Intu Properties Share Discussion Threads

[ericshunn] 26/2/2020 15:47

10 for 1 at 10p

[ericshunn] 26/2/2020 15:47

10 for 1 at 10p

[ericshunn] 26/2/2020 15:47

10 for 1 at 10p

[nickrl] 26/2/2020 13:28

INTU have put out an announcement on there RCF being extended to 2024 v 2021 but reduced from 600m to 440m AND being dependent on raising 1.3B of new equity!!



So we have a number someone can work how many shares thats going to need and pricing

[nickrl] 21/2/2020 14:50

Orion Capital who bought HMSOs retail parks today were mooted as Intu suitor a while back so have they got what they wanted now and that leaves Intu with one less interested party?

[kenny] 21/2/2020 13:42

Presumably, INTU is down today on the news that HMSO sold it's retail parks at a 22.2% discount to June 2019 values.

If the mark down on INTU is that steep, I assume it is game over for ordinary shareholders.

[the stinger] 19/2/2020 10:51

Booming now.

[ericshunn] 19/2/2020 10:46

Too pathetic for words. How long since they signposted the need for a capital raise.

[zcaprd7] 18/2/2020 09:09

Fastjet did, but that hasn't ended well...

[williamcooper104] 17/2/2020 20:40

Sam - please tell me a rescue rights issue that's been done at a premium to market price Santa ? not coming

[nickrl] 17/2/2020 18:29

Results due this week?

[ny boy] 17/2/2020 12:52

Terminal, has been for ages, there was a scathing write up by an analyst, last autumn, after reading it, no one sensible would invest, the analyst has been proved right.
No reason to buy a single share here.

[sam_] 17/2/2020 11:34

Sure, tell that to this dude:

11:31:37
11.927
1,029,937
£122.84k

[tomboyb] 17/2/2020 09:48

Well -

The equity will end up as negligible -

£1 billion to raise in this environment in no mean feat in this sector -

There may well be " some" value here for a bigger investor but it looks like at the cost of the equity -

My take is that at some point the creditors will eventually take over -

[sam_] 17/2/2020 09:45

What about going to 1p , or perhaps -5p - C'mon talk some sense here ha


"Intu’s shares closed at 12p on Friday, valuing the business at £163m — a fraction of the £8.4bn its assets are valued at in its books."

The only reason share price is at this level is because no one knows what the fundraising will be at and shorters have been talking full advantage of the situation by spreading panic. The share price will bounce back up as soon as the company announces its fundraising which unlikely to be around the current heavily beaten share price

[zztop] 17/2/2020 09:38

If it goes to 10 its gonna go to 5

[escapetohome] 17/2/2020 08:27

Its moving closer to my 10p £1000 punt level

[dice1950] 17/2/2020 06:12

Intu in talks to restore executive stock awards
Share price continues to fall as landlord struggles with debt and retail crisis

[escapetohome] 13/2/2020 12:12

Oh, thanks, ill bear that in mind.