Member Info for zccax77

Why would the company do that, when the main shareholders can easily take this out. The recent placement was 3x oversubscribed at £5, don’t understand why they are now sitting on their hands

The problem is these articles in the front page of the FT cause other funds to do the same. INTU has a lot of refinancing to do in the next few years so is very vulnerable.

US-based Och-Ziff is among funds and banks taking aim at shopping centre owner Intu

https://www.ft.com/content/3aa227bc-b53f-11e9-bec9-fdcab53d6959

Does be positive, atleast was a Green Day. Shorters extended a lot of ammo today. Remember this thing is majority owned buy a bunch of billionaires who can easily take this out. Steve Cohen brought a damaged painting with a hole in it for $155m :-) the shorters play a dangerous game when market cap is 500m.

year on year, says it all really. The year on year increase in BS cash is due to increase in loans. Seems like a scam to me.

Well, they last brought at 500p, not sure why they would not at 300p. Toll can alone buy the current MCAP twice over.

Do the BoD live in a parallel universe? Who will lend them the money?

https://www.retailgazette.co.uk/blog/2019/08/intu-lakeside-seeks-168m-facelift-thurrock-council-essex/

I reckon a £25m fund will be enough to completely decimate the shorts. Chump change for hill and his mates

Most of the shares are held by hills mates, with pi’s holding an insignificant amount. If they start buying the shorts are screwed. Be like the vw debacle again.

I think the key point in the article was the people in London don’t understand metro or hills modus operandi. This is easily a target for us banks now, since this is how they operate.

Company secretary is not a normal secretary.

The yanks are truly burying the sp. again what is fair value, BV of equity?

Problem is how do you even value a business like that unless you are a litigation lawyer.

HAve a look at BUR, carnage

Well I better sell my amazon shares and buy m&s shares which have a eps. No one cares about earnings when the top line is growing by 20-30%.

Zero growth, massive legacy issues, not award winning like metro.

EPS is the wrong my way to value a bank

The Macap is the total of the equity raise and the free money they got from the BCI. Just shows how crazy low it is.

If valuations were the only things falling I would buy it, but the problem is income is falling as well. The gem in their portfolio Trafford centre has a 7% vacancy rate and they are spending 100m on an extenstion ?. They only recently lopped off 40% of the valuation of their Victoria centre, but are spending £90m refurbing a £50m site a few miles down the road in a less desirable area, ?.

This will close below 10, and this time next week will be 9 and end of the month will be 8. All IMO