Lxb Retail Properties Share Discussion Threads

[tugwil] 10/6/2015 09:49

Nor have I from iDealing & Barclays

[silkywhite] 10/6/2015 09:35

i still don't have my dosh either from tdwaterhouse or iwebsharedealing

[stupidboypike] 10/6/2015 07:15

got my dosh - reinvested it here - looks very good risk/reward to me.

Best regards SBP

[badtime] 09/6/2015 23:54

Anyone get there dosh?

[cousin jack] 09/6/2015 23:18

Assuming that future distributions are structured similarly to the recent one, I am presuming there are consequently no advantages to switching my wife's holding into an ISA given that she is a basic rate taxpayer. Or am I missing something ? Any advice in this point would be appreciated.

[fizzypop] 08/6/2015 13:47

Back to 91p and looking cheap. 45p dps payout tomorrow, may well plough this back in.

[mad foetus] 05/6/2015 08:39

worth remembering:

"The Chairman's Statement reports the Board's view that there is still significant potential value to be unlocked in the Group's balance sheet and that the Board expects to be able to provide much greater clarity about the remaining value within the next 12 months. Shareholders may find it helpful to understand that the Group's current internal appraisals are suggesting that over time there is a further GBP75.8m of potential unrealised NAV in the investment portfolio, including the further phases at Rushden Lakes."

Added to the last NAV and taking away the recent distribution, suggests a NAV in the 130-140p range, and I suspect that assumes no growth in commercial property values over the next 12 months. I am more than happy to accumulate more at this level, the risk/reward ratio here is very attractive.

[badtime] 29/5/2015 10:21

June 9th is good,,quite pleased with that

[redhill9] 29/5/2015 09:23

Ah yes, thanks eeza. Makes sense.

[eeza] 29/5/2015 09:10

No - still 9 June for payment

"B Share Redemption Date 1 June 2015
Dispatch of cheques or CREST accounts credited 9 June 2015
(as appropriate) in respect of B Shares
redeemed on the B Share Purchase Date "

[redhill9] 29/5/2015 09:03

Or 1 June if you selected Option 2: B Share Redemption which I did as my LXB are held outside of ISA or SIPP. Big improvement on previous date of 9 July - if the share price holds current levels (or lower!) when the cash is available I may use proceeds to buy some more.

[eeza] 29/5/2015 07:33

Payment of ROC/Div now on 9 June.

[eeza] 28/5/2015 18:32

Hendersons going to zero, IMO.

[tiltonboy] 28/5/2015 17:55

It isnt the MM's that took it lower (it's a SETS stock), there has been a persistent seller for weeks, who continued to sell this morning.

[woozle1] 28/5/2015 17:20

so do i .. i think i've traded my way out of the loss from selling earlier .. W

[badtime] 28/5/2015 16:40

Added earlier at 91p I seem to have quite a few now

[kev0856153] 28/5/2015 16:27

The market makers screwed up. This should never have dropped by 45p because it made the discount to NAV bigger

[molrey] 28/5/2015 15:02

NAV may have been 97p at last B/S date, but expected to be around £1.11 following recent disposals of Biggleswade and Rushden. Add in potential unrealised gains in NAV from Internal appraisals suggest potential NAV to be £1.36.

Bull case being potential 50% upside with property/cash backed downside. This is the most attractive point I've seen in the last 2 years (wasn't watching before that) on a risk/reward basis to purchase LXB.

[stupidboypike] 28/5/2015 14:27

silkywhite, this post sums it up nicely:-


Best regards SBP

[silkywhite] 28/5/2015 14:19

can someone post the bull case because Im not seeing it.

NAV is 142p. They return 45p. Share price is now 91p and NAV is 97p. Not much to go for there.

[mad foetus] 28/5/2015 14:05

That's them. You (meaning me) live and learn. Because I am offshore I use HL as they are one of the few providers that have a decent funds platform and allow non UK residents to open accounts. but sometimes I am not sure whether they get the best price or access to markets. Still, I'm hoping to hold this for a while so it is relatively immaterial in this case.

[woozle1] 28/5/2015 14:05

loobrush .. if I get to keep that cheque I'll be well pleased but, sadly, I think I'll be handing it on!
W

[skyship] 28/5/2015 14:01

MF - if traded at c13:18, then it seems as though your trades may have gone through on ISDX: