Great Portland Estates Share Discussion Threads

[jaws6] 14/3/2014 09:16

k t
Seen good note on back of ICR news yesterday.sorry can post here as no link,will post if I get link.

[killing_time] 13/3/2014 16:38

Thanks jaws6,

Good to see we are still rising in a falling market.

[jaws6] 13/3/2014 16:20

RNS on new investment in ICR

[jaws6] 11/3/2014 13:35

K T
Thanks.
gone above 611 today so new high again

[killing_time] 10/3/2014 09:34

Hi jaws6,

You could be right, I noticed the strong rise in the share price against other PE trusts so I started to go through all the large holdings looking for a reason.
The rise does seem a bit strong if it was just down to one holding so as you and rambutan2 have said it is probably down to a combination of reasons.

Looking forward to the results on the 27th.

[jaws6] 10/3/2014 09:09

k time
May be as I said in post 132 may be tender coming too with result ?
thanks for info in post 138 .

[killing_time] 10/3/2014 07:30

Thanks rambutan2, will take a look at CMIP.

[rambutan2] 10/3/2014 01:55

kt, not sure that is reason as float not mooted until end of year. Perhaps expectations of nav increase at results later this month, along with recent action at Electra.

FPEO also has a direct holding in Algeco, albeit a small one, but a bigger stake in the TDR fund.

FYI there is a listed proxy for Algeco, it is highly illiquid and little known. Epic is CMIP.

[killing_time] 09/3/2014 11:12

Found out what is moving the share price

hxxp://news.sky.com/story/1194347/4bn-uk-owned-construction-group-eyes-float

Algerco Scotsman which is 3.2% of our investment portfolio is looking to float on the stock market.

[killing_time] 07/3/2014 15:38

Seems there is a bit of strength in the share price at the moment. Results out on the 27th March.

[killing_time] 08/12/2013 17:29

RNS out on Friday.

We have spent £14.2m on a healthcare business.

City and County Healthcare, which represents 3.2% of our portfolio.

[jaws6] 29/11/2013 16:44

Graphite VI is expected to distribute proceeds of approximately GBP12 million to the Company in the next few weeks.??????????

[killing_time] 29/11/2013 15:46

Ok, Thanks jaws6.
I had my wires crossed and thought you were talking about a tender offer for Graphite when you were actually talking about Park Holidays. KT.

[jaws6] 29/11/2013 10:06

please read this from last RNS


Graphite Enterprise Trust PLC ("the Company") announces that Graphite Capital Partners VI ("Graphite VI"), in which the Company is an investor, has sold Park Holidays UK, the caravan parks group, for GBP172 million.

Park Holidays UK was the Company's fifth largest underlying investment at 31 July 2013. The exit price represents a multiple of 2.3 times the original cost and an uplift of 18% to the gross carrying value of the investment at 31 July. Graphite VI is expected to distribute proceeds of approximately GBP12 million to the Company in the next few weeks. This disposal, in isolation, increases the Company's net asset value per share by 0.4% compared with that at 31 July.

[killing_time] 11/11/2013 13:19

NAV now up to 691p.

Hi jaws6, what do you mean by a tender offer is coming?. Thanks KT.

[jaws6] 11/11/2013 13:11

Good rns plus Tender coming

[jaws6] 31/10/2013 14:10

oh ok .
better then what I thought.

[killing_time] 31/10/2013 14:03

Its about 20% at 688p NAV and a share price of 555p.

[jaws6] 31/10/2013 13:39

So still on 15 to 18% dicount To NAV ?

[jaws6] 31/10/2013 13:36

plus result coming on 4 December 2013.

[killing_time] 31/10/2013 12:29

Agreed, The sale adds 6.1p to the NAV which is now up to 688.4p.

The deposals are starting to come through which is adding good traction to the share price. It will be interesting if they sell Park Holidays as it was about the same % size to the portfolio as Alexander Mann.

[jaws6] 31/10/2013 09:24

Good RNS today with uplift in price

[rambutan2] 29/10/2013 14:17

Is Park Hols, 2.6% of nav at half year. Was in Sunday Times, headline price was £200m, but don't know what that includes.

[jaws6] 28/10/2013 09:47

Newspaper report of sale of holding to Caldonia on Sunday paper ?

[jaws6] 25/9/2013 14:58

kt
Tks,not chart person but I hold this and will be happy with up move. I will try to add if weakness on bad day.