Real Estate Opportunities Share Discussion Threads

[tiltonboy] 15/11/2010 11:59

Penny punters pushed DAV up from a penny to the best part of 10p, and that was after the board informed shareholders that their share were likely to be worthless. Sometimes you can't beat ill-informed speculators in the short term.

Good luck to those that play the game.

[chesty1] 15/11/2010 11:55

Next wave north could be even stronger....

[lbo] 15/11/2010 11:48

Anyone care to look at the fundamentals?

How much is Battersea Power Station worth?



bank loans of stg£1.29bn, of which three-quarters (stg£974m) fall due for repayment within the next 12 months. It also has bonds with a face value of stg£247m, which must be repaid by end of May 2011. Also preference shares with a face value of stg£127m and an exposure to financial derivatives of a further stg£74m. Against that REO has property which it claims is worth stg£1.05bn. REO has properties with a claimed value of stg£609m in Ireland and stg£440m in the UK. Still leaves REO with a net asset deficiency of stg£755m! Are we really to believe that the Battersea site has just gone up in value by £755m to over £1.1bn!!!! LOL

[chesty1] 15/11/2010 11:46

Shake attempt won't work....Being met with buyers....Watch your stops unless you want out.

[lbo] 15/11/2010 11:34

We heard it all before on ANGL! Fact remains that REO is still insolvent no matter what some speculators do the share price in the short term. The speculative market still placed a value Anglo Irish shares right up to the Nationalisation but the reality was they were worthless!

[cockney sparrow] 15/11/2010 11:33

Yep, Give yourself a pat on the back!

[chesty1] 15/11/2010 11:18

Atleast I have a 40%+ rise to spout about....

[cockney sparrow] 15/11/2010 11:14

Well you are still spouting so they will spout back.

[chesty1] 15/11/2010 11:13

Top of the shop on the ADVFN Leader Board yet the de-rampers still try it on...

Why not just admit they got it wrong....oh yeah but in ten years time I will be right...By that time us longs will be soaking up the sun in the Maldives.

[northster2] 15/11/2010 11:12

could be easily 10p plus this week the chart is amazing today

[hybrasil] 15/11/2010 10:47

Badhshah
Optimism is one thing but you are simply ignoring financial reality.

Yes the shares have jumped on very little volume since the rns. That was the gamble. The reality is, is that this company is utterly goosed.
The only thing you can hope for is massive property inflation and I dont think any commentators would suggest that that is on the way.

So -- short term punt which is a total gamble and would be better spent at the bookies.

Long term -- Nama or as I think nada.

[chesty1] 15/11/2010 10:41

Nobody is dumping here as its only going one way....

[nearlybroke2] 15/11/2010 10:38

There are quite a few clients and tenants watching these developments.
Most of them would wish for a successful outcome to the extroardinary
efforts now being made to secure REO.

[bernieboy] 15/11/2010 10:34

5p! wow. nice.
No worries with LBO posting - always good to have balanced views - with the risks as well as the benefits being highlighted!

[badhshah] 15/11/2010 10:24

Nama fully support REO's efforts of survival. Reo worths much more then what it is today.

It will be the journey towards North, it could be slow it could be fast but the directions NORTH.

LBO your efforts to scare off the investors are very naive.

[lbo] 15/11/2010 10:21

The State agency's priority is not REO's survival, but repayment to the taxpayer

Nama has a number of choices. In a worst-case scenario, it can decide to wind up the company or to appoint a receiver. Alternatively, and more likely, it can tell it it to sell properties and use the cash to pay off some of the money it owes the State.

REO recently sold its stake in China Real Estate Opportunities (now Treasury China Trust) for €28 million. Spinning off Battersea could also bring in some cash. Even in this market, some of its Irish assets could be attractive. Vodafone is paying €7 million a year to rent Central Park in Sandyford, Dublin, from the company.

Nama has stepped into the banks' shoes, but while a bank is likely to work with the company with a view to ensuring its commercial survival over the medium to long term, the State agency's priority is getting developers to repay the money they owe it, and by extension the taxpayer, over the short term. REO is going to be one of the first tests of how well it will do that job.

[asmodeus] 15/11/2010 10:20

Many thanks for your support, nofool (574). I should remind those who don't agree that although quite sure that Tilton and others are correct in explaining the precarious financial position of REO, I did point out the possibility that the share price could nevertheless take off on the back of speculation by punters lacking such well-informed advice..

[chesty1] 15/11/2010 10:19

Above 5p today is very possible...Looking at the chart aint it a cracker.

[chesty1] 15/11/2010 10:17

The brakes are coming off......

ssssssshhhhhhhh the shorters will hear us getting all excited...

Come on shorters admit you got it wrong & should have longed some sub 2.5p LIKE CLEVER LITTLE ME DID.....

[chesty1] 15/11/2010 10:10

Well one things for sure you wont hear the de-rampers from the weekend admitting they got it wrong...lol...

Gonna leave em to it now & do some work.

Be lucky to all & I know its going up from here..zzzzzzzzzzzzzzzzzz

[comedy] 15/11/2010 10:04

have a feel this is going to do a big spike today as big boys will be wanting stock..but why sell??if we bought with thought we had lost it all then why sell for a couple of £k up ..already up over£2.5k here..but believe 10p will be achieved.:) gl all holders

[lbo] 15/11/2010 10:03

Nama set to move on more property firms this week



Nama is to shut down more property developers as early as this week, as it moves to take control of some of the country's biggest borrowers.

[comedy] 15/11/2010 10:02

nice to see the spike action chesty? tells me this has been held down and will erupt upwards like a ball held below water...they can keepp posting ...dont know if they have positions but they have already been shown wrong from friday...lets see if 5p goes today? or this week? and lest see what htye say then?:) holding 170k as see 10p if lucky?:)