Newriver Reit Share Discussion Threads

[ccraig69] 30/12/2013 14:41

Why unsustainable the rents still coming in for the long term. NAV is below share price. But I guess NAV is levered on property price. I would like to see more leverage.

[guernseymoney] 24/12/2013 11:01

Apols Alter Ego, I didn't mean it was oversold, far from it, I meant it's not worth the NAV. Appreciate the difference and have amended my post.

Latest accounts I saw (interims), the NAV was 220p, no idea why it's trading above 30% above NAV, particularly with all of the capital expenditure that needs to be spent by NRR retaining tenants or securing long leases.

Good yield yes, but unsustainable IMO.

[alter ego] 13/12/2013 22:28

The IC did have it as a hold on valuation grounds - I guess guernseymoney is misascribing the oversold label or doesn't know what it means.

[deadly] 13/12/2013 21:45

You must have the wrong thread?

[guernseymoney] 10/12/2013 07:51

Investor's Chronicle had a HOLD on it for valuation reasons. Will watch and see.

[lucky_punter] 29/11/2013 16:18

NewRiver Retail swallows 200 pubs to turn into convenience stores
By Jamie Nimmo

Retail property group NewRiver Retail (LON:NRR) has bought 202 pubs from Marston's for £90mln, which it plans to convert into convenience stores and restaurants.
The company says it has already received strong interest from national supermarket chains and convenience store operators for the retail space.
Marston's will continue to run the pubs until it decides to sell or until NewRiver finds a buyer.

[shauney2] 28/11/2013 10:44

Liberum buy, ups target to 300.00p from 280.00p

[orchestralis] 28/11/2013 09:50

next leg up on its way possibly

[orchestralis] 28/11/2013 09:50

next leg up on its way possibly

[davidosh] 31/10/2013 13:01

Here is the final analysis and top ten btw...
It is amazing however that a small cap like NRR features in so many top holdings across a hundred investors. If any of you have not done your entry then do please add it here..

[wildshot] 31/10/2013 12:47

deadly, they've been tipped in today's edition of Shares magazine.

[davidosh] 30/10/2013 10:22

It has moved a fair bit over the last three days so maybe just an overhang cleared. Out of interest for those of you with NRR in their to ten you may want to join in completing this ...

They are in joint 11th position at present.

[deadly] 30/10/2013 10:06

Nice leap today - tipped somewhere?

[davidosh] 12/10/2013 15:22

I think the FT own the IC or same holding company so not too surprising.

[robow] 12/10/2013 15:16

tipped in this weeks IC and picked up by the FT

[aim_trader] 12/9/2013 13:40

NewRiver Retail funding shows growing City interest in REITs

"The recent fundraising by NewRiver Retail underlines the growing City interest in this real estate investment trust (REIT). The group hoped to bank around £40mln to finance some ambitious expansion plans. In the end it walked away with £67mln and could have taken a lot more than that..." READ FULL ARTICLE HERE:

[orchestralis] 30/7/2013 09:50

yes yes it is

[scottiedog4] 29/7/2013 14:00

Thanks Monkster

[the monkster] 29/7/2013 12:30

scottie - you need to get the nominee administrator to fill out the gross application form that is on the website which they no doubt havent done.

[scottiedog4] 29/7/2013 12:19

Thanks for your helpa lter ego. I have other REITs but they are in SIPPS. I don't think a deduction was made on them. Will probably contact Selftrade just to confirm and when.

[alter ego] 29/7/2013 12:09

This happened to me on another REIT I hold and although I cannot remember the details, I know that Selftrade do reclaim the tax in due course. It took about six weeks and should be automatic.

[scottiedog4] 29/7/2013 11:51

I've just received the 10p dividend but a 20% tax deduction has been applied.I hold the shares in an ISA with Selftrade. Does anyone know if this is correct and if so is the tax recoverable.. Also would the same treatment occur if the shares were held in a Sipp. Thanks in advance for any help.

[gucci] 26/7/2013 16:18

breaking out