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HMSO Hammerson Plc

26.70
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Hammerson Plc LSE:HMSO London Ordinary Share GB00BK7YQK64 ORD 5P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 26.70 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
26.60 26.70
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Investment Trust 129M -51.4M -0.0103 -33.01 1.69B
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 26.70 GBX

Hammerson (HMSO) Latest News

Hammerson (HMSO) Discussions and Chat

Hammerson Forums and Chat

Date Time Title Posts
26/1/202410:32HMSO Charts3,140
20/10/202109:22HMSO or INTU5
24/7/201803:29Hammerson (HMSO) One to Watch on Tuesday -
29/10/201707:57HMSO News and Charts35
03/10/201722:09The Hammerson Thread84

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Hammerson (HMSO) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-04-18 16:24:4426.7093,11024,860.37O
2024-04-18 16:22:0926.322,379626.11O
2024-04-18 16:21:5126.317,8152,056.28O
2024-04-18 16:19:1726.4520353.70O
2024-04-18 16:09:5326.46164.23O

Hammerson (HMSO) Top Chat Posts

Top Posts
Posted at 18/4/2024 09:20 by Hammerson Daily Update
Hammerson Plc is listed in the Real Estate Investment Trust sector of the London Stock Exchange with ticker HMSO. The last closing price for Hammerson was 26.30p.
Hammerson currently has 4,969,875,505 shares in issue. The market capitalisation of Hammerson is £1,689,757,672.
Hammerson has a price to earnings ratio (PE ratio) of -33.01.
This morning HMSO shares opened at 26.70p
Posted at 12/9/2023 10:33 by williamcooper104
Yep Bringing back VAT free shopping for tourists would really help Bicester Rob Noel almost certainly saved land securities from going bust, and is likely to right the ship here - but don't see a quick recovery - obviously a UK consumer recession won't help My short profits from HMSO happily tucked up in the 26 and 28 bonds At some point Bicester will trade and a lot of bonds will be redeemed
Posted at 31/8/2023 22:11 by jaknife
That's a reasonable summary, they're looking to tender for the 2025 3.5%s and the 2026 6.0%s. On the face of it:

1. The 2028 7.25% bond is being placed with a single solid holder who isn't expected to trade it.

2. There must be a lot of loose 2025 3.5% bonds and 2026 6.0% bonds, which can presumably be picked up cheaply.

3. The investor must have a preference for a five-year bond (which the 2028 7.25% bond effectively is now) rather than the shorter maturities.

4. The net effect for HMSO is that they've extended the term of their debt, which most corporates are normally happy to do.

JakNife
Posted at 31/8/2023 16:59 by khinko
Hi, Anyone can explain that Is it correct my understanding that HMSO is trying to redeem 3.5% bonds maturing in 2025 and 6.0% bonds maturing in 2026 with the proceed from issuing GBP100m with 7.25% coupon bonds maturing in 2028?If it is correct, why they are doing like this?Thanks.
Posted at 31/3/2023 09:29 by jas0701
Here’s my take on HMSO, please correct me if I’m wrong.
This is from Hammerson PLC Final Results
Group portfolio value of GBP5.1bn (2021: GBP5.4bn)
Market Cap. 1,145.15m with share price at 24.86
So the share price that HMSO should be 4.45 x 24.86 = 110 pence ( Huge potential there !!!)
Long way to catch up.
Continues to anticipate re-instating a cash dividend for 2023
Even though not confirmed as yet but Please don’t sell and hold on for dividend as Final Dividend most of time been around end of March and beginning of April every year.
28 Jul 2022 Interim GBX 0.20 31/12/2021 31/12/2022 06/10/2022 07/10/2022 03/11/2021 -
04 Mar 2022 Final GBX 0.20 31/12/2020 31/12/2021 31/03/2022 01/04/2022 10/05/2022 0.40
05 Aug 2021 Interim GBX 0.20 31/12/2020 31/12/2021 28/10/2021 29/10/2021 07/12/2021 -
12 Mar 2021 Final GBX 0.20 31/12/2019 31/12/2020 01/04/2021 06/04/2021 13/05/2021 0.4
Posted at 17/3/2023 11:50 by jas0701
Fill your boots with HMSO !!!Amazing opportunity created by the current crisis!!!
Posted at 02/11/2022 07:41 by jas0701
388,170,526 New Shares to be admitted to trading on the London Stock Exchange, Euronext Dublin and the Johannesburg Stock Exchange, which will bring the total number of issued 5 pence ordinary shares in the Company to 5,002,265,607.How is 388,170,526 New Shares going effect the share price on Thursday?Looks like there will be a massive overhang, until these shares are absorbed. massive dilution there.I think the share price will plummet on Thursday. Any thoughts please ??
Posted at 05/10/2022 02:36 by jas0701
Can anyone in the know explain Court hearing to confirm the Proposed Capital Reduction please What is HMSO trying to do there?Will it effect share price?Any thoughts on holding shares for the dividend? is it worth it or not.
Posted at 22/7/2022 13:45 by trcml
I've bought in again, thinking that as the NAV is valuation opinion such is likely to be less cautious now that confidence has returned to the market NAY is just over 60p so the prevailing share price is circa 35% of that, HMSO properties are undoubtedly prime and provide scope for a range of initiatives beyond pure retail: for example, office development, residential flats, car parking, battery storage development (for which demand is currently hot). >ok, retail leases are shorter and more flexible and retailers expecting and still getting good deals but rent collection has effectively returned to normal; and really the only benefit of revenue is to fund borrowing and pay employees. Had HMSO - and for that matter any other propco, been valued solely on cash-flow the share price would've always been much lower. >Interim results 28 July 2022.
Posted at 10/6/2022 16:45 by nickrl
research i find HMSO difficult to dig into its viability with its various JVs and associate holdings along with the risk from exchange rates. share price just drifts down and down yet no RNS indicating institutional selling.
Posted at 18/10/2021 10:09 by trcml
I read your article. I am not a shareholder but I do know about commercial property which is my work as a professional adviser. Your own purchase share price is of no consequence (except to you) as sps are volatile at the best of times so it is very much a question of timing when to to buy).HMSO was in the FTSE 100 before it was demoted. Demotion implies inability to keep up. HMSO's decision to sell its office investments and focus on retail was also regarded by some as a mistake. You seem to have assessed HMSO's prospects based on rental revenue whereas prop-cos are valued to capital NAV. the drastic fall in the number of shopping centre investment sales in recent years is causing valuers to adopt a very cautious approach. Retailers nowadays want short term leases with break clause which affects the security of the rental stream. So for example instead of a 20 year lease with 5 yearly reviews which in the past might for a prime proposition have been valued at 4 or 5%, we now have 3 or 5 year leases with tenant break clause and no reviews valued at around 10%. (a suggestion o this forum some time ago as to why not break up the shop ping centres and sell the individual shop investments is a ndisableder because there is more to a shopping centre than the overt: the service charge takes care of the repair and maintenance of extensive communal areas including the car parking and air-conditioning. The costs could be apportioned but whether individual investors would be willing to take on the responsibility in the event the tenant fails to pay is unlikely.) HMSO haven't been as fortunate as many other prop- cos in getting 100% or close to rent paid each quarter. Many multiple retailers are on monthly rentsL accommodated but disliked. HMSO holdings are prime and flagships in good stead is of little consolation if the centres are not performing.

Most prop-cos borrow to finance their investments and developments. The cost of finance takes its toll both on operational non-recoverable expense and capital value. The loan-to-value covenant has to be maintained. HMSO was heavily indebted (not as dire as Intu which collapsed under the weight of its debt). It does not follow that selling assets to reduce debt there would be enough or anything left over. All in all, HMSo is not out of the woods yet. A sign of light will be when HMSO stops offering shares in exchange for shareholders not wanting dividends in cash.
Hammerson share price data is direct from the London Stock Exchange

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