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NRR Newriver Reit Plc

80.90
3.40 (4.39%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Newriver Reit Plc LSE:NRR London Ordinary Share GB00BD7XPJ64 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  3.40 4.39% 80.90 78.80 79.50 79.50 76.00 76.00 816,253 16:35:05
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Investment Trust 73.6M -16.8M -0.0537 -14.80 248.52M
Newriver Reit Plc is listed in the Real Estate Investment Trust sector of the London Stock Exchange with ticker NRR. The last closing price for Newriver Reit was 77.50p. Over the last year, Newriver Reit shares have traded in a share price range of 72.90p to 92.00p.

Newriver Reit currently has 312,603,487 shares in issue. The market capitalisation of Newriver Reit is £248.52 million. Newriver Reit has a price to earnings ratio (PE ratio) of -14.80.

Newriver Reit Share Discussion Threads

Showing 451 to 474 of 4325 messages
Chat Pages: Latest  29  28  27  26  25  24  23  22  21  20  19  18  Older
DateSubjectAuthorDiscuss
01/12/2015
20:14
Cheers red, will have a look at those.
gorilla36
01/12/2015
16:33
gorilla

Nearly overlooked Psn.

redartbmud
01/12/2015
16:26
gorilla

I hold Bdev, Tw, Smp, Sgro, Inpp, Ukcm, plus Clln and Mklw that can be loosely related.
Rest of portfolio well spread out.

red

redartbmud
01/12/2015
15:28
Red - Agreed re low maintenance, in fact I want it to go quiet for a few days now so it does not attract the attention of day traders or hedge fund robots..lol! I would be interested to hear what else you are in of a similar vein. I hold MANX, RNWH, HGG GAMA, TRAK. Those have similar profiles to NRR. Not so good this year have been OPG, SKIL, SPRP, QP.
gorilla36
01/12/2015
09:35
gorilla

That is why I am here. I'm afraid that the tintins just don't get companies like this. It is a share that requires little maintenance and a company that should continue to consolidate it's position, growing in strength and therefore increase share price and dividends.

red

redartbmud
01/12/2015
09:31
Redartbmud - To be honest a £1.00 a year with the excellent dividend would do me fine. Far to many companies going for breakneck growth which ends in tragedy. Would much prefer to see a well managed conservative co. grow its business and dividend over time. Nice steady growth and no nasty surprises or shocks on the way.
gorilla36
01/12/2015
09:07
Yes, it has been a slow upward struggle since I first invested at just over £3 per share. The market has not warmed to the business plan, but as they grow they are able to cement their position.
redartbmud
01/12/2015
08:50
Absolutely gorilla36 - they've been knocking at this ceiling for a while now so I hope that the break-out can be maintained!
randomambler
30/11/2015
21:49
Through that £3.50 barrier at last, lets hope it holds now!
gorilla36
18/11/2015
12:59
Well, I think these are pretty stonking results!
gorilla36
12/11/2015
09:58
Div payment tomorrow
orchestralis
21/10/2015
07:54
good update today:

Strong second quarter sees GBP222.3 million of strategic acquisitions at a combined average yield of 9.6% and continued progress on value-enhancing asset management and risk-controlled development

deadly
16/10/2015
07:31
mmmm - just can't seem to punch through that £3.50 mark!
gorilla36
24/8/2015
06:14
Exchange of contracts for £53.5 million acquisition
of 158 Pubs from Punch Taverns, at a net initial yield of 13.61%

skinny
03/8/2015
13:36
David,

Never doubted they were cleverer than me and I had forgotten the salient paragraph in the link you provided.

O/T I posted a query on the VLK thread. Can you clarify?

bscuit
03/8/2015
13:17
I thought most of the convenience stores they'd agreed to build was on attached spare land or the pub car parks? - ie they'd agreed to develop surplus space and in many cases retained the pub.
jeff h
03/8/2015
11:50
I suspect they will not keep them trading as pubs long term.....they tend to convert them when tenancies run out or planning applications are completed allowing maximum development gain. They did this very successfully before with Marstons two years ago so I am sure they know what they are doing
davidosh
03/8/2015
06:47
I would be concerned if they diversified to create an arm that is a pub business. Their experience is as a property co. and pubcos are disposing of this stock because it is grossly underperforming. Management and infrastructure would not be in place, neither would they have economies of scale.
redartbmud
03/8/2015
00:27
But surprisingly "a source close to NRR said it was likely to keep some running as Pubs" which will be a departure from retail conversion and not something shown as a use for premises on its own website. These pubs are non-food operations. Curious.
bscuit
01/8/2015
23:41
Small mention in the Sunday Times about NRR possibly spending £50 million on 150 of Punch Taverns worst performing pubs, looking to turn them into stores. Not sure if the recent fund raise had enough cash left over for this deal after buying out the 2 JVs. New funds needed?
p_buz
22/6/2015
09:04
Red

Speaking as a qualified accountant I think our profession can (I did say no guarantees).

Brian Souter, Barry Hearn, etc and legal guys are often close to success as well, eg Max Mosley along with Bernie Ecklestone.

belt n braces
22/6/2015
08:56
Belt
Speaking as a qualified accountant, our profession does not make the best CEO.

redartbmud
22/6/2015
08:54
Purchased some of these today. Reasons:

(1) CEO is solicitor and qualified accountant, although there is no guarantee to success, having such qualifications should mean the CEO understands the need to work in the interests of shareholders. In my view this is different from some other professions who may work towards an engineering goal (for example) which would not necessary always fall in line with profitability, debt reduction, etc.
(2) The placing was at a very fair price in relation to the share price, and unlike some placings for other smaller companies did not present the placing people with an instant massive profit.
(3) The share has good volume and liquidity.


Onwards and upwards!!

belt n braces
21/6/2015
21:17
I don't understand the previous comment at all. This particular placing is positive for existing shareholders for at least two reasons:

1) The new shares are being placed at a decent premium to the NAV - which will have the effect of hoisting the post-placing NAV higher still.

2) The equity base will be substantially enlarged by this placing and so the gearing level will naturally decrease sharply (as debt stays the same).

Beyond these points there's always the chance that the board might deploy these funds sensibly - as they have in the past. So I don't know why you see it as a negative?

randomambler
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