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[robizm] 17/3/2016 13:22

I think there are a lot more to go at norwich house as only 40 sold on all the sites i have been on. Maybe part of building not finished

[barnetpeter] 16/3/2016 17:10

Yes martincc...please keep updating on both projects. Appreciated by holders...

[martincc] 16/3/2016 15:57

double post

[martincc] 16/3/2016 15:57

Didn't think we'd see the price back here again, has been marked down on just about every small sell.
Two more flats gone at Streatham since Monday, the studio and a one bed.
Leaves 1 one bed and 1 two bed left for sale there, the rest under offer/sold.

[crescenter] 16/3/2016 10:49

Seems to have been a few desparate sellers recently.

Interesting news from martincc above.

[martincc] 14/3/2016 15:40

Looked today
Norwich House - 1 studio, 2 one bed, and 1 two bed for sale (out of 40)
The Ivery - 1 two bed (£775k) and 1 three bed (£995k) for sale (out of 19)

Hopefully get an announcement if all are sold before the end of May ints.?

[mylands] 09/3/2016 09:09

p@

Don't think that had anything to do with it. The auditors had agreed to put themselves up for re-election, which is contrary to your theory. No, my take on it is 'horses for courses'. GT have all the costs of being No. 5 in auditing terms, far too big for FRM.

Down to one left at Norwich House and one under offer. I wonder how Iverson Road is going.

[p@] 09/3/2016 08:42

Maybe the auditors did not like the Streatham deal,where the directors lent £2.44million pounds and received £2million back in less than 2months.
When is the next divi due???????????????

[crescenter] 04/3/2016 11:21

3 unsold with the other agent remainder under offer or sold.

[mylands] 01/3/2016 16:16

Seems to be a 'regular' thing to change auditors by not voting for them to be re-appointed. They did the same in 2014.

I suppose one theory could be that FRM, being a minnow of an AIM company, see Grant Thornton as a 'sledge-hammer to crack a nut'.

Trading inline with management expectations is a reassuring statement.

[crescenter] 01/3/2016 15:43

I did not attend but with regard to current trading the AGM staement says that rading is in line with management expectations which we have to take as the£3.5m for the current year.

The non appointment of Auditors is a mystery. It made me check the audit report but there is nothing in that to indicate audit concern.
I think the auditors will have to file a statement at Companies House indicating whether there are reasons for their removal or not that need reporting to the shareholders.

[xxx] 29/2/2016 22:14

Did anyone go to the Agm...if so, was any comment made on current trading or on non-reappointment of auditor ? tia

[mylands] 26/2/2016 15:26

On the Norfolk House page on the Foxtons site, it now says there are 2 left and 2 on offer. Where have the 2 left suddenly come from?

Foxtons now show only 1 left with 3 under offer.

[crescenter] 26/2/2016 10:18

Will we get a trading update on Monday the last day of the half year?

If so it should be good.

[mylands] 22/2/2016 08:12

Yes, two to go.

Would be good if they went before next week's AGM.

[barnetpeter] 21/2/2016 20:25

Updated to show just two now under offer....

[xxx] 17/2/2016 22:37

@mylands :)!

[barnetpeter] 16/2/2016 14:51

I have tried to buy some every day as dividends / sales monies come in. Only a few today at 9.30 p.....

I don't see a better stock on Aim myself and with the two developments flying...esp Norwich....this dip below 10p is a good opp to buy more.

[mylands] 16/2/2016 08:02

xxx

You are looking at the Ivery development. I am looking at Norwich House!



Foxtons have updated the site again this morning to show that there are only 3 one bed units not sold but all under offer. The one remaining 2 bed unit that was shown as being under offer has now been sold.

[xxx] 16/2/2016 00:16

@mylands, when I look on the Foxtons site [link helpfully provided by 3putt] there is no mention of 1 beds and 8, 2 bed flats still available. What is the source of your info?

[mylands] 15/2/2016 12:46

Foxtons now showing only three one bed units left at Norwich House and all under offer. The 2 bed units, which were on offer, have now all gone. Looking very good indeed.

[barnetpeter] 08/2/2016 12:56

I wonder .....FRM can help fund this in its fav area?



The development, by Galliard Homes, also includes the construction of a 37-floor tower, shops, restaurants and office buildings.


There will be 275,000 sq ft of office space, as well as 412 private sale apartments and penthouses and 400,000 sq ft of mixed use space.

The central plaza, located on Curtain Road, Shoreditch, will be one of the biggest in London. The development aslo includes a 19th century railway viaduct, the top of which will be made into a park.

[barnetpeter] 08/2/2016 12:32

The Ivery is a stunning brand new development featuring a selection of one, two and three bedroom apartments

I think the 13 are available.....that does suggest the others are forward sold. Just look at the prices.....

[mylands] 08/2/2016 11:20

Cres

The Ivery website (www.theivery.co.uk)says a total of 19 units in two blocks, A & B. Yet, looking at the details of the two blocks, there is no indication of any one bedroom units, just 11 two bed and 5 three bed, making a total of 16. Definite question for the AGM.

[crescenter] 08/2/2016 10:29

These sales further my view that we will get a trading update with the AGM.

All the one bedders gone?