Real Estate Investors Share Discussion Threads

[59david] 16/1/2007 20:09

This finally seems to be looking a little more promising. Here's hoping!

[richtea120] 21/12/2006 15:36

Please excuse my ignorance but is a T trade a broker to broker sale tia rt.

[sunfish2] 21/12/2006 14:16

I think that the experience and track record of REI's board should not be ignored.

[59david] 21/12/2006 11:35

Makes a pleasant change from all the other AIM companies I hold shares in which always seem to have to do their placings at significant discounts which both pulls down share price in short term and then stops it increasing much as any substantial increase is typically followed by profit taking from those that bought in at the low placing price. This looks much more hopeful IMHO

[sunfish2] 21/12/2006 09:57

New shares issued to institutions at premium to market price.

Must be interesting with large cash investment by directors.

[richtea120] 20/12/2006 17:19

Perhaps this might kick start this any views?

[currypasty] 20/12/2006 16:19

20 December 2006

Not for release, publication or distribution in or into the United States,
Canada, Japan or Australia

Real Estate Investors PLC
("REI" or the "Company")

Completion of £25 million fundraising and Board changes


Introduction

The Board of Real Estate Investors PLC (AIM: RLE) announces that it has raised
£25 million through the issue of 250,000,000 ordinary shares of 1p each in the
capital of the Company at 10 pence per share (the "Placing Shares") to new
institutional and other investors (the "Placing"). Of the funds raised, Paul
Bassi has invested £3 million, Marcus Daly has invested £250,000 and John Jack
has invested £75,000.

Additionally, Paul Bassi and Marcus Daly, who were appointed to the Board in
July 2006, have been appointed Chief Executive and Finance Director of REI
respectively, effective 1 January 2007.

Commenting on the placing, Peter Lewin, Chairman of REI, stated, "We are
extremely pleased by the level of support that we have received from our new
investors. REI is now in a position to capitalise on what we believe are the
considerable opportunities that exist to grow the business significantly and
deliver strong returns for all our shareholders. "

[currypasty] 30/11/2006 15:27

To facilitate the pursuit of this strategy, the Board of the Company has
convened an EGM to seek Shareholder approval for substantial increases in the
authorities of the Directors to allot on a non pre-emptive basis authorised but
unissued ordinary shares of 1p each in the capital of the Company ("Ordinary
Shares") up to a nominal amount of £2,500,000 representing, as at 20 November
2006 (being the latest practicable date prior to the making of this
announcement), 276 per cent. of the Company's current issued share capital.

In particular, the Company is currently considering a cash placing of Ordinary
Shares with new institutional and other investors. The Company will announce
details of any actual placing in due course.

[topvest] 02/11/2006 21:55

You will be lucky to get in at that price!

[holgerl] 02/11/2006 19:06

im looking to add sub 5p

[richtea120] 26/10/2006 13:38

Anyone still in this ???

[topvest] 02/9/2006 18:35

Bit of a weak day on Friday and below 9p.

[sunfish2] 02/9/2006 03:08

After the Bassi investment the company has £3m cash in hand.
The first 2 years were about getting established and the stronger company seems in good shape to move forward.

Bassi and Perloff are good operators and Lewin has a long track record.

What it needs is a wider and more solid shareholder base.Been poking around a bit and I reckon that we will see action.

[topvest] 20/8/2006 08:23

Interesting, although that RNS doesn't seem to show up on ADVFN. Been watching this one, but not bought any yet. Andrew Perloff bought some more shares which cannot be seen as a bad sign and holds just under 9%, although most were acquired as part of the Eurocity transaction.

Paul Bassi looks an interesting addition to the Board.

I was never really that convinced with the CEO's strategy at Newport Holdings and he seems to be doing the same here. Lots or properties are bought, held and then sold on with shares issued all the time. They never really seem to generate significant value with any of the properties they buy, just a 5% uplift here and a 10% uplift there. Very much an old style investment holding property company.

[frances2] 19/8/2006 18:35

what will rising rates impact this?


Why has the finance director sold every single share?


Director's Dealings

REI announces that on 26 and 27 June 2006, Malcolm Lewin, a director of the
Company, made the following disposals of ordinary shares in the Company.

Number of Price per
Shares Share
400,000 9.875p
250,000 9.75p
100,000 9.50p

Following these transactions, Malcolm Lewin no longer holds shares in the
Company.

27 June 2006

[59david] 28/6/2006 16:37

Given lack of postings this one is obviously below most people's radar screen however latest news re additional funds, new directors, acquisition makes me think this might actually be a share worth having

[currypasty] 09/3/2006 10:00

LONDON (AFX) - Real Estate Investors PLC reported a pretax profit of 20,000
stg for the full-year to end-Dec 2005 compared to a loss of 97,000 for the
initial six month startup period to end-Dec 2004.
Rental income in the full-year rose to 1.2 mln stg from 0.2 mln in the
comparative period.
Turnover rose to 1.18 mln stg from 214,000 st.

[currypasty] 09/3/2006 09:59

RNS

Real Estate Investors swings into small FY pretax profit





still getting property wrong energyi ????

[energyi] 08/3/2006 19:42

How can any Real Estate company be barely profitable now?

[currypasty] 28/1/2006 08:39

all they seem to do is issue shares, at an increasingly lower price

[59david] 27/1/2006 22:22

Is anyone out there watching this stock. If so, any views on where it might be going if anywhere?

[chaweewan] 29/7/2005 16:48

money4me

Yes - as reasonable as these folks can be, I suppose - but not entirely 'money4you!