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Share Name Share Symbol Market Type Share ISIN Share Description
First Property Group Plc LSE:FPO London Ordinary Share GB0004109889 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 33.50 33.00 34.00 33.50 33.50 33.50 3,081 07:30:14
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 16.3 5.5 4.4 7.6 37

First Property Share Discussion Threads

Showing 1001 to 1023 of 1150 messages
Chat Pages: 46  45  44  43  42  41  40  39  38  37  36  35  Older
DateSubjectAuthorDiscuss
28/10/2019
15:49
The website for Eximius Business Park (previously named Krakow Business Park) in Krakow, Poland shows that there is 23,700 m2 of office space currently available out of a total of 50,000 m2. This represents 47.4% of total lettable space. HTTP://eximiuspark.pl/en/offer-2/ At the time of acquisition in June 2018 FPO stated that "KBP comprises four Class A office buildings with a gross leasable area of some 50,000 m2, half of which is vacant." HTTPS://www.investegate.co.uk/first-property-group/rns/new-investment-in-poland/201806130700051830R/ In Simon Thompson's most recent update on 10/10/2019 he stated that "having invested in upgrading site, Mr Habib says the company is in talks with a potential major tenant with a view to taking over all of the vacant office space." Apparently no further progress with that prospect to date?
speedsgh
28/10/2019
15:37
Last published EPRA NAV as at 31/3/2019 was 57.48p based on an x-rate of GBP1 = EUR0.862 as at that date. (Today's x-rate is almost identical). At the current offer of 42.5p, the share price is therefore trading at a 26% discount to EPRA NAV.
speedsgh
28/10/2019
15:06
From the Preliminary Results released in June: HTTPS://www.investegate.co.uk/first-property-group--fpo-/rns/preliminary-results/201906060700073005B/ "The Group produced a profit before tax of £8.31 million, a reduction of 10.0% compared to last year's record £9.23 million. This reduction was mainly a result of the reduction in income of €2.89 million being earned from the Group's investment in CH8 following the 10,000 m2 vacancy created by Citi Group when it left the property in February 2018, immediately prior to the start of the year under review." The following link would appear to show that there is still approx 10,500 m2 vacant at CH8... HTTP://chalubinskiego8.pl/en/offices/ EDIT - No idea whether the above linked webpage for vacant space at CH8 is kept updated. In the following post-results interview with FPO Director of Business Development, Jeremy Barkes, in June 2019 he states that 2/3 of the vacancy created by Citi Group had already been re-let although there would be a time lag before the benefits of this feeds through fully into results due to lease incentives such as tenant rent free periods and landlord capex contributions towards tenant fit-outs (starts 7m50s). Not sure if this 13min proactive interview has been posted before; worth a listen... HTTPS://youtu.be/xJ4I1ky9dVM
speedsgh
28/10/2019
14:51
Podcast from 9/9/2019 which includes a few interesting snippets... HTTPS://youtu.be/29qLNoH8VkY 4m55s "The retail market in the UK has been hit very hard. It's been a sort of perfect storm for the retail sector. We've had obviously the well-publicised migration of shopping habits from physical stores to online. We've also had minimum wage come in, an increasing minimum wage, whih puts a burden on retailers who employ a lot of cheap labour (for want of a better word). And you've also got business rates that are constraining physical businesses. So they've had real headwinds but, because of those headwinds, retail values have dropped a lot and they've kind of dropped indiscriminately across the sector even though it's principally high streets and shopping centres that were in the crosshairs of the problem. So we're looking quite closely at the retail sector to see if we can find some retail warehousing and some of the discount retailers where there may be better value and more sustainable income streams." 6m24s "In Poland, we're big fans of the Polish economy, we're big fans of the diretion of travel of Poland, and so we are very actively looking for investments there, in fact we've got 3 office properties under offer in Poland at the moment with an aggregate value of around EUR60 million, so we will hopefully be closing those in the course of the next 6 months. Deals take a very long time in Poland; in the UK we would have done that within 4 weeks but I think it will be about 6 months to get those deals done. And we will go on looking for high-yielding property in Poland."
speedsgh
18/9/2019
08:37
Fpo RNS, purchase of own shares, seems like a good move at such a big discount to NAV. Can't see it lasting for to long.
stevegrass777
24/8/2019
14:10
Can you explain to me what is failing about the company. Everything seems to be going great,the only thing that fpo had trouble with was a major tenant moving out and they now have 3/4 let as of the last trading statement. Other revenue streams are now driving earnings upwards along with plenty of other projects that will bring future profits. Nav is always on the up because of new projects and developments. The share price is the only thing that is lacklustre and I personally feel that’s brexit related,although it is misplaced as a big chunk of fpo earnings and nav are in euros so should increase with a duff pound.
stevegrass777
15/8/2019
23:49
CEO invests his MEP salary into his own failing company. Desperate
dogmanager
08/8/2019
17:06
Make that 200,000 shares... 100,000 yesterday and same today.
stevegrass777
07/8/2019
19:39
WOW FUK ME PURPLE A 1.6p DIVI MAN YOU MUST HAVE BOUGHT A LAMBO WITH THAT YES?
chimers
07/8/2019
18:43
CEO patting himself on the back by tweeting his announcement of backing the Company - by buying 100,000 shares.Wow. He spent a whole £40,000.
hiraniha
05/8/2019
13:58
I'm only blinded by the dividends I've had over the past 10 years.
dorset64
29/7/2019
13:17
Certainly not inspired by todays shsre price.
tyranosaurus
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
3800
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.
hiraniha
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.
stevegrass777
25/7/2019
14:09
Chimers said SELL @ 52p Does that make "SENSE" #45pandfalling
chimers
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
stevegrass777
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.
chimers
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.
stevegrass777
25/7/2019
08:14
I did warn you!!
chimers
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.
mortimer7
17/7/2019
15:40
He`s done wonders for FPO. Just look at the two year chart.
tyranosaurus
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