Wt Wner Usd Discussion Threads

[hooley] 15/4/2009 09:57

This is a shake - they are probably short of 250/- from last week. There was no activity the week before. Hope they do drop them way back, so I can buy more. Remember, they went up from 20p to 50p on net buying of just 250/- shares - a very narrow market.

[keya5000] 15/4/2009 09:28

thank you will buy back in when it reaches the bottom of its shake.

[forethought] 15/4/2009 09:22

With a 200p+ NAV I'm guessing it's a shake.

[keya5000] 15/4/2009 08:58

is this a tree shake or are these heading south .... opinions please.

[hooley] 14/4/2009 10:48

Correction to NAV mentioned in 115. Should read over 300p at 30/9/08. Lower now of course, but guess it is now still well north of 200p a share.

[hooley] 14/4/2009 07:42

I've had a close look at this one. As a REITS, the coy must pay out 90% of profits. Promises to pay at least 6p final - a 12% yield - though last year's payout was 11p. Sales programme of £120m now completed. Worst of property fall over? Debt down to £200m and property portfolio £300m? Shares reached 800p at peak and bottomed at 20p. Last week share price went to 50p on net purchases of 500,000 - just £200,000 in value. Estimated net asset value of over 100p. This one doesn't need a rights issue. Looks like a no-brainer to me so I bought some on a 6 month view.

[explorer88] 12/4/2009 14:11

APPPP - yes, the bottom fishing is going well at the moment...

BARC 60 to 175
SFR 120 to 180
MCR 4 to 7
IERE 9 to 20
CHNS 110 to 155

:-)

In the commercial property sector, BXTN and KEIF look ripe for re-rating.

[mike24] 10/4/2009 08:56

watching this for wks soon as broke 24 looked a medium term buy
my mate told waterhouse to sell at 50 I looked at the trades and asked what is driving this up, & sold out wed, what a pillock, even w'h said are you sure you want to sell

[wskill] 09/4/2009 13:05

I think that due to BXTNs requirement to raise additional funds an Investment in WNER is a little safer

[apppp] 09/4/2009 12:40

you seem to have a good strategy for bottom fishing explorer?

[wskill] 09/4/2009 12:23

Reading the interim statement there is no mention of passing the final divi ? and they have said profits will be improved as below taken from the statement,so a Final div of 11.25p in June will do nicely of course I will not refuse the 11.25p interim in Nov

However, as reported at the interim results presentation in November, cost
savings and other initiatives will improve profitability in the current
financial year and deliver an annualised improvement to recurring profit of
GBP3million p.a. These savings come primarily from the wholly owned property
investment business and its supporting functions

[explorer88] 09/4/2009 10:46

A nice rise from WNER :-)

BXTN next ? (net assets 290p/share - similar to WNER - , share price 24p, half that of WNER ...:-))

[hybrasil] 09/4/2009 08:13

keya5000
With the greatest of respect noone has any idea what the share price of any company will be in the future.

However this share price has doubled since its recent lows . Well done to anyone who got in at the lows.

[keya5000] 08/4/2009 09:12

Holding this one medium to long term - anyone any ideas on what the share price will be in 2010-2011????

[1nf3rn0] 03/4/2009 10:05

Another day another disposal...

WARNER ESTATE FINALISES SALE OF ST JOHNS WOOD AS TARGET DISPOSAL PROGRAMME
COMPLETES

Warner Estate Holdings PLC announces today that it has simultaneously exchanged
and completed contracts for the sale of its St Johns Wood High Street estate to
NW8 Holdings Limited for cash consideration of £39m. The sale of the property,
which had a book value of £48m as at 30 September 2008 and contributed £2.1m of
net annual rent in the year ended 31 March 2008, was effected through a sale of
the company that owned the property, JS Real Estate Limited. The proceeds of the
sale will be utilised to reduce the Group debt.

The Group has now achieved property disposals from its wholly owned portfolio
totalling £120m since 30 September 2008, which completes the previously
published programme of property sales to reduce the Group debt.

[1nf3rn0] 30/3/2009 17:28

Small rise today on this news



WARNER ESTATE ANNOUNCES GBP91M SALE OF PALLASADES SHOPPING CENTRE, BIRMINGHAM


Warner Estate Holdings PLC announces today that Agora Max Limited, a 50/50 Joint
Venture with Halifax Bank of Scotland, has exchanged contracts for the sale of
Pallasades Shopping Centre, Birmingham to Birmingham City Council for cash
consideration of GBP91m. Completion is due on 31 March 2009. The proceeds of the
sale will be utilised to reduce the debt within Agora Max Limited.

[keya5000] 12/2/2009 17:24

Interesting!

[keya5000] 30/1/2009 17:21

Glad I decided to hold....good performance today,..... anyone know why there was such a rise????

[1nf3rn0] 30/1/2009 16:51

Nice steady rise from midday today. I've decided to add this to my punt pile of JPR, MNR, CAL and RBS! SBE has graduated today from punt to investment.

[keya5000] 28/1/2009 17:08

I think I'm going to hold onto this one as a long term bet....I feel by the end of 09 it will come good!

[smelgy] 28/1/2009 16:27

.........I remember back in the 70's and 80's when Warner Estates were the major residential landlords in Walthamstow.

Would be better if they were still in residentials now, at least investors would be able to track their progress through house prices.

[keya5000] 19/1/2009 18:00

Other shares I am holding are up and down......but this seems to be holding it's price....thats surely a good sign in relation to the economic climate we are in!

[keya5000] 13/1/2009 16:46

Just got in on this one....any thoughts on it's short, medium.... dare I say long term future?????

[1nf3rn0] 08/1/2009 16:47

Dipped my toe in today. Looks like they are priced to go bust, but there should be a good return if they don't.

I've done similar with Minerva, Johnston Press and Sibir Energy recently. Sibir is flying now, Minerva has doubled recently and Johnston Press seems to be turning around.

[hybrasil] 06/1/2009 16:28

Thats the first big trade ive seen in a long while - 2% of the company changed hands today.