Bought a few today as it seems to be on the road to recovery after a rocky time. Directors bought in at 13p on 9th September. dyor etc.
www.ashleyhouseplc.com

There's a shortage of stock here, it's difficult to buy any except than over the asking price.

http://www.telegraph.co.uk/women/womens-life/10338618/It-shouldnt-be-this-hard-to-care-for-my-elderly-parents.html

Share Options
RNS
RNS Number : 3015P
Ashley House PLC
30 September 2013







30 September 2013



Ashley House plc (the "Company")



Share Options



At the Company's AGM in September, shareholders voted to approve the Management Incentive plan. Following this approval, the Remuneration Committee of the Company has now formally completed implementing the first part of the scheme and accordingly, the Company announces that the share option element of the scheme has been enacted today.

Under the scheme the Company has granted share options to current executive Directors and members of senior management in respect of 5,225,000 ordinary shares, representing 8.92% of the current issued share capital of the Company.

The options granted to the Executive Directors are as follows:



Name
Position
Number of shares under option

Jonathan Holmes
Chief Executive
1,100,000

Antony Walters
Finance Director
1,000,000

Richard Darch
Executive Director
1,000,000

Total


3,100,000




The remaining 2,125,000 share options have been granted to senior management of the Company.



The options, which have an exercise price of 15p (which was approved at the AGM) will not be exercisable unless and until the Company's share price equals or exceeds 37p for a period of at least 20 consecutive working days and upon exercise is at or above the 37p threshold.

The second part of the Management Incentive Plan will be announced in due course.

A couple of large trades this morning have pushed the sp up. Next target now 30p.

£21m plan for 100 homes on site of former Eastwood Primary School


By Nottingham Post | Posted: October 29, 2013

By Alexander Britton

DETAILS of a £21 million development of more than 100 homes in Eastwood have been revealed.

The development is planned for the site of the former Eastwood Primary School, which closed in 2004 and was demolished a year later.

The site at Walker Street has since been derelict but the new plans are for 140 one and two-bedroom apartments and bungalows, including 30 extra-care units reserved for residents who will have their support paid for.

The new development will also have space for communal facilities such as a cafe, hairdressing salon, well-being clinic, fitness room, library and IT studio.

When the scheme was announced, former Eastwood mayor Brian Griffin said: "Anything which will make up the losses we have seen in care for the elderly is a good thing.

"A lot of people in the town couldn't understand when a care home in the town was sold off and demolished.

"We have a lot more elderly people than we used to so they need looking after."

The new homes will replace those lost at the Beauvale Court care home, which was demolished in 2010.

Notts County Council is proposing to invest £2.1m in the scheme, which will also benefit from a £19.2m investment from Ashley House Plc and will be built by Kier Construction.

Residents of the area can find out more about the scheme at a consultation event next Monday.

It takes place between 3pm and 7pm at St Mary's Church, Church Street, Eastwood.

The new development would be similar to Hilton Grange, in West Bridgford, and Moorfield Court, in Southwell.

Yvonne Woodhead, vice-chairman of the county council's adult social care and health committee, said: "We want to increase the choice available to older people needing support and extra-care offers its residents greater independence than traditional residential care with the comfort of on-site care staff."

Jonathan Holmes, chief executive of Ashley House, said: "We are keen to speak to local people to hear their views and discuss what this exciting scheme has to offer."


Read more: http://www.nottinghampost.com/pound-21m-plan-100-homes-site-school/story-20000993-detail/story.html#!#ixzz2j7DmHDZx

Trading update due out soon. Interesting chart.

Next immediate resistance is probably 25p and there is a nice bowl forming on the chart in the header which goes up to the 80p level in 2010.

Impressive.

MMs short of stock here - current offer price quoted as 24.75p and the latest buy of 40k was at 25.25p.

Looks ready to bounce again after the recent dip - some buyers paying above the offer price.

Up and running early this morning and about to have another go at breaking the stubborn 25p resistance level.

Ditto post 16 ! Keeps looking at 25p then retracing again for a short time.

Broken through the 25p resistance at the third attempt and looks ready to fly North now.

Nice finish today - long term chart from 2009 says this has a lot of mileage left in the next six to twelve months as a recovery play.

Buyers paying over the offer price again - following on from yesterday. Chart looks very promising.

Nice little intraday reversal starting now, looks ready for the next leg-up.

Interim report 2013
RNS
RNS Number : 1039V
Ashley House PLC
10 December 2013







Ashley House plc

Interim report 2013





Ashley House plc ("Ashley House" or the "Company") the health and community care property partner today announces its interim results for the six months ended 31 October 2013.



Highlights

Six months ended 31 October 2013



"The Board is pleased that we have started to build momentum in our new business areas and expects these schemes to further progress through the pipeline to enable the Company to meet its market expectations. This will support the continued recovery of the Company in the medium term."

Christopher Lyons, Chairman





Operational

• Four bid wins in the last six months with an expected scheme value of £22.9m

• Four schemes currently on site with others expected to commence shortly (2012: four)

• Total forward pipeline, on-site or appointed of £103.3m of scheme value yet to be recognised (June 2013: £85.1m; December 2012: £71.3m) (including construction which will not always come through as Ashley House revenue)

• Momentum building in new business with Extra Care pipeline (on-site or appointed) of £62.7m up 46% from the amount disclosed in June 2013



Financial

• Revenue of £5.5m (2012: £7.2m)

• EBITDA of £0.02m (2012: £0.5m)

• Loss before taxation £0.8m (2012: £0.5m)

• Net assets of £18.9m (2012: £17.9m)

• Net debt £1.2m (2012: £2.2m)

• £4m of tax losses to be carried forward

"WH Ireland hoisted their price target on shares of Ashley House (LON:ASH) from GBX 20p ($0.33) to GBX 32p ($0.52) in a research note issued on Tuesday, American Banking News.com reports. The firm currently has a “buy” rating on the stock. WH Ireland’s target price would indicate a potential upside of 23.55% from the stock’s previous close."

Progress update & Posting of Interim report
RNS
RNS Number : 0661X
Ashley House PLC
07 January 2014





7 January 2014









Ashley House plc

(the "Company")



Progress update & Posting of Interim report



Ashley House plc, the health and community care property partner is pleased to announce that the LIFT scheme at Eltham, where the Company has acted as Development Partner to the Bromley Bexley and Greenwich LIFT company, has reached financial close. This has provided a significant cash inflow into the business with payment of the Company's fees.

The scheme in Eltham is a Community Hospital that will house two GP practices serving the needs of almost 16,000 patients. There will be a GP walk-in service and diagnostic suites that will give GPs and other health professionals access to equipment including ECG, non-obstetric ultrasound, echocardiogram and x-ray. There will be 40 intermediary care beds, out-patient consulting rooms with the capacity to treat around 32,000 people per year, as well as a minor surgery suite to deliver up to 1,500 low complexity procedures per year. A variety of community services will also be relocated to the hospital, such as mental health, community nursing, physiotherapy and paediatric departments enabling the facility to serve the health and well-being needs of thousands of local people in Eltham and Greenwich.


The Company has also received part payment of monies owed relating to a LIFT scheme previously aborted by the NHS in the Midlands and is close to agreeing the final payment. We shall update the market when this is fully received.

These two receipts, which will be in excess of £3m, mean the Company has cleared all items of accrued income or outstanding payment from its balance sheet that were significantly impacted by the abolition of the PCTs.

Ashley House plc also announces that its interim report for the six months ended 31 October 2013 has been posted to shareholders.

Copies of the interim report can also be obtained from the registered offices of the Company at 6 Cliveden Office Village, Lancaster Road, Cressex Business Park, High Wycombe HP12 3YZ. A PDF version is also available to download from the Company's website at www.ashleyhouseplc.com.

Tipped somewhere today I believe and a nice bowl forming on the chart.