Share Name Share Symbol Market Type Share ISIN Share Description
Palace Capital LSE:PCA London Ordinary Share GB00BF5SGF06 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -25.00p -6.49% 360.00p 355.00p 365.00p 380.00p 360.00p 380.00p 56,706 12:33:28
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Nonlife Insurance 14.3 12.6 36.6 9.8 90.54

Palace Capital Share Discussion Threads

Showing 351 to 374 of 375 messages
Chat Pages: 15  14  13  12  11  10  9  8  7  6  5  4  Older
DateSubjectAuthorDiscuss
19/9/2017
12:17
I sort of agree with NTV, not the first time they have done this type of discounted placing - I assume we will get the details at the end of the day....guess 350/360. Not thrilled about a large NAV dilution but one day maybe growth steps can be funded by more debt and less equity. The open offer seems designed to tick the inclusion box but is otherwise disingenuous in my view at 1:20. However, they are good at what they do.....look how far we have come....and a Hudson House JV would be useful news sometime soon. I will top up with with the change in my pocket and have little doubt that there will be lots of levers they can pull on this portfolio. Read back about Halifax - this will pay for itself in c10 years if I recall correctly, great IRR. I'm told the Home Counties is nice too! S3s
steve3sandal
19/9/2017
12:08
Buying the resi as that comes with the package. Will be tax efficient for seller to sell the lot in one go. Then Palace will sell the resi - either individually or to a large landlord. The commercial bits are 90% in the Home Counties.
igbertsponk
19/9/2017
11:57
Why is a regional commercial property company buying residential London property? No thank you!!!
trogerswinning
19/9/2017
11:32
capital growth here or profits from sales are now irrelevant as it appears it is now much equity it can raise so it can get to to the ftse250 hopefully this will narrow the spread at last so it can more easily traded can more points that way to try to get back the lost gains last placing was at 360 in may 2015. not much capital growth for any of those buyers !! 2 years in a booming market with no growth very poor returns
ntv
19/9/2017
09:28
Problem is they want to grow this company massively. So will always be trying to raise capital. And each time will have to lower the price to make it attractive. Great company with good prospects and decent asset-spotting. But until it gets to a decent size where it can use borrowings more than equity for acquisitions, any gains will be shared with new shareholders as well as existing ones.
igbertsponk
19/9/2017
08:43
open offer is tiny relevant to the placing not keen myself sold mine will reconsider when all is done and dusted
spob
19/9/2017
07:21
Know nothing about what they're buying, but will be very interesting to see where the Open Offer gets priced.
spectoacc
24/8/2017
19:05
sale of leasehold property at nett asset value is good after loss of tennant BB closing down offices left, right and centre in an effort to cut costs
ntv
22/8/2017
15:13
Simon Thompson (IC Online) makes a convincing case for the value of Hudson House post development. Finishes with these two paras: ================================================ So, although analysts at both Arden and Edison Investment Research have held their full-year net asset value estimates at 445p and 449p, respectively, I would be very surprised if we don’t see a decent valuation uplift on this development when the company reports its interim results later this year. I would also point out that the Hudson House development is unencumbered, so the directors have the flexibility of either putting it into a joint venture if a partner can be found, or alternatively redevelop the scheme themselves using Palace Capital’s lowly geared balance sheet. Either way, there is upside potential here for a company which had a last reported net asset value of £110m. Ahead of the first half results to end September 2017 which will be announced in November, I continue to rate shares in Palace Capital attractively. Please note that I initiated coverage last autumn at 335p ('A royal investment', 17 Oct 2016), since when the board has declared dividends of 18.5p a share for the 2016/17 financial year, with prospects for a 19p a share payout this year, according to analysts from both firms. Trading on a 12 per cent discount to conservative looking net asset value estimates, and offering a solid looking 4.8 per cent prospective dividend yield, I continue to rate the shares a buy.
skyship
18/8/2017
17:09
Hmm - personally happy to buy it without paying that damned Stamp Duty!
skyship
18/8/2017
16:43
Would be helpful if they could move to the main list next. Just need to announce a compelling deal to accompany it I suspect.
topvest
18/8/2017
08:57
Good planning news again. Question is what do they do now - Develop, J/V or sell: https://uk.advfn.com/stock-market/london/palace-capital-PCA/share-news/Palace-Capital-PLC-Major-planning-consent-secured/75475250
skyship
09/8/2017
18:03
guess the two large sellers are still unloading watched Simon's link with the boss saying he wants PCA to be a £500m in the medium term guessing 5 years. going to find that difficult with the mkt cap way be below nett assets so how is he going to change this situation round?
ntv
08/8/2017
15:23
each new letting reduces void costs as well as increasing rental income
ntv
08/8/2017
15:22
another letting agreed, more in the pipeline September will bring application for change of use of vacant Exeter site to residential yesterdays RNS didn't mention length of leases
ntv
08/8/2017
14:54
PCA corporate video, worth a watch Https://www.youtube.com/watch?v=CIADTCjqxuM
tomps2
08/8/2017
14:24
Simon Thompson today tweaks his target price up from 400p to 415p in his IC Online article.
skyship
07/8/2017
09:47
This was announced back in May, seems they've only just completed. [Edit - not unusual with property of course].
spectoacc
07/8/2017
09:33
interesting buy, good yield on purchase price but not a lot of other detail maybe that will come with next report
ntv
07/8/2017
07:34
£20m acquisition in Newcastle - see link in Header: Neil Sinclair, the Chief Executive of Palace Capital, commented: "We are delighted with this corporate purchase, which continues our strategy of acquiring high quality buildings close to transport links in major cities. We have bought the Properties on an attractive initial yield resulting in over GBP600k per annum in excess of the income foregone on our recent disposals and the recent administration of our tenant at Marsh Barton, Exeter. This acquisition increases the value of our portfolio to over GBP200 million
skyship
03/8/2017
09:32
Morning. Dividend arrived today thankfully. Thanks for the input from all.
cwa1
02/8/2017
17:32
Thanks guys, appreciated. They're normally pretty good but this one hasn't appeared yet. Will give it until the end of the week and then I'll go after 'em.....
cwa1
02/8/2017
16:50
chase your broker CWA1 they might be 3 day delay but unlikely more
ntv
02/8/2017
15:40
On the dot....always the same with HL. No connection beyond being a customer. S3S
steve3sandal
Chat Pages: 15  14  13  12  11  10  9  8  7  6  5  4  Older
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