Property Recycling Share Discussion Threads

[fairdeal2008] 15/4/2009 09:01

Indeed - or everyone just piles into the latest craze....based on the toplist...

[asmodeus] 15/4/2009 08:28

I'm afraid, Fairdeal, either that very few of us have found this thread, or that those that have are not able/willing to suggest any good reasons for believing in undervaluations. IPI up another 7.6% now (8.25 a.m.), and Matrix (MERE)up 1.4%.

[asmodeus] 14/4/2009 08:44

E.G. - Invesco Property (IPI) - up 41% already this morning - why? Bullet points?

Edit - now up 57.8% ! (8.57 a.m.)

[asmodeus] 12/4/2009 21:36

I could mention quite a few property cos. that have been clearly deemed undervalued, and hence enjoyed astronomical price rises, but am unable to give you any bullet points at all - let alone four - because current figures for valuations, LTVs etc. are unavailable to me. I have doubled-up on some of these, but only on the very ill-advised basis of " somebody must know something" for these rises to be taking place. "Erstwhile" seems the best-informed on these things, and maybe he will comment?

[skyship] 08/4/2009 08:58

Hi FD - coincidentally I started a similar thread last December. I also use it to post evidence of the recovery:

[fairdeal2008] 07/4/2009 22:25

ha yes sorry bout that - just seen a few big uplifts and though might as well provide a focal point for ideas ----- you got any

Not concerned re sanskrit, Prakrit would be even better though.....

[fairdeal2008] 07/4/2009 19:02

Thought I would start a list of undervalued property companies (recognising that recently a few have gone on to achieve substantial share price recoveries).

Please provide:

1. the name of the company;

2. the EPIC;

3. three or four clear bullet points explaining why the company is undervalued and deserves a re-rate.


Thanks

[energyi] 28/3/2009 10:31

Average House Price INDEX Q1 1993=100 Seasonally Adjusted Index: Monthly % Change (SA): Year % Change:
Jan-91 £53,052 105.83 107.13
Feb-91 £53,497 106.72 107.49 0.3%
Mar-91 £52,893 105.52 106.52 -0.9%
Apr-91 £53,677 107.08 107.13 0.6%
May-91 £54,386 108.49 107.27 0.1%
Jun-91 £55,107 109.93 108.16 0.8%
Jul-91 £54,541 108.80 107.01 -1.1%
Aug-91 £54,041 107.81 106.83 -0.2%
Sep-91 £53,259 106.25 106.62 -0.2%
Oct-91 £53,467 106.66 106.80 0.2%
Nov-91 £53,018 105.77 107.20 0.4%
Dec-91 £53,104 105.94 106.63 -0.5%
Jan-92 £51,951 103.64 104.90 -1.6% -2.1%
Feb-92 £51,850 103.44 104.24 -0.6% -3.1%
Mar-92 £51,978 103.69 104.56 0.3% -1.7%
Apr-92 £51,978 103.69 103.66 -0.9% -3.2%
May-92 £52,713 105.16 103.98 0.3% -3.1%
Jun-92 £52,906 105.54 103.97 0.0% -4.0%
Jul-92 £52,727 105.18 103.52 -0.4% -3.3%
Aug-92 £52,312 104.36 103.48 0.0% -3.2%
Sep-92 £51,097 101.93 102.28 -1.2% -4.1%
Oct-92 £50,699 101.14 101.25 -1.0% -5.2%
Nov-92 £49,602 98.95 100.16 -1.1% -6.4%
Dec-92 £49,745 99.24 99.84 -0.3% -6.3%
Jan-93 £50,075 99.90 101.12 1.3% -3.6%
Feb-93 £50,375 100.49 101.35 0.2% -2.8%
Mar-93 £50,187 100.12 100.82 -0.5% -3.4%
Apr-93 £51,677 103.09 102.94 2.1% -0.6%
May-93 £50,901 101.54 100.46 -2.4% -3.4%
Jun-93 £52,786 105.30 103.97 3.5% -0.2%
Jul-93 £52,245 104.22 102.72 -1.2% -0.9%
Aug-93 £51,697 103.13 102.36 -0.4% -1.2%
Sep-93 £51,177 102.09 102.36 0.0% 0.2%
Oct-93 £51,209 102.16 102.18 -0.2% 1.0%
Nov-93 £50,614 100.97 101.98 -0.2% 2.0%
Dec-93 £51,423 102.58 103.17 1.2% 3.4%
Jan-94 £51,621 102.98 104.31 1.1% 3.1%
Feb-94 £51,516 102.77 103.72 -0.6% 2.3%
Mar-94 £52,101 103.94 104.55 0.8% 3.8%
Apr-94 £51,506 102.75 102.46 -2.0% -0.3%
May-94 £51,765 103.27 102.27 -0.2% 1.7%
Jun-94 £51,514 102.76 101.69 -0.6% -2.4%
Jul-94 £52,121 103.98 102.64 0.9% -0.2%
Aug-94 £51,686 103.11 102.44 -0.2% 0.0%
Sep-94 £51,586 102.91 103.03 0.6% 0.8%
Oct-94 £52,850 105.43 105.38 2.3% 3.2%
Nov-94 £52,085 103.90 104.66 -0.7% 2.9%
Dec-94 £52,092 103.92 104.46 -0.2% 1.3%
Jan-95 £50,901 101.54 102.95 -1.4% -1.4%
Feb-95 £50,789 101.32 102.30 -0.6% -1.4%
Mar-95 £51,627 102.99 103.50 1.2% -0.9%
Apr-95 £52,063 103.86 103.48 0.0% 1.1%
May-95 £52,180 104.09 103.21 -0.3% 0.8%
Jun-95 £51,347 102.43 101.54 -1.6% -0.3%
Jul-95 £51,623 102.98 101.80 0.3% -1.0%
Aug-95 £51,238 102.21 101.62 -0.2% -0.9%
Sep-95 £50,933 101.61 101.59 0.0% -1.3%
Oct-95 £50,807 101.36 101.22 -0.4% -3.9%
Nov-95 £50,937 101.61 102.09 0.9% -2.2%
Dec-95 £50,798 101.34 101.85 -0.2% -2.5%
Jan-96 £50,521 100.78 102.34 0.5% -0.7%
Feb-96 £51,256 102.25 103.30 0.9% 0.9%
Mar-96 £51,519 102.78 103.22 -0.1% -0.2%
Apr-96 £52,700 105.13 104.72 1.5% 1.2%
May-96 £52,909 105.55 104.75 0.0% 1.4%
Jun-96 £53,325 106.38 105.49 0.7% 3.9%
Jul-96 £53,589 106.90 105.81 0.3% 3.8%
Aug-96 £54,025 107.77 107.14 1.3% 5.4%
Sep-96 £54,334 108.39 108.23 1.0% 6.7%
Oct-96 £54,825 109.37 109.25 0.9% 7.9%
Nov-96 £55,436 110.59 110.88 1.5% 8.8%
Dec-96 £55,093 109.90 110.52 -0.3% 8.5%
Jan-97 £54,656 109.03 110.87 0.3% 8.2%
Feb-97 £55,621 110.96 112.16 1.2% 8.5%
Mar-97 £56,516 112.74 113.13 0.9% 9.7%
Apr-97 £57,406 114.52 114.10 0.9% 8.9%
May-97 £58,196 116.09 115.25 1.0% 10.0%
Jun-97 £59,189 118.07 116.99 1.5% 11.0%
Jul-97 £60,134 119.96 118.82 1.6% 12.2%
Aug-97 £60,581 120.85 120.08 1.1% 12.1%
Sep-97 £61,334 122.36 122.09 1.7% 12.9%
Oct-97 £61,489 122.66 122.60 0.4% 12.2%
Nov-97 £61,879 123.44 123.68 0.9% 11.6%
Dec-97 £62,037 123.76 124.58 0.7% 12.6%
Jan-98 £61,820 123.32 125.49 0.7% 13.1%
Feb-98 £62,770 125.22 126.63 0.9% 12.9%
Mar-98 £63,493 126.66 126.96 0.3% 12.3%
Apr-98 £64,301 128.27 127.85 0.7% 12.0%
May-98 £65,131 129.93 128.99 0.9% 11.9%
Jun-98 £65,871 131.40 130.03 0.8% 11.3%
Jul-98 £66,654 132.97 131.70 1.3% 10.8%
Aug-98 £66,171 132.00 131.13 -0.4% 9.2%
Sep-98 £65,948 131.56 131.20 0.1% 7.5%
Oct-98 £66,123 131.91 132.00 0.6% 7.5%
Nov-98 £66,150 131.96 132.28 0.2% 6.9%
Dec-98 £66,372 132.41 133.39 0.8% 7.0%
Jan-99 £66,385 132.43 134.74 1.0% 7.4%
Feb-99 £67,021 133.70 135.26 0.4% 6.8%
Mar-99 £68,308 136.27 136.46 0.9% 7.6%
Apr-99 £68,856 137.36 136.95 0.4% 7.1%
May-99 £69,933 139.51 138.52 1.1% 7.4%
Jun-99 £70,789 141.22 139.54 0.7% 7.5%
Jul-99 £71,232 142.10 140.67 0.8% 6.9%
Aug-99 £72,635 144.90 143.93 2.3% 9.8%
Sep-99 £73,232 146.09 145.68 1.2% 11.0%
Oct-99 £73,769 147.16 147.40 1.2% 11.6%
Nov-99 £74,954 149.53 149.99 1.8% 13.3%
Dec-99 £75,219 150.05 151.17 0.8% 13.3%
Jan-00 £75,060 149.74 152.30 0.7% 13.1%
Feb-00 £77,072 153.75 155.72 2.2% 15.0%
Mar-00 £79,393 158.38 158.47 1.8% 16.2%
Apr-00 £80,893 161.37 160.93 1.6% 17.5%
May-00 £81,006 161.60 160.51 -0.3% 15.8%
Jun-00 £81,452 162.49 160.39 -0.1% 15.1%
Jul-00 £81,133 161.85 160.14 -0.2% 13.9%
Aug-00 £80,737 161.06 159.96 -0.1% 11.2%
Sep-00 £80,672 160.93 160.41 0.3% 10.2%
Oct-00 £81,036 161.66 162.04 1.0% 9.9%
Nov-00 £81,770 163.12 163.70 1.0% 9.1%
Dec-00 £82,188 163.96 165.15 0.9% 9.3%
Jan-01 £83,450 166.47 169.32 2.5% 11.2%
Feb-01 £83,314 166.20 168.52 -0.5% 8.1%
Mar-01 £85,077 169.72 169.83 0.8% 7.2%
Apr-01 £86,244 172.05 171.57 1.0% 6.6%
May-01 £87,267 174.09 172.97 0.8% 7.7%
Jun-01 £89,068 177.68 175.23 1.3% 9.3%
Jul-01 £89,962 179.46 177.44 1.3% 10.9%
Aug-01 £90,361 180.26 178.94 0.8% 11.9%
Sep-01 £92,432 184.39 183.68 2.7% 14.6%
Oct-01 £91,653 182.84 183.37 -0.2% 13.1%
Nov-01 £92,262 184.05 184.77 0.8% 12.8%
Dec-01 £93,544 186.61 187.95 1.7% 13.8%
Jan-02 £93,231 185.99 189.23 0.7% 11.7%
Feb-02 £94,965 189.44 192.27 1.6% 14.0%
Mar-02 £96,792 193.09 193.34 0.6% 13.8%
Apr-02 £100,473 200.43 199.91 3.4% 16.5%
May-02 £102,886 205.25 203.98 2.0% 17.9%
Jun-02 £106,693 212.84 209.80 2.9% 19.8%
Jul-02 £108,818 217.08 214.38 2.2% 21.0%
Aug-02 £110,890 221.21 219.43 2.4% 22.7%
Sep-02 £112,919 225.26 224.19 2.2% 22.2%
Oct-02 £113,665 226.75 227.48 1.5% 24.0%
Nov-02 £115,761 230.93 231.90 1.9% 25.5%
Dec-02 £117,206 233.81 235.51 1.6% 25.3%
Jan-03 £117,905 235.2 239.5 1.7% 26.5%
Feb-03 £118,521 236.4 240.1 0.3% 24.8%
Mar-03 £122,180 243.7 244.3 1.7% 26.2%
Apr-03 £122,748 244.9 244.3 0.0% 22.2%
May-03 £124,752 248.9 247.3 1.2% 21.3%
Jun-03 £127,214 253.8 250.1 1.1% 19.2%
Jul-03 £128,251 255.8 252.4 0.9% 17.9%
Aug-03 £129,258 257.9 255.5 1.3% 16.6%
Sep-03 £130,473 260.3 258.9 1.3% 15.5%
Oct-03 £131,947 263.2 264.2 2.1% 16.1%
Nov-03 £133,388 266.1 267.3 1.2% 15.2%
Dec-03 £135,444 270.2 272.3 1.9% 15.6%
Jan-04 £134,806 268.9 274.0 0.6% 14.3%
Feb-04 £138,730 276.8 281.2 2.6% 17.1%
Mar-04 £142,584 284.4 285.3 1.5% 16.7%
Apr-04 £145,918 291.1 290.4 1.8% 18.9%
May-04 £149,020 297.3 295.4 1.7% 19.5%
Jun-04 £151,524 302.3 297.8 0.8% 19.1%
Jul-04 £154,299 307.8 303.4 1.9% 20.3%
Aug-04 £153,743 306.7 303.7 0.1% 18.9%
Sep-04 £153,727 306.7 304.9 0.4% 17.8%
Oct-04 £152,159 303.5 304.7 0.0% 15.3%
Nov-04 £153,439 306.1 307.5 0.9% 15.0%
Dec-04 £152,623 304.5 307.0 -0.2% 12.7%
Jan-05 £151,757 302.7 307.2 0.1% 12.6%
Feb-05 £152,879 305.0 309.0 0.6% 10.2%
Mar-05 £153,876 307.0 308.2 -0.3% 7.9%
Apr-05 £156,128 311.5 309.9 0.6% 7.0%
May-05 £157,272 313.7 311.5 0.5% 5.5%
Jun-05 £157,791 314.8 311.1 -0.1% 4.1%
Jul-05 £158,348 315.9 311.8 0.2% 2.6%
Aug-05 £157,310 313.8 312.2 0.1% 2.3%
Sep-05 £156,517 312.2 311.5 -0.2% 1.8%
Oct-05 £157,107 313.4 314.2 0.9% 3.3%
Nov-05 £157,139 313.5 314.4 0.1% 2.4%
Dec-05 £157,250 313.7 316.4 0.6% 3.0%
Jan-06 £158,478 316.1 320.5 1.3% 4.4%
Feb-06 £158,573 316.3 320.2 -0.1% 3.7%
Mar-06 £162,083 323.3 324.6 1.4% 5.3%
Apr-06 £163,573 326.3 324.3 -0.1% 4.8%
May-06 £164,632 328.4 326.0 0.5% 4.7%
Jun-06 £165,730 330.6 327.0 0.3% 5.0%
Jul-06 £167,733 334.6 330.6 1.1% 5.9%
Aug-06 £167,721 334.6 333.4 0.8% 6.6%
Sep-06 £169,413 338.0 337.4 1.2% 8.2%
Oct-06 £169,623 338.4 339.1 0.5% 8.0%
Nov-06 £172,185 343.5 344.2 1.5% 9.6%
Dec-06 £173,746 346.6 349.6 1.6% 10.5%
Jan-07 £173,225 345.6 350.0 0.1% 9.3%
Feb-07 £174,706 348.5 352.7 0.8% 10.2%
Mar-07 £177,083 353.3 354.6 0.5% 9.3%
Apr-07 £180,314 359.7 357.2 0.7% 10.2%
May-07 £181,584 362.2 359.7 0.7% 10.3%
Jun-07 £184,070 367.2 363.4 1.0% 11.1%
Jul-07 £184,270 367.6 363.6 0.1% 9.9%
Aug-07 £183,898 366.9 366.0 0.7% 9.6%
Sep-07 £184,723 368.5 368.0 0.6% 9.0%
Oct-07 £186,044 371.1 371.9 1.1% 9.7%
Nov-07 £184,099 367.3 367.6 -1.2% 6.9%
Dec-07 £182,080 363.2 366.3 -0.3% 4.8%
Jan-08 £180,473 360.0 364.4 -0.5% 4.2%
Feb-08 £179,358 357.8 362.0 -0.7% 2.7%
Mar-08 £179,110 357.3 358.7 -0.9% 1.1%
Apr-08 £178,555 356.2 353.5 -1.4% -1.0%
May-08 £173,583 346.3 344.0 -2.7% -4.4%
Jun-08 £172,415 343.9 340.4 -1.1% -6.3%
Jul-08 £169,316 337.8 334.4 -1.8% -8.1%
Aug-08 £164,654 328.5 328.0 -1.9% -10.5%
Sep-08 £161,797 322.8 322.4 -1.7% -12.4%
Oct-08 £158,872 316.9 317.4 -1.5% -14.6%
Nov-08 £158,442 316.1 316.1 -0.4% -13.9%
Dec-08 £153,048 305.3 307.8 -2.6% -15.9%
Jan-09 £150,501 300.2 303.8 -1.3% -16.6%
Feb-09 £147,746 294.7 298.3 -1.8% -17.6%






/see:

[thepinkpanther] 27/3/2009 00:21

50% - 60% depreciation form the highs UK property prices will fall

they say weve done 25% already.............

some expert said another 55% from here..............that may happen if we see another world war!

otherwise i doubt it very much.............

so ill stick with 50 -60% (worst case sentiment over swing!)

[energyi] 26/3/2009 10:50

Buy it now???
=============

Centex Corp. / Friday, Nov. 25, 1994

Closing Price: 20.125 / Open: 20.375, Hi: 20.375, Lo: 20.125
Split Adjust.: $4.484 /

[energyi] 31/1/2009 05:26

Great! He called the Top, not the bottom

[mtness] 09/1/2009 12:32

Is this thread being revived ?

You can now buy a house in the US for $1000

[pugugly] 02/1/2009 13:50

This has suddenly woken up - 6 buy trades so far today.

Anyone know if it is a New Year Tip anywhere ?

[lyntwyn] 01/1/2009 11:57

Todays Times has PROP as 'tiddler to watch in 2009'- " although the property market is in bad shape,the group, flat at 12.5p, will be able to buy land more cheaply"

[rockraven] 22/12/2008 11:34

Take a look at this for a 2009 opportunity

Bookmark it for details being added later. May even appeal to an investment club.

[spaceparallax] 15/9/2008 10:16

Looks like Prop have gone into hibernation.

[spaceparallax] 18/8/2008 09:55

Pug,

It would stand to reason that Prop will be further affected. I suppose the one silver lining is that we don't also have lots invested in developments atop the land.

[pugugly] 18/8/2008 09:30

Savills reported in todays Telegraph as saying that residential building land has droped by 20% in first 6 month of year and could drop by up to 50% before the current slump is over.

Could hit Property Recycling very hard (imo & dyor). There will be many more sites available at very much lower prices,

I was quite keen on thevaluations some 9 months ago but now very much on the sideline.

Any other views?

[nmf777] 12/7/2008 22:13

energyi, just listened to it, pretty scary stuff but I just don't buy it - I wouldn't be surprised by perhaps a 30% correction when all said and done, but these guys are talking 50-70% which imo is just a little far fetched

[energyi] 09/7/2008 21:42

UK Property : How low can it go?
Most bearish property podcast yet?
=============

With

John Woosley of Lauristons Estate Agents

Merryn Somerset Webb of Moneyweek Magazine

Jonathan Davis of Armstrong Davis

Reinhard Schu of Berlin Property Investments

Michael Hampton of Global Edge Investors

CLICK HERE TO LISTEN:

[spaceparallax] 28/5/2008 11:23

Significant dip this morning - anyone know of reasons?