Added to YB: 2025-09-16
Pitch date: 2025-09-12
SPDI.L [neutral]
Secure Property Development & Investment Plc
-58.82%
current return
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 2.6M
Pitch Price
GBP 0.04
Price Target
N/A
Dividend
N/A
EV/EBITDA
1.5K
P/E
-9.04
EV/Sales
3.41
Sector
Capital Markets
Category
special_situation
Theodosian Capital | SPDI – Almost there on Arcona
SPDI.L (update): Arcona spin-out finally happening Sept 15 cut-off date. SPDI's Arcona stake worth €7m spot/€11m at 1x NAV vs SPDI €6m mkt cap - market gives zero value to €6m ex-Arcona assets (5c/share). 50%+ upside potential to Arcona NAV but expect near-term selling pressure post-distribution.
Read full article (2 min)