Anyone in Speymill ? (Was Wigmore grp)
Good rise today..should be good going forward..

Up 12% again today.
I can't complain but to tell the truth I'm not really sure why I'm into this stock so heavily, there's hardly any really firm information - Just rumour and inuendo and buying buy City Slickers.

It's still onwards and upwards... not selling just yet.. my original WGT buy is still way behind.. but my 2nd buy when it was at it's lowest is much better. Shame I didn't buy alot more ! still, there must be alot further to go. it's looking good !

Up again today.can't be bad ..it's been a good week for SYG and has saved my portfolio as nearly everything else has gone down.

Will we see an end of week profit take ? or will it hold continue to strengthen ?

Picked this up today, (I missed it yesterday)... don't know what it all means but it looks good... I'm staying in....


Speymill Group PLC
09 November 2005

PRESS RELEASE

9 November 2005



Speymill Group PLC



Speymill announces 750 million Berlin property fund



The board of Speymill Group PLC (the 'Company') is pleased to announce that the
Epicure Berlin Property Fund (or 'Fund') has been closed, and has raised equity
of 148 million.



The Epicure Berlin Property Fund is the first of the property funds to be signed
by Speymill Property Managers Ltd ('Speymill Property Managers') and it is
expected that the Fund will acquire assets which will give it an eventual size
of approximately 750 million, (approximately US$900 million) due to the
ability of the Fund to take on mortgage and other forms of borrowings.

Speymill Property Managers and GOAL Service GmbH ('Goal') (the joint venture
company in which the Company has a 51% interest) will provide both property and
fund management services to the Fund under the previously announced Investment
Advisory Agreement between the parties. It is expected that this contract will
generate significant income for Speymill Property Managers (including GOAL) as
well as their Geneva based partner Helvetica Wealth Management Partners SA, once
the Fund becomes operational.

The Company continues to maintain ongoing discussions regarding the launching of
additional funds to further the development of its property and fund management
services, complementing the existing contract management skills within the
Company. The Company intends to increase funds under management by the end of
2006 providing a strong platform for further growth.

Bob MacDonald, Executive Chairman, commented:

'We are delighted that the Epicure Berlin Property Fund has been so well
subscribed, and that Speymill Property Managers and Goal Service can now begin
to generate revenues for the Group. We are confident that this new business will
create significant value for Speymill, and discussions continue with other
parties about new funds to be launched in 2006.'

Any tipsheet news out there? The MMs have been leading the price down big time the last two days... Why ? Is it just looking a bit overblown or do they want stock?

No tipsheet around as far as I know at present.
I reckon they want our stock, If you look at the chart the trend points to fall off and then recovers to a higher summit. Will it be the same again this time ? If it follows the same pattern it should now be at the low point point in the current fall off. I would expect the price to start recovering imo..
Let's see what happens....

SP looks to be recovering today so far. I hope it continues but I would be reluctant to buy in at this stage in case it's on its way down and they are just trying to draw people in !...

Equity recently raised at 59p without problem-buying into german property market at low point( always a good move for the long sighted amongst us)-and a fairley good graph with reasonably regular rising peaks and troughs.Should trade above 60p very soon if all the pointers still heading north.I dont think this one is ready for a breather yet......but be carefulout there....

Speymill are looking good again. Does anyone have any idea how far this might go and what the forseeable future holds for them?

Still looking good... I've no idea how far it'll go. I've heard conflicting views for keeping and also for selling... not sure what to do so I'm going to hold for a while..

Picked up this from last weekends press.....obviously had a good impact on the SP... I, for one, will continue to hold... they also plan to go in to Japan,

"The Sunday Telegraph reported on news of a 250m fundraising for a new real estate investment fund by Speymill (SYG.L). The fund is planning to invest in the German residential property sector, which apparently has higher rental yields and is more affordable and is targeting a running return of 7.25%. Around 35% of the fund will be spent in the East of Germany in areas such as Leipzig, Berlin and Dresden. The shares were ahead by 2.00p this morning, trading at 73.50p. "

Thanks, Skyhigh. I think I'll hold too.

Here it is from today's Telegraph......looking good for a big SP rise next week, should break the 1 barrier(imho)... Monday should be interesting !

Take A look at Speymill (75.5p), the specialist manager of property investment funds. On Friday, the company announced that the 250m fundraising for its latest vehicle had been heavily over subscribed, showing the strength of investor appetite and confidence in Speymill's management.

The latest fund is due to be geared up to 1bn, and the money will be invested in the booming German residential market. Following this fund raising, Speymill will have funds under management of 1.5bn, which are expected to generate earnings for the company of around 10m, as long as performance criteria are met.

The property investment division of the company is chaired by Howard Flight, the former Tory MP, but the company is run by Bob MacDonald, a former managing director at Morgan Stanley. He was recruited by Jim Mellon, the international financier, who holds around 45 per cent of the shares in the company.

With further funds in preparation and a current market value of less than 30m, Speymill is well placed to grow, especially if Real Estate Investment Trusts are introduced in the budget this week. Buy.

Share price is touching the upper bollinger band, which means?

KD.

Dissapointed with Speymill this week... expected it to move a lot higher...perhaps it will in the next few weeks... It'll take us by surprise !

Does anyone know when final results are due?

Looking at the old WGT results, apart from last yr,(special sit.) full results have been released the first week of April (for yr ending 31Dec)

So we should see them released in the next week or two (imo)

"Speymill (SYG.L) appeared in Saturdays Guardian, which noted that the Companys shares rose as nearly 700k shares were traded. This was following a tip in a German magazine, as the Company has property funds in the country and momentum appeared to spill over into Monday mornings session, where the share price added 2.75p to 86.50p"

SP pulled back to 81p this morning but... it's looking ever encouraging..

Just released....
"The Company announces that at the annual general meeting held on 22 May 2006 all
resolutions proposed at the meeting were passed. The full text of each
resolution was set out in the notice of annual general meeting circulated to
shareholders on 28 April 2006.
A trading update will be issued by the Company in the near future"

The trading update should be interesting.... should also give details on near future addtitional fund launches (Japan?)

Plenty left in the tank on this one methinks

Tipped as a buy in today's IC.No doubt explains all those buys yesterday???

the "buy" tips are coming in thick and fast from all directions... the news gets better !

There's also a trading update due "in the near future" I take this to be in the next week or two.
It's all loooking very good.. :)

Might even get to break even on my original WGT holding from all those years ago !