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Share Name Share Symbol Market Type Share ISIN Share Description
Highcroft Investments Plc LSE:HCFT London Ordinary Share GB0004254875 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  7.50 0.88% 860.00 835.00 885.00 860.00 852.50 852.50 580 12:15:34
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment Trusts 0.0 3.5 -22.2 - 45

Highcroft Investments Share Discussion Threads

Showing 401 to 425 of 425 messages
Chat Pages: 17  16  15  14  13  12  11  10  9  8  7  6  Older
DateSubjectAuthorDiscuss
15/6/2021
11:28
That's what I thought at 940p :-(
spangle93
15/6/2021
11:21
But it is a good long term investment with a decent yield
crumppot
15/6/2021
10:59
Problem with HCFT is the poor liquidity and crazy spread.
skyship
08/4/2021
16:57
Good to see the dividend back up to a reasonable level. 57p for the year is a record I believe and up 8.6% in 2 years (with a dip, obviously, last year due to covid). To be honest I'd be fairly happy if the dividend went up by this rate in the future. Share price needs to do some catching up. Should really be back up to 900p ish.
stemis
08/4/2021
12:30
I think they have nearly a 100% occupancy other than the DW fitness unit. They have managed the portfolio well. I am holding on to my investment as they look in a good position. You will see from their balance sheet that they are selling their unit let to Jewsons in Andover, they have probably done well on the price and this will release more capital to invest on top of the cash they hold. Very happy to be in here long term.
crumppot
08/4/2021
12:02
13.8% decrease in adjusted earnings, 6% decrease in NAV - not sure, needs a big liquidity discount, you'd never get out on any bad news. Isn't alone there, but there's far more liquid REITs on similar or bigger discounts, with pretty good portfolios. 94% collection isn't bad (but see eg SIR today), 33% LTV isn't too high but the aforementioned ITs mainly in the 20's. Are they still trumpeting 100% occupancy, or thereabouts?
spectoacc
08/4/2021
10:31
Agree. Decent results, attractive valuation and solid dividends. I have held for many years in a SIPP.
mtioc
08/4/2021
10:07
Not a lot of stock about either 1tx. Decent results in difficult circumstances.
semper vigilans
08/4/2021
10:03
Yes it is inexpensive & gives a large reasonable secure yield;I will certainly be retaining my holding part of which dates back prior to it becoming a REIT.The problem for adding or others making a new investment here is the huge spread which amounts to about a years divi.
1tx
08/4/2021
09:31
It's undervalued given yield is 7.3%and discount is 30%. Especially so given portfolio is 46% industrial warehouse and 26% retail warehouse.
hugepants
08/4/2021
07:35
Can we breathe out now hTTps://www.investegate.co.uk/highcroft-invs-plc--hcft-/rns/final-results-for-the-year-ended-31-december-2020/202104080700027482U/ The tone seems to be "it's not as bad as it could have been", and there's a special dividend off 6p on top of the final one of 30p as a sweetener
spangle93
07/4/2021
02:01
Bad news - but good research 1tx. Results are due 30 April, so not long to go until the overall picture becomes clearer.
kenny
06/4/2021
12:03
I see that although the former DW Gym Ipswich site was initially taken on by Mike Ashley's Fraser Group Everlast Gyms.It appears that agreement re lease has not been reached and it is no longer listed as an Everlast Gym .I suspect MA was playing hardball,as I have seen from reports in the press.I think the previous rental was of the order of £250,000 per annum,Highcroft also own the next door property which is rented to a large motorbike dealer and I am assuming that the Gym is the major part of the total site rental.
1tx
21/1/2021
16:17
The 20 acre BA site is well located with good motorway links close to Royal Mint & Royal Glamorgan Hospital with high quality buildings in the event the lease is not renewed in a couple of years when due I would have thought it had excellent prospects for other occupiers.I think it unlikely that the entire airline business is going to fold however!
1tx
21/1/2021
10:44
Indeed - looked a great acquisition at the time - c11% yield I recall. But with Covid and the aviation debacle, now not looking quite so good!
skyship
21/1/2021
10:36
Rental collection at 93% for this qtr which is pretty good as they may get a bit more from monthlies as well. No update on previous qtrs or any detail on asset mgt initiatives they report have taken place. I like these but spread is awful and illiquid and can't even get a quote on ii sometimes. They are also leveraged to a big industrial unit that a subsidiary of BA uses for aircraft repairs which could be problematic.
nickrl
23/11/2020
16:04
I fancy a punt
crumppot
23/11/2020
15:58
Not too much evidence of the recent significant post-vaccine gains in other REITS is visible here :-(
spangle93
13/11/2020
09:53
cheers. I think currently 81% rent collection is pretty good considering they have 13% leisure assets. And they have 99% occupancy. Some other reits Ive looked at have 90% occupancy or less and claim 90% rent collection. Same difference.
hugepants
11/11/2020
20:53
HugePants its been covering dividend well for many years and its tenants look pretty stable so im surprised its collection rates are only around c80% as other posters have noted above. As gyms were shut im surmising Nuffield Health may not have paid and they were 365k pa along with DW Sports before they went into administration and were bought by the philanthropic Ashley empire who won't be rushing to pay i suspect. They covered the interim fine and even at 80% NRI they will be able to cover the 48p payout they settled on this year or c 7.5% on share price so good value.
nickrl
11/11/2020
17:02
It does look relatively cheap at the moment even if the property valuation comes down 20%
crumppot
11/11/2020
16:34
yep went ex 3 weeks ago. It'll no doubt follow the market up at some point.
hugepants
11/11/2020
16:24
Had a look earlier myself, then realised the recent dip was due to the XD.
spectoacc
11/11/2020
16:17
Hasn't moved in this rally despite having a good looking portfolio ie. 42% industrial/warehouse and 27% retail warehouse. On a 42% discount
hugepants
16/10/2020
17:03
Thanks @1tx, some good info there, which may confirm only the Oxford ex-Hotel Chocolat is the 1% vacancy. But but but - why are they failing to collect 19% of rent (not including the Hotel Chocolat), including being unable to recover that 6 months on? Who are the ones not paying, particularly if you suspect Walstead are fine?
spectoacc
Chat Pages: 17  16  15  14  13  12  11  10  9  8  7  6  Older
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