First Property Share Discussion Threads

[tyranosaurus] 29/7/2019 13:17

Certainly not inspired by todays shsre price.

[3800] 27/7/2019 19:29

hiraniha it's just you, I couldn't care if he is a welsh nationalist I'm more interested in how good a businessman he is. I cannot say I'm very impressed with sucess or lack of it in the last few years though

[hiraniha] 27/7/2019 14:44

Dunno if it's just me but if he wasn't a Brexit Party MEP, I'm sure the share price would be heading in a different direction.

[stevegrass777] 25/7/2019 15:44

No, because NAV is higher than that.
The share price is blowing in the Brexit wind. But it will come back when the fundamentals show how cheap it is again.

[chimers] 25/7/2019 14:09

Chimers said SELL @ 52p

Does that make "SENSE" #45pandfalling

[stevegrass777] 25/7/2019 14:04

As per usual what Chimmers says doesn't make sense.
It wasn't long ago that he said assets in Poland and Romania were worthless, then when FPO sell some of these assets he said they sold the family silver.
But as we all know FPO recycle the cash into more lucrative deals one of which was in that audio clip. And Ben Habib always seems to find some cracking deals in property so I'm very happy to hold or add on weakness here.

[stevegrass777] 25/7/2019 13:51

Peter moon none executive director has part of his salary paid in shares instead of full salary.Has done that quite a bit.

hxxps://www.sharesmagazine.co.uk/news/market/6269602/Director-Deals-First-Property-Group-PLC-FPO

[chimers] 25/7/2019 11:55

Its a lifestyle company for directors and a way they can mitigate THEIR risk in the property market using YOUR MONEY.
It will never go anywhere.
It's not supposed to.

[stevegrass777] 25/7/2019 10:13

But the share price is out of kilter with the company's progress and the company has quite a few irons in the fire that will definitely start paying off shortly.
The share price has being bobbing around where it is now for quite some time.
But I feel its like a coiled spring.
The building that was empty for paart of the last financial report is what brought profits down,but we had new profits that took up some slack,now the building is 3/4 let as of last report the profits will be on track to come back strong.
And we have a few more new projects that will start paying off shortly.
So personally I don't have any stop as I believe the company is doing wel and has very good prospects.

[chimers] 25/7/2019 08:14

I did warn you!!

[mortimer7] 24/7/2019 11:18

Steady capitulation of share price has taken this close to my stop price.
Don't really want to be out, but i guess that's what stops are for.

[tyranosaurus] 17/7/2019 15:40

He`s done wonders for FPO.
Just look at the two year chart.

[n13518] 16/7/2019 22:55

Ben Habib MEP who I respect is wrong about impact on our economy if we leave Europe without a deal. Companies are already suffering because of uncertainty and decisions are being postponed by companies on investments. Property market will suffer.

[stevegrass777] 14/7/2019 10:23

Yes I was discussing that with my Farther,and I was saying that Ben Habib has got access to much better deals than I can access here in the UK,and because he is using the Funds scale he can get much better deals than me personally.
So should I use my money to buy UK property on 5% yield or less,minus tax and maintenance or should I give my money to Ben Habib to get 20% yield.
mmmm it doesn't take long to compute that one!!!!

[yupawiese2010] 11/7/2019 21:29

steve777. - The revealing part of the interview I thought was at 27.20 when Ben Habib discussed the property we are in recourse to purchase currently, which will offer a 20% rate of return, with a double digit yield.

[stevegrass777] 10/7/2019 23:47

That's a great find Yupa, Ben Habib is a great thinker and property guy.
Really like what he says.

[yupawiese2010] 10/7/2019 17:59

Ben Habib talking on the property voice podcast.

[stevegrass777] 11/6/2019 10:39

No I don't think it will have much bearing on it,it will be because of the Oxford building being empty for some of the period and the associated loss of rent giving us a temporary lower profit.
Its 3/4 full now and other profits are up considerably so I can see once fully let profits here will be very strong and lift the price.

[hiraniha] 11/6/2019 07:07

Reaffirmation of a buy from Simon Thompson on yesterdays online article.Just wondering. Could the aimless direction of the share price be connected with the news that Habib is not only pro-Brexit, but is now a Brexit MEP.Just wondering if enough investors avoiding stocks based purely upon Director's political leanings is a factor here.

[stevegrass777] 08/6/2019 23:09

Video talking about the results.



[...]

[stevegrass777] 06/6/2019 19:27

I see Chimmers has put a short on again,looks like you’ve done it just before it rebounds,oh well!
Yes the financial report wasn't quite as good as we were expecting,but it has good parts and the company is making progress even while missing the rent from a large company exiting a rental property.
But 3/4 is let out again now and we have increased assets under management and associated income from that is well up on last time so profits will come back strong once Oxford building is fully let.
no wonder 80% of spread betters loose money!

[chimers] 06/6/2019 17:15

Chimers5 Mar '19
16:05 - 549 of 605

Let me be clear ok so you can come back and check.

THIS IS UBER SHYTE AND IT WILL COLLAPSE.

Not "IF" not "MAYBE" not "POSSIBLY" but it "WILL" collapse.

It's built on sand and a promise.
Hey...
Go figure.
IDS.