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Armillary Private Capital
28-09-2010, 01:07 PM
Dorchester Property Trust will commence trading on Unlisted on Friday 1st October 2010.

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=1763

blackcap
28-09-2010, 02:16 PM
Thats good news for debenture holders I guess. At least it provides liquidity that would otherwise be lacking. But jeepers how do you value the things?

D_Pick
28-09-2010, 08:40 PM
$33m as a starting point (Independent Adviser's Report dated 9 June 2010), plus or minus a view on the outlook for the Hotel and Apartment property market?

Will be interesting to see where the market cap settles for this property portfolio.

Goldridge Resort (Queenstown)
One Riccarton Road Parkview Hotel (Christchurch)
Emerald Hotel (Gisborne)
Frankton Arms Apartments (Queenstown)

Armillary Private Capital
11-03-2011, 04:28 PM
Dorchester announces the sale of the Frankton Arm Apartments
Dorchester Pacific, as Manager of the Dorchester Property Trust, today announced that it has signed an agreement for the sale of the Frankton Arm Apartments in Queenstown, at the carrying value of $2.3 million.

See link for further detail.
http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=1827

blackcap
12-03-2011, 08:40 AM
Good to see that the Hotel in Riccarton has sustained only cosmetic damage. Also nice to see a "dividend" coming for ex Dorchester debenture holders.

Armillary Private Capital
01-04-2011, 09:08 AM
Dorchester Property Trust - Letter to Unit Holders

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=1832

Armillary Private Capital
04-11-2011, 09:46 AM
DPT has resumed trading today

Armillary Private Capital
24-10-2012, 10:04 AM
Dochester Property Trust Annual Meeting

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2116

Armillary Private Capital
19-11-2012, 01:22 PM
Dorchester Property Trust Annual Report for the year ended 31 March 2012

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2132

blackcap
02-07-2013, 03:30 AM
are there any old Dorchester Debenture holders out there that have some of these units and want to discuss? I hold a few from the wash up of debentures. Im just glad Im in the money now that the dorchester share price has taken off the last year or so (incl options) Have since sold all shares and options but am holding onto these units. The Trust is debt free and seems to be cashflow positive. Just hope they manage to sell at least one more property before years end. Seems to be a bit more buying interest today with a bidder at 45 cents.

POSSUM THE CAT
02-07-2013, 09:04 AM
blackcap have some of these but just in the bottom draw

blackcap
02-07-2013, 11:57 AM
blackcap have some of these but just in the bottom draw

Yes I have a few too Possum. Was just wondering what people think a fair price is for these. They were issued at $1 when the Dorchester Capital Reconstruction/ save the company happened back in 2010. Debenture holders got issued them so the register would be very large methinks with a lot of little holders. I know a few associates who hold lots of under 5000. The hotels (3 left) are debt free which is a good thing but they did state they wanted to sell all properties by 2013 and wind up the trust. However I dont see this happening. My queries is really as to the "real" value of the hotels and what people think they can get for the trust.

POSSUM THE CAT
02-07-2013, 12:12 PM
blackcap would be great if they made Share Offer to take them back into the company.

blackcap
02-07-2013, 12:48 PM
blackcap would be great if they made Share Offer to take them back into the company.

It would it would, but I can see hell freezing over before that happens :)
Still I think its worth keeping them in the bottom drawer and waiting for the sales to take their course. If they can sell one other hotel (approx 8-10 mill) that will be cash of about 25-32 cents as a payout. Bring it on.

Armillary Private Capital
02-08-2013, 02:10 PM
Dorchester have provided their financial accounts and a letter to unitholders, see here:

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2251 and
http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2252

Armillary Private Capital
09-08-2013, 08:06 AM
New Issuer Profile posted:
http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2254

Armillary Private Capital
24-10-2013, 01:39 PM
Notice of annual meeting:

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2297

Armillary Private Capital
11-12-2013, 10:10 AM
Sale of commercial premises at Riccarton Road announced (http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2344).

blackcap
11-12-2013, 12:08 PM
Sale of commercial premises at Riccarton Road announced (http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2344).

Thanks for updating us Armillary...

Armillary Private Capital
20-12-2013, 04:05 PM
DPT has been released from a trading halt (http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2349)following its capital distribution.

Armillary Private Capital
30-05-2014, 09:35 AM
DPT presentation (http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2386) from the Hamilton Unlisted Forum.

Armillary Private Capital
02-09-2014, 12:01 PM
2014 accounts (http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2430)and notice (http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2431)of annual meeting are now up.

Armillary Private Capital
02-09-2014, 12:01 PM
2014 accounts (http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2430)and notice (http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2431)of annual meeting are now up.

Armillary Private Capital
04-09-2014, 04:41 PM
Issuer profile updated (http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2433)for 2014 results.

Armillary Private Capital
16-03-2015, 12:23 PM
Update (http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2486)for unitholders.

Armillary Private Capital
15-05-2015, 03:01 PM
Notice of special meeting. (http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2518)

Armillary Private Capital
15-05-2015, 03:02 PM
DPT put in trading halt pending sale announcement. (http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2520)

Armillary Private Capital
18-05-2015, 01:18 PM
Notice of sale of property. (http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2522)

Armillary Private Capital
22-07-2015, 05:14 PM
Sale of Apartments, annual meeting & nominations for director (http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2560)

Armillary Private Capital
31-07-2015, 02:38 PM
Annual financial statements. (http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2579)