Share Name Share Symbol Market Type Share ISIN Share Description
Intu Properties LSE:INTU London Ordinary Share GB0006834344 ORD 50P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.35p -0.73% 183.35p 182.10p 182.45p 184.30p 180.40p 183.00p 4,659,241 16:35:12
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment Trusts 616.0 227.2 16.1 11.4 2,485.62

Intu Properties Share Discussion Threads

Showing 501 to 522 of 525 messages
Chat Pages: 21  20  19  18  17  16  15  14  13  12  11  10  Older
DateSubjectAuthorDiscuss
08/10/2018
14:03
Yes CC short termism tends to be the norm but £2 seems ridiculously low given the circumstances. If it is only that price I’ll have to hope the company will be bold enough to reject it. I can’t blame the proposed purchasers for being opportunistic but you’d have to think that if they have any confidence in the company they’ve built they will see it as that and tell Peel to take a hike.
warranty
08/10/2018
10:50
£2.40
ivancampo
08/10/2018
08:49
Well if that's the case blueteam, then I for one would hope that any bid is firmly rejected. Most holders will have bought at much higher than that and we all suspect that the demise of physical shopping is well overstated by the on line mob. Retailers are fighting back and whilst high streets may suffer that will only result in driving more footfall to shopping centres such as those held by INTU. Add in the leisure, entertainment and potential residential possibilities and this is way oversold now. Yes debt is high but as long as rental income is sustained it is entirely manageable.
warranty
08/10/2018
07:52
So no more than £2 papers say, going to top slice (40%) today and hold the rest to see if any more bids come in.
blueteam
06/10/2018
12:01
It would certainly be a bonus if we got further interest from elsewhere. Maybe Hammerson would fancy another crack or even a Chinese or Middle Eastern consortium. With some of the best placed retail locations in the business and way under book value I'd be more surprised if there weren't other bidders.
warranty
05/10/2018
16:36
Whittaker and Fischel are the two people that know the value of this business. Been a sell forever - at 150p it was a buy. Either Peel and co will get it or flush out a.n.other bidder
ericshunn
05/10/2018
14:19
Well it could be just an opportunistic bid to get INTU on the cheap or it could be a recognition of the true value of the business at this price, who knows? Personally, at anything less than 240p I'd rather the board reject a bit because sooner or later value will be restored and as a LT investor I'm happy to take the terrific dividends until that happens. Even at 240p it's undervalued so any less than that would be an absolute steal.
warranty
05/10/2018
10:29
The only reason that there would be an offer is if the consortium thought that there was plenty of upside from here, which is a share price resulting from various (some dire) brokers and analysts comments, which have, as far as I have seen taken no notice of the actual results, the actual dividend, the actual cash flow or the prospects and have concentrated on the NAV based valuations. So if there was already an interest some time ago, in making an offer if the price got low enough, the analysts and brokers comments have helped significantly to get the price down.
yump
05/10/2018
08:19
yes looks like £2 bid so will hang around 1.90 mark, if in profit may be best to top slice and let the rest run.
blueteam
05/10/2018
07:38
Don't they have to offer highest price of the past 12 months£2.56I thought that's minimum price they can offer
aby1972
05/10/2018
07:34
Looking at the past bids I can only see £2.18 as the top, unless another bidder comes in.
blueteam
05/10/2018
07:21
Perfect timing. The BOD have no where to go other than a sale. Just a question of how much.
loafofbread
05/10/2018
07:17
I suspects buyers have already placed their orders. It'll be in auction first thing
robertball
05/10/2018
07:12
So at least a £2 buyout, would be a real bargain so may bring out another interested buyer. So up to £1.92 and wait. Early morning buyers will be in for this.
blueteam
04/10/2018
23:45
Like all buys of assets, if you have decided that in x years the asset will have appreciated, then buying when its had a kicking is a very good investment and there's not doubt INTU has been valued based on general physical problems with retail space. In 5 years, what will those spaces look like ? That's the point. If you believe we are at the nadir and that those spaces will become lucrative 'destination' venues, where 50% of INTU's customers have better margins than (old) retail, then its a cracking investment.
yump
04/10/2018
19:13
Never ever a more precient post. escapetohome5 Sep '18 - 18:34 - 474 of 491 Edit 0 0 0 Company FOR SALE.
escapetohome
04/10/2018
19:10
Regardless of everything they should still be up c20% tomorrow...
skyship
04/10/2018
19:04
Good news imo
hugepants
04/10/2018
18:53
This is worrying as I think directors will be under huge pressure to accept an offer from a group which already has a large amount of control.
blobby
04/10/2018
18:50
They have 29% already
robizm
04/10/2018
18:50
4 October 2018 "Statement regarding Intu Properties plc ("Intu") The Peel Group ("Peel"), The Olayan Group ("Olayan") and Brookfield Property Group on behalf of funds or vehicles which are managed or advised by it ("Brookfield"), (together the "Consortium"), note the recent press speculation and confirm that the Consortium is in the preliminary stages of considering a possible cash offer (the "Possible Offer") for the issued (and to be issued) share capital of Intu not already owned by members of the Consortium. The Consortium's consideration of the Possible Offer is at a preliminary and exploratory stage and no approach has been made to the Board of Intu. There can be no certainty that any transaction will ultimately be forthcoming, nor can there be any certainty as to the terms of any such transaction. Pursuant to Rule 2.5 of the Code, the Consortium reserves the right to introduce other forms of consideration and/or vary the form or mix of consideration for the Possible Offer. A further announcement will be made if appropriate. In accordance with Rule 2.6(a) of the Code, the Consortium is required, by not later than 5.00 pm (London time) on 1 November 2018 to announce a firm intention to make an offer for the shares it does not already own in Intu in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline can be extended with the consent of the Panel in accordance with Rule 2.6(c) of the Code. As at the date of this announcement, Peel and Olayan, and their respective concert parties are interested in 405,669,386 shares in Intu in aggregate, representing approximately 29.9% of the share capital of Intu. Brookfield is not interested in any shares in Intu.
trcml
28/9/2018
12:11
Well its no substitute yet for the loss of retail rent revenue, but the expansion of VR into shopping centres is quite rapid. I've seen INTU mentioned a few times. Funnily enough a while ago there was something on TV (I forget exactly what) that was talking about the old architectural idea of a community based around an out of town centre (in the US) that had all facilities you'd need. However it got hijacked (in the 60's I think) by rampant consumer retailing. Perhaps years later, shopping centres will morph into real community destinations... although up until a few years ago I certainly wouldn't have dreamt of going to one deliberately for entertainment or food.
yump
Chat Pages: 21  20  19  18  17  16  15  14  13  12  11  10  Older
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:42 V: D:20181015 19:20:54