Share Name Share Symbol Market Type Share ISIN Share Description
Industr. Multi LSE:IMPT London Ordinary Share IM00B4N9KC32 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 317.50 0.00 0.00 0.00 0.00 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 7.8 3.8 45.3 7.0 43

Industr. Multi Share Discussion Threads

Showing 51 to 75 of 175 messages
Chat Pages: 7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
04/3/2016
09:35
Very good results on all levels. Operationally performing very strongly. Good to see asset sales and the improving economy driving valuations. High operational leverage coming into play here too.
ironstorm
04/3/2016
08:29
11% spread
muffster
24/2/2016
14:56
rns just popped up, thought it was going to be something more interesting than that!
martincc
23/2/2016
15:14
L2 moving, so far a sale at 107.5p showing, but 2 MMs have moved up on the bid to 110 and the offer up to 120p?
martincc
12/2/2016
10:52
NAV has got to have moved ahead as well with the way the UK economy has been going. I saw an article this week that suggested High St Lettings are picking up. Would expect some crossover here too. Getting the finance sorted early would be a good coup.
ironstorm
12/2/2016
09:57
red army, was hoping news of refinancing may come earlier, an announcement before the fins in early March be good.
martincc
12/2/2016
09:32
martin The finance will hopefully have been sorted out before then ie chosen provider - agreed rates and t&c's with agreement awaiting signature only.
red army
12/2/2016
09:02
First post for couple of months, nice quiet thread! Bit of price movement today, MMs moving up on L2 No news due at the moment? Expecting fins early march and possible refinancing late 2016?
martincc
17/11/2015
09:45
I agree selling up looks the best option. But even without that they are expecting refinance and that will give the next big leg up. Providing of course the gap does not gradually creep up to the finance date. Though I guess we need more concrete proposals for that to happen. Sounding like a stuck record - some more of those strategic sales would be good!
ironstorm
16/11/2015
23:11
It's all there in the update Cerrito "The Company's adjusted EPS was a loss of 16.2 pence during the period ended 30 September 2015. The adjusted EPS loss is mainly due to high finance costs. The Board is actively reviewing the options with a view to potentially refinancing out the higher costing debt." Interest costs are higher than net operating income, so they lose money before any property revaluations. It's been like that for some time and will probably stay that way until they refinance. Don't forget they pay bonkers interest rates (15% for the most expensive tranche of debt IIRC). Occupancy was also down a fraction so expect total rent was down a touch too. So the loss no big deal. All that matters is what comes next and that most likely won't happen until penalty for early debt repayment no longer applies "the Board therefore intends to target a refinancing in the fourth quarter of 2016". Try a little spreadsheet. I reckon a £20m equity raise at 105p and refinance of remaining debt at 5% would leave a manageable level of debt and enough cash flow to pay a divi that gives a yield of c. 7.5% Note that FCRE just refinanced "The weighted average interest rate (including amortisation of refinancing costs) on the Group's total current borrowings is 3.3 per cent". That's fixed now for 11 years. If IMPT could get a deal like that they could afford a divi giving yield of c. 9.3%. Lots of variables of course. A leveraged bet with big upside and big downside depending on how things go. For me best option would be to sell up and shut up shop. Try a bit of DYOR next time ;)
eezymunny
16/11/2015
22:33
I see from today's figures that NAV per shares has gone down from 237p to 236p despite the fact that the property portfolio has been revalued upwards. I also see that the eps loss was 7.9p for the first six months and 16.2p for the first nine months, implying a Q3 loss of 8.3p. Not sure if I understand the reason as could not find any reference to recent changes in borrowings or even shares issued. Appreciate any input out there as to what is going on
cerrito
26/10/2015
08:54
Some movement at last, 2 mms moving up on the bid side. Real price appears to be 110p sell, 114.9p buy
martincc
28/9/2015
09:53
Not sure what happening here this morning-perhaps the sale of 7k shares has been too much for this illiquid stock
cerrito
08/9/2015
08:49
Nice little buy here. Not earth shattering - but good underpinning to the share.
ironstorm
25/8/2015
12:43
Looking to take out mamagemt??
red army
25/8/2015
12:23
Armstrong investments give them a vote of confidence by nearly 50% increase in their stake. I think I am more bullish here than I have ever been.
ironstorm
25/8/2015
12:19
Outlook looks solid too with further increases in Occupancy signalled for this next half. Another sale would be great too. I am now expecting them to gradually re-rate from here to who knows 250p????
ironstorm
25/8/2015
12:17
These are good results all over and the clarity on the covenants re. the loans is very welcome. Not worth paying the 2 expensive loans back until next year. So LTV down, NAV up, Occupancy up and finally asset sales. With the one sale at 50% higher than recorded NAV. That sale is very good news, the re-financing is excellent news, cash is topped up for now - I know the debt is big but why are these trading at 50-60% of NAV.
ironstorm
24/8/2015
16:53
Westhouse; Investment companies in the property (direct) sector have tended to trade at a premium to their NAV in the last two years. In contrast, Industrial Multi Property Trust* (IMPT) is trading at over a 60% discount to its declared NAV. IMPT’s half yearly report notes that the NAV per share to 30 June 2015 rose to 237p vs. 220p as at 31 December 2014. The fund sold four buildings in the period for £1.55m, 48% higher than its most recent valuation. IMPT continues to focus on preserving and improving the income generated by its property portfolio and enhancing its asset value. We expect the progress being made will, in time, help the company refinance its debt, leading to a convergence between the NAV and the share price, in line with IMPT’s peers.
davebowler
10/8/2015
14:22
£2.90 a share ........http://www.gurufocus.com/term/iv_dcf_share/LSE:IMPT/Intrinsic%2BValue%2B%2528FCF%2BProjected%2529/Industrial%2BMulti%2BProperty%2BTrust%2BPLC
bckttsim
10/8/2015
14:12
http://www.morningstar.co.uk/uk/news/AN_1439189691755925400/industrial-multi-property-trust-planning-refinancing-late-in-2016.aspx
bckttsim
10/8/2015
14:05
Post the Mails comments please.
bckttsim
10/8/2015
14:02
Apart from house brokers et al, can anybody tell me of any tipster magazine / blog / financial journalists that was recommending buying into This share - I know of one and that is the girl in the mail on Sunday, but I would like to hear of others please
matthew palmer
10/8/2015
12:45
I doubt £2 today as the loan finance is not a done deal as yet. It should come after the next bout of profit taking. Even at £2 it is still below current NAV.
red army
10/8/2015
12:44
That's £2.30 a share minimum !
bckttsim
Chat Pages: 7  6  5  4  3  2  1
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