Public Service Properties Investmnt Price

52.50p*

PSPI is Trading:

above the 50 day moving average and above the 200 day moving average on below average volume.


* price as at 4:30pm GMT
for live prices visit ADVFN

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Public Service Properties Investmnt 3 Month Chart Chart from Trading View


Public Service Properties Investmnt RNS, News & Media Public Service Properties Investmnt RNS, News & Media from Proactive Investors Public Service Properties Investmnt RNS, News & Media from BRR Media


Headline
24 May 2016
RNS press release - Result of AGM from Proactive Investors
22 Apr 2016
RNS press release - Update on sale from Proactive Investors
19 Apr 2016
RNS press release - Notice of AGM and Posting of Report & Accounts from Proactive Investors
29 Mar 2016
RNS press release - Holding(s) in Company from Proactive Investors
24 Mar 2016
RNS press release - Final Results from Proactive Investors
10 Mar 2016
RNS press release - Sale of assets from Proactive Investors
2 Feb 2016
RNS press release - Sale of asset from Proactive Investors
13 Jan 2016
RNS press release - Holding(s) in Company from Proactive Investors
6 Jan 2016
RNS press release - Change of name of Nominated Adviser and Broker from Proactive Investors
5 Jan 2016
RNS press release - Strategic Review Update from Proactive Investors
9 Nov 2015
RNS press release - Update on Compulsory Redemption of Shares from Proactive Investors
26 Oct 2015
RNS press release - Compulsory Partial Redemption from Proactive Investors
11 Sep 2015
RNS press release - Interim Results for 6 months ended 30 June 2015 from Proactive Investors
9 Jul 2015
RNS press release - Strategic Review Update - sale of asset from Proactive Investors
20 May 2015
RNS press release - Result of AGM from Proactive Investors
30 Apr 2015
RNS press release - Update on Disposal - additional consideration from Proactive Investors
28 Apr 2015
RNS press release - Update on Compulsory Redemption of Shares from Proactive Investors
16 Apr 2015
RNS press release - Publication of Annual Report and Notice of AGM from Proactive Investors
14 Apr 2015
RNS press release - Compulsory partial redemption from Proactive Investors
23 Mar 2015
RNS press release - Final Results from Proactive Investors
4 Mar 2015
RNS press release - Completion of Disposal from Proactive Investors
3 Mar 2015
RNS press release - Result of Meeting and Notice of Results from Proactive Investors
13 Feb 2015
RNS press release - Proposed Disposal from Proactive Investors
2 Dec 2014
RNS press release - Holding(s) in Company from Proactive Investors
3 Nov 2014
RNS press release - Sale of German assets from Proactive Investors
26 Sep 2014
RNS press release - Interim Results from Proactive Investors
12 Sep 2014
RNS press release - Notice of Results from Proactive Investors
1 Sep 2014
RNS press release - Holding(s) in Company from Proactive Investors
20 Aug 2014
RNS press release - Holding(s) in Company from Proactive Investors
20 Aug 2014
RNS press release - Holding(s) in Company from Proactive Investors
19 Jun 2014
RNS press release - Update on the European Care Group from Proactive Investors
22 May 2014
RNS press release - AGM Statement from Proactive Investors
13 May 2014
RNS press release - Holding(s) in Company from Proactive Investors
13 May 2014
RNS press release - Holding(s) in Company from Proactive Investors
13 May 2014
RNS press release - Changes in shareholdings from Proactive Investors
7 May 2014
RNS press release - Holding(s) in Company from Proactive Investors
7 May 2014
RNS press release - Holding(s) in Company from Proactive Investors
25 Apr 2014
RNS press release - Notice of AGM and Posting of Report & Accounts from Proactive Investors
24 Apr 2014
RNS press release - Holding(s) in Company from Proactive Investors
17 Apr 2014
RNS press release - Update on European Care Group from Proactive Investors
7 Apr 2014
RNS press release - Holding(s) in Company from Proactive Investors
24 Mar 2014
RNS press release - Final Results from Proactive Investors
3 Feb 2014
RNS press release - Holding(s) in Company from Proactive Investors
30 Jan 2014
RNS press release - Trading Statement from Proactive Investors
25 Nov 2013
RNS press release - Refinancing and asset management agreement from Proactive Investors

Public Service Properties Investmnt Discussion on Interactive Investor

Re: All over by thirty fifty twenty

  Fri, 22 Apr 2016 08:50:00 GMT

Hi FD, good to have sale confirmed today and weak GBP increases our NAV slightly.
The share price seems stronger to me that I would have predicted, albeit capital repayment of 54p likely ( what is your prediction), so I am wondering if there might be some ongoing purpose for the plc and utilisation of those £60m of tax losses. Any thoughts?

Great result for you on TRE. Well done.

LXB looking very solid at 96p now. ... I'm assuming the delayed news and increasing price is good news.

BPM not showing strength but I think move will come when it releases finals.

All IMHO, DYOR and BoL
LXB, BPM and PSPI are in my portfolio


By thirty fifty twenty


flourish

Re: All over by farmerdave

  Fri, 11 Mar 2016 12:21:00 GMT

In LXB and BPM, Think ARTL in the same category as them

TRE is not derisked fully yet

FD


By farmerdave


flourish

Re: All over by thirty fifty twenty

  Thu, 10 Mar 2016 10:44:00 GMT

actually I will up that to 52p to 54p...
i'd forgotten to factor in the 1m of rental income for 9 months 1 July 15 to completion.


By thirty fifty twenty


flourish

Re: All over by thirty fifty twenty

  Thu, 10 Mar 2016 09:05:00 GMT

Great RNS and risk now removed.
Nothing further to add to your analysis FD. I agree 50p-52p.

I bought more recently at 46p and this morning at 48p,
it seems another example of 10% gain (assuming get 50p by Dec 16) reasonably certain from information available, yet still able to regularly buy shares

this was also the case with GKO, LMS, PUR, WIND
and I believe is the case with BPM and LXB

the market is nervous and thus leaving these asset = CASH backed 10% -20% p.a. returns available even though they are 'obvious' and 'near certain'.

any assets back 'certainties' you see yourself?

All IMHO, DYOR BoL
PSPI is in my portfolio, LXB + BPM are in my top5 hldgs


By thirty fifty twenty


flourish

All over by farmerdave

  Thu, 10 Mar 2016 08:17:00 GMT

Payout 50-53p depending on how much management/prof fees last 8 months - 30-50-20 whats your range ?

Cheers

FD


By farmerdave


flourish

at 48p up 6p today hmm.... by thirty fifty twenty

  Wed, 30 Dec 2015 16:18:00 GMT

large move today for this little known company -

I guess either a tip sheet,
or insiders on a pending sale to be announced.

hopefully some interesting news next week ....


All IMHO, DYOR + BoL
PSPI is in my portfolio


By thirty fifty twenty


flourish

Re: at 36p analysis of partial redemption by farmerdave

  Mon, 26 Oct 2015 08:42:00 GMT

Agreed

My calc gets me to 48p conservatively - so good inv at present - happy holder

FD


By farmerdave


flourish

at 36p analysis of partial redemption by thirty fifty twenty

  Mon, 26 Oct 2015 07:58:00 GMT

good to see progress here.

the 40% redemption I calc will give an initial adj NAV of 58p.

to the upside is the favourable FX mvt since 31 June, adding maybe a further 3p,
but admin costs are likely to be higher than net rental income less costs reduce by 2p.

however the risk aspect of the remaining assets has increased....
I.e. will defd CASH be paid?
will restricted CASH be returned?
can the assets be sold?

on a conservative extrapolation,
with a further 18 months of admin costs,
and remaining assets sold for 10% less than book value,
gives a very realisable 50p.

very tricky to buy shares though

All IMHO, DYOR, BoL
PSPI is in my portfolio




By thirty fifty twenty


flourish

Re: 25p by njb55

  Fri, 27 Mar 2015 15:27:00 GMT

Dave. Can you run through the 'rithmatic a bit slower. I'm interested in what you say but can't get my head around it. Still being bid at 24p this afternoon.
Nick


By njb55


flourish

Re: 25p by farmerdave

  Mon, 23 Mar 2015 12:52:00 GMT

Still in same range 32-26p a share with 2/3 of shares to be bought back at 23p or so will leave remnants at a NAV of 41p a share. So if you buy in now will get 2/3 of shares cashed out and left with the last 1/3 at 50% of NAV approx - have topped up today

FD


By farmerdave


flourish

Re: 25p by farmerdave

  Fri, 13 Feb 2015 12:03:00 GMT

After current sales the value is closing down to 32 to 35 p a share - right at the bottom of my previous range. I wonder who the directors are going to work for ? Sure they will look after themselves.
Anyway got in at the bottom so OK return but thought they might have worked to get a bit more
FD


By farmerdave


flourish

In holding pattern by farmerdave

  Fri, 26 Sep 2014 09:27:00 GMT

Results generally as expected - debt amortised by 1.5 m over first 6mos. Of rent/lease inc of 8m pa "admin" still 2m pa - some cuts available here . Otherwise slowly company turniong corner especially if the op co at the homes is being better run

FD


By farmerdave


flourish

Re: How are the managers earning their money... by alpal

  Thu, 30 Jan 2014 21:26:00 GMT

Skepto: When will you [ and I ] learn that this busines is run for the benefit of the directors and consultants. What a surprise when we get another downgrade in valuations, after all the fee structure is based on:
a] The higher the valuation, the higher your fee.
b] The higher the valuation, the better the directors feel about their incompetence.
To answer your final question: No, these people don't earn their fees. If we recruited our local garbage collectors as directors, they couldn't do a worse job.


By alpal


flourish

How are the managers earning their money? by Skepto

  Thu, 30 Jan 2014 12:13:00 GMT

another disappointing trading update with a decline in capitalisation rates at a time when the value of most property is heading upwards. part of the decline is attributed to a lack of management attention. But don't these people earn their fee by dedicating the staff to the job that the job requires?


By Skepto


flourish

Re: 25p by farmerdave

  Thu, 21 Mar 2013 13:44:00 GMT

When I posted before I said 33-67p still think it is in that range but given the pressure on peoples budgets at present wouldnt care to narrow it down really - seeing a slight growth in asset values but will be a while before it feels like we are out of the woods

FD


By farmerdave