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CLI Cls Holdings Plc

87.90
1.40 (1.62%)
12 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Cls Holdings Plc LSE:CLI London Ordinary Share GB00BF044593 ORD 2.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.40 1.62% 87.90 87.70 88.60 88.60 85.50 85.50 253,640 16:35:20
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Agents & Mgrs 148.7M -249.8M -0.6286 -1.41 352.11M
Cls Holdings Plc is listed in the Real Estate Agents & Mgrs sector of the London Stock Exchange with ticker CLI. The last closing price for Cls was 86.50p. Over the last year, Cls shares have traded in a share price range of 80.00p to 148.20p.

Cls currently has 397,410,268 shares in issue. The market capitalisation of Cls is £352.11 million. Cls has a price to earnings ratio (PE ratio) of -1.41.

Cls Share Discussion Threads

Showing 876 to 899 of 1075 messages
Chat Pages: 43  42  41  40  39  38  37  36  35  34  33  32  Older
DateSubjectAuthorDiscuss
09/1/2024
20:49
This persistent flirtation with the 100p threshold is beyond the pale. Get a grip - breakout North please!


free stock charts from uk.advfn.com

skyship
08/1/2024
11:06
CLS best attribute is the divi has been well covered for years albeit it was so paltry i never took any but the high coverage meant it stayed on the watchlist. Last years share price decline has now translated into a high well covered yield albeit the recent spate of debt refis is eating into the cover. Mustn't underestimate though the impact of the high level of refis reqd by end of 2025 and the increasing impact this will have on overall IR. They had an extraordinarily low yield on debt only EBOX bettered it and thus in last 18mths its gone from 2.22% to 3.32% and they still have c40% of debt load to refi by end of 2025 so 4-4.5% overall is entirely possible. So my forecast is that cover could be eliminated by end 25 but all depends on how NRI evolves from here. You can already see vacancy rates rising, albeit slowly, in all countries so at best any rental increase is going to be neutralised for a while yet. Only 25% of debt is floating so some help if rates fall. Of course on such a discount to NAV to looks great value but viability of divi is what interests me but further declines in NAV could lead to loan breach issues on LTVs of course.

As an aside I've raked through there 200+ page ARs even back a few years trying to find the specifics on debt but they give you snippets never a complete table that almost everyone else does even if you have to dig around.

nickrl
06/1/2024
16:16
Probably some investment manager who wants to be able to report to their clients no office exposure.
flyer61
06/1/2024
14:08
Two strange trades yesterday which seem to have resulted in that mid-day dip to 98.5p. Both at 98.7p, both for 99k, both at 12:05. Thereafter swiftly recovered back up to 100p.

Seems as though seller(s) still around. Will clear eventually...

skyship
06/1/2024
13:03
...also 25mins into this video presentation:
skyship
06/1/2024
11:07
chucko

To assist your background research I would strongly recommend taking a look at SERE's last Presentation, especially where they deal with Offices in Europe - starting with p41

skyship
02/1/2024
13:29
Need a bit of volume to make this jump higher:
skyship
01/1/2024
08:07
Made this my Tip for 2024 over on the new annual JDT thread.
skyship
27/12/2023
12:00
Thanks. Added a few.
aishah
27/12/2023
11:17
@Aishah i believe we can be reasonably assured as CLS is a pure office play they aren't going to set the world on fire anytime soon and will probably report increasing void levels. That said they have been conservatively run for years so have been able to absorb increased interest rate costs without any threat of divi coverage falling below 1 so far. There is also the possibility the family who own over 50% take the whole thing out. DYOR of course
nickrl
26/12/2023
23:58
Such a big discount to NAV. Generally market is ahead of PIs. So bad news coming here soon?
aishah
20/12/2023
13:35
Just entered at the very round price of 100... Reinvesting part of my EPIC funds.
The rest to top up SREI (I know some of you have sold it, but I am very pleased with their management)

gonsan
20/12/2023
10:22
I'm doing my best, I topped up an already overweight position this morning...
spittingbarrel
20/12/2023
09:09
SKY - lol, see my comment on EBOX thread.
mister md
20/12/2023
09:07
Just needs someone to clear my 39k off 99.5 ;)
spectoacc
20/12/2023
08:56
She's just itching to burst through that 100p barrier.

Mister MD - go round up a friend to follow you in!


free stock charts from uk.advfn.com

skyship
20/12/2023
08:41
In at just under 99p. I notice this was trading at 300p just prior to the Covid dip.
mister md
15/12/2023
16:45
It was the UT, perhaps not a surprise on witching day, particularly with CLI being involved in the relegations. Took a few.
spectoacc
15/12/2023
16:41
A bizarre 2.9m sale at 96p! No wonder they couldn't break through the 100p resistance.

What now I wonder as there is no way a MM would have taken that stock on their book.

Presumably we'll see that the family have bought them...& if so the battle with 100p can resume.

skyship
14/12/2023
11:13
Being removed from the FTSE 250 index on Friday and going back to the small cap index. Shouldn’t cause too much disruption as this has been known for a while and any index funds have been rebalancing ahead of the event. Fundamentals remain the key driver IMHO
wapping67
14/12/2023
10:55
REITs strong across the board, along with the general Market. CLI however, still struggling with the psychological 100p threshold.
skyship
12/12/2023
08:43
If it can break through 100p we should see quite a smartish uptick, perhaps to an initial 120p:


free stock charts from uk.advfn.com

skyship
12/12/2023
08:38
Their Art Deco building in The City now being marketed.
skyship
12/12/2023
08:18
About 15 years ago and before I retired from the city is used to be an investor in CLS. The directors were very shrewd property operators and had a great reputation. I don’t think this has changed. I hadn’t really kept in touch with the share price until I noticed the extremely large directors purchases in the summer months. Been waiting for interest rate expectations to ease, which they now have. CLS have struggled to rally with the sector but to me that’s an opportunity. With the shares standing at less than half the expected NAV and yield (historic) of over 8% I’ve taken a position. Prepared to sit tight and wait for the markets perception of CLS to change. To me this represents a solid value play
wapping67
Chat Pages: 43  42  41  40  39  38  37  36  35  34  33  32  Older

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