ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

HCFT Highcroft Investments Plc

587.50
0.00 (0.00%)
18 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Highcroft Investments Plc LSE:HCFT London Ordinary Share GB0004254875 ORD 25P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 587.50 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
550.00 625.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Investment Trust 5.61M -7.12M -1.3667 -4.30 30.59M
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 587.50 GBX

Highcroft Investments (HCFT) Latest News

Highcroft Investments (HCFT) Discussions and Chat

Highcroft Investments Forums and Chat

Date Time Title Posts
12/4/202417:44REIT success581
15/3/201213:20REIT failure39

Add a New Thread

Highcroft Investments (HCFT) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Highcroft Investments (HCFT) Top Chat Posts

Top Posts
Posted at 18/4/2024 09:20 by Highcroft Investments Daily Update
Highcroft Investments Plc is listed in the Real Estate Investment Trust sector of the London Stock Exchange with ticker HCFT. The last closing price for Highcroft Investments was 587.50p.
Highcroft Investments currently has 5,206,659 shares in issue. The market capitalisation of Highcroft Investments is £30,589,122.
Highcroft Investments has a price to earnings ratio (PE ratio) of -4.30.
This morning HCFT shares opened at -
Posted at 26/3/2024 15:18 by 1tx
Highcroft today announced final divi 33p per share to be paid 31st May;ex div i9 april.NAV 1022p per share.Accounts to be issued 12 April.
Posted at 24/1/2024 16:21 by spectoacc
Interesting. I got this unhelpful response from AJB, fwiw:

"Unfortunately we cannot provide notifications of this nature as any corporate action event notification would have to go through to shareholders via the official channels once announced."

ie They're unaware of what's been announced, and when they become aware, will only tell actual shareholders.


I agree with @cc2014 that the inability to settle through CREST is the problem for trading on TISE in the UK.

If the shares people currently hold are shunted off CREST, I can see why eg ii may require you to sell, or send you a share cert. But equally, they should be able to leave them sat in ISA or SIPP, albeit you may be unable to ever sell (you'd have to move SIPP/ISA provider - but to where - or withdraw in cert form and find a broker who'd sell, losing ISA benefits but with potentially serious repercussions in SIPP).

My view is unchanged - HCFT are pulling a fast one on minority shareholders.
Posted at 18/1/2024 19:01 by spectoacc
Caught up with the Simon Thompson IC comment - dear oh dear.

Thinks it's a buy & relates it to the success of Shore Capital when it left London - but Shore kept their Bermuda listing.

So far I've found no brokers willing to deal in TISE-listed shares, with their one "liquidity event" auction a day.

One or two will allow you to still hold, but not sell. The others seem to require either selling out, or intend to send you a share cert (supposedly - aren't share certs getting phased out?).

What this means is, if you hold or buy HCFT, and the vote passes, then after February you'll be left with shares you likely can't sell, or at least at an unknown price (who'd make the effort to buy them on TISE?) and unclear cost.

ST should be campaigning against this, not declaring them a good buy.
Posted at 17/1/2024 11:17 by bench2
Re ii response for HCFT held in my wifes ISA , last day to sell 17 Feb , post delisting they will send a share cert as not allowed to hold the stock on their system in either ISA or Trading account . I am in contact with HCFT CoSec via email and suggested a move to AIM to reduce costs rather than TISE . Failing this the company should have the decency to have a 25% tender at circa 800p to allow small shareholders a reasonable exit .
Posted at 12/1/2024 13:54 by crumppot
The share price has dropped a lot today
Posted at 09/1/2024 09:49 by 1tx
The latest Thompson article does not seem to be behind a paywall so I have been able to read it.There are a couple of problems for new & existing shareholders that ST has not considered if HCFT moves to TISE.Whilst TISE shares are eligible to be held in an ISA it is not clear whether the typical ISA platforms that most investors use allow you to hold or deal TISE listed shares in them.If you cannot then the yield you get is rather less attractive as it is subject to TAX.

I would also point out that the move to TICE is rather less likely to go through than Thompson suggests as the shares also have to reach the 50% vote acceptance level excluding Kingerlee holding.If I get the opportunity to vote I will not be voting in favour as whilst it might lower operating costs and has the potential to slightly increase dividend it is likely to reduce capital value of shares as even fewer investors are likely to be interested in the shares.
Posted at 08/1/2024 11:48 by crumppot
Bench2 I dont understand why you think the board would want to trash the share price. They have clearly said they want to reduce costs. There are few buyers of the stock so the price has gone down to a level where buyers will take a view re the company moving to TISE. I can see a few purchases at this lover level.
Posted at 08/1/2024 11:35 by bench2
It feels as though the major shareholders have decided to depress the share price on purpose , probably for tax reasons , watch to see blocks change hands to minimise CGT , I can see no other reason why a board of directors would agree to trash its own share price , except for inheritance reasons .......
Posted at 05/1/2024 10:39 by topvest
Nothing much new. I can't see that they will get the 75% (without the Conn's) or the 50% of independent shareholders (without the Conn's). Why would they go to all this trouble without the Conn's having agreed unless they have another agenda? Anyway trust in the Board = nil. The share price tells the story! This company is effectively indirectly controlled by the Conn family as nothing significant can be achieved without their backing.
Posted at 05/1/2024 09:54 by topvest
Conn are not for it as they hold nearly 24%, as far as I can see. RNS very unclear though - might say more in the circular. False market. Conn are behind Stewart & Wight, a very old and small property company. Circular is not on the web-site. Share price now £6 to sell. Disgraceful behaviour by the directors - bargepole list them all! As I mentioned, I am not sure this delisting will actually happen, but someone is taking advantage of the selling at crazy prices.
Highcroft Investments share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock