We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
The Local Shopping Reit Plc | LSE:LSR | London | Ordinary Share | GB00B1VS7G47 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 20.30 | 20.20 | 21.00 | - | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
12/2/2018 11:04 | you've been singing that tune for quite a while now hillowad. using a NAV of 41.25p, 95p in the £ for the remaining sales this year (the 4 most expensive properties on the books having just been sold?), 85p in the £ for the remaining 40 properties after the end of the financial year, and £1m wrap up costs, you get about 36p for distribution to shareholders, or thereabouts looks good value to me - political shenanigans looks to be the greatest risk followed by a spill over from the wobbles in the American market but things would have to get pretty serious for that to start making an in-road into LSR remaining sales values. | frazboy | |
12/2/2018 10:40 | Strath Its a fair result You are ignoring the fact that the proceeds by private treaty are 10 times larger than the total achieved at auction Apply a similar discount to the remainder plus wrapping up the company its coming down to below 36p a share where property values are probably falling as leases shorten | hillofwad | |
12/2/2018 10:08 | The 12 smaller properties have effectively been sold at NAV whilst the 4 larger properties have obviously been sold at a higher price than when offered as part of a larger portfolio. A very good result. | strathroyal | |
12/2/2018 09:10 | Hindsight i think you are reading it correctly Take 10% off for further discounting , sale fees and exit/head office costs it doesn't leave Thalassa with a fat lot of a return on their investment if they sit tight | hillofwad | |
12/2/2018 09:05 | Still looking for a final distribution of 37p-38p. With that coming somewhere between 9m-18m, surely makes LSR a solid HOLD; and a BUY @ 31p... | skyship | |
12/2/2018 08:59 | The loss on the properties sold is £685k, which equates to 0.83p off NAV. The company would have received income for three months, but would also have had running costs. I would guesstimate that the NAV is now in the order of 41.25p | tiltonboy | |
12/2/2018 08:47 | They had over £10m in cash as at end of last financial year | jmf69 | |
12/2/2018 08:46 | hindsight, I don't think so. There's working capital/cash not included in the numbers. I think NAV/share is more like 41.5 - 42.0p Happy to be corrected tho! | frazboy | |
12/2/2018 08:39 | Am I reading this right 42.7m - 10.9m bank debt = 31.8m / 82.51m shares = 38.5p | hindsight | |
12/2/2018 08:16 | Hillofwad, My understanding was that you were suggesting THAL might make an offer for the whole company, I personally couldn't see a rationale. Best for them to sit tight and take the proceeds when due. | cockerhoop | |
12/2/2018 08:10 | Thalassa is not going to buy them. | gfrae | |
12/2/2018 08:06 | At least there appears to be some real intent now. Perhaps Mr Miller has been chivvying them along. | tiltonboy | |
12/2/2018 07:55 | Tilts - that 30p you paid on the 7th looks to be good value today... | skyship | |
12/2/2018 07:52 | THAL certainly now have the money but what would be their motivation at this late stage of the process? | cockerhoop | |
12/2/2018 07:35 | Good to hear they are managing to shift bigger lots without too much of a discount mitgated by the smaller auction sales .Maybe they will be another tranche coming out soon with bigger haircuts Lets not forget many of their purchases were by way of sale and leaseback where the value of the asset is underpinned by the length of lease to the financial status of the occupier.Deteriorati Difficult to see what Thalassa are going to do sit and wait for a breakup which might give them a profit or strike when the lot size is more manageable which could be anytime soon Should think they could easily win the day at 36/37p? | hillofwad | |
07/2/2018 14:43 | I went on the bid at 30p and got stuffed in. | tiltonboy | |
07/2/2018 14:36 | Yes cant argue with those results-slowly but surely share price starting to look tempting!!! | hillofwad | |
07/2/2018 09:33 | Thanks to you two too. | gfrae | |
06/2/2018 18:25 | fraz, You are obviously quicker at typing than me! | tiltonboy | |
06/2/2018 17:17 | Thank you, to you both for that info. | hindsight | |
06/2/2018 16:50 | Thnx for that you two. As Tilts says, a very respectable performance. | skyship | |
06/2/2018 16:44 | More than satisfactory afternoon: Lot 113 - sold for 255k v 215k guide Lot 120 - sold for 180k v 100-125k guide Lot 121 - sold for 72k v 50-60k guide Without Lot 54, a respectable £730k raised before charges. | tiltonboy | |
06/2/2018 16:40 | Not a bad afternoon, hey Tilton? I make it: Lot 113: 255k vs. ~225k Guide Lot 120: 180k vs. ~112.5k Guide Lot 121: 72k vs. ~55k Guide | frazboy |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions