Intu Properties Share Discussion Threads

[whatsthepoint] 15/4/2020 09:51

Why wait send your Calcs to board now !!!

[greg2019] 15/4/2020 09:48

If a taken over no less than 2.5 billion pounds not happen before annual shareholders meeting in May 2020, I will show the calculation in front of all shareholders and media.

[greg2019] 15/4/2020 09:22

As shareholder, I will suggest intu properties sell all shops to renters, basic on the calculation above.

[greg2019] 15/4/2020 09:21

CEO took 600,000 pounds salary from shareholders, but said not in rush to sell, however stated intu is going to bust.

95.6% share price droped in 1 year, any companies , anywhere , Ceo must leave in May 2020, otherwise, this is evidence intu steal shareholders money.

[whatsthepoint] 15/4/2020 09:16

Why then has there not been a takeover bid by someone with the same view as you ? Who could break up the business as you suggest !

[greg2019] 15/4/2020 09:15

Billionaire John walked away at the price 2.9 billion pounds, during this particular period , no less than 2.5 billion pounds 184.5 pence per share us acceptable, after coronavirus, taken over will higher than 2.8 billion pounds, as intu properties can sell to renters, who can reduce rent cost 50%. Also shareholders can receive 452.1 pence per share.why not?

[greg2019] 15/4/2020 09:12

Please think logically, market demand, price, my calculation basic on numbers, intu properties book value is around 452.1 pence per share to 470 pence per share, if you don't believe me, just encourage intu to sell to renters, who paid a high price, signing a 7-10 years contract, invested lots on decoration etc.

[greg2019] 15/4/2020 09:08

If one company is going to bust, all assets should be sold at higher price as possible , pay debt and bond back first , and return the rest value to shareholders.

[whatsthepoint] 15/4/2020 09:02

I'm afraid your head is also in the sand if you think this will recover to £4.50. Or will ever get taken over at that book value.

[greg2019] 15/4/2020 09:02

Make it simple, as intu properties is going to bust stated by CEO, ok, let sell shops to renters rather than renting, like a car 'rent to buy' the total money intu will easily receive is 11.55 billion pounds around minus 5 billion pounds debt, equally 6.5 billion pound equity, divided by 1355 000 000 shares issued = 480 pence per share, this is basic on market demand , as already 90% rented out at a high price.

[whatsthepoint] 15/4/2020 08:56

But those individual shops are not up for sale are they.

[whatsthepoint] 15/4/2020 08:55

Well why is no one buying the shares then. ?

[greg2019] 15/4/2020 08:50

Your thinking is totally wrong, how many shops is empty ?

I am talking the current renters, who pay 120567 pounds for 156 square meters for 1 year, if buy the shop, cost will be reduced to 60000 pounds per year 50% down, after 20 years, the rent cost is zero, the re valuation since 2017 is totally wrong, basic on what? The true book value is 452.1 pence per share, basic on price, market demand , scientific , logical .

[greg2019] 15/4/2020 08:46

An advertisment states ' INTU Merry hill Shop to rent
£ 129,654 per Annum 1665 square feet.'
In February 2020. A screenshot being taken as an evidence.

Let's work out, why revaluation since 2017 is not acceptable, book value reduced from 411 pence to 147 pence per share, basic on what? Basic on CEO 's  Mouth?

1665 square feet /10.764 = 154.68 square meter.

129654/154.68=838.21 pounds per square meter per year

Current Merry Hill sale price is 587600000 pounds, totally 155200 square meter. 587600000/155200 = 3786.08 pounds per square meter.

3786.08/838.21= 4.52 years, which mean if a renter pay the rent for 4.52 years, the total amount of money paid in 4.52 years, can buy the shop (999 years), therefore, if you are a renter, are you willing to sign a rent contract for 7 to 10 years (on average), or buy the shop?

And also basic on this calculation, re valuation in 2019 is much lower than 2011 is not acceptable, the true value is 382 pence per share basic on Spanish asset  sold price at end of 2019.

During coronavirus, the government will pay salary for 6 months, even intu properties close for 6 month to 1 year (insurance can pay salary when losing a job or government might can pay up to 1 year salary), even no any income for 1 year, but almost no cost as well, so intu properties true value will remain 382 pence per share basic on Spanish asset sold price.

CEO set ' fix balance sheet as strategy ', actually, which is a financial department strategy, if intu properties change strategy to selling all shops to individual renters, as they already invested lots on decoration, built loyalty customers etc, they don't want to move firstly, basic on the calculation above, only silly people don't buy, the selling price to renters can easily go up to the price on 2017. The valuation in 2017 is 931,000,000 pounds for merry hill, divided by 155200 = 5998.71 pounds per square meter, 5998.71/838.21= 7.16 years, as the renters signed 7-10 years rent contract, if selling to renters , the price can even increase 10% than 2017, the true book value should be 411*1.1= 452.1 pence per share, if the renters get mortgage from bank for 20 years,  only pay half of current rent roughly , after 20 years, no rent cost for renters, only pay a little bit service charge (Intu properties only need to remain securities,  rubbish collection , air condition water, cleaning and electricity basic service charge, still profitable) and business rates. at the other side, intu properties will receive 70% cash (10.5-0.6)*1.1 *0.7= 7.623 billion pounds within 1 year, and 10.89 billion pounds within 2 years.  10.89 billion pounds - 4.5 billion pounds debt & bond=4.72 pounds per share.

As intu properties already listed intu merry hill to sell, why don't sell renters already engaged and also invest lots on decoration and loyalty customers etc., which can reduce the rent cost up to 48.5% in 20 years, after 20 years, no rent cost, the demand is high, and the most important thing is selling at a higher price. If they refuse to sell at a higher price and an easier way to renters, this is an evidence scam.

In conclusion, share price droped 95.6% in 1 year, in any companies , the chairman and CEO must leave, otherwise intu properties confirm re valuation, right issue, cash call, 9 brand online fashion etc. is scam.

We will forecast a taken over is a must no less than 2.5 billion pounds ,184.5 pence per share or to selling individual shops to renters at as higher price as possible, to show a clean-handed, otherwise, intu properties will be investigated by world investors and reported by world media, and management team will be sued to prison by positive UK Government and Polices.

Please return shareholders money 452.1 pence to 472 pence per share. ( The location Merry Hill  are worse than ARNDALE center etc. The price is even higher), over 90% shop been rented out at a high price with an average contract 7-10 years, if the renters buying the shops with mortgage, can reduce rent cost 50% each year within 20 years , and no rent cost after 20 years, there is no excuses for the renters not buying the shop. Even 50% shops closed, which mean intu can sell 50% shops to renters as 50% reduced on rent cost, intu properties for sure not going to bust.

Make it simple, there is no excuse for renters not buying the shops as cost can reduce 50% each year for 20 years, after 20 years, no rent cost, even 50% shop closed, intu properties are still not going to bust.

So we will forecast that a taken over is a must no less than 2.5 billion pounds, 184.5 pence per share (basic on all sorts of data, under the condition no big complaints ) before annual shareholders meeting, otherwise, intu properties management will be sued to prison (90% shareholders been hurt by 95.6 % dropped in a properties company book value is 411 pence per share in 2017), peel group will lost all money, Intu need to return shareholders up to 30 billion pounds , LSE will lost 50% of international financial markets and UK financial companies will lost 50% international market in next 10 years, intu-virus once being reported by world media (thousand of shareholders are on the way to sue intu properties at annual shareholders meeting, you can't miss it by statistics).

As global needs fund already forecasted cash call (on 12-03-2020) being terminated in January 2020, we also forecast today(14-April 2020) any actions try to delist below book value (184.5 pence per share minimum ) basic on the calculation above, will definitely being investigated by world shareholders at annual shareholders meeting in May 2020.

One more point, if a renter buy the shop, can still sell the shop anytime later on, as the value of the shop is increasing , but not dropping at least , the renters actually pay nothing for the rent from now on once of buying the shop, even a profit on the shop properties value, in conclusion, renters as already engaged with intu properties, and spend lots on decoration and built loyalty customers, buying the shop equally no rent cost from now on, only silly people don't buy, global needs fund will forecaste 90% shops can be sold within 1 year if intu  properties sell the shop to individual renters or millions properties investors.

If one renter buy the shop, each year rent cost reduce 50%, and after 20 years , no rent cost,  are you going to buy or rent (7-10 years rent contract).

If intu properties sell individual shops to renters at a higher price 452.1 pence per share and easier , why sales at a low price below 184.5 pence per share to one single buyer? (Properties are not watermelons, after 10 days, the value will drop to nothing)

[whatsthepoint] 15/4/2020 08:29

Greg it would be nice if it could just close the gap to 10p not sure why you are dreaming of £4.50 that's not likely to be seen in my lifetime. retail is not going to get back to its hay day any time soon. Shorters will be pushing for debt for equity. That's how they get out of their positions.

[greg2019] 15/4/2020 08:25

Even 50% shops closed, selling to renters or millions of properties investors, intu properties is not going to bust.

[greg2019] 15/4/2020 08:23

Go short in this situation book value is 452.1 pence per share, only silly people will do, 95% of shareholders engaged above 150 pence per share, are you going to sell at 7 pence share if bought the share at 250 pence per share?

Basic on the calculation logically, scientific method, and market demand.thr book value is 452.1 pence per share.

[whatsthepoint] 15/4/2020 07:03

Another strong start from a strong finish yesterday. Pressure builds on the shorts.

[whatsthepoint] 14/4/2020 15:48

Well that late drop certainly looked very fake a strong finish bodes well for this tomorrow. Maybe an update or some news. But clearly a change in sentiment and direction underway. If they survive this is very undervalued.

[greg2019] 14/4/2020 14:45

Any wrong action, cash call, right issue, or selling at a low price , it so clear, basic on the calculation , taken over lower than 2.5 billion pounds , will be investigated by shareholders.

[nickrl] 14/4/2020 14:32

Whatsthepoint insider knowledge perhaps that they've got a deal with some of there lenders to cover off covenant breaches as i doubt any lender will want to throw them to the wall currently.

[greg2019] 14/4/2020 13:36

One more point, if a renter buy the shop, can still sell the shop anytime later on, as the value of the shop is increasing , but not dropping at least , the renters actually pay nothing for the rent from now on once of buying the shop, even a profit on the shop properties value, in conclusion, renters as already engaged with intu properties, and spend lots on decoration and built loyalty customers, buying the shop equally no rent cost from now on, only silly people don't buy, global needs fund will forecaste 90% shops can be sold within 1 year if intu  properties sell the shop to individual renters or millions properties investors