Jump to content

Intu property


dash1

Recommended Posts

Posted

Hi guys. Does anyone have an opinion of the stock? Looks like a good buying opportunity but, wanted to get your thoughts.

  • 2 years later...
Posted

I spread bet against intu shortly before the most recent takeover talk collapse and I'm very happy.

Shopping centres in the UK are in trouble and intu has further to fall, unless it is able to offload its mediocre assets to some local authorities.

Posted

100p is always a "tough level to crack" , but I guess the way retail is in the UK at the moment, this one doesn't look great at the moment. Trend is your friend & this one is definitely down !

Capture intu.PNG

  • 6 months later...
Posted
On ‎06‎/‎01‎/‎2019 at 15:55, elle said:

100p is always a "tough level to crack" , but I guess the way retail is in the UK at the moment, this one doesn't look great at the moment. Trend is your friend & this one is definitely down !

Capture intu.PNG

 

Capture intu.PNG

  • 6 months later...
Posted

intu has an announcement today regarding its rights issue.

intu announces Amendment of Revolving Credit Facility

Quote

intu is pleased to announce that it has agreed terms for an amendment and extension of its revolving credit facility ('RCF') to 2024. The revised four-year, £440 million RCF is conditional on intu raising a minimum of £1.3 billion of equity and will replace intu's existing £600 million RCF that is due to expire in October 2021.

The revised RCF will be provided by all seven of the existing banks who participate in intu's current RCF, being Bank of America, Barclays, Credit Suisse, HSBC, Lloyds, Natwest and UBS.

The Company is working with its corporate brokers, BofA Securities and UBS, and its financial adviser, Rothschild & Co, on the intended equity raise and intends to update the market in this regard at the time of release of its Annual Results for the year ended 31 December 2019, on 5 March 2020.

Matthew Roberts, chief executive of intu, commented:

"This extension of our RCF is a key milestone in addressing our near-term refinancing needs. It also underlines the continued support we have from our relationship banks. This revised RCF will extend the maturity profile and be used to provide general liquidity for intu.

Fixing the balance sheet remains our number one priority and we remain engaged with shareholders and potential new investors in relation to the intended equity raise."

intu has a market capitalisation of 220m.  Its chances of raising 1.3bn seem remote.  I'm short again.

  • Like 1
Posted

Intu receives mention in today’s FT Alphaville (registration but not subscription required).

From intu's update on strategy to fix the balance sheet:

Quote

intu has, over the past several months, engaged in extensive discussions with its shareholders and potential new investors regarding a possible equity raise of between £1 billion and £1.5 billion. Following these discussions intu has concluded it is unable to proceed with an equity raise at this point.

While a number of intu's shareholders and potential new investors indicated their support for an equity raise, the Board believes the current uncertainty in the equity markets and retail property investment markets precluded a number of potential investors from committing capital into the business and intu was therefore unable to reach the target quantum at the current time.

However, during this process, intu received several expressions of interest to explore alternative capital structures and asset disposals.

Accordingly, intu will continue and broaden its conversations with its stakeholders with a view to discussing the range of options available to the Company to demonstrate the equity value of the business and to utilise its assets to provide further liquidity. These include alternative capital structures and solutions and further disposals.

The only "alternative capital structures" I can think of involve giving creditors more control than current shareholders.  Intu's going to keep selling off what assets it can.  Effectively it is doing what would happen if it went into administration.

  • 1 month later...
Posted

Intu appears to have unknown availability of borrowing for short selling on IG.  Does that imply an increased risk of a short squeeze?

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • Airdrops are a popular method in the crypto space to reward loyal users and encourage new adopters. Tomarket is no exception, aiming to reward its most active players by distributing 80% of its TOMA token supply through a series of Tomarket airdrop stages. This initiative recognizes the contributions of users who have supported Tomarket’s growth on the TON blockchain. (To participate click here) The Four Phases of the Airdrop Tomarket airdrop is being carried out in four distinct stages, each designed to reward different segments of the community. Stage 1: Completed on October 31, 30% of the TOMA tokens were released to early participants. Stage 2: A further 30% of the TOMA supply will be revealed before the official token listing on December 20. Stage 3: An additional 17% of the TOMA tokens will be distributed during this phase, though the exact timing is still to be determined. Stage 4: The final 3% will be allocated to early adopters, with specific timing for this stage yet to be announced. How to Qualify for the Tomarket Airdrop Participating in the Tomarket airdrop is simple, but there are a few tasks you need to complete to be eligible: Add the Tomato Emoji: Add a tomato emoji to your Telegram display name to show you're part of the Tomarket community. Reach Bronze Level: Achieve at least Level 4 (Bronze) in the Tomarket game to prove your activity on the platform. Connect a TON Wallet: Link your Tomarket account to a TON wallet to receive the tokens. Join the Telegram Channel: Make sure you’re a member of the Tomarket announcement channel on Telegram to stay updated on all airdrop details. Optional Premium Medal: You can purchase a premium medal for $5, which unlocks additional rewards and gives you access to 100% of your tokens during the Tomarket airdrop. How to Claim Tomarket Airdrop Tokens Once the Tomarket airdrop is live, you’ll be able to claim your Tomarket airdrop tokens directly within the Tomarket app. From there, you can withdraw the tokens to your external wallet for easy access. This streamlined process ensures that getting your rewards is quick and hassle-free. Exclusive Features and the Farming Pool Beyond the Tomarket airdrop, the project is introducing a Farming Pool for TOMA token holders. This feature will allow users to earn more tokens by referring others and participating in various exclusive projects. For players who purchase the premium medal, additional benefits will unlock, enhancing the overall gaming experience. These benefits could include more opportunities to earn tokens, access to special promotions, and other unique features that will be revealed in the future. Explore upcoming crypto airdrops: https://markets.coinpedia.org/airdrops/
    • We've seen Web3 revolutionize finance, art, and ownership, but the full potential hasn't been tapped especially when it comes to AI. What if AI models and apps didn't belong to massive corporations but to the people building them? What if creators could actually connect, share, and monetize their AI innovations without gatekeepers? That's what KIP Protocol is setting out to do, and it's an idea that feels long overdue. KIP's structure is clever without being overly complicated. The Application Layer lets you turn your AI app into an ERC-3525 SFT, linking it directly to models and knowledge assets while tracking every interaction on the $KIP ledger. The Settlement Layer makes value transfer seamless, and the Ownership Layer ensures your data and knowledge are securely stored but still accessible for retrieval-augmented AI. It's decentralized, secure, and most importantly it’s built for creators, not just institutions. This is more than a protocol; it's a chance to redefine how AI works in the Web3 space. But then there is $KIP Listing Carnival on BingX where we get to share the 3,000,000 rewards up for grabs within six days. If you're into AI or Web3, this might just be your next move. 
    • Here's a price analysis for Magic Eden (ME) based the current hype around the token especially with Bitget and Binance Listing today   Current Price and Market Dynamics: Current Price: The $ME token is currently trading at around $9.02, with a recent increase of about +5.37% over the past 24 hours. This data reflects the price as of the latest update. Market Sentiment: There's a mix of optimism and caution around $ME. Some posts on X suggest that the token might be overvalued at its current price, with one user stating, "Magic Eden is heavily overvalued at $9 btw. Fair price is $0." However, there's also anticipation around events like the $ME airdrop, which seems to be fueling some positive market sentiment.   Short-Term Predictions: Airdrop Influence: The upcoming $ME airdrop has been a significant point of discussion. With the airdrop now live, there's an expectation of high selling pressure initially, which could lead to a price dip. However, following this, some analysts are optimistic about the price recovering and potentially surpassing $6-$7 within days after the initial sell-off.   Price Targets: Users on X have set various price targets post-airdrop, with one suggesting an initial profit-taking around the $125-$140 area for those who received the airdrop. Another prediction sees the price potentially reaching $10 within a couple of days of trading, with optimistic scenarios pushing to $15.    Long-Term Outlook: Market Cap and Liquidity: Given Magic Eden's position as a leading NFT marketplace and the introduction of its token across multiple exchanges, there's potential for increased liquidity and market cap growth. The token's integration into services like staking, rewards, and governance could further drive its value if adoption within the Magic Eden ecosystem grows. Fundamental Analysis: Magic Eden's expansion to multiple blockchains, user-friendly enhancements, and its robust community support are positive signs for long-term growth. However, the volatile nature of crypto markets, especially around significant events like airdrops, means investors should be prepared for both rapid gains and potential corrections. Risks and Challenges: The high initial selling pressure post-airdrop and the general market sentiment towards new tokens can be significant hurdles. Additionally, competition in the NFT marketplace sector and broader market conditions (like regulatory changes or shifts in crypto popularity) could affect $ME's price trajectory.   Conclusion: The $ME token shows signs of both immediate volatility due to the airdrop event and potential for growth based on Magic Eden's market position and expansion plans. Event like Poolx, and Candybomb campaigns on Bitget and various exchanges could have both positive and negative impact on the price but they offer a good opportunity for users to earn airdrops of the token. 
×
×
  • Create New...
us