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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Equable Prop | LSE:EQU | London | Ordinary Share | GB00B1PJFT25 | ORD 1P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
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| 0.00 | 0.00% | 0.50 | 0.00 | 01:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
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| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
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| - | O | 0 | 0.50 | GBX |
Equable Prop (EQU) Share Charts1 Year Equable Prop Chart |
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1 Month Equable Prop Chart |
Intraday Equable Prop Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 06/4/2008 | 11:57 | EQUABLE PROPERTIES. Desmond Blooms Next Big Winner.!! | 37 |
| 30/3/2007 | 09:40 | EQUANT NV - are they interesting? | 13 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
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| Top Posts |
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Posted at 06/4/2007 08:39 by topvest Given this is a property company with a NAV closer to the issue price, not surprising it's fallen. The big question is did they over-pay for the pubs in the first place?Had a look at the prospectus. Most of the properties were valued based on the current long leases in place. If valued based on vacant possession the values are significantly lower...e.g. one of them is valued at£800k based on the occupational lease and £450k based on vacant possession......This looks like a real dog! |
Posted at 01/4/2007 17:15 by lord santafe Looks like you have all been had on this one. Since you all bought into the wrong one, is the right new issue to get into which only just floated on Friday afternoon.Davos Resources does have a gold mine worth 2 pound per share in 2010. At moment the shares are just 10.5p to buy. I am in for more first thing on Monday. DVRS is the epic code with a tiny 5.5m market cap. Every buy seem to push up the price, but still this is no ramp since the fundamentals speak for itself. |
Posted at 30/3/2007 16:35 by kneath Hupgowat / 5dally: As I said in my above post "Given the smoking ban, in the short-term this can only get even worse". The fact is, in Ireland the smoking ban did adversely impact 'in the short-term'. Weatherpoons have already produced their update and clearly stated that in Scotland, the no-smoking ban had hit their profit line. It takes some-time for the benefits of non-smoking to realise. Unfortunately, bottom end pubs tend to be managed by bottom-end managers with bottom-end skills. Given the rents they pay and the low GP they deliver due to small vol throughput, they barely break-even. They are not in the postion to invest in upgrading their kitchens to a level satisfied by the EHO to look for the obvious alternative forms of revenue i.e food. They will simply go bust but only after months of no-payment of rent. Given the industry in which we now communicate I would imagine that your profile would not endear you to the sort of pubs that you can buy for £475,000. Not nice. If you are suddenly conjuring the image of Country Taverns, Harvesters, Toby Restaurants, Farmhouse Inns and the like, think again. Each of those would have a price tag in excess of 1.5m - and that woould not be a particularly successful one. Think more of a rough & knackered Rovers Return for £475000 |
Posted at 30/3/2007 15:47 by kneath Point of concern. If the portfolio of 10 pubs was bought at approx £4.75m(inc shares), that values each at £475,000. If they were bought as a going concern, an element of that value will be in the price paid. Having spent 22 years in the pub game, my view is that these are bottom-end pubs, which will be radically affected by the imminent change in smoking-legislation. They may be devalued by the inability of the management to make a profit leading to potential forfeiture of the rental income compromising the yeild. Furthermore, one of the larger chains (i genuinely cannot remeber which) recently announced the disposal of a significant tranche of their bottom-end pubs for this very reason. They will not be the only company. Additionally, 2 years ago it was a mucch-bandied statistic, that at any one time, approx 10% of Britains' pubs were for sale. It can only get worse. Given the smoking ban, in the short-term this can only get even worse. Whilst I am inspired by 'some' of the management (Coffee Republic?), I would have been keener to invest were they in any property but pubs at this time. Let's hope they diversify & promptly! |
Posted at 30/3/2007 15:24 by 5dally Nothing goes up in a straigh line but I'm very tempted with this one,Are you in jarvisd4e? and at what price |
Posted at 30/3/2007 15:20 by jarvisd4e Equable has raised £1,554,900 before expenses via the placing of 111,064,286 ordinary shares at 1.4p per share with institutional and private client investors ("Placing"). |
Posted at 30/3/2007 14:29 by topinfo This newcomer from Desmond Bloom looks set to soar. Take a look at his previous investments, listed below.!!!Embargoed: 0700hrs, 30 March 2007 Equable Properties Plc ("Equable" or "the Company") First Day of Dealings Equable Properties Plc, the commercial property investment company founded by Desmond Bloom, is delighted to announce that trading in its shares on the AIM market of the London Stock Exchange will commence today. The Company, which intends to build a sizeable portfolio of commercial property to include retail, offices, industrial, hotels and pubs, has today completed its first portfolio acquisition. The portfolio of ten pubs throughout England and Wales has been acquired as to £4.5m of cash and the issue of 12m shares in Equable. Property valuers Knight Frank have valued the portfolio, with an initial yield of 8%, at £5.7m. Equable has raised £1,554,900 before expenses via the placing of 111,064,286 ordinary shares at 1.4p per share with institutional and private client investors ("Placing"). In addition to expanding its core portfolio in the UK, Equable intends to explore opportunities internationally and, in particular, within the developing economies of Eastern Europe. Desmond Bloom, the founder and Chief Executive of Equable, has more than 30 years experience within the commercial property industry. He was Chairman and Managing Director of Dwyer Plc which was listed on the London and Dublin stock exchanges. He later became Chairman and Managing Director of Premier Land Plc, a commercial property investment company listed on the London Stock Exchange. Both companies enjoyed tremendous success under Desmond's directorship with the shares increasing from 6p to 405p and 5p to 95p respectively. The non-executive Chairman of Equable Properties, Nicholas Jeffrey, has considerable public company experience and, most recently, was Chairman of Coffee Republic Plc, where he continues as a non-executive director. Nicholas is the former Chairman of United Industries Plc as well as several other quoted companies. Desmond Bloom, Chief Executive, commented, "I am strongly of the opinion that commercial properties will continue to enjoy capital appreciation as a result of rental growth in a buoyant UK economy. For this reason, we are delighted to offer investors a platform, in the form of Equable Properties, to participate in what I intend to be a diverse and solid UK portfolio with the possible additional upside of potential exceptional returns from the developing economies of Eastern Europe." For further information, please contact, Desmond Bloom Chief Executive, Equable Properties Plc Tel. 07793 125 625 Ben Simons Hansard Group Tel. 020 7245 1100 Robert Lo/Natasha Reed Nabarro Wells & Co. Tel. 020 7710 7400 Placing and Admission Details Placing Price: 1.4p Number of Existing Ordinary Shares: 5,000,000 New Ordinary Shares being issued pursuant to the Placing: 111,064,286 Number of Ordinary Shares in issue following the Placing: 129,850,000 Percentage of enlarged issued ordinary share capital being represented by the Placing Shares: 85.53% Percentage of enlarged issued ordinary share capital held by the Directors: 9.35% Market capitalisation on Admission at the Placing Price: £1,817,900 Net proceeds: £1,070,692 EQUABLE PROPERTIES PLC |
Posted at 08/3/2002 23:07 by jhan66 Check out ITXC for new millenium telco market.They're the largest global wholesale VOIP Carrier. All experts & analysts predict massive growth in this market at the expense of old Telco's. Share price completed a 2002 double bottom today. They've got cash, but don't kid yourself this is a high risk share, dont bet the mortgage. I am a shareholder, but dont want to appear as a ramper as well |
Posted at 06/3/2002 08:20 by jhan66 from memory - so check the actual facts:Equant is half owned by France Telecom & half by SITA. It is a superb global network operating in many places not supported by Tier 1 Carriers. SITA is a consortium of airline operators (like Visa to the big Banks). Big selling points is security, back-up etc. -think one of their biggest customers is Walmart. $ price went up to $100/share but crashed in the telecoms bloodbath. Sita were perceived as an expensive carrier in comparison to Level 3 etc. France Tele bought in about a year ago, came up with the financial support which was probably needed. Can't really comment on share value & prospects - it's really down to the general malaise in the telecoms market. Should be a reliable niche. Best of luck. |
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