Quadrise Share Discussion Threads

[zangdook] 17/2/2012 06:48

Why not copy here anything you have to say?

[wexboy] 17/2/2012 01:36

Hi folks,

I've included my first look at QED in my latest Catalyst article, where I look at 4 interesting companies/situations with activist investor(s) on board:



Cheers,

Wexboy

[engineer66] 12/2/2012 16:52

I just had a look at QED and wonder what are folks think about what moves the shareprice(SP)?

I would expect a resonable discount to NAV, from illiquid properties, valuation assumptions, loads of debt and non renewal of debt, Olympics / JVs going wrong,etc.. Management says the NAV to share price discount is a key performance indicator (sic).

I suspect its share price may have a link to some London property valuation indicator hence risk of impairment; or the level of debt and company progress in selling properties. Overall QED seems a fairly clued up developer but I dont know the sector well. Appreciate any views on share price value?

[quepassa] 08/2/2012 11:42

Excellent news yesterday from sector comparison, St. Modwen Properties which yesterday announced a 34% increase in full year pbt to £50m and a 9% increase in NAV per share.

St. Modwen's CEO, Bill Oliver, makes some encouraging remarks about builders coming back into the residential market, competition heating up and that the property market had become slightly clearer.

Bodes very well in my view for Quintain.

ALL IMO. DYOR.

QP

[zeuseq] 08/2/2012 09:31

With mkt sentiment shifting risk back on the sp/nav anomaly should narrow,..mid 50's in due course, if not a bidder could appear.

[scburbs] 07/2/2012 12:47

Good to see further development of Greenwich Peninsula (funded by someone else), which could help support the planned QED residential developments.

"London is set to have the longest artificial city beach in Europe, when the attraction opens in Greenwich in May.

Greenwich Beach will be located on the Greenwich peninsula near the O2, the former Millennium Dome.

The concept has been approved by Greenwich council. It is expected to imitate the Paris-style "pop-up plage" and is expected to open each summer from June to September over the next five years.

Under the plans, the 1.47 hectare site will provide live entertainment, restaurants and beach sports. It will even include an Olympic-size volleyball court and cater for crowds of up to 5,000 at maximum capacity.

The sandy beach will also have areas for sleeper chairs, lounge seats and foot showers.

The site is expected to be used during the Peninsula Festival and for events during the 2012 Olympic Games."

[sandy12345] 07/2/2012 10:36

about time, nice move upwards!

[valedo] 04/2/2012 12:56

Have to say I am a bit sceptical about the NAV figure, but even if allowing a significant margin for discrepancy there's plenty of room for upward adjustment to the share price 60+ seems a more realistic figure short term and I can see it moving there over the next few months.

[quepassa] 04/2/2012 09:14

The LDO is clearly gathering pace.

An increase in pre-lettings from 39% to 45% is an excellent jump in just a few months.

Quintain should announce who the new 6% are.

There remains some investor confusion about who the shopping centre is targeted at both in terms of shops and shoppers. Clarification would be helpful. Originally, it seemed that the centre was going head-to-head with upmarket Bicester Village. Now we know it is just beneath Bicester Village in its market orientation.

However, it is still not clear whether this is a factory outlet, a designer outlet, a shopping outlet or a regular (up/mid/down market) shopping mall/cinema/restaurant complex. Many of the tenants announced so far can be found across the spectrum of these retail offerings.

Brent Cross - which was the first true shopping mall in Europe built in the 70's and which has over the years been a phenomenal success- is now trying hard but truly showing its age. It is highly likely in my view that the LDO will draw significant numbers of shoppers away from Brent Cross which is just 5 mins away on the North Circular.

Given the local demographics and very good road, rail and transport links to Wembley combined with the public's ever-growing enchantment with outlet shopping, the LDO is likely in my view to become a huge success on the North London scene and drawing in crowds from elsewhere.

Some information on the newly announced and appointed Asset Manager, Realm Ltd and the types of malls which they already manage:-



and




ALL IMO. DYOR.

QP

[owenski] 03/2/2012 20:35

more likely a double bottom in formation

[red army] 03/2/2012 18:30

The chart might also suggest a potential head and shoulders pattern.

[quepassa] 03/2/2012 12:00

very welcome.

QP

[scburbs] 03/2/2012 11:30

Thanks QuePassa. A very interesting interview, certainly more interesting than the steady as she goes IMS.

[chinahere] 03/2/2012 11:04

Good interview which renews confidence in them I think.

[quepassa] 03/2/2012 10:30

Interview with Rebecca Worthington dated 26th. Jan 2012 in Financial Director.
Regurgitation mainly of recent company events, some insightful points. Generally upbeat article about QED:-



ALL IMO. DYOR.

QP

[rrogans] 02/2/2012 16:09

Does anyone know if it is possible to see who has signed up for LDO? Clearly some outlets are going to be more interesting to the public than others.

[dope007] 02/2/2012 14:04

So back to 500p then?

I wish!!!!

[kimball808] 02/2/2012 13:49

16 year chart in the header really does show QED in the finally phase of a perfect double bottom...what a peach...;-)

[ccraig69] 02/2/2012 13:11

I have just received an email selling student apartments in greenwich

[honiton] 02/2/2012 11:46

brownie69/nigelpm

I concurr. This is all about strategy gaining traction and management credability.

[brownie69] 02/2/2012 10:07

All looks positive.

One of the days the discount to NAV has to close, and i think when it starts to move it could be a quick rerating as its so far below the industry norm of 20% discount to NAV.

[kramch] 02/2/2012 08:55

Looks all positive to me, good to see 45% of the LDO under offer, developments are on schedule, and Greenwich is getting started where they have managed to negotiate the ridiculous 38% social housing content down to 25%. They're clearly watching their healthcare tenants carefully.

K.

[nigelpm] 02/2/2012 08:34

Nothing new really. Good progress being made. Wake me up when the discount to NAV has been reduced.