Share Name Share Symbol Market Type Share ISIN Share Description
Helical Plc LSE:HLCL London Ordinary Share GB00B0FYMT95 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.50p -0.67% 371.50p 371.00p 373.50p 381.00p 359.00p 359.00p 211,254 16:35:03
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 44.2 43.5 35.8 10.4 439.00

Helical Share Discussion Threads

Showing 251 to 271 of 275 messages
Chat Pages: 11  10  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
05/7/2019
16:21
yes focuses on offices
cordwainer
05/7/2019
15:00
@Cordwainer - What type of property does CLI hold? Offices?
apollocreed1
05/7/2019
14:48
Holders of HLCL should also take a look at CLI (CLS Holdings) if they havent already. -Half of revenue from UK and the rest from Germany and France, -Lower avg cost of debt (~2.5% vs 4%), -About the same discount to NAV, -About the same rental yield. Maybe the lower debt cost is partly explained by local financing and/or that CLI tends to refurbish rather than build outright.
cordwainer
21/6/2019
17:23
i should've gone to specsavers. also wondering why not converted ? edit: had quick glance at the old RNS etc and share price hasnt moved much in five years and conversion was supposed to be at 35% premium to share price of 10 June 2014 (i.e. £4.9694) so.. no conversion. I guess there's been a referendum and a refocused strategy since then.
cordwainer
21/6/2019
16:56
fair point. suppose they could have refinanced it but i was wrong.
edwardt
21/6/2019
09:31
i don't think they were in a rush to pay off the bond, becasue as I understand it, it was a 5 year bond issued in june 2014 and so it matured naturally? "Helical has confirmed that its five year £100m Convertible Bond with a 4.0% coupon, originally issued in June 2014, has been repaid out of existing cash resources. "
llef
21/6/2019
08:58
ask yourself why management would be in a rush to pay off the convertible bond?
edwardt
20/6/2019
13:24
All gone quiet on the bid front
badtime
18/6/2019
09:03
sensible move indeed - housekeeping by the board. the fact it can be called by the board pays testament to their mindset.
edwardt
18/6/2019
07:37
"Helical has confirmed that its five year GBP100m Convertible Bond with a 4.0% coupon, originally issued in June 2014, has been repaid out of existing cash resources. The repayment of this listed unsecured debt instrument will reduce the Company's gross annual finance costs by GBP4.0m." If I'm not mistaken, a conservative but sensible move which also averts future shareholder dilution. Maybe the market still dismisses this as a diversified non-REIT property company instead of the office-only growth-postcodes defensive assets which deserve a narrower discount. Even after an international bid approach and a modest uptick, I'd say the market's asleep on this.
cordwainer
13/6/2019
08:47
i would take £5 and walk away with a wee smile.
edwardt
10/6/2019
19:14
Hopefully another bid this week otherwise I'm afraid share price might revert to it's more pessimistic discount along with the rest of the sector.
cordwainer
10/6/2019
08:52
looks like all we are arguing about now is price - seems to me that the share price is a bit slow to reflect this...
edwardt
10/6/2019
07:18
Good news that more than 1 party interested in helical... We can confirm that the Company has in the recent past been in receipt of more than one unsolicited approach from different parties. To date all proposals made have been at a significant discount to the Company's EPRA NAV and therefore in the Board's view did not reflect the fair value of the Company.
llef
09/6/2019
15:00
Indeed- let's hope we get near Nav for it- especially as they have been selling kit at premiums to nav...
edwardt
09/6/2019
06:28
It may be a very nice Monday.
essentialinvestor
06/6/2019
13:13
I think this company has the best quality office space in London and Manchester so should hold up pretty well. There's no retail property so nothing to worry about really.
apollocreed1
06/6/2019
12:40
I'm just in @ £3.5476. Been watching for quite a while. Tempted as long ago as March 2018 but now the discount to NTAV is better, the gearing is less and the yield is higher. And the London - Manchester strategy seems to be doing ok. Even if some parts of London go south, having sites near to Crossrail should be supportive (if Crossrail ever gets opened that is). Also like the comments in the results / update about Manchester's population growth. - Finger's crossed.
cordwainer
22/3/2019
14:30
Any idea why this has fallen so much over the last week?
apollocreed1
31/10/2018
11:19
Everytime this looks like breaking down to a lower trading range, it bounces back.
essentialinvestor
15/10/2018
12:49
Under 2.90, worth a look, just my best guess. May not get there.
essentialinvestor
Chat Pages: 11  10  9  8  7  6  5  4  3  2  1
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