well the trading update is ok but it looks like we are waiting till mon for the out come of the hedge settlement,
still nav up and 7.5% more leased or renewed gla.
they were so called in the advanced stage of an agreement before the 25th deadline it would not surprise me
if they announce it earlier than the 16th .given the time in talks i would hope a new and longer finance package
for the whole of the debt until 2017/18 would be nice .its the fixed interest rate we need for 4/5 years the average at the moment is 5.64% now and extra 25mil will impact on the ltv that said we could manage 16mil at a push
and the possibility of a misold claim would be on the table my hope is a complete refinance for the next 5 years
with a higher ltv covenant and a discount with a no claim agreement ie you pay 17mil and forgo any right to make a claim .but what ever is agreed the sp will rise once a settlement is reached.
afternoon ladies and gents seems we have a touch of selling to end the long run of buying the hedge settlement
and re-finance i hope will put this stock back in the 20p plus range good luck to all invested.
ive never used a broker ive only ever executed trades online it must be a pain if you want to buy or sell quickly,
do you have to phone the broker and pay an extra fee or is it a set price.
have a nice holiday there are loads of internet cafes in spain i dare say you will look in from time to time ,
sat in the sun with an ice cool drink im not jelious honest enjoy.
the average sp over the last 5 years has been well over 20p with a good divi to boot 5p with little or no risk is still dirt cheap.
were is kline today he,s a long term holder here i havn,t seen a post yet
just got in finally the board has released something they have kicked the can down the road for three weeks ,
so much for in the advanced stages of a settlement i still think they are doing a long term deal on all the debt
and including the hedge settlement or they are claiming they were mis- sold so give us a discount.