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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 1051 to 1075 of 1150 messages
Chat Pages: 46  45  44  43  42  41  40  39  38  37  36  35  Older
DateSubjectAuthorDiscuss
27/4/2020
08:47
Yes so please this sale went through! Was getting a bit later than previously said, But I'm certain this type of sale has some back out clauses anyway. But as said this deal is transformational! Brings cash up, although I prefer cash to be working in sorm for of investment the markets do like a bit of cash on board especially in times like this!
stevegrass777
27/4/2020
08:47
Yes so please this sale went through! Was getting a bit later than previously said, But I'm certain this type of sale has some back out clauses anyway. But as said this deal is transformational! Brings cash up, although I prefer cash to be working in sorm for of investment the markets do like a bit of cash on board especially in times like this!
stevegrass777
27/4/2020
08:44
I`m pleased that this has finally completed.
tyranosaurus
27/4/2020
08:13
Fantastic news, this "transformational" deal has now been completed. FPO ridiculously undervalued given cash balance - this will really rocket when this is realised.
bramcych
22/4/2020
09:41
seems strange that VAT is a topic for the sale I would have thought that VAT was payable, normal thing in mainland Europe 7% in some countries if so it would be ~3.08 million euros !! office block purchase vat in Poland = ? % does anyone know the % perhaps the buyer wants to offset the vat cost against vat that they have paid out for other functions of their business....or some other offset or reduction ---- the delay imo is not good for FPO unless they took a non-refundable deposit --- I wonder if the vat could have been avoided by the holding in the tower block being owned by a company in a tax haven & the company being sold (which produces no change in the Property Register in Poland, so perhaps no vat) but if it was allowed then surely FPO would have done it
smithie6
22/4/2020
09:14
Are you thinking of the sale announced in this RNS on 23.12.19 ? hTTps://polaris.brighterir.com/public/fprop/news/rns/story/xqj2dlw It says that FPO "... has entered into a contract for the sale of one of its Group Properties, a 50.3% interest in Chałubińskiego 8 (CH8), an office tower in Warsaw, Poland, at a price of €44 million. Completion of the contract is deferred until the treatment of VAT relating to the sale has been approved by the Polish tax authorities, which is expected by 31 March 2020." There doesn't appear to be a more recent announcement on this topic.
jgh03
21/4/2020
22:42
This is commercial not residential, depending on how the contract is written it can cost more to cancel than to go ahead. I think it was to complete in April. I would imagine it was a big corporate client. Not many tin pot firms sign up for millions of pounds worth of commercial property. And I don't think it was to let out I thought it was to use themselves. Can't remember what was said.
stevegrass777
21/4/2020
20:46
imo the sale will have fallen thru if I remember correctly it was supposed to complete at the end of March....& then April...ie. the buyer didnt complete at the end of March anyone making a big purchase in these days with most ppl at home in lockdown, would be nuts (unless they got a big discount), unless they were a super big company who would not notice at all if there were any rental or occupancy difficulties at the building due to the virus crisis ---- did the buyer pay a non-refundable deposit ? no idea
smithie6
21/4/2020
14:55
It better do! Hopefully fpo have some big juicy back out clauses in, so either way fpo do ok
stevegrass777
21/4/2020
11:48
Is this building sale in Poland going to complete in April ? I have my doubts.
tyranosaurus
09/4/2020
11:46
Shares in FPO have rallied since Simon Thompson's article on 26 March in I.C to level at which CEO Ben Habib announced purchase of 190,000 shares (39.11p) on 2nd March. But still 40% below S.Thompson's estimate NAV of 66p, a figure which EXCLUDES fund mgt division.
yupawiese2010
07/4/2020
11:24
and its doing the same today. +10% lurvely jubbly :-)
smithie6
07/4/2020
07:11
nice price rise yesterday the fall in the price to the 23p area didn't last for many days
smithie6
06/4/2020
11:21
looks like the MD had perfect timing with his share buy, at ~ 23p
smithie6
26/3/2020
15:58
Should there not be an announcement to this effect as the last we heard was "before the end of March"
tyranosaurus
26/3/2020
14:37
He says Ben Habib confirmed that he expects this to complete by end April
bramcych
26/3/2020
13:53
does he mention if he thinks the building sale in Poland will complete ??
smithie6
26/3/2020
13:42
ST buy recommendation - he made the great case for investing that us long term holders know. He laid it all out MASSIVELY undervalued!
bramcych
26/3/2020
13:03
Plenty of bounce now; RNS re Poland imminent?
bigboyblue
24/3/2020
20:43
Why has this heap of dung not bounced like loads of others ? Need confirmation that sale will still be taking place and a firm date.
tyranosaurus
17/3/2020
19:25
First Property announced the sale of its 50.3% share in CH8, an office tower in Warsaw at €4m premium to its recently assessed market value, generating £3m profit. Completion expected before 31/3/20 after which group cash should rise to £25m / 22p per share. Therefore the cash element in just a few weeks should stand at 22p per share yet the share price is just 25p for the whole group, - its a strange world we live in.
yupawiese2010
17/3/2020
19:02
Just tweeted by Ben Habib. Great package of support offered by @RishiSunak. £330billion to help businesses - 15% of GDP. That’s a proper bazooka and it is aimed at supporting UK plc, not just the banks.
yupawiese2010
27/2/2020
09:37
Chimers25 Nov '19 - 15:53 - 661 of 669 Edit 0 0 1 Not wrong in the slightest. After the ST, IC, pump today this will drift right back down. Thats all it rose for today. IDS.
chimers
25/12/2019
16:50
This is a reply on twitter from fpo themselves "@FpropPlc announced sale of its 50.3% share in CH8, an office tower in Warsaw at €4m premium to its recently assessed market value, generating £3m profit. Completion expected before 31/3/20 after which group cash should rise to £25m / 22p per share. See hxxps://t.co/FvLmwQrwHu." "The sale was at a 10% premium to its last appraised value and should release €19.6m / £16.7m of net cash after tax and after repayment of the bank loan secured against the property."
stevegrass777
23/12/2019
11:38
With a oile of cash And even higher NAV I am sure some more buybacks also make sense!
catsick
Chat Pages: 46  45  44  43  42  41  40  39  38  37  36  35  Older
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