Serviced Office Group Share Discussion Threads

[mistertibbs] 20/7/2007 09:56

Could someone please adise who Michael Kingshott is? I know his name from somewhere but the old memory banks have, shall we say, become overdrawn.

[cockneyrebel] 02/6/2007 10:23

I got bored at the results and sold. Been putting a few of the lazy performers into cash with the mkt so high.

Still look interesting tho and I plan to re-visit, just felt I could find faster movers short term. Interims in Sep so I may be back in these in August.

CR

[hybrasil] 02/6/2007 08:48

I think you will see this start to move. It must be good for another 2p.

[cambium] 22/5/2007 09:06

good news indeed

[hybrasil] 22/5/2007 07:52

Yes the ubs deal should give these shares a little frisson

[safman] 22/5/2007 07:24

pretty good results.. joint venture with UBS..all sounds v promising..

good luck..

saffy...

[hybrasil] 08/5/2007 16:27

Results must be due soon

[hybrasil] 10/4/2007 09:32

This is due a run. The real question is - when?
Results should be out in the near future. Turnover should have rocketed with the new premises. Hopefully they should be about to buy something.

[jgscott] 02/1/2007 10:34

Your buys seemed to have moved the price a little, Hybrasil. I have been performing a little portfolio cleaning / reorganiation this morning esp with regards to some of my lethargic holdings. SVO have been one of the more lethargic holdings but I have a good feeling about this one... this could be they year :-)

Therefore, I am maintaining my position and may add later in the week. The next set of reults could be very interesting following the recent acquisitions.

[hybrasil] 02/1/2007 09:49

and a few more today

[hybrasil] 28/12/2006 08:36

bought a few this am.

[cockneyrebel] 27/12/2006 17:33

I reckon so - happy New Year to you too.

CR

[cockneyrebel] 27/12/2006 15:57

might be true Hybrasil but I have a wadge in my pension that's enough for now - prefer to see a bit more of the numbers before committing, it isn't that liquid.

interesting tho

CR

[smiler1] 27/12/2006 15:48

Tend to agree Hybrasil. These 2 recent deals look pretty good potentially and reflect a step change in size. It gives an indication that current trading must be okay to enable the financing of these deals. Update on future trading prospects at time of results should be interesting.

[cockneyrebel] 23/12/2006 13:11

Another interesting acquisition.

Next results should be interesting, might be able to make a better judgement then.

CR

[jgscott] 23/12/2006 09:10

Serviced Office Group PLC
22 December 2006

SERVICED OFFICE GROUP PLC



£2.5 million purchase of Chiswick business centre



Serviced Office Group is an AIM-Listed provider of flexible office space, which
currently operates a total of ten centres, providing a total of 1,706
workstations.



Serviced Office Group plc ('SOG' or 'the Group') has exchanged contracts for the
£2.5 million acquisition of Gable House, Turnham Green, Chiswick, an 11,664 sq.
ft office building held on a 999-year lease, which will become the Group's
twelfth serviced office location in London and the South East. The acquisition
will be financed through a mixture of cash resources and borrowings.



Gable House, which includes 11 car parking spaces, will undergo a complete
internal upgrading and refurbishment works costing £800,000 which, on
completion, will provide 142 workstations. The SOG business centre portfolio now
comprises five leased premises at Blackfriars, two in Uxbridge, Marlow and
Richmond, and seven freehold/long leasehold centres, at Chiswick, Harrow, Hayes,
Kingston, Crawley, Bournemouth and Teddington.





Michael Kingshott, SOG Chairman, comments:



'We are delighted to add Chiswick to the locations now available to our
business occupiers. It increases our capacity by 8 per cent, bringing the number
of workstations to 1,848 within our twelve centres.



'The Group continues to seek further opportunities to grow the business. A
number of proposals are currently under consideration, and further announcements
will be made at the appropriate time.'

[cockneyrebel] 16/11/2006 14:49

Well, a bit of up action - some of the YSP profits heading here perhaps?

CR

[cockneyrebel] 28/9/2006 08:10

I agree. Hard to tell how it will translate into H2 but they are building workstation numbers well and committed to more. One to sit and wait for I think.

CR

[matt9991] 28/9/2006 08:07

Nice results. Company progressing at a decent pace. Sounds like more acquisitions are close. And these results dont even include Richmond!

[cockneyrebel] 26/8/2006 15:53

I don't think Nov is the date, Finals were 5 months after year end - they just don't seem to rush stuff out.

CR