Share Name Share Symbol Market Type Share ISIN Share Description
Mckay Securities Plc LSE:MCKS London Ordinary Share GB0005522007 ORD 20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  4.00 1.48% 274.00 268.00 280.00 280.00 272.00 274.00 350,579 16:35:28
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment Trusts 25.3 13.2 14.0 19.5 257

Mckay Securities Share Discussion Threads

Showing 1426 to 1447 of 1450 messages
Chat Pages: 58  57  56  55  54  53  52  51  50  49  48  47  Older
DateSubjectAuthorDiscuss
28/1/2020
09:59
Any reasons for the drop.
petewy
27/1/2020
16:29
mine as well along with LIO
petewy
27/1/2020
15:50
Right now the only 'blue' on my entire portfolio!!!! By MCKS, you know it makes sense!
eggbaconandbubble
19/11/2019
22:04
Directors take a big chunk out this company as % of profits not in salaries though but in bonus and share performance schemes that give generous payouts for less than challenging targets. Maybe this keeps the company low risk but high OHs to NRI compared to others in this space.
nickrl
19/11/2019
19:42
Thanks Linhur I have held mcks for years also, but also PCTN - I rate them as reasonably similar although pctn more broad geographically. Both pay a similar/ decent dividend but I have seen substantive growth in PCTN and none in mcks over c 5 years (pctn 65 to 92p while mcks pretty much static. Nearly threw the towel in with mcks when it got to 270ish but hoped to see some closure of the huge discount to NAV. Currently PCTN is c 94p and Mcks 330 ish. so however impressed one might be it seems the cash is better elsewhere. Thoughts welcome!
janeann
19/11/2019
14:24
Janeann MCKS is a traditional property company within a niche geographical area of the Thames Valley with further excursions at various times into London and South East England. Having been a shareholder for more than 10 years, I have seen a changing of the guard of non executives in the boardroom and MCKS has a highly effective team with a good property knowledge and particularly in their neck of the woods. In 2014, at the beginning of the property cycle, the Company had a large cash raising by way of a open offer. This was used during the next 5 years to develop a number of sites which were let to occupiers (mainly offices and warehouse units)and the resulting investments sold at higher prices in the cycle. To answer your very succinct question of discount to NAV, I would suggest MCKS keep a low public profile, despite having over 40% of the shares owned by institutions and are content to keep their eyes on the ball and not be diverted from more glamorous opportunities in their sector. I am always impressed by Simon Perkins and his team. In the current difficult enviroment with the only large development being the Teale warehouse to be completed and let and possibly sold, the low debt position will be beneficial. When the property cycle turns upward, they may have a further cash raising to take them through that cycle. Linhur
linhur
18/11/2019
13:17
why does this trade at such a discount to NAV?
janeann
18/11/2019
09:34
Results in line with normal. Chief Executive of McKay, said: "Our consistent focus on our core office, industrial and logistics sectors across London and the South East, combined with successful development projects and the intensive in-house management of our portfolio, can be credited for the delivery of another positive set of results, with gains achieved across our key metrics.
petewy
30/10/2019
07:50
Decent purchase of office block in Newbury announced this morning.
1pvh
04/10/2019
10:46
Goldman seems to be accumulating stock. Or maybe I've misread.
jonwig
04/10/2019
07:53
nickrl - stock lending, yes, but there's no notifiable short position in MCKS, and you'd think at least one party would go over 0.5% short. Mind, like you I've no idea what their financial instrument is! Plus points: covered dividend (I think), 33% discount to nav, no retail exposure. Minus point: 33% LTV is a bit high maybe. I held this years ago (2013) but it looks interesting at this price.
jonwig
26/9/2019
13:05
Goldman Sachs have now converted there 7ish % to securities lending - seems odd but i dont pretend to understand this element unless theyve lent shares to someone wlse who wants to go long or short?
nickrl
24/9/2019
16:04
Goldman Sachs have shown there hand at 7.39. Thames River control 19.62% through direct and indirect holdings and haven't materially changed for a few months. All must be off market as share price just drifts along. Cant see any material change as the directors are big owners so quite happy with there lot.
nickrl
23/9/2019
19:57
Thames River has also reduced by a similar 7%. Rather strange unless I am misreading the announcements. Linhur
linhur
23/9/2019
13:30
RNS shareholding change shows ING Groep N.V offloading from 7.09% to 0% last week. Looks like it was off market transaction to another fund yet to reveal themselves.
nickrl
05/3/2019
07:07
RNS. 260p or 280p by results time?
eggbaconandbubble
12/11/2018
07:47
Steady away I would say. Slight delay with Lombard Street, must be s few construction hiccups. Hopefully the occupiers will move in to the building in January as previously stated.This will produce a 15% uplift to the rent roll and should provide a dividend uplift.NAV still moving in the right direction as well.Good long term hold I think
1pvh
12/11/2018
07:36
Results - Good, bad or indifferent?
eggbaconandbubble
21/5/2018
06:29
Yep very solid results from a dead boring stock
davr0s
21/5/2018
06:28
They must be reading my posts!
eggbaconandbubble
04/4/2018
07:23
It would be nice if they could be a bit more generous with the divi's.
eggbaconandbubble
04/4/2018
07:18
McKAY UNLOCKS FURTHER PORTFOLIO REVERSION WITH LATEST LETTING AT PROSPERO, REDHILL - HTTPS://www.investegate.co.uk/mckay-securities--mcks-/rns/further-portfolio-reversion-unlocked-at-prospero/201804040700027052J/ McKay Securities PLC, the only UK REIT specialising exclusively in the London and South East office and industrial markets, has let the second floor of Prospero, its 50,370 sq ft office development in Redhill, to specialist savings and lending bank, Shawbrook Bank Limited ("Shawbrook"), taking the building to 91% let. Shawbrook has agreed to a 10 year lease (without break) of the 13,915 sq ft floor, at a rental level consistent with recent lettings. Shawbrook is relocating from existing premises in Dorking, Surrey, and Croydon having been attracted by Prospero's large, bright, and flexible modern floorplates. Shawbrook is the fourth tenant attracted by the high quality of Prospero; Redhill's first new office development in over 10 years. Earlier lettings were completed with Morrisons Solicitors, The Plan Group and NUS Consulting, while marketing of the balance of the first floor (4,100 sq ft), the property's only remaining vacancy, continues to attract encouraging interest. Commenting on the letting, Simon Perkins, CEO of McKay, said: "Prospero is now 91% let to a diverse range of high quality businesses attracted by modern, environmentally-conscious and tenant-focused office space. This is something that hasn't been available in Redhill for over a decade and provides local and regional companies with an alternative to the increasingly dated buildings elsewhere in the town. Furthermore, the long-term commitments agreed with all Prospero's occupiers - at rents above ERVs - demonstrates the resilience of the local market. "We look forward to building on this success and updating the market when Prospero, and other McKay projects, achieve full occupancy, as we continue to prioritise the delivery of attractive shareholder returns through realising the significant reversionary potential of our portfolio."
speedsgh
Chat Pages: 58  57  56  55  54  53  52  51  50  49  48  47  Older
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