Poole Investments Share Discussion Threads

[steelwatch] 20/5/2006 08:23

Thank you for that Andy. As I said in my previous post, that website is shown on the ADVFN "Financials" page. Does this imply that Poole Investments is the Holding Company for Pilkingtons? If so, where does one obtain investor information? All I can find on the Pilkingtons website is reference to a Poole warehouse or factory. Is that it?

[steelwatch] 19/5/2006 18:32

Just stumbled on this thread - please could anyone give a quick run-down on what's going on. Unable to find a web-site for Poole Investments. Clicked on "Financials," but the Pilkingtons one doesn't help in any way. Very difficult to research not being all that familiar with the geography.

Thanks in advance if anyone here?

[fhmktg] 09/5/2006 15:10

Just an update from Jemma Oates the lady looking after our interests on Poole Council.

Many thanks for your email. With regard to the Transport & Works Act Order - a decision is expected this Summer - unfortunately I am unable to give precise dates. The Inspectors report from the Public Inquiry was submitted to the Department for Transport in January for its final decision and is at present still with them.

In respect of the Pilkington Tiles Site - please can you confirm which site exactly your query relates to?

The former Pilkington Tiles site is currently under development by Bryant Homes and is named Harbour Reach - a residential development being promoted by Goadsby. If you would like further information about the whole Harbour Reach development please contact the Planning Department and/ or Goadsby. If however your question relates to the working Pilkington Tiles site I can confirm there are no planning applications registered to date.

[andy] 05/5/2006 23:19

Puffin,

Sandbanks is in a world of it's own, IMO, closely followed by Canford Cliffs, and they are on the opposite side of town to Poole Quay.

They are unique and beautiful, hence the prices charged for property in the area.

[finbarr] 05/5/2006 08:51

Hybrasil,

Any thoughts on the change on Nomad?

It is sometimes a prelude to change.

[hybrasil] 25/4/2006 06:55

you are up early puffin.
I would have thought there is every chance!

[puffin tickler] 25/4/2006 06:13

Big spread in Times on Sandbanks in Poole harbour being an exclusive area for the rich. Any chance of a bit of stardust drifting over the twin sails bridge and pushing up prices?

Puffti

[moreros] 23/4/2006 18:22

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[andy] 23/4/2006 17:42

Arthur,

Well if there are £3 million debts, let's assume £400,000 for other costs, that puts PIV at around £9.5 million now, so if that is the case,the upside looks more limited IMO.

I don't know an accurate recent valuation for the land, and my guess is they will build flats rather than houses, which will increase the value.

Maybe they are waiting for the permission on the adjoining land before their own application to see what will be allowed?

[latestarter] 23/4/2006 17:34

I asked DC the same question, it ws put to me that following early meetings it was clear gallaghers were not playing on a level playing field hence PIV going it alone, the fact that gallaghers have submitted means very little, it would not alter what PIV could put on the site, where the real negotiating skills will come in will be on any 106 agreements and infrastructure costs

[Abuse team] 23/4/2006 14:04

Post removed by ADVFN

[arthur_lame_stocks] 23/4/2006 14:02

Andy

There is also 3m in debt and some other costs to take into account. If we only get 10m for the land I reckon we´ll be at about breakeven. But I reckon we could get a lot more.

What i´d really like to know from the board is exactly what is our exit plan? What bothers me a bit is that they will drag this out for as long as they can racking up their own fees without really adding much more value for us. If the bridge is going ahead and we have outline planning permission what are we waiting for.

It seemed a bit strange to me that Gallaghers are submitting planning applications for the power station. Wouldn´t it make more sense to have all three sites planned together so that the whole thing works together?

[andy] 23/4/2006 11:53

fhmktg

Well earlier estimations of the value of the site were around £10 million if I remember correctly, and the property market has risen since those days, so I would think, if the deal is done before any wobble in the property market, it must be worth at least £10 million, probably more.

Divide the current market cap into 10 million, and you should see the potential increase.


edit.

according to MAM, market cap is £5.5 million, ie 184 million shares @ 3p, so to to keep the math simple, if the site is worth £11 million, the share price would double, to 6p.



Company Name Poole Investments Plc
Last Update of Data 06/03/06
Share Price (p) as of 06/03/06 3.00
Shares in Issue (Current) (m) 184.95
Market Cap (Curren.t) (£m) 5.55

[fhmktg] 23/4/2006 11:04

Inspectors report due around May-June if I remember correctly.
That could be the match to light the fuse ...but where will the share price end up?
Views welcomed from those who have kept the faith!

[hybrasil] 22/4/2006 13:09

Mryesyes
I think you are reading the rnss wrongly.
MR C has not as I understand being buying more shares.
On the other hand I agree with you that one day this will suddenly rise. The important thing is to be there when that happens.

[mryesyes] 22/4/2006 01:42

The fact DC can afford the stock and has such longstanding knowledge and may have bought at 5p when it was a tile company does not explain why as a non-exec he would buy in (at over the market price you say?) with all that he knows and we are not sure about. Sorry I think this will suddenly rise, when who knows but better get in now its not likely to fall with this activity IMHO.
I think there are folk who want to keep this sleeping until they are ready to light the fuse and take the profits........don't you
Forget the past, examine current motivations & behaviour

[arthur_lame_stocks] 18/4/2006 16:52

I would hope we´re going to get more than 54 houses on our plot!!!

[fhmktg] 18/4/2006 15:04

McKay Securities sold 10.3 acres of land at Chobham, suitable for 54 houses, for £9.75 million, today.

Good indicator of likely value for the Poole site?

[fhmktg] 18/4/2006 10:18

DC was in at around 5p per share two - three years ago, which makes me think he will be looking for around 9-10p for his investment.
Any other views?

[latestarter] 17/4/2006 09:15

read the thread fella, DC has been here since this was a tile manufacturer and ws invited to join the board to complete the disposal of the tile business and use his backround to help sell the land.
this investment to DC is small change and if you speak to him you will see his cost is higher than the current share price.

[mryesyes] 15/4/2006 17:39

Well look there the non exec with 13% (24m shares) in 3 separate funds; theres Mr O'Reilly whoever he is with 12%, could be a winker, and the price is rising.

I would strongly suggest the non-exec guy knows why he's buying and knows more than any of us so I suggest following him. If the 2 are connected or not this means a tasty distribution for all will come doesn't it.

Why would the non-exec spend 30 X his remuneration from Poole on the shares. He is probably a circuit non-exec, think!

[fhmktg] 11/4/2006 09:44

Nice looking site and 'crucial ' for the overall development.

Could be real value in being the last one to get planning permission, since everybody else will want to see you succeed.

Is the 'grey' area the Hamworthy Urban Village development?

If so what is the Shapwick Road site referred to as the 'Former Pilkington Tiles site' - the news letter says that houses will be completed for Autumn

[andy] 10/4/2006 17:35

Arthur,

Yes you are correct, if the road running across the top is the Blandford Road, which I belive it is.

[arthur_lame_stocks] 10/4/2006 17:14

I´m not sure if this has been up here before or not.

But have a look at page 6. It shows the most recent planning application for the power station site. I think i´m right in saying that our land is the empty looking grey bit in the top left hand corner.