Savills Share Discussion Threads

[phillis] 03/11/2006 10:48

Its a free world.
If somebody i.e. private equity - buys the holding as a launch pad for a higher price bid who am I to say no.
There is nothing "good" or "bad" in this game

[kpwuk] 02/11/2006 00:33

So, someone is going to sell 20% holding in the co, and you see that as a good thing? :-(

[phillis] 01/11/2006 10:50

What has this post to do with anything

CBRE are going to sell 20% of Savills to the highest bidder(s)
So if anybody wishes to take a major stake as a prelude to further corporate activity, all they have to do is pay the highest price

[sogoesit] 01/11/2006 09:36

"in play"? why, Phillis?
Trammell Crow's stake is being sold and it had quite a high option price on its options so i'm not sure its bullish; the share price says otherwise, 'tho.
if someone does buy the shares for the options, which i think were at 720p, then they would see a lot more value so, in that sense, it would be very bullish for the share price

Correction: the options were exercised, so that's it.....

From RNS of 25 APril 2005

"In addition to this, TCC have today lodged a notice of exercise regarding the option granted by Savills to TCC under a Deed of Option dated 9 May 2000 (the "Deed"). TCC will, therefore, be subscribing for an aggregate of 5,243,229 Ordinary Shares at an exercise price of 701.28 pence per share (representing 120% of the average closing mid-market price of the Ordinary Shares as taken over the preceding five days prior to exercise). The aggregate purchase consideration is £36.77m. This will mean that their total holding after the exercise will be 12,939,199 Ordinary Shares (representing 19.60% of the revised issued share capital). Under the Deed TCC were permitted to acquire in total up to 20% in the Company. No option to TCC now remains outstanding. Application for the listing of the new shares will be made within the next five days."

[phillis] 31/10/2006 14:53

Must now be considered in play with a 20% holding to be sold

[simon gordon] 31/10/2006 13:17

'CB Richard Ellis plans to sell the Savills shares to help fund the acquisition, which would raise about 150 million pounds ($285 million) at today's share price.'

[blondviking] 13/10/2006 23:25

Good steady rise, still optimistic that we will get to £7.50 by xmas.

[torabora] 06/10/2006 13:24

Property, resi and commercial, is flying.

[kpwuk] 06/10/2006 13:20

I was wondering, is there a good reason for the recent rise?

[torabora] 06/10/2006 09:34

Now have a look at a London [prime] housebuilder on a pe of 3.7!!! NTA.

[darias] 06/10/2006 09:28

nobody anything to say!

Not even its been a good couple of days.

[darias] 05/9/2006 08:06

Still oversold according to interim results.

[shaken] 21/8/2006 16:54

what a great title this thread has............

SAVILLS looking oversold

and never more true than it is today........

and for Savills, the UK housing market is small beer...

[blondviking] 19/8/2006 18:53

Next interim announcement 5th Sept. Expect good news, luxury house market and land sales have been doing well.

[trader horne] 11/8/2006 01:11

Agreed - Savills' clients are disgustingly rich. BritishBulls candlestick analysis posted a buy yesterday, and hold today. Nice when all the charts and indicators agree. Skoal!

[blondviking] 10/8/2006 23:24

TH - wise move, me too. Housing market at the top end has been doing much better than expected. Pofits should be well up on this one.

[trader horne] 10/8/2006 10:51

we now may be turning back up, so I've topped up @516

[trader horne] 07/8/2006 09:24

hmmm - we're still sinking.

[blondviking] 30/7/2006 22:40

This is a really good buying opportunity & I shall be topping up again.

[kpwuk] 11/7/2006 11:38

Cheers, I'll continue to hold.

[blondviking] 10/7/2006 23:41

kpwuk - I suspect higher selling could be down to staff on 3 year share scheme have received share certs in last few days and it is first opportunity to cash in a few. Can't blame them, shares held have gone up nearly 10x in the 3 years of scheme. I am very confident that these will be back up again soon. Buying opportunity for those with spare cash.

[kpwuk] 10/7/2006 10:49

An upbeat note on the property sector from Merrill Lynch (NYSE: MER - news) pushed the property sector higher with British Land (LSE: BLND.L - news - msgs) , Liberty International and Land Securities (LSE: LAND.L - news - msgs) all riding high through the morning.

So how come we're not bloody upbeat?

[trader horne] 09/7/2006 22:22

grigor, I don't feel happy with the P/E being as high as it is, used to be much lower at 11 or 12.

[doubleorquits] 26/6/2006 12:31

Press rumours last week suggested that it was SVS who were casting an eye over Colliers.