KEEPING CALM MIKE
07 Aug 2015
Re: Rise No I dont think there will be a bid/takeover.It may just be that they want to park some of their Money in London Prop market and like the stock, and its portfolio.May be they went shopping down Carnaby street, 7 dials etc!!
Hardboy
06 Aug 2015
Rise Since the Lee's tender offer was announced, the share price has had a nice steady climb. and the price is now 8% above Lee's offer price. Presumably the market is expecting something further from the Lees - probably a hostile take-over; but I wonder how long the rise will continue without anything materialising.
Hardboy
20 Jul 2015
Re: Tender offer This seems like a very expensive procedure to achieve nothing.
Hardboy
14 Jul 2015
Re: Tender offer Reading between the lines of the BoD's response this approach is not welcomed & they don't want the Lees with a major stake.
Hardboy
14 Jul 2015
Re: Tender offer Why go in for the tender offer rather than just buying shares in the open market? It's a fairly liquid share. It would take time to get to the levels they want (if that is their ultimate level of ambition) but it should be easy enough, or tap up some of the major institutional holders to see if they can do a deal. Confused.
tejo
14 Jul 2015
Tender offer There must be a reason for this offer but I cannot see what it is. The offer is only 2.2% above the previous closing price which is no inducement to sell a quality share like Shaftesbury and it was inevitable that the sp would rise to at least that level or more meaning that IF anyone suddenly felt an urge to sell, they would be better selling in the market than waiting for the tender offer. The family will have incurred costs in all this and if their longer term interest is control the they would be looking at a price way above their current offer. Even if they just want a good home for their money, they will not achieve it by this route I would not have thought. Just reminds me that I need to add to my holding at some stage.
Hardboy
13 Jul 2015
Tender Offer Interesting development. I've not experienced this sort of deal before. The share price has responded, so you can get a better price on the open market than the price of the tender offer, so I can't see it being successful unless the price is raised. What do people know about the predators?
KEEPING CALM MIKE
21 May 2015
Great results Good reading !! Buy note out and target over £11 all looks good for SHB, K.C.M.
II Editor
21 May 2015
NEW ARTICLE: Boom time at Shaftesbury "It owns a huge swathe of London's busy West End - about 14 acres of Covent Garden, Carnaby Street, Chinatown, Soho, and Charlotte Street - so little wonder LSE:SHB:Shaftesbury's half-year results reveal strong demand for space is driving both ..."[link]
KEEPING CALM MIKE
22 Apr 2015
Re: Chinatown Central London is still cheap compared to some other Cities and there is a high demand , just look round you will not see many or any vacant shops !!
T-D
21 Apr 2015
Re: Chinatown You got to sell a lot of bloody noodles to pay 300k a year rent.. ridiculous.
Hardboy
01 Apr 2015
Re: Chinatown As things have been for a number of years, there will never be a shortage of people wanting to rent commercial property in central London. It is a centre for many thriving business sectors, one of the best (if not the best) cities for culture in the world, and a very popular tourist location. It is also a very safe city. Rents may be high, but the right business can still make a lot of money by being in the right place.
T-D
31 Mar 2015
Chinatown Shaftebury PLC forcing small businesses in Chinatown to close due to excessive rents. 300k a year for a Chinese restaurant! Businesses in Chinatown should collectively locate somewhere else, lock stock and barrel. Then lets see where this stock goes.
KEEPING CALM MIKE
24 Mar 2015
has momentum If Shaftesbury gets its right, shares in the West End landlord could be worth 1,106p, reckons Munden, 31% more than the current share price of 846p. "The focus is tight and yet rents vary considerably through the tangled alleys of Soho and the Central West End providing plenty of upside to income potential." Crossrail will help, too. Unquote
KEEPING CALM MIKE
06 Feb 2015
trading up date Good trading up date issued today, worth a read , nugged up 2.5p too.
