Highcroft Investments Share Discussion Threads

[superadams] 03/9/2024 11:10

Google TISE Highcroft. Price seems to be 600 - 620.

[spectoacc] 03/9/2024 10:14

Thanks. Be really interested to know trade price, my guess is it'll still be reasonable as the major holders will probably still be hooverers.

[c3479z] 03/9/2024 10:12

cardiff office still void, NAV 1030, share price around 590 though what one might get when trying to sell is uncertain, they say they've appointed brokers to help....

[spectoacc] 03/9/2024 09:38

I've not looked in months - what's the share price doing, and has anyone attempted a trade?

[superadams] 03/9/2024 08:34

Good set of interims just posted on Co. website. Only disappointment is static div.

[superadams] 06/5/2024 15:42

Specto, Douglas Conn was appointed to the board last month. He is a director of Stewart and Wight, which delisted. Sound familiar ??

[spectoacc] 06/5/2024 06:27

Simon Thompson downgraded to "Hold".

I wrote to him when he first ramped HCFT on the TISE move, pointing out it seemed to be a scheme by the major shareholders, & how few people would be able to buy on TISE, and in some cases would even be forced sellers.

No response.

In Friday's IC:

"Moving the listing to TISE is not ideal even if it has reduced costs and the company's compliance burden. It has reduced liquidity in the shares and is likely to have narrowed the base of investors..".


So he still doesn't fully gat it. Not uncommon on AIM to see co's delisted at the whim of major shareholders, but REITs have to be listed to keep the tax advantages, hence IMO the move to TISE.

I expect them to keep the price permanently around where it is, hoovering up stock on the cheap over time. The handful of brokers who allow holding TISE shares seem to also allow sells, but how many allow you to buy? I found none.

Almost the sole demand for HCFT shares going forward will be from the two big shareholders IMO. Anyone else is ultimately a seller.

Way to go, Simon.

If I were controlling HCFT, I'd give it a few years and put through a divi cut/removal (can suspend divi for 12 months under REIT rules), attracting a final glut of sellers at an even lower price. But we'll see.

[sleepy] 12/4/2024 16:44

Thanks super

[superadams] 12/4/2024 14:25

Results now out on company website. Don't look too bad at all at first blush.

[superadams] 12/4/2024 13:31

I am relying on the TISE website.

[spectoacc] 12/4/2024 11:21

Anyone attempted to sell any yet?

[sleepy] 12/4/2024 11:19

Anyone know where to find them?

[superadams] 12/4/2024 08:54

Anyone know when the results will be released today ?

[1tx] 26/3/2024 15:18

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.

[coolen] 27/2/2024 21:27

Any views on why the Conns seem to have voted in favour ?

[spectoacc] 27/2/2024 14:49

Guessing only the major holders are the buyers, much as since the announcement on the LSE.

But be interesting to hear if anyone successfully sells. At least there seems to be some sort of market, if there's a bid on.

[1tx] 27/2/2024 14:45

Without shares being offered for sale there is no market....TISE seems a bit like the old OFEX market(now reinvented as the slightly better Aquis Market where a two way market is offered in a few shares,mainly brewers like Shepherd Neame,Thwaites etc), without buyers & sellers on both sides almost zero shares are traded.

I still retain 1500 shares but I sold the larger part last year & the year previous.I see we are going to get an update on NAV & Dividend for last year on 26th March;if this includes accounts they have not bothered to inform.....

[crumppot] 27/2/2024 12:23

I think it is a matched market and the broker takes a commission at either end, from the seller and buyer. The auction takes place once a day as i understand it.

[superadams] 27/2/2024 10:48

Still showing a bid for 5,000 at 630p. Is this what a buyer would get or is there a marketmaker's margin to come off ?

[coolen] 26/2/2024 18:57

Seem to be 630p bid on the TISE for 5,000 shares, unless I'm reading it incorrectly.

[1c3479z] 20/2/2024 19:42

looked on the TISE webpage - it's blank as regards to dealings....

[1c3479z] 19/2/2024 15:29

sold most out of the ISA a few weeks ago for 722 bad enough, held the others in a general account in the hope something might turn up used to be ticker HIV and has proved almost as toxic!
a bad business altogether especially as other options were available for our miserable Directors,
a shareholder for 15 yr or more and treatment has been appalling.....

[spectoacc] 19/2/2024 11:56

Assume you hold in AJ Bell?

[1c3479z] 19/2/2024 11:51

will have to- can't sell for 555, about 45-50% below the NAV> what I think of the Directors cannot be committed to electronic media.....

[spectoacc] 19/2/2024 11:39

I never got a reply from Tommo, quelle surprise.

Last day of trading today I think? Who's taking a punt on an unlisted property co?