Glenveagh Properties (CDI) (GLV)

Sector:

Household Goods

  1.26
   
  • Change Today:
     0.00
  • 52 Week High:  1.2
  • 52 Week Low:  0.9
  • Currency: Euro
  • Shares Issued: 578.05m
  • Volume: 61,278
  • Market Cap:  725.45m
  • RiskGrade: 128

Glenveagh Properties finalises acquisition of 11 new sites

By Iain Gilbert

Date: Friday 17 Nov 2017

LONDON (ShareCast) - (ShareCast News) - Residential developer Glenveagh Properties has completed the acquisition of 11 new development sites around the country.
The firm said, subject to planning permission, the newly acquired sites across the Irish counties of Dublin, Wicklow, Cork, Limerick and Kildare had the potential to support as much as 1,319 housing units.

Glenveagh, which raised €500m from its IPO on the Dublin Stock Exchange in October, said it had already invested roughly €83m of that cash into new properties.

Justin Bickle, co-founder and chief executive of Glenveagh, said the firm had been "developing various plans, progressing discussions towards the acquisition of various sites and informing the local market about our ambitions to deliver houses and apartments for third parties through Glenveagh Living".

"Alongside this, we have been busy building out the company's corporate infrastructure, hiring new staff, integrating Bridgedale's operations and re-branding them as Glenveagh Homes," he added.

As of 1020 GMT, shares had grown 1.74% to €1.17 each.

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

Note 2: RiskGrade figures are provided by RiskMetrics.

 

GLV Market Data

Currency Euro
Share Price   1.26
Change Today   0.00
% Change 0.00 %
52 Week High  1.2
52 Week Low  0.9
Volume 61,278
Shares Issued 578.05m
Market Cap  725.45m
RiskGrade 128

GLV Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
Market averageMarket averageMarket averageMarket averageMarket average
91.67% above the sector average91.67% above the sector average91.67% above the sector average91.67% above the sector average91.67% above the sector average
Price Trend
Market averageMarket averageMarket averageMarket averageMarket average
61.54% above the sector average61.54% above the sector average61.54% above the sector average61.54% above the sector average61.54% above the sector average
Income
Market averageMarket averageMarket averageMarket averageMarket average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
Market averageMarket averageMarket averageMarket averageMarket average
15.38% above the sector average15.38% above the sector average15.38% above the sector average15.38% above the sector average15.38% above the sector average

What The Brokers Say

Strong Buy 0
Buy 2
Neutral 2
Sell 0
Strong Sell 0
Total 4
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

GLV Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
18:10 10,369 @  1.25
17:45 8,797 @  1.25
17:45 2,468 @  1.25
17:44 3,584 @  1.26
17:21 32,084 @  1.25

GLV Key Personnel

CEO Stephen Garvey
CFO Michael Rice

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