ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

PLAZ Plaza Centers N.v.

50.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Plaza Centers N.v. LSE:PLAZ London Ordinary Share NL0011882741 ORD EUR1.00 (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 50.00 40.00 60.00 50.00 50.00 50.00 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Lessors Of Real Property,nec 181k -8.5M -1.2394 -0.40 3.43M
Plaza Centers N.v. is listed in the Lessors Of Real Property sector of the London Stock Exchange with ticker PLAZ. The last closing price for Plaza Centers N.v was 50p. Over the last year, Plaza Centers N.v shares have traded in a share price range of 30.00p to 50.00p.

Plaza Centers N.v currently has 6,855,603 shares in issue. The market capitalisation of Plaza Centers N.v is £3.43 million. Plaza Centers N.v has a price to earnings ratio (PE ratio) of -0.40.

Plaza Centers N.v Share Discussion Threads

Showing 26 to 47 of 100 messages
Chat Pages: 4  3  2  1
DateSubjectAuthorDiscuss
18/11/2013
11:18
Crazy action on L2, going to get suspended has brought out the shorts to close
in a hurry, stack of buy orders on L2 trying to close out before the suspension.
I bought 25k and 10k at 8p and closed out at a safe 10.34p on both trades but a
few traders seeing the rise have bought at 11.5p which is very risky indeed.

55investor
18/11/2013
10:03
now this. And the share price rises!
muzerewa
14/11/2013
08:05
Company can be forced to liquidation by bond holders. Ugly.
vyke82
17/10/2013
23:37
End of year results coming soon and revaluations of current portfolio?
boonkoh
17/10/2013
11:19
Any ideas why the sudden share price drop?
i like beer
20/2/2013
22:16
At an all time low?
sat69
10/1/2013
11:12
Many thanks for the info guys.Much appreciated!
tricia51
09/1/2013
19:11
Chris- it's an EGM but an ordinary resolution, so 50% of the votes needed. No matter what others think, if Elbit votes 'yes' it's a fact (even if it was a special resolution factually no way of blocking it even if others wanted to).
greedfear
09/1/2013
13:07
The website which is probably up-to-date shows 2 other
large hoilders than Elbit Imaging with 5.94% and 5.15%.

chrisdonohue
09/1/2013
12:58
The proposer is the parent company Elbit and owns 62.52%
(figures taken from last published 2011 annual Report).
There are 3 other large holders based in Poland owning
together around 21% (9.84%, 5.94%, 5.07%).
30m euros is the dividend paid in 2011 which worked out at
around 0.101 euros a share which was not paid in 2012.

This is an attempt by the parent comnpany to receive income
at the same level as last year from its investment. I
suspect that an EGM would need to receive 75% approval.

chrisdonohue
07/1/2013
12:20
EGM to distribute 30m euros.Does anyone know how many shares the proposer controls and what likelihood of winning? Mkt cap only 90m at 33PS.
tricia51
14/3/2012
22:45
Happy Easter fellow shareholders!
greedfear
11/1/2012
18:51
Ana a happy New Year it's going to be! :)
greedfear
30/12/2011
17:17
Happy New Year fellow shareholders!
greedfear
23/12/2011
17:18
Merry Christmas fellow shareholders!
greedfear
26/9/2011
11:55
Anyone received their dividend yet? Is it paid in euros, or converted into sterling?
rj allen
27/10/2008
08:16
Thanks fellas.I appreciate the comments. If you are already a holder its probably a hold but I'm not so I'm going to put it on my watchlist and keep studying it.The market is usually right I suppose and the rating is very low. They do have a lot of projects on the go,plenty of cash as well but as you oth say these are very uncertain times.
robsy2
26/10/2008
11:54
Everything has its price though. We're cheap here IMO, but there are other cheap shares around, too...
edmundshaw
26/10/2008
11:14
As Edmundshaw pointed out, negative sentiment towards emerging markets is extremely prevalent at present:



The problem with the likes of PLAZ is that they just continued to expand their development pipeline despite market conditions worsening markedly. Obviously never realised the business cycle exists and that they should have been cashing in their chips rather than looking for new developments over the last couple of years. They are in a pretty strong position in terms of cash but they have few completed developments generating income and plenty of projects they are already committed to funding. Should survive the current credit crisis and will probably look cheap in a few years but with no positive news on the horizon the shares don't look appealing at present.

nickcduk
25/10/2008
21:06
I guess you can research the economies of E Europe and India as well as or better than I. Hungary & Romania have banking & deficit problems now, and Plaza has significant exposure there... as an example. Latvia might be the most problematic, but Plaza had only the one development there last time I checked.

But Plaza is much more goegraphically diversified now, and Poland and Czech economies are currently amongst the strongest in Europe IMO.

This link has a helpful CDS swap & deficit map of much of Plaza's development regions:


The question is, though, what the future will bring, and which companies will last through the downturn ("slower growth" in Hungary, supposedly) and come out well on the other side. And how commercial centres will be valued. One upside, building work might get cheaper; but will Plaza need to/be able to wait before selling at good prices??

Plaza's cash resources will help. And the ability to enhance shareholder value with cheap buybacks in the meantime will do the opposite of diluting shareholder's holdings. It shows confidence in Plaza's financing ability (a confidence I share - look at the funding they achieved on the TASX).

Whether it is a buy, though, only you can answer...

edmundshaw
24/10/2008
16:25
This is interesting. Mcap 140m sterling , cash as at aug 2008, 280m € ! NAV 590m € is three times the current mcap, so this entire company is apparently worth 80m€ less than the cash that it had on its balance sheet a couple of months ago.
No wonder they have authorised a share buy back.
They make money and pay dividends as well and they have sufficient cash to develop their projects which have risk but thye have a track record and they are operating in various countries which are in the faster growing economies of the World , if one can still say that...
Edmundshaw, youve been following this one, Am I missing something?Or is this a strong buy?

robsy2
20/10/2008
08:41
...and thank you for the good news now! :-)

Clear the company thinks
(i) we are now significantly undervalued
(ii) we can afford some worthwhile buybacks (so no expected cash issues)

Bullish move by the management

edmundshaw
Chat Pages: 4  3  2  1

Your Recent History

Delayed Upgrade Clock