Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Grainger Plc LSE:GRI London Ordinary Share GB00B04V1276 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.80p -0.33% 240.20p 240.40p 240.60p 241.60p 238.80p 241.60p 226,638 14:15:07
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 270.7 100.7 21.0 11.4 1,470.29

Grainger Share Discussion Threads

Showing 326 to 349 of 450 messages
Chat Pages: 18  17  16  15  14  13  12  11  10  9  8  7  Older
DateSubjectAuthorDiscuss
11/3/2015
09:14
Thanks for the replies - somewhat clearer, I think. Summarising: 1. £35M owed by Clifden - now in administration and the note says they are trying to assess its financial situation 2. Re-acquire ERIL share capital - net £21M plus possibly recovery of 'sums owed to Grainger' 3. Nil from interest rate caps - possibly legal case to come? So, as scburbs says, probable loss of £14M plus legal costs and, hopefully, a rather more critical approach to future deals.
huttonr
11/3/2015
07:17
Have I misread? Sorry!
jonwig
10/3/2015
21:24
I agree with your reading scburbs in terms of the numbers ie £14m hit which presumably includes the 10% interest and may or may not include the £600k of management fees. Financial aspect may not be all that great but takes up a lot of management time and one asks oneself how GRI Management got theselves into this situation.
cerrito
10/3/2015
20:41
They are taking back net assets of £21m vs a liability of £35m so looks like loss of £14m which is broadly a reversal of the £10m gain they realised on disposal. Not a major issue relative to market cap and I expect the values of those assets has increased so assessment of net asset value may be on low side. The disposal was previously part of the gearing reduction plan, but given successful sales elsewhere not sure this is much of an issue.
scburbs
10/3/2015
18:57
Grainger will get its money back with legal costs by taking ERIL back from the administrators.... "We sold you ERIL, you didn't pay, we'll take it back. Oh - and with interest and legal costs."
jonwig
10/3/2015
17:39
Huttonr - I can't get my brain around the announcement.. however, Grainger doesn't need cash having lowered its gearing ratio.... backdrop for the group as a whole should be strong....
trytotakeiteasy
10/3/2015
17:28
The market seems to have taken this latest event (non- payment by Clifden) remarkably calmly - does anyone have an idea as to the financial effect on Grainger?
huttonr
25/11/2014
18:27
A tip? Buy Inland Homes, 58.75p now, Simon Thompson in the IC, WH Ireland and Finncapp all target it to go to at least 70p on strong results. AGM in December. They develop in the commuter belt outside London, a market which is still booming. Telford Homes results tomorrow will prove this nicely and should reflect well on INL. The share traded in a tight range between 43 - 50p for all of 2014. Broke 50p recently. New target is 70p.
dt1010
23/11/2014
10:21
Not in this one yet but i do have a stake in SGM.This is a really interesting read and very relevant to GRI http://online.wsj.com/articles/u-k-s-multifamily-housing-sector-challenges-professional-investors-1416417446
riddlerone
20/11/2014
10:22
Great set of results, not much of a response from share price yet. Presentation is on website. hxxp://www.graingerplc.co.uk/~/media/Files/G/Grainger-Plc/results/full-year-results-presentation-2014.pdf
scburbs
20/11/2014
08:24
looks good read .agree
jaws6
20/11/2014
08:22
Great set of Final results, profits up 26% to £81m.
mickeyb
17/11/2014
22:31
Finals are being reported on Thursday 20th November 2014. Hopefully share price might get a boost.
mickeyb
30/9/2014
18:45
Very good 90K share purchase announced by non exec director Simon Davies
cerrito
27/9/2014
18:33
Anyone have any idea on the price weakness.? I see in the last week the two brokers following this-Oriel and Jefferies- reiterated their buy and did not change target price; trading volumes in last week have been in line with normal, although on the 19th 1.8m shares were traded;wife of a director made a share purchase on the 18th; Norges Bank increased their holding and nothing untoward in the Aug 6 IMS. I personally have become more cautious on property in the UK-but I would not have thought that GRI all that vulnerable and I guess the headwinds in Germany have become stronger over the last weeks but for me not to warrant this fall. Appreciate any views.
cerrito
15/9/2014
09:56
Cheers am watching and waiting for now.
its the oxman
11/9/2014
16:03
Whilst house prices may be cooling off should this not be supported by profit from existing or even increased tenancies? Of course it is the market's view of matters and its expectations that determines the share price and this does not necessarily accord with the real state of affairs, Or am I misinterpreting things?
mayers
11/9/2014
13:28
Its the OXMAN, It does seem to have fallen quite far for no particular reason (although a few other property stocks have somewhat similar charts). Latest IMS clearly indicated that the next set of results will be strong, although market may be responding to some of the signs of a slowing in house price growth. I am holding, not yet topping up, but will be starting to think about it if it continues downwards.
scburbs
08/9/2014
10:54
Scburbs or other holders. Any views on current price. Personally am thinking of making a purchase here.
its the oxman
14/8/2014
09:51
Some investors in Mountview Estates [MTVW] have suggested it is window-dressing for a possible sale. The only quoted company which might fit is GRI. If interested, see my post today re MTVW's AGM yesterday: http://uk.advfn.com/cmn/fbb/thread.php3?id=18565246
jonwig
16/5/2014
10:44
And what about the excellent performance against all key financial metrics. Int. A. Cunningham, CEO of Grainger. hxxp://goo.gl/X9NtFG
diegorodriguez
16/5/2014
07:33
Very strong set of results. Grainger NAV up 10.6% to 266.9p (278p if you add back the swap MTM). hxxp://www.graingerplc.co.uk/~/media/Files/G/Grainger-Plc/pdf/download-centre/hy-results-announcement-pres-2014.pdf
scburbs
15/5/2014
18:34
Results out tomorrow, should be a strong performance.
scburbs
16/4/2014
07:43
Difficult to evaluate the acquisition without knowing the extent of the discount, but good to see GRI back on the growth trail. Grainger plc ("Grainger", the "Company" or the "Group"), the UK's largest listed residential property owner and manager, today announces the acquisition of a tenanted residential property portfolio in London for £160m from Property Investments (Chelsea) Limited. The purchase price is the investment value of the properties as at the date of acquisition and represents a discount to their vacant possession value. ... The primary profit driver for the assets over the long term will be the crystallisation of the capital value upon sale at vacancy, benefiting from the unwinding of the reversionary discount at purchase and any house price inflation over the hold period. This will be enhanced by significant development potential. The portfolio comprises a majority of regulated tenancies and currently generates a gross rent of £1.92m per annum." http://www.investegate.co.uk/grainger-plc--gri-/rns/acquisition-of--160m-london-residential-portfolio/201404160700079199E/
scburbs
Chat Pages: 18  17  16  15  14  13  12  11  10  9  8  7  Older
Your Recent History
LSE
GRI
Grainger
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20190618 13:35:17