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PNS Panther Securities Plc

300.00
0.00 (0.00%)
10 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Panther Securities Plc PNS London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 300.00 08:00:00
Open Price Low Price High Price Close Price Previous Close
300.00 300.00 300.00 300.00 300.00
more quote information »
Industry Sector
REAL ESTATE INVESTMENT & SERVICES

Panther Securities PNS Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
27/09/2023InterimGBP0.0612/10/202313/10/202327/10/2023
16/01/2023FinalGBP0.0629/06/202330/06/202319/07/2023
16/01/2023SpecialGBP0.126/01/202327/01/202310/02/2023
22/09/2022InterimGBP0.0606/10/202207/10/202220/10/2022
25/04/2022FinalGBP0.0630/06/202201/07/202220/07/2022
30/09/2021InterimGBP0.0606/01/202207/01/202209/02/2022
26/05/2021FinalGBP0.0602/09/202103/09/202114/10/2021
26/05/2021InterimGBP0.0610/06/202111/06/202102/07/2021
17/04/2020FinalGBP0.0606/08/202007/08/202007/09/2020
24/09/2019InterimGBP0.0607/11/201908/11/201928/11/2019
30/04/2019FinalGBP0.0608/08/201909/08/201905/09/2019

Top Dividend Posts

Top Posts
Posted at 27/9/2023 17:24 by ntv
Looks like it is one of the few property company's to manage to increase nett assets at the interim stage
Full year figure could also be higher due to fall in borrowing costs from the beginning of this month that will save the company circa approx £580k per annum
Maybe they will increase dividend or more buybacks?
Posted at 16/1/2023 10:51 by 1tx
The special divi is welcome.The yield as well as the quality of the portfolio seems to be increasing & I think as one or two development properties are sold in the future eg Bedford & Peterborough we may see future special divis.However the spread on the shares means that it not sensible to sell or buy shares presently.As Panther is a small part of my investments it is not a problem.
Posted at 16/1/2023 09:39 by russman
seems a steady ship with nice extra divi.
Posted at 16/1/2023 08:32 by hybrasil
Well.
The company is confident enough to pay a special dividend.
I confess to the possibility that I might be wrong!
Posted at 09/3/2022 06:26 by russman
Buyback at 50% NAV.
Interest cost is a divi saving.
No brainer. start small, go large.
Posted at 01/10/2021 05:36 by russman
Divi seems pretty safe in the medium term. Trying to diversify the portfolio would seem sensible. Maybe planning restrictions will be relaxed further to aid High Street developments.
Posted at 15/7/2021 17:04 by debsdowner
Declaring a dividend didn't do much for Panther its now fallen back more than the dividend as I indicated it would.

Interestingly the ex manager of Beales has b een hired by New Start 2020 and reopened some of Beales stores which will please Perloff but I suspect the rents been greatly reduced on new terms!

A new tennant would be a fool not to renegotiate a better rate with so much property avaiLABLE. Not sure where Brown is getting his money from in his new venture. What Brown is doing is making sure its near 80% concessions in his reopened stores.
Posted at 30/5/2021 10:53 by debsdowner
HT

"It is intended that Simon Peters, who has been Finance Director for over
fifteen years, and played a major part in keeping the Group on a steady course,
will step up to be Chief Executive Officer as from 1 January 2022 thus
relieving me of some of my responsibilities, despite numerous requests for me
to fully retire, entirely from my wife, which seemed to cease towards the end
of the first lockdown. Thus I will be able to continue to work for similar
hours concentrating on all matters that are most appropriate to my skills as
Executive Chairman. "

"steady course" !!!!

The bealles aquisition which Simon Peters was overseen by turned out to be a dissaster. Rretail was already strugglign before Perloff bought the company. Perloff also bought at least 2 arcades one of which was in Southport which at the time was yieldijng a good return and they thought they could increase the yield and now its almost empty.

I would say Perloff has lost the plot and not surprised his wife wants him to retire.

It could take years to convert or rent out some of his retail acquisitions and with worldwide property and assets overvalued the company is high risk imo,

Notr sure how old Simon Peters is but I suspect not far behind Perloff they have been together a long time.

Shareholders who invesst here are investing in an illiquid share in strange times and the1 only thing keeping the share price from falling further is the dividend.

There doesnt seem to be any new blood comming in at all so that is a concern, in fact staff have been reduced.

There are far more exciting opportunuties toi invest in losts of shares have doubled in price since the pandemic started.
Posted at 29/5/2021 15:54 by debsdowner
TRCML

"economical the truth" sums things up, I missed the results but here is my take:

Cover on interest rates has dropped near half compared to 5 years ago is a red flag!

His ramblings may on occasions educate people on what or not what to do but he has still made a number of poor aquisitions in particular the Wayfarers Arcade in Southport which is near empty, it would be good to know what rents he is actually receiving for this multi million purchase !

As for hoping to rent out some of these properties I suspect the councils have limited need as a lot of their staff can work from home. Does he not realise the world has changed and that means retail as well !

In fact he has admitted he can manage with less staff that is proof of the pudding and eating !

The results are better than I was thinking but the interest cover has fallen sharply on rents !

As for the 300k concessions he has made this is really a paltry figure! He blames the council for not giving more but I suspect many a tennant in a worse state of health !

The shares are illiquid and when you consider the loss of market cap the last few years the dividend doesn't make up for that !

I would not recommend anyone buying the stock its still too risky, I am not as optimistic as he is on the future in rentals and conversions, I have seen large stores in various towns stay empty for years, in fact many of the previous BHS are still empty today. We have a Debenhmas in our town been empty now for over a year and no prospect at all for conversion or rental as its on the edge of town !

As for some comments by other posters that an illiquid stock proves good over time well it hasn't proved good here. Once the share goes x dividend the share price will probably fall back again !

His ramblings may amuse some but more fless onn the bone as to how some of his aquisitions were actually doing would be of more interest and the statement lacks detail !

All in all this company will never explode into growth it may plod along for years to come but still is risky, the high street has changed forever and a lot of peope are working from home and he doesnt seem to accept this ! Possibly he is now too old to remain the captain of this ship which is still burdened with a lot of debt and on that front the debt ceiling has been reduced !!!

TRCML spot on with your entire post its not just Skegness with a low rents there are many more stores or arcades which must be giving Perloff a headache !
Posted at 25/2/2021 14:22 by debsdowner
Copied from last interim results:

Dividends

We paid a final dividend of 6p per share on 7 September 2020 in respect for the
year ended 31 December 2019.

The Directors hope to be in a position to be able to declare a 6p interim for
the year ending 31 December 2020 in February 2021, but such declaration will be
subject to gaining a clearer understanding of COVID-19 and its financial
effects on our Group so there can be no certainty that such a dividend will be
declared. "

No news and no declaration and its the last day tomorrow.

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