Cls Share Discussion Threads

[truffle] 11/10/2018 10:11

Interesting to see the change in the share price
CLS moving up over 5% in the past couple of days while the rest of the market has collapsed.

[its the oxman] 24/8/2018 09:09

Disappointing to still see it sub 220p. Property stocks generally out of favour for now - so time to accumulate if your willing to be patient and returns should come. Any further investments in Germany/France should go down well with the market.

[aa29] 22/8/2018 16:22

Questor column in Telegraph did an update yesterday, too long to repeat in full.

Although had thoughts of taking 40% capital gain, decided to retain as long term solid hold.

Four reasons
1. Steadying influence of Mortstedt controlling stake.
2. Reduction in gearing compared to last major downturn.
3. Sensible valuation with 22% discount to NAV.
4. Portfolio split between GB and Europe.

[truffle] 21/7/2018 10:25

Liberum have raised their CLS target price to 300p, and Peel Hunt have a TP of 265p.

[its the oxman] 26/6/2018 13:12

Even better at 221p. Quality track record and more exposure via acquisitions in Germany should get this going hopefully. Very oversold now.

[its the oxman] 21/6/2018 15:12

Looks well worth picking up c.230p. 3% div and hope to see further decent upside to property portfolio.

[aa29] 21/3/2018 18:40

Results presentation is worth listening to.

[aa29] 27/2/2018 08:20

Results out on 7 March

[its the oxman] 22/2/2018 13:14

Bought a few sub 220p. Result soon. Harsh sell off so should recover.

[truffle] 09/1/2018 09:53

Nice to see Liberum Capital have again upped their target price, from 255 to 270

CLS's spread of property investments, which include a reasonable percentage in Germany, combined with EU growth and a stronger Euro, are presumably contributing to the strong performance

[bigbertie] 18/12/2017 18:53

Savills research apparently shows 2017 will be a record year for inward investment in London property. Reported in Telegraph.

[truffle] 02/11/2017 08:07

Liberum Capital and Peel Hunt have targets of 255 and 250 respectively on CLS Holdings

[r ball] 27/9/2017 18:45

It's illiquid and a director has just sold

[denbos] 27/9/2017 13:25

Whats happening with this stock? Is there any information as to why the drop in price?

[aa29] 31/8/2017 10:35

Sorry, only have the actual paper from yesterday and I've already posted a summary. You're not missing anything that wasn't in the interim statement. The new information is in the webcast.

[truffle] 31/8/2017 10:19

Could you just cut and paste in on here please?

[aa29] 31/8/2017 09:54

CLS update should be at bottom of article (behind a paywall though). Just a short update following interims as summarised above.

[truffle] 31/8/2017 09:20

AA29, could you please post the Questor article
Thanks

[aa29] 30/8/2017 17:01

Update in the questor column in the D Telegraph.

Continues to rate as a good long term holding and praises CLS' portfolio management and diversification.




And a few interesting snippets in the link below from CLS interims webcast particularly on the latest group of German properties being purchased

[bigbertie] 16/8/2017 09:48

Good NAV numbers - they keep pushing on. However I don't see any major new projects (like the Shard) but perhaps this is a good thing in current uncertain times - IMHO. Good luck all

[aa29] 09/8/2017 22:16

Interims are due out next Wednesday

[truffle] 19/6/2017 09:41

Yes, I agree, a Brexit hedge as well.
Implied, but not clearly spelt out in my post 101.

[r ball] 19/6/2017 08:35

Brexit hedge?

[sammu] 16/6/2017 19:25

These are being hovered up at well above the ask in the closing auction, last couple of days, driving the price higher.
EPRA Nav must be usefully above £2.50 and the gap is being narrowed.

[truffle] 14/6/2017 09:49

Interesting announcement today.
If you believe that Germany is by far the strongest economy in the EU, as well as being an excellent hedge against future problems with the Euro and/or within the EU generally, then increasing CLS's overall property exposure in Germany from 23% to 31% looks an excellent strategic move IMHO