MARKET TALK: Land Securities Sale Offers Compelling Return

17th Jun 2010 09:00

0800 GMT [Dow Jones] Land Securities' (LAND.LN) forward sale of the Park House development de-risks the development pipeline and offers the potential for a more compelling return at a low risk, says Evolution Securities. Says "the sale price of GBP250M represents a GBP33M premium to the total development costs incurred to date and represents a 15% profit on cost." Maintains add rating and target price at 700p. Shares flat at 629p. ([email protected]) Contact us in London. +44-20-7842-9464 [email protected] (END) Dow Jones Newswires June 17, 2010 04:00 ET (08:00 GMT)

Top Risers

Share	Price	Change
The Revel Collective (TRC)	0.275	83.33%
Tanfield (TAN)	4.50	26.4%
Gelion (GELN)	15.00	25%
Cropper (J) (CRPR)	285.00	19.17%
Thruvision Grp (THRU)	1.90	18.75%

Top Fallers

Share	Price	Change
Pantheon Resources plc (PANR)	25.80	-39.15%
Acuity RM Group plc (ACRM)	1.10	-24.14%
Metals One (MET1)	39.50	-17.71%
Earnz Plc (EARN)	3.45	-14.81%
Rockfire Resources (ROCK)	0.0775	-13.89%

Top By Volume

Share	Price	Volume
Caledonian Hold (CHP)	0.00325	1,186,125,669
Woodbois (WBI)	0.0475	608,698,948
Mosman Oil & Gas (MSMN)	0.0455	547,079,210
Ethernity Net (ENET)	0.0235	347,574,424
Tower Resources (TRP)	0.0245	341,659,002

All prices are delayed by at least 15 minutes. Share Compare cannot be held responsible for the accuracy of share prices shown on this website, and investors should be aware that share prices can go down as well as up. Share Compare does not offer advice, and is not regulated by the Financial Conduct Authority.