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today?
9%,booooooooom.....
5% on two sells?......
31 BAO Baobab Res. 29.00 6.91% 1.88 32 GDL Greka (DI) 23.50 6.82% 1.50 1 33 HER Herencia 1.15 6.51% 0.07 34 EMR Empresaria 33.00 6.45% 2.00 35 HYNS Haynes Publshg. 175.00 6.06% 10.00 36 XTR Xtract 0.18 6.06% 0.01 37 GLR Galileo Resources 26.50 6.00% 1.50 1 38 SPX Spirax-Sarco 2,651.00 5.91% 148.00 1 39 TRV Treveria 0.05 5.88% 0.00 40 IAES Impax Asian Sub 4.50 5.88% 0.25 41 BES Blavod Wines 0.90 5.88% 0.05 1 42 PCGS Polar Cap GL Ss 32.00 5.79% 1.75 43 AAU Ariana 1.38 5.77% 0.08 1 44 ELM Elementis 260.60 5.51% 13.60 45 RENE Reneuron 2.90 5.45% 0.15 46 RCP Rit Capital 1,234.00 5.29% 62.00 1 47 NOVA Nova Res. 2.50 5.26% 0.13 48 CRST Crest Nicholson 283.00 5.20% 14.00 1 49 BET Betfair Grp 723.50 5.16% 35.50 1 50 RUR Rurelec 10.25 5.13% 0.50
Stop buying until the 15th thankyou . gla concerned @ Team Trev
Above 0.04 . Good signs for the long haul . gla concerned
The £640 sell was mine. More into Oxus , this morning . Holding just a few now of this little gem. gla concerned
Holding very nicely above 0.041 , nice profit . gla concerned
Just about keeping above the line. Nicely does it ,come on you buyers in black. gla concerned @ Team Trev
This one is a good long termer ,leave it a couple of months from now. Come on Team Oxus : )
Steep fall is ex dividend day . The divvy is 3.1p In fact it should be trading at - 50% , ie 0.41 . Very good so far , hope it holds above 0.04 . Nice profit ,thus far.
Why the steep fall ? Not in. Phew ! GL
1 STAR Starcom 22.50 -94.10% -359.00 1 2 TRV Treveria 0.05 -31.82% -0.02 Will it drop to 0.4 ? The saga continues. Nice 3.1p dividend ,coming to a place near me soon. gla concerned
Will i drop to 0.04. Your guess is as good as mine. Hopefully not . Still a pretty good deal at this price and I shall remain a holder . gla concerned
Buyers are back . Come on my dividend share . gla concerned @ Team Trev
Despite the market bobulating . gla concerned
Perhaps another day of zzzzzzzzzzzzzzzzzzzz. Will now be on the menu . gla concerned
Looking strong for more upward momentum ,tomorrow . gla concerned
Than a day at heathrow airport . Come on team trev ,let`s `ave some more. gla concerned
Looks like someone noticed the dividend payout too . gla concerned
Until payday ,zzzzzzzzzzzzzzzzzzz. gla concerned
Zzzzzzzzzzzzzzzzzzzzzzzz. gla concerned
Shares in German real estate investment company Treveria got a lift on Thursday when it announced a cash distribution of 3.25 euro cents per share. The distribution will be financed from the distributable reserve, which was created by the cancellation of the share premium account in 2007, which had arisen on the placing of shares on AIM at the company's launch.
My take on this is that if they wanted to seize the properties and have a fire sale, the covenant breaches would have allowed the banks to do this a few years ago. Hence there is no reason why this should suddenly happen in July 2011 when debt is due to mature ? If you were the bank, your loan is performing, and your interest rate is probably higher than you could re-lend it to someone else in the current environment, the value of your security is rising ( as evidenced by recent sales) wouldn't you roll over the debt into a new longer term facility ? I would expect that Treveria will have to sell a few more properties in order to bring LTV down to 75% but that should be about it. The equity in these properties is worth an extra €0.35 per share i.e. >250% upside to the current price. I agree that there is still risk but the current price is backed by assets and I think the upside is well worth it. I would expect any kind of good news about new bank facilities in the next few months to project this share upwards pretty swiftly.
Highlights · Profit before tax of €12.7 million (30 June 2011: €11.8 million) and adjusted profit after tax* of €7.3 million (30 June 2011: €1.1 million · Funds from operations €7.3 million (30 June 2011: €1.1 million) · Basic and adjusted earnings per share of 2.03c and 1.20c**, respectively (30 June 2011: 1.91c and 0.18c, respectively) · Adjusted net asset value per share 49.8c*** (31 December 2011: 48.9c) · The total cash balance held by Treveria plc and its subsidiaries was €56.5 million (31 December 2011: €65.9 million) · Gross rental income for the period of €47.8 million (30 June 2011: € 48.4 million) · Total value of property portfolio of €1.29 billion (FY 2011: €1.33 billion) · Administrative Expenses €3.9 million (30 June 2011: €5.5 million) gla concerned