Teesland Share Discussion Threads

[rivaldo] 06/12/2006 20:26

GS, it just has!

www.ftse.com/tech_notices/2006/Q4/FTSE_UK_Review.xls.

TLD are in to the FTSE small cap - hopefully this will herald some more action.

[gringostar] 05/12/2006 08:18

When's that "FTSE suffle" coming out of the oven?
Just love your typing CR :-))

[cockneyrebel] 29/11/2006 15:38

Cheers, another nice turn I bet :-)

Chart says the next leg up starts about here too.

CR

[eipgam] 29/11/2006 15:24

A property fund has sold three office buildings from a County Durham industrial estate it bought in the summer.

Teesland IoG's Industrial Trust sold the buildings at Peterlee Industrial Park - totalling 62,000sqft - to a London property company for its £4.2m asking price.

The multi-let buildings are the only office buildings on the estate - the North-East's sixth-largest - and were selectively marketed in September.

The fund bought the 350,000sqft estate in June from property company Carisbrooke as part of a £160m portfolio.

[pre] 29/11/2006 08:34

Buyers reappearing ahead of small caps index entry:-)

[pre] 27/11/2006 14:20

CR - good to see you here...are we expecting an RNS to be issued to LSE ? TIA

[cockneyrebel] 27/11/2006 12:23

DJ News, via ProQuote

CR

[cockneyrebel] 27/11/2006 11:50

DJ Teesland Launches EUR850M Nordic Property Fund >TLD.LN

LONDON (Dow Jones)--U.K. and European property fund manager Teesland PLC (TLD.LN) Monday launched a EUR850 million property fund to invest in the Nordic region.

The fund will comprise EUR300 million of equity, of which EUR258 million has already been raised, and EUR550 million of debt provided by HBOS PLC (HBOS.LN). Teesland said it expects to raise the remaining equity at the fund's second closing early next year.

Investors in the fund include Morley Fund Management, F&C Property Asset Management PLC (FCAM.LN) and Dutch property asset manager Achmea Vastgoed B.V. The fund expects to deliver an annual return to investors of 8%.

The company said the main attractions of the Nordic market were a strong and growing economy, the size and transparency of the market and a comparatively high yield.

The fund's initial portfolio totals EUR450 million and comprises 63 properties across Sweden, Denmark and Finland. It will acquire the properties from a joint venture between private property company the Scarborough Group and Bank of Scotland at a net initial yield of 7.5%.

Teesland will manage the portfolio from its offices in Malmo and Stockholm and its local partners in Oslo and Helsinki.

[cockneyrebel] 23/11/2006 12:13

Large trades today - looks like some large buys toolk out a couple of big lines of stock.

CR

[pre] 22/11/2006 09:35

2 x 40K BUYS ....someone is confident...decent buys too:-)

[cockneyrebel] 21/11/2006 15:04

Short term punters rushing zee Groulsch I see :-)

FTSE suffle Dec 6 or there abouts - more positive newsflow and the trackers buying the stock heavily then imo.

Just one of the positive pressures on the price over the next two months imo.

CR

[rivaldo] 21/11/2006 11:59

Yep, not bad at all :o)) And tax-free too.

[pre] 21/11/2006 08:25

looks very good...joining small cap index in december...

[cockneyrebel] 20/11/2006 15:30

Yep, the ISA-ability and the Small Cap Index entry are added up pressures to th stock price imo.

DoubleOrQuits has backtested the reaction to stocks going intoi the Small Cap Index over a long period and the action seems to be either side of entrey with good out-performance of the index.

CR

[rivaldo] 20/11/2006 15:20

Hmmm...maybe a top-up is required then CR! Thx. As you know my timescale can be medium/long-term, particularly if the stock is ISAble as TLD is.

The index promotion in December may drive this further and harder than we think over the next month if all goes well.

[cockneyrebel] 20/11/2006 14:46

Depends on your timescale Rivaldo.

I think they could easily be 150p by the interims, 200p this time next year.

Are they and can they become a REIT? If so there's big tax savings to be had I expect, rather like YSP that I've been doing rather well in :-) That's 1 bagged nearly in 5 weeks - been moving my money across from there to here now in small bits for the next hot spot :-)

CR

[rivaldo] 20/11/2006 14:32

CR, I haven't researched this as hard as I usually do yet - what sort of price target do you have?

I agree about all the director buying. They won't have been buying for the odd 10% here or there, so with recent buying just below the current price we could be in for outperformance.

[cockneyrebel] 20/11/2006 12:24

By the way, something else we don't understand happened here about three months ago imo, as the chart has changed from steep up and down moves to a more steady curve upwards.

CR

[cockneyrebel] 20/11/2006 12:21

That's a nice breakout confirmed following a reverse head and shoulders that the chatists are going to latch onto imo.


It's not just the recent director buys that add excitement here. Seddon is a different director to those that bought 500K and 300K June 05. A bid fell through here a year or so ago with the price @ 110p or so - I believe the directors wanted far more than that on offer. Since then TLD have announced big profit increases and the acquisition of the rest of IOG Nordic. I suspect if any bidder returns then the price to acquire has risen substantially.

Earnings forecast for this year is flat with last year. I can't see that. The IOG acquisition is likely to cause 'some short term slowing' the pbt grew at 150%+ this year, if that slowed to 50% TLD would be soaring still - and they say earnings growth will pick up the following year!

I think all the director buying has been very indicative here over the past 18 months myself.

CR

[gucci] 20/11/2006 08:22

L2 very strong
4 at 112p and last mm at 116p

[rivaldo] 17/11/2006 16:19

Been reallocating a load of PTI ISAble dosh, and some of it followed Robbie Frequenttrader (and you CR!) into here the last few days. Does look good, especially with the upcoming index promotion meaning lots of institutional buying to come.

[gucci] 17/11/2006 15:59

Off we go :-)

[cockneyrebel] 17/11/2006 15:56

Breakout on a reverse head and shoulders too.

CR

[nomad70] 17/11/2006 14:02

Went long @ 1.118 the other day with these - ready for break-out...