Secure Property Developm... Share Discussion Threads

[luckymouse] 17/5/2017 13:53

you have so much love within you - it must be fun

[russman] 17/5/2017 12:02

& when was the last time it passed 34p.

[luckymouse] 15/5/2017 11:22

Oh no - its going up : D

free stock charts from uk.advfn.com

[russman] 15/5/2017 09:25

In lieu of fees, advisers have accepted payment at 34p per share.
Compared to the market price, this is very generous.
The non-execs have been waiting since 2015.
Is this 2015 correct.

[russman] 25/4/2017 12:29

Lambros forsees the wide discount narrowing.If ntav falls, he may be correct.

[luckymouse] 21/4/2017 03:16

Lambros G. Anagnostopoulos, Chief Executive Officer, said, "As with all our core income producing assets, which include logistics terminals in Athens and Bucharest, offices in Bucharest, as well as a retail Big Box property in Craiova, Romania, the Innovations Park is prime real estate with an excellent location in the capital city of a fast-growing and/or strategically important European Union economy.

"At €300,000 per annum, today's lease agreement with Aquila increases the Company's current net rental income by almost 10% and in our view it also demonstrates the quality of our asset base. As at 30 June 2016, the Company's Net Asset Value stood at more than €41 million, which is almost two and half times our current market capitalisation, even after the profitable sale of Terminal Brovary in January earlier this year. As we focus on transforming SPDI into the leading London listed property company focused on selected South East European countries, we expect to see the wide discount between our market capitalisation and our net asset value narrow."

[russman] 19/4/2017 09:07

Lets use a NTAV that is over 9 months old.

[luckymouse] 18/4/2017 13:57

so your strategy is simply to slag it off every time it goes up?

[russman] 18/4/2017 13:30

The same big blue box with the default.

[luckymouse] 10/4/2017 14:22

well price doesn't agree with me right now

[russman] 10/4/2017 11:04

I suppose we will have to wait until the end of June for another dish of diatribe.

[russman] 06/4/2017 10:25

I agree with you.

[russman] 05/4/2017 13:18

I think you made a typo.Defective.

[luckymouse] 03/4/2017 11:42

Hmm - so deflective - Can you bash it a bit more pls - Tks

[russman] 03/4/2017 11:26

The same Directors who could not rake up a few million euros to stave off a default on one of their amazing purchases.

[luckymouse] 02/4/2017 23:36

On the way down true - when they btm & turn - not true
Curious on your explanation of why a group of dirs would buy a default?
And wasnt there similar BB terminal moaning from losing investors on other total dog ITs like CDI, MPO etc before they bounced? CDI up 30% MPO up 70%?

[moneytree1] 02/4/2017 10:53

this had dropped from 4000 to 20p.what a con these types of stocks are.

[russman] 02/4/2017 09:38

Not exactly large purchases.
A default does not help their valuation.

[luckymouse] 31/3/2017 11:34

Dunno - but chart is basing & a large group of directors wouldn't have bought if they didn't think it was sorted somehow.
They would have better knowledge of future projections on valuations & planned liquidations.

[russman] 30/3/2017 10:07

Have they settled those RCPS notes yet.

[luckymouse] 27/3/2017 18:11

Alliance News 16 March, 2017 | 11:30AM | SPDI

LONDON (Alliance News) - Secure Property Development & Investment PLC said Thursday a group of non-executive directors bought shares in the company at an average price of 21.4 pence per share on Wednesday.

Non-Executive Chairman Paul Ensor bought 8,326 shares, taking his total holding to 182,071 shares, still a less than a 1% stake.

Non-Executives Ian Domaille, Franz Hoerhager, and Antonios Kaffas acquired 11,961 shares, 3,950 shares, and 9,111 shares respectively. Fellow Non-Executives Alvaro Portela and Harin Thaker each acquired 8,326 shares.

.........................................................................................................
Romania is 3rd in the current world property risers

[apfindley] 22/3/2017 17:01

Yes Beaufort are their corporate broker.So they are paid to release this note.Also, knowing Beaufort, there will likely be a fundraising coming. Watch and learn.

[sportbilly1976] 22/3/2017 15:29

Beaufort securities just released an email note - target price 34p, sayiong it should trade at NAV rather than the 0.63x currently.
Estimates gearing of just 53% at y'end FY2017 giuven the highly experienced management teams current re-shaping of the portfolio with FY17E likely to be representative of future trends