Secure Property Developm... Share Discussion Threads

[bckttsim] 28/5/2015 05:44

Russman, total shares after open offer were 57 million not the 63 million you have.The latest acquisition is going to be paid for with shares at a 100% premium of the price at the time, 43p.This is indeed a turnaround situation.These figures for a company on AIM ......well you don't see very often.They are even talking about dividends.Re-Rate required !

[russman] 27/5/2015 22:38

In Euros back of an envelope:-
At 31/12/14 E32m NTAV 39m shares including dilution.
Open Offer: @25p =E8m 24m shares
Acq : E17m = 18m shares, 18m warrants, 9m conv.pref (estimated value 60c)
Acq : E6m? = 9m conv.pref
Euro has depreciated against Sterling.

[phil1969] 27/5/2015 21:19

Updated NAV following May 2015 acquisitions and taking into account new shares and 43p warrants.The portfolio now consists of seven income producing properties covering four countries with a total net asset value of c. EUR62 million

[drradcliffe] 27/5/2015 20:43

Obviously NAV was 75p a share at 31/12/15. Section 11.14 in the Management Report details events after the reporting period. Very detailed report from the company. Looks like a turnaround situation to me.

[russman] 27/5/2015 18:03

Be careful. What is the current NTAV per share after the fund-raising & paper acquisitions?

[bckttsim] 27/5/2015 15:51

SPDIThis surely has to re-rate from here. Not much interest , however what interest we do get sends the price flying. If you had any sense you would realise this and hold onto your shares, the price would then gain momentum and could have quite easily doubled today. Up 40% plus at one point. Well shrewd people may have noticed this because with next to no shares available with a little interest the same will happen for sure . I believe this is heading towards the £1 plus mark over the next few sessions . It's what it's worth at the end of the day.

[bckttsim] 27/5/2015 14:49

Wake Up Call.All investors who are fed up with AIM companies that have no fundamentals and no prospects, and the share price is falling into oblivion, just take a look at this.

[bckttsim] 27/5/2015 12:48

Little Gem off everyone's radar

[bckttsim] 27/5/2015 10:36

Splendid !

[phil1969] 27/5/2015 10:35

Will easily be back to 2014 levels. It was the fundraising which hammered this in Q1The money is still in the bank. Generating good income from high yields. CEO sees a dividend program starting. Huge turnaround compared to fundraising. Back to 60p+ within weeks of the Mms can just get the stock.

[sigora] 27/5/2015 10:01

i think markets like these lol

[phil1969] 27/5/2015 09:52

Nice results and promising to start paying dividends in 2016What's not to like about this one.

[bckttsim] 26/5/2015 15:32

Let's see what happens tomorrow

[sigora] 26/5/2015 14:56

well may as well sit tight and see what tomorrow brings

[sigora] 26/5/2015 14:42

20k sell and they drop it like a stone

[bckttsim] 26/5/2015 12:55

Annual results tomorrow.And has to be news and updates as well.

[sigora] 26/5/2015 08:02

good find bckttsim looking forward to results in morning hopefully that will bring this on few more radars

[russman] 25/5/2015 16:41

Good Spot. Maybe Bluehouse know what they are doing.

[sigora] 22/5/2015 15:35

another 10% rise tuesdaywill do me fine then whoosh wed

[bckttsim] 22/5/2015 14:37

Not on the radar yet

[bckttsim] 22/5/2015 14:34

Another day of trading before results .......good

[colin12345678] 22/5/2015 14:32

TIDMSPDI

RNS Number : 1053O

Secure Property Dev & Inv PLC

22 May 2015

Secure Property Development & Invest PLC/ Index: AIM / Epic: SPDI / Sector: Real Estate

22 May 2015

Secure Property Development & Investment PLC ('SPDI' or 'the Company')

Full Year Financial Results Release Date

Secure Property Development & Investment PLC, the AIM quoted South Eastern European focused property and investment company, announces that further to the announcement made on 12 May 2015, the Company will release its full year financial results for the year ended 31 December 2014, on Wednesday 27 May 2015.

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