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LSR The Local Shopping Reit Plc

20.30
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
The Local Shopping Reit Plc LSE:LSR London Ordinary Share GB00B1VS7G47 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 20.30 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
20.20 21.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 20.30 GBX

The Local Shopping Reit (LSR) Latest News

The Local Shopping Reit News

Date Time Source Headline
02/5/202307:44UKREGAlina Holdings PLC: Temporary Suspension
02/5/202307:30UKREGOfficial List Suspension - Alina Holdings Plc
28/4/202314:08UKREGAlina Holdings PLC: Trading Update

The Local Shopping Reit (LSR) Discussions and Chat

The Local Shopping Reit Forums and Chat

Date Time Title Posts
27/11/202007:12LOCAL SHOPPING REIT :::: Corner shops, or more?3,527
20/2/201512:47*** LSR ***-
29/9/200815:04up 42%3

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The Local Shopping Reit (LSR) Most Recent Trades

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Trade Time Trade Price Trade Size Trade Value Trade Type

The Local Shopping Reit (LSR) Top Chat Posts

Top Posts
Posted at 27/11/2020 07:12 by kooba
27 November 2020The Local Shopping REIT plc ("LSR" or the "Company")Change of Company Name to Alina Holdings PlcThe directors of the Company (the "Board") are pleased to announce that, as envisaged in the Board's announcement of 19 November 2020, the change of the Company's name to Alina Holdings Plc has taken effect.Having notified the London Stock Exchange of the name change, the Board anticipates that that trading in the Company's shares will continue under the Company's new London Stock Exchange ticker "ALNA". The Company's ISIN (GB00B1VS7G47) remains unchanged.
Posted at 23/11/2020 15:07 by tiswas
Now that is interesting.
Posted at 20/11/2020 11:54 by kooba
Not sure if there's upset might not be their thing? Agree taking low ball price for what is clean vehicle with cash and realisable assets...if it is them.I've bought a few down here topping up , but the demerger hasn't proved a shareholder valuation enhancing event so far...but as with many things Thalassa , hard work understanding the moves ,motives and plans for now 3 corporate entities.. definitely value plays and if the vehicles attract the right deals could be big upside. Feels there should be clearer messaging for all 3 listings on where it's all going and then might attract new investors to narrow the discounts to book as they trade at value trap valuations which don't hopefully recognise the potential.
Posted at 20/11/2020 11:30 by baner
clearly Lombard selling out - at the cash value ! one must assume they are in conflict with mr soukup, why on earth would you otherwise dump the stock at this ridiculous price?
Posted at 20/11/2020 11:00 by kooba
Looks like Lombard Odier the seller as they would have owned 8% from distribution ..maybe share buyback ? Would be asset value enhancing by around 3%.
Posted at 19/11/2020 14:11 by kooba
So about 13.75p in property assets per 17.7p cash per share.
Posted at 19/11/2020 13:36 by kooba
The fair value of the property portfolio of the six assets held at 31 March 2020 was GBP3.120 million (30 September 2019: 8 assets, GBP3.465m).The 30 September 2019 valuations were provided by Allsop LLP, a firm of independent chartered surveyors, as a desktop update of the full RICS valuation that they supplied on 25 July 2019.Cash and Net Asset ValueAt 31 March 2020 the Company held GBP4.023 million in cash (30 September 2019: GBP3.566 million).The Net Asset Value at 31 March 2020 was GBP6.933 million or 30.55p per share (September 2019: GBP6.992 million or 30.81p per share).
Posted at 27/7/2020 12:29 by sd_anon
Hi all, I'm seeking some info if anyone would be prepared to oblige me.

I am executor of a will for a deceased relative. Their shareholdings include some LSR shares which we are not able to sell as it is suspended.

Is anyone able to tell me if/when I will be able to sell these shares? I understand there was a takeover (of sorts) but this seems to have been going on for ages now. Are these shares dead money now or can I hope to retrieve something for the beneficiaries at some point?

Any info or insight would be very welcome. Thanks.
Posted at 12/4/2019 21:49 by scburbs
Everyone knows the shell is largely worthless. He isn’t a real estate investor desperate to acquire a REIT. It’s an attempt at an enforced discounted rights issue that his own shareholders won’t support nothing more.

The LSR share price tells you all you need to know about how valuable the offer is. If the offer fails and wind up is approved there will be a c.10% jump. I think that says it all.
Posted at 11/3/2019 12:35 by stemis
Strange therefore that they haven't included a proforma combined balance sheet in the Offer Document.

I had a quick bash and noticed (I think) that there is an error in the Offer Document. They disclose the proforma combined NAV as 105.8p whereas I think it should be 111.2p. The error (if anyone wants to have a look) is in section 6f. On consolidation they deduct their share of net assets of LSR (£7.1m) whereas they should deduct the actual value in their balance sheet (£5.3m).

Current LSR share price (28.6p) implies that the value of THAL shares will be 54p. That's a pretty hefty discount to NAV, considering most of it is cash.
The Local Shopping Reit share price data is direct from the London Stock Exchange

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