Share Name Share Symbol Market Type Share ISIN Share Description
Lxi Reit LSE:LXI London Ordinary Share GB00BYQ46T41 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.50p -1.36% 108.50p 108.50p 109.00p 110.00p 109.00p 110.00p 301,923 16:35:28
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment Trusts 9.3 21.0 15.1 7.2 213.62

Lxi Reit Share Discussion Threads

Showing 101 to 124 of 125 messages
Chat Pages: 5  4  3  2  1
DateSubjectAuthorDiscuss
18/6/2018
17:09
Company Factsheet
skinny
14/6/2018
05:37
Share doingbreally well anyway!
gswredland
12/6/2018
07:49
LXI acquired a Motorpoint showroom in Lancashire last August, and some posters worried that it might be the wrong sector to invest in. Anyway, Motorpoint issued some very good results this morning so wrong sector maybe, but right company! premium to nav now about 6%.
jonwig
04/6/2018
09:57
Possibly - Friday's volume was the highest this year.
skinny
01/6/2018
16:40
Skinny - a lot of boring REITs floated last year, seem to be doing nothing, or less. I'm pleased to have landed in this one - maybe other investors are switching to get some expertise?
jonwig
01/6/2018
16:09
Interesting rise today.
skinny
21/5/2018
07:57
jonwig,Thanks,Purchased some MXF recently,and I will see what happens with the resulting Hargreaves Lansdown dividend payment on MXF.
garycook
21/5/2018
07:54
@ Gary - my LXI are with a broker who pays the PID net and reclaims the tax. This then appears a few weeks later. I also use another broker which pays PIDs gross in an ISA. I think cheaper brokers will do he reclaim route, as they will have both ISA and non-ISA holders, which would make them extra work.
jonwig
21/5/2018
07:30
jonwig,and Skinny,If you are holders of LXI or other REITS.Do you get paid the dividend in full,if the Nominee for eg HL is your broker,and the shares are in there name and not yours ?
garycook
21/5/2018
07:27
FINAL DIVIDEND
skinny
21/5/2018
07:12
First set of annual results look outstanding: https://www.investegate.co.uk/lxi-reit-plc--lxi-/rns/annual-results/201805210700076435O/ Growing NAV from 98.0p to 107.67p and raising current and prospective dividends shows some skill. But unlikely to trade above par in this climate.
jonwig
02/5/2018
10:31
COMPLETION OF CONSTRUCTION WORKS TO GE OIL & GAS FACILITY The Board of LXi REIT plc (ticker: LXI), the specialist inflation-protected very long income REIT, is pleased to announce that the construction works have now completed, on schedule and on budget, in respect of the new manufacturing and head office facility built for the GE Oil & Gas group in Cramlington, near Newcastle (the "Property"). The Company forward funded the Property on a fully pre-let and fixed-price basis at a 5.75% net initial yield (£11.09m) and received a developer licence fee during the construction period. The Property has been fully pre-let to GE's Oil & Gas subsidiary, PII Ltd, whose lease obligations are guaranteed by its parent, GE UK Group. The lease runs for a term of 20 years (with no tenant break right) from completion of construction works and is subject to five yearly upward only rent reviews index-linked to the Retail Price Index (collared and capped at 1.5% p.a. and 3.5% p.a. compound). The Property has been purpose built for the tenant to a high specification as its new headquarters office and industrial facility, comprising of a 74,110 sq ft two storey office and double height industrial space with associated car parking and service yards.
skinny
17/4/2018
10:49
floating for the benefit of the fund managers. oh no not another REIT coming to the market. probably be undersubscribed. will invest in same areas as other REITs. will take too long to invest the money. will pay the same dividend as most other REITs shares will probably linger around the issue price for ages (which is better that RESI). yawn
tyranosaurus
17/4/2018
09:28
New REIT FSHR - FUNDAMENTUM SUPPORTED HOUSING REIT PLC. yield aim 5% - any views?
skinny
21/3/2018
14:08
I am out for now
toffeeman
20/3/2018
13:13
Thanks Jon I am not bothered - just looking at the prospect of selling now and buying back lower down!
toffeeman
20/3/2018
12:50
Toffee - on a quick look, the investment manager fee is around 0.9% of the gross assets. Looks OK. Do housing associations go bust? I think it's never happened, though one is in trouble at present I think. A lot of its tenants are pretty large companies. Retail is a small proportion, and I'd be most concerned about care homes. They do say most of their properties have strong residual value, which might help. It always pays to have concerns, but I haven't been particularly bothered by this company.
jonwig
20/3/2018
12:18
For Discussion: While LXI has secured real rent increases on the properties it has let, there remain two potential issues (or maybe others which I haven't thought of) 1. Are the overheads of running the Trust too high? 2. Could some of the tenants go bust? It seems to me that the share price is currently discounting no 2 but if there is significant downward pressures on rents (eg CPR and MTC - even though I realise the LXI property portfolio differs!) Could tenants try to resist increases in the future - after all LXI can't very well be responsilbe for forcing the closure of sheltered housing! I am concerned that the rice will fall further despite the yield
toffeeman
19/3/2018
08:13
Quarterly Fact Sheet
skinny
07/3/2018
13:18
OR.... the market sees some risk in the LXI portfolio otherwise why isn't the price higher? 5.5p on a price of 130 is still over 4% AND why if they are fully invested do they need such a large board/staff complement. Just saying (in from the start)
toffeeman
07/3/2018
12:29
I'm tempted to top up on these. My Natwest 9% prefs are currently at all time high of 171p and yielding only just a bit over 5% now. So maybe I should swap them for the fairly/lowly valued LXI shares. I figure if we get another economic shock then LXI will hold their ground better.
winsome
07/3/2018
07:12
Total return and dividend targets increased from IPO ones: Https://www.investegate.co.uk/lxi-reit-plc--lxi-/rns/increase-in-dividend-targets/201803070700049040G/
jonwig
16/2/2018
08:01
The Board of LXi REIT plc (ticker: LXI) has declared an interim dividend in respect of the period from 1 October 2017 to 31 December 2017 of 1.0 pence per ordinary share, payable on 29 March 2018 to shareholders on the register at 2 March 2018. The ex-dividend date will be 1 March 2018. 0.9 pence of this dividend will be paid as a Property Income Distribution ("PID") and 0.1 pence will be paid as an ordinary UK dividend ("non-PID"). PID dividends are paid out of tax-exempt property rental income. Dividends paid from licence fee income that the Company receives from developers during the construction period on forward funding projects are treated as non-PID dividends. Shareholders entitled to elect to receive PID distributions without deduction for withholding tax should complete the declaration form which is available in the Investors section of the Company's website, www.lxireit.com and returned to the Company's registrar, Link Asset Services, at The Registry, 34 Beckenham Road, Beckenham, Kent, BR3 4TU.
skinny
05/2/2018
12:00
It's good to see they regularly give all the numbers for their acquisitions. So they get a net yield of around 6.2% on debt costing them 2.85%. How 'safe' are the properties? The Dundee students pretty secure, the Rotherham biomass a slight odour, I guess!
jonwig
Chat Pages: 5  4  3  2  1
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