Added to YB: 2026-06-16
Pitch date: 2026-06-12
PCA.L [neutral]
Palace Capital Plc
-1.47%
current return
Author Info
No bio for this author
Company Info
Palace Capital plc is a real estate investment firm specializing in investment in entities operating in the property sector.
Market Cap
GBP 32.4M
Pitch Price
GBP 1.70
Price Target
N/A
Dividend
9.04%
EV/EBITDA
N/A
P/E
17.70
EV/Sales
3.03
Sector
Office REITs
Category
special_situation
Theodosian Capital | Stocks Update 12/6/2026 - PCA – H1 results
PCA.L (update): UK property co H1 NAV 210p, -14% YTD, ~25% above share price. New buyback to be approved 29 June (more tax-efficient than divs), but distributable reserves only £6.9m vs £12.8m cash. 4 commercial props + York apartments being sold/refurbished; Leamington got higher unsolicited offer. Admin costs > net rental income; NAV hinges on sale prices/buybacks. Gyllenhammar raised stake 11.5%→12.3%.
Read full article (2 min)