Intu Properties Share Discussion Threads

[sentimentrules] 29/11/2019 22:14

And we know what happens the majority re consensus :)

35p.... something sure is bad for share price looool

"Two of 'our' Spanish assets" ... Our?

Mate your just common shareholders. There is no 'our'. The share price is just a market plaything after the money is received by the company at initial. A digit.

Play the digit. .. there is nothing to be 'part of' in any share price apart from that.

If you don't believe me, ask any major shareholder lol

[wigwammer] 29/11/2019 21:59

"These options include disposing of assets, where we are in the advanced stages of selling two of our Spanish assets.." Difficult to imagine this will be bad news for the share price. Reading this board, we certainly know where consensus sits :)

[asagi] 29/11/2019 19:27

Mark Kleinman is the top business scooper. He writes:

[Intu] has hired advisers to work on a critical restructuring of its balance sheet as it prepares to tap investors for new capital

it is extremely difficult to imagine that this will result in good news for the share price. Who would put new money into Intu with the debt still there?

Asagi (short INTU)

[sentimentrules] 29/11/2019 19:07

That's beautiful..

Die intu . Screaming

Monney money money money money money

[wigwammer] 29/11/2019 09:59

WC was bearish at the lows last time, just before it shot up to 50p. Then at 50p he announced that he owned the stock after all in his "Brexit" fund. It quickly dropped back to 35p. A pattern is emerging :)

[williamcooper104] 28/11/2019 21:44

Oops Senior debt being touted at 75p Now PwC brought in for restructuring Doesn't look like a rights issue D for E more likely

[onehanded] 25/11/2019 15:57

next will come the Spanish sales and hope for a share price rise then the rights issue as discussed in the last update.

[markyjacob123] 25/11/2019 13:24

Closing down sale.

Everything must go.

[libertine] 25/11/2019 07:56

Intu Properties PLC - INTU
Disposal of Sprucefield Retail Park
Released 07:00 25-Nov-2019

25 NOVEMBER 2019

DISPOSAL OF SPRUCEFIELD RETAIL PARK

intu properties plc ('intu') has exchanged contracts for the sale of Sprucefield Retail Park to NewRiver REIT Plc for £40 million, in line with the June 2019 valuation.

Sprucefield Retail Park is located in Lisburn, Northern Ireland and comprises of 231,000 sq ft of retail space in five units, anchored by Sainsburys and B&Q.

[sentimentrules] 24/11/2019 21:25

Probably buy weighted

[casino444] 22/11/2019 09:42

What were those trades 2 x 3 million and 2 x 500,000 buys or sells ?? anyone know

[sentimentrules] 19/11/2019 19:56

What a boring previous 8 days. Back to form. ..munch munch

[williamcooper104] 19/11/2019 12:28

To be fair to intu (which I'm not in the habit of doing) there isn't a read across Regionally dominant shopping centres are not retail parks The real issue with intu is the capital structure and the need for capex and cash to refinance If you could buy the EV at the EV without debt then it's probably not over valued Which is why buying into the debt makes sense and possibly looking at the commons after a rescue rights issue

[onehanded] 19/11/2019 08:53

Any rise when they say they have agreed a Spanish disposal which will be soon, will be hit with a rights issue soon afterwards, as they said they will do at the results. Will sell on that news and that rise.

[loafofbread] 19/11/2019 08:00

Todays HMSO deal doesn't bode well for INTU.

The buyer got an 8.5% yield and sold at an 8% discount to April 2019 valuation.

A read across to the Intu estate would be equity wipeout!

[propinv] 18/11/2019 16:17

See Fitch have downgraded Intu metro centre debt and stated new rents running at 25% discount to June 2019 ERV

[mcbull] 18/11/2019 10:16

Going to retest resistance at 50.......way oversold.

[sentimentrules] 14/11/2019 22:32

Williamcooper1048 Nov '19 - 19:00 - 2316 of 2338
0 1 0
It still had huge voids in 2009 - remember the scary thing is that all the current retail woes is happening in a non-recession

......

A simple point but the most powerful, and overlooked

[sentimentrules] 14/11/2019 22:30

I see the gerbils excited today

dear oh dear

Cometh the lesson....

[amaretto1] 14/11/2019 16:11

Just closed for approx 6 points.