Workspace Share Discussion Threads

[suetballs] 27/12/2017 08:55

iwg / regus takeover approach. Good for wkp sp?
Suet

[suetballs] 22/12/2017 23:46

Well I for one am positive.
Suet

[irish_neris] 22/12/2017 11:02

This happened before Xmas 2 years ago heading for £1010and and crashed back down into the £6 range

[suetballs] 22/12/2017 05:46

Heading for the stars and £10.
Suet

[suetballs] 27/11/2017 09:45

Telegraph's Questor says buy.
Suet

[irish_neris] 20/11/2017 17:48

That was a serious knock down today towards the end of trading. Block listing application put in

[irish_neris] 17/11/2017 07:02

Optimistic of them.

[suetballs] 16/11/2017 10:40

JPM raises target price to £11 - overweight.
Suet

[irish_neris] 08/11/2017 18:57

Good results today yet again. Would love to see this break the £10 mark soon, its been close before but just gets pushed back every time

[18bt] 08/11/2017 07:53

Yes, a confident statement. Good NAV growth, huge divi hike and pretty low gearing. In a strong bit of the market.

[suetballs] 08/11/2017 07:36

Stonking results and 30% dividend hike too.
A happy holder.
Suet

[suetballs] 03/11/2017 17:59

And so it proved to be.
Suet

[suetballs] 24/10/2017 14:03

IMO this drop is way too much.
Suet

[huttonr] 23/10/2017 17:31

I think that IWG lease their space which would indicate a high gearing so that a small fall in revenue would give a major fall in profit. I am not sure that I am correct, but it would contrast with WKP who own their buildings and, currently, have a low % of borrowings. However, the WKP share price drop is small compared with IWG.

[suetballs] 23/10/2017 16:46

IWG profit warning and downgrade still weighing heavily here.
Suet

[kiltrock] 20/10/2017 15:13

WKP dropped yesterday because of rival IWG of profit warning, left wondering why this dropped yesterday and noticed in today’s press. I am a long term holder and still like this company as it stands

[kopkidie] 06/10/2017 17:46

Good to see it finish above 900 today, nice to see it tested and stayed on the right side, onwards and upwards!!

[suetballs] 29/9/2017 15:23

Have I missed something today - nice rise in the share price
Suet

[christh] 30/8/2017 07:50

Workspace Group PLC ('Workspace') is pleased to announce the exchange of contracts for the disposal of Zennor Road Industrial Estate in Balham, SW12, for GBP30m.

This 3 acre industrial estate totals 67,000 sq. ft. of net lettable space with an average rent per sq. ft. of GBP13.90. The property was sold at a premium of 84% (GBP13.7m) to the 31 March 2017 valuation of GBP16.3m, at a net initial yield of 2.9%.

Jamie Hopkins, Chief Executive Officer of Workspace, commented:

"Zennor Road is the last of our industrial estates earmarked for sale and our portfolio is now entirely focused on business centres and properties which represent refurbishment or redevelopment opportunities. This disposal has been completed at a significant premium to book value and the proceeds will be reinvested into our extensive project pipeline and targeted acquisition opportunities that will deliver value to shareholders."


BOUGHT FOR £13.7m and SOLD at £30m
-------------------------------------

[christh] 23/8/2017 08:29

Expect an RNS for a new aquisition.
The recent raising of £200m is scheduled for big investments planned.

This is going to £10.

Chance to buy now

[quazie12] 23/8/2017 06:50

Pieroni chap alone over £600k worth, some tax bill.

[christh] 22/8/2017 10:19

The website for information



The placement was succesful as per RNS

21 August 2017
Workspace GROUP PLC completion of £200M PRIVATE PLACEMENT

Workspace Group PLC ('Workspace') announces that it has now completed the raising of £200m through the issue of £80m eight-year notes and £120m ten-year notes, previously announced on 28 July 2017.




Very succesful in raising the funds for investment, so look out for another RNS
for another major aquisition.
It is undervalued at the moment, I expect this move to £9.30, £9.70 and then £10.

Great opportunity to Buy.

[christh] 21/8/2017 22:32

very good.
You need a bit of patience, this will not happen over night.
This is a projected valuation based on company fundamentals, revenue,profit,future
direction.

Also other factors such as demand in the market.

So the overall consensus is £10

I have bought at 885p today, and expect to run to £10 by the end of the year.

remember that.

[quazie12] 21/8/2017 22:01

Lol christhSo whats your experience of broker forecasts so far mate ?