Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
UK house price index rose in June On an annual basis, the house price index advanced 5.70% in the UK, in June. The house price index had advanced by a revised 5.60% in the prior month.
UK input producer price index dropped less than expected in July The non-seasonally adjusted input producer price index in the UK slid 0.90% on a MoM basis in July, less than market expectations for a drop of 1.90%. Input producer price index had fallen by a revised 1.80% in the previous month. UK retail price index ex-mort int. payments advanced more than expected in July On a YoY basis, the retail price index ex-mort int. payments in the UK registered a rise of 1.10% in July, higher than market expectations for an advance of 1.00%. In the previous month, the retail price index ex-mort int. payments had registered a similar rise.
Housing demand helps Bovis built first-half sales: Housebuilder Bovis has delivered record sales for the first half of the year as it benefited from the buoyant conditions in the housing market
Approvals of mortgages slip back in July: The number of mortgage approvals fell back in July against a backdrop of fears over a rise in the Bank of England’s interest rates, according to the latest Mortgage Monitor from e.surv, the U.K.’s largest chartered surveyor
August house prices are the strongest since before financial crisis because of shortage of homes put up for sale: August house prices have been the strongest since before the financial crisis because of a shortage of homes put up for sale, research shows. Online estate agent Rightmove shows the price of property coming to market was down by just 0.8% - or £2,258 - in August compared to a post-credit-crunch average fall in the month of August of 1.5%.
U.K. government to sell stake in King's Cross redevelopment: The U.K. government has fired the starting gun on the sale of the taxpayer’s stake in London’s King’s Cross development, as the sell-off of state assets gathers pace
Government target of 200,000 new homes a year will be difficult to achieve, says housebuilder: The Government has been "very supportive” of housebuilders, but it will be difficult for the industry to reach the target of 200,000 homes a year, the Chief Executive of one of Britain’s biggest housebuilders has said
Bovis Homes posted a 9% rise in first-half pre-tax profit as it reported a record number of legal completions and said it is on track to deliver its expected volume of new homes for 2015. Pre-tax profit for the six months ended 30 June came in at £53.8m from £49.4m in the first half of last year, on revenue of £350.7m, up 9% from £322.1m.
London bucks trend as high street suffers: Retail footfall dropped 1.1% in July compared with the same month last year, according to figures released today by the British Retail Consortium (BRC) and Springboard.
Bovis Homes and Persimmon's profits go through the roof as rivals are shut out: Two of Britain’s leading housebuilders will this week reveal surging profits, boosted by tight planning rules that have restricted competition from smaller builders trying to enter the market.
Soaring house prices push buyers to stretch out repayments: House-buyers are increasingly searching for mortgages with terms of 30 years or more, as high prices force desperate borrowers to look for a way to reduce their monthly payments
Reluctant house sellers keep summer prices high: The asking price of property coming to market was down by just 0.8%, or £2,258, this month, compared with an average August fall after the credit crunch of 1.5%, according to Rightmove, the property portal.
UK construction output advanced less than expected in June On an annual basis, construction output recorded a rise of 2.60% in the UK, in June, less than market expectations for a rise of 3.30%. In the previous month, construction output had climbed by a revised 2.10%. UK Rightmove house price index fell in August On a monthly basis, the Rightmove house price index registered a drop of 0.80% in August, in the UK. In the prior month, the Rightmove house price index had climbed 0.10%. UK Rightmove house price index registered a rise in August The Rightmove house price index recorded a rise of 6.40% on an annual basis in the UK, in August. In the prior month, the Rightmove house price index had climbed 5.10%.
Return to growth for builder’s boosts construction industry: Positive construction figures and talk of interest rates staying low for longer underpinned house builders Barratt Developments and Taylor Wimpey, up 11½p to 653p and 3½p to 205p
Bovis Homes and Persimmon’s profits go through the roof as rivals are shut out: Two of Britain’s leading house builders will this week reveal surging profits, boosted by tight planning rules that have restricted competition from smaller builders trying to enter the market
“Voracious” demand for London property boosts Derwent: London-focused real estate investment trust Derwent London [LON:DLN] has said that “voracious” demand for property from Italian, Chinese and U.S. buyers is driving up asset values. West End focus: The FTSE 250-listed company, which has the majority of its property in the West End, said that the valuation of its portfolio had increased by £362million, or 11%, in the first six months of the year. John Burns, the Chief executive and Founder, said that demand from overseas had helped to push its London property values up £840million to £4.58billion over the past 12 months. Rising values have helped Derwent shares gain 23% so far this year, and the current share price is now underpinned by a net asset value per share of £32.26. Cheap debt: Property investment is a yield play. Borrowing cheaply and delivering stable rental income will generate profits, while the value of the property portfolio increases – all of which Derwent is currently doing.The company let a record 323,000 sq. ft. of space in the first half, more than triple the 90,000 sq. ft. let in the same period last year. Rental income increased by 5% during the first half to £67million. But rising property values outpaced rents and the portfolio yield was compressed to 4.6%, from 5% at the same stage last year. The property group took advantage of record low interest rates to refinance its debt pile. Net debt fell by £137million to £876million at the end of June and the average maturity of its debt was increased slightly to 7.4 years. The loan-to-value ratio – which is a key measure of risk in property investment – fell to 18.6%, from 24% at June last year. Developing returns: Chief executive Mr Burns said that he remained confident of the London market and increased the rental growth targets to between 8% and 10%, from between 6% and 8%. The company has plenty of room to grow the portfolio as it embarks on a phase of significant new building. The largest project, the White Collar Factory, with 293,000 sq. ft. of new offices, is located at London’s “silicon roundabout” – where a cluster of technology start-ups is based – and is expected to be completed in the third quarter of 2016. The property is already 24% pre-let ahead of completion. Property cycles: Shares in Derwent London have enjoyed a strong year so far and easily beat the wider FTSE 250 which is up just 9% over the same period.The performance follows a stellar five-year period during which the shares have more than tripled in value from lows of about £8 in early 2009. Derwent London at £36.95+31p, Questor says “HOLD”.
Estate agents in battle of clicks and mortar: For millions who have bought or sold a home in recent decades, it is a sight for sore eyes — estate agents, repeatedly named among the most-hated professions in Britain, bitterly fighting over customers and clients. It seems to be getting worse, too, as new faces enter the fray and enmities switch with alarming speed. Welcome to the property game, a sort of ultimate fighting championship with “for sale” signs as weapons
Repossessions fall to historic low as home Owners keep on top of their mortgages: Repossessions fell to the lowest level ever as more families and landlords stayed on top of their mortgage payments in the second quarter of the year.
Voracious’ demand boosts Derwent London: Tech Belt landlord Derwent London has seen surging growth in both rents and the value of its property portfolio, thanks to “strong” demand from corporate occupiers and “voracious” demand from investors
Householders are safer than ever from bailiffs’ clutches: Householders are safer from the bailiffs than ever, according to latest data
House price rises accelerate as demand spikes amid shortage of homes for sale: House prices rose faster in July as demand from buyers picked up, but the number of homes for sale fell to a record low, according to the latest monthly report from surveyors.
UK house price balance climbed in July In the UK, house price balance climbed to 44.00 in July, higher than market expectations of an advance to a level of 42.00. In the prior month, house price balance had registered a level of 40.00
Further interim dividend of 90 pence per share payable in September 2015 to complete first milestone payment of 434 pence per share
UK average earnings including bonus advanced less than expected in the April-June 2015 period In the April-June 2015 period, the average earnings including bonus advanced 2.40% in the UK on an annual basis, lower than market expectations for a rise of 2.80%. In the March-May 2015 period, the average earnings including bonus had risen 3.20%.
hey looks like you could do with some company on this board...where is everyone? I see that tomorrow is ex-div date do you know the dividend value?