Lxb Retail Properties Share Discussion Threads

[shaker44] 13/1/2017 14:06

Interesting as the share price seems flat just now. You must have expectations of a move up. Any reason?

[badtime] 13/1/2017 13:29

Bought back in yesterday

[cockerhoop] 23/12/2016 18:17

10 lettings since 21st November, 5 of which since 19th December - certainly a Christmas rush at Rushden!

[tiltonboy] 23/12/2016 18:12

Likewise.Hopefully we will get a result, but not perhaps quite as good as we may have originally thought.

[mad foetus] 23/12/2016 18:07

Still here, have a good xmas tilts

[tiltonboy] 23/12/2016 17:44

Surprised there was no mention of the sale of Neats Court today, or as everybody sold out!

The balance sheet now has 10p of cash, and with Rushden in the books for nothing, improved consent could push the NAV back into the mid 50's.

Ten lettings at Rushden in the last couple of months is pleasing.

[shaker44] 19/12/2016 14:50

My question is why would you? How does it help you predict the next move in your investment? But it is pretty

[garbetklb] 19/12/2016 14:25

I struggle with the concept of charting small illiquid shares at all. Unless you managed to take out the effect of significant news flows?

I used to work with actuaries in a similarly data light environment - it was a complete nightmare......

[luckymouse] 07/12/2016 23:36

Like that :)
Or to put it the other way round - how come those capital returns lined up perfectly with the Fibonacci??

[tiltonboy] 07/12/2016 21:55

How can you chart something that has had three large returns of capital?

[yupawiese2010] 29/11/2016 22:21

Latest Neat`s Court development ( just 3 units remaining ).

[loglorry1] 26/11/2016 16:41

Does anyone know when the Rushden lakes planning application result is due?

Log

[shaker44] 26/11/2016 08:59

Good luck Simon but could be a risky strategy. the higher the potential reward the higher the risk inevitably - and possible loss. But maybe this cash is at the fringe of your investment and you have some steadier stuff too.

[simonsaid1] 25/11/2016 17:24

Sounds sensible. I have been advised before to always balance these kind of 'hold and wait for better weather' decisions against the opportunity cost of that money being illiquid while you're waiting. I had to recover 14%, so I invested in something with a realistic target price in excess of that. Fingers crossed.

[loobrush] 25/11/2016 17:05

I think that Directors probably are not buying until they know the recent selling has finished and of course have an idea of the results of the recent planning application on new land at Rushden lakes, which could materially affect the asset value if granted, as obviously it would be at a nil value at the moment.

The directors have stated that final value will be in excess of the current asset value of 38.7p, we can only guess what that may be.
However what must also be born in mind is that the way they value the assets during the construstion phases is at a discount until they are fully let. Provided there are no more write downs its possible we may get a pleaseant surprise at the end of the day.
The Directors have a wad of shares invested in the company and I am sure they are doing all they can to get the value as high as possible, so despite the dissapointment of the results I'm holding on and if it drops too low may buy some more

[simonsaid1] 25/11/2016 16:29

Thanks NPT - I sold it all today. It's my first significant loss since I started trading so it's a bit of a sting, but I think I did all I could have with the information available at the time. Best of luck to those still in.

[simonsaid1] 25/11/2016 15:56

Given the lack of director buys at this level, I'm out, sold it all at 35p. There's an opportunity cost to sitting here waiting to recover losses when I could try to make some profit elsewhere. What a shame this all was. Best of luck to everybody stuck in the red with this one.

[shaker44] 23/11/2016 06:42

Yours is a great informative post. Deserves picking up by simon thompson at IC. These folks should have their feet held to the fire. Looks a classic heads I win tails you lose. The directors should direct in shareholders interests. But I wonder how they personally benefit from

fund manager excess profit??