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AREO Argo Real Est.

0.02
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Argo Real Est. LSE:AREO London Ordinary Share GB00B17PFQ50 ORD EUR0.01
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.02 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.02 EUR

Argo Real Est. (AREO) Latest News

Real-Time news about Argo Real Est. (London Stock Exchange): 0 recent articles

Argo Real Est. (AREO) Discussions and Chat

Argo Real Est. Forums and Chat

Date Time Title Posts
07/10/201115:12AREOF - 'Double discount' offers extra value-
20/9/201115:48ARGO SET TO MERGE WITH WHITE STAR???4

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Argo Real Est. (AREO) Most Recent Trades

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Argo Real Est. (AREO) Top Chat Posts

Top Posts
Posted at 20/9/2011 15:48 by windass
Initiation of coverage from GE&CR, with a STRONG BUY. Should get the shares moving.

Property companies, as this is essentially what AREOF is, are valued relative to their Net Asset Value ('NAV') and we believe AREOF offers considerable long-term upside potential because the Romanian and Ukraine economies are recovering strongly and this upside potential has yet to be fully reflected in asset values. Nevertheless, AREOF's assets, as enlarged by the ERA Shopping Park acquisitions, were independently valued by Colliers International and Jones La Salle and indicated that net assets totalled €82.7 million or 13.6c per share. Therefore, with the shares trading at 4.5c and a net asset value per share of 13.6c, we recommend the shares as a strong buy.
Argo Real Est. share price data is direct from the London Stock Exchange

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