Lxb Retail Properties Share Discussion Threads

[loobrush] 19/2/2016 16:22

Thanks eeza

[loobrush] 19/2/2016 15:42

Can anyone help?
We have an EGM on the 29th Feb do we also have an AGM coming up, please advise ?

[mad foetus] 19/2/2016 10:47

I wonder if there are any shenanigans going on to keep the share price below the 101p "alleged NAV" until after the AGM? Surely not.

[celeritas] 17/2/2016 16:07

lxb bought the name in 09, anyone know how much for?

The UK could do with a lot more of this type of build, it's as close as you'll get to living in a center parcs scene.

[celeritas] 17/2/2016 10:21

The Truro living village looks gorgeous, certainly somewhere I'd love to live.

[celeritas] 17/2/2016 10:11

Yep, you are right it's not relevant here.

I can see prs funds taking up the slack using shareholder cash to avoid the interest side of mortgage debt.
Over the coming years those with interest only mortgages will be selling their rental properties as the full realisation of the tax changes slowly over the next 3 years works in.
People wont stop renting, lets face it if you can't afford a mortgage now you never will. Power will pass to listed companies who will completely control the rental mkt in the next 10 years. Buy to let on interest only mortgages is over unless you can afford a huge deposit.

Anyone got a favourite prs company as I'm currently researching them?

[soundbuy] 16/2/2016 15:55

What’s Spooking the Commercial Property Market?



Not so relevant here but perhaps for holders of other REITS

[catsick] 16/2/2016 05:23

To be honest the new hurdle is a little cheeky to investors from day1 who have made around 6 percent irr to date but recent investors such as myself cant complain, plus you can buy shares in the market right now at 97 and the hurdle wont kick in until you are up over 15 percent which is still pretty reasonable !

[nk104] 11/2/2016 15:49

Picked up a few more. While I take the points about the hurdle rates, I'm thinking there's money to be made in this over the next 15 months.

[badtime] 11/2/2016 13:57

Best to try and keep an open mind then..and wait for the detail

[horndean eagle] 10/2/2016 18:25

Valuations for Ayr and Truro are way out of kilter. Tied to either of these supermarket developments are big contributions to local infrastructure. Roads etc. LXB will do well to get their money back and a few million on top for the 2 schemes.

[redhill9] 10/2/2016 17:56

I'd suggest the "sting in the tail" is the uncertainty that always surrounds actually converting value to cash. It's one thing to declare a property as being worth a certain amount but actually selling it for that value may be another matter. And don't forget the share price is currently not that much below the latest declared NAV, whatever thoughts some may have as to the validity of that NAV figure.

However.....I'd tend to share your view that it should be safe, and possibly rather better than safe.

[fft] 10/2/2016 17:39

For anyone who is late to the party, this does seem like a safe investment in a time of uncertainty.

Even allowing for a completely unexpected event, an investor shouldn't lose any money on this (hope that's not famous last words), and should probably get a 20% return in the next 15 months (which beats the hell out of most things), and may get more.

However the market hasn't priced it in yet, so is it possible there is a sting in the tail ?

[tiltonboy] 10/2/2016 16:56

mf,

Crazy busy at the moment, and only just realised that I hadn't checked in today.

[eeza] 10/2/2016 11:39

Unfortunately daneswooddynamo the money, for the greedy-boys, is coming from s/hlder's pockets.

[daneswooddynamo] 10/2/2016 11:29

more a personal opinion than "advice"! lol

[daneswooddynamo] 10/2/2016 11:20

let me be clear npt, I admire your stance and agree with you 100 percent; a smelly deal smacking of greed.

but zippo anyone can do about it although a tongue lashing for the board always makes one feel better!

as an investor wanting to make money from here and now, often worthwhile hanging on the coattails of the greedy boys as now they have an even bigger incentive to maximise the greed

[badtime] 10/2/2016 11:09

I kinda fall into the JCL bracket .. only being around I think about 18 months ..but I welcome and understand NPT's input

[daneswooddynamo] 10/2/2016 10:57

meanwhile back in the real world 120p plus on offer within 12 months for the princely sum of 97p