Great Portland Estates Share Discussion Threads

[essentialinvestor] 24/5/2023 11:57

Exceptional performance (not holding atm).

[essentialinvestor] 31/3/2023 19:50

Not sure on that, it's small amounts,
appreciated in any case.

[hindsight] 31/3/2023 19:11

EI, well done, you are the master on these

[essentialinvestor] 31/3/2023 13:01

Closed off my trade just above £5.

[essentialinvestor] 30/3/2023 15:24

Nice bounce. How sustainable I'm less sure on.

[essentialinvestor] 27/3/2023 12:02

Bought back in, a small amount as a trade.
Briefly available under £4 in October.

[nickrl] 24/3/2023 21:22

@EI despite fall divi yield still lousy but guess it has good assets in London that will support the share price at some point.

[essentialinvestor] 24/3/2023 18:01

Indeed, a smidge under 20% - all be it with a significant
multi year CAPEX development program ahead,
which they could flex.

GPE excel at consistent asset sales
through the cycle. Up to 2020 they had been net property sellers for 6/7 years. And some significant sales since.

[hindsight] 24/3/2023 17:28

Lost touch here a bit EI, but remember the low LTV of 20%

[essentialinvestor] 24/3/2023 15:42

Possibly heading below £4.50?. still waiting to buy.

[essentialinvestor] 22/3/2023 15:41

Beginning to look interesting again?.

[essentialinvestor] 12/2/2023 14:09

Where GPE perhaps do not get the credit they deserve, is in their outstanding record of astute asset sales, which once again we have evidence of in the recent transaction.

[essentialinvestor] 12/2/2023 14:02

I was pretty confident demand for London Grade A office would continue to remain strong - that is the top 5% or so of office space. It's a markedly different niche from the wider commercial office sector.

[hindsight] 12/2/2023 13:51

EI, the cream here has risen quite a bit

[hindsight] 04/10/2022 12:56

EI, yes and I like the LTV drop too

[essentialinvestor] 04/10/2022 11:56

Today's transaction shows a continuing demand for grade A London space.

Sold some following a lovely bounce for GPE and the sector.
Markets due one more leg down at a guess.

[essentialinvestor] 28/9/2022 15:26

Nice reversal.

[essentialinvestor] 27/9/2022 15:58

Up to my full holding here now, whether a good idea or not!.

[essentialinvestor] 23/9/2022 13:31

Back in for a very small amount. might regret this one.

[essentialinvestor] 22/9/2022 17:05

That looks a support level gone, so goodness knows where this is now heading.

[essentialinvestor] 02/9/2022 20:44

The 4.90'ish area has been support on a number of occasions,
although not sure that means much atm!.

[nickrl] 02/9/2022 19:25

EI dividend is still at naff levels and with economic chaos on the horizon i can't see them lifting it. Of course they do have some good assets so someone would probably try take them out if the price fell too low so that will probably put a floor on how low they could go.

[essentialinvestor] 02/9/2022 12:32

Anyone see some value here at current levels, tempted.

[essentialinvestor] 12/7/2022 13:29

May be heading lower?, UK economic outcome weakening for 2023/4.
Perhaps not the time to buy back in.