Intu Properties Share Discussion Threads

[greg2019] 21/4/2020 11:27

Make it simple, as intu is going to bust, just sell to renters, as 90% of shops signed a 7-10 rent contract. Selling to renters can reduce 50% cost each year, after 20 years, no rent cost.

[greg2019] 21/4/2020 11:25

Selling to renters, book value is 574.02 pence per share, properties are not oil , need space to store,

Intu properties can stay there for 100 years.

Properties will not reduce to the price to re build it, selling to renters can reduce 50% cost.

Trafford center re build cost is 1.5 billion pounds, the re valuation is lower than re build cost, re valuation is not acceptable.

[greg2019] 21/4/2020 11:20

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 on average, if selling to renters , the price can even increase to 10 years rent price , the true book value should be 411*1.397= 574.02 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)*1.397 *0.7= 9.68 billion pounds within 1 year, and 13.83 billion pounds within 2 years.  Book value is roughly 574.02 pence 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 574.02 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 452.1-574.02 pence book value 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)

[ericshunn] 21/4/2020 10:56

Anyone thinking at the June interims INTU will likely have a negative NAV?

[greg2019] 21/4/2020 08:47

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 on average, if selling to renters , the price can even increase to 10 years rent price , the true book value should be 411*1.397= 574.02 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)*1.397 *0.7= 9.68 billion pounds within 1 year, and 13.83 billion pounds within 2 years.  Book value is roughly 574.02 pence 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 574.02 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 452.1-574.02 pence book value 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)

[greg2019] 17/4/2020 14:44

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 on average, if selling to renters , the price can even increase to 10 years rent price , the true book value should be 411*1.397= 574.02 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)*1.397 *0.7= 9.68 billion pounds within 1 year, and 13.83 billion pounds within 2 years.  Book value is roughly 574.02 pence 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 574.02 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 452.1-574.02 pence book value 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] 16/4/2020 21:10

Well they still have to buy back about 6.7 million shares which should encourage a bit of a rally.

[whatsthepoint] 16/4/2020 18:21

So Polar Capital as I suggested covered a further .25% of their short positions yesterday. Another 3.5 million shares. They and the MM must have managed that purchase very skilfully. Why aren't more people buying this for the inherent asset value. I'm sure this company has enough skill in its management team to trade its way out of this situation. Got to be worth a punt at this price if the shorts are buying back stock. They usually on the ball

[greg2019] 16/4/2020 15:35

Depend on how much fund and time you have, buy as much as you can now, hold for 43 days, a taken over is a must no less than 2.5 billion pounds before annual shareholders meeting , unless intu properties are happy to explain the numbers and lots of clear problems on financial statement in front of shareholders and world media ;-)

[whatsthepoint] 16/4/2020 15:06

Well Greg this looks like it's more likely to pop up to 10p than drop to 1p. But I could be wrong just going by trading activity of past few days.

[greg2019] 16/4/2020 11:39

Please notice that, buy as much as you can when intu properties suddenly drop to (1.00 1.80) or possibly ( 0.2, 1.00), set automaticly to buy when price reach (3.50 4.30), this is share market.

[ny boy] 16/4/2020 11:30

My only property sector play for recovery once lock down is over..(HMSO), bought 57p recently and added very recently, in the 70’s and 60’s this morning but it’s nit a short term hold. DYOR as usual, not a tip, just my view on the sector.

This one has had plenty of warnings when it was in the 30’s that it was uninvestable, I don’t think much has changed imo

[whatsthepoint] 16/4/2020 11:25

And why is that ?

[greg2019] 16/4/2020 11:20

The share price will drop suddenly to (1.00 1.80) 90% chance, in next 45 days, so take care.

[whatsthepoint] 16/4/2020 10:56

Chart starting to look interesting a change of direction and a gap to fill up to 10p.

[zcaprd7] 16/4/2020 10:01

Yes, but now it's just filtered posts on here...

[whatsthepoint] 16/4/2020 09:45

Starting to get interesting now. Buys in charge.

[greg2019] 16/4/2020 08:16

This is key point, the best strategy for intu properties to collect cash for shareholders, as shareholders benefit is the fist priority in any public companies.

[greg2019] 16/4/2020 08:05

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 on average, if selling to renters , the price can even increase to 10 years rent price , the true book value should be 411*1.397= 574.02 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)*1.397 *0.7= 9.68 billion pounds within 1 year, and 13.83 billion pounds within 2 years.  Book value is roughly 574.02 pence 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 574.02 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 book value 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)






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 on average, if selling to renters , the price can even increase to 10 years rent price , the true book value should be 411*1.397= 574.02 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)*1.397 *0.7= 9.68 billion pounds within 1 year, and 13.83 billion pounds within 2 years.  Book value is roughly 574.02 pence 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 574.02 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 book value 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)