Invista Share Discussion Threads

[badtime] 04/7/2011 21:38

hmm..who gt 15p this morning!

[skyship] 03/7/2011 15:46

A short note just to say that I've opened a new thread using the EPIC "SL" and under the title:

SELF-LIQUIDATION can provide attractive upside...



We are seeing quite a few of these opportunities; and it is hoped that posters will advise of others as they appear.

[skyship] 02/7/2011 16:04

I hadn't appreciated the fact that the IERE management contract doesn't expire until 18th September 2012. Useful earnings continuing...

(The IFD management contract expires 21 March 2012)

[alanji] 29/6/2011 13:44

Money received in my Sippdeal account, today.
At least they managed to get that right!!

[spectoacc] 28/6/2011 13:55

Can't believe what a mess the co made of this - they even called me back during the day on Fri to confirm the situation (completely incorrectly).

[praipus] 27/6/2011 11:44

Hi SkyShip where do you track the NAV for INRE?

[hugepants] 27/6/2011 10:04

With all due respect you'd have to be bonkers to buy these if you think the NAV is only 18p. Even if NAV is 20p I wouldn't buy but Id probably sell at 15p. I was hoping the discount to NAV (whatever that is) would have closed more today.

[skyship] 27/6/2011 08:05

So:- 13.0p/15.75p versus an NAV of perhaps c18p, perhaps more.

[chopshs] 24/6/2011 21:58

After the debacle over the past couple of years, especially the last few months, perhaps today's events are not completely unsurprising.

Wonder whether any company insiders tried to take advantage of the confusion this morning?

Hope any holders post Monday are confident in management's ability to run this company down. lol.

[scburbs] 24/6/2011 17:49

Shambles, but then it did seem too good to be true hence me double and triple checking on a recorded call before trading, but to no avail! A bit hard to argue that my triple checking was intended to cover a scenario when the SE reverses everything! Distribution cash which had hit my account has now been reversed out and positions restored.

[skyship] 24/6/2011 14:28

Alan - I wish - I was a hopeless trader!!

After I left the Market I did a detailed spreadsheet (didn't call it that in those days - also everything on paper - laborious waste of time!!).

Anyway, the result was that:

# Account trades lost money (max 14days back then)

# 1-3 month investments made money

# 4-6 month investments made real money

[loverat] 24/6/2011 13:57

ROTFLMAO

You just have to laugh sometimes.

Anyway - I believe SKYSHIP makes a very important point.

In my view a balance needs to be struck between helping less experienced investors by delivering clear messages to the market. On the other hand - having witnessed the Room Service situation I also have sympathy with those who suggest investors need to take reponsibility for their own actions.

As I say, a balance. Anyone who wishes to express their views elsewhere there is a shareholders rights section on here....



You need to register first however.

[skyship] 24/6/2011 13:43

No - a London fireman - including all allowances that's what we get these days. My brother is a Tube Driver - he gets slightly less than £150/hr...

[loverat] 24/6/2011 13:39

SKYSHIP

£250 per hour. What do you do for a living?

A London Underground Tube Driver by the sound of what you say.

Well, if so - you cannot claim this money when on strike.





But more seriously - I do have sympathy for your situation.

[skyship] 24/6/2011 13:30

I've emailed the LSE re the "professionals" charges:

==========================================================
Dear Ms Cowan

As a private shareholder in INRE, I can to a certain extent understand that you may wish to unravel all trades prior to 09:30, but surely, post the RNS issued at that time, all trades should stand as it was clear then that we were dealing XD.

Because some parties failed to understand the significance of the RNS, you should not be stepping in as the guardian of the less knowledgeable.

Will I in future be able to plead some sort of ignorance over all investments i make which result in a loss - I suspect not.

I sold 12% of my holding before 09:30; and after the RNS I sold the balance of my holding as I was clearly doing so in an XD state.

Why are you penalising me in this way?

Please answer; and at the same time would you please confirm that you at least understand my view when I say that Hawkpoint & Collins Stewart should provide their services to INRE at no charge from now to final liquidation in c18months time.

Thnx

[skyship] 24/6/2011 13:15

28.5p - 31p - not much to do there then

What I want to know is who is going to pay me for the 4hrs wasted this morning. At a charge rate of £250/hr - someone owes me a round £1000...

Seriously .... a Mr Lambert from Collins Steward phoned just now to apologise for this morning's problems - at least I assume that was going to be what he said before I jumped in to suggest free service from hereon in. He said he couldn't possibly comment. I said they should discuss that with Hawkpoint asap...

[loverat] 24/6/2011 13:12

You know what - the most fun I had reading a thread (apart from this) was the Room Service thread - going back to 2003.

The MM's massively oversold the stock (they sold 250% of the shares and were later fined for creating a disorderly market) and what was comical was before this was discovered ADVFN posters were proudly posting that they held 2 or 3% of the company etc.

And even funnier was when they collectively added up their holdings on the thread and discovered they 'owned' 70% of the company!!

You have to laugh sometimes.

[loverat] 24/6/2011 12:56

Oh dear - I do hope there won't be any more confusion today!

Think best to shut up shop for the day and re-open Monday.

[tiltonboy] 24/6/2011 12:48

Suspension lifted at 1pm.

[envirovision] 24/6/2011 12:46

So if they ever do unsuspend them, buy.

[loverat] 24/6/2011 12:42

24 June 2011



PRESS ANNOUNCEMENT
--------------------------------------------------------------------

FOR IMMEDIATE RELEASE
--------------------------------------------------------------------

24 JUNE 2011
--------------------------------------------------------------------

INVISTA REAL ESTATE INVESTMENT MANAGEMENT HOLDINGS PLC ("INVISTA"
OR THE "COMPANY")
--------------------------------------------------------------------

REVISED ANNOUCEMENT RE: RETURN OF CAPITAL
--------------------------------------------------------------------

Further to the announcement of 10.15am on 24
June 2011 the following amendment has been
made.

As announced earlier today, the return of
capital involves a payment of 18 pence per
ordinary share to Shareholders on the register
as at close of business on 24 June 2011 with the
existing Ordinary shares to be marked
Ex-Entitlement to the return of capital on 27
June 2011.
Final timetable
--------------------------------------------------------------------
Record date: 24 June 2011
Ex-date: 27 June 2011
Payment date: 29 June 2011
---------------- --------------------------------------------------



Enquiries:
----------------------------------------- ----------------------------
Hawkpoint Partners Limited Tel: [phone]
(Nominated adviser to the Company)
Edward Arkus
Sunil Duggal
----------------------------------------- ----------------------------
Financial Dynamics Tel: [phone]
Ed Gascoigne-Pees
----------------------------------------- ----------------------------
Collins Stewart Europe Limited Tel: [phone]

[spectoacc] 24/6/2011 12:42

" Hawkpoint Partners Limited, which is authorised and regulated
in the United Kingdom by the Financial Services Authority,
is acting as nominated adviser to Invista Real Estate Investment
Management Holdings plc and is acting for no-one else in connection
with the proposed return of capital to Shareholders and proposed
cancellation of share premium account and will not be responsible
to anyone other than Invista Real Estate Investment Management
Holdings plc for providing the protections afforded to clients
of Hawkpoint Partners Limited nor for providing advice in
connection with the proposed return of capital to Shareholders
and proposed cancellation of share premium account or any
other matter referred to herein."