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Share Name Share Symbol Market Type Share ISIN Share Description
Grainger Plc LSE:GRI London Ordinary Share GB00B04V1276 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.20p +0.08% 240.80p 240.40p 240.60p 243.40p 238.40p 243.40p 388,625 13:30:36
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 270.7 100.7 21.0 11.5 1,473.96

Grainger Share Discussion Threads

Showing 351 to 374 of 450 messages
Chat Pages: 18  17  16  15  14  13  12  11  10  9  8  7  Older
DateSubjectAuthorDiscuss
17/8/2015
12:03
article doesn't actually understand what a regulated tenancy is by the sounds of it - you don't "allow" a regulated tenant to pay under market rent - the rents and the increases allowed are set by the local Rent Officer - you don't get a choice. they will be below market rents for the duration of the tenancy - they don't normally leave unless they die and there are some circumstances where the tenancy can be passed on - hence the discount to open market value of the property which can only be realised when sold when its vacant - so no matter who might buy the company they still couldn't cash in on that reversionary surplus. the other half of the assets are from equity release schemes. puchased at an even bigger discount because there is no rent payable and the occupant has the right to stay until they die. cant cash the reversionary value in there either a lot of good news around with this company and no real reason its share price should lag so far behind its value good to see some refinancing and look forward to a better dividend!
coby4
17/8/2015
11:11
Agree with you there u813061, weekend press comments fuelling the rise this morning no doubt: Private equity outfits eyeing potential bid for Grainger, report says By Alexander Bueso Date: Sunday 16 Aug 2015 The pressure on the management team at Grainger to increase its payout to shareholders is growing as private equity groups run the rule over the outfit in preparation for a possible bid. According to The Sunday Times private equity outfits are studying both a possible full-scale takeover or piecemeal asset sales. The report came amid recent strong trading for the £1bn residential property landlord which specialises in regulated tenancies, purchasing properties at a discount while allowing their owners to live in them their entire lives at sub-market rents. On 13 August the firm, which is listed on London's second tier index, said that in the ten months ending on 31 July rental increases had averaged 6.0% on a like-for-like basis on new lets and 2.3% on renewals, compared with 4.2% and 3.2% in July 2014. The company, which is carrying nearly a £1bn in net debt on its balance sheet, recently refinanced its debts. Together with its investments in market rented assets, financed from its reversionary assets, and a simplified structure, that would allow the outfit to be able to improve its profitability, and boost its payout, analysts at Numis said in a research report e-mailed to clients that same day. "It would enable Grainger to improve distributions to shareholders, which in turn should help the share price close the discount to net asset value." The Newcastle upon Tyne headquartered firm also disclosed it had named investment bank Lazard & Co in Frankfurt to advise on the disposal of its wholly-owned residential property assets in Germany, which it described as "non-core". Grainger also accelerated its plans to renew its top ranks. Helen Gordon was now set to join the company as CEO designate by 1 December, earlier than previously stated. In parallel, it was announced that Mark Greenwood would retire as finance director at the end of December 2015. Year-to-date shares of Grainger were sporting a rise of 30% as of the close of trading on 14 August, versus a gain of 9.5% for the FTSE 250.
hyperboreus
17/8/2015
10:20
Nice breakout to 5 year high. This is a one way bet as share price is close to reported net asset value yet there is plenty of opportunity to be unlocked as activist funds are already putting plans in place.
u813061
13/8/2015
07:58
You never get bankrupt by taking profit now and again.
brahmsnliszt
13/8/2015
07:51
Think you sold a wee bit too early based on that positive update.Looks like they taking heed of the instituitions and realising more value by selling off their German business.
shauney2
11/8/2015
13:28
And out today.Nice little earner.
brahmsnliszt
30/7/2015
09:24
Been a star performer recently for me.
brahmsnliszt
08/7/2015
21:53
tax relief on buy to let? if the industry stumbles it may impact but still too few properties around to satisfy demand especially in the south where grainger are more focused now
coby4
08/7/2015
14:15
how does mortgage rule change this?
dlku
06/7/2015
19:46
Just goes to show they don't actually understand what the portfolio is comprised of. The reversionary element they want to get their hands on is there because the majority of the properties are occupied by protected tenants with security of tenure, Without vacant possession that can't be taken advantage of. Share price is lower than it should be though. I doubt they are going to lose too much sleep over a 3% stake. There are investors with much higher stakes
coby4
05/7/2015
08:52
Going to push it even higher now hopefully. Bidders stalk the U.K.’s top landlord Grainger in ‘£1 billion takeover’ after investment group Crystal Amber takes 3% stake: Grainger, Britain’s largest market-listed landlord, is being circled by potential bidders considering a £1 billion-plus takeover http://tinyurl.com/pqnyq9j
shauney2
29/6/2015
12:42
Crystal Amber stake pushing this break higher from 220 resistance.
yf23_1
03/6/2015
15:27
This is more of a rent portfolio rather than property building therefore if lots of houses being built debateably there may be less of a demand for rentals?? Personally i am lookng at this as a slow grower. As long as they continue to increase properties in right locations, up sell each unit either existing old or new, add some some value and occasionally sell off chunks of property at a nice profi, it should be a good business. From listening to the AGM I think this is what they are trying to achieve. Looking at a nice 5/10% growth earner over the years with an average divi. Once the next set of results come out without all the one offs there should be a nice improvement as well. The other building companies loking good at moment but much more upside? and possibly sell offs/profit taking?
daveb12
03/6/2015
14:22
Strange that this is weak given UK house price momentum. Probably interim results were underwhelming with the NNNAV dropping to 240p. Housebuilders have certainly rallied since the election but I think Grainger is flat. Any thoughts?
trytotakeiteasy
18/5/2015
06:49
AGM appeared to go well - appear pretty confident - looking forward to next update on numbers which hopefully will be back to normal with no 'one off' costs
daveb12
15/5/2015
07:21
Yes ,you got it. plus new project will bring in regular income too at some time next year.
jaws6
15/5/2015
00:48
Was ok to listen too... one thing I think is that the loss in H1 due to the company the sold something too going under may be recovered over time.... so if it gets reversed in the second half this will help...
trytotakeiteasy
14/5/2015
15:55
well good listen and says why .good to know few bits direct from them. Deals to come ? hxxp://brrmedia.co.uk/event/138623/andrew-cunningham
jaws6
14/5/2015
09:22
Hmm not sure on results anyone remember what this was about? hxxp://www.graingerplc.co.uk/~/media/Files/G/Grainger-Plc/Notice%20of%20resignation%20as%20Auditors.pdf
trytotakeiteasy
11/5/2015
16:58
Jaws6 certainly would hope that this happens, common sense says this should seriously help their cause. Pleased at the moment I did not sell on the basis Ed might of got in.
daveb12
08/5/2015
07:46
well well now Labour out ,look forward to 14 for good result and back to 220
jaws6
07/5/2015
20:08
Daejan has also fallen 10%+ in the past week or so, so 'probably' is my feeling. Plus mansion tax concerns.
grim
07/5/2015
15:01
What is going on here then... share price seems to be falling a fair bit.. Labour's rent control plan?????
trytotakeiteasy
30/3/2015
10:14
"Grainger, the UK’s largest listed residential property owner and manager, has secured planning consent for two build-to-rent schemes outside of London, totalling 212 units, demonstrating that purpose built private rental accommodation is not exclusive to city centres but can be delivered in more suburban environments. The two schemes form part of Grainger’s larger strategic land development projects – Berewood, Waterlooville (comprising 2,550 units) and Wellesley, Aldershot (comprising 3,850 units) – both located in Hampshire." hxxp://www.graingerplc.co.uk/media/press-releases/2015/hampshire-prs.aspx
scburbs
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