Share Prices & Company Research

Stockbroking

Palace Capital

Current Price 282.00p Bid 282.00p Ask 294.00p Change 0.00%
Last Updated: 21/09/2019 20:11. Prices delayed by at least 15 minutes.
Call 0113 243 6941 or search for your local office

Company Overview

Palace Capital plc (formerly Leo Insurance Services plc, formerly Libra Retail plc) is a Main Market listed property investment company that has a £285 million diversified portfolio of UK regional commercial property. The Company maintains a disciplined investment strategy focused on towns and cities outside of London that are characterised by thriving local economies and strengthening fundamentals. Within those locations, the highly experienced management team selects assets that provide opportunity to drive both capital value and long term rental income through tailored active asset management programmes, ultimately delivering attractive shareholder returns.

Financial Highlights Year Ended 31/03/2019

Turnover
£18.75m
Operating Profit
£11.11m
Dividend Yield
6.74
Dividend Per Share
19.00
Dividend Cover
0.59
P/E Ratio
24.96

Key Personnel

Richard Paul Starr
Executive Director
Stephen John Silvester
Finance Director
Ronald Neil Sinclair
Managing Director
Stanley Harold Davis
Non-Executive Chairman
Kim David Spencer Taylor-Smith
Non-Executive Director
Anthony Charles Dove
Non-Executive Director
Mickola Rosemary Wilson
Non-Executive Director

Stock Details

EPIC
PCA
ISIN
GB00BF5SGF06
Shares in Issue
46,088,928
Market cap
£129.97m

Analyst Views (1)

Strong Buy
 
100.00%
Buy
 
0.00%
Hold
 
0.00%
Sell
 
0.00%
Strong Sell
 
0.00%
The above information represents a selection of the views published in the last 120 days by analysts. It is subject to change without notice and doesn't reflect view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
282.00p
Bid Price
282.00p
Ask Price
294.00p
Volume
1950
Change Today
0.00p
% Change Today
0.00%
Open
283.26p
Previous Close
282.00p
Intraday High
283.26p
Intraday Low
281.00p
52 Week High
330.00p
52 Week Low
266.00p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Palace Capital Intra-day Chart

Palace Capital News

News in this section is provided by AJ Bell

Palace Capital secures £40m credit facility 07 Aug 2019 | 08:00 Palace Capital converts to REIT 01 Aug 2019 | 09:47 Director Deals - Palace Capital PLC (PCA) 29 Jul 2019 | 15:10 Palace Capital says interest in York development stronger than expected 12 Jul 2019 | 07:22 Broker Forecast - Numis issues a broker note on Palace Capital PLC 05 Jun 2019 | 09:10 Palace Capital holds dividend steady as profit slips 04 Jun 2019 | 07:51 Palace Capital surrenders lease in Birmingham 07 May 2019 | 07:57 Palace Capital inks 15-year lease agreement with Soo Yoga 19 Feb 2019 | 08:07 Palace Capital awards £35m construction contract for development in York 11 Feb 2019 | 07:41 Director Deals - Palace Capital PLC (PCA) 14 Jan 2019 | 09:00 Director Deals - Palace Capital PLC (PCA) 14 Jan 2019 | 09:00 Director Deals - Palace Capital PLC (PCA) 03 Jan 2019 | 10:15 Director Deals - Palace Capital PLC (PCA) 03 Jan 2019 | 10:15 Director Deals - Palace Capital PLC (PCA) 03 Jan 2019 | 10:15 Palace Capital profit up 67%; buoyed by higher rental income 26 Nov 2018 | 07:17 Palace Capital sells 50 units to London borough of Barnet for £18.2m 23 Nov 2018 | 07:13 Palace Capital inks lease agreement with Aldi 02 Oct 2018 | 09:13 Director Deals - Palace Capital PLC (PCA) 27 Sep 2018 | 17:50 Director Deals - Palace Capital PLC (PCA) 27 Sep 2018 | 17:45 Director Deals - Palace Capital PLC (PCA) 27 Sep 2018 | 17:45 Director Deals - Palace Capital PLC (PCA) 27 Sep 2018 | 17:45

Assets (£m)

Data has been provided by AJ Bell

Reporting Date
31 Mar 2019
31 Mar 2018
Tangible Assets
0.1
0.1
Intangible Assets & Goodwill
0.0
0.0
Investments & Other Non-Current Assets
261.0
253.9
Total Non-Current Assets
261.1
254.0
Inventory
0.0
0.0
Trade & Receivables
6.2
5.6
Cash & Receivables
22.9
19.0
Other Current Assets & Assets Held for Resale
26.1
21.7
Total Assets
316.3
300.3

Liabilities (£m)

Data has been provided by AJ Bell

Reporting Date
31 Mar 2019
31 Mar 2018
Short Term Liabilities
16.0
11.5
Long Term Liabilities
120.0
105.5
Other Liabilities / Pension etc
0.0
0.0
Total Liabilities
136.0
117.0

Net Assets (£m)

Data has been provided by AJ Bell

Reporting Date
31 Mar 2019
31 Mar 2018
Net Assets
180.3
183.3

Equity (£m)

Data has been provided by AJ Bell

Reporting Date
31 Mar 2019
31 Mar 2018
Share Capital
4.6
5.6
Minority Interests
0.0
0.0
Retained Earnings
48.6
51.8
Share Premium Account
125.0
125.0
Other Equity
2.1
0.8
Total Equity
180.3
183.3

Cashflow (£m)

Data has been provided by AJ Bell

Reporting Date
31 Mar 2019
31 Mar 2018
Cashflow from Operating Activities
6.9
6.8
Cashflow Before Financing
-4.7
-60.9
Increase / Decrease in Cash
4.4
7.1

Income (£m)

Data has been provided by AJ Bell

Reporting Date
31 Mar 2019
31 Mar 2018
Turnover
18.8
16.7
Cost of Sales
2.3
1.8
Gross Profit
16.4
14.9
Operating Profit
11.1
16.7
Pre-Tax Profit
6.4
13.3
Profit / Loss for the Year
5.2
12.5

Dividend History

Data has been provided by AJ Bell

Period
Ex-Dividend Date
Payment Date
Q1 Dividend
26 Sep 2019
18 Oct 2019
H2 Dividend
13 Jun 2019
13 Jul 2019
Q3 Dividend
21 Mar 2019
12 Apr 2019
H1 Dividend
06 Dec 2018
28 Dec 2018
Q1 Dividend
04 Oct 2018
19 Oct 2018
H2 Dividend
05 Jul 2018
31 Jul 2018
Q3 Dividend
22 Mar 2018
13 Apr 2018
H1 Dividend
07 Dec 2017
29 Dec 2017
H2 Dividend
06 Jul 2017
28 Jul 2017
H1 Dividend
08 Dec 2016
30 Dec 2016
H2 Dividend
07 Jul 2016
29 Jul 2016
H1 Dividend
03 Dec 2015
30 Dec 2015
H2 Dividend
09 Jul 2015
31 Jul 2015
H1 Dividend
04 Dec 2014
30 Dec 2014
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
We use cookies on this site to improve your experience and help us provide you with a better website. An explanation of the cookies we use and their purpose can be found within our Cookie Policy. Your continued use of this site means you consent to the use of cookies.