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
  +0.00p +0.00% 27.875p 27.75p 28.00p - - - 0 05:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment Trusts 0.0 0.0 0.0 - 23.00

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Local Shop. (LSR) Discussions and Chat

Local Shop. Forums and Chat

Date Time Title Posts
27/10/201607:57LOCAL SHOPPING REIT :::: Corner shops, or more?1,519
20/2/201512:47*** LSR ***-
29/9/200815:04up 42%3

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Local Shop. (LSR) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
26/10/2016 16:23:5627.7825,0006,943.75O
26/10/2016 15:23:4428.0050,00013,997.50O
26/10/2016 15:10:5328.0015,0004,199.25O
26/10/2016 14:45:5728.0050,00013,997.50O
26/10/2016 14:25:2528.0010,0002,800.00AT
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Local Shop. (LSR) Top Chat Posts

Local Shop. Daily Update: Local Shop. is listed in the Real Estate Investment Trusts sector of the London Stock Exchange with ticker LSR. The last closing price for Local Shop. was 27.88p.
Local Shop. has a 4 week average price of 29.18p and a 12 week average price of 28.21p.
The 1 year high share price is 33p while the 1 year low share price is currently 0p.
There are currently 82,505,853 shares in issue and the average daily traded volume is 126,029 shares. The market capitalisation of Local Shop. is £22,998,506.52.
gfrae: Do we know what price he sold at? I note that on the 8th of August the share price was 25p.
scburbs: The company has already disclosed the implications of one new strategy. They would be able to pay a distribution yield of 6% against the NAV of 43p. If they change to this strategy it should provide for a material increase in the share price given the current yield is much higher. However, with the high yield properties and low cost of debt they should be yielding way over 6% of NAV so clearly some material cost cutting needing in this strategy to achieve an even higher yield on NAV. "The Directors will continue to keep the dividend policy under review and will consider reinstating distributions when this is justified by the Company's overall financial position and the prospects for ongoing income generation. The current recurring income (adjusted for an estimate of the reduced cost of debt and property sales during the period) implies a recurring EPS of 2.6 pps and an EPS yield of 9% on the closing mid-market price of 29.29p on day prior to this report. However, future recurring income may be affected by factors such as further asset sales and changes in the Company's cost of debt."
strathroyal: I think this is week 7 after the latest auctions so LSR should have completed on all of the sales by now. Perhaps the increased activity in the share price is because we are going to get an IMS. Also, as gfrae notes, interest costs will halve this year which should see the company comfortably in profit and being a REIT it will have to pay a dividend.
my retirement fund: Everything seems in place here and there is masses of ever growing value to be unlocked and there has been for a number of years. Other than management who simply cannot be trusted and lack any credibility of acting in the best interests of the shareholders. The share price tells you everything you need to know about them. One wonders how they sleep at night ?
orinocor: So the share price is down 15% since the referendum result. That's probably a lower drop than many property companies. Struggling to see why folks thinks this is any more of a buy at 25.5p than it was at 27.75p in June.
tiltonboy: truly remarkable stuff. The heat is intense which makes even more remarkable. We have to keep moving into the shade, and my fair lady has been struggling. I'm expecting some pretty significant inflows this year as LXB, JIGI,and JPEL return cash to shareholders. Additionally I believe the LSR price will finally reflect its NAV as further properties are sold. Hopefully there will be some interesting re-investment opportunities along the way.
skyship: DIL2 move up from 19m to 20.3m (24%)
skyship: Further from the DIL2 Annual Report: Outlook There are a number of issues influencing market sentiment. The most obvious of these is the longrunning support to markets provided by central banks through their ultra-loose monetary policy. It is clear to us that without such support, markets would likely not be trading at such elevated levels. What is less clear, and what concerns the investment community, is what will happen as stimulus is withdrawn and policy tightens. The Company is positioned with this probable headwind in mind. The Company is cautiously positioned and we have every expectation of being able to deploy further significant capital in a variety of existing and new holdings subject only to securing those investments at a sufficient discount to our opinion of the realisable value of those investments. The key is to apply patience and discipline in pursuing our investment strategy. In strongly rising markets and extremely benign market conditions this can be difficult but we are confident that this is the correct course to take. The Company’s aim remains to invest in situations where we believe the share price represents a significant discount to the realisable net asset value and then to realise that value in the medium term. We are confident that our investment strategy and processes will continue to provide attractive returns in the medium and longer term. Whilst we do not make macro judgements, we believe quantitative easing (“QE”) has distorted markets and added downside risk. It seems logical to us that if QE has inflated the prices of many risk assets, then its removal may at least lead to some volatility. The Company is well positioned to take advantage of any such volatility in the prices of the securities we track and analyse.
grahamg8: Sold out a year ago for a decent profit but too early for the surge to 38p. Recent weakness getting me close to the buy button, just a bit more to go and I'll be in. My approach is slightly different than recent posts. With such a highly geared company 72.5% for me the correct place to start is the gross asset figure £84.9m and the gross debt £64.54m This gives an idea of the level of write down that would wipe out value entirely. For me some write down is pretty certain. So how much risk can I accept and how much reward do I need to take that risk? This tells me the share price I am prepared to buy at. Each person will have their own profile and expectations, which is why at any one time there are buyers and sellers around to create a market.
spittingbarrel: I've just sold 65,000 at prices from 30.25p down to 29.25p, and it wasn't easy to find bids so I haven't helped the share price but I'm out for a small loss now. I just can't wait around for ever for the management to do something so I've taken my loss and hopefully put the money to better use elsewhere. Good luck to all who remain.
Local Shop. share price data is direct from the London Stock Exchange
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