First Property Share Discussion Threads

[bugs bunny] 25/8/2005 19:04

I've been in this one since the days of Hanson. Forgot about it until they started paying the Divi. Now I'm glad I stayed. This company has top class management but have struggling with its image. This deal should change all that.

[mgstone] 25/8/2005 17:36

closed the day at intraday high and MMs bidding for 250k @ 19p, can only buy 10k @ 19.93p. Large 1.7m trades look interesting. All looks good for tomorrow.

Is ANYONE else in this or is it just me?? lol!

[mgstone] 25/8/2005 15:46

First Property Group plc is engaged in providing fund management, financial and technical services to the property industry. The Company operates through a number of divisions

Property Fund Management

Property Underwriting and Trading

Property Facilities Management

Online Sales and Marketing Of Property

Seems to be off most people's radar screens at the moment but has been tipped on 12/05/08 so the share price may finally start to move upwards to match it's great potential based on the current results and company outlook.

First Property website -

[mgstone] 25/8/2005 14:41

interesting trade gone through B L 1,740,000 @ 19.5p

Also strange why they just lowered price to 17p - 18p even though you can sell 250k @ 17.75p and only buy 25k at 18p???

[mgstone] 25/8/2005 11:57

only 10k available online now, can sell at mid. Anyone else bought in today? Looks like a winner, results very positive.

[mgstone] 25/8/2005 10:32

can buy 50k but sell 250k, looks like this will carry on rising over the day.

[elgordo] 25/8/2005 09:26

Pepi -

Strange name for a thread, but thanks for creating one with charts. Not been a bad month (so far) for FPO, all things considered.

[darias] 08/6/2005 23:01

Sandbank

3 points

This is an international company and therefore we should look at the international situation. I find the possibility of an office in Poland interesting.

" Polish office due to open with further international expansion under
consideration"

Also there is the possibility next year of property investments being included in a SIPP now that is going to open up the commercial property market at home and this company does have the ability, perhaps more than most, to make the most of this opportunity.


Where else can you get a property trading company trading at around 13 times earnings?

[sandbank] 08/6/2005 12:46

DARIUS: You seemed a bit lonely on this BB so I thought I'd make a contribution. The results today seem "strong" - as the announcement says - but can this company really keep it up? I think the real concern must be the yields in the commercial rental sector which are now down to less than 7%. That's going to dampen down demand. But really it's an excellent performance by this little company - clearly going great guns.

[darias] 08/6/2005 07:13

Yeehah!

RNS Number:2782N
First Property Group PLC
08 June 2005





FIRST PROPERTY GROUP PLC


PRELIMINARY RESULTS

For Year Ended 31 March 2005



8 June 2005



Record results reflect continued growth and a 63% increase in profit



First Property Group plc ("First Property" or "the Company") (AIM: FPO), the
online property transaction platform and property fund and asset manager,
announces preliminary results for the year ended 31 March 2005. Highlights of
the results are as follows:



Financial Highlights

* Turnover grew 51% to #5,650,000 (2004: #3,745,000)
* Profit on ordinary activities before tax increased 63% to #955,000 (2004:
#586,000)
* Dividend per share up 25% to 0.125p (2004: 0.1p)
* Net assets increased by 131% to #6,375,000 (2004: #2,756,000)



Corporate Highlights

* Property transaction underwriting activities have continued to grow, with
a 33% gross profit contribution increase to #1,307,000 (2004: #983,000)
* First Property Asset Management now has #21 million of assets under
management. The first three funds, which had traded throughout the year
under review, earned rates of return on equity of 30%, 27% and 23%
respectively in the reporting period
* A further fund is planned, which will be launched when the latest fund is
fully invested
* Commercial Property Database Membership increased following initiatives to
target local boroughs and development authorities
* Polish office due to open with further international expansion under
consideration



Commenting on the results, Ben Habib, chief executive of First Property, said: "
The performance of the Company over the period has been strong and has continued
into the current year. We look forward to continuing to build the Group both
organically and, where appropriate, through acquisitions which meet the high
standards we require. Our international aspirations and, notably, the office we
are setting up in Warsaw, give me particular encouragement. I look forward to
delivering further shareholder value going forward."



For further information:

[darias] 03/6/2005 08:08

Still creeping up ahead of results.

[darias] 02/6/2005 09:09

A profitable company.

Spread widened to announcement of results next Wednesday.

Now trading at around the price that it first came to market.

ROE of 25% and only 111m shares in issue.

Do you feel lucky?

[darias] 10/3/2005 15:10

An increase of 16.25% with heavy volume and nobody wants to post on this board.

[darias] 28/1/2005 08:27

The spread on this one has widened with a steady mark up over the last couple of days and people still buying.

May be worth a visit by the speculators on this board.

But what do I know.

[smudge104] 10/11/2004 08:22

large ones
was going to buy 100k yesterday, however this co just gets overlooked, i do expect a buyout from somebody

[large ones] 10/11/2004 08:05

Very nice indeed. Unless volume / interest picks up in these then I wouldn't be too surprised to see a Management buyout in the not to distant future. Any thoughts?

[smudge104] 10/11/2004 07:46

great set of results,

[roosterhead56] 03/9/2004 09:07

Bid increasing on low sell volume. MM's looking shares?

[mayiguo] 28/7/2004 20:48

KWI (keyword inv) is going to fly, massive buys has already started....

[onceaplayer] 07/7/2004 07:57

Nice to see directors buyong in the placing.

[onceaplayer] 30/6/2004 01:45

??????? At a loss ?????????

[rachubb] 29/6/2004 16:30

Brilliant result, SO what went wrong does anyone know? 16p does not show any support.

[marmite73] 27/6/2004 09:14

I see ShareWeekly has rated FPO First Property
Group a Buy this week.