St.modwen Properties Share Discussion Threads

[peaeff] 29/9/2015 11:06

usually on 1st of Oct. This share can move very quickly at certain times but, as with most shares at present, it seems to be following market forces as opposed to the bullish nature of the half year figures.

[deadly] 29/9/2015 10:51

When exactly is the IMS?

[deadly] 29/9/2015 10:32

For IC's growth tip of the year, this will have to bounce a lot to justify it.

[peaeff] 28/9/2015 11:15

If the IMS is good this week, and there's no known reason why it shouldn't be, I'm sure you'll be glad you have. GLA

[solomon] 25/9/2015 16:41

High volume today. I've probably bought too many over the last week but I'm looking to keep them long term.

[bluerunner] 22/9/2015 11:07

Solomon - I am also tempted at these levels. Now 2 weeks to news.SMP share price has been struggling of late but so have many others in this market. However, this has to be a decent med-long term opportunity.This is IC's growth tip of the year.

[solomon] 15/9/2015 15:19

3 weeks to the Interim Management Statement, low volume, falling share price To me this says have some readies ready.

[peaeff] 01/9/2015 09:16

Very pleasing start to the week especially in light of the FTSE today. Almost tempted to take a quick profit but will ride the wave for now. GLA

[broadwood] 01/9/2015 08:11

JP Morgan Cazenove St Modwen Properties PLC 01/09/2015 Upgrades Neutral Overweight 2 510.00 530.00 446.60 20 2

[redartbmud] 25/8/2015 08:38

Peaeff Good call. red

[peaeff] 25/8/2015 08:30

I have reinvested half at 436p just in case they take a giant leap when I'm not at the computer. Fingers crossed for the next few days.

[bluerunner] 24/8/2015 14:53

Agreed.I held but I'll also be adding when markets settle. I'm in for the long haul as I see long term benefits here.I'm 50% in cash at present as have been waiting for a few bargains to spring up.No rush at the moment though.

[peaeff] 24/8/2015 14:25

I consider myself extremely fortunate to have sold when I did and it was purely because I had set a target of 490p and stuck to it. Will let the markets settle before rushing back in. This has become an even better opportunity at these prices and I'm sure there will be a nice bit of profit in it if it returns to previous levels or above. IMS due early October and there seems no reason why it should contain anything derogatory. regards

[bluerunner] 21/8/2015 14:55

There is no doubt that there is a market correction. It's been going on for weeks and is affecting many stocks.Yesterday, SMP dropped about 2% more than the market did. This happened on a day when the government's green belt plans were mooted. Other brownfield developers also dropped on the same day - INL and GLE.Draw your own conclusions.

[peaeff] 21/8/2015 14:44

cfro (CHUM) I suppose we all get a bit disappointed when our investments head south instead of north but it seams you are more disappointed that someone else has played it right on this occasion. I have certain ways of investing, as I have no doubt you have, you hope to get it right most of the time but...... Not back in yet but hope to be soon when markets steady. Regards 'MATEY BOY'

[jeffian] 21/8/2015 14:36

I just meant that you can't ignore macro-economic issues. It is less likely IMHO that the current modest correction in SMP's share price after a pretty good run is to do with 'green belt development' rather than worries about 'Grexit', low Eurozone growth, Chinese growth stalling, impending rises in interest rates at some point etc etc. Other than 'special situations', most of my portfolio has been red for the past few days, particularly those stocks which have had good gains. Can't buck the market.

[bluerunner] 21/8/2015 12:13

Partly right also means partly wrong though, doesn't it?He picked up on a specific point of mine. However, the chart he's posted hardly shows the index and SMP lines correlating in the way that oilers have correlated with the OP.The decline yesterday had much more to do with sector specific news as I previously stated.Broader declines like today's may be more in line with general sell-off. The general markets have also been in decline for a few weeks - not so SMP.Anyway, I'm holding here long term and potentially adding on drops.

[cfro] 21/8/2015 11:52

I dont think the general market turbulence has helped bluerunner, so jeffian is atleast partly right.

[bluerunner] 21/8/2015 10:58

Err ... Yesterday's 3.5% drop was on sector specific news. Did the market drop by 3.5% yesterday?

[jeffian] 21/8/2015 10:34

"I think the pullback was due to the embryonic government plans for green belt development." Errr....or it could be because of the recent market-wide correction!

[bluerunner] 21/8/2015 10:26

I think the pullback was due to the embryonic government plans for green belt development. Brownfield planners got hit. However, i think it's a short term blip only. Even allowing for green belt there is still a huge need.

[cfro] 21/8/2015 09:25

A little annoying that the share price has pulled back from the breakout. Atleast matey boy from earlier has got his target price of 470p. ;-)

[bluerunner] 20/8/2015 10:51

There should be a trading update here in about 6 weeks time - early October. It's likely to be positive and with, seasonality drags out of the way, may be the spark that ignites a sharper re-rating.

[interceptor2] 18/8/2015 22:36

Which it did cfro :o)

[cfro] 18/8/2015 13:47

Yes a fresh breakout providing it holds into the close.