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
  +0.00p +0.00% 370.00p 365.00p 375.00p 370.00p 370.00p 370.00p 0 07:50:33
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Nonlife Insurance 14.3 12.6 36.6 10.1 93.06

Palace Capital Share Discussion Threads

Showing 326 to 350 of 350 messages
Chat Pages: 14  13  12  11  10  9  8  7  6  5  4  3  Older
DateSubjectAuthorDiscuss
25/7/2017
11:45
pity they don't buy in here at a premium!!
ntv
25/7/2017
11:43
Earlier this month NRR managed to raise its capital by c25% at a substantial 15% PREMIUM to NAV - just don't understand why institutions ever buy propco placings at a premium.....but they consistently do so!
skyship
25/7/2017
10:28
more to the point here no news on large office deal maybe it is going to be part of moving to the main market and fund raising discount must be nearly 20% now guess the bigger boys know whats going on and us mere mortals find out later share price will go nowhere if money is raised at a large discount to nett assets property companies have to raise money at close to asset value or there is substantial dilution
ntv
25/7/2017
10:23
lots of could, maybe and possibly in there makes may laugh
ntv
25/7/2017
09:36
db - thnx for that. An interesting article explaining why investors should opt for closed funds like PCA and all conventional listed propcos/REITs, in preference to the underperforming open ended unit trusts.
skyship
25/7/2017
09:29
hTTps://www.fundstrategy.co.uk/aics-britton-cash-open-ended-property-funds-put-better-use/
davebowler
06/7/2017
11:01
XD the 9.5p divi today...
skyship
29/6/2017
11:14
Schroders reduce below 5% - 1.23m still to go; so come on Miton, offer them 355p for the balance and rid us of that tap... https://uk.advfn.com/stock-market/london/palace-capital-PCA/share-news/Palace-Capital-PLC-Holdings-in-Company/75135438
skyship
19/6/2017
13:22
ST (IC online) likes the Finals and recommends Run Profits... An Extract: .................................. Prospects for the year ahead look rosy given the potential to add further value to developments as recently refurbished and shrewdly acquired office space in Manchester, Leeds and Milton Keynes is let out. Chief executive Neil Sinclair points out that these lettings "will have a material effect on values, too". He has a valid point. Take, for example, last summer's opportunistic purchase of Boulton House, a 75,300 sq ft multi-let office building close to Manchester Piccadilly Station. The net initial yield on the £10.6m purchase price was 5.5 per cent and equated to a capital value of £145 per sq ft, which was predicted to rise to 6.9 per cent based on conservative rental values of £12 per sq ft. Palace Capital has since refurbished 13,500 of vacant space as well as the ground floor reception and entrance hall at a cost of £700,000. I understand that terms are being negotiated with potential tenants at rentals "ahead of expectations at the time of purchase". I would also flag up that the company is looking to pull off a £20m property acquisition to use the £11.2m low-yielding free cash on its balance sheet and boost net income. Trading on a 14 per cent discount to book value, offering a 4.9 per cent dividend yield, and with the benefit of a modestly geared balance sheet that includes unencumbered property worth £15m, I think the shares have further upside potential.
skyship
15/6/2017
11:07
Every time I have tried to buy them there has been a large spread but if you leave it with them they usually come back with a better price.
poacher45
15/6/2017
10:58
What a rip off spread 360p to 380p
davebowler
06/6/2017
09:24
Great results. Time to move to a full listing if they can secure a good deal at the same time?
topvest
06/6/2017
07:30
NAV & Dividend ahead of forecasts: ================================== HIGHLIGHTS Financial Highlights: # IFRS Profit before tax: increased by 7% to GBP12.6m (31 March 2016: GBP11.8m) reflecting a combination of trading profit, revaluation gains and profit on disposals # Portfolio valuation at 31 March 2017: increased by 6% to GBP183.2m (31 March 2016: GBP173.4m) # EPRA NAV per share(*) : increased by 7% to 443p at 31 March 2017 (31 March 2016: 414p) # Adjusted profit before tax(*) : increased by 20% to GBP6.7m (2016: GBP5.6m) # Adjusted EPS(*) : increased by 17% to 22.2p (31 March 2016: 18.9p) # Final dividend: 9.5p proposed, making a total for the year of 18.5p, a 16% increase (31 March 2016: 16.0p)
skyship
01/6/2017
18:34
Hi skyship - thanks for your kind reply ! alas not a pro, retiree who has a reasonable sized pot of money, done well in growth stocks last 2-3 years. looking to consolidate half into more defensive dividend stocks, whilst still running remaining 50% of portfolio. Bought LGEN, PCA, AEWU, CLIG, ENQ1, so far and looking for one or two others.. Thinking of LLOY OR HSBC as banks unloved at moment. Watching CMHY, MRCH, RGL, SIR, VIN and R Ldn Sterling extra yield. Any comments would be very welcome. Regards Mike/puku
puku
31/5/2017
10:12
Excellent - "Holdings" RNS in Header - Schroders down to 6.7% and it was Miton Group who took that 1.2m - doubling their stake up to 9.7%. Well pleased with that.
skyship
30/5/2017
20:20
puku - pity that AGIT didn't find its way onto the SL thread for liquidating stocks. Might have had a few of those. Now....O/T for everyone else: My next best play? Well, has to be NBDG at 76p v. NAV of 93.35p. This is another liquidation play as NBDG has moved out of its “Investment” phase and into its “Harvest” phase – likely to be 3-4years. NB: It is categorised as a professional investment – but I suspect you qualify in that regard! So, who/what is NBDG; and for that matter its two fellow equity categories: NB Distressed Debt Investment Fund (Shares listed on the SFQQ – for Professional / Experienced investors only please) ====================== NB Distressed Debt Investment Fund Limited ("NBDDIF") is a Guernsey-incorporated closed-ended investment company launched in Jun,10. NBDDIF's primary objective is to provide investors with attractive risk-adjusted returns through long-biased, opportunistic stressed, distressed and special situation credit-related investments while seeking to limit downside risk. NBDDIF owns holdings diversified across distressed, stressed and special situations investments, with a focus on senior debt backed by hard assets. The portfolio is managed by the Distressed Debt team at Neuberger Berman which in total manages assets of c$26bn, and claims to possess one of the largest and most experienced non-investment grade credit teams in the industry. The modus operandi is to invest for a 3yr period, then place the fund into run-off mode and return capital to shareholders over the following 3-4yrs. There are 3 classes of capital, equating to 3 funds: # The Ordinary shares (NBDD). Launched Jun’10. Jun’13 the investment period expired & the “harvest” period commenced. At this time 72% of shareholders voted to convert into NBDX – see below. To date NBDD has returned $111.2m (89% of the original capital) and has another $37.4m still in play… # Extended Life shares NBDX). These have an investment period extended for a further 2yrs to Jun’15. So far 44% ($158.6m) has been repaid and another $207m is still in play # Global shares (NBDG). A third class was issued in Mar’14 with an investment period to Mar’17. Nothing repaid yet….early days, but 5% CASH declared It is NBDG which really looks an extremely attractive proposition for a 3-4yr investment likely to return in excess of 10%pa. The share price is 75.5p, the NAV is 93.35p; so the shares can be bought at an 18.6% discount. Over the next 3-4yrs they should very conservatively repay par, which provides a Gross Redemption Yield of 10.2%. A more likely 110p would deliver a GRY of 13.9%. The reason for recent weakness has essentially been due to the fall in the US$ and falls in Mark-to-Market valuations which bear little true resemblance to anticipated returns upon maturity. The Company maintains an active buyback programme which originally was intended to act as a Discount Control Mechanism to limit the discount to just 5%. This 5% target was suspended earlier this year when the distressed debt market took a hit, though merely in sentiment rather than substance. Still, the discount was allowed to extend out to 20%. IMO the directors were rather self-serving buying 80,000 shares for their own benefit last year down at 62p rather than the benefit of all shareholders through a buyback. Since those purchases the price rose 32%, though now 21% after the recent retracement – one which again provides a great buying opportunity. http://uk.advfn.com/cmn/fbb/thread.php3?id=31538763 http://www.nbddif.com/
skyship
30/5/2017
13:10
Perky again. Nice.
cwa1
30/5/2017
12:36
Thanks skyship for this one. Moved part of my money from AGIT as it comes closer to its wind up value and having gained nearly 40 % inc divs - baffled me why it was so cheap until now. Bought here at 360p so nice to see an immediate gain. I am seeking to move more funds from growth to yield - what is your next best play please ?
puku
26/5/2017
12:29
Nice to see some progress here.
cwa1
26/5/2017
11:12
Interesting - a 1.2m trade @ 355p. That's a 4.77% block. Is that the end of the tap perhaps.
skyship
19/5/2017
16:04
Well, that is indeed a vote of confidence. Welcome DB. As you will have seen, there has been a tap here for quite sometime; once cleared we should make reasonable headway and bank a good dividend as well...
skyship
19/5/2017
15:01
Just bought a few, thanks to your recent mention, Skyship.Previously I missed it because it doesn't show on Trustnet.
davebowler
15/5/2017
16:18
HP - welcome - glad you too perceive we have that elusive value here. Joined you for a few ALF today - a very few until further researched...
skyship
15/5/2017
14:11
Bought some. Not many cheap stocks around but this looks good value. And should collect 18p of dividends in the next 6 months or so. Not as good as UAI but what is?
hugepants
15/5/2017
13:44
Now 351.5p bid for certainly 2k - that's all I tested. Waiting for 400p+
skyship
Chat Pages: 14  13  12  11  10  9  8  7  6  5  4  3  Older
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