Hammerson Share Discussion Threads

[robertball] 16/11/2024 03:51

Positive FT article re: commercial values. Turning point or value trap?

[thomstar] 08/11/2024 16:00

This has been bobbing around in the toilet bowl for ages about time someone pulled the flush

[giammy85] 02/10/2024 11:14

They are making a last minute offer to purchase 2026-2028 bonds. I see they have done something similar in the past but I am not sure how to calculare the purchase price. There is no practival example in the Bond Tender Offers. Anyone knows?
Benchmark GB00BL68HJ26 has a YTM of 3.75% + a 0.85% spread for the 2026 bonds gives 4.6%. 2026 bonds are now trading around 102 mid.

[sr2day] 18/9/2024 07:25

High volume this morning.what,s up.

[elsa7878] 29/8/2024 17:34

Very interesting. Could you provide a little more detail on the latter point. Many thanks.

[mountpleasant] 26/8/2024 13:10

Article in latest edition of the Phoenix magazine.
Its not complimentary at all.
Talks about a 500m valuation write-down.
Lists a series of management errors, and especially attacking the CEO for expressing a personal vision for the company, instead of a corporate vision.

[orchestralis] 25/7/2024 08:57

Another share consolidation announcement

[thomstar] 24/7/2024 11:32

But not for long and not very high

[williamcooper104] 22/7/2024 15:23

Buyer is the family office of the main sharholders in LMVH It's basically the owner of a lot of the tenants buying it

[trcml] 22/7/2024 15:01

HMSo can't wait to spend the £600M+. Interestingly, the comment that the interest on the money offsets the loss of rental income. By the same token, selling the entire portfolio would probably earn as much interest. Bringing the divi to yield up the same level as another REITS is welcome. But I like having a few thousand shares rather than a few hundred. Never having heard of the buyer, I sent the CEOs my newsletter from June 1998, in which I predicted what has happened since and continues to happen to retailers.

[williamcooper104] 22/7/2024 07:31

They tend to be these days Were a lot more optimistic pre GFC

[redoctober5] 13/7/2024 17:51

aby1972 . Atleas tell us wha it says

[aby1972] 13/7/2024 17:18

Great article in ft today about hammerson property valuations

[nickrl] 20/5/2024 07:43

BLND shifting half of Meadowhall at 3% above Sept23 valuation is a potential positive that there maybe a floor now on this corner of retail.

[williamcooper104] 19/5/2024 10:13

Common equity

[mountpleasant] 19/5/2024 07:56

They are in talks to sell Kildare Village, outlets mall.. similar to Bicester model. Named in Sunday Times today, bidder is LVMH. Why are they selling a key asset that is profitable? Is it due to the debt levels?

[aby1972] 17/5/2024 10:04

What does jump in the common meanNo idea what your saying

[williamcooper104] 16/5/2024 17:46

Oh - looks like Bicester/value retail sold Might jump into the common

[skyship] 26/1/2024 10:32

Wc104 - I've sent you a Private Message...

[williamcooper104] 25/1/2024 08:22

Just traded out of some of my bonds Bought at 12 YTMs and sold at just over 6 Balance sheet repair is working Still not hugely tempted by the common Would rather pay more for SPG