||EPS - Basic
||Market Cap (m)
|Real Estate Investment Trusts
Segro Share Discussion Threads
Showing 526 to 549 of 550 messages
|They are allowed to issue up to 74,770,950 shares in the current financial year and disapply pre-emption rights. And that's precisely the number they went for. So they can't issue more by such a placing unless authority is renewed by shareholders at the next AGM. personally I'm happy to hold a share which is in such demand from big institutions!
"Can't be bothered" is rather unfair - the placing and open offer of 2009 had to be very large as they were rescuing Brixton at, it turns out, a bargain price.
EDIT: should have added that an open offer would need an EGM and a prospectus circulated ... cost, a few million.|
|As usual they cannot be bothered with smaller shareholders unless there is a crash and then they come with cap in hand. Edit : give them credit though placing right at the top of the chart.
|Yes, very positive. About one-third of their property values are in Europe and they're well-hedged on currency movements.
Also they are quite open about debt covenants: the gross property value would need to fall by about 44% for a breach - more than the effect of the GFC. A lot of companies are cagey about revealing details on this sort of thing.|
|Results out a day earlier than I thought but worth waiting for. Another dividend increase with the numbers and risk profile of the business looking solid to me. BREXIT also doesn't appear to be causing any great problems here.|
|SEGRO's interims out next Weds. Be interesting to hear what they have to say about BREXIT.|
|Some suggestion that today's Autumn Statement will include a review of business rates, even abolition at some point.
These rates are paid by the leaseholder (who is usually the occupier), but if the property is vacant and has no leaseholder, the owner will pay.
This suggests to me that the biggest beneficiaries of any policy would be owners with high vacancy rates, and SGRO has 6.2% at present. Any other companies?|
|Sheds are where it is (incl. SGRO):
|Plenty of military airfields also serve civilian traffic. Most of them take non-military flights on Prior Permission Only basis.|
|DeanForester - "I still don't see why, if they need more runway capacity, they don't make immediate use of Northolt."
So far as I know Northolt is a military base, I suppose the answer to your question is that the RAF don't want millions of the great unwashed wandering around their pristne hangers and nice officers mess !!!!|
|DeanF - interesting, and new to me.
I've just read this - 6 miles away might not be too bad:
However, the fact that the Telegraph is the sole reporter, and from SEGRO's pov, suggests to me that they are feeding the story to the paper.
Part of their submission plans?|
|I still don't see why, if they need more runway capacity, they don't make immediate use of Northolt.|
|The Telegraph is the only daily to carry any coverage of the work of the Airports Commission, which is looking at competing strategies for a hub airport. Gatwick and "Boris Island" have their advocates.
In a submission to the Government's Airports Commission, chaired by Sir Howard Davies, the property giant, Segro, said that a poll of businesses around Heathrow showed huge support for expanding the airport as the best solution to the UK's aviation needs. Any other option would cause significant economic damage.
Trouble is, the third runway option seems to be mired in planning and politics. I'm surprised complete closure of Heathrow is even being contemplated.|
|Well the announcement knocked the share price for 6|
|The Board of SEGRO plc notes the recent press speculation regarding the potential formation of a joint venture in connection with SEGRO's Continental European logistics portfolio.
I didn't see it, but it was the Sunday Times, and confirmed by SGRO
THE owner of the Slough trading estate - home to David Brent's The Office - is plotting an ambitious European deal with the Canadian pension fund that looks after Mounties' retirement savings.
Segro, the industrial property specialist, is in talks with the Public Sector Pension Investment Board (PSP Investments), one of Canada's biggest funds, over a logistics joint venture on the continent.
The move comes as property companies scramble to control freight and transport hubs across Europe. The boom in internet shopping, combined with increasingly globalised manufacturing and lengthening supply chains, has driven demand for warehouses in key areas around Charles de Gaulle airport in Paris and the Rhine-Ruhr region in Germany, for example.
There have been low levels of warehouse building since the financial crisis. In a sign of the growing appetite, Prologis, the American industrial giant, teamed up with Norway's sovereign wealth fund last year to buy logistscs properties.
... More, which is for subscribers.|
|Surely the point is that they cannot ask for the dividends to be paid without deduction of the 20% tax.
What they will no doubt due is to reclaim the tax on your behalf.
Mine does that, anyway.
|I don't think you can, no.|
Thanks for your helpful response.
Can I make the claim myself direct to HMRC do you know?|
|donaferentes - I think they are acting unreasonably ... the money (tax reclaim) is yours by right.
Start by writing a brief, civil, formal letter to their complaints department asking for the PID tax to be credited to your account.
Depending on their reply, follow up with thanks or, state the fact that at least two other providers (TD Waterhouse and Alliance Trust Savings - my providers) allow the reclaim.
Be patient and reasonable, but as a last resort, prepare to (a) transfer your ISA elsewhere and demand they do it FOC, (b) report them to the FSA. They won't like being reported, as it costs them.
Make sure you understand their complaints procedure and follow it to the letter. Are you willing to divulge who they are?|
|Just been told by my ISA manager that because my shares are held in a pooled account they cannot reclaim the tax deducted at source (unlike my SIPP manager where I also hold some who has just done so). Any ideas how you start claiming this back for yourself - as I am advised I must do? TIA|
|Nothing to explain the parabolic rise from 270 to 300p over the last fortnight. Any ideas, anyone?|
|Received 9.9p in my SIPPS|
|I wondered about that too - is this part of the REIT status that requires a withholding tax?
Nice break to the upside today.|
|thanks very much jonwig ... something new learned. Unfortunately it's not in an ISA.|
|adv11 - I received 7.92p, which is 80% of 9.9p. The other 20% is the PID tax credit which will be claimed back inside the ISA. It usually takes a few weeks.|