Share Name Share Symbol Market Type Share ISIN Share Description
Local Shop. LSE:LSR London Ordinary Share GB00B1VS7G47 ORD 20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.375p -1.28% 28.875p 28.50p 29.25p 28.75p 28.75p 28.75p 63,000.00 16:35:11
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment Trusts 0.0 0.6 0.8 38.0 23.82

Local Shop. Share Discussion Threads

Showing 2076 to 2099 of 2100 messages
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DateSubjectAuthorDiscuss
27/3/2017
18:11
Increased my price today, but still didnt get any. Will watch the auction on Thursday, and may up it again. Some impressive numbers today, and I'm edging up my target price a little, so may pay up. I know Internos monitor the boards, so I hope they will answer hillofwad on the use of Allsop's during this process.
tiltonboy
27/3/2017
18:03
Tilts..tempted to add?
badtime
27/3/2017
16:09
Last lot a bit of a stoner but overall the lots I suspect are showing over book A good day's work
hillofwad
27/3/2017
16:08
Thought the last lot might have gone for a bit more than 50K...lol...but I'm not going to complain about today's work!
tiltonboy
27/3/2017
16:06
got a lot of dough for the bakers shops
ntv
27/3/2017
16:01
hillofwad, A good question and I will pose it to them again.
tiltonboy
27/3/2017
15:54
Tilts Yes smashed it The Bakers athough a good covenant and wouldnt be surpised if they have bought in the FHh themsleves wouldnt be sitting in the books a anything better than 8.75%
hillofwad
27/3/2017
15:51
Couldnt be happier with results
hillofwad
27/3/2017
15:49
Two stunning results on the bakers shops with both going substantially above guide, selling on yields of 7% and 7.6%. Another 400k in the bag!
tiltonboy
27/3/2017
15:49
Lot 126. £150k guide sold £220k !!! Lot 127 guide 130k sold 172k Incredible . Begs the question why havent they been using Allsopps before !!
hillofwad
27/3/2017
12:20
The sale of the Corals at 5.8% in Gravesend is really pleasing They must have quite a bit of similar stock let to good covenants where there is 6-8years remaining on the lease
hillofwad
27/3/2017
12:04
Great results
hillofwad
27/3/2017
10:54
Lot 21 goes at £582.5k on a 7.3% yield, against a 540k guide. Looks like a good morning's work, with just a bit of dross in the afternoon session.
tiltonboy
27/3/2017
10:36
TB lot 8 sounds like a good sale
ntv
27/3/2017
10:35
I bought some items in an auction recently paying well above the guide price and then sold them a few days later over three times the price i paid including the fees nice bit of fun and paid a few bills!!
ntv
27/3/2017
10:35
Lot 8 was sold on a 5.8% yield, so hopefully a bit above book. In the range of 500k to 1m LSR have only 18 properties with an average yield of 9.6% . Lot 13 was sold at the top end of guide at 350k on a 7.4% yield.
tiltonboy
27/3/2017
10:31
most things in auction have a low guide price to attract buyers so getting sold well above guide price is not always good Are they selling above LSR's nett asset value after costs? we have no idea of that
ntv
27/3/2017
10:22
Great start with Lot 8 going for £710k v 550-575 guide.
tiltonboy
26/3/2017
17:48
On the subject of auctions, whilst no properties appear to have been sold prior this time, Allsop have tightened up the reserves on lots 13 & 21 which may suggest that there has been some interest. Also the lots are now shown on Pugh's website for the April auctions. LSR are interested in lots 33,59, 82 & 112. Additionally, and regarding the February auctions, lot 192 (Grimsby £20k) is now showing as sold and lot 76 (Fleetwood £75K) which was not offered at that auction and was due to be included in the April one hasn't been so it's presumably been sold. Internos doing a decent job hopefully.
strathroyal
26/3/2017
09:09
The gallery appears to have been updated with some new properties. Hopefully we get a decent result tomorrow.
tiltonboy
25/3/2017
06:13
Jamiejark Auctions "with particularly strong bidding seen for lots coming forward in the £1m to £5m value range, "demand for properties within the M25 was exceptionally strong towards the end of the year. In December, all the London lots sold and the average lot size rose to £1.4m.2 Yes the auction houses are good homes to unwind LSR's proeprties but investors increasingly are movin gtowards quality investment where yields are compressing I dont think that is the case to £50-£400K lots up North or Scotland which are unlikely overall to achieve the book value where leases are very short with the prospect of having an empty shop to deal with This has been evidenced by the mixed bag of results at the recent auctions. LSR have a few well located shops let to Corals in the South with shortish leases coming up at the next auction The results of these will be very telling could sell for a capital sum reflecting a net yield from anywhere from Sub 8-10%
hillofwad
24/3/2017
23:41
Second top lasts sentence should be noted as well
badtime
24/3/2017
22:59
It seems to be a growing trend that more and more buy-to-let investors are moving into the commercial auction market which should bode well for LSR over the next 12 months. Transactional volume in auctions is growing which is always the key yard stick for a healthy property market. Yields also appear to be continuing to compress. The recent article in Property Week below seems to support this... "The volume of investment-grade commercial property sold at auction in 2016 grew by 10% to £820m, the latest Commercial Property Auction Data (cPad) report has revealed. The report, which was prepared by MSCI and auction house Acuitus using auction sales data from the Essential Information Group, showed that the number of lots sold last year grew sharply as well, by 33%. The strong performance, which contrasts with the sharp drop in transaction volumes across the wider commercial market, was driven by high demand from high-net-worth investors put off the residential sector by the increasingly punitive tax regime. Acuitus founder Richard Auterac said he expected this trend to continue to drive sales this year. Activity in the first auctions of 2017 suggest that high-net-worth investors will remain active in the auction room - Richard Auterac “Activity in the first auctions of 2017 suggest that high-net-worth investors will remain active in the auction room, with particularly strong bidding seen for lots coming forward in the £1m to £5m value range,” said Auterac. “With ongoing economic and financial market uncertainty, which will undoubtedly persist over the coming 12 months, the commercial property sector is capturing investor predilection for real investment assets. “Furthermore, the compounding of tax increases for residential buy-to-let investors is also driving large-scale investors in this sector to switch capital towards commercial real estate.” In the immediate aftermath of the Brexit vote, investors showed little sign of being put off London. Although the proportion of London assets sold fell, demand for properties within the M25 was exceptionally strong towards the end of the year. In December, all the London lots sold and the average lot size rose to £1.4m. Office gains Retail continued to dominate the auction room, but the sector’s share of transactions dipped from a long-term average of 67% to 64% last year. Meanwhile, the office sector gained share thanks to a large number of high-value assets offered for sale, notably from institutional funds and banks looking to take advantage of strong demand from high-net-worth investors. The office sector also recorded the biggest movement in yields, which were down 48 basis points year on year. Yields hardened across all sectors last year except leisure. Auterac said this trend might not continue in 2017 as pricing on riskier assets came under pressure. “Despite the evident and growing demand for commercial property among private investors, there are challenges to the market,” he said. “The current economic backdrop means that the future income of some assets will inevitably be more uncertain. “This will be reflected in the adjusted risk assumptions of investors and therefore in the necessary pricing of such assets.”
jamiejark
11/3/2017
13:53
How the other half live ..sigh
badtime
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