FLK

Fletcher King Plc

36.50
0.00 (0.0%)
Share Name Share Symbol Market Type Share ISIN Share Description
Fletcher King Plc LSE:FLK London Ordinary Share GB0003425310 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 36.50 0.00 08:00:12
Bid Price Offer Price High Price Low Price Open Price
35.00 38.00 36.50 36.50 36.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Business Consulting Svcs,nec 3.13 0.15 1.50 36.50 3.74
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 36.50 GBX

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Date Time Title Posts
24/1/202309:11Fletcher King - why the rise? any holders here?717

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Posted at 24/1/2023 09:11 by trcml
Long ago a small flurry of commercial property agents decided to go public: and quoted. DTZ, Colliers CRE (UK), Fletcher King, Pepper Angliss & Yarwood (via Mercury Holdings - which had a go at Lee Baron but according to my contact there couldn't come to terms on price). I remember reading about Teacher Marks saying none of their partners could have written a cheque for £10,000 so going public would alter that - at the time I thought not a proper reason to go public. Thing is commercial property agencies would rather keep all the profit for themselves than dish it out as dividends to all and sundry.

As for Fletcher King rating valuation has a lot of competition and thanks to the VOA changing the rules is nothing like as lucrative as was; it alo takes a long time for surveyor revenue to come to fruition. I used to have a few shares but after a short while concluded the share price was never likely to soar.

My best investment was buying into CBRE Inc at the depth of the 2008 sub-prime crisis when its share price was equivalent to GBP £2.50. Unfortunately for family reasons I had to sell too soon, a pity because the share price rose to its previous height of $52 approximately (it's now about $83. Savills I had a go at and profitably, but long after I should've done but before the share split.

Posted at 05/10/2021 13:18 by ntv
Share options are OTT
Posted at 02/7/2021 00:04 by bluemango
Wouldn't you normally expect an RNS if there's an expression of interest like this?

And I understand the free float here is very limited, so where would that 29.9% stake come from, and at what price?

Interesting times ...

Posted at 01/7/2021 09:38 by rossco
Yes it does not take a lot buying to move the price.
I’ve been a shareholder for years and happy to hold.
Dividends will hopefully return as the property market improves.

Posted at 14/2/2020 11:53 by bluemango
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.
Posted at 06/12/2019 17:22 by bluemango
Hefty investment in FLK on 26th Nov by "David Thompson" (for his SIPP), 300,000 shares, costing around a cool £135k.
Posted at 24/8/2017 11:51 by bluemango
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.

Posted at 22/8/2017 13:29 by ed 123
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.

Posted at 21/8/2017 15:37 by norbert colon
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.
Posted at 22/7/2017 10:38 by norbert colon
Hi blue. Yes still here thanks. I have put a couple of comments on twitter re: share price strength which is somewhat surprising given economic / market headwinds but as we all know this is a well run and managed business. The sale of a further SHIPS vehicle will be good for investors and perhaps that has sparked some interest. There is still the chance that the Board look to sell the business as they don't really need/want to be listed and someone might be interesting in buying the listing and doing something with the shell.Happy to hold, collect the divi and await any news flow.
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