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CLI Cls Holdings Plc

86.20
0.20 (0.23%)
14 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
  0.20 0.23% 86.20 85.80 86.20 87.10 85.50 85.50 305,746 16:35:29
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Agents & Mgrs 148.7M -249.8M -0.6286 -1.36 340.98M
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 86p. 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 £340.98 million. Cls has a price to earnings ratio (PE ratio) of -1.36.

Cls Share Discussion Threads

Showing 1026 to 1050 of 1075 messages
Chat Pages: 43  42  41  40  39  38  37  36  35  34  33  32  Older
DateSubjectAuthorDiscuss
02/5/2024
11:50
Moderately perky by CLS' standards today. Everybody re-investing their dividend? :-)
cwa1
28/4/2024
10:48
👍👍
barnes4
28/4/2024
09:48
barnes - divi 7.95p; EPS 10.2p. See result links in Header.
skyship
27/4/2024
19:51
Thanks nick
barnes4
27/4/2024
18:15
@barnes dividend is covered by free cash flow currently. CLS historically weren't a REIT so they retained a much higher level of free cash and as their interest rate burden has increased they've been able to hold the dividend. They do have an increasing vacancy level and further refinancing to contend with that will erode this margin of safety but thats more than in the share price although with its incessant drifting lower i do keep asking myself what am i missing.
nickrl
27/4/2024
09:26
How covered?
barnes4
24/4/2024
13:53
Patience has to be the name of the game; and holding CLI provides a 9.6% covered yield whilst we do so.
skyship
24/4/2024
13:51
RSI & MACD both improving. Sp trading 6% below 50day MA & a full 20% below the 200day.

Crazy cheap; but so much now in that category on the LSE.


free stock charts from uk.advfn.com

skyship
24/4/2024
12:53
ghhghh - the details of all the charges can be seen on Companies House if you wish to trawl through all of the CLS companies but I think the main point being made is that there is no possibility of a domino effect on the whole portfolio. However there are a number of the companies which have more than one property charged against them, look for example at CLS UK Property Finance 2 Limited which has 8 properties listed under schedule 2 on the Charges page.
strathroyal
24/4/2024
10:30
You can see what you are buying here hxxps://www.clsholdings.com/our-portfolio.aspx#/mapview/all/

Quite a lot of it still seems to be advertised for rent. I assume this is standard practice and a lot of it won't actually be available?

loglorry1
24/4/2024
09:43
It's not totally specific but the AR says that "Most" properties are ring fenced in their own SPV with non-recourse lending in each SPV. It says there are some instances where this is not the case and that decision was taken to get better loan deals.

They also list the names of the SPVs in the AR and each is named pertaining to the properties within it. So you can sort of do a reconciliation there.

So in summary its not 1:1 SPV:Prop but it looks pretty close.

EDIT: It's just been pointed out that there are 33SPVs and 86 properties so not even close to 1:1.

loglorry1
24/4/2024
09:29
Does anyone know the breakdown of the ring fenced properties>

Are all assets non recourse?

And how many baskets/size of each basket?

CLC in a very strong position if each individual asset is ring fenced, less so if baskets of multiple assets which I assume is the case?

ghhghh
18/4/2024
20:23
What's holding you back...Middle East worries?
badtime
18/4/2024
14:48
PH moved from hold to add. I've seen the note it doesn't add much to what's been discussed here.
loglorry1
18/4/2024
14:06
Must say that i'm tempted, but watching for the time being!
tiltonboy
18/4/2024
12:30
Hi Tilts - strangely low figure - yet still up 26% on where we are now!
skyship
18/4/2024
10:55
Peel Hunt slash target price to 105p
tiltonboy
17/4/2024
19:14
The site currently occupied by National Crime Agency is pretty large and would be ideal for resi. Its currently low rise while across the railway there are 25 floor towers while across the street there are buildings of 10 or more stories.
shieldbug
17/4/2024
07:42
CLS raised to add at Peel Hunt this morning
wapping67
16/4/2024
05:20
Re: Westminster Tower, 3 Albert Embankment, some history:
1)
2)

glavey
15/4/2024
21:42
I see that React news appears to have an article about the potential sale of the Spring Mews student property, anybody able to access this?
strathroyal
15/4/2024
16:02
standard says 25 apartments, 3 penthouses. Worth perhaps 150m when complete.

Doesn't seem like a conversion template for your more average office block!

llef
15/4/2024
13:31
Does anyone have an idea on how much of their office space they could sell to be converted to resi? Presumably when that happens their is normally a lift up in value?
loglorry1
15/4/2024
13:17
Nick, they've owned the tower for yonks.

They added to their New Malden holding around 2010 (from memory) buying another block.

My first job was in New Malden (mid 80's). Office building where I worked converted to resi over a decade back, a low rise 3 floor building.

essentialinvestor
15/4/2024
13:10
@EI there isn't alot at New Malden not a place i would have bought an office!
nickrl
Chat Pages: 43  42  41  40  39  38  37  36  35  34  33  32  Older

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