Picton Property Income Ltd (PCTN)

Sector:

Real Estate

Index:

FTSE Small Cap

68.80p
   
  • Change Today:
    -0.90p
  • 52 Week High: 79.40p
  • 52 Week Low: 60.30p
  • Currency: UK Pounds
  • Shares Issued: 545.22m
  • Volume: 415,694
  • Market Cap: £375.11m

Friday preview: Another quiet day expected

By Benjamin Chiou

Date: Thursday 22 Nov 2012

LONDON (ShareCast) - Friday is set to be another quiet day on London's stock market with Wall Street only open until lunchtime.

Trade volumes were said to be very light on Thursday with US equity and bond markets Stateside closed for the Thanksgiving holiday.

Research analyst Joshua Mahony from Alpari said: "Tomorrow will be a half day for many too which typically is taken as a day off to create a four-day weekend. Therefore the higher volatility associated with lower volumes is expected through tomorrow.”

Markets will likely keep a close eye on developments in the Eurozone with leaders at the EU summit looking to establish a new long-term budget for the 2014-2020 period.

Mahony said: “The meeting pulls together the leaders of each of the 27 European Union member states and is expected to be a rather frosty affair given the propensity those involved to use the meeting as a show of strength to their domestic electorate.”

On the corporate side of things, it looks like a quiet day for company results with no big hitters scheduled to report.

However on the AIM market, three small-cap property groups are expected to release their first-half results: Max Property, Picton Property Income and Sweett Group.


INTERIMS
Max Property Group, Picton Property Income Ltd, Sweett Group

INTERIM DIVIDEND PAYMENT DATE
Bovis Homes Group, Harvey Nash Group, Menzies(John), Octopus VCT , RSA Insurance Group, Scottish Mortgage Inv Trust, Ted Baker, Walker Greenbank

INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Gross Domestic Product (GER) (07:00)
IFO Business Climate (GER) (09:00)
IFO Current Assessment (GER) (09:00)
IFO Expectations (GER) (09:00)

GMS
Nexus Management

ANNUAL REPORT
Croma Security Solutions Group

SPECIAL DIVIDEND PAYMENT DATE
Aberdeen Asian Smaller Companies Inv Trust

EGMS
KT Corp. ADR

AGMS
Draganfly Investments Ltd., Hargreaves Lansdown, Hargreaves Services, Petmin Ltd. (DI), Rialto Energy Ltd (DI)

UK ECONOMIC ANNOUNCEMENTS
BBA Mortgage Lending Figures (09:30)

FINAL DIVIDEND PAYMENT DATE
Abcam, Aberdeen Asian Smaller Companies Inv Trust, Dechra Pharmaceuticals, El Oro Ltd, Genus, Mcbride, Murgitroyd Group, Smiths Group

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

 

PCTN Market Data

Currency UK Pounds
Share Price 68.80p
Change Today -0.90p
% Change -1.29 %
52 Week High 79.40p
52 Week Low 60.30p
Volume 415,694
Shares Issued 545.22m
Market Cap £375.11m

PCTN Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
28.43% below the market average28.43% below the market average28.43% below the market average28.43% below the market average28.43% below the market average
28.57% below the sector average28.57% below the sector average28.57% below the sector average28.57% below the sector average28.57% below the sector average
Income Not Available
Growth
55.29% above the market average55.29% above the market average55.29% above the market average55.29% above the market average55.29% above the market average
78.95% above the sector average78.95% above the sector average78.95% above the sector average78.95% above the sector average78.95% above the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

PCTN Dividends

  Latest Previous
  Q4 Q3
Ex-Div 09-May-24 08-Feb-24
Paid 31-May-24 29-Feb-24
Amount 0.93p 0.88p

Trades for 17-May-2024

Time Volume / Share Price
16:35 29,557 @ 68.80p
16:35 611 @ 68.80p
16:35 514 @ 68.80p
16:35 92 @ 68.80p
16:35 348 @ 68.80p

PCTN Key Personnel

CEO Michael Morris
CFO Saira Johnston

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