Member Info for reboundreturns

3 trades at 27.75 p totalling over 9.5 million shares in space of 2 minutes around 10.30 a.m

Dividend maintained at one pence and like for like sales up 7% ,online revenue up and hotel revenue up and healthy cash balance of £ 20.2 million ...slight fall in profits from £ 8.5 m to £ 8.4 m this time so,with second half usually better ,looks like yield of 7% should continue on a yearly basis.

Today MKS low of nearly 20% off high...NXT 8%..,DEB 20%...MOSB 18% and low for ALY 27% at one point then recovered and by my calculations would be 28 p to be in line with the rest

Shake out this morning,and looks totally oversold against any other retail share "smoke and mirrors" as usual with 27.75 p trade reported as sell when clearly a buy

Rough calculation today compared with end of June shows that monthly instalments on Acquisition in Singapore now costing 2.5% less in Pounds Sterling so it seems odd that sp is flat to negative at a fraction below 28 p.

Currently 28 p to sell versus 28.15 p to purchase on normal market size trade

announcing resignation of Joint Secretary with immediate effect Will 27.5 p ( £200 million market cap.) be the floor Trading statement overdue but never very informative anyway Divorce jurisdiction Appeal was scheduled for October in London

My view personal view is that Rexam ,who have invested very heavily in new plants ,are going "cheap" to BALL but I can see the reasons for doing so ( mostly being the crazy price of aluminium last year). My current thinking is that I will hold out until closer to the deal being finalised as sp looks to have double- bottomed yesterday at 536 p but Shorts were operating from about 560 p so expect sp to be rangebound for a while yet. It may be that I end up with cash and BALL shares which do not think is a problem medium term. I ought to add ,as a footnote,that I had the privilege of watching Bowater fatten up Builders Merchants ( that they had acquired in the 1980s)and then sell " lock,stock and barrel" when the market peaked but ,if anything,this appears to be the opposite.

REX still at about a 10% discount by my calculations this morning ( allowing for interim div of around 6p) 610 p

Market leaders NEXT and MKS both up since end 2014 by about 10% as is minnow MOSB so ALY ( negative since end 2014) are trading at about 10% or more discount at current price around 29.375 p which presumably reflects the cost of the recent acquisition/ increased risk but seems overdone in my humble opinion.Sp was around 30 p at Xmas.

Small buy at 29.87 p is clearly not a sell this Tuesday morning! Is it possible that there is a Trading Statement / Interim Management Statement due soon!?

Ordinary trade at 28.2 p which fits well with February line extended...this could be the usual 3 day sell on the news as at sub 29 p this morning it looked oversold especially if compared against rest of the retail sector( excluding supermarkets!)

Target reiterated ....personally think 34.35 p (£250 million mkt cap) as round numbers and also likelihood increased of dividend cut at interims perhaps but long term all my research looks positive and think a long term target of 41 p is not unreasonable if SEAsia side of business grows ; looks currently like a HOLD with buys recommended sub 30 p as sales usually fall at this time of year.

unless there is some "game changing" news then can see the sp heading further south.

Singapore can be seen on google street map and it was available to rent last June( 2014) at Singapore$ 294,762 per month....which looks pretty similar to the payments that ALY will be making after putting down the initial deposits.Long term this looks a pretty sound property investment..8 levels with roof terrace in a pleasant location.See commercialguru.com.sg for evidence of last years rent.

article on bloomberg.com " Singapore Office Rent to gain most in 4 years: Southeast Asia" 5/1/2015 published and appointment of President SEAsia ALY RNS January 19 th . Sell off today looks overdone especially if growth comes from expansion in India,China and other countries as a result but market short term these days?

Agree with that last post and it is to be hoped that property purchase in Singapore will prove to be a good investment but market,so far,appears to be cautious if not negative thus the volume yesterday ( leaky?) and I personally would not recommend buying until the dust has settled; also I believe an Interim Management Statement may be due next month.

This looks like a good move long term to generate growth in the business It will also decrease the sp and therefore the NAV per share and the market capitalisation and perhaps also the dividend which ( to a cynical mind) might have more to do with the Divorce outcome and settlement with an October Appeal by Chairman in October (?) in London but I could " not possibly comment"

Property

Some chunky trades at 32 p this a.m...suspect not all are sells?