I like these!

They hit the floor when relegated from the FTSE 250 but they are starting to make some very nice noises! - Debt refinanced, trading good etc.

Their resuts are only 3 weeks away perhaps things will get exciting

I hope they'll be ok. However I've only a small amount in them, so...........

Stop to 135.0 to lock in + 18.0

I'LL RISK IT!

It's not long since IC said Buy at 1.80!

Out @ 142.0 + 25

Maybe a shrewd move Chris.

Wont lose any sleep over it either way skinny :O)

Final Results.

Financial highlights

-- Profit before tax up 34% to GBP50.4m (2010: GBP37.5m).
-- Shareholders' NAV up 9% to 232p per share (2010: 213p per share), and EPRA NAV up 9% to 250p per share (2010: 229p per share).

-- Realised property profits up 9% to GBP23.8m (2010: GBP21.9m)
-- Net rents up 5% to GBP35.5m. (2010: GBP33.7m).
-- Valuation gains of GBP34m (2010: GBP23m) in a flat market, of which GBP33m (2010: GBP18m) of these gains were driven by active management and planning gain.

-- Gearing at year end of 73% (2010: 72%). All corporate on-balance sheet facilities extended until at least 2014.

-- Terms agreed for new five year debt facilities on KPI joint venture.
-- Dividends for the year increased 10% to 3.3p per share.
Operational highlights

-- Secure development programme for 2012 with commercial developments already on site to deliver in excess of GBP15m profit in 2012.

-- Positive outlook for residential land with good levels of housing sales already achieved and strong on-going demand.

-- Excellent relationship with principal partners Persimmon, Vinci and Salhia: well placed to deliver growing returns in 2012 and beyond.

-- Substantial future pipeline in place, with significant opportunities emerging at:
o Elephant & Castle

o Swansea University

o Longbridge

o Project MoDEL

closed all my positions in SMP for a nice amount :o)

Just sold @149.4 +35.15 - maybe too early as the offer price went up on my sale!!!

Amazing the way it keeps going up seems to be on a mission, not chasing it, was expecting at least some profit taking. Never traded it before 07/03 Ex Divi Date, 20/03 Trading statement,02/04 Final Divi payment.

Yes - looks like a cockup - some sizeable buys going through now - c'est la vie!

A nice rise. Should have had more, but still it's good to have some!

Have you sold JRM?

No, I need to check the market capital there could be a chance of re-inclusion in the FTSE 250 and IC will probably put it as a Buy on Friday, Shares may even like it, it's drifting a little but the run has been good

Good luck!

I would be tempted to buy again on any decent retracement and sold mainly because of the rapidity of the rise.

Ditto skinny :O)

Director buying @£1.525 and £1.54

Ditto skinny :o)

Well held JRM.

160 old support now resistance?