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Share Name Share Symbol Market Type Share ISIN Share Description
Londonmetric Property Plc LSE:LMP London Ordinary Share GB00B4WFW713 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 219.80 219.40 219.80 222.40 219.20 221.00 455,754 12:58:23
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment Trusts 113.4 -6.7 -0.7 - 1,997

Londonmetric Property Share Discussion Threads

Showing 76 to 99 of 100 messages
Chat Pages: 4  3  2  1
DateSubjectAuthorDiscuss
23/3/2021
23:02
I could never understand why this was so high compared to warehouse big box reit
freeservice3
22/3/2021
08:07
207p --- The absurd over-valuation continuing to unravel. Stupidly closed out my last short long ago....DOH!
skyship
17/1/2021
14:39
Rise of the Shed Masters.
skinny
30/12/2020
15:38
Thnx LMP - taken the turn...now down to 235p...
skyship
29/12/2020
09:24
Having receded to 220p since my last; heyho - here we go again - up to 242p for a 37% PREMIUM & a lowly 3.5% Yield. Such an absurd over-valuation. Gone short...
skyship
28/11/2020
09:30
TRY Interim statement shows they reduce their LMP stake on valuation grounds: ============================================================================= Within the logistics space we took substantial profits in LondonMetric, recycling into Argan in France, Montea and VGP in Belgium and VIB Vermoegen in Germany. The sales in LondonMetric were valuation based and we continue to have a significant holding and full confidence in management. Although London office exposure fell, we added to German cities through Aroundtown and CLS Holdings.
skyship
20/11/2020
13:59
Sorry Pete - I wish you well with these; however with the low yield and a seeming 240p cap on the sp, surely you could now be doing better elsewhere.
skyship
20/11/2020
12:54
Happy to again take a few pennies shorting this grossly overvalued REIT - under 4% yield & 35% NAV premium. Totally daft!
skyship
20/11/2020
10:37
Healthy half year report divi up .2p every little helpd
petewy
10/11/2020
16:36
Well, I have to confess I closed my short @ 232p just ahead of Monday's blast. Saw them up above 240p & thought it was a good close out. Now back down to 223p whereas all other propcos without exception in very healthy positive territory; and certainly happy with that!
skyship
10/11/2020
14:06
Good forecast SKY. Today dropped to 224p.I bought in a while back so my divi is 5%
petewy
05/11/2020
13:26
Once again these are looking way too expensive v. all their peers - a 35% NAV premium, yes A 35% NAV PREMIUM, is an absurd over-valuation. A great short @ 232p IMO...
skyship
09/10/2020
10:37
What are the growth opportunities for warehouse and logistics companies? Investor’s Champion has taken a look at a number of companies including London Metric. #CLG #SGRO #BBOX #WHR
energeticbacker
03/8/2020
08:59
Hmm - 228p - think I should change the title of the Header to: "An over-valued REIT providing a cr#p yield"
skyship
07/7/2020
20:41
Not exactly stretching as the current price is above that.
grahamburn
18/6/2020
10:06
Eg Great Portland and Derwent have for most of the land 20 years traded on premiums to NAV of 15-30 percent Red Book NAV does not capture future asset management and development gains
williamcooper104
18/6/2020
10:04
There's better shorts LondonMet have one of the best management teams in the industry Overvalued reits have a cost of capital arbitrage over private markets so they can accertivrly raise equity to acquire assets - so you could be waiting a long time for the valuation to correct
williamcooper104
18/6/2020
09:59
Skyship, you may get another chance as this seems to be defying gravity. Quite risky to short something in such an obvious up-trend, no advice intended but might be worth waiting for some evidence of a reversal. D.
aylingd
11/6/2020
07:22
Have been trying to find a spread-betting operation that would accept a non-UK resident client. Found one in Accendo; but also sounds as though a CFD a/c would be a better vehicle for shorting these. Unfortunately they turned down from 220p just as I found them, so missed the top. They are still absurdly over-priced; but may be I will study CFD trading a little first...
skyship
11/6/2020
04:13
Webcast available for the always interesting presentation by Mr Jones: htTps://www.londonmetric.com/investors/report-presentation/year/2020
rambutan2
04/2/2020
10:03
Losos - the November Interims show the EPRA NAV flat at 174.9p. At today's 227p the premium is still a staggering 23%. Sp carving out a big top formation and drifting down - headed toward 200p IMO...though would still be too high even at that level.
skyship
02/2/2020
14:39
SKYSHIP -"absurdly over-valued on a 24% PREMIUM" I got a slightly different figure but I'm not sure which figures to use. In the accounts there's several figures for NAV depending on how debt is treated (At PAR, at fair value etc) Not being an accountant I'm not sure what most people use.
losos
01/1/2020
11:22
Indeed, and at a discount to book; yet the Sp rises a few pence. I just don't understand the idiocy of the valuation here! ========================================== 20 December 2019: LONDONMETRIC SELLS FOUR DISTRIBUTION ASSETS FOR GBP145.3 MILLION; FURTHER REDUCING ITS MEGA BOX EXPOSURE The total consideration reflects a 2.6% discount to 30 September book value.
skyship
20/12/2019
08:36
Selling four properties and warehouses at that?
petewy
Chat Pages: 4  3  2  1
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