Lxb Retail Properties Share Discussion Threads

[simonsaid1] 28/9/2016 14:26

Can anybody explain how an 18p cash payout, at the same time as 18p coming off the share price, actually benefits shareholders? I'm no more or less wealthy for it, just I get that equity as cash rather than stock, effectively. Above I was told 'you get back more than you put in', I don't follow. The cash I receive is neutralised by my stock becoming less valuable. I must be missing a piece of the puzzle.

EDIT: Some research, from what I gather it helps when a company is making healthy profits, as you get the capital early to reinvest elsewhere. If the company isn't growing, it does indeed neutralise as above.

[tiltonboy] 28/9/2016 14:02

Yes, or very close to 18p.

[essential] 28/9/2016 13:54

So will the so drop by 18p on XDiv date?

[badtime] 22/9/2016 16:44

I see the hope to update the market with further progress on property initiatives in the near future

[fizzypop] 22/9/2016 11:48

ss1,

I did a simple back of the envelope calc last year and a 7.5 to 8% annual return would be expected (eg the norm for a REIT I believe). But if you buy the dips/sell the peaks then it can be much more.

[tiltonboy] 22/9/2016 11:31

ss1,

You are missing the fact that shareholders will get more cash back than they put in!

[simonsaid1] 22/9/2016 11:14

So, last time this happened the share price fell by the 38p of the distribution to 61p and has recovered around 12% since then.

How do you all feel about prospects this time? I don't get too excited about this cash given the share price adjusts anyway, not sure what the excitement is about. I hope I'm missing something being a newby here. Seems to me like the distributions have little impact on the overall ROI.

[tiltonboy] 22/9/2016 11:00

No later than 3rd November.

[mortimer7] 22/9/2016 10:59

They're stating payable "no later than 3rd November"

[fizzypop] 22/9/2016 10:57

18p dps capital return or super divi goes ex-div 20 Oct. Not sure about pay day.

[glynnef] 22/9/2016 10:45

Today's announcements Simon!

[simonsaid1] 22/9/2016 10:15

Sorry, what are these amounts referring to?

[ianbrewster] 19/9/2016 18:58

An aerial view of Rushden Lakes

[tiltonboy] 13/9/2016 11:03

Hopefully another 25p in the next month or so.

[badtime] 13/9/2016 09:40

Pleased to see Ayr at NAV

[tiltonboy] 13/9/2016 08:03

Rushden phases 2 & 3, should deliver the upside.

[flyfisher] 13/9/2016 07:53

NAV at the interim stage was 64.2p, since when it has sold kingsmead for a £1.7m loss, sold b&q for a £1m gain and now sold ayr at nav.
These sales, along with operating costs for the last quarter will have reduced nav, and yet the share price trades at a premium.

Which of the residual developments are likely to provide this premium ?

[yf23_1] 08/9/2016 10:24

Low bid price for small trades, offer is same.

[simonsaid1] 07/9/2016 17:01

Blimey - anyone know what shenanigans went on just before closing? Sudden precipitous drop. As usual Google finance showing this as closing price while London Stock Exchange showing a modest correction in post-close.

[tiltonboy] 31/8/2016 14:10

The sum of all future returns.

[simonsaid1] 31/8/2016 14:01

How does that final figure even work? I get confused with this, as the share price will drop with every future return, so is it just the sum of all future returns until a buyback or something when the firm finally liquidates? Sorry for ignorance, my first of this kind of holding.

[loobrush] 31/8/2016 12:56

Well he is expecting final value at 79p

[loglorry1] 31/8/2016 12:53

I don't have an IC subscription can anyone tell me what Simon Thompson has the eventual cash returned figure at now?

[speedsgh] 31/8/2016 12:32

Well guessed, tiltonboy :o)

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