NAV Uplift21 May 2015 10:55
Not much going on here so thought I would jump in with my first post as previously a long term lurker....
Followed this company since early 2013 and been in and out over that time. Really good company and strong management that have reinvented properties obtained from bigger boys like QED and NRR. Met Nick Sinclair and Richard Starr who gave insight to a good business model of how they incentivise estate agents to get their properties let.
I'm suspecting there will be some good results in about 3 weeks time as the regional commercial property market is really getting going (c1-2 years left to go).
I reckon we are positioned for news of another regional acquisition either just before or with the results. Looking at what the management have said before, that it will likely be somewhere within 2 hour-ish of London.
Will probably come with another placing though.
Built my position up again over the last few weeks as a bit of a results and news play.
Probably get slammed for ramping... But take it as you wish, just my thoughts going forward.