Land Securities Share Discussion Threads

[barlick] 18/5/2011 17:59

Glad to own these too. If they can produce results like this, in a not too positive environment, then I look forward to the future.

Getting my dividends as Scrip so the future looks bright!

[josels] 18/5/2011 14:16

gald to own these, nice dividend too

[careful] 18/5/2011 08:53

great results today.
market loves them...up6%.

[arja] 28/2/2011 08:34

chart looking good - likely to get to about 870 in the not too distant future .

[blunderbuss] 18/2/2011 07:49

Not a Chartist but I suppose it depends how you read the market decision making from the lines. Over the last 2 years lows have got higher - sell offs less severe = bear case less strongly held to. Constant resistance to rising over the same period = lack of conviction for the bull case. When the 2 lines meet the market psychology may become schizophrenic and then form a view, more likely to be a break upwards rather than downwards.

Big weakness is that this ignores all market fundamentals and the prospects of "events".

[brightontrader] 16/2/2011 18:56

Nellie: I am not sure that shapes on a chart are going to make a lot of difference to the types of investors on this stock.

Can you tell me exactly how you can tell from the chart that you may get a break out. I have a cup of tea here, perhaps I should look in the remains of the cup for further advice.

[chri5 wright] 16/2/2011 13:35

I was given a tour around the Trinity development site in Leeds on Friday, WOW this is going to be a real jewel in the crown.

[losses] 16/2/2011 08:16

Might soon get a breakout here:

[nellie1973] 08/2/2011 16:45

Broker notes out

[spital23] 29/1/2011 22:56

Strange - A buy selection from The Fleet Street Letter on Friday morning and nothing happens!

[losses] 19/1/2011 11:22

LONDON (Dow Jones)--Land Securities Group PLC (LAND.LN), the U.K.'s largest real-estate investment trust, Wednesday said it expected occupational demand from large corporate tenants to remain steady in 2011, despite the challenging outlook for the U.K. economy.

"Our focus on executing the plans we laid out for the year is bearing fruit," said Chief Executive Francis Salway in a trading update. "Having initiated a large development program, we are delighted to have achieved lettings on a number of projects which will drive both valuation surpluses and income growth."

Land Securities entered its fiscal fourth quarter confident in its ability to continue to exploit opportunities created across its portfolio, Salway said.

"We expect a wider range of buying opportunities in 2011, although current flows of capital into the sector mean that bidding may remain competitive," he added. "The first quarter of 2011 is likely to see mixed news flow around the consumer and the economy, but we expect occupational demand from large corporates to remain steady."

As an indicator of its success in 2010, Land Securities points to London's One New Change, a development in the heart of the City and a short distance from the landmark St. Paul's Cathedral and Paternoster Square, home of the London Stock Exchange.

One New Change reached practical completion with the shopping center opening Oct. 28. Its retail units were fully let and trading ahead of expectations, the company said. Office space at One New Change is 51% let with another 20% in solicitors' hands, suggesting that agreement is close, bringing the development to 80% let.

Salway told reporters that average rents at One New Change were over GBP50 per square foot per year, whereas a year earlier Land Securities would have expected that to be in the forties.

Salway sees buying opportunities in 2011 as banks reviewed their loan portfolios and brought forward assets for disposal. "We expect that to continue to gain momentum as we move through 2011," he said.

Land Securities had GBP1.75 billion in financing facilities and cash available at the end of 2010, said Finance Director Martin Greenslade.

The company in its interim management statement said its net debt at Dec. 31 had edged up to GBP4.20 billion from GBP4.15 billion at Sept. 30, but the weighted average cost of its debt had slipped to 4.9% from 5.3% and the average duration of the debt fell to 11.6 years from 11.9 years.

Its loan-to-value ratio fell to 41.7% from 42.1%.

Land Securities proposed a third interim dividend payment for the current financial year of 7 pence per share.

At 0844 GMT, its shares traded up 8 pence, or 1.1%, at 706 pence while the benchmark FTSE 100 index traded roughly flat. The stock has gained 5.4% in value in the past 12 months.

[nellie1973] 12/1/2011 13:28

Broker upgrade today

[nellie1973] 14/12/2010 11:04

Broker upgrade

[nellie1973] 01/9/2010 14:34

Broker upgrade

[twozuluzulu] 26/8/2010 09:12

can anybody tell me the name of the ceo and fd of this company many thanks in advance.
regards tzz

[fundjockey] 30/7/2010 20:22

Is there anyone there? Is anyone investing in Land Securities? Is there life? Is this the time to be getting back in?

FJ

[djalan] 20/6/2010 10:20

Quite times

[shammytime] 31/5/2010 20:37

What a bargain!



In Byala, south of Varna.

[philo124] 25/5/2010 11:19

Not the best decision i've ever made!

[philo124] 07/5/2010 10:07

CLOSED FTSE 5400 june short 66% profit- phew!
Still holdind short here.

[pillion] 04/5/2010 12:06

If the share price goes below the bands on this chart I am out -- Pronto !
Weekly chart

[philo124] 04/5/2010 12:00

Thanks, will have a look. Still hold FTSE 5400 put. I have now learnt not to bet against the
trend, something i should have known, but held on even when the index went through
5800: so may still work out.

[pillion] 04/5/2010 11:52

Phil
Sold half my LAND, put it in MEC
Chartwise looks fair to good

Spell still in place