Town Centre Securities (TOWN)

Sector:

Property Investment Trusts

Index:

FTSE Fledgling

87.00p
   
  • Change Today:
    -0.50p
  • 52 Week High: 232.00p
  • 52 Week Low: 81.50p
  • Currency: UK Pounds
  • Shares Issued: 53.07m
  • Volume: 20,423
  • Market Cap: £46.17m

Small caps round-up: Holidaybreak, Town Centre Securities, Sky High ...

Date: Thursday 17 Feb 2011

LONDON (ShareCast) - Educational trip organiser Holidaybreak performed “creditably” between 1 October and 12 February and expects to perform as expected in the year ending 30 September 2011.

Some 61% of target group revenue is already booked, though sales intake is down 3% compared with last year.

Leeds-based property investor Town Centre Securities ramped up underlying profit after tax to £4.4m in 2010 from £2.5m last year thanks to a focus on reducing occupancy voids and the rebasing of operating costs and interest charges.

Shares of traffic surveyor Sky High pulled out of the nose dive they have been in since the end of September after the company said the Department for Transport has awarded it a contract to provide traffic count data as part of the Department’s National Road Traffic Census Contract..

The contract, worth around £0.9m a year, is for a two year period with a possible third year extension.

IT solutions provider Electronic Data Processing remains cautiously optimistic about the outlook for the rest of year, but notes that the government spending cuts have affected customers’ confidence, prolonging the group’s sales cycle.

The balance sheet continues to be debt-free with cash resources amounting to £4.7m, boosted by the sale proceeds from the disposal of its freehold head office building in Sheffield for £2.3m in October.

Real Estate Opportunities
(REO) has agreed the sale of Montevetro, Dublin’s tallest commercial building, to Google for €99.9m in cash. The 15-storey building comprises 210,000sqft.

"The transaction is one of the largest sales of commercial property in Ireland in several years and the company believes it has achieved a very good price in the current market environment,” said REO chairman Ray Horney.

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

 

TOWN Market Data

Currency UK Pounds
Share Price 87.00p
Change Today -0.50p
% Change -0.57 %
52 Week High 232.00p
52 Week Low 81.50p
Volume 20,423
Shares Issued 53.07m
Market Cap £46.17m

TOWN Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
57.81% above the market average57.81% above the market average57.81% above the market average57.81% above the market average57.81% above the market average
22.22% above the sector average22.22% above the sector average22.22% above the sector average22.22% above the sector average22.22% above the sector average
Price Trend
89.6% below the market average89.6% below the market average89.6% below the market average89.6% below the market average89.6% below the market average
94.74% below the sector average94.74% below the sector average94.74% below the sector average94.74% below the sector average94.74% below the sector average
Income
27.57% above the market average27.57% above the market average27.57% above the market average27.57% above the market average27.57% above the market average
25% below the sector average25% below the sector average25% below the sector average25% below the sector average25% below the sector average
Growth
74.76% below the market average74.76% below the market average74.76% below the market average74.76% below the market average74.76% below the market average
88.89% below the sector average88.89% below the sector average88.89% below the sector average88.89% below the sector average88.89% below the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

TOWN Dividends

  Latest Previous
  Final Interim
Ex-Div 03-Dec-20 28-May-20
Paid 05-Jan-21 26-Jun-20
Amount 1.75p 3.25p

Trades for 23-Oct-2020

Time Volume / Share Price
15:28 1,590 @ 85.66p
13:51 5,621 @ 88.34p

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