Share Name Share Symbol Market Type Share ISIN Share Description
Hammerson Plc LSE:HMSO London Ordinary Share GB00BK7YQK64 ORD 5P
  Price Change % Change Share Price Shares Traded Last Trade
  1.33 5.09% 27.45 29,373,236 16:35:09
Bid Price Offer Price High Price Low Price Open Price
27.44 27.49 27.85 26.43 26.43
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment Trusts 190.30 -573.80 -102.10 1,114
Last Trade Time Trade Type Trade Size Trade Price Currency
17:56:34 O 500,989 27.486 GBX

Hammerson (HMSO) Latest News (1)

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Hammerson (HMSO) Discussions and Chat

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Date Time Title Posts
01/3/202114:09HMSO Charts2,582
24/7/201802:29Hammerson (HMSO) One to Watch on Tuesday -
19/3/201809:14HMSO or INTU-
29/10/201707:57HMSO News and Charts35
03/10/201721:09The Hammerson Thread84

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Hammerson (HMSO) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-03-01 17:58:5827.49500,989137,701.84O
2021-03-01 17:48:0927.39175,31448,013.25O
2021-03-01 17:40:4127.396618.08O
2021-03-01 17:36:4227.3830.82O
2021-03-01 17:30:3227.39354,89297,197.82O
View all Hammerson trades in real-time

Hammerson (HMSO) Top Chat Posts

Hammerson Daily Update: Hammerson Plc is listed in the Real Estate Investment Trusts sector of the London Stock Exchange with ticker HMSO. The last closing price for Hammerson was 26.12p.
Hammerson Plc has a 4 week average price of 20.34p and a 12 week average price of 19.03p.
The 1 year high share price is 106.50p while the 1 year low share price is currently 14.05p.
There are currently 4,057,298,174 shares in issue and the average daily traded volume is 32,229,612 shares. The market capitalisation of Hammerson Plc is £1,113,728,348.76.
williamcooper104: A put gives you the right but not the obligation to buy a stock You pay a premium for this right which is priced depending on the volatility of the stock, the length of time the option lasts for and the level that you can sell the stock at if if you exercise your option If the share price falls below the level of the put then you can exercise your option and buy the stock lower than the level you can sell at under the option Unlike directly shorting a stock, where your potential loss is unlimited, under a purchased put you can only lose what you pay for the option
hopan: HMSO is now the 4th most shorted stock in the UK with 7.45%. There was a turn of sentiment recently especially during the latest lockdown from positive to negative. Ironically, the other most shorted stocks, like CINE, recovered pretty well even though they have some sort of equivalent debt problems and their outlets are closed for a long time. This shows there is a sentiment problem. The market thinks retail property is dead and there is no value in it. It is almost a common sentiment shared by everyone and especially institutional investors. There is also INTU nightmare from 8 months ago haunting HMSO as well. The strength of GBP might also negatively affected the price but not sure. Additionally, one hedge fund almost doubled its short position by selling 0.83% of stocks (equivalent to 33.7 million shares) on Jan 27th. This is already a not very liquid stock, daily average around 10 million shares and most are traded by algos. So three days worth of stock has become heavy on the stock price I imagine. IMO, The positive side is at this prices there is no premium like other stocks in the market due to abundant liquidity. One hopes that when there is a market correction , this stock can be at least neutral and keeps its value but you never know. This is my hope.
millennialinvestor: Like most people - I want to make as much money as possible in as little time as possible. That means having to do a lot of day trading on some high risk volatile shares. This has worked on CINE and BOO however the one I haven't made a profit on overall is HMSO. I feel there is light at the end of the tunnel for HMSO, and it's share price is well below what it should be given the circumstances. So I am using some of the profit I have made in the past few months which I can afford to lose if the worst was to happen. I've got £2k invested in hmso at the moment however I have got the option to double down if needed. Will be sitting on it indefinitely
williamcooper104: Uniball unlikely at moment as have own problems to sort outPE is a possibility; there's never been so much PE money raised for commercial real estate The parties who got close to buying Trafford were all PE So it's not impossible that there's a bid at somewhere between current share price and NAV Brookfield (via one of their funds) have bought into BL and KKR bought into GPOR, so far we haven't seen any material purchases into HMSO
researchcentre123: Coronavirus is what it's about which seems to be going up. Panic reactions have suppressed the price although in reality that is more than priced in given the ratio of 5 or six times asset value to share price. I think we'll see some dramatic movt in share price when they start dishing out vaccines.
typo56: 1hughb, flagging a trade as a 'buy' or 'sell' is always a bit questionable, because of course there are always both sides to a trade. They are simply a judgment as to which party was the aggressive participant (in the case of SETS, the passive participant is the person who places the order on the book, waiting to be hit, the aggressive participant is the person who hits an order on the book). The 18.5m trade in HMSO at close yesterday was the auction uncrossing. This is the aggregated volume of all the buy and sell orders on the SETS book that could be filled at the uncrossing price. It's therefore not really meaningful to label it as a buy or a sell. There are always large trades at close on the last day before an index move, (e.g. ITV and DGOC yesterday). I think the point of trading in Friday's closing auction is there's good liquidity and it ensures tracking of the index, whatever the price traded. The HMSO/HMON index move has been complicated by the extreme 24x rights issue. In terms of HMSO shares it was very large (about 12% of HMSO shares in issue). However, I think this can be explained by the unwinding of the HMSO/HMON arbitrage that has been going on by traders and probably funds too. 12% in HMSO equates to an arbitrage of just 0.5% in HMON. I've seen mention of 15% shorts in HMSO. This is only 0.6% of the enlarged share capital and therefore I don't see it as being very significant. Some of it could be due to an arbitrage in HMON longs.
typo56: Yes Robertinvestor, for every HMSO share you owned at close on 9th September you now own 1 x HMSO 24 x HMON (the nil paid rights shares) The nil paid rights shares give you the option to convert to fully paid HMSO shares, by payment of 15p per share. Because this is a discount to the HMSO share price it means the HMON shares (which are tradable) have some value. In theory that value should be the HMSO price minus 15p. In effect, about 90% of the value of the HMSO shares you held at close on 9th September is now in the HMON shares. You could sell HMON rather than take up the rights. However, the fact that HMON currently trades 16p-17p below HMSO makes this unattractive and if you want to obtain a better return you have to consider getting a bit sophisticated and look at shorting HMSO instead.
typo56: As alexios1201 points out, traders playing the HMON long/HMSO short arbitrage can net off their HMSO short by taking up the rights at 15p. Yesterday you could sell HMSO for 2p-3p more than the cost of buying HMON and taking up the rights, which seems a bit of an open goal for traders, as long as the HMSO shorts don't get called in early. As far as I can see, there are no dividends or other benefits attributable to the HMSO shares that are not attributable to the HMON rights. Sometimes this can be the reason why the rights appear to trade at a discount, but I don't think that's the case here. At the end of the month I think the HMSO shorts will probably reduce in absolute numbers as traders net off their arbs and will reduce massively in percentage terms as the rights shares become fully paid HMSO shares.
hpcg: The current shares are worthless on their own, and only have value as an expensive option to participate in the refinancing. Current shareholders have 8 choices: 1) Sell their rights. It is difficult to know where they will trade, and depends on where the market thinks the new shares will trade. 2) Take up partial rights. The 'breakeven' number requires an algorithm to calculate and even then is a function of the share price when the new shares trade which will determine where the rights trade, which even then may trade as an independent market. 3) Take up full writes and pump 1.53 times the value of my existing holding as at the close on Friday back into the company. This ratio changes as the current share price changes, though the cash value for the number of shares held is fixed. 4) Sell 60% of my shares to pay for cash to reinject. 5) Buy more rights in the open market. 6) Sell all of their shares and buy rights. 7) Sell their rights and use the money to buy new shares in the open market. 8) Sell all my shares now and buy back new shares in the open market. For anyone without the spare cash item 4) is the best choice I think. Waiting for the rights to trade is fraught with uncertainty. Put it this way, I am not going to pay 8p. So I don't think the right will trade for much. This is an unusual issue, the rights basically are the new share capital so they are disconnected from the current share price. I think the right might trade for 6p, in which case someone investing £2.35 today will end up with rights worth a market price of £1.48. That's a bad deal on a stand alone basis. This is just my guess, may be they sell for 8p or 10p, who knows. So for now I think the current share price has to go down because it makes little sense for anyone to buy shares at this price, given it adds risk, and it makes a lot of sense for some people to sell. For those that can afforded, and given you were invested in the first place so must think the company is worth something, the option 3 is the lowest risk choice. My choice, I'll likely short on Monday and then look for a dislocation in the rights price.
hpcg: The rights price is basically cramming existing shareholders. They either (partially) recapitalise the company or write off their existing stake. The incentive for holders, should they take that view, is that if we take equity as an option, then there could be a large gamma between the no fund raise situation and with an extra half billion quid. And really the current shares are an option. The current equity itself is worthless and frankly insignificant when it comes to the post reorg share count. Current share price is 47p. 5 shares at 47p = £2.35 Allows, after 1 for 5 consolidation: 24 shares at 15p = £3.60 total expenditure to get 25 new shares is £5.95 My cost per share is 23.8p Number of shares after rights issue = 3,831,468,050 (page 63 of the prospectus) So at 23.8p the market capitalisation would be £911.88m, call it £912m. To rationally buy shares at the open on Monday, assuming it is the same price both these things need to be true: 1) You value, and you think the market will value Hammerson at a market cap of greater than £912m. In other words post rights issue it will open above 23.8p. 2) You don't think the share price will go lower between now and last minutes of the session on the trading day before rights expire. For reference that market cap last occurred just a month ago when the shares briefly passed 119p (766,293,613 shares in issue today). So on that basis, as the company will have all that extra cash, there perhaps is a case to be made.
Hammerson share price data is direct from the London Stock Exchange
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