Fletcher King Share Discussion Threads

[bluemango] 03/3/2021 13:03

Trading update. The company anticipate a trading loss in the second half, similar to the first. But end encouragingly: "Looking beyond the end of the financial year, the Company is starting to tentatively see some encouraging signs from clients planning to make investment decisions, and the Company has continued to invest in its people and systems in preparation for the return to more normal market conditions. The Company remains well supported by a strong balance sheet with no debt."

[rossco] 11/1/2021 19:58

Director of UBS?

[norbert colon] 11/1/2021 19:27

Anyone know who Peter Milne is?

[bluemango] 14/9/2020 08:44

Well that was better than expected. Even paying a dividend! Yield just under 4% which is just fine. I think they've been far too gloomy about Brexit in their outlook statements and ignored the possibility of a 'Brexit bounce' when we're free of the shackles and enabled by new trade deals from end December onwards, particularly if the hapless Khan is finally ousted from the Mayoralty and instead of just painting rainbows the motor of London's enterprise heart can be restarted.

[bluemango] 17/8/2020 12:15

The only issue with this company is keeping up with the incessant newsflow ;o) Results due/overdue

[bluemango] 14/2/2020 11:53

Unusual to see movement here. Interim dividend payment date today. Wouldn't be surprised to see interest returning to FLK with renewed optimism for UK and London compared to rest of Europe.

[zangdook] 14/2/2020 10:57

it twitches

[bluemango] 20/12/2019 09:16

Dividend maintained and uncertainty over whether we'd ever decide on Brexit finally removed. Results not as bad as I feared and grounds for optimism looking ahead.

[bluemango] 06/12/2019 17:22

Hefty investment in FLK on 26th Nov by "David Thompson" (for his SIPP), 300,000 shares, costing around a cool £135k.

[zangdook] 31/7/2019 07:46

results not bad, despite the cheeringly pessimistic tone.

[norbert colon] 06/12/2018 08:30

https://www.ft.com/content/2738740c-f888-11e8-8b7c-6fa24bd5409c

[walbrock82] 16/7/2018 10:12

Here's my brief analysis http://bit.ly/2utgdUo

[norbert colon] 26/10/2017 07:22

RICS commercal survey: 73% of respondents sense central London market is "in some stage of a downturn." in office sector.

[norbert colon] 20/9/2017 07:23

Valuation coming off as expected, however....https://amp.ft.com/content/bcd274e6-6dff-11e7-b9c7-15af748b60d0

[deadly] 07/9/2017 10:00

Actually rose this morning despite the 3p XD!

[bluemango] 31/8/2017 09:06

I'm not selling despite the steep rise, because yield is still an impressive 5.8%. Would be hard put to find a decent alternative home for the cash given that secure, good yield is my priority.

[deadly] 30/8/2017 17:26

Rising almost every day; another 3% today!

[bluemango] 24/8/2017 11:51

Thanks, no hurry. If the free float is only 3.3m that's still pretty small and explains how easily the price moves on any trading.

[norbert colon] 23/8/2017 20:25

BluemangoSorry for tardy reply re: free float - not had chance to look in any detail sorry but stockopedia states free float as being 3.3m shares or 36%. If I get a chance I will look in more detail when I get back from holiday.

[ed 123] 22/8/2017 13:29

Ta, Nobert Colon. :-) I can't explain the share price movement. Another chunky (for FLK) buy today, and someone paid almost 4% above the quoted offer price. Maybe it's being 'discovered' as a good, long-term investment? Any recent broker recommendation? I haven't seen anything.

[norbert colon] 21/8/2017 15:37

Current price is a multi year high although not certain what is driving it.Seems plenty of appetite for the stock and I have been recently selling into the strength after a recap as cannot see the share price sustained above 60p but only time will tell. Good luck to all.