ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

DLN Derwent London Plc

2,064.00
-10.00 (-0.48%)
Last Updated: 08:54:31
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Derwent London Plc LSE:DLN London Ordinary Share GB0002652740 ORD 5P
  Price Change % Change Share Price Shares Traded Last Trade
  -10.00 -0.48% 2,064.00 2,088 08:54:31
Bid Price Offer Price High Price Low Price Open Price
2,062.00 2,066.00 2,120.00 2,062.00 2,120.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Investment Trust 190.5M -476.4M -4.2426 -4.88 2.33B
Last Trade Time Trade Type Trade Size Trade Price Currency
08:54:31 AT 175 2,064.00 GBX

Derwent London (DLN) Latest News

Derwent London (DLN) Discussions and Chat

Derwent London Forums and Chat

Date Time Title Posts
06/9/202412:41Derwent London457

Add a New Thread

Derwent London (DLN) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
08:54:312,064.001753,612.00AT
08:54:312,064.001282,641.92AT
08:36:552,062.0018371.16AT
08:27:582,062.0022453.64AT
08:27:582,062.0034701.08AT

Derwent London (DLN) Top Chat Posts

Top Posts
Posted at 21/11/2024 08:20 by Derwent London Daily Update
Derwent London Plc is listed in the Real Estate Investment Trust sector of the London Stock Exchange with ticker DLN. The last closing price for Derwent London was 2,074p.
Derwent London currently has 112,290,929 shares in issue. The market capitalisation of Derwent London is £2,324,422,230.
Derwent London has a price to earnings ratio (PE ratio) of -4.88.
This morning DLN shares opened at 2,120p
Posted at 29/8/2024 09:14 by philanderer
Goldman Sachs raises Derwent London price target to 2,690 (2,680) pence - 'buy'
Posted at 22/8/2024 09:56 by philanderer
Berenberg raises Derwent London price target to 2,700 (2,494) pence - 'buy'
Posted at 09/8/2024 22:51 by philanderer
Evening EI .

No opinion on the property sector . My wife holds a few DLN so I look in now and again . I hold SGRO mainly for the data centre play.
Posted at 07/11/2023 10:47 by nickrl
Q3 business update is an improvement on Q2 and shows parts of London still moving along well mind. As usual with DLN gold standard in info disclosure and some hefty rent frees being given but has often been the way with them so lagged income has to be taken into consideration.

Clearly demand for high end flats isn't down in London as they've managed to flog 4 off plan at Baker St already raking in 21.5m.

Because its low divi yield not on my watchlist so missed out on the impressive bounce back last week.
Posted at 13/8/2023 20:41 by nickrl
Interims show that London isn't as rosy for DLN as some of its peers very little rental growth with slight drop in NAV. That said they are holding onto tenants and have a fair amount of additional income from either rent frees or contracted increases coming through over next few years. There two big developments are largely supported by pre lets which is just as well giving debt pile being added to.

Lousy yield makes it of no interest at these levels but suspect it will have a floor otherwise a predator may come calling.

Still top of the class with the info they provide.
Posted at 27/3/2023 16:41 by essentialinvestor
I bought back in to GPE today, just a small amount to start with. GPE has very approx 30% in West End retail, DLN about 10%. Helical the most concentrated office play of the 3 with approx 98% office.

I can't remember this level of NAV discount, may be in the very teeth of the GFC.
Posted at 23/3/2023 16:38 by essentialinvestor
I added a small amount of Helical today and monitoring GPE for a buy.

GPE, DLN and HLCL all could be taken out by an overseas buyer, however that's a highly speculative reason to buy. All 3 REITS sold assets over multiple years to the cycle top, particularly GPE, which appears to excell at crystallising profits. This sector niche may be worth watching for an opportunity, but as arja mentions the charts look ugly atm
with lower levels more than likely on the way.
Posted at 23/3/2023 14:45 by arja
DLN and the property companies have awful downtrending charts . I rarely have time to study the fundamentals but it is mainly because of rising interest rates or less demand for renting in the cities ??
Posted at 26/9/2022 11:32 by nickrl
TRCML whilst London certainly facing increasing vacancy levels not sure its a SF situation by a long way yet so sitting on a 50% discount seems ludicrous but all sense of rational thinking is being abandoned currently. DLN are in reasonable shape over rental income currently but have some hefty committed (£650m) capex on buildings which im not clear whether they have raised the debt to cover it but they have no immediate refinancing until 2024. Never interested me this one because divi yield low and still is at this crashed share price and because scope for raising divi isn't great as its only just covered now but they do have new developments being crystallised with tenants so it won't need to drop.

Guess the attraction here is whether an overseas buyer moves in to hoover it up at this discount aided an abetted by being able to do it for 20% less dollars as well.
Posted at 14/8/2020 12:50 by essentialinvestor
One aspect to the DLN share price is on any recent weakness it's bought back quickly.

It's bounced from this morning's low type area so many times now that I've lost count.

It's only a pattern until it's not etc.
Derwent London share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock