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GPE Great Portland Estates Plc

342.50
-5.50 (-1.58%)
08 Oct 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Great Portland Estates Plc LSE:GPE London Ordinary Share GB00BF5H9P87 ORD 15 5/19P
  Price Change % Change Share Price Shares Traded Last Trade
  -5.50 -1.58% 342.50 668,406 16:35:14
Bid Price Offer Price High Price Low Price Open Price
341.00 342.00 345.00 339.50 344.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Investment Trust 95.4M -307.8M -0.7578 -4.51 1.41B
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:17 AT 1,181 342.50 GBX

Great Portland Estates (GPE) Latest News

Great Portland Estates (GPE) Discussions and Chat

Great Portland Estates Forums and Chat

Date Time Title Posts
03/6/202408:32Great Portland Estates - great returns ahead..?80
11/3/201617:17Graphite Enterprise Trust - a share of private equity165
24/12/200715:01GRAPHITE ENTERPRISE - NEW STRATEGY IN PLACE226
11/4/200612:44GPE - The pub discussions thread!4
17/2/200512:15Recent GPE Trades2

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Great Portland Estates (GPE) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
15:35:17342.501,1814,044.93AT
15:35:14342.508142,787.95AT
15:35:14342.50268,461919,478.93UT
15:29:19341.503211,096.22AT
15:29:19341.5096327.84AT

Great Portland Estates (GPE) Top Chat Posts

Top Posts
Posted at 08/10/2024 09:20 by Great Portland Estates Daily Update
Great Portland Estates Plc is listed in the Real Estate Investment Trust sector of the London Stock Exchange with ticker GPE. The last closing price for Great Portland Estates was 348p.
Great Portland Estates currently has 406,188,658 shares in issue. The market capitalisation of Great Portland Estates is £1,387,134,267.
Great Portland Estates has a price to earnings ratio (PE ratio) of -4.51.
This morning GPE shares opened at 344p
Posted at 01/6/2024 00:07 by typo56
Accept a price cut on selling 3 or 4 assets? Erm, wouldn't that reduce the NAV?Don't look at the share price, look at the total value of your holding (including the nil-paid rights shares). That hasn't been diminished by the rights issue.
Posted at 30/5/2024 14:40 by llef
Why does a rights issue per se make GPE uninvestable?

Its not an emergency rights issue to raise cash to fend off creditors.
As I understand it, the purpose of this rights issue is to supply the management with new funds to buy and/or develop new properties.

It seems to me that either
a) you think the management know what they are doing, and will be good stewards of this extra cash, in which case you pay up for the extra shares, or
b) you think they don't know what they are doing in which case you sell up, or
c) you think they generally know what they are doing, but that this is a bad time to buy new commercial property in which case you also sell up. (and if its a bad time to buy new commercial property, then its probably also a bad time to hold existing commercial property too).

I'd assume that if you were invested before then you would be in camp a), and should pay up for the extra shares.
Posted at 29/5/2024 21:11 by typo56
Rights issues are poorly understood. What's your problem with 'dilution'?

Holders are better off today than before the rights issue was announced.

The only reason I can see you might be concerned about dilution is if you have a significant stake with material voting influence (I very much doubt anyone here does). Otherwise, does it matter what your percentage holding in the company is?

The rights price is set according to the risk appetite of the underwriters. Otherwise, for a given fundraise, it doesn't matter what price it is to existing shareholders.
Posted at 26/5/2024 08:13 by skyship
I see GPE has a "Sustainability and Social Impact Director"!

Frankly, says all you need to know about this lot.

Pack your bags hindsight; sell and switch into ASLI for a secure 18%+ GRY to redemption over 12-18months.

ASLI has joined API in wind-down mode.
Posted at 23/5/2024 21:03 by skyship
Utterly appalling treatment of shareholders and shareholder value. That dilution should be wholly unacceptable. It will take years for GPE to make sufficient profit from acquisitions with the cash.

I suspect all about building up the size of the company so as to boost management fees.

Has to be a good short...
Posted at 15/2/2024 14:40 by essentialinvestor
Got to be a decent long term price here..but then look at the CLI discount to NAV.
Posted at 11/2/2024 13:21 by essentialinvestor
Agree and GPE is not an income holding for me.

It's a play on whether they can create medium term value from their large development pipeline and some increase in value on their existing portfolio (all be it asset sales likely to continue). £3.60's may be available
Posted at 21/12/2023 13:16 by essentialinvestor
Bought a small amount on the morning dip.


Will set up a GPE trading bb in the NY, to keep this one for discussion of company specific or sector news flow/prospects.
Posted at 30/11/2023 08:30 by nickrl
High discount to NAV if that's your thing but the yield is too low for me. Interesting that its price his retraced compared to its other London centric peers.
Posted at 01/11/2023 08:40 by skyship
Specto reports over on the CLI thread:

"GPE got a d/g to Sell from Citi this morning, not seen the note."
Great Portland Estates share price data is direct from the London Stock Exchange

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