Primary Health Properties Share Discussion Threads

[rongetsrich] 18/6/2025 17:23:58

You're dribbling again ghastly1. Perhaps rigor mortis is setting in on that post-vegetative head capsule you call a brain??I live rent free in there it seems; it is a small empty space.

[ghastly1] 18/6/2025 16:14:38

Rongetsrich, perhaps you should buy bonds instead of owning a bond proxy if the risk is too much for someone of your age.

[ghastly1] 18/6/2025 13:35:06

Below is a comment from the LSE forum which I echo:

From the ft yesterday,

'Jon Stewart, investment manager at Baillie Gifford, said: “We favour the alternative proposal to combine [Assura] with its publicly listed peer, PHP.

“We believe that KKR’s offer, a mere 0.04 per cent premium to the most recent valuation of the company’s net tangible assets, undervalues Assura’s long-term growth potential. After a number of challenging years adapting to higher interest rates, accepting the KKR deal would lock in valuations at a low point in the cycle and forfeit recovery opportunities.”;

He added that a takeover by PHP would be “superior, allowing our investors to remain invested for the long term in a highly attractive, cash flow generative and growing asset”.'

Exactly my sentiment all along.

[rongetsrich] 18/6/2025 11:22:58

Are you quoting from Skinny's RNS note first thing yesterday?

[stolenscone] 18/6/2025 09:42:45

Assura have indicated that they will publish their views on the PHP offer "by no later than 27 June".
PHP have said that they will put their offer to their own shareholders for a vote on 1 July.

Hopefully we will see a resolution soon.

[mirandaj] 18/6/2025 08:14:45

Just for interest

[toofypegs] 17/6/2025 22:10:48

The Banks won't let PHP take on more debt then 50LTV..Php merging with ASSURA will get economy of scale hence will get savings thru labour cost savings and sale of assets not in tune with the merged entity

[toofypegs] 17/6/2025 22:04:39

I purchased Assura at 60p before Covid and stand to loose a few grand money if the SANA bid goes thru.SANA will take advantage of the rise in property values at the expense of US patient ( ie ME and YOU) shareholders.. Better PHP and Assura merge as then We won't then crystallise our losses and hopefully make money over time.

[rongetsrich] 17/6/2025 21:45:10

You've added nothing at all. At least I have said I believe they are in a bidding war and we, as shareholders, will lose out. You seem to struggle with that, perhaps a lack of understanding, or perhaps you are stupid enough to pay over on anything in your lame life. Your should voice an opinion on the subject matter. I don't care about anything else, on the thread...

[stolenscone] 17/6/2025 18:35:16

I don't quite understand the point that you are trying to make, but your posts reflect poorly on you. Better to stick to relevant investment comment, I think.

[rongetsrich] 17/6/2025 18:27:30

Hear hear. Just so I know, who counts themselves as the grownup that stolenscone so desperately needs?They are over paying.

[stolenscone] 17/6/2025 14:49:27

If we could cut out the petty sniping, please, then we might all learn something from the grown ups who have something useful to say.

[rongetsrich] 17/6/2025 12:31:17

Why not put the thoughts of your small brain on view, ghastly? I can see why you are bitter, but let's help you channel that energy/ hurt.The floor, or web space or s all yours...

[ghastly1] 17/6/2025 08:49:54

You and your agenda are getting tiring Rongetsrich. Sell your PHP position if you feel this way.

[stolenscone] 17/6/2025 07:36:26

I see that a number of institutional shareholders at Assura have indicated their intention to vote against the KKR proposal.

[rongetsrich] 15/6/2025 21:04:06

Over extending now, this needs to conclude. The city seem done with it, just PHP that wants to load up on even more debt.

[skinny] 15/6/2025 13:52:23

Friday from the Times :-

[mirandaj] 15/6/2025 13:25:29

The part of article with link below that mentions PHP ends:

"As for PHP, it was a Midas recommendations back in 2008, when the share price was the equivalent of 70p.

There have been ups and downs since, but today the shares are £1.03 and loyal investors have been rewarded with continued annual dividend growth too. There should be more to come."

[pj fozzie] 13/6/2025 15:15:35

I think the PHP RNS makes a lot of sense. Personally I'd be happy for PHP to succeed, I think in the long run it would be better for Assura shareholders too. I'll watch how this plays out with interest - although I anticipate holding PHP for the long term regardless of the outcome.

Cheers,
PJ

[rongetsrich] 13/6/2025 07:56:36

Down 2p at opening is my bet

[rongetsrich] 13/6/2025 07:44:11

PHP have released an RNS this morning. Sour grapes and a wanton disregard for common sense. They will destroy the very share value their statement argues for. Ho hum, the FCA need to intervene now, as this is embarrassing

[cliveo1] 12/6/2025 21:54:00

I'm inclined to agree. The board need to knuckle down and develop the business. I guess we are due an XD drop soon, so I have a feeling the first price you quote may be premature, though I do hope to be corrected.

[rongetsrich] 12/6/2025 07:54:52

Plenty of tantrums and sour grapes. It’s only a good deal at the right price!
Did anyone see the PHP rise yesterday? That was the market relief to what was a pathetic bidding war against a refunded KKR.
Not that any poster here had a say, it sometimes makes sense to watch the market reaction to help understand.
Good article in the Times about it, Daily Mail/ Express have plenty of guff on a handbag heist.
‘ PHP is considering its options and a further announcement will be made when appropriate.’ This does not mean they are going to recklessly bid higher by over bidding, perhaps its lick your wounds time, and a the preparation of the ‘I’m out’ statement.

I can see 105 within a month, and potentially 110 within a year; tax and spend government with NHS being the winner.