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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 | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| -0.50 | -0.27% | 184.40 | 643,392 | 10:17:22 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 184.30 | 184.50 | 185.80 | 183.80 | 184.80 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Real Estate Agents & Mgrs | 227.5M | 118.7M | 0.0580 | 31.79 | 3.79B |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 10:17:50 | O | 2,894 | 184.382 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 18/11/2024 | 07:47 | ALNC |  LondonMetric sells off 24 properties in UK for GBP58 million |
| 18/11/2024 | 07:00 | UK RNS | LondonMetric Property PLC £58M OF DISPOSALS & £10M RETAIL PARK ACQUISITION |
| 14/10/2024 | 07:23 | ALNC | IN BRIEF: LondonMetric adds GBP8.5 million to annual rental income |
| 14/10/2024 | 06:00 | UK RNS | LondonMetric Property PLC Occupational activity adds £8.5m of rental income |
| 02/10/2024 | 09:43 | UK RNS | LondonMetric Property PLC Additional Listing |
| 01/10/2024 | 15:24 | UK RNS | LondonMetric Property PLC Director/PDMR Shareholding |
| 25/9/2024 | 09:03 | ALNC | TOP NEWS: LondonMetric buys urban logistics portfolio |
| 25/9/2024 | 06:00 | UK RNS | LondonMetric Property PLC LONDONMETRIC BUYS £78M URBAN LOGISTICS PORTFOLIO |
| 24/9/2024 | 10:40 | ALNC | LondonMetric taps British Land's Darren Richards as investment chief |
| 24/9/2024 | 06:00 | UK RNS | LondonMetric Property PLC LONDONMETRIC APPOINTS CHIEF INVESTMENT OFFICER |
Londonmetric Property (LMP) Share Charts1 Year Londonmetric Property Chart |
|
1 Month Londonmetric Property Chart |
Intraday Londonmetric Property Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 19/11/2024 | 18:36 | LondonMetric - an assertive REIT providing a good Yield | 250 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 10:17:51 | 184.38 | 2,894 | 5,336.02 | O |
| 10:17:23 | 184.36 | 280 | 516.20 | O |
| 10:17:22 | 184.40 | 620 | 1,143.28 | AT |
| 10:17:22 | 184.40 | 60 | 110.64 | AT |
| 10:17:22 | 184.40 | 540 | 995.76 | AT |
| Top Posts |
|---|
Posted at 21/11/2024 08:20 by Londonmetric Property Daily Update Londonmetric Property Plc is listed in the Real Estate Agents & Mgrs sector of the London Stock Exchange with ticker LMP. The last closing price for Londonmetric Property was 184.90p.Londonmetric Property currently has 2,047,306,453 shares in issue. The market capitalisation of Londonmetric Property is £3,775,233,099. Londonmetric Property has a price to earnings ratio (PE ratio) of 31.79. This morning LMP shares opened at 184.80p |
Posted at 18/11/2024 18:46 by essentialinvestor I added a small amount today, but even LMP getting hit now, with arguably the best CEO in the UK listed sector. |
Posted at 05/9/2024 07:54 by wsm812 Nice to see BlackRock increasing their holdings in LMP |
Posted at 29/8/2024 07:51 by alan@bj Ex divi today. 2.8p per share. |
Posted at 16/8/2024 11:00 by rovi70 Group of watchers how look on here asked me if should sell or Hold and rather than advise others I put H to the share group. You may have seen an odd G a mistake between brain and finger. |
Posted at 31/7/2024 13:52 by bathcoup Citigroup raises LondonMetric to 'buy', - price target 251 pence-------------------- LONDON BROKER RATINGS: Citi ups LondonMetric; UBS cuts Great Portland -------------------- |
Posted at 05/6/2024 12:28 by speedsgh "The fourth quarterly interim dividend for 2024 of 3.0p per share, of which 1.5p is payable as a PID, will be payable on 22 July 2024 to shareholders on the register at the close of business on 14 June 2024.""Q1 2025 dividend expected to be 2.85p (Q1 FY24: 2.4p), an increase of 18.8%, and in line with target to pay a 12 pence per share dividend for the full year." |
Posted at 13/1/2024 12:20 by pyufak I am not a financial analyst but I did notice the drop of income I'm going to receive due to switching to 0.55 LMP shares for every one of my LXI. No complaints as I am happy with the stronger and broader portfolio (and getting rid of the investment advisor and bringing asset management in house).This got me thinking and very rough calculations ... is the enlarged LMP not going to be in an excellent position to increase the dividend substantially. Here's some back of a napkin logic prior but just wanted to put out there to see if anyone has looked at this before I look into it further: H1 LMP paid 52.32m in dividends (1.09bn shares * 4.8pp) H1 LXI paid 56.5785m in dividends (1.714.5bn shares * 3.3pp) Total: 108.9m Total shares of enlarged group = 1.09bn + (0.55 * 1.7145) = 2.032975bn Total H2 dividend payments divided by outstanding shares: 5.356p for H1 for enlarged group vs. LMP currently paying 4.8. This is an 11.6% uplift. This is just driven by LMP buying a higher yielding REIT but doesn't take into account any savings from investment advisor fee and economies of scales regarding debt costs because of the englarged group. The investment advisor fee alone could be worth just over a penny annually. |
Posted at 19/12/2023 20:20 by essentialinvestor LMP share price dipped intially on the last major acquisition, from memory - I've not double checked. |
Posted at 18/12/2023 19:11 by pyufak NAV vs. NAV I'd imagine is a good deal for LMP & LXI. At the end of September when both snapped for their most recent results - 30y gilt yields were 4.8%; now 4.1% and LXI has a 26y WAULT vs. LMP at 11y. In addition, LMP must be excited to to move all the LXI assets in house to avoid paying the 14m management advisor fee to Alvarium.LXI have recently shown assets can be sold at book value and I am sure LMP will be recycling what they don't like in fairly short order if they wished. I'm increasingly excited this is a good deal for both sides, albeit LXI shareholders benefit the most in the short term as I am hoping we're taken out at NAV. |
Posted at 24/11/2023 18:16 by redartbmud SkyI agree that it is presently difficult to see the share price return to the £2.00- £2.40 anytime soon, and the yield relative to the cost of your holding is relative, but a yield of 5.1% - 5.2% is quite tidy in the present climate. The prospect that it will increase marginally year on year is on the cards. It appears to be a part of the business model to do so. Yes, the discount of 8.5% is thin, leaving little room for manoevre, but in the medium term the odds that asset values will rise must be on the cards. Management has had a degree of successfully rotating assets in the portfolio, picking up manageable parcels and cherry picking the quality contained therein which are added to the stable. They have been very careful in selecting the type of assets on the balance sheet, combined with quality tenants. In addition their tennancies are being renegotiated at higher rates and terms of tenure extended. The question therefore is the odds on the share price returning to the 160p range and how long it is likely to stay there before bouncing back towards the 180's and hopefully beyond? Alternatively how far down might they fall to make it worthwhile to trade a few, and at what point would it be sensible to get back in? In the meantime, the dividend rolls in quarterly. Personally, I have parked my holding in a drawer for the long term, trusting management to successfully churn the portfolio and avoid the worst of market sell-offs. Everyone has a different investing style. Interested in your thinking. red |
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