ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

RLE Real Estate Investors Plc

33.25
0.00 (0.00%)
Last Updated: 07:44:37
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Real Estate Investors Plc LSE:RLE London Ordinary Share GB00B45XLP34 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 33.25 0.00 07:44:37
Bid Price Offer Price High Price Low Price Open Price
33.00 33.50 33.25 33.25 33.25
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Operators-nonres Bldgs 13.29M 10.93M 0.0633 5.25 57.41M
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 33.25 GBX

Real Estate Investors (RLE) Latest News

Real Estate Investors (RLE) Discussions and Chat

Real Estate Investors Forums and Chat

Date Time Title Posts
16/2/202407:23Real Estate Investors2,017
28/3/202306:44Ridgeline - water services for Canadian drillers1
01/7/200519:09hi can anyone tell me whats going on over at RLE my live terminal shows zero act1

Add a New Thread

Real Estate Investors (RLE) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-03-18 16:33:0533.1020,2056,687.86O
2024-03-18 16:32:4433.0020,2056,667.65O
2024-03-18 14:00:4233.401,600534.32O
2024-03-18 12:41:2833.261,698564.67O
2024-03-18 11:32:3733.201,646546.47O

Real Estate Investors (RLE) Top Chat Posts

Top Posts
Posted at 19/3/2024 08:20 by Real Estate Investors Daily Update
Real Estate Investors Plc is listed in the Operators-nonres Bldgs sector of the London Stock Exchange with ticker RLE. The last closing price for Real Estate Investors was 33.25p.
Real Estate Investors currently has 172,651,577 shares in issue. The market capitalisation of Real Estate Investors is £57,406,649.
Real Estate Investors has a price to earnings ratio (PE ratio) of 5.25.
This morning RLE shares opened at 33.25p
Posted at 12/2/2024 16:13 by sydney675
So if I’m up c. 10% on RLE, would you cash out now or hold on through the wind-down?
Posted at 29/1/2024 08:53 by spectoacc
@meanreverter - suspect anyone not reading my posts on here's first thought would be "How much were they paying themselves??".

When you look at base salary (total cost to co inc NI) & bonus scheme - my God. Compare that to market cap.

Definitely the right thing to wind up sub-scale RLE. Difficult to see it as worth chasing if the money's going to be coming back over an uncertain 3 years tho.
Posted at 29/1/2024 08:50 by nickrl
RLE advise in todays trading update

"Given the ongoing substantial discount between the share price and NAV, combined with a lack of liquidity in its shares, the Board has concluded that it will conduct an orderly strategic sale of the Company's portfolio over the next 3 years with the objective of maximising the return of capital to shareholders (the "Disposal Strategy"). To achieve this outcome, assets will be sold individually, as smaller portfolios or as a whole portfolio sale, with the initial priority to repay the Company's debt"

and then you've got this

"To support the Disposal Strategy and the return of capital to shareholders, the Company is implementing a new Shorter Term Incentive Plan ("STIP"). The STIP will replace the existing Long Term Incentive Plan ("LTIP"), help to retain Paul Bassi, Chief Executive Officer and Marcus Daly, Finance Director (the "Executives"), and the wider management team and incentivise them to achieve an orderly and timely disposal of the Company's assets to maximise the capital return to shareholders"

There is upside as Bassis/Daly taking a paycut and previous LTIP awards reduced or cancelled. The STIP gives them 10% of any profit over the the valuation at 31/12/23 if they sell with 12mths 7.5% if it takes longer.

Hardly a surprise they dont cover the divi now and with the looming refi they would surely have to cut divi.
Posted at 21/1/2024 17:19 by tiltonboy
Having Christopher Mills on the share register is a help
Posted at 21/1/2024 12:53 by hillofwad
Well sales continue steadily including 2 of the shops at the Market Centre Crewe

Bond Wolfe scooping some decent selling fees

Thats going to leave a real pig's ear of the rump at Crewe

Maybe the idea is to leave the company bite size for the Bhasi family to pick up and stick the portfolio in house at Bond Wolfe and save all the extra management costs of REI ?

There realy is little point in it existing?

I wonder what gat ahthe lwest price Bhasi would ahve to pay to take it private 36p ?
Posted at 12/12/2023 07:04 by skinny
2023 Q3 Dividend Declaration

Real Estate Investors Plc (AIM: RLE), the UK's only Midlands-focused Real Estate Investment Trust (REIT) with a portfolio of commercial property across all sectors, is pleased to announce that it will pay a Q3 dividend of 0.625 pence per share for the period 1 July 2023 to 30 September 2023. The payment will be made on 19 January 2024 to all shareholders on the register as at 22 December 2023.

The ex-dividend date will be 21 December 2023. This dividend will be a Property Income Distribution (PID).
Posted at 26/10/2023 08:56 by spectoacc
"So you beg the question what is the point of RLE except to provide fees for Bond Wolfe and the Directors salaries"

Ever thus with RLE.
Posted at 26/10/2023 02:17 by hillofwad
Dash to cash.

They are shifting most of the reatil stock at Walsall and Leamington
They also have got Castlegate House Dudley away

Not content to bastrdise the Market Centre Crewe.

They are even selling a ground floor shop in West Plazaa which leaves an untidy rump and devaluing the asset


The portfolio is rapidly heading towards a bitesize £100m of ragtag properties . There is no selective purchasing going on

So you beg the question what is the point of RLE except to provide fees for Bond Wolfe and the Directors salaries

All gearing up for an m all cash offer from the Bassis ? What's the least they can get away with 35p?
Posted at 31/7/2023 18:05 by meanreverter
The EPRA NTA per share, recorded on page 3 of the latest annual report, is 62.2p (see the reiplc.com website). At today's closing share price of 29.5p, the corresponding discount to NAV is therefore 52.57%.
Posted at 19/7/2022 13:05 by trcml
Quoted plcs generally only deliver good news and twisted. The PR people see to that. The idea is to maintain at least support the existing share price and encourage buyers for positive prospects. Without more buyers than sellers not only would the share price languish but also director share options can lose their appeal. Every so often, a company's prospects are promoted by tip sheets even though most if not all of what is written about is already in the share price MMs join in by increasing the share price to deter buyers which has the desire opposite effect by making naive investors think there is something to go for. then having got rid of a load of shares on the new buyers, the MM lowers the share price to deter sellers which has the opposite effect when existing shareholders sell. Whether the approach succeeds depends upon the investor market's perception of the news. > The challenge for directors of quoted propcos is how to overcome adverse media comment about the state of the property market at any time. Which in the case of REI is not easy because in my view most commercial property in the provinces is ex-growth.
Real Estate Investors share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: +44 (0) 203 8794 460 | support@advfn.com