Simbr
09 Jun 2016
Re: double digit gain? Liberum note out on Research Tree this morning: "Workspace's opportunity to sustain sector leading returns remains well supported by rising rents still at a low base, prospective gains on a significant project pipeline and a service offering positioned for changing trends towards flexible office occupation. While we downgrade earnings by 13% to reflect asset disposals, we upgrade underlying rental growth and NAV by 2%."
Simbrad
09 Jun 2016
Liberum note out on Research Tree this morning: "Workspace's opportunity to sustain sector leading returns remains well supported by rising rents still at a low base, prospective gains on a significant project pipeline and a service offering positioned for changing trends towards flexible office occupation. While we downgrade earnings by 13% to reflect asset disposals, we upgrade underlying rental growth and NAV by 2%."
Simbrad
08 Jun 2016
Liberum's note out this morning on Research Tree: "Stellar rental growth drives another year of outperformance. NAV +31% is 4% ahead of our forecast and EPS +56% is 6% ahead. LFL rental growth of +15% is enhanced by strong lettings on completed projects and operational gearing. While disposals will limit earnings growth through FY17, 3% quarterly rental growth momentum should underpin another year of underlying double digit gain, at the top end of the sector..."
Callun
08 Feb 2016
Re: worrying times Tejo,Can't find any news to directly support the continued sell off, although Jefferies hold rating on 25th January dropped its target price to 804.Indeed it is worrying to see a whole year's profit disappear, but this seems to be a correction of sorts, although looking overdone relative to the general market falls, IMO.Still holding, and looking to add once there is evidence of an upturn, but not grabbing this falling knife just yet.Callun
tejo
03 Feb 2016
Re: worrying times I think that I was wrong to suggest there is nothing to worry about. The fall continues and looking at the trades to-day, there is a bizarre pattern. There is a steady flow of tiny trades, sometime several seemingly at the same time. Does anyone know of anything untoward with the company? I do not think this only down to the market weakness
tejo
21 Jan 2016
Worrying times There is nothing to really worry about I do not think, since when the market falls as it has, there is indiscriminate selling of everything due to fear and maybe excessive borrowing. As far as I know, the company's business is sound as is that of their customers, and London is still the place to be. One can read across into Shaftesbury, a very well positioned company and see the same type of irrational behaviour. These prices will be looked back on as a wonderful buying opportunity.inmho
nondangerousdan
15 Jan 2016
Worrying times Steady falls this week - are they in line with general market jitters or is there another specific problem? Grateful for any news.
oldjoe1
05 Aug 2015
WKP Broker Buy Views........ WKP Workspace GroupBROKER BUY VIEWS....Date Broker Rec. Price Old target price New target price Notes21 Jul 15 Canaccord Genuity Buy 971.00 1,081.00 1,081.00 Reiterates16 Jul 15 Investec Add 971.00 856.00 1,019.00 Reiterates04 Jun 15 Liberum Capital Buy 971.00 1,100.00 1,100.00 Retains03 Jun 15 Panmure Gordon Buy 971.00 957.00 1,010.00 Reiterates01 Jun 15 JP Morgan Cazenove Overweight 971.00 920.00 980.00 Reiterates
oldjoe1
05 Aug 2015
Re: WKP. Great Technical Set Up Here...... WKP Workspace up to date chart overlook...........SP in general, following flat market but not falling into negative territory.Just biding time and waiting for the market to break up if figures on Non Farm Pay Roll on Friday from US is positive.[link]
oldjoe1
04 Aug 2015
WKP. Great Technical Set Up Here...... WKP Workspace,chart set up looks very interesting and could be very profitable in probably a short term time frame. One to monitor in the next 48 hours.[link]
tejo
18 Jun 2015
full year results yes, maybe the sp had got somewhat ahead of itself. The only point of concern to me is that the gain from the annual property valuation is shown as a trading profit whilst the assets themselves are classified as non current assets in the balance sheet.. If an annual valuation showed that property prices had remained unchanged, let alone reduced, the majority of the annual profit would vanish.. In presentational terms, the chickens will come home to roost one day. Still like the company.
knight1307
04 Jun 2015
Re: full year results not to sure about this level though ?
tejo
04 Jun 2015
full year results Really good results. I think that this is one of the most exciting investment opportunities around
II Editor
03 Jun 2015
NEW ARTICLE: Workspace smashes City forecasts "Being in the right place at the right time is helpful in business. It's certainly been a boon for LSE:WKP:Workspace. With London in the midst of a property boom and the new Conservative government pledging support for small and medium sized ..."[link]
Callun
23 Jan 2015
Re: Fall What fall? Just burst through 800p. SP highest ever.
