss down to something like minus £500 (exact figure yet to be confirmed). So the pricing behaviour is without doubt manipulated by cheeky orders.

Whether its wise to sell now or not depends on a few things:

1) How often does one switch on the screen see the price. If it's every day, then I'd say it's wiser to be a seller right now because this is an excellent "relative" price

2) If you are happy to hold and keep your screens off and relax then you have yourself a bargain because this is a £3.00 share without a doubt.

3) Your view on the wider systemic risks which will without doubt have a unforgiving effect on DSC should it be miscalculated. Of course, the greatest of economists will only guestimate this for you so - this is the only gamble in your hold.

4) What is everyone else likely to be thinking :)

Another thing to consider is whether or not the recent institutional net-buyers could be spread-betting firms hedging their exposure in the real markets. If we have successfully spiked out the moronic shorter(s) in their CFD/SB positions then they will be closed out and the corresponding counterparty will need to also close therefore creating a possible flood. Very unlikely, but worth considering.

CM

Your Recent History

Delayed Upgrade Clock