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Share Name Share Symbol Market Type Share ISIN Share Description
Bmo Real Estate Investments Limited LSE:BREI London Ordinary Share GB00B012T521 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.40 3.23% 76.80 76.60 77.60 77.40 74.40 74.60 1,640,908 16:35:16
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 17.0 -8.9 -3.8 - 184

Bmo Real Estate Investme... Share Discussion Threads

Showing 276 to 299 of 300 messages
Chat Pages: 12  11  10  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
26/7/2021
16:11
Sky, what do you recall has been the range of discount/premium to NAV of BREI? (including, of course, prior to 2020).
chucko1
26/7/2021
15:18
A nice bounce off the 50day SMA should provide the impetus to the April high of 80p, at which level the discount reduces from the current 25% (at 76.6p) to 21.6%.
skyship
26/7/2021
11:14
Enjoying the return through 75p.....and counting.... Sadly picking up a few errors in the RNS. Someone plainly can't use a calculator: =============================== Share Price The share price was 71.0 pence per share as at 30 June 2021, which represented a discount of 24.3 per cent to the NAV per share announced above. The share price total return for the quarter was -3.7 per cent. ===============================
skyship
26/7/2021
10:47
Agree great update. Hopefuly they will announce a dividend increase next month.
hugepants
26/7/2021
09:56
Read across from others continues. Added too earlier on discount and no buyback yet.
hindsight
26/7/2021
08:12
Excellent - both on the NAV front and also on the rent collection. Added a few this morning as the 27% discount clearly undervalues.
skyship
26/7/2021
07:07
Excellent. At some point, the market will wake up to the fact the small REITs - at least those with decent Industrials exposure - are putting on c.3% of NAV per quarter, with no contribution yet from retail or offices. That's still to come. "The unaudited NAV per share of BREI as at 30 June 2021 was 102.1 pence. This represents an increase of 3.0 per cent from the NAV per share as at 31 March 2021 of 99.1 pence and a NAV total return for the quarter of 3.9 per cent. " More comment on the strength of Retail Parks for us EPIC fans too.
spectoacc
25/7/2021
20:09
I don't think it SHOULD weigh on the price, but markets tend to hate uncertainty. You can imagine wealth managers being reluctant to recommend a fund that might have a different name/manager next year. Could indeed be positive if it gets rolled into a bigger fund... who knows?
epistrophy
25/7/2021
13:55
Epistrophy why would it weigh on price? Is there not a potential for them to roll it into one of there own funds? PS: Lowe's video fits the American approach nicely imv he will be there poster boy!
nickrl
24/7/2021
21:11
Poking around the website I see that BMO are divesting most of their European business. Https://www.bmogam.com/viewpoints/press/macro-views/important-announcement-regarding-our-non-canadian-asset-management-business/ It appears this includes the Investment Trusts too - see this press release: Https://www.businesswire.com/news/home/20210412005470/en/ IMO this uncertainty is what is weighing on the share price. (But maybe the awful video too!) ANOTHER ticker change incoming?
epistrophy
23/7/2021
15:39
It's not great if you're a shareholder :) I'd stick to the synchronised diving.
spectoacc
23/7/2021
15:28
Is it too awful to watch? I'm focused on the Olympics now so time is short.
chucko1
23/7/2021
14:50
Oh dear, explains some of the discount
hindsight
23/7/2021
14:33
Sent BREI an email today: I am a smallish shareholder with just XX,000 shares in my SIPP & personal a/c. Three things: # It seems to me that you are rather late with the July Update - 16th last year. Will it be out soon - Monday perhaps ? # Why did you not do as other REITs did & instigate buybacks when the shares dropped to absurd discount levels. Even your sister company BCPT did so... # Why does your website contain an appallingly luvvie video of the fund manager and his previous life rather than a video of our properties. One of the worst waste of money ego trips I've ever had to endure. Please bin it!!!!!!
skyship
21/7/2021
19:32
Not much to worry about in the short term - 46% industrial and office and retail warehouse have been good for collections in previous lockdowns, so really only the 8% standard retail to watch out for https://www.londonstockexchange.com/news-article/BREI/trading-update-and-net-asset-value/14952029
alan pt
21/7/2021
18:19
That sell yesterday might be me. Was only £1.9k. I'm thinking if we go back into lockdown, BREI has too much exposure to office and retail.
apollocreed1
20/7/2021
17:47
Seller appeared at 72.2 so added some. Hopefully SREI nav rise reads across
hindsight
18/7/2021
16:12
They certainly should have done so; but too late now perhaps.
skyship
18/7/2021
14:39
BCPT is buying back shares. Anyone think that BREI should/will do the same?
horseyphil
18/7/2021
14:27
No turkeys dont but if an activist turns up, they wont find it hard to get the 51% vote, like happened in the IT sector. Large saving on listing fees, auditors, directors (over time, may have to let all the directors stay for a bit), better loan negotiation, more liquidity making tighter discount, lower less single asset risk, etc, etc
hindsight
18/7/2021
14:13
Thanks Skyship, I get my figures from STOCKO, which no doubt uses trailing data.
brucie5
18/7/2021
13:44
Consolidation would be turkeys voting for Christmas as far as the directors are concerned. Also a bid requires a major document and major expense. The only one I could see receiving a bid is CLI. A Private Equity bid, first taking out the family stake, is quite a likely outcome IMO.
skyship
18/7/2021
12:20
Can't see much scope to lift the dividend more than another 10% if they want to keep it covered at the cash level (which they should having previously not done so). Its certainly sustainable at current level given rental growth is stilted in most sectors. I also like the fact they've removed the performance fee which gobbled up alot of cash previously. My guestimate is NAV will be more or less unchanged with the portfolio mix exhibiting pluses and minuses unless retail has turned the corner with valuers but lets see what trading update brings. Still surprised we've seen no consolidation across our REIT group just a few buyouts.
nickrl
18/7/2021
09:44
Trading Update & NAV to 30th June was announced on 16th July last year - so perhaps we will see an RNS next week... NAV back above 100p would be nice.
skyship
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