Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| 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 | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| -0.80 | -0.94% | 83.90 | 14,432 | 10:50:24 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 83.60 | 84.20 | 86.50 | 83.60 | 86.50 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Real Estate Agents & Mgrs | 148.7M | -249.8M | -0.6286 | -1.33 | 336.61M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 10:53:17 | O | 1 | 84.20 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 13/11/2024 | 12:08 | ALNC |  CLS Holdings makes progress on refinancing, trims debt with disposals |
| 13/11/2024 | 07:00 | UK RNS | CLS Holdings PLC Trading Update 12 November 2024 |
| 12/11/2024 | 17:21 | UK RNS | CLS Holdings PLC Director/PDMR Shareholding |
| 11/10/2024 | 12:51 | UK RNS | CLS Holdings PLC Director/PDMR Shareholding |
| 11/9/2024 | 15:19 | UK RNS | CLS Holdings PLC Director/PDMR Shareholding |
| 06/9/2024 | 12:51 | UK RNS | CLS Holdings PLC Change of Auditor |
| 04/9/2024 | 12:27 | ALNC | TRADING UPDATES: James Cropper in "positive start"; CLS leases space |
| 04/9/2024 | 06:00 | UK RNS | CLS Holdings PLC CLS leases over 8,900 sqm in Hamburg, Germany |
| 12/8/2024 | 14:24 | UK RNS | CLS Holdings PLC Director/PDMR Shareholding |
| 07/8/2024 | 16:29 | ALNC | TRADING UPDATES: CLS loss narrows; SIMEC strikes BESS deal |
Cls (CLI) Share Charts1 Year Cls Chart |
|
1 Month Cls Chart |
Intraday Cls Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 19/11/2024 | 19:37 | CLS Holdings – Massive NAV Discount coupled with a very high Yield | 259 |
| 07/8/2024 | 15:17 | Net Asset Value 732p | 795 |
| 27/8/2009 | 11:48 | CLS Holdings trading @ 36% discount to asset value | 34 |
| 18/9/2008 | 15:23 | CLS Holdings: ANY DAY NOW | 60 |
| 26/1/2002 | 00:56 | Undiscovered Gem | 4 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 10:53:17 | 84.20 | 1 | 0.84 | O |
| 10:52:41 | 83.60 | 1 | 0.84 | O |
| 10:52:01 | 83.60 | 1 | 0.84 | O |
| 10:51:18 | 83.60 | 1 | 0.84 | O |
| 10:50:37 | 84.20 | 1 | 0.84 | O |
| Top Posts |
|---|
Posted at 21/11/2024 08:20 by Cls Daily Update 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 84.70p.Cls currently has 397,410,268 shares in issue. The market capitalisation of Cls is £332,234,984. Cls has a price to earnings ratio (PE ratio) of -1.33. This morning CLI shares opened at 86.50p |
Posted at 19/11/2024 19:37 by m_kerr THe assets are discounted by about 30%, which is hefty.Student development sold for a good price but no one seems interested in buying their non redevelopment offices at or close to book. UK Vacancy very high aswell at almost 20% demonstrating the clear mismatch between supply and demand. IMV the risk /reward here is very good. THis is not a basket case like Rgl as there are higher quality assets in London and major cities, with LTV under control. |
Posted at 14/11/2024 13:18 by strathroyal Personally thought the update was disappointing as it again emphasised how badly senior management was caught out by the two recent office developments. The Artisan letting to MSF was included in the HY report so there haven't been any further lettings since, whilst The Coade doesn't even get a mention. I see that they have appealed against Tower Hamlets refusal to grant change of use for The Artisan, not sure how long these appeals take.Looking at the proposed sales, and bearing in mind Berenberg's note (post 215) that 2nd half sales would exceed £160M, we have anticipated sales of £67.1M and therefore a further c£93M to come from the sale of the student property. As this was valued at £93.550M in the latest BS, and we were told that there was significant interest, a sale at that price would be disappointing. Alternatively, it could be that the other properties have been sold/ marketed below NAV and the shortfall covered by Spring Mews. We wait and see. Finally I was interested in the comments regarding the Nomination committee as this is chaired by Anna Seeley (main shareholder via CVI). Whereas the Annual Report stated that, 'we are confident in our structure and operation of the Board together with the balance of skills and experience of our directors in order to deliver on our strategy', they've now decided to pension one director off and appoint two new independent directors. Suggest we are likely to see more changes in due course. |
Posted at 13/11/2024 07:34 by spectoacc "..We are experiencing longer decision timelines due to macro and political factors slowing progress.""..Letting activity was slower than forecast. " But I'd also pick out the 49.6% LTV, falling to 44.6% if they get all the disposals away. In the price? Probably so. I prefer to spot the negatives tho. |
Posted at 07/11/2024 17:00 by skyship Back down to 90p! NAV discount at 60%. Yield up to 8.8%.Time to change the way we look at Reits Changing market conditions call for changing valuation methodologies IC - Published on November 6, 2024 by Natasha Voase The property sector has always liked to do things differently. While other sectors debate price/earnings ratios and enterprise value to Ebitda, real estate investors wax lyrical about discounts to net asset value (NAV) and loan-to-value (LTV). This approach made sense in the old world of declining yields and interest rates, says Tim Leckie, an analyst at Panmure Liberum. Falling rates meant shifts in portfolio valuation were a large component of returns. But now that rates are higher and valuations unsteady, Leckie says the focus must be on cash flow generation. Reits need to be able to generate enough cash to pay down increased interest costs and grow. For the low-yielding, low-risk portfolios of times gone by, this is a problem. Yet for Reits, just as when it comes to valuing companies more generally, no valuation metric should be taken in isolation. Harm Meijer, managing director and co-founder of real estate fund manager ICAMAP, says that this is why investors need to look at multiple valuation metrics, including net debt to Ebitda, funds from operations (FFO) yields and price/earnings ratios. "Every ratio metric has its drawbacks," Meijer says. "Because if [for example] you only look at the cash flow... the problem is you can really increase your FFO by just taking on more leverage, by buying assets." Analysts at Panmure Liberum have created what they call the Medium Term Sustainable Earnings (MTSE) metric, a seven-year figure encapsulating reversionary potential, administration costs and refinancing drag. The MTSE total return blends yield plus growth to give investors an idea of what their medium-term cash earnings per share might be. The chart below shows the result of those calculations, albeit outliers such as Grainger's estimated growth rate should be treated with caution. With that in mind, the stocks that stand out: Sirius Real Estate (SRE), Urban Logistics Reit (SHED), Segro (SGRO), CLS Holdings (CLI) and Life Science Reit (LABS). Analysing Reits through the lens of cash flow throws up some new names that look mispriced. Discounts to NAV alone might encourage investors to buy giants such as British Land (BLND) and Land Securities (LAND), given their discounts sit at around 30 per cent. However, from a forward-looking price/earnings perspective, they trade at 13.6 and 12.1 times, respectively, implying earnings per share of 41p and 71p. Even if investors favour Epra EPS of 42p and 50p, respectively, these valuations look fair or potentially a little high. |
Posted at 14/10/2024 09:09 by strathroyal Just having a look back at this thread over the weekend and post 215 caught my eye regarding Berenberg's note. According to their analyst second half property sales will be over £160M which is somewhat higher than shown in the recent accounts where Assets Held For Sale (note 11) are £132.7M of which £96.7M is the Spring Mews Property. It could of course be that CLI are expecting to sell another property but on the face of it this suggests that the student property/business has sold for around £124m/£125M. |
Posted at 22/9/2024 12:17 by renewed1 Advanced apolagies but Ive only just become aquainted with CLI. I cant rationalise the divi. My understanding is they pay divi quarterly and I have just missed the 2.6p. but the company website shows 1.99p divi and yield 8.52% at 93p??? Have they just raised the divi and if so doesnt put them on a much higher prospective yield?? |
Posted at 07/8/2024 10:02 by my retirement fund Yes, it's been a value trap, but with the board seeing a clearer bottoming out of valuations and interest rates declining, I personally feel there is a reason to see the nav discount narrow. That means share price appreciation. On a prospective yield of 9% and shareprice growth in the months a years ahead, it seems an excellent long term hold. I do appreciate there must be a lot of frustrated investors sitting on sizable losses here, but that economics for you! |
Posted at 30/7/2024 15:14 by skyship More sales than buys, yet we make progress to 93p. CLI share price movements always rather bizarre! |
Posted at 05/4/2024 10:20 by skyship CLI today announced an InvestorMeet Presentation on 11th April. Board deciding to hit the PR trail to stop the slide; but may require more than that.A tender would usually be the ticket; however debt levels preclude. The family should take advantage of the current share price and buy it in - as DJAN did a few years back. A cheeky lowball bid, but still at a 60% premium to the then share price I recall. |
Posted at 16/11/2020 13:50 by acol I repurchased 75% of my original holding in 2 traunches at an average price of about 213p. The deciding factor for me was the announcement of the vaccine, a factor that has had no real impact on its share price.The main risks for me is whether or not Covid will have a major impact on firms deciding to let staff work from home in the future, post Covid. Even with blue chip clients, such working change could have a major impact on firms specialising in leasing out office space. With its portfolio spread between several countries I am not sure that a successful Brexit deal will have a huge impact on CLI share price. I agree with the OXMAN that the share price should be closer to 250p. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
