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SAF Safeland

37.50
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Safeland LSE:SAF London Ordinary Share GB0007667008 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 37.50 30.00 45.00 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Safeland Share Discussion Threads

Showing 851 to 875 of 950 messages
Chat Pages: 38  37  36  35  34  33  32  31  30  29  28  27  Older
DateSubjectAuthorDiscuss
19/8/2014
09:35
Is HSBs post....sorry Horndean Eagle ..post 271 correct

"Excellent news and no doubt SAF have wind behind them but I have just had a look at the share options management have awarded themselves and that is enough to put me off. 20m shares at exercise price of 9p. That is worth 6m quid already. Disgraceful."

and have people taken that massive dilution into account when calculating the NAV ?

Battlebus ?

----

I think the dirs. might already on my Blacklist...at fulltimeinvestors.com if not they soon will be !

smithie6
19/8/2014
09:28
Starting to move up a bit. Shares still look very cheap compared to NAV. Would be interested to know what they have in the pipeline...
geraldton1
19/8/2014
06:21
Property valuations still rising with the NAV up 11% to 63p along with a pretty good outlook and a substantial increase in gross profit for the year.

The Group is now poised to complete a number of developments which should ensure that the near term outlook for shareholder returns is at its strongest for some considerable time.

battlebus2
11/7/2014
12:59
Lots of buying, news on property to come?
battlebus2
04/7/2014
17:50
Good to see another tick up today, there's been a few sizeable buys of late :))
battlebus2
14/5/2014
07:18
Looks like someone bought 15,10 and 3k then sold same a few minutes later bringing the price back down a bit. Could also be a coincidence....
battlebus2
14/5/2014
06:33
Great update this morning, more than justifies the current share price imv
Still on a market cap of 4.4 million.....


Following the recent admission to AIM of Safestay plc which was effective on 2 May 2014, Safeland provides the following update for shareholders.

Further to the Company's previous announcements regarding the planning application for the development of housing on the Chandos Tennis Club in Golders Green, Safeland announces that pursuant to the terms of a conditional sales contract with a prominent housebuilder to develop the site, it would be entitled to receive GBP13.2 million in staged payments over the next few years, which the Directors estimate to be approximately 3 years, plus potential additional overage revenues. The contract remains subject to full planning consent being obtained. At the date of this announcement, planning consent still has a number of outstanding conditions to be agreed. The planning application includes the relocation of the Chandos Tennis Club to an alternative facility on land currently owned by Safeland, which is included in the terms of the proposed sale. Further announcements regarding the proposed development will be made in due course.

In addition, Safeland is pleased to announce that it has obtained a residential consent under permitted development rights in relation to part of a property in Wimbledon which was acquired by the Company in 2013. The intention is that the property will be converted into 31 residential units for onward sale.

Larry Lipman, Managing Director of Safeland plc, commented:

"We have had a very busy few months, which has seen us complete the successful demerger of Safestay and its admission to AIM, while progressing the planning applications of various properties, including the Chandos Tennis Club and Wimbledon. We remain active in the market seeking further opportunities where we can bring our skills to bear."

battlebus2
02/5/2014
20:18
Has anyone received their shares in Safestay yet? (1 for every 4.66 Safeland).

Nothing from TD Waterhouse

rj allen
29/4/2014
06:09
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA, THE REPUBLIC OF IRELAND OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

This announcement is for information purposes only and investors should not subscribe for or purchase any shares referred to in this announcement except on the basis of information in the Admission Document to be published by Safestay plc in due course in connection with the placing of its ordinary shares and the admission of its ordinary shares to the AIM market of the London Stock Exchange plc. Copies of the Admission Document will, following publication, be available from Westhouse Securities Limited's registered office.

The ordinary shares in Safestay plc to be issued pursuant to the proposed placing of new shares to raise £4.8 million have not been, and will not be, registered under the United States Securities Act of 1933 as amended (the "Securities Act") or qualified for sale under the laws of any state of the United States or under the applicable laws of any of Canada, Australia, South Africa, the Republic of Ireland or Japan and, subject to certain exceptions, may not be offered or sold in the United States or to, or for the account or benefit of, US persons (as such term is defined in Regulation S under the Securities Act) or to any national, resident or citizen of Canada, Australia or Japan. Neither this announcement nor any copy of it may be sent to or taken into the United States, Canada, Australia, South Africa, the Republic of Ireland or Japan, nor may it be distributed directly or indirectly to any US person (within the meaning of Regulation S under the Securities Act) or to any persons with addresses in Canada, Australia, South Africa, the Republic of Ireland or Japan, or to any corporation, partnership or other entity created or organised under the laws thereof, or in any country outside England and Wales where such distribution may lead to a breach of any legal or regulatory requirement.

29 April 2014

Safestay PLC
("Safestay", "the Company" or "the Group")

Publication of admission document, fundraising details and proposed admission to AIM

Safestay, the owner and operator of a new brand of contemporary hostel, today, announces details of its Admission to the Alternative Investment Market of the London Stock Exchange. It is due to be admitted to AIM with a market capitalisation of £6.6 million.

The Fundraising has raised in aggregate £7.6 million before expenses by way of a Placing, arranged by Westhouse Securities with institutional and other investors, which has raised £4.8 million, and the issue of £2.8 million through the issue of Convertible Loan Notes. Trading in Safestay shares is expected to start on AIM on Friday 2 May 2014.

The Admission Document can be requested from Instinctif Partners from the date of this announcement, and will be available on the Company's website, www.safestay.co.uk, from Admission.

Admission details
· Safestay will have a market capitalisation, at the placing price of 50p per share, of £6.6 million on Admission
· Placing of 9,600,000 Ordinary Shares at 50p per share to raise £4.8 million and a further £2.8 million raised through the issue of Convertible Loan Notes
· The Company has also negotiated a new bank facility of £5.6 million
· The net proceeds of the Fundraising of approximately £6.65 million will be applied towards payment of the consideration due to Moorfield Funds (£6.2 million) for its interests in the Safestay business and provide capital to fund the development of further hostels, building on the Safestay brand and reputation and enabling the Company to take advantage of the opportunities available to it
· Dealings are expected to commence on AIM at 8.00am on 2 May 2014. (Ticker symbol: SSTY)
· Westhouse Securities is acting as Nominated Adviser and Broker to the Company

Larry Lipman, Chairman, Safestay, said:

"We are delighted to be listing on AIM and with the support of our new investors. It will enhance our status and brand. With the monies raised we have been able to buy out our existing shareholders and provide capital for expansion. The hostel market is where the budget hotel market was 20 years ago and ripe for development. Safestay has a proven, profitable model to take forward."

battlebus2
28/3/2014
16:18
Good to see a tick up, first for a while.
battlebus2
17/2/2014
11:01
The scale of those options is horrific. Only 17m shares in issue at present. Existing holders diluted by over 50% by those options.
horndean eagle
17/2/2014
09:42
Excellent news and no doubt SAF have wind behind them but I have just had a look at the share options management have awarded themselves and that is enough to put me off. 20m shares at exercise price of 9p. That is worth 6m quid already. Disgraceful.
horndean eagle
17/2/2014
07:29
More good news this morning with planning at the Chandos tennis club.
i suspect a few will sell up when they receive those Safestay shares but imv hold tight for future gains, worth 50p in my book...

battlebus2
05/2/2014
11:23
Moving up , should be worth 50p imv.
battlebus2
04/2/2014
22:06
Thanks topvest, you nearly had me selling at one point. Safe stay is a great investment hopefully more like it in the future.
battlebus2
04/2/2014
20:42
Well done then to those that stayed with this bunch. Looks like you will get some Safestay shares, potentially with quite a bit of value. Rather disappointed now that I sold mine over 2 years ago after having finally having given up on their very poor multi-year behaviour.
Looks like I made the wrong decision as they start riding the property boom once more!

topvest
04/2/2014
17:54
Back to new highs again, still on a p/e less than 6 with a 5.62 market cap :))
battlebus2
31/1/2014
07:58
As i suspected Safestay is to be demerged into a company called Newco. Shareholders to recieve an equal amount to their SAF holdings.

Trading update also cautiously optimistic with much more to come from Chandos TC.

battlebus2
14/1/2014
15:45
Holding up well with more buying today at 39p.
battlebus2
10/12/2013
19:10
Good to see we finished positive today.
battlebus2
10/12/2013
07:09
The six months to 30 September 2013 has seen Safeland plc make steady progress across all activities of the Group, in line with the Board's expectations. The Group has reported a profit for the period of £215,000 (2012: £104,000).

The Group has completed the development work on three projects since 31 March 2013. These properties are currently being marketed and we have good interest from potential buyers.

Our joint venture Safestay continues to gain momentum. In the six months to 30 September 2013, the hostel achieved average occupancy of beds available of 79.2% (2012: 50.2%) and has a good level of reservations for 2014. The hostel is now making an operating profit in addition to revaluation gains on the underlying assets.

In the period, the Group invested £5.9m in the acquisition of three properties each with planning potential to generate positive returns on our investment. Planning applications are being compiled for submission to the local authority to exploit the significant uplift in value from a change in the current consent.

The unaudited net asset value per share rose 2p to 59p (31 March 2013: 57p), an increase of 3.5%.

The outlook remains cautiously optimistic with a number of positive signals of the continuing recovery in the London property market. The Land Registry has reported that in the year to 31 October 2013 the average property value in London has increased by 8.7% along with property sale volumes being up year on year. With Safeland plc well placed to take advantage of this growth, the Board is confident of the growth in value of its property portfolio and future operating profits of the Group.

Raymond Lipman Chairman

battlebus2
06/12/2013
16:06
they're bidding 35.55p & I've sold 20% of mine.

market's so tight, once the news breaks ( whatever it might be ) it has to be good or you're knackered. could be all manner of things; de-merger of those doss-houses, P/P for that tennis-club, who knows ? what % movement's allowed before they're obliged to say something ? anyone know ?

the troll
05/12/2013
18:41
lol, i'll sell up tomorrow to keep you happy :))
battlebus2
05/12/2013
18:30
Yes, but still a dog!
topvest
05/12/2013
18:21
Market cap now a respectable 5 million.
battlebus2
Chat Pages: 38  37  36  35  34  33  32  31  30  29  28  27  Older

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