Member Info for GEML

Read the accounts a true Value trade. INHO

The current buy and sell price on PLUS is going up. 9.69p to buy and 9.329 to sell. I do not think this is too wide. Though the listed price is 7p to sell and 10p to buy. I think the Buyers have it at the moment as the price is slowly increasing. IMHO

I noticed this announcement on Reuters, which appears to apply to INVESCO Property Income Trust Ltd: http://www.reuters.com/article/pressRelease/idUS114145+21-Sep-2009+PRN20090921

Nice 11% tick up for CHWI, but all trades appear to be on PLUS Market only maybe the share is now only traded on Plus? Does anyone know the relationship between PLUS and LSE?

IPD Index details: http://www.ipd.com/Portals/1/images/indices/IPD%20UK%20Monthly%20Index%20press%20release%20-%2014%20September.pdf

IPD Index details: http://www.ipd.com/Portals/1/images/indices/IPD%20UK%20Monthly%20Index%20press%20release%20-%2014%20September.pdf

China Western Investments CHWI Up 51.5%, as more people see value in the Commercial Property Sector. Today’s rise may have something to do with articles like this one in the press: http://www.examiner.com/x-20010-NY-Economy-and-Politics-Examiner~y2009m9d20-China-and-Albania-have-the-worlds-best-growth-in-real-estate-tourism-and-investment--in-2009 Real estate sales are up 53% in China In China the strength of the property sector has been another big surprise. Property sales were up 53% in the first six months from a year earlier, according to a survey commissioned by the statistics bureau and published in the China Information News, while nationwide prices averaged across 70 cities climbed year on year in June…

There is lots of buying on both LSE and Plus Markets of IPI. I think we may see at tick up above 10 p to buy. We have had a few people buying about 10p over the last week. CHWI is ticking up a bit too, in the same sector

All the trades appear to be going through on Plus Market: http://www.advfn.com/p.php?pid=trades&btn=s_ok&symbol=PLUS%3ACHWI.GB&s_ok=OK&minimise=

The commercial Property Sector is Waking Up - See Sunday Times Article Below - This must boost INVESCO Property Income Trust. IMHO From The Sunday Times September 20, 2009 Where the wealthy are investing their money http://www.timesonline.co.uk/tol/money/investment/article6840799.ece ...1 COMMERCIAL PROPERTY The drop in prices has raised rental yields from about 4.6% two years ago, to 7.9%, and affluent investors are buying bargains. Bill O’Neill, portfolio strategist at Merrill Lynch Global Wealth Management, said: “Commercial property in Europe and the UK has been neglected by investors. Worries about companies’ financing persist, but it does mean this area is cheap, particularly in the UK.” Three-quarters of private banks surveyed by Hotbed, an investors’ network, said they believed the coming year would be a good time to invest in the sector, compared with only a third in 2008. Several firms have launched commercial property funds recently. BDO Stoy Hayward Investment Management has just started the UK Strategic Income Property fund with Coba Asset Management and Strutt & Parker, the property consultant. The fund’s target is a total return of 10%, with the managers taking a performance fee of 20% of anything earned over that. The minimum investment is £100,000. Seven Dials Fund Management has launched the Lightstone Prime High Street fund, which will buy shops in towns and cities such as Chester, Ki

Prospects for China Western Investments look excellent. IMHO Here is some recent news to support my view. DYOR: China Western Investments plc ANNUAL REPORT AND FINANCIAL STATEMENTS for the year ended 31 December 2008 http://www.chwi.co.uk/images/stories/pdfs/2008-chwi-accounts-final.pdf Which I understand where prepared on the 29th June 2009. Economy, China record sales in real estate, cars and trucks in the world September 18, 12:00 AM http://www.examiner.com/x-20010-NY-Economy-and-Politics-Examiner~y2009m9d18-Economy-China-record-sales-in-real-estate-cars-and-trucks-in-the-world Real estate sales are up 53% in China In China the strength of the property sector has been another big surprise. Property sales were up 53% in the first six months from a year earlier, according to a survey commissioned by the statistics bureau and published in the China Information News, while nationwide prices averaged across 70 cities climbed year on year in June. This masks the fact that in second and third cities prices have been strengthening much more. Property normally accounts for about 25% of fixed asset investment in China and is a key form of wealth holding for most Chinese. Optimism about housing prices will translate into greater consumer confidence. Chinese commercial real estate sales have increased in the first half of the year, recording more sales that the US and UK markets combined. Global commercial real estate sales are expected to continue growing in the se

IPI was able to pay back 10 million off their dept in the last quarter, due to withheld dividends. We have now had two consecutive months of good news on the Commercial Property front and there is lots of money and new funds trying to get into the Commercial Property market at these prices, causing a huge wave of increased demand in the sector especially from foreign investors. This will reflect in higher property valuations in the coming periods IMHO. Helping to bring IPI back in line with its bank covenants and improve the NAV. This article discusses some of the expected market outcomes: http://www.propertyweek.com/story.asp?sectioncode=36&storycode=3149019&c=1

I think INVESCO Property Income Trust IPI is being discriminated against by the Media. IPI has risen 42% in the month of August but not a mention in this article: http://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSLF72491320090915 LONDON, Sept 15 (Reuters) - Real estate equity funds dominated Lipper's ranking of top-performing funds in August, as expectations of an impending property market recovery prompted a rally in European property stocks. Of the top 20 UK-registered equity funds ranked by fund tracker Lipper, a unit of Thomson Reuters, 11 were real estate funds of which nine are invested in the UK or Europe…

The LSE figures do not give the true picture of trades in IPI there are nearly 1,500,000 share bought on Plus Market, see link for details: http://www.advfn.com/p.php?pid=trades&btn=s_ok&symbol=PLUS%3Aipi.GB&minimise=

Interesting article about the background of the current Commercial Property Market and expected recovery, worth reading to the end. IMHO http://www.citywire.co.uk/personal/-/news/money-property-and-tax/content.aspx?ID=357197&re=6835&ea=147504 The video on the site is recommending in buying into Trust like IPI. DYOR

I think IPI NAV could improve quite quickly, especially if the Commercial Property Market returns to Capital Growth. Values will be reassessed and because the market is moving in a positive direction this will influence the values given by the assures. It is also nice to remember that IPI’s occupancy rate is much better than the market average, leading to more income and a securer future. IMHO. Commercial property returns to capital growth 15 September, 2009 By Sophie Griffiths IPD index shows first rise for UK market since June 2007 The UK commercial property market showed capital growth last month for the first time in 26 months, Investment Property Databank (IPD) revealed today. Its monthly index showed a returned to positive capital growth for UK commercial property in August for the first time since June 2007, with a continued easing in negative rental value growth. However, the IPD warned that the data was not all favourable. July's fall in vacancy rates was followed by a rise in August to set a new record high for the indicator, which measures vacant rental value as a percentage of total databank income. Ian Cullen, co-founding director at IPD, said: “The much-anticipated return to capital growth in UK commercial property comes at a time when the finance sector is marking a very painful anniversary - the collapse of Lehman's which sent property and most other investment markets around the world into a tailspin.

There is over 20 trades on Plus with lots of Buying at 8.47p. I think we may see another tick up soon IMHO

INVESCO Property Income Trust is up 12% this morning. I think this has something to do with the change in sentiment in the Commercial Property Sector. IMHO Here is an example article from today FT: http://www.ftadviser.com/InvestmentAdviser/Investments/AssetClass/Property/Commercial/News/article/20090914/49d7d708-9d36-11de-b65c-0015171400aa/Managing-Partners-announces-commercial-property-gambit.jsp Managing Partners Limited (MPL) is to increase its exposure to commercial property to take advantage of strong yields in the sector and distressed prices in the market. Jeremy Leach, managing director at MPL, said he would be increasing exposure to commercial property in the British Property Opportunities fund. The fund focused on residential property in 2009, but is expected to take advantage of buying opportunities in the commercial sector later this year. Mr Leach said commercial property had fallen by 41 per cent since peaking in 2007, providing potential investors strong returns. He said: "This means there are a number of attractive opportunities for us in this market, and current yields, even allowing for a realistic allowance for tenant fallout, will provide a strong real return. "Investors can get yields of 8-9 per cent on commercial property that on their current value can also enjoy some strong capital growth – two very attractive features." ...

I think IPI had a really good day with a breakout above 6p with trading at 6.5p. 47 trades on Plus Market with 31 trades on LSE Market. Good Volumes and a lot of interest IMHO. We may even get a mention in the Sunday Papers as Commercial Property continues its recover. DYOR RNS Number : 9591Y Invesco Property Income Trust Ltd 11 September 2009 A second and final Price Monitoring Extension has been activated in this security. The closing auction call period is extended in this security for a further 5 minutes. Following the first price monitoring extension this security would still execute more than a pre-determined percentage above or below the price of the previous automated execution today. London Stock Exchange electronic order book users have a final opportunity to review the prices and sizes of orders entered in this security prior to the auction call execution which will set today's closing price. The applicable percentage is set by reference to a security's TradElect sector. This is set out in the Sector Breakdown tab of the TradElect Parameters document at www.londonstockexchange.com/en-gb/products/membershiptrading/tradingservices</f ipP> This information is provided by RNS The company news service from the London Stock Exchange

Banking and Property Shares rising, must be good news for INVESCO Property Income Trust and More Green shouts show up. IMHO http://www.forbes.com/feeds/ap/2009/09/11/business-energy-as-china-markets_6873918.html Associated Press China shares rise on upbeat economic data Associated Press, 09.11.09, 03:37 AM EDT SHANGHAI -- Chinese shares rebounded Friday following the release of better-than-expected economic data for August, led by banks and property shares. The benchmark Shanghai Composite Index ended the week up 4.5 percent. The benchmark index jumped 64.91 points, or 2.2 percent, to 2,989.79 on Friday. The Shenzhen Composite Index for China's second exchange climbed 1.6 percent to 1,016.51. Investors were encouraged by the government's report that industrial output, fixed assets investment and retail sales remained strong last month. A better-than-expected increase of bank lending in August also eased jitters over a possible contraction in liquidity, analysts said. "The renewed expectation of economic recovery is certainly a stimulus as investors were worried about a possible weakening of economic growth," said Zhai Peng, an analyst for Guotai Junan Securities in Shanghai.