Grainger Share Discussion Threads

[cardinal3] 04/6/2008 11:24

I am not in this but watching after Andy Brough mentioned it on CNN the other week- since which time it has gone in one direction. I think Schroders have or did have a large stake in this through his UK smaller companies funds.

[pyman] 02/6/2008 16:45

NAV of a tad over a billion or £5.63 a share and share price at £2.72. hmmmmm. Times are hard BUT this is beyond a fire sale valuation. Watch for stake building from Private equity.

[pyman] 30/5/2008 16:05

urk. getting cheaper. Any more whispers re the seller??

[coby4] 29/5/2008 15:14

i heard that the covenant issue was to do with a specific JV and not the company as a whole, bad timing on some transactions allegedly

[coby4] 29/5/2008 15:02

and planning for the Waterlooville site which will benefit from the A3 Hindhead road improvements

[pyman] 29/5/2008 08:04

not to mention the prague site which is in the books at 7m euros i think but with planning worth a fist full of dollars.

[wolterix] 28/5/2008 19:25

thing to bear in mind with this company is their recent RNS on joint venture in Hammersmith... which you would expect to get planning permission later this year... time to dip back in as well for me I think, but let's see how low she goes

[pyman] 28/5/2008 18:49

interesting to note that the recent purchase fraconrhein ag for 46m euro has a assett valuation of Eu142m.
They will struggle if they cant offload due to market conditions but i reckon its time to have a few!

[bubbleandleek] 28/5/2008 07:43

Arbuthnot don't have the clout to knock a stock 18% on a 3.7% price cut whilst keeping the stock on a BUY rec!!!!

there's unfounded rumours out there in the stock along with an aggressive large seller who needs out the name...... the stock will bounce back to 350 when thi guy is cleared. all in my opinion tho!

[luderitz] 27/5/2008 21:23

Here's one reason for the fall. I'm staying out at the moment.

Grainger was 20.25p lower at 320.75p after Arbuthnot cut its price target to 525p from 545p on the property company.

[dontyo] 27/5/2008 11:20

looks like a bear raid, bouncing quickly.

[bubbleandleek] 27/5/2008 11:19

rumour doing the rounds they've broken their banking covenents which i personally find hard to believe considering the comments about their financial headroom and flexibilty last thursday. i'd put my neck on the line here and buy them at these levels. can't be right......on this fall the company should make an announcement

[dontyo] 27/5/2008 11:15

read again, """"leaked"""".

[ladyfarmer] 27/5/2008 11:15

so where's the rns?

[dontyo] 27/5/2008 11:10

some bad news leaked it would appear.

[wolterix] 23/5/2008 09:22

from today...

Grainger is a residential housing group that owns about 20,000 homes across the UK and more in Germany. Sadly, with more mortgage companies cutting lending companies like Grainger will suffer. When the market improves, investors should back the stock, but now is not quite the time. Hold says the Independent.

[pyman] 20/5/2008 17:51

question is :anything short of excellent resultwise will see it sold down to £3-10. ? At which point i m happy to have a few.

[luderitz] 20/5/2008 13:26

Back on the slide again, with Int.results out this Thursday.

[pyman] 02/5/2008 08:28

hmmmm - £3-50 providing some support. Hammerson issuing bad news today on city rents and halifax calling residential off 1.5% but price goes up a tad...
my guess is we will still test the old low

[pyman] 28/4/2008 13:41

I reckon you are right.

[mcjack] 27/4/2008 18:00

pyman

Having broken down through the rising uptrend from Jan it looks set to atleast test previous low at 3.10. The whole sector is weak with British Land hitting new lows this week.

[pyman] 25/4/2008 13:35

mcjacak = what do you reckon now? test old low or maintain support at 3-50 to 3-60. I like the fundementals but it broke down quite fast chart wise...

[mcjack] 06/4/2008 10:39

Looks poised to break either way but a close above the 200dma would be very positive.

[luderitz] 02/2/2008 07:59

This one seems to be coming up nicely these days.