Speymill Share Discussion Threads

[arp2] 07/2/2007 16:53

MM's definitely making a market today. However, buys massively outweighed sells again, after the 300k buy at the end of trading. Back up tomorrow?

[aughton 3] 07/2/2007 16:24

mms will be laughing there socks off at all these retail punters getting shook out

[lbo] 06/2/2007 17:00

Just an opinion on Commercial property versus Residential property outlook in Germany. Also even using their own house broker estimates for this year which more then likely won't meet, they are not as cheap as they were.

[arp2] 06/2/2007 16:38

LBO

not sure I agree. From a quick look, SYG is half the market cap with twice the investment exposure and far more arrows in its quiver in terms of what the rest of the SYG group can offer. Why is RTY, which is only months old, better than this? SYG imho would appear to have real growth potential still.

[lbo] 06/2/2007 15:26

Have taken more profits in this as I see better plays on Germany which look cheaper. I still hold some but have diverted more to Rutley European (RTY)

[spaceparallax] 05/2/2007 15:58

Interesting to see how resolutely the SP's held up under what I see reported as vast majority Sells - might we perhaps have a substantial Buy trade being filled, but as yet undeclared?

[spaceparallax] 02/2/2007 15:49

Looking very good today - funny how things can change so much from one day to another. Interesting to see whether we retreat over the closing half hour or burst through the 90p level.

[spaceparallax] 01/2/2007 09:56

Seems to be the nature of the share.

[cbeadle] 01/2/2007 08:28

Moving fast upwards again today

[spaceparallax] 31/1/2007 16:13

Good luck to you LBO.

[lbo] 30/1/2007 12:35

Have decided to take some profits and move them to a new IPO called Rutley European Property LSE: RTY which are IMHO making some shrewd purchases in Germany.

[liarspoker] 30/1/2007 10:22

I maintain that Michel is German - I know the difference between a Dutch accent and a German accent very well.

I don't know Berlin very well but I have a fair idea of property in Leipzig. An apartment block should cost about Stg 300K if you buy the right one in the right area. For your first purchase you'll probably need a 40% deposit ( deutsche bank do 60% forst time loans )however if you are lucky you can get upto an 80% loan depending on your exisrting property portfolio. I'd usuame the same applies for Berlin property.

[miss womble] 30/1/2007 10:22

It might be worthwhile for you guys who are interested in this kind of property investment to have alook at First Property who have a considerable interest in Polish rentals. DYOR Regards MW

[spaceparallax] 30/1/2007 10:16

I'm currently up 65% in a matter of months, but because of the great potential here, I have no intention of profit-taking.

[cbeadle] 29/1/2007 23:10

Michel's actually Dutch. Good advice to buy a block if you have the means (which I don't at present), although price inflation of blocks has been exceeding that of single apartments because of wholesale institutional purchases

[liarspoker] 29/1/2007 22:51

Michel is actually German. A very nice guy.

My advice - buy a whole apartment block, don't buy 1 or 2 apartments in a block.

[cbeadle] 29/1/2007 22:34

I am trying to buy my first 3 BTLs all in Berlin. I used a sourcing company called Solid Rock Consultancy. A Dutch chap called Michel showed me around he was very informed and helpful and really pleasant to deal with (not pushy etc)
Two of the flats in one block are disposals by a former East German company which is streamlining it's portfolio exiting from scattered individual flats to concentrate on flat maintainance (lucrative and profitable business). The other was a reconstruction by a developer of which there are many of older buildings especially in the former East. Some of the most promising and trendy areas are actually former East now including Friedrichschein and Prenzlauer Berg

[maxk] 29/1/2007 20:37

If Berlin is such a stonking great bet, why is someone selling into the market?


These fully let flats returning 6-8% should be a hold at least, money for nothing etc etc.


Why are they selling?

[rogerbridge] 29/1/2007 20:19

Due for another tick up.

[sheeneqa] 29/1/2007 18:55

Do not be a silly billy!!

[lbo] 29/1/2007 18:50

Could be time to bank some profits

[spaceparallax] 26/1/2007 12:10

Reasonable volume and majority credited to Sells; however, I suspect that we'll develop another support C.86p, from which we're likely to burst to the early 90s.

[davebowler] 26/1/2007 10:53

DTR jumped today- also into German property, but commercial not residential.