Hammerson Share Discussion Threads

[technowiz] 23/9/2020 08:28

looks like no trading in HMON today.

[1hughb] 23/9/2020 08:06

De Beer buying more rights.... Quite encouraging when insiders carry on buying

[technowiz] 23/9/2020 07:45

RNS: HAMMERSON PLC - Nil Paid Rights Price Monitoring Extension

don't usually get one before market open?

[technowiz] 22/9/2020 16:16

wish i had bought some HMON instead. profit to be made there.

[technowiz] 22/9/2020 16:11

every bounce up to resistance it gets knocked down. it won't last.

[alexios1201] 22/9/2020 12:13

And back to 2p HMONGeez they are so volatile

[sr2day] 22/9/2020 10:43

two days to go to get in at this level.it could be only hours as there will be a big scramble any time imo.the arbitrage games stop after thursday,s close

[alexios1201] 22/9/2020 10:33

NAV £4Bn at zero discountMcap at 20p £766MTons of upsideIt's finding the lowest possible entry...Don't think we saw the bottom yetScale in gradually IMO

[sr2day] 22/9/2020 10:28

25p by friday if not earlier.

[technowiz] 22/9/2020 10:25

how many shares in issue once all done and dusted?
my calcs:
153.26m shares in issue now? then 153.26 * 24=3678.24m, total 3831.5m shares
so what mcap you think the company should be? then work out share price

[alexios1201] 22/9/2020 10:01

HMON mooning haOver 100% up

[alexios1201] 22/9/2020 09:30

Adjust for dilution which is 80p equivalent NAV 104p nowTrading at under 20pWill be fun to see where it settles in the next 3-5sessions

[dev80] 22/9/2020 09:00

It was at £4 a share. Geeeez made how the fall is so quick

[technowiz] 22/9/2020 08:56

10,000,000 @ 2.26p

massive buy.

[typo56] 21/9/2020 18:03

Yes technowiz, HMSO shorts can close by buying the nil paid shares and paying the 15p.

Some days ago the arb was very tempting, with HMSO trading 17p-18p higher than HMON. On Friday (I think) HMSO traded for a while less than 15p higher than HMON, so some traders will have closed then, rather than take up the rights.

[alexios1201] 21/9/2020 16:28

HMON 2pHMSO 18.5 stillLower yet

[technowiz] 21/9/2020 16:24

can shorts close by buying the nil paid rights?

[researchcentre123] 21/9/2020 13:15

I think for most shopkeepers, there is little profit to be had in corona times so a landlord doing a deal to get some rent is always a good one. However, as few people are actively renting now, it means that deals done now are obviously low. In the long run, the world has to be more flexible and so there always had to be a turn towards more flexible rents including turnover. But although rents will be down a bit obviously although not all as much as that headline (those shops were closing anyway precorona and staying open on the basis of slashed rents), I think they'll go up again when corona is over. Like the Hammerson share price that goes up and down like a seasaw, rents can go up as well as down. They always have and they always will. Judging by that woman who may get the job, at least they are interviewing people who seem to be flexible.

[technowiz] 21/9/2020 12:11

if nil paid rights are 3p why is HMSO at 19p? should it not be 18p?

[technowiz] 21/9/2020 12:10

is it too late to buy HMNO nil paids at 4p then get HMSO at 15p? 3p+15p=18p HMSO is 19p+

[alexios1201] 21/9/2020 12:08

Rights cannot trade bellow zero can they???I mean nil paids?Currently HMON at 3p

[essentialinvestor] 21/9/2020 12:05

Research, you might like to read last week's statement from Next PLC
re the rent reductions they've negotiated on lesse renewals.

50٪ reduction on average.

[typo56] 21/9/2020 11:59

People are probably having to commit now with their brokers if they want to take up the rights. They're then locked in and may find they can't sell their new HMSO until next week. Could be painful to watch if HMSO continue to slide.

[alexios1201] 21/9/2020 11:30

HMON 3.5pHMSO 19'sWipeout for rights

[researchcentre123] 21/9/2020 11:29

Here's the value investor formula and why this fits: Templeton's basic formula is to divide the total value of a company by the number of shares the company has distributed," wrote biographer William Proctor. "This calculating will give you the true value of a company's stock, and if the market price is lower, it's a bargain." This method was used to operate the Templeton Growth Fund, opened in 1954. It was spectacularly successful, with the fund producing an annualized return of 14 percent over several decades. According to John J. Miller, a $10,000 investment in 1954 would have been worth $2 million in 1992, when Templeton sold the fund. Currently the asset base of this share is 104p after subtracting debt so if you get in at 20p there is a lot of upside.