Added to YB: 2026-04-29
Pitch date: 2026-04-24
SPDI.L [neutral]
Secure Property Development & Investment Plc
Author Info
No bio for this author
Company Info
Secure Property Development and Investment Plc is an AIM listed property development and investment company focused on the South East European markets.
Market Cap
GBP 1.9M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
1.3K
P/E
-6.56
EV/Sales
2.90
Sector
Capital Markets
Category
special_situation
Theodosian Capital | Stocks Update 24/4/2026 - SPDI – Yet another disappointing update
SPDI.L (update): Eastern Europe REIT struck deal to transfer assets to Arcona (Netherlands) for shares, distribution to shareholders delayed since Sep (still pending). Nov announced reverse takeover talks w/ Canadian energy storage firm + €0.5M loan; €250K tranche overdue (Dec→Apr 20), now negotiating revised payment plan. Author holding only for Arcona share distribution, views situation as 'deeply unsatisfactory.'
Read full article (2 min)