Panther Securities (PNS)

Sector:

Real Estate

Index:

FTSE AIM All-Share

 350.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 395.00
  • 52 Week Low: 345.00
  • Currency: UK Pounds
  • Shares Issued: 17.68m
  • Volume: 0
  • Market Cap: £61.89m
  • RiskGrade: 80
  • Beta: 0.00

Panther Securities expecting £20m profit for 2017

By Josh White

Date: Wednesday 07 Mar 2018

LONDON (ShareCast) - (ShareCast News) - Panther Securities announced on Wednesday that, based on preliminary unaudited information, it expects the profit after taxation for the year ended 31 December to be of the order of £20m.
The AIM-traded firm put the performance down to a number of factors, including the independent revaluation of the group's entire portfolio at 31 December, which would likely result in an increase in valuation at year-end of approximately £16m.

Additionally, the group's interest rate swaps liability at 31 December showed a positive movement of approximately £2m over the financial year.

The board said it expected to report a profit of approximately £1m on the sale of a number of investment properties, with the sale of most of its investment shares producing an additional profit of over £1m.

Rental income also reportedly held up "very well" in a tough environment for retailers.

"The above expected group profit after taxation in the order of £20m does not include any additional profit that would arise on the completion of the sale of Holloway Head, Birmingham," the Panther board said in its statement.

On 30 November last year, the company announced that the contract had been extended, with the purchaser seeking to complete at the beginning of March 2018.

"The purchaser was not in a position to complete and has been granted a further extension of five weeks, at a cost of £40,000 per week.

"In the event that completion takes place before the accounts for the year ended 31 December are signed, under the accounting standards, an additional profit after taxation of £3.8m would be achieved as part of the results for the year."

Panther Securities said it expected to announce the audited results for the year ended in late April.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

PNS Market Data

Currency UK Pounds
Share Price 350.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 395.00
52 Week Low 345.00
Volume 0
Shares Issued 17.68m
Market Cap £61.89m
Beta 0.00
RiskGrade 80

PNS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
77.25% above the market average77.25% above the market average77.25% above the market average77.25% above the market average77.25% above the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average
Price Trend
9.15% above the market average9.15% above the market average9.15% above the market average9.15% above the market average9.15% above the market average
6.67% below the sector average6.67% below the sector average6.67% below the sector average6.67% below the sector average6.67% below the sector average
Income
54.99% above the market average54.99% above the market average54.99% above the market average54.99% above the market average54.99% above the market average
51.22% above the sector average51.22% above the sector average51.22% above the sector average51.22% above the sector average51.22% above the sector average
Growth
32.88% below the market average32.88% below the market average32.88% below the market average32.88% below the market average32.88% below the market average
1.75% above the sector average1.75% above the sector average1.75% above the sector average1.75% above the sector average1.75% above the sector average

PNS Dividends

  Latest Previous
  Final Special
Ex-Div 08-Aug-19 27-Dec-18
Paid 05-Sep-19 17-Jan-19
Amount 6.00p 15.00p

Trades for --2019

Time Volume / Share Price
0 @ 0.000p

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