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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 19,284 07:30:16
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 1101 to 1125 of 1150 messages
Chat Pages: 46  45  44  43  42  41  40  39  38  37  36  35  Older
DateSubjectAuthorDiscuss
28/11/2020
11:45
Problem with the share price @ 37p is that at a 32% discount and a 4.5% yield, FPO actually look fully priced against so many UK REITs - BREI & SREI in particular. Then if you want a UK/Europe mix CLI far better value on a 39% discount.
skyship
27/11/2020
10:37
Thought results were positive and as expected in terms of financial numbers (NAV and cash resources), and hopes for the future, but noted the view on reduction on reduction in rental income in the short term and the need to reinvest relatively soon. FPO certainly has a stable setup to leverage upon, and the financial resources to take advantage of these opportunities and as always the potential is there, and is on my monitor list. Still holding back till can see the direction/appetite for non-uk property looks to change in market.
jpmorgan
27/11/2020
09:44
Yes with the NAV performance it's hard to explain fpo as a lifestyle company, it's just the share price has lagged nav.
stevegrass777
27/11/2020
09:32
Disagree... they are too active and successful for that description.
blobby
26/11/2020
14:50
Another Lifestyle Company.
fanshaw
26/11/2020
09:07
A holder over many years and will be good to see the current 'cycle' play out. share price way under current NAV and whilst we may have to be patient I see significant growth in the medium term.
wobblywilbur
26/11/2020
08:48
Exactly catsick, these are very compatant property investors and are cashed up going into a distressed market. Very undervalued
stevegrass777
26/11/2020
07:41
These guys are smart, ran very leveraged but with non recourse debt in a hot market and now are cashed up when there are bargains to be had, massively out perform the reits and now can grow aum by 300m by deploying cash in a buyers market
catsick
25/11/2020
17:52
i think one of the main reasons there's a lack of interest in the shares is because it's not a REIT. most income investors only look at REITs. because FPROP change their approach based on market conditions, this unpredictability puts a lot of people off. all their direct investments are in eastern europe which again most conservative UK income investors will not be interested in. all of this doesnt affect intrinsic value, but it does make you wonder if this lack of interest limits a revaluation to NAV. at least in the short term, i'd like the shares to fall as i've yet to make my purchase! i'll be reading tomorrows results with interest though.
m_kerr
23/11/2020
16:28
That's fair JPM. I've built a position over the last couple of weeks. Looks too cheap for me
leopoldalcox
23/11/2020
14:03
There us a lot of positives when looking at the company in terms of financials and potential to grow with a few small steps on asset management side. Over 10 years the CEO/Company have been able to ride the property cycle relatively well. On balance, I have decided to avoid this one primarily as it is heavily focused around the CEO in terms of control/approach with high fixed costs in terms of his renumeration in good times and bad. Will likely do well with proceeds of big office sale allowing a buffer coming through, but not one to chase for me, but will review upcoming results/commenatary to see if the facts/investment balance change.
jpmorgan
19/11/2020
18:13
there's a lot i like about this company. a few concerns i have include the very short lease length of less than two years, which is especially concerning given that most of their directly owned assets are in poland where there is a higher office vacancy rate than most EU countries. i'm aware it seems to be standard practice in poland to have short leases but as an investor i want leases secured for the next 5 years at least. from what i've read, landlords are having to offer incentives to get tenants to sign new leases. firms are also hesitant to commit to leases given covid uncertainty and work from home. i also wonder how willing third party investors will be to give them more fund mandates, or extensions given the uncertainty.
m_kerr
09/10/2020
19:26
High volume of trades today,no doubt due to positive comments made in the I.C alpha podcast. hTTps://www.investorschronicle.co.uk/shares/2020/10/09/the-alpha-podcast-bargain-hunting/
yupawiese2010
05/10/2020
13:44
No more moaning from me. I`m out at 35.5p Good Luck to those still in FPO.
tyranosaurus
29/9/2020
21:13
Hi all, My mate Peter @Conkers3 and myself did a ‘Twin Petes Investing’ Podcast a few days ago and part of our discussion includes FPO. We also chatted about loads of other Stocks and the outlook for Markets and as usual a fair bit of educational stuff with regards to Investing. Anyway, if you use Apple, Audioboom, Overcast or Spotify you can find it under the 'Conkers Corner' Channel (you want TPI Podcast 32) and you can find it on Soundcloud at the link below. I hope you enjoy it and find it useful, Cheers, WD @wheeliedealer hTTps://soundcloud.com/user-479955511/conkers3-wheeliedealer-32-micropayments-loop-dplm-dddd-song-wtb-fpo-biln-aa-call-ipf
thewheeliedealer
24/9/2020
08:56
Well everything seems in order at fpo, well positioned to pick up any bargains that might occur over the coming months. Hopefully we will get some deals shortly.
stevegrass777
14/9/2020
08:48
Nothing wrong with the company. Indiscriminate selling of property shares/funds.
tresham
11/9/2020
12:42
FPO share price is in freefall.
tyranosaurus
01/9/2020
21:01
On the other hand,when good companies get this cheap someone normally turns up to make a cheeky offer. Hopefully some good deals will be made shortly.
stevegrass777
01/9/2020
09:25
FPO is a non-performer. The downwards trend of the share price continues. They need to do something quick or I`ll be out of these.
tyranosaurus
28/8/2020
10:20
reason is they are in investment trusts and property and both area's poorly performing Management need to up its act and not rely SR to boost the share price up a couple of pence.
fanshaw
28/8/2020
07:37
Why? It is very cheap and growing.
tresham
27/8/2020
16:38
Think it's about time this company was taken private.
fanshaw
25/6/2020
15:14
I agree they are set-up to outperform. They have a history of great deals. Given his previous extremely strong support for the company SR will shortly rate as Strong Buy.
bramcych
25/6/2020
12:59
It sounds as if they are down playing it at the moment, knocking a million off a assets valuation every year because it is coming to the end of tenancy seems a bit drastic to me. I feel they are down playing the results to get through covid unscathed and bolt on some better performance this next year. Looks pretty solid though, dividend cover is great and cash plus available credit could see fpo fill its boots with good cheap assets!
stevegrass777
Chat Pages: 46  45  44  43  42  41  40  39  38  37  36  35  Older
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