shareordie
29 Nov 2017
Jeremy Barkes Seems to think these are cheap at the moment with a big purchase.It’s hard to disagree,good entry point at this price.
shareordie
23 Nov 2017
Re: Interims Don’t know why these ever drifted lower,this is the best property company by far.These results are a product of the managements hard work and they have done very well to build this company up.They look a fantastic set of results and I notice that the book value of assets is about £21000000 less than market value as they hold stuff on the books in a conservative manner.All in all very happy to hold and buy at this point.In my mind these should be around 61-64 pence.
Gunnergadin
23 Nov 2017
Interims Release looks very positive.Hopefully the shares can make some ground after the recent drift.Sitting slightly below water at the moment!
shareordie
21 Sep 2017
AGM news Not much we didn't know,but £400,000 in the pot .I am very interested in the new office project,I think it could turn out to be very very good for all of us.
shareordie
26 Jul 2017
Re: analysis of new Property Fund mandata This latest deal looks really good,I like the profit share arrangement,in good years this could pay really well.Hopefully plenty more good deals to come.
thirty fifty twenty
17 Jul 2017
analysis of new Property Fund mandata FPO today announced a mandate to managed £180m of property into the UK. It is possible the size could increase to closer to £400m by the end of the year.Property FUM now up to 750m within 12 mths so I investors will start to think of this mgt team as managing £1bn of property - i..e a significant player. I think it reasonable to assume an extra recurring PBT of well above >10m. Current MV of 60m with a strong track record!! This deal explains why the CEO presented the FUM first, despite being much smaller, in that recent presentation – they have just doubled the size of their AUM – impressive and no ceiling in sight given their track record. Interestingly they have opted not to have fees re the FUM but to have a profit share so they must think that they can make more money than say fees of 1% p.a. on 400m of property mgt.(and they have skin in the game and a good track record).And of course FUM is in many ways a much more attractive, and low capital, business than high yielding property ownership. To me the really interesting bit (a deal changer) about this announcement is that it significantly ‘de-risks’ the company. de-risking I mean it takes it towards a much more evenly balanced business between the UK and overseas which ultimately gives stability. Before I feel it was rated by the market as high profits but lowly rated because of the risk re FX and high yielding over seas property. This now provides security and an even balance to GBP FX exposure. The hold held thrust of the company is to have a recurring dividend so now FPO firmly holds the prospect of long term sustainable divi growth from the current 3% yield.All IMHO, DYOR + BoLFPO is in my portfolio
piw
17 Jul 2017
Video: FPO new fund investing in UK office property Video: First Property Group PLC Fund established to invest in UK office property[link] Ben Habib and Director, Business Development Jeremy Barkes talk about the new £180 million UK office fund.The fund – 00:26The opportunity – 1
6The payment structure – 1:39The wider portfolio – 2:15The future – 3:19
shareordie
12 Jun 2017
Re: Article proactive [link]
shareordie
12 Jun 2017
Article proactive [link]
shareordie
11 Jun 2017
Re: Results Shares in general down because of the election result,but with the pound going down the market should remember that fpo makes more money.
shareordie
08 Jun 2017
Re: Results I would like this to get through 60p a share based on these results.
shareordie
08 Jun 2017
Results They look very good to me,nice to se a rise in dividend also.Very happy with these results.
shareordie
09 May 2017
Re: No 1 Again! I think this company share price could go a lot higher when results come in,good progress here.Nice well run company.
shareordie
09 May 2017
Re: No 1 Again! [link] couple of videos on there also
shareordie
09 May 2017
Re: No 1 Again! [link]
