Segro Share Discussion Threads

[robsy2] 17/6/2009 18:19

Perhaps we should all be buying Brixham debt?

[fireplace22] 15/6/2009 06:31

Rights issue?

[fireplace22] 14/6/2009 14:36

Found this on iii thanks to Cautious optimist

Property Week yesterday reported that Segro was considering tapping shareholders for a further £300m to fund repayment of Brixton's debt falling due in the next 18 months. It is suggested this would be after agreeing takeover of Brixton - though presumably Brixton's lenders and bondholders might require a fully underwritten rights issue as a precondition for agreeing not to call in the loans and bonds following expected covenant breach on 30 June.

Any further information?

The suggestion comes from SocGen and is for £300m subscription at 20p each (which to me seems quite precise and may therefore suggest this is a real proposal). SocGen was one of the lead managers on the £500m capital raising in April.

[sportbilly1976] 05/6/2009 14:46

iwillbe,

not a takeover OF Sergo, but BY Sergo....chart looking primed to breakout soon too... :-)

[iwillbe] 05/6/2009 11:22

what's the likelihood of a takeover of SGRO?

[l.parker] 05/6/2009 11:18

HA
Thanks, so no sculdugery then.
Wish this share would get out of the rut its in.

[iwillbe] 05/6/2009 11:13

definitely not ebay. more action on that site. lol. but bidders they are or will be along with the others.

[hamsterape] 05/6/2009 11:08

"won the bid"? It's not Ebay, you know.

No actual bid has been made yet, as far as I know.

[iwillbe] 05/6/2009 10:46

have segro definitely won the bid? i hear others are in the frame.
This one is like watching paint dry.

[sportbilly1976] 05/6/2009 10:37

movement today over at BXTN.....is something to be announced soon??

quite over here in comparison though..

[hamsterape] 04/6/2009 18:25

The "O" trade was probably done earlier in the day and reported
later to give the Market-Maker a chance to close out some of his
position without showing his hand.

The other big trade is the auction uncrossing trade, therefore
an amount matched between several buyers and sellers.

[l.parker] 04/6/2009 17:47

2 Deals 6,000,000,why do these big buys always come in after close,what is
behind these buying sprees, do these buyers have inside info? I,m confused?

[abazat] 04/6/2009 10:12

hello,

I am new to this share and have done as mush research as I can, but still have some questions. First is anyone worried that if they buy Brixton they might have to do another RI and also what is the share price worth if we value their assets NAV.
Thanks

[frizsand] 03/6/2009 16:31

Piece on commercial property loans

[iwillbe] 03/6/2009 16:29

ronson333...thanks for that. :)

[ronson333] 03/6/2009 16:27

don't worry 'iwillbe', you should be in profit by tommorow with these

[iwillbe] 03/6/2009 16:22

moved into these this morning - already losing. felt sure they woujld breakout into the 30's any day soon but they just keep being knocked back.
i must have missed something.

[frizsand] 03/6/2009 16:13

This came out on the 29th May so a few days old, but good piece so posted.

[sportbilly1976] 01/6/2009 21:24

SCAP - Shore Capital

[hamsterape] 01/6/2009 10:03

350K offered vs 80k bid.

Market-maker "SCAP" (who they, please, anyone?) are
sitting on the offer with 30K to sell and a 100k behind
them and other similar large orders at higher price points.

I guess that's why it's called "resistance".

Edit: SCAP seems to be a genuine seller too - the order is
being left to work rather than being moved off the offer as soon
as it gets hit.

[sportbilly1976] 01/6/2009 09:51

sat right on the resistance line at the moment...breakout to come??

[l.parker] 29/5/2009 15:58

Decided not to wait for close down ,sold at 14.30 26.77.
Will buy again on Monday assuming the price keeps on dropping,could be
wrong, of course. Good Luck

[l.parker] 29/5/2009 13:50

Ten trades in & out, starting 19th May 23.531 today holding at 26.25 debating whether to
close,will wait till just before shutdown. Total amount of shares traded each time 25,000.

[hamsterape] 29/5/2009 12:11

Over what time period and price movement are you talking here?