Intu Properties Share Discussion Threads

[maurillac] 30/6/2015 12:41

well it`s looking like a decent reentry point here imho
m

[fitnessman] 08/6/2015 10:09

Surprised this one has dropped as much as it has. Would have thought it to be a strong stock with all the high rental yield properties they have. Anyone agree this is a potential recovery play? I can see a bump in share price when they start posting some good news!

[zcaprd7] 08/6/2015 09:11

Interesting. Glad I took my profit when I did, I guess the discounted placing was a sign of sorts. At the time a few people mention £3.10 and £3 as time to get back in... Will keep monitoring.

[salpara111] 07/6/2015 11:03

In terms of commercial property they have massively underperformed any of the other big group like British Land, Land Securities etc.
The share price would need to be closer to £6 if it were to have performed in line with them over the last 5 years.
I guess the fundamental question is......Is the era of the large out of town shopping mall over? If American experience is anything to go by it is clear that only the best ones are going to survive.
Personally I don't think it is end of shopping malls, but it is equally clear that rent increases are going to harder to come by as retailers have to control what they pay for physical stores in order to be able to compete with online.
I nearly bought this one earlier this year but have done rather better with my alternative IRV which is up almost 25% from my entry point.
If this drops back to the £3 level I may take a stake as a relatively stable yield play.

[eipgam] 05/6/2015 16:09

hmmm... thinking about a trade for 10%

[maurillac] 04/6/2015 12:27

hmm ok quite a big drop back though ...
will just watch a while i think
m

[eipgam] 04/6/2015 12:16

Perhaps it's a lack of enthusiasm for them proposing to spend a load of cash on a new build shopping centre in Malaga?

[maurillac] 03/6/2015 14:04

not been watching this for a while - why the drop back to 325 ish then ?
m

[blueteam] 07/5/2015 08:13

Interesting -from AGM - 17. Authorise the company to purchase its own
shares
(Special Resolution)

[blueteam] 06/5/2015 08:25

good results generally, can see this heading towards 3.70 again.

[corlis] 05/5/2015 10:16

Live 344 which is up 1.5% so far this morning.

[eipgam] 04/5/2015 17:02

Announcing on Wed 6th

and JW has spent another £5m on a top up on 27/04 (is it not a closed period?)

[corlis] 02/5/2015 16:59

Blueteam
Now 338.90
i see this is announcing tue or wed.
I see another little drop beforehand so if i can get 333 - 335-ish then im in.

[blueteam] 30/4/2015 07:02

back to £3.20 soon

[eipgam] 16/3/2015 16:44

JW has bought another 1.5million for in excess of £5m

[blueteam] 10/3/2015 10:38

if it breaks 3.40, then 3.20 quickly

[eipgam] 28/2/2015 12:26

and from the ADVFN newsletter....

Leading decliners on Friday, shares of Intu Properties PLC fell 5.1% following financial results that fell short of analyst estimates. Fiscal year 2014 "should represent the earnings trough but we see poor growth prospects due to slow capture of rental reversions and major developments still far off," wrote Investec analyst Alison Watson in a note.

[eipgam] 28/2/2015 11:45

Could be this bit.... which is disguised by them claiming that rents are going up. Rents for particular units are going up when let but they must be staying empty for longer or more often

" underlying earnings per share 13.3 pence (H1 6.4 pence; H2 6.9 pence) (2013 - 13.7 pence(1) ) reflecting a reduction in like-for-like net rental income of 3.2 per cent in the year "

Anecdotally speaking, there are dozens of empty stores in Eldon Sq, Newcastle. And they have been empty for a long time whilst the company fill a new wing of the centre, and revamp old tired areas.

[zcaprd7] 27/2/2015 14:28

Market not happy?

[eipgam] 29/1/2015 14:17

I wouldn't short it myself.... I'd bet on it rising again should it hit £3.10 but I wouldn't bet on it going down to that level

ATB also

[eastbourne1982] 28/1/2015 12:48

Been trading this one for a while, just reversed my trade, had been long from £3.28 a few weeks ago, closed that out at £3.64 and now short from £3.65.

All the best.

[eipgam] 28/1/2015 12:22

Keep an eye on it, z, just in case it drops to the £3 mark again. Doesn't look like it will at the mo', though...

[zcaprd7] 27/1/2015 13:38

Hmm. Bit of weakness there. Sod it. Took my 25 percent gain. Good luck to other holders...

[zcaprd7] 27/1/2015 09:52

Hope so! Moving higher... I guess they can move away from debt deals and do more placings now the paper is worth more? Nice cyclical play...

[eipgam] 25/1/2015 16:06

Yes, I do, thanks.

JW took up all his rights, I think.

PS Now that I've sold out, i expect £3.90 by Thursday!