London & Associated Prop... Share Discussion Threads

[skyracer] 24/7/2003 22:09

Odd. 83k buy, not a flicker.

[skyracer] 23/7/2003 00:29

Well I do think that the share price of HDG is underperforming. However both LAS and HDG will benefit long-term from restructuring their debt as they pay off high fixed rate loans and lock into lower fixed rates. This is happening now. Their floating rate interest payments are also still falling. Add in the very low inflation rate and the yield on LAS is perhaps the most attractive it has ever been.

One day, but who knows when, LAS will be at the receiving end of some some sort of bid which will at least double the share price.

Of course we know that the Heller family won't sell don't we? Well they said that about Bett, and they are saying that about Ben Bailey now. Attitudes and circumstances change with time.

[awilson] 19/7/2003 18:44

LAS has been a long term disappointment. Its shares had a peak of 32.5p at the end of 1989 and fell back therafter in line with the sector. It recovered to 42p in 1994. The Heller family has done well out of the stock through director fees - and so on - but long term external shareholders have lost out in real terms.
Just because it has done a deal with a bank which is also doing many other similar transactions elsewhere does not mean that a LAS shareholder will see any significant benefit.
The St Modwen (SMP)results on Monday will show what a well managed diversified property co can do in this economic climate and could point the way for sluggards such as LAS and HDG.

[simonevans] 18/7/2003 18:40

Great little company this one imo. Starting to gain some momentum with their large retail site investments as well. At a 50% discount and high dividend yield the risk is lower than normal.

[skyracer] 17/7/2003 10:11

This seems to have been missed by ADVFN;

[skyracer] 27/6/2003 16:20

Apparently not.

[shamer] 27/6/2003 13:17

the direcors' share were bought by the company on 14 may at 33.5p. Wasnt this excessive?

[skyracer] 20/6/2003 14:19

Retail total return in May 1.0%

[skyracer] 15/5/2003 00:55

Yikes! Someones hoovering up stock. Wonder if a T-trade or RNS will follow.

15:55 - Ah! here it is;

[skyracer] 13/5/2003 09:03

Retail continues to be the top property sector to invest in with a total return of 1.2% in March and 1.6% in April. The £45m acquisition of King Edward Court in December consequently looks a shrewd move and should add to NAV as the value of this large investment increases.

[skyracer] 19/3/2003 00:29

Satisfactory results, pleasing increase in dividend. LAS now yielding 4.2% and 50% discount to NAV. Retail still the top property sector to be in with total return in February of 1.1%

[skyracer] 11/3/2003 10:20

Results announcement date given as Tuesday 18th March.

[skyracer] 10/3/2003 09:05

Odd. Until now, LAS has always issued their results on the same day as BISI. Suggests an amendment, last minute news item ? Total return from the Retail sector of investment property in January was a satisfactory 1.0%.

[skyracer] 16/1/2003 00:01

Quiet here.

[skyracer] 06/12/2002 07:40

Blimey! Stuffy old LAS become risque. And with BOS too. This retail-orientated deal is big, with fees and capital growth to look forward to. In their area of expertise.

[venus] 31/8/2002 23:16

Try a simpler method of making money - network marketing. Yes I know its old hat but at least it is a proven sucessful formula. Visit:

WWW.VENUS.CASHEVOLUTION.COM and become an affiliate member like myself. I am not saying it will make you rich overnight but after 8 weeks it is paying me $350 a month. Not bad for doing very little. Take a look at the site. What have you got to loose.

[wildrobert] 30/8/2001 23:52

Are any of you still holding? If so what are your thoughts? This nice little boost to the price must indicate something, after all it's not rising because people in general are putting their money into shares is it?

[wildrobert] 26/8/2001 19:15

Michael Walters believes something may be stirring now. See: www.michaelwalters.com

Could this be Heller taking it private?

[jonc] 22/8/2001 18:14

F th echart