Speymill Share Discussion Threads

[short1] 30/3/2007 11:09

Anyone out there?

[short1] 29/3/2007 15:39

Space

There is some interesting information in the interims that may give guidance for the future.The first is that the valuations are aprox 5% more than the purchase price paid by SDIC which bodes well for performance fees when they become due (some time away).
Secondly there is a current load of properties going forward for valuation and finance.The interims are silent as to how much these are worth but they do say that there is a pipeline of properties worth more than Eur300m. This is the only indication of what level of funding may be required for the future in the companies plans to raise further funds.Lets hope they are substantial so that the current workforce have lots to do, otherwise there will be redundancies!

[spaceparallax] 29/3/2007 14:57

So we have results and no-ones noticed. I'm going away to digest prior to passing comment.

[mathisvale] 28/3/2007 15:12

Double top - NO
Cup & handle - YES

[arp2] 26/3/2007 13:59

cbeadle - cup and handle?

[cbeadle] 22/3/2007 16:40

I am still holding though, Space, like you I think they are on a long term winner. I also hold SDIC, the fund holding arm investing in German real estate, which many people and institutions think is the best value in Europe.

[spaceparallax] 22/3/2007 16:37

Cheadle,

You could be right - if so, SYG will need to deliver something good to break it. They certainly appear to be heading in the right direction, but only time will tell.

[cbeadle] 22/3/2007 15:45

Looks suspiciously like a double top too me, not so sure!

[spaceparallax] 22/3/2007 15:04

handsome chart.

[moogies] 22/3/2007 12:25

German recovery spurs AIM property interest
Published: 07:00 Wednesday 21 February 2007




M.

[short1] 22/3/2007 12:23

Nick-- what is epic for vinalands. Thanks in advance

[nickcduk] 22/3/2007 11:52

Its probably down to Vinalands announcement today that they have raised $407m in their second round of fundraising against a target of only $200m. It shows how keen investors still are for property fundraisings. I still think SYG can raise upto 500m in new funds, which would be worth 2.5 billion once fully geared up. That would overnight virtually double the companies profitability and therefore a major re-rating would be on the cards. I added following the potential fund raising announcement and will add aggressively once the full terms of the size of the fund raising is announced.

[lostboyyats] 22/3/2007 09:52

Breakout time!

[spaceparallax] 20/3/2007 13:27

Nice to get decent feedback on progress.

[nickcduk] 16/3/2007 08:33

Todays news could be very significant. Follow up fund raisings tend to be much larger issues than the initial fund raising. If so we could easily see upto 500m in new equity raised for SDIC. The massive benefits of scale and additional management and performance fees, will have an amazing effect on earnings and profitability going forward.

[password] 14/3/2007 11:41

Hi Space,
Afraid not, the old boy didn't know too much himself, just that he'd been hearing very positive things (he's drinking buddies with the man at the top)
He's been wrong before - but not very often.

[spaceparallax] 14/3/2007 11:16

Pass,

Thanks for that. Any idea of the geographical areas in question?

[password] 14/3/2007 10:04

I don't want to start rumours - but news on the grapevine is that there's a lot of interest for 2 new funds Speymill are setting up. Can't see this remaining below £1 for long. Lets just hope the wider market holds it together.

[lbo] 09/3/2007 18:08

He is a fool with no fundamental knowledge supporting his views. He posts idiotic "one liners" over on UCG aswell.


I suspect he uses multiple names aswell as Mr Tyson seems to always post similar one liners around the same time.



German property market 'set for significant rises'

[lawrence8] 07/3/2007 01:48

Partidge any reason why you mentioned "Massively overvalued". Open for your opinion.

[spaceparallax] 06/3/2007 14:46

WB,

I'm happy to come in on the deal with some demi-johns of seriously good parsnip wine for the hospitality events.

[wonder boy] 06/3/2007 09:09

Dear all,

I am looking to establish a company along the lines of SVG, PUMA and DDE. I have laid the foundations by purchasing 38 apartments in Berlin. The existing property portfolio has market value of EUR1.8m, 50% LTV and rental income of EUR130,000.

I am looking for 1-3 partners with the capital, expertise and time to take this project to the next level. If this project is of interest and you can bring added value then please email me at [e-mail]

Thanks.

[mr tyson] 05/3/2007 21:03

Agreed looks well over priced it wont take long for the market to correct its self.

[partridge2] 04/3/2007 21:50

Massively overvalued I expect a correction sooner rather than later!