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Share Name Share Symbol Market Type Share ISIN Share Description
Lxi Reit Plc 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
  -1.80 -1.22% 145.40 145.20 145.60 146.00 144.60 145.80 1,643,381 16:35:18
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment Trusts 42.8 39.9 7.6 19.1 1,018

Lxi Reit Share Discussion Threads

Showing 151 to 175 of 350 messages
Chat Pages: 14  13  12  11  10  9  8  7  6  5  4  3  Older
DateSubjectAuthorDiscuss
21/5/2019
05:43
Informative article explaining how LXI can apparently buy properties at knockdown prices: https://citywire.co.uk/investment-trust-insider/news/lxi-reit-raising-100m-as-open-ended-funds-drop-deals/a1231152?ref=investment-trust-insider-latest-news-list Concludes: Ewan Lovett-Turner, analyst at Numis Securities, commented: ‘LXI has been our preferred stock in the long-lease space for some time, reflecting our view that the manager continues to acquire well, crystallise uplifts and recycle capital swiftly, driving attractive returns ahead of its 8% pa target ‘Shareholders may well view the current equity raise as an opportunity to buy the shares at a lower premium to NAV,’ he added.
jonwig
20/5/2019
07:13
Actually, this is such a big issue that the share price is sure to fall back, as holders expect to repurchase at 118. Expect a period of indigestion maybe three weeks.
jonwig
20/5/2019
07:05
Lovely results here. Seem to be doing all the right things. Jonwig reckon I will be joining you.
ironstorm
20/5/2019
06:55
Seem to be delivering in spades, yet again! Interesting to see that the fundraising of £100m could be doubled as far as £200m. I can easily see it passing 100, but will it reach 200? I'll be doing my bit anyway, I think!
jonwig
20/5/2019
06:14
Annual results. Dividend declaration & increased target dividends. Proposed £100 million issue of equity. Summary · Issue of up to 84,555,569 New Ordinary Shares pursuant to a Placing, Open Offer, Offer for Subscription and Intermediaries Offer, targeting gross proceeds of approximately £100 million · Qualifying Shareholders are being offered the opportunity to participate in the Open Offer on the basis of 6 New Ordinary Shares for every 25 Existing Ordinary Shares · Qualifying Shareholders are also being offered the opportunity to subscribe for New Ordinary Shares in addition to their Open Offer Entitlement under the Excess Application Facility · The Board have reserved the right to increase the size of the Issue by up to 84,555,569 New Ordinary Shares · The Issue Price is 118 pence per New Ordinary Share. This represents a premium of 3 per cent. to the audited Net Asset Value per Ordinary Share as at 31 March 2019 of 114.6 pence per Ordinary Share · The Issue Price represents a discount of 9.5 per cent. to the closing price per Ordinary Share on 17 May 2019 of 130.4 pence per Ordinary Share · The Company will be subject to a 90 day lock-up on the issue of further Ordinary Shares from the date of Admission, subject to waiver by the Bookrunner · The Investment Advisor, on behalf of the Company, has identified a significant pipeline of additional assets which meet the Company's investment objective and investment policy, including off-market assets identified through the Investment Advisor's extensive contacts and relationships · The pipeline assets, which total over £200 million in value, are diversified by location and leased to a range of institutional-grade tenants with strong financial covenants, with 98% of rents containing either inflation-linked or fixed uplift reviews, and with a good mix within the pipeline of built assets and forward funded structures. They benefit from a long weighted average unexpired lease term to first break of 25 years and a blended net initial yield of 5.6 per cent. and are structured as both pre-let forward funding and standing investments · Although there can be no assurance that any of these properties will be purchased by the Company, the Investment Advisor is confident that it will substantially invest or commit the net proceeds resulting from the proposed Issue within three months following Admission · As also announced today, the Company is now targeting a dividend of 5.75 pence per Ordinary Share for the year ending March 20201 (an increase of 4.5 per cent. from the previous target of 5.50 pence per Ordinary Share) · The results of the Issue are expected to be announced on 13 June 2019 more.....
skinny
26/4/2019
07:11
Deals keep coming here more than underpinning the price. I continue to like - a lot.
ironstorm
26/4/2019
06:05
ACCRETIVE ACQUISITIONS AND PROFITABLE DISPOSALS.
skinny
18/4/2019
23:10
On second thoughts this was a significant drop. On balance I would say this is a definite sell.
johnwig
18/4/2019
23:08
On second thoughts this was a significant drop. On balance I would say this is a definite sell.
johnwig
18/4/2019
19:17
FY results on 20/05. Also an update: The Company has successfully deployed all of its equity and debt capital and is considering an equity fundraise in 2019 to fund further investments in line with its investment policy and with a view to delivering further value for its shareholders. Any such fundraise is expected to follow the publication of an updated net asset value for the Company and a prospectus. A further announcement will follow in due course. Hence the 3p drop at the time of the announcement? I suppose it's only natural for them to want to exploit the premium.
jonwig
17/4/2019
15:36
I guess a 12th consecutive up day was a step too far. free stock charts from uk.advfn.com
skinny
15/4/2019
16:51
Ah, I didn't know there have been ten consecutive up days! Maybe the odd trip up elsewhere (AEWL?) has prompted some switching, rather than new enthusiasm for the sector?
jonwig
15/4/2019
15:26
Jon :-) Today will be 10 consecutive up days - nice though it is, it makes me nervous. It's looking slightly overbought chart wise.
skinny
15/4/2019
15:07
"A period of consolidation wouldn't go amiss." Why, are you after getting more of these, Skinny? 😉
jonwig
15/4/2019
14:56
A period of consolidation wouldn't go amiss. free stock charts from uk.advfn.com
skinny
12/4/2019
08:52
That's 130 breached. free stock charts from uk.advfn.com
skinny
02/4/2019
10:51
A new high @126.60p.
skinny
27/3/2019
07:08
March factsheet: https://uploads-ssl.webflow.com/5bffd2cadb1f715b46253d33/5c989febf5786d444da32295_4415_LXI_REIT_FACT_SHEET_Q1_2019_V5.pdf Notice virtually zero retail exposure. Ditto London.
jonwig
18/3/2019
06:29
"Travelodge has reported rising annual sales and profits, with the budget hotels chain set to create 3,000 new jobs over the coming years as it continues to expand." Will open 100 new hotels over the next five years. Https://www.aol.co.uk/news/2019/03/16/travelodge-turnaround-continues-as-profits-rise/?guccounter=1&guce_referrer_us=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_cs=3Wu0OIlw4lY0JnS-Timyaw&;guce_referrer=aHR0cHM6Ly93d3cuYW9sLmNvLnVrL25ld3MvMjAxOS8wMy8xNi90cmF2ZWxvZGdlLXR1cm5hcm91bmQtY29udGludWVzLWFzLXByb2ZpdHMtcmlzZS8&guce_referrer_sig=AQAAAItQ9leSwSHHtXRa5X5_6lG4lcVI1BtgM69C1yt1J0FdcjvdbbyCuszK6LxcqZeb5Sg2of26fvpjPSpU-zqepwd8Fd71Z1RlVCTJATf8LWOCPjYmCnXB6tv5TAHrW7zdYvTa5dXXXYg7R4P7M-DzMZczFipULPlGuYaf5wKWPfZp LXI seems to be a prolific landlord for this group, currently owns eight! Https://www.lxireit.com/hotels-and-leisure
jonwig
27/2/2019
16:39
I recently bought in here and already am very happy with the progress. Deal velocity is good. Financials great. Quality customer base on long term contracts, Funding in place. And dare I say it nicely under-valued with positive momentum. These 0.5p - 1p increases per day feel good.
ironstorm
27/2/2019
12:35
A new high @126p.
skinny
25/2/2019
07:21
Another nice acquisition.
bennywin
14/2/2019
07:25
QUARTERLY DIVIDEND DECLARATION The Board of LXi REIT plc (ticker: LXI), the specialist inflation-protected very long income REIT, is pleased to declare today an interim quarterly dividend in respect of the period from 1 October to 31 December 2018 of 1.375 pence per ordinary share, payable on 29 March 2019 to shareholders on the register at 8 March 2019. The ex-dividend date will be 7 March 2019. The dividend reflects an annualised rate of 5.50 pence per ordinary share, in line with the Company's current annual dividend target*. more.....
skinny
13/2/2019
08:28
Link corrected! Jonwig - its proving to be fairly fraught free as an investment!
skinny
13/2/2019
07:43
Interesting kind of investment, at under £2m apiece. Pretty solid tenants. Leaves them still with £50m to spend using the new debt facility, then (I guess later this year) more equity tapping!
jonwig
Chat Pages: 14  13  12  11  10  9  8  7  6  5  4  3  Older
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