Lxb Retail Properties Share Discussion Threads

[sunnybeachboy] 22/1/2019 10:59

Worth a punt ?

[corbeta] 17/1/2019 17:30

Just checked and its been paid into my Barclays stockbrokers account.

[shaker44] 07/1/2019 12:52

Sure that wasn’t 7.28p.??

[adypauluk] 07/1/2019 11:09

According to simplywall.st, current share price is very undervalued with future cash flow value £7.28 v current share price 0.05. Also health of company is very strong. Looks like a great buy.

[adrianuk] 06/1/2019 19:22

Need to change board members or they will drive the company into liquidation. What a mess. I wonder how much more the share price will fall. Maybe 1 or 2p? And how long will the cash burning last? Can't see any positive news coming soon.

[mrx001] 13/12/2018 16:57

This investment has been one of my most consistent serial disappointments. Will be glad when it is over and the management team can stop lining their pockets at my expense. :0(

[tabhair] 13/12/2018 07:38

NAV cut yet again, now 11.5 to 13.5p. Awful.

Management explanation simply not acceptable here.

[tabhair] 29/11/2018 15:27

Higher Newham cost £2m in 2012 as a collection of farm houses and agricultural land. It's 6 years later and now the land has planning permission for a housing development. Is it unreasonable to think that this might be worth a bit more than £2m, given the time, money and effort that went into developing the project?

[tabhair] 16/11/2018 22:05

And it's gone. Happy Friday everyone.

hxxps://www.allsop.co.uk/properties/sutton-287-309-high-street-sm1-1an/

[mrx001] 09/11/2018 14:12

I think we won't get any money back until March, even if they do close every deal early. Just think this thing will be dragged out as long as possible. :o(

[tabhair] 08/11/2018 11:20

Sutton under offer now, hopefully at close to the asking price.

[tabhair] 05/10/2018 17:02

Some welcome good news.

Biggleswade disposed of for £2.7m. That leaves just Sutton and the remaining lettings at Rushden Lakes and the liquidation is substantially complete. Think we should be within the 26-28p guidance range with any luck.

[tabhair] 01/10/2018 22:39

Two price cuts in short order, they must not have had a single offer on the property.

The only minor positive is that at an 8% yield with 9 years left on the lease, this thing should find a buyer at something close to the £6m asking.