TCSC.L Share Price (TCSC)

http://www.constructionenquirer.com/2016/04/15/bam-wins-41m-leeds-city-centre-office-revamp/

A bit of a dip in the SP yesterday makes you wonder if someone had some insider gen on todays results. On a quick skim nothing untoward or that great either. So more steady progress as expected then.

"Happy shoppers lift commercial property developers like Shaftesbury and Town Centre Securities" says the Daily Mail http://www.thisismoney.co.uk/money/markets/article-3433947/MARKET-REPORT-British-love-affair-bricks-mortar-shows-no-sign-abating-according-latest-house-price-figures-provides-tonic-property-firms-Shaftesbury.html

Some of the metrics look a bit worse, debt, EPS, Profit but the recycling seems to be going ok. The divi stays the same also which it has done for a few years now. I think I would prefer a growing divi although the NAV has increased. Overall steady trading although they talk about Total shareholder return. As for what to do with this, well Im continuing to hold but will look to add on dips but so far these have been few and far between. The divi yield is only 3.5% now too quite low for property but that happens when the SP rises. So a problem albit nice one to have, with what to do with January's divi?

I take it that is an old story. "Town Centre Securities at 232½p+8½. Questor says “Buy”." This is a 30% discount to the current share price. I might buy some more at that price today, instant profit! I wish you would add links to your news stories so we can see the full story and the date published