Workspace Share Discussion Threads

[christh] 19/8/2017 07:58

time to Buy big time as this is going to £10 and beyond.

Likely to be re-rated as the assets increased along with profit.
This what the brokers say about WKP

Date.........Broker........Recommendation.......New target price......Notes
01 Aug 17..Liberum Capital....Buy...........1050.00...............Reiterates
28 Jul 17....Liberum Capital...Buy............1000.00...............Reiterates
27 Jul 17...Berenberg........... Buy............1050.00...............Initiates/Starts
14 Jul 17...Numis................Add.............1012.00...............Retains
14 Jul 17..Peel Hunt............Buy...............950.00...............Reiterates




At the current price this is a good profit from a very strong and growing company.

[quazie12] 19/8/2017 07:10

Big red flag for me folks. The old "directors sell for tax reasons" again.

[suetballs] 27/7/2017 18:03

Nice rise today. £10 is now firmly in sight.
Suet

[suetballs] 08/6/2017 14:36

And still very pleased.
Suet

[suetballs] 07/6/2017 08:02

Very pleased
Suet

[18bt] 07/6/2017 07:18

Good results and cracking increase in dividend again. The stategy feels right for modern economy and is a core holding of the niche property companies I own.

[a1314c] 31/5/2017 17:23

onwards and upwards ?

[suetballs] 08/4/2017 12:41

sp moving up nicely again.
Suet

[llwyd] 30/1/2017 09:37

That was a lot of director sales on 27th, reason given 'Tax Planning' Should we hear alarm bells or is this considered normal?

[18bt] 19/1/2017 17:55

Yes - it ran up in anticipation, so hopefully just some profit taking.

[huttonr] 19/1/2017 08:32

I'm a little puzzled - what looks to be a good report today with all the usual metrics rising normally but a 20p drop in share price.

[18bt] 30/12/2016 13:29

Tremendous run since November. Glad I bought the post Brexit dip.

[suetballs] 30/12/2016 12:06

sp strong again today.
£8 in the new year?
Suet

[3rd eye] 16/12/2016 10:48

WKP Workspace.

Had my eye on this for a while. Now looking to breakout and into what I call a gap or as near damm it. Momentum behind the share price



Workspace Group share price information

Name Workspace Group Epic WKP
Sector Real Estate Investment Trusts ISIN GB00B67G5X01

Activities Workspace Group plc is a leading provider of space to new and growing companies. It has a strong 25 year track record in providing tailored business premises to growing companies in London. It owns and manages c.100 properties in London providing 5.1 million square feet of space and is home to c. 4,000 businesses employing over 30,000 people.

Latest share price (p) 734.5 Market cap (£m) 1,198.68
Shares in issue (m) 163.20 P/E ratio 3.06
Divs per share (p) 15.05 Dividend cover 4.00
Earning per share (p) 240.30 52-week high / low (p) 989.50 / 569.00

Workspace Group broker view.

Date Broker Recommendation Price Old target price New target price Notes
23 Nov 16 JP Morgan Cazenove Overweight 734.50 950.00 900.00 Reiterates

[huttonr] 09/11/2016 10:20

Looks like a big sense of relief on today's figures share price up 30p now - with 26% discount to NAV and still a good level of enquiries and lettings allowing for Brexit vote

[citymohawk] 16/8/2016 18:45

hammered on no news? I can't find a single reason out there apart from minor, gratuate-brokers adjusting Divi forcasts by 6/10th of a penny? Old Mutual Increased, Norges Bank increased?? Divi priced in.... very confused.

[citymohawk] 05/8/2016 11:31

divi paid today :)

[alfred82] 20/7/2016 13:32

Looking pretty good now.

[alfred82] 11/7/2016 10:22

We will probably find out on Thursday.

[huttonr] 08/7/2016 18:02

I wonder what is happening with that £120M Hammersmith deal they were discussing in June?

[christh] 07/7/2016 17:29

Consensus recommendation

[christh] 07/7/2016 17:25

Workspace trebles NAV in four years
By Jonas Crosland,
08 June 2016

Workspace (WKP) continues to deliver some of the best returns seen anywhere in the real-estate sector, and in the year to March 2016, adjusted net asset value (NAV) jumped by 31 per cent to 923p, which means that since 2012 the valuation has more than trebled. And, unlike most of its contemporaries, where valuations have come in markedly lower than last year, Workspace enjoyed an uplift on its portfolio of £297m; that's only a tad lower than the £318m in the previous year.

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