Quadrise Share Discussion Threads

[r ball] 10/12/2013 12:09

100p is too obvious a trigger level that surely it would be 99.9 or 100.2 or the such like.

PS: licking my wounds from IOM today.

[quepassa] 10/12/2013 11:26

The very important 100p psychological level and resistance barrier have now both been breached, with the share price up to 102p.

This is excellent market news.

100p will have been an obvious trigger level for limit / programmed trades and also a trigger level for break-out indicators.

The share will in my view be open to move more freely now.

Market cap now also clear of the £half-billion mark which will additionally foster and bring more institutional interest.


ALL IMO. DYOR.

QP

[r ball] 06/12/2013 18:04

Is it me or is BKG a kind of proxy QED.

PS: I hold both.

[quepassa] 06/12/2013 11:08

Post 6353 refers.

QP

[jaws6] 05/12/2013 16:36

auction price to close at 97.25 ???

[jaws6] 26/11/2013 07:42

Today's CLDN news says they hold some QED.
Been talked in few papers.

[cockneyrebel] 25/11/2013 18:49

Cheapest it's been to NAV in a while imo.

Rallies at the most unexpected times tho imo.

CR

[quepassa] 25/11/2013 18:45

A few weeks back the discount to NAV had narrowed to less than around 4%.
( share price of 99/100p versus NAV of 104p ).

The Discount (proforma) has recently widened again to something like 16% ( share price of 94p vesus proforma NAV of 112p).

However, whilst some of the excitement associated with co-owning the Greenwich development may have gone, the Company itself is vastly stronger and is in a great position to motor forward with low gearing which is down from £452million to a comfortable £175m

There are plenty of other things to be excited about at Quintain.

Personally, I do not believe that this unduly generous discount to NAV will linger for very long.

ALL IMO. DYOR.

QP

[quepassa] 25/11/2013 16:16

It appears that one lady analyst at today's Interims posed a question during the Q&A about any plans for a resumption of shareholder dividends/yield following the Greenwich sale.

Apparently Max James, Quintain's excellent and dynamic CEO, answered to the effect that they had only just received the Greenwich moneys last Friday and would think over the next six months about what returns to give to shareholders.

That could of course be nothing.....then again......

However, it is not unencouraging in my opinion that the CEO appears to have said they would be thinking about this.

2014 is just round the corner. And the long-stated Corporate objective/strategy of returning to a dividend paying business model cannot now be too far away in my view.

Certainly the vast majority of the peer group against whom Quintain measure themselves for performance criteria are already paying shareholder dividends.

ALL IMO. DYOR.

QP

[scottishfield] 25/11/2013 14:49

tks alan@bj

[alan@bj] 25/11/2013 14:44

Rated a speculative high risk BUY, by Investors chronicle. Not sure why "high risk" given the reduction in debt, London property market, and improving retail situation, but they summarise as follows:-
"Quintain's shares are up strongly since our buy tip (57p, 11 Oct 2012) but still trade at an 18 per cent discount to forecast book value. With the company back on the front foot in a strong market, that discount should narrow. Buy."
Last IC view: Buy, 94p, 5 Nov 2013

[broadwood] 25/11/2013 07:21

Getting into the big boys league now.

[jlo10] 23/11/2013 22:34

FWIW
London Designer Outlet in Wembley Park reported over 249,000 visitors in the two weeks following its grand opening on the 24th of October.

Data collected by analyst company Experian Footfall revealed a good amount of opening day visitors, with over 21,000 shoppers visiting the outlet center on the first day. Over the next two week period the company reported an average daily footfall number of 16,000 visitors. London Designer Outlet also reported a 12.7 percent of footfall traffic visiting entertainment areas and facilities on sites.

James Saunder, chief operating officer of the LDO developer Quintain commented: "With London Designer Outlet we wanted to create a great shopping experience for bargain-hunters, and a leisure destination that reflects the wants and needs of the local community. The recent footfall figures, particularly the breadth of traffic numbers throughout all periods of the day, highlight how well the centre is performing as both a retail and entertainment hub".

Steve Richardson, Regional Director for the UK and Ireland at Experian Footfall added, "What's really great to see is how outlets such as London Designer Outlet are starting to change the retail landscape. Not only does the launch of the Outlet go against the declining trend for retail development from the past 18 months, but also demonstrates the benefits such outlets can bring to inner-city areas."

The outlet also reported a huge influx of visitors after the NFL game at Wembley Stadium on the 27th of October. London Designer Outlet had an increase of 407 percent at 8 pm on the same night, compared to the same time the previous night.
hxxp://www.fashionunited.co.uk/fashion-news/design/london-designer-outlet-attracts-almost-a-quarter-million-visitors-2013112219170

[quepassa] 22/11/2013 09:05

New look Quintain web-site now up and running.

The link to the old Quintain Estates web address either no longer works or takes you to the new

www.quintain.co.uk.

There is a registration sign-up page for the live 9am webcast this coming Monday 25th November on the Interims.

QP

[scottishfield] 21/11/2013 15:49

chart looking a lot better today. hopefully onwards fm here.

[dov] 19/11/2013 23:48

went to the LDO prior to tonights looked reasonably busy still a few shops not yet opened.Generally quite impressed.

[quepassa] 19/11/2013 14:20

Barclays broker note update yesterday 18th. November


RETIERATES. OVERWEIGHT. with Target PRICE OF 130p (from 132p).


This suggests a potential upside of more than 40% on today's share price.



Looking forward to Interims on 25th. November.



Having achieved/brought forward the major points of their corporate Strategy significantly ahead of time with the sale of Greenwich, hopefully the interims will bring news of a long-awaited reintroduction of sorely missed shareholder dividend.





ALL IMO. DYOR.

QP

[maddox] 15/11/2013 19:41

Hi Quepassa,

I think you are right, and there is probably some profit taking as well. I'm thinking that the 25th results will refocus attention away from Greenwich and onto the sizeable opportunity that Wembley presents. The transparency of future NAV growth is attractive, financing headroom available, and a supportive macroeconomic background - should be sufficient to quell dismay at the Greenwich-exit.
Regards, Maddox

[jaws6] 14/11/2013 16:14

Any one follow QED bond ?
Now they 104.5 105.5 go on

[scottishfield] 14/11/2013 12:17

better looking chart now, added.

[badtime] 13/11/2013 17:56

And now back down again...hoping 90 will hold for another assaulting 100..if not...

[cockneyrebel] 12/11/2013 10:48

Price firmed up since that 1.2m trade yesterday - I reckon that was a seller getting the last of his lot away imo.

CR

[cockneyrebel] 08/11/2013 16:05

TIDMQED
RNS Number : 6054S
Quintain Estates & Development PLC
08 November 2013
Quintain Estates & Development plc
8 November 2013
Quintain Estates & Development plc
Notice of Interim Results
Quintain Estates & Development plc will be announcing its results for the six months ending 30 September 2013 on Monday, 25 November 2013.
Meeting and conference call
A meeting for analysts and institutional investors will take place at 9.00 a.m. on 25 November at The London Stock Exchange, 10 Paternoster Square, London EC4M 7LS. Participants should register for the event by contacting Charlotte Whitley on [phone] or at [e-mail].
The meeting can also be accessed via a conference call dial in facility using the following details:
Participant dial-in numbers
United Kingdom (Local) 020 3059 8125
All other locations + 44 20 3059 8125
Password Quintain
In addition, a live webcast of the presentation will be available on the Company's website at www.quintain.co.uk.
Enquiries:
RLM Finsbury [phone]
Jenny Davey
Charlotte Whitley
This information is provided by RNS
The company news service from the London Stock Exchange
END
NORUWUSROWAARAA
(END) Dow Jones Newswires
08-11-13 1600GMT