Ripley94
23 Jun 2017
Re: TOPPED Sliced yesterday just noticed 367p limit lifted @ 367.11History does not show and looks like it never went that high ill have to ring ( B all out with them now ) as don't like mystery's .Might be on a role 
KEEPING CALM MIKE
22 Jun 2017
Re: Foreign Buyers could be lurking Wow sold to WANDA, a HONG KONG company , just knew the weak £ would attract overseas investors!!! Thought it would be better received by the city, maybe they are crunching the numbers and a re rating of St MODS is on the cards . K.C. M.
Jackmart
27 Apr 2017
Re: Foreign Buyers could be lurking SMP closed at 317.6p on 15th March, the day on which "a period of exclusivity" expired regarding the sale of the site at New Covent Garden The share price is now up to 359p and approaching a year high. Is the market telling us something ?.
KEEPING CALM MIKE
15 Mar 2017
Foreign Buyers could be lurking ST. MODWEN PROPERTIES PLC("St. Modwen" or the "Company"
RE PRESS SPECULATION / NCGM SALE PROCESS UPDATE As previously announced by St. Modwen Properties PLC (LSE: SMP), a process regarding the sale of a 10-acre site at New Covent Garden Market is currently being undertaken. St. Modwen can confirm that a period of exclusivity which was recently granted to a prospective purchaser has now expired. The prime riverside site in central London has received high levels of interest and the sale process with other prospective purchasers continues. Further announcements will be made as and when appropriate in due course. With the weakness of the £ , Foreign investors could make a move on this site, now the exclusive period is over . There could be some real unlocking of value for this 10 acre site . K.C.M.
IB Investor
13 Jul 2016
Re: Topped up Me too - some good supporting tips - covent garden must be a good opportunity bit suspect it will be a long term hold
Gunnergadin
12 Jul 2016
Topped up Contemplated adding to my pre-Brexit purchase and then went for it today, after seeing some recent Director purchase reports on the afternoon news outlets.As per Investors Chronicle, Nine Elms isn't reflective of the entire business. One third discount to NAV is comforting at current prices.
II Editor
11 Jul 2016
NEW ARTICLE: St Modwen a favourite for bargain hunters "LSE:SMP:St. Modwen Properties had to reduce the value of its portfolio last week, which led to downgrades to its target price, putting the shares at a 50% discount to net asset value (NAV). With London sentiment favouring markets Monday, ..."[link]
MoleMan99
27 Apr 2016
Re: TESTING Markets been giving them a spanking over Nine Elms I agree, but there is alot more to St Moddies. You have to drive past the sheds going up near Coventry Airport every day, and into the massive M&S in Longbridge Town Centre. Not been to the Swansea campus, but Swansea is a great place anyway.I have even noticed activity on some sites that have had boards up since the crash began in 07. When Nine Elms if offloaded, the steady value of the other assets may get noticed again.
schwee
24 Apr 2016
Re: TESTING They have got themselves in a bit of a bind with New Covent Garden as they admit quietly themselves. Either by selling it whole or in part (but potential buyers can see them coming) or by developing it themselves which combined with all their existing borrowings maturing over the next 5 years will be very risky. Best avoided for now IMHO.
weblogic
06 Apr 2016
Re: Bad markets I`m assuming the chancellors budget didnt particularly help.Markets cooling ahead of BREXIT vote, etc..And maybe the property market is going to take a breather after its gains over past couple of years...Markets on hold awaiting something positive...but it might be that markets are taking a correction after years of excesses... the greedy bankers/city mavericks are even subdued..but still collecting those bonuses.Global issues, like China, Middle East, Eurozone, etc all keeping things flat just now.And of course the tales of money laundering and the big global spivzzs moving around London and snapping up `assets` has come to the fore...Meanwhile the peasants get that `living wage` boost...?? while failing big wigs take home uge bonus deals..What fun... maybe a hike in interest rates might sober up some people running on `free money``..Expect the FED to move a tad over summer..no doubt the Chinese will shout about `growth slowing`, and set the Media frenzy off again...?? some order does need to be restored
stratty
11 Mar 2016
Re: Director buys Just done so. I think the drop in share price has been over done.
Footsie Explorer
11 Mar 2016
Director buys Always a good sign when the directors put their money where their mouth is!I'm tempted to top up here.
AXA-WATCHER
04 Mar 2016
Re: TESTING £3 I bought St Modwen many moons ago at 50p, watched them go to £6.50 odd then back down to under a £1, then back up to £5.00 odd in more recent times. Fundamentally I've always regarded them as a very good stock and over the years from dividends and special dividends my original investment is covered.My question is what was the NAV back in 2012 when the shares dropped to the £1 mark?, with the weak market and uncertainty which will come from BREXIT despite what they ' should be worth ' could we see them drop with market sentiment could this be heading to £2 or lower. Could it be a time to cash in or part cash it? I appreciate everyones circumstances and entry point is different. Oh to have a crystal Ball.
KEEPING CALM MIKE
04 Mar 2016
TESTING £3 I think these are oversold and now at the £3 threshold. Topped up again , with well over £4 Nav I feel that its well worth a very strong punt. K.C.M.
Still learningafterallthistime
24 Feb 2016
Re: Bad markets They've always been arrogant!! Corporate culture for some reason. Vauxhall is tricky, but they can always stop there, although may not be brave enough to make that call until it is too late. Their stock around the country is good and their housebuilding is a nice sideline to have. I'm tempted, but haven't bought yet. I hadn't looked at their PE, but I find that unhelpful these days with property stocks as portfolio gains now go through the P&L..... SL
