St.modwen Properties Share Discussion Threads

[peaeff] 14/8/2015 12:29

Set myself 490p for an exit but having second thoughts at present. Long term certainty but will it dip again before £5.

[bluerunner] 14/8/2015 10:45

Agreed. Look at Q4 in the past two years on the 3 year chart and this looks nicely poised for a positive re-rating.

[cfro] 14/8/2015 10:35

Acting well again today and getting closer to a breakout.

[cfro] 28/7/2015 17:16

Yes, acting well today.

[bluerunner] 28/7/2015 15:52

Interesting to see if SMP breaks out by the end of July. Not far off.

[bluerunner] 15/7/2015 13:34

Yes definitely a slow burner SMP.But once it catches I think it should go quite well.I'm expecting 20% upside by end of year but long term hold for me.

[cfro] 15/7/2015 12:52

Added a few more today.

Hopefully pressure is starting to build, judging by the chart pattern, for a break to the upside.

[bluerunner] 30/6/2015 16:44

Numis upgrade target from 470 to 570p.I expect Liberum will follow suit imminently.

[interceptor2] 30/6/2015 15:33

Pleased you also liked the results cfro, notice the VCP pattern on the chart since resistance, volume supports the setup also.

[cfro] 30/6/2015 12:26

Purchased a few of these too. Thanks IC2 for bringing them to my attention.

[interceptor2] 30/6/2015 08:23

Bought in here this morning on the excellent interim results.

It is handy that the company give the PBT figure of £75.0m without the exceptional gain from New Covent Garden, this means it is possible to work out the PAT figure and that EPS was 29p without the gain.

This bodes very well for the full year, SMP look very good value at 455p imo.

[bluerunner] 30/6/2015 07:39

The muted response to stunning results is as a result of the uncertain background in the markets.However, I expect SMP to be well up from here in a couple of months. There will be broker upgrades and further coverage in the press. This is the IC's growth stock of the year so expect their coverage to be bullish and frequent.

[peaeff] 30/6/2015 07:09

It's a fine set of results, with the Greek crisis hanging over the markets we may not see the full effect on the share price in the immediate future. Hopefully full steam ahead.

[manrobert] 30/6/2015 06:34

not too bad...up 306%.lets see how market reacts,

[bluerunner] 26/6/2015 09:28

SMP I meant

[bluerunner] 26/6/2015 09:28

True - but I've been adding to my SNO holding confident of gains later in the year.

[manrobert] 26/6/2015 07:03

optimism certainly disguised ahead of Tuesdays results which should please.

[redartbmud] 17/6/2015 18:58

The CEO said that Covent Garden is transformational for the business. There is no reason to suppose that he is wrong.

[manrobert] 17/6/2015 18:48

agreed lets hope so.covent garden site looks very exciting development,

[tradingcoder] 17/6/2015 15:49

6 month results on the 30th, let's hope that can get us going beyond 4.70.

[manrobert] 17/6/2015 15:35

over 800 trades with many tiny ones and steep fall on the day.

[peaeff] 02/6/2015 06:57

rns is short sharp and very sweet and will hopefully stimulate the share price today.

[solomon] 23/4/2015 15:06

I have taken the opportunity to buy some more for my ISA

[bluerunner] 23/4/2015 09:31

I think election uncertainty may suppress the share price for a couple of weeks. After that it should, hopefully, move upwards at a pace. IC's growth stock of the year for 2015.

[eggbaconandbubble] 23/4/2015 06:54

Leavesley family just sold off 2.5million shares = 1.15% total co. shares. At an average price of 440p.

So that is what has been holding the price down. Just a bit surprised that a fund didn't snap them up. Still, them wanting some money out is not at all significant.

Hopefully we can now see a 5 - 10% uplift, now that the shackles are off.