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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
  +10.00p +3.38% 306.00p 302.00p 310.00p - - - 14,759 16:35:20
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Nonlife Insurance 16.7 13.3 35.9 8.5 140.40

Palace Capital Share Discussion Threads

Showing 551 to 575 of 575 messages
Chat Pages: 23  22  21  20  19  18  17  16  15  14  13  12  Older
DateSubjectAuthorDiscuss
12/1/2019
21:22
Often its because they didn't file interim accounts at Companies House which is required for a PLC that distributes more than its prior year audited P&L reserves (i.e. they need to prove that they have sufficient reserves at the point of the distribution). I haven't looked in detail to see if that is the case here.
topvest
11/1/2019
14:14
cascudi9 Jan '19 - 14:06 - 546 of 548 Sorry I didn't understand the issue about dividend. Could someone explain me please? Yes, they paid out an illegal dividend as they cannot add up properly. Great...
trogerswinning
09/1/2019
16:38
It's not as uncommon as you might imagine, here's Domino's Pizza doing the same thing in 2016: Https://www.investegate.co.uk/domino--39-s-pizza-grp--dom-/rns/publication-of-circular-notice-of-general-meeting/201612011208567195Q/ Morrison's in 2015: Https://www.investegate.co.uk/morrison-w-sprmkts--mrw-/rns/publication-of-circular/201502101102045194E/ and last year Revolution Bars: Https://www.investegate.co.uk/revolution-bars--rbg-/rns/matters-relating-to-previous-distributions/201810221615018067E/ JakNife
jaknife
09/1/2019
16:25
What's the point of the company moving from AIM to the main market when management still makes basic company law errors? K.
kramch
09/1/2019
14:06
Sorry I didn't understand the issue about dividend. Could someone explain me please?
cascudi
09/1/2019
11:34
To be fair lots of companies have been caught out on this including some FTSE-100 companies. Not impressive though!
topvest
09/1/2019
09:44
not helpful in business!!
ntv
09/1/2019
09:37
it just looks like they can't count
hugepants
09/1/2019
09:34
how , just look at previous comments about management
ntv
09/1/2019
09:26
re overpaying the dividends, how can they make a mistake like this with no-one noticing?
hugepants
04/1/2019
14:04
That building is in a great spot -close to the Merseyrail station, shops and the business centre of Liverpool.Good yield too.
davebowler
04/1/2019
10:31
Edison research:- https://www.edisoninvestmentresearch.com/research/report/palace-capital406785/full Following the agreed £18.2m sale of most of the non-core residential assets acquired with the RT Warren portfolio last year, Palace Capital (PCA) has acquired a quality, mostly office building, in the heart of Liverpool for c £14m. The transactions represent a significantly positive yield arbitrage, enhancing existing strong reversionary potential. Further opportunities reposition and grow the portfolio, including the Hudson Quarter development in York, and are positive indicators for future growth.
cwa1
01/1/2019
09:29
jack up to divi payment reinvestment
ntv
22/12/2018
16:02
Tomps2 Thanks for the link .. very interesting. Any thoughts about the share price movement taking place in the last few days?
peterjw
22/12/2018
12:58
PCA presentation at Mello London, November 2018 By Neil Sinclair, Chief Executive Stephen Silvester, Finance Director Richard Starr, Executive Director Https://www.piworld.co.uk/2018/12/21/palace-capital-pca-presentation-at-mello-london-november-2018/ Comprehensive overview of the strategy and market background, the financials and the portfolio.
tomps2
19/12/2018
08:11
HugePants I can't find anything to have caused the price/volume increase. The trading started at about 2pm yesterday and was very untypical. maybe some news afoot?
peterjw
18/12/2018
21:41
Zoomed up a bit today. Was it tipped?
hugepants
06/12/2018
12:50
Did some more hunting last night about Circle Property and found this which is helpful: hxxp://www.circleproperty.co.uk/~/media/Files/C/Circle-Property/reports-and-presentation/circle-property-returns-analysis-july-2018.pdf In there it has Palace returns against Circle returns and others.
trogerswinning
06/12/2018
10:23
I hate companies that presume they know how to invest their owners cash in other companies better than the owners. Give the money back and let the shareholders decide what to invest in!!!
igbertsponk
06/12/2018
08:48
markyjacob123 Thanks for your comments. You might well be right but my thinking was as follows; The 65 residential properties were valued at £23,342,500, an average of £359k per property. 3 had been sold earlier for £1.25m and the 50 have been sold for £18.2m So 53 properties will return £19.45m. If the further 10 can be sold for circa £3.6m (guesswork!), 63 properties would yield £23.05m, which is circa 98% of book value with 2 properties held back for 'strategic reasons', but I don't know what that means! Caveats are that I'm just using averages and assuming the future 10 are of similar value to those sold already, and no costs are factored in. However to sell 83% of the remainder to be sold in one tranche I would have thought a good thing and should return capital to be put to work creating a higher return more quickly. That was my logic but let me know if it's flawed. AS for buying Circle shares I don't know why that was done and if they are using capital to buy shares why not buyback their own to improve our shareholder return?
peterjw
05/12/2018
16:00
Thanks for the feedback dangersimpson and Jombatson. I still don't get what is the point in buying a 5% stake in Circle Property? If it was because Sinclair thought it was cheap, isnt that Sinclair just admitting PCA cannot use the cash better elsewhere... like on there own portfolio
trogerswinning
05/12/2018
13:26
peterjw28 Nov '18 - 14:32 - 526 of 528 if the final 10 properties from R T Warren sell ok then the residential sale has gone well. I don't know how you can say by selling the majority of RT Warren residential below book value has 'gone well'? The book value should been ultra-conservative already, so this is poor result.
markyjacob123
04/12/2018
19:54
Picked up some today at 289p. 6.6% Dividend 31% discount to NAV and modest 30% Loan to asset value.
2wild
03/12/2018
09:05
Edison research:- https://www.edisoninvestmentresearch.com/research/report/palace-capital459483/full
cwa1
28/11/2018
14:32
Yes finance for Hudson house appears arranged and they say they will input a small amount of cash also.some such phrasing. HQ looks exciting but has to come on stream..but the logic around York etc and the station seems sound.if the final 10 properties from R T Warren sell ok then the residential sale has gone well.
peterjw
Chat Pages: 23  22  21  20  19  18  17  16  15  14  13  12  Older
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