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
  -2.40p -0.91% 260.40p 259.80p 260.20p 263.40p 259.40p 263.40p 450,794 12:20:45
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 270.7 100.7 21.0 12.4 1,594

Grainger Share Discussion Threads

Showing 201 to 222 of 450 messages
Chat Pages: 18  17  16  15  14  13  12  11  10  9  8  7  Older
DateSubjectAuthorDiscuss
05/11/2009
14:20
Isn't the discount more to do with getting the rights' issue away and underwritten? Not that it mightn't be a bad idea. I've watched these from the dark days of a year ago when I was put off buying because of doubts about its survival. That doubt's been cleared so perhaps buying the new shares (free of stamp and presumably the costs of issue reflected in the price) after today's slide comes into the reckoning. I'm assuming that today's fall is because some shareholders have sold to fund their rights' as well as a few who don't like the fund raising or don't fancy seeing their holding diluted because they won't be taking up their entitlement.
iomhere
05/11/2009
12:54
WISEACRE: How right you were! - But at more than a 40% discount - so well worth taking up IMHO
sandbank
08/10/2009
19:00
Being fattened up for a rights issue I'd say. Mind your eye!
wiseacre
06/10/2009
19:18
Had a big spike up 15p+ at one point today. Having broken out and taken off I think these will go to 375p from here. CR
cockneyrebel
06/10/2009
19:11
looks like reversal day
mroalan
01/10/2009
09:13
indeed, if the figures mentioned in the interim have crytalised they have achieved some good sales figures in a very hard market
coby4
01/10/2009
08:36
Nice break out on good news - 380p test here in the coming weeks imo. CR
cockneyrebel
31/8/2009
15:32
SDIC is a steal compared to this- no refinancing risk, way below asset value, and no boom and bust cycle to worry about.
davebowler
27/8/2009
10:55
a few people had read the company it's last rites and shorted, early days but prospects looking good
coby4
24/8/2009
12:05
Why has nobody commented on this good performance?
david.susies
12/8/2009
12:22
interim statement had a good spin as expected, refinancing of part of the huge debt could result in another positive move soon. a big jump though on little volume
coby4
12/8/2009
11:57
Another Evil Knievel short goes through the roof!
kibes
30/7/2009
21:04
bit quiet on here!! share price creeping up, blip going into eighth month - anyone still shorting?
coby4
02/7/2009
07:53
Well I'd prefer a more pragmatic approach. I'll wait until the share price falls to around the £1.00 mark or market cap is at around £140m. Might be worth a punt then at £140m. Sell off the stock, pay off the debt and pocket £89m less disposal costs and staff reduction costs. Even after all the costs are deducted and I'm left with say £22.5m (so in effect my costs have accounted for £67.5m), that's a 16% return on my investment. Ps thanks coby4 for the information on stock valuations
altitude
01/7/2009
22:15
altitude you are seriously misinformed. they are selling tenanted stock at the moment via auction because of the specialist nature of the product and of course to generate cash. they never have sold the majority of their vacant stock by auction secondly if your first statement was correct you have yourself invalidated your second statement. is the 17.5 for sale their own stock or that of 3rd parties - where is it? your 3rd statement is also incorrect. other companies in the sector trading on similar assets have had the model you suggest. grainger have generally sold unmodernised on vacancy as their own property for sale website shows they revalue stock each year - validated independantly - soon see!
coby4
27/6/2009
09:16
The majority of Graingers low end value stock that you talk about are sold at auction and not through agents as you state, and they are sold with sitting tenants on regulated tenancy agreements - so they DON'T appeal to young families and first time buyers. Secondly, they have over £17.5m worth of property for sale in one area, that just floods the market and gives an over supply which in turn results in downward pressure on prices. That's called Economics, not agent BS. Thirdly, Graingers had a predictable business model. Waiting for tenants to die and then refurb houses to sell on at a substantial profit. They are now selling properties with the tenants in to other investors through auctions. It is simple Graingers need cash desperately to survive, they are over leveraged, if they revalued their stock they would breach their covenants.
altitude
26/6/2009
22:41
bollx there's a shortage of good stock, their low end value still represents what first time buyers or young families want. our agency branch has sold more property in the last 4 months than the whole of last year we have even taken negotiators abck on. this blip is going into its seventh month. these guys are well placed to weather the storm
coby4
22/6/2009
08:47
anyone who's not short of this should question their judgement! how can this company survive?
n1ck_leeson
21/6/2009
22:16
So basically there business model that it suggests in the last YE accounts has changed and shareholders are exposed to more risk from 1. the lack of cash coming into or already in the business and 2. the tightening of credit policy throughout the UK financial markets is not assisting Grainger in finding the necessary buyers and 3. Graingers properties only become worth what potential buyers can raise and nothing to do with market valuation?
altitude
21/6/2009
21:18
i guess the need to service the considerable debt outweighs the opportunity to wait until they actually come vacant
coby4
17/6/2009
07:55
If Grainger have predictable income from regulated tenancys that become vacated - ie they know from acturial calculations life expectancies. Why would they want to sell off properties in local auctions before the properties become vacant and also in the knowledge of larger capital gains when predictable vacancy occurs?
altitude
26/5/2009
18:01
share price surprisingly robust considering write down and holding back dividend how's your short looking?
coby4
Chat Pages: 18  17  16  15  14  13  12  11  10  9  8  7  Older
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