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Palace Capital

Discuss Stock buying Shares, tips and ideas for stock market dealing
jackdaww
Lemon Quarter
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Palace Capital

#4814

Postby jackdaww » November 14th, 2016, 2:02 pm

palace Capital PLC is an investment company run by neil sinclair.

The Company invests in properties, property backed businesses, private property companies, distressed properties and property services businesses.

good recent news is the re-letting of a exeter property to Wheaton’s Exeter Ltd, with a ten-year lease from August 9, with no right to break.

price now is 350 , yield 5% covered 3 times , market cap around 100m..

worth a look?

ermintrade
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Re: Palace Capital

#5233

Postby ermintrade » November 15th, 2016, 1:29 pm

I bought PCA 2 years ago. My capital gain is only 3% over that period, so PCA is probably not suitable for a growth portfolio. However, I do think that it is a well-run property company, with a good dividend, and I intend to hold on to it.
Regards
Ermintrade


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