Palace Capital Live Discussion

Simbr 15 Jun 2016

acquisition took this from Arden Partner's note out earlier today on research tree:"The company has announced that it has exchanged contracts for the purchase of the freehold of Boulton House, Chorlton Street, Manchester for a consideration of £10.95m, subject to a downward adjustment of up to £0.4m for rent guarantees and other costs. Completion is set for 30 September 2016. The acquisition is being funded by a new debt facility from one of Palace Capital’s existing lenders."

coldascheese 26 Jan 2015

Re: Bought today Well its a good company and share price will only go up over time in my view.Directors doing all the right things and doing them very well. So a good solid choice in what will be a lively market this year.

zulu principle2 26 Jan 2015

Bought today What I look for when buying a shareGood track record, 4 years of continual growth which can be a combination of historic & forecast growth – No NoneLow Forecast PER (<16) & PEG (<0.7) and good EPS Growth (>15%) – No2015 EPS Forecast 21.50 EPS Growth -93.9% PER 15.6 PEG -0.17 2016 EPS Forecast 20.90 EPS Growth -2.8% PER 16.0 PEG -5.74Based on £3.47 on Jan-2015Positive 1 Year Relative Strength - Yes Positive 1 Month Relative Strength – YesWithin 5% of Peak – YesBased on 2013 Figures ROCE of 20% - Yes 30% Profit Margin of over 7.5% - Yes 684%Cashflow Per Share greater than EPS – No 0.04Low Gearing – No 33%Director Share holding >10% - Yes 9.45%Recent Director’s Dealing - NoneRecent Institutional Dealing – Yes26th Jan-15 Slater Investments bought 15,000Quick ratio of > 1.0 but preferably > – Yes 1.72Dividend (a nice to have) – YesLastest outlook statement must be positive – Yes27-Nov-14 Looking ahead, we believe the prospects for the company are excellent’.Investors Chronicle latest view - 16th Jan-15Palace Capital (PCA) has completed a refurbishment of two buildings in Milton Keynes and renewed the lease to Rockwell Automation for 12 years. We keep our buy rating.Conclusionoes not have even 2 years of continual growth which can be a combination of historic & forecast growth. The only reason I bought a few (0.6% of my portfolio) was solely based on the purchase by Slater Investments, which was only an increase of 15,000 sharesSee what made me buy this share at[link] follow me on Twitter@GrowthStocksUK

zulu principle2 26 Jan 2015

Slater Investments increase holding Slater Investments increase holdingI bought a few solely because they did

coldascheese 27 Nov 2014

Excellent results Another good set of results from this excellent company, the future here looks very positive and I expect a lot more to come when they get into revamping their latest acquisitions.