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MAY Mapeley

200.00
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Mapeley Investors - MAY

Mapeley Investors - MAY

Share Name Share Symbol Market Stock Type
Mapeley MAY London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 200.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
200.00 200.00
more quote information »

Top Investor Posts

Top Posts
Posted at 29/6/2022 23:30 by tula100
hxxps://mapeley.com/investor-relations/
After they took it private without buying out the minority shareholders I have had one divi years ago of £10 on my small holding, and the recent one of £75. I don't understand what is happening with them because the recent issued report and accounts shows they have £168.4 million of cash reserves but no info about what they propose going forward.
Posted at 20/2/2009 08:42 by tim 3
Well have to say having followed this stock/thread for a while it looks to me like investors have been well and truely "shaffted" for want of a better word,the anouncment on xmas eve being a good example of this.

I feel for those who have lost money with them.
Posted at 12/1/2009 13:14 by gsands
I could not agree more:

MAPELEY INVESTORS IN ROW OVER BONDS ISSUE
Private investors in property group Mapeley have
accused the company of attempting to bury the news of its 45
million pound capital-raising by releasing the details on
Christmas Eve. Shareholders will vote on the rescue fund-raising
at an emergency meeting to be held later this month. Mapeley
intends to issue a convertible five-year bond that pays 20
percent annual interest. The funds are needed to repay a 60
million pound loan due in April.
Posted at 05/12/2008 08:23 by rochdale
Mapeley lost another 12¼p to 107¾p after its controlling shareholder, Fortress, the US hedge fund, stopped investors cashing out of a key fund.
Posted at 18/11/2008 20:43 by gsands
What a crazy crazy market.

I sincerely hope that for the sake of long term investors that the divi is cut for a period of time and cash retained to add value to the company.
Posted at 13/11/2008 07:43 by rochdale
American shares in Fortress Investment, a highly leveraged fund specialising in property, were under pressure before the release of third-quarter figures. There is talk that its funds have plunged to a tenth of earlier values and that it might have to restructure, allowing investors to cash out. It has a controlling stake in Mapeley, the British property company, which was up 5p to 224p from a record low.
Posted at 31/10/2008 08:44 by nickcduk
0843 GMT [Dow Jones] Mapeley (MAY.LN) shares drop on concerns regarding their refinancing in 2009, says Nomura analyst who sees "Mapeley's highly leveraged business model as broken." Says investors worry whether the company can get hold of any money to refinance their very expensive debt. Mapeley also have very punitive interest rates. Reiterates sell rating and target at 238p. Shares -6.5% at 225p. (ALI)
Posted at 31/10/2008 08:25 by chopsy
Wow! (161p).

Sorry I'm going to be away for a month and I wont be able to see this play out. It will be fascinating to see where the bottom is, and what the outcome is. I'm not saying the company will survive, (in its present form) but I have little doubt there will be one or more bagging opportunities along the way.

Good luck to all, traders and investors alike.
Posted at 26/10/2008 00:30 by gsands
A share buy is the best use of company funds at the moment. Better than any return they could currently get in the property investment market. Equity is being undervalued IMO.

Less shares in circulation means each investor holds a larger piece of the pie. Each investor receives a larger dividend without the company having to pay out any more cash.

SP is supported at a higher level meaning that future share placings could be more viable.

Re asset write downs: writing down the asset pushes up the yield.
When base rates are 1-2%, property yields of 5% will look good. I don't think Mapeley's assets will be written down much further.
Posted at 26/1/2008 13:35 by losses
On London: Early birds could get property worm
By Daniel Thomas
January 25, 2008 7:33:00 PM
 
With commercial property values still in freefall and property funds suffering savage liquidity problems, who would have thought that some of the best-performing stocks in a besieged London market would be the property companies.
The commercial property sector has yielded total returns of more than 5 per cent so far this year, supported by impressive performances from British Land, up 9.2 per cent, Hammerson, 12.2 per cent, and Brixton, up 12 per cent.
The rally is a clear sign of a rapid change in market sentiment from fearful to broadly optimistic, with many now predicting a swift end to losses and a wave of bargain hunting among canny investors.
What a difference a few weeks make. Last year was the worst on record for the property sector. Total returns from shares fell some 36 per cent in 2007, according to JPMorgan, with companies such as British Land trading at the end of the year at a discount to net asset value of more than 50 per cent.
"The downside risk is very limited at these levels," said Harm Meijer, analyst at JPMorgan. "We have seen a rotation out of vulnerable sectors into property, which at least offers solid income prospects."
Certain housebuilders have also seen a recovery after shares in the sector dropped 45 per cent in 2007.
Residential and commercial property values continue to come under pressure, but this, say analysts, has already been priced in and more. "The market had got itself in a frenzy," said Kevin Cammack, analyst at Kaupthing. "Trading updates have suggested that the market is tough but not in meltdown, particularly given the likelihood of interest rate cuts."
Mr Cammack warned this does not look like the housebuilder sector has turned a corner, however, and housebuilders remain among the most "shorted" stocks, according to Data Explorers.
But analysts predict there could be a more sustained bull run in the commercial property sector. Upbeat reports this week from Land Securities, Great Portland Estates and Helical Bar have helped shift sentiment further.
There is a broad expectation the market is quickly finding a floor after its savage de-rating.
Average initial yields – the combination of the rent and capital values – are at 5.2 per cent and rising, moving above the five-year "swap" rate of 4.8 per cent at which most property loans are priced. This suggests property is once again self-financing.
Lending margins remain wide and the loans as a proportion of values have been lowered, but investors report funds are still available.
This is most clearly highlighted by the money being raised by so-called "opportunity" funds. There has been more than £10bn pledged in the last few weeks by a wide range of well known property investors. "We may not call it an opportunity fund but we can get our hands on up to £500m if we wanted," said Mike Slade, chief executive of Helical Bar, who predicted buying would begin in earnest in the second quarter.
There are more investors, including sovereign wealth funds, said to be waiting to return.
"All at once, the recovery story stacks up," said Mike Prew, analyst at Lehman Brothers, adding that equity investors were seeing a "cheaper way" into property by buying real estate investment trusts at deep discounts.
Mr Prew points to the three per cent stake the Singaporean government recently built in British Land as an example. Elsewhere, Laxey Partners, the shareholder group, is looking to raise up to £1bn to buy discounted property shares.
The rationale behind Laxey's fund is not only that shares are cheap, but that this will lead to widespread consolidation.
Even if corporate buyers wait until values have stabilised, early bird investors may find themselves with bargains before the end of the quarter.

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