menfrommoyse
06 Oct 2017
Re: Furture One major risk is refinancing of loan. If banks want repayment now I think it is game over and 0p. I agree though, you could treat it as an option. Also, if markets tank for whatever reason I cant see this bucking the trend, no can I see the Italian economy bucking the trend if there is a WW recession despite current encouraging signs. Tempted to inevst, but I am resisting the little red guy on my shoulder.
farmerdave
05 Oct 2017
Furture Looking at the company does anyone have a view - I am not invested but wondering whether to buy as an option (quick sale value still in 80p or so even with 50's valn by directors)?Any feedback goodFD
mark20690
31 Aug 2016
Re: Outlook On investors' interest in buying Italian property at a discount, see today in the FT:[link] TCF's trades at at an implied discount of more than 50%.
mark20690
28 Aug 2016
Outlook I added this this holding recently at around 88p. With NAV now being 239p, mostly due to the rise of the Euro against the pound, I sense that Laxey Partners may now look for opportunities to realise this investment. They own a considerable portion of this company, and their various funds own about 70% of Spazio which is the main underlying investment of this company. I would think at this price, there may be interest from parties to gain access to Italian property essentially half-price.
