Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Mountview Estates Plc LSE:MTVW London Ordinary Share GB0006081037 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 12,050.00 11,600.00 12,000.00 - 0.00 08:19:19
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 64.9 34.9 725.7 16.6 470

Mountview Estates Share Discussion Threads

Showing 501 to 524 of 525 messages
Chat Pages: 21  20  19  18  17  16  15  14  13  12  11  10  Older
DateSubjectAuthorDiscuss
12/1/2021
21:32
jonwig, I think that the stock price is reflecting a partial recovery (only small mind) in 'value' investing. I further think Mountview have probably found a few more opportunities to buy (so they said) and the sales market for their 'kit' has been O.K. of late. I wonder if they have received 'the keys back' from a greater number of tenants due to Covid? I just wish they would do a survey of the age of their tenants and whether they are the first tenant (you can pass a 'regulated' on once).
konradpuss
12/1/2021
17:28
Nope - it's been a head-scratcher since Christmas!
jonwig
12/1/2021
17:26
Mountview up 8% today. Does anyone know why. No RNS, no press comment. Have the Murphy family and Mr Sinclair made up. Only 82 shares traded. Very odd
twells1
31/12/2020
12:21
Jonwig, Mountview own some good locations in London. They bought a big estate in Southfields a while back which must look very good now. The chief executive told me at the last AGM I attended he was much criticised for buying it at 'the wrong time'. I think he has been vindicated. Yes an odd share price move. I think it is just the market makers not the market.
konradpuss
31/12/2020
09:27
Yes, that's possible. But I thought people were moving out of cities so down-market London prices wouldn't take part in that.
jonwig
31/12/2020
09:18
Odd indeed. I have found that the share price reacts more to the trend of house prices than anything else the company does. Plus ca change!
greatgiginthesky
31/12/2020
09:08
Quote now 122-123 (£) and no marked trades today. Odd, to say the least!
jonwig
29/12/2020
08:27
Well we have got a deal from the EU! Low volume as usual and no news feed. I guess, little stock with the market makers and a bit of demand.
konradpuss
29/12/2020
08:07
Wierd move is there something going on here ?
catsick
27/11/2020
15:31
A good link, thanks. Here's the clickable version (for "blue" users): https://www.allsop.co.uk/media/rarity-value-regulated-tenancies/ [Hint, capitalise a letter, eg: Https, etc. and you're OK.]
jonwig
27/11/2020
14:51
hxxps://www.allsop.co.uk/media/rarity-value-regulated-tenancies/ Written last year, but a useful take on the marketplace and commentary on the discounts available. Replace xx with tt. Methinks the increase in inventories will have arisen from a block purchase.
greatgiginthesky
27/11/2020
07:12
konrad - the header title was based on the idea in 2008 that MTVW would benefit from the GFC by hoovering up properties from distressed owners. The same could be happening again considering that London was worst hit in the first wave. The main question is whether the prices were low enough to make a good enough profit margin.
jonwig
26/11/2020
20:28
Yes, that shows as "increase in inventories" (£17.226m) in the cashflow statement, which dwarfs recent previous periods. I haven't had time to look much into these numbers, but I'm pretty satisfied.
jonwig
26/11/2020
20:04
Interesting, Duncan says the company has made 'substantial purchases'. Dividend maintained. How many companies have done that this year?
konradpuss
26/11/2020
12:14
Here, bare bones! https://www.investegate.co.uk/mountview-estates---mtvw-/rns/half-year-report/202011261045146291G/
jonwig
26/11/2020
08:12
I'm sure they usually have results out at 7:00. Mind, they're so detailed and complex that delay can be expected. And Duncan is still busy writing his lengthy narrative.
jonwig
25/11/2020
16:30
I remember quite well at the 2018 AGM I attended the CEO, Duncan Sinclair (who looks and acts much like Benny Hill!) expounding on the history of the company and giving reasons why they have only every really bought regulated tenancies. I did not attend the 2015 AGM so I cannot comment on what was said then.
konradpuss
25/11/2020
15:28
jonwig - agree re 2) but they don't seem to be able to find anyone within the family to take over from DS and they have always acknowledged that their areas of expertise are those quite narrow ones of the existing business so I do think that they will reluctantly accept 1).
strathroyal
25/11/2020
12:31
They have a choice of two strategies: 1) manage the existing porttfolio, buy best of offers that crop up, essentially go into run-off. 2) diversify into other areas of residential property rental. At the 2015 AGM they were tending towards the second one. I can see how this might split shareholders and that asset run-off might suit a bidder.
jonwig
25/11/2020
11:04
Strathroyal, interestingly the management has said previously that they thought the supply of regulated tenancies would have dried up years back, however they keep finding them to purchase, not in the quantities they previously did mind.
konradpuss
25/11/2020
10:09
We shouldn't forget that this is a very mature business. There haven't been any regulated ASTs created since 1988 so the age of the tenants must increase year on year. Add to that the fact that MTVW will find it increasingly difficult to replenish these (which account for 90% of the business) and at some stage in the future, the cash flow from sales will remain available for distribution, debt is less than one year's property sales anyway. That's what I'll be looking for tomorrow as they struggled to replenish their sales last year, a trend which I hope has continued.
strathroyal
25/11/2020
10:02
Great gig in the sky, I think it is very much a business. The skill of running this business is the buying. Then there is the management skills of holding the units and spending as little money as possible on repairs. Then there is the two yearly application to review the rents etc. etc. plus strategic management and trying to buy out tenants. There is currently no enthusiasm from any in the concert party to sell as they perceive this company is the goose that kept paying the golden eggs, which is only my soundings. I think in the long run the Murphys and some younger members of the concert party might will consider selling to the Peers Group. I might be very wrong mind. The tax consequences might well put them off.
konradpuss
25/11/2020
09:29
Where I differ is that I do not regard buying regulated tenancies and holding them to ‘maturity̵7; is a business, any more than me buying a share and holding it for many years is a business. And where the comparison with an investment trust falls down is that ITs don’t have a blocking majority of its shares held by a family. Maybe the family will wish to reassess its position on the passing of the CEO. My point is that if the family then seeks to realise its investment, selling the company at a (reduced) discount to NAV is one option, whilst selling the assets and liquidating the company at no discount is another. Tax considerations excluded. No change in dividend expected tomorrow.
greatgiginthesky
24/11/2020
21:07
Look at the performance of this company over time - and it is even run by what Warren calls "your stupid son-in-law'!
konradpuss
Chat Pages: 21  20  19  18  17  16  15  14  13  12  11  10  Older
ADVFN Advertorial
Your Recent History
LSE
MTVW
Mountview ..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210121 11:12:34