O Twelve Estates Share Discussion Threads

[comedy] 12/2/2010 12:44

q think we are about to pop.

[quraishim] 12/2/2010 12:00

The proof is that there is blocks being bought...and similar pattern after 2pm when volume takes pace...their portfolio is attractive commercial is attracting over 7% return and properties around the olompic Zone bears well for the one who is stake building...

[cyril4] 12/2/2010 11:07

where is the proof perloff has any interest in this one

[comedy] 12/2/2010 10:19

have you seen the 3 mill plus trades from yesterday????

made the mistake of selling txr just as it started to move from lows of 4p...so certainly wont be doing that here...

thinking either 3 mill trades overhang cleared? or actually buys disgusied by market...as share price is moving up...so guess roll on a month or two and we will get clarity.

good post q re valuations.

[quraishim] 12/2/2010 09:30

paragon very true...they have done to many stocks like ote its better sometimes to be cash rich and benefit from their antics....in november we were buying at 12.5..........results were good...then they brought it to 7p..all were predicting 20p plus backed by property valuation of £174 million...but recent session does indicate someone is building a stake.

[paragon157] 12/2/2010 09:22

Yeah .. The "Spivs/MM's" have well and truly Milked the share price down now they want it Up again .. Lmao at their very predictable antics !

[quraishim] 12/2/2010 08:46

comedy thanks....all positive reading the results....

Property valuation of GBP171.5 million (30 September 2008: GBP232.9 million, 31 |
| March 2009: GBP173.6 million)*

Property Valuation £173.6 million...market cap of just under £10million..............hmmmm

[comedy] 12/2/2010 08:43

sorry q dont have info...was in these since last year when it jumped from lows of 4p i think...been trading them and building a position since last year...have a look at volume which is huge for this share so dont know if someone is building a stake...sold some at 8p just before drop to 6p...but if moves does go well...holding some for long term. gl

[esanlfc] 12/2/2010 08:32

been watching OTE for a while but was too slow to get in low 6's so bought in first thing this morning. reckon they still look pretty cheap even at 8p so will wait this one out for a push near 10p whenever that comes

[quraishim] 12/2/2010 08:15

comedy whats the NAV of OTE..looks like heavy interest in last two sessions

Property valuation of GBP171.5 million (30 September 2008: GBP232.9 million, 31 |
| March 2009: GBP173.6 million

[comedy] 11/2/2010 20:41

any idea of the 2 3 mill plus trades??

[comedy] 11/2/2010 15:10

lol windjammer well done...afraid was too tied up in other stocks so missed the bottom of 6.25p..but took 75k yesterday. will hold for the next cycle. gl

[truckertee] 11/2/2010 14:23

That's what I thought as well, even the late trades look like buys.
However if that's the case they're up to their old tricks of battering the share price down on minimum sells and creeping it up on heavy buying.
Just need to wait till the end to see if they hike it up.
Strangely the "big boys" are down today whilst we're up.

[w1ndjammer] 11/2/2010 14:21

it was me comedy
had this one on the radar for yonks
today was the day, long term hold for me.

WJ.

[comedy] 11/2/2010 14:14

guys is it me or the volume here is huge???? think someone buying in on the cheap???

[daniel] 09/2/2010 18:31

Yes, they need not comment on that short rise following a inverse fall of 4000% from 120p to 3p. At that point, the company was priced to fail. Now its debt has been restructured with sound balance sheet. If however; an offer, placing or merger were to be contemplated at today's valuation; directors would be culpable.

[envirovision] 08/2/2010 19:29

LOL they never came out and stated any reason why it rose from 3p to 16p last year, an astonishing rise of well over 400%, most of this in a matter of a weeks, more over i really dont seem to recall any posters complaining then infact not one from memory.

Funny how all of a sudden someone should think they should now.

[daniel] 08/2/2010 17:59

The Directors need to state clearly to the market if they know of any reason for the significant decline in the share price. The share price now requires a 100% increase to be back at October prices. Given the debt restructuring, agm, share buy back and other important events since Sept, the share price anomaly is of concern.

[envirovision] 08/2/2010 12:48

Theres no evidence perloff could or would take it out if thats what you mean. I guess if he bought anouther significant slug he would have to.

However like topvest said hes got the trump card. He is a property guru, his history and experience puts the boards and ceo's of pretty much every other property company not to mention property fund manager to shame, lets put it this way he knows what he is doing, thats all we really need to know.

[cyril4] 08/2/2010 12:35

is perloff really after this,where is the info coming from

[topvest] 07/2/2010 11:31

Yes, good point on Panther. I think that Perloff would be reluctant to "bet the whole of Panther" on this as the debt take on is quite high for a company of Panther's size. Equally, he is not likely to sell this stake for anything like today's price.

However, Perloff does hold the trump cards so it's down to him to decide what he does. He sold out of the related Rugby vehicle at a loss, to Terra Catalyst which surprised me. Maybe that's because he preferred to focus on this one.

Things are likely to change in 2010 though. One way or the other something will happen here.

[ydderf] 07/2/2010 09:50

I bought these a few months ago at 5.5 as I remember, then sold them at prices up to 14p in a lucky spike. It seems a no brainer to me, the property investment market has moved up about 20% from the lows and the refinancing means that the derivative is likely to expire worthless and rapidly from here on. Add 20% to the last portfolio valuation (+ 15 million?) and elimiate the bookkeeping entry ( which is all the derivative negative is) and you already have nav of 25p.

The Panther stake shouLD ensure that shareholder's interests are protected as we wait for a re-assessment

[topvest] 06/2/2010 16:39

I wonder what Perloff is going to do with his 30% stake. I think it's a tad too big for Panther to acquire, but you never know!

[envirovision] 06/2/2010 10:39

Great, At they level your mad not to follow the shrewed Perloff money imo.

[tts] 06/2/2010 09:11

Yep I bought some more aswell.

This will come good again - hopefully not too long now - but 6p is sooooooo cheap.