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
  +1.00p +0.33% 302.00p 294.00p 310.00p 310.00p 310.00p 310.00p 3,029 16:35:02
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Nonlife Insurance 16.7 13.3 35.9 8.4 138.43

Palace Capital Share Discussion Threads

Showing 451 to 474 of 475 messages
Chat Pages: 19  18  17  16  15  14  13  12  11  10  9  8  Older
DateSubjectAuthorDiscuss
02/10/2018
08:05
Yes indeed. A positive RNS by the look of it.
peterjw
02/10/2018
07:46
At last some good news.
davebowler
02/10/2018
07:43
2 October 2018 Palace Capital PLC ("Palace Capital" or the "Company") 20 YEAR LEASE AGREED WITH ALDI AT GOSPORT Palace Capital (LSE: PCA), the property investment company that focuses on commercial property outside London, has signed a new 20 year lease with Aldi, the German discount supermarket chain, at its property in Gosport, Hampshire, securing a 17.4% uplift in rental income. The asset was originally acquired in October 2017 as part of the GBP71.8 million RT Warren portfolio and the new lease terms are reflective of the long term rental and capital growth opportunities originally identified by the Company and which are being captured through active asset management. Aldi previously leased a 16,500 sq ft supermarket on the site from RT Warren on a lease expiring in August 2030 at a rental of GBP247,800 per annum. This existing lease has now been surrendered and a new 20 year lease has been agreed with the Company, which also now includes a small amount of additional land for car parking, until September 2038 without break at an increased rental of GBP291,000 per annum. A rent review will be undertaken every 5 years, based on the Retail Price Index with a collar of 1% and a cap of 2.75% which compounds annually. The property will continue to be held as a long term investment by Palace Capital. Neil Sinclair, Chief Executive of Palace Capital, commented: "When we acquired the RT Warren portfolio, which was the best portfolio we had seen in the UK property market for some time, we knew that it contained significant latent potential that we would be able to unlock with our asset management expertise, and this new deal is a strong example of that. We have increased our income and lease term to 20 years to a strong covenant which has a positive effect on the value of this property. We continue to actively asset manage the other properties within the RT Warren portfolio and look forward to updating the market on our progress in due course."
cwa1
30/9/2018
18:55
Yes thanks. I saw that..so not totally independent but I assume Hardman have to also protect their integrity when they report otherwise they might be seen as adding no value?
peterjw
30/9/2018
17:40
One needs to remember Hardman is Paid-for-research paid for by the company and therefore not dispassionate.
bscuit
30/9/2018
16:34
An upbeat report I thought.Positive about PCA..but I would welcome anyone else's views as I am pretty new to Palace capital and I am sure some of you will have more background knowledge of them than I have. Any thoughts please?
peterjw
28/9/2018
16:54
A meaty research note just out from Hardman: hxxp://hardmanandco.com/docs/default-source/company-docs/palace-capital-plc-documents/28.09.18-initiation-of-coverage.pdf
dendria
26/9/2018
14:18
someone wants out of this gem
hugepants
24/9/2018
12:28
contrarian joe21 Sep '18 - 18:33 - 454 of 455 "zero chance of ever raising any equity" Which is good news. No more dilution!
hugepants
24/9/2018
07:25
Dividend Declaration Palace Capital (LSE: PCA), the property investment company that focusses on commercial property outside of London, is pleased to announce that it will pay a quarterly dividend of 4.75 pence per ordinary share on 19 October 2018 to shareholders on the register as at 5 October 2018. The dividend is in respect of the three months ended 30 June 2018.
cwa1
21/9/2018
18:33
Thanks Bscuit. Walking away from the deal a lot more credible than shafting he's own!1,zero chance of ever raising any equity,"will never be trusted again" egos damn egos.
contrarian joe
21/9/2018
09:58
I think there should be a divi declaration imminently. 6% yield now at 313p buy price. 25% discount to NAV. Lowish LTV of 30%.
hugepants
21/9/2018
07:36
Sky, Bscuit; this is all very useful thank you. Do we know anything further about the next divi which is due in October? Is it the first interim of their financial year?
peterjw
20/9/2018
20:49
Sky, I presume you didn’t like the acquisition. I spoke to Siinclair in Edinburgh earlier this year as a disgruntled holder. He said the MM move and divi position were forced on him by institutions, which begs the question he could have walked away from the deal, but in his view that would send an adverse opinion and hurt future deal funding. So he had put the company in an awkward place in my view.
bscuit
20/9/2018
18:00
Ok I see thank you. Many thanks for your reply, very helpful.
peterjw
20/9/2018
16:41
Peter - on 19th September last year PCA made a large acquisition funded by a placing of 20.6m shares at 340p inc. a 9.5p dividend for the 6m period to 30th September - ie the dividend not earned by the new holders, so the actual net placing price was 330.5p - a 14% discount to the 385p share price. Needless to say the shares plunged. It was an appalling pre-emption deal done to satisfy Sinclair's ego - he wished to be CEO of a main LSE-listed propco rather than an AIM listed propco. He made a big thing about that aspect. The City never forgets; and until Sinclair has gone PCA will always have that deal round its corporate neck! uk.advfn.com/stock-market/london/palace-capital-PCA/share-news/Palace-Capital-PLC-Further-re-Placing-and-Open-Of/75679025
skyship
20/9/2018
15:31
which deal please? Does he have history? I'm interested in the share but cautious..
peterjw
28/8/2018
18:21
If you screw shareholders then the City knows you can never be trusted; so PCA will never be given a reasonable rating until Sinclair parts the scene. I will be reminding him of that fact on the upcoming anniversary of his crassly stupid pre-emption deal..
skyship
22/8/2018
09:38
Discount is approx 20% and 5.7% yield at this price. Been buying these again. The LTV of 30% compares well with RGL and RLE which are about 40%.
hugepants
12/6/2018
11:30
Clumsy wording in Final Results -EPRA NAV per share: decreased by 6% to 415p at 31 March 2018
davebowler
12/6/2018
09:09
Not much happening, thought we'd see some action now it's moving up
1teepee
03/6/2018
08:03
Palace Capital (PCA) Earnings-Reaction to Keep an Eye http://crweworld.com/Earnings-Calendar
danieldanj
24/5/2018
20:09
Just to mention that PCA will have a stand and be presenting at our MelloSouth event in Hever,Kent on 14th June and all shareholders and potential investors are welcome to attend Http://melloevents.com PCA have presented at our Mello Beckenham event before and we are very pleased to welcome them so this is an ideal opportunity to meet the management and hear about their strategy. Do come and join us at this quality event and there will be at least 25 other companies to meet plus some fabulous keynote speakers and a large number of fund managers presenting and on panel sessions.
davidosh
08/5/2018
21:56
Palace Capital's presentation and stockopedia report from our Birmingham seminar on the 1st May is available in our members area: hTTps://www.sharesoc.org/members-area/
sharesoc
Chat Pages: 19  18  17  16  15  14  13  12  11  10  9  8  Older
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

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

P:41 V: D:20181015 20:28:32