Intu Properties Share Discussion Threads

[kemche] 02/8/2019 13:29

smithy, have you missed any out of that list?

[zccax77] 02/8/2019 13:27

I doubt it. Look at what the bond values are doing to get an idea of the losses shareholders will be facing. Whoever buys this will also need to buy the debt all £5bn of it due to change of control. Some of you clowns seem to think they can just buy the equity for £600m and that is it. This is a similar story to Thomas Cook. Management are still busing spending capex on extensions to Trafford, Broadmarsh etc when they cannot even fill the space they already have. They say they have cash and available facilities of £500m, well if they were such a great deal, why don't they buy themselves?

[tsmith2] 02/8/2019 09:34

sitting duck?

[tsmith2] 01/8/2019 18:17

forgot to mention #CTO, #INDV

[tsmith2] 01/8/2019 18:16

I'll do what i please. #STAF, #AMER #AMGO

[kemche] 01/8/2019 16:14

smithy, you continuing to average down?

[wogunremi] 01/8/2019 12:06

:-)
Same with BLND

[chiragmahe] 01/8/2019 12:04

intu and hammerson have dropped my land securities shares like a stone down 6% in 2 days no end in sight.

[mozy123] 01/8/2019 11:58

At least he got something right. His performance has been shocking over the last 5 years. Surprised hes got any clients.

[eggy6198] 01/8/2019 11:53

shorters selling rise and using boredom

[chucko1] 01/8/2019 11:26

This has been one of Odey’s key shorts. Has not taken his foot off thin gas on this one. He cites large debt and required capital spending (which they cannot afford) to bring the properties but to scratch. Without this capital investment, the properties are approaching undesirability- so INTU is in a real pickle and cannot really be compared with other propcos just on account of the discount to NAV. This NAV is somewhere in la-la land.

[tsmith2] 01/8/2019 10:00

still good volume

[zztop] 01/8/2019 09:26

Holiday in the Trafford centre I dont think so.

[zztop] 01/8/2019 09:25

Intu say they will turn empty shops into houses and hotel roomsTrafford centre owners

[chiragmahe] 01/8/2019 09:07

odey has made a killing on this. I see the short started years ago.

[eggy6198] 01/8/2019 09:04

Shorters holding this ... its going alot lower today when they attack again

[tsmith2] 01/8/2019 08:38

Looking for intra day reversal on good volume, certainly vol is there

[tsmith2] 01/8/2019 08:34

uK rates ain't going anywhere

[blueteam] 01/8/2019 08:27

At this price it must get a bid after brexit whatever way. Can't see much downside other than rights issue but then with no divi it should not be needed and sale of some assets. 40P BOTTOM?

[buywell3] 01/8/2019 08:20

Rate cut clobbered the USA yesterday

UK needs a rate RISE to stave off inflation

Carney has created us a BIG problem with his too early and too many rate cuts to keep Banks and the City happy and folks still buying property.

Now England is in trouble with the GBP becoming bog paper

[tsmith2] 01/8/2019 08:15

hand over buy button

[ericshunn] 31/7/2019 22:24

Post 770-773 Just had premature evaluation.

[roulettewheel] 31/7/2019 17:19

Wow I have lost a fair bit, but think has lost a lot more. He will not let it go to zero. He will just buy the whole lot back, say 30% higher with his private equity friends. Although he may let just it drop another 30% first as no rush before 31st October. We all shop at Amazon, but UK Malls still do have a place in our lives.

[chiragmahe] 31/7/2019 16:39

maybe instead of buying the shares better to buy the bond?