||EPS - Basic
||Market Cap (m)
|Real Estate Investment & Services
Safeland Share Discussion Threads
Showing 901 to 925 of 925 messages
|well done eezy|
|Decided to have just a tiny few of these for the EEZY4 portfolio, primarily because of what I've read about the share options.
|accounts are wrong as it says diluted eps are the same as undiluted
seems weird considering the options|
|No but you have had safestore, hercules, tecc-is and now safestay all of which Larry promoted|
|Err SAF haven't issued any equity for donkey's years AFAICS. If I owned it I'd delist tomorrow.|
|Except Larry values his postion as someone who can raise money on, and generally use, the market. If they play too strong he will lose that. I speak as someone with a big stake in safestay.|
|Look at the 2011 Annual Report, to see what nonsense can happen if you are a shareholder in a company majority owned by directors (such as this)
"In relation to the Executive Issue, it is
proposed that, in aggregate, options over a maximum
amount of 24,101,188 ordinary shares be granted to
the four executive members of the board by way of
incentivisation, representing 143% of the Company’s
issued share capital. The amount of options proposed
to be issued pursuant to the Executive Issue will also
exceed the Remuneration Option Limit. "
Laughable! I guess they may behave better in future. It's not entirely uninteresting. Looks like the 4 houses on Chandos Tennis site may be worth a lot for eg (poss much more than they're in the books for).
I don't think I'd trust them enough to hold anything more than a token number. Could delist etc very easily.|
|Thank you EEZY.
While not as exciting they are still not bad value at the current share price
I was concerned about the big house purchase. They have obviously made money on it or it would not have gone so quickly.
The 17 apartments in the former hotel should generate a lot of cash and I suspect will very much increase the NAV.|
|If those options were exercised shares go to 28.3m. Assets would increase by £1.1 and NAV/share would be c. £18.3m or 64.6p/sh
Quick rough numbers DYOR!|
|There are still 12.1m share options exercisable at 9.25p
Effective NAV/sh miles lower than headlines!
They say "There is no difference between the diluted loss per share and the basic loss per share presented as the effect of the share options in issue is anti-dilutive" which, to me, is very odd! It's presumably because there are losses this half. Look at last year finals and you'll see the dilution if they make any profits!|
|It was probably the mention of uncertain markets.|
|I would say the market simply doesn't understand this co.
They announce today they have sold the massive house they bought and that the hotel conversion will complete next year with loads of appts to sell and the share price falls!|
|Net assets of 17 million Mcap less than 7 million. I suspect the March 2016 house purchase will cause a few dents in the nav. That is probably why the price is falling. Their investment in safestay is back a little too.|
|Does anyone know why the share price is falling? I bought in a couple of weeks ago :-(|
|So the options of Ray Lipton lapsed as per Note 4 EPS|
|why the price rise on friday?|
|Did Raymond Liptons (RIP) options lapse or get exercised? - last day was today:-
"Following the death of Raymond Lipman on 9 June 2015, under the terms of the share option scheme his executors have until 9 June 2016 to decide whether to exercise the share options granted to him."|
|great to see them back doing old fashioned trading!|
|OK thanks EezyMunny.|
|Don't forget the in the money share options michaelmouse. Real "market cap" effectively much much much higher!|
|thats a buy back of over 7% of the company.
Still holding and bought a good chunk of safestay|
|Yes great results, NAV over 83p. Still holding a token amount.|
|Can't believe these have done so well and actually a dividend being paid again. Good luck to those that held firm. I would sell now if I still held as there is big dilution on the way. The Lipman's have done very well to restore shareholder value, albeit most of the value will be for themselves.|
|Worth pointing out the dilutive effect of options...and 9.5 million loan due within a year.|