Primary Health Properties Share Discussion Threads

[davr0s] 04/6/2018 18:43

Nothing to see IMO if you stand back and not look too closely

[chucko1] 04/6/2018 17:29

Morgank, what you suggested partially came to pass. Answers on a postcard as to what Friday was all about.

[chucko1] 01/6/2018 19:35

No news, no nothing as far as I can tell. Similar REITs trading just fine. Will buy heavily if no recovery on open.

[morgank] 01/6/2018 17:32

Looks like a lot of late trades with significant buy volume came through after the close. share price could correct on Monday !

[1olddog] 01/6/2018 16:43

Anyone got any idea why big drop today. Can’t find anything obvious.

[speedsgh] 14/5/2018 19:48

New Edison research update...

Funded for growth -

[schofip] 26/4/2018 10:57

If you are looking at ADVFN trades forget it. I have made lots of trades where buys have shown up as sells. It seems like each company uses different rules to determine if a trade is actually a buy or sell and where it can't distinguish put it in the column for mid price. I wouldn't rely on any trade volume figures on here. Unfortunately there does not appear to be anywhere you can actually get accurate buy and sell trades and volumes. I hope to be corrected on this.

[chucko1] 26/4/2018 10:07

Gbh2, I see that, but what does it really mean? (I do not really follow the minute to minute trades and what they imply).

Thx

[gbh2] 26/4/2018 09:29

300K buy disappeared from listing.

Edit: Seems it was redesignated as a mid price trade which dosen't show on the listing I was using.

[typo56] 24/4/2018 17:11

Well, PHP was already in the FTSE All-Share index. Never mind.

Over 10m shares uncrossed at close yesterday thanks to the index funds. A more normal 183k today.

I'm not sure what it will mean for the share price. Possibly not that much.

I see MRO took the opportunity to 'kitchen sink' their GKN acquisition today, now that they've safely made it into the FTSE100!

[gbh2] 24/4/2018 15:57

Good call Typo, I bought in view of share price drop and the pending ftse250 move but didn't notice the bigger picture and realise it would be so soon.

[speedsgh] 24/4/2018 13:47

Transfer to FTSE 250 and Award Win -

Primary Health Properties PLC (the "Company" or "PHP"), the UK's leading investor in modern primary healthcare facilities, is pleased to report that the Company's shares have been included in the FTSE 250 and FTSE All-Share indices, with effect from 24 April 2018...

Harry Hyman, Managing Director, commented:

"I'm delighted that PHP has been included in the FTSE 250 and FTSE All-Share indices and believe the move marks an important milestone in the Company's history. Having first listed the business in 1996, I'm immensely proud of the significant progress that the team has achieved. With a market capitalisation now over £800million and a 21-year track record of unbroken dividend growth, PHP has proven itself as a leading long-term investment opportunity and delivered significant returns to its shareholders...

[typo56] 23/4/2018 16:39

In the event, 1.37% uncrossed.

[typo56] 23/4/2018 15:15

Not exactly epo001, MRO is a FTSE250 company but it is is acquiring a FTSE100 company (GKP). This means MRO will be promoted to the FTSE100 (filling the gap left by GKP), with effect from start of trading tomorrow.

PHP will then fill the gap in the FTSE250 left by MRO.

When a company moves from one index to another, index funds have to adjust their weightings. To avoid mistracking, funds will often do this in the closing auction the day before (i.e. today). When a stock moves from the SmallCap to the FTSE250 the uncrossing volume can amount to about 1% of the company's market cap.

[gbh2] 23/4/2018 13:51

I'm not usually slow with these things but it seems a possibility to me, guess time will tell.

[epo001] 23/4/2018 13:33

So, two ftse 100 firms are merging, creating a void in the 100 which must be filled from the 250 and php is expected to fill the resultant 250 void. Is that what you are saying?

[chucko1] 23/4/2018 13:08

Typo56, you appear to be confirming that PHP will enter the 250 tomorrow. But others claim that this is merely a prediction.

I believe the latter to be the case, and therefore wonder if you can explain the relevance of the uncrossing of the 7m shares in tonight's auction.

Thanks

[typo56] 23/4/2018 12:37

PHP replaces MRO which moves into the FTSE100 on account of the GKN acquisition.

My guess about 7m shares might uncross in the closing auction today, but that could be complicated by recent share issue.

[epo001] 23/4/2018 11:44

Yes I've seen that. It shows PHP as small cap and no changes due tomorrow. There are predictions, due to take effect June 18th and PHP may be eligible May 30th. I was curious why PHP was expected to be promoted tomorrow.

[gbh2] 23/4/2018 10:57

Possibly familiar with the above website?

[epo001] 23/4/2018 09:35

Why do you say that? The FTSE indexes were last revised on March 26th and the next revision is in June following a review at the end of May. PHP may have become eligible for promotion but that can't happen tomorrow.

[typo56] 19/4/2018 19:22

PHP will be promoted into the FTSE250 from start of trading next Tuesday (24th April). Expect a big volume uncrossing in the closing auction on Monday as index funds adjust their holdings.

[epo001] 19/4/2018 12:46

iweb told me 'today', not there yet.

[schofip] 19/4/2018 11:50

spoke to selftrade this morning and apparently the shares come over as a bulk transaction and they said it could be another day before they show on my account. But thats Selftrade for you.

[epo001] 19/4/2018 11:15

When should I expect my allocation to appear in my account? I thought it might be today.