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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
  0.00 0.0% 202.00 203.00 214.00 - 6,801 08:08:04
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment Trusts 29.3 9.5 8.6 23.5 189

Mckay Securities Share Discussion Threads

Showing 1476 to 1499 of 1500 messages
Chat Pages: 60  59  58  57  56  55  54  53  52  51  50  49  Older
DateSubjectAuthorDiscuss
24/11/2020
13:43
Nick, I'm unsure on some of their commercial office locations, particularly Staines.
essentialinvestor
23/11/2020
21:27
Hi all, My mate Peter @Conkers3 and myself did a ‘Twin Petes Investing’ Podcast a few days ago and part of our discussion includes MCKS and our thoughts on the Commercial Property sector which is starting to look pretty interesting. We also chatted about loads of other Stocks and Ideas for research and did a particular bit about Luck vs Skill. We also discussed the outlook for Markets and as usual a fair bit of educational stuff with regards to Investing. Anyway, if you use Apple, Audioboom, Overcast or Spotify you can find it under the 'Conkers Corner' Channel (you want Podcast TPI 36) and you can find it on Soundcloud at the link below. It is also now on Youtube. I hope you enjoy it and find it useful, Cheers, WD @wheeliedealer hTTps://soundcloud.com/user-479955511/conkers3-wheeliedealer-36-market-bounce-winners-tm17-uls-hfd-gaw-purp-arw-reci-hsp-ai
thewheeliedealer
18/11/2020
23:06
Now MCKS have finally got the cash for Lombard Street they've lowered there LTV down to c30% but at cost of nearly £3m loss of rent. They've let Theale Pk to Amazon at 1.5m pa removing big void and have other new lettings infers they've neutralised most of Lombard St Loss. Interim divi unchanged (at least it not lowered or waived) and covered by NRI. Yield been low on these and with recent price rise now sub 3.5% better yield value elsewhere.
nickrl
10/11/2020
07:59
free stock charts from uk.advfn.com
skyship
09/11/2020
14:45
Gains everywhere - 7%-11% - but MCKS stuck at 187.0p-187.5p! Have bought a few at that...
skyship
04/11/2020
17:45
I bought back in today (just a small amount) a valuation uplift on the Theale logistics unit may help moderate the NAV fall. They also hold an interesting revelopment opportunity in Woking on which a revised planning application has been resubmitted. From memory they intend to sell that to a developer (apartment block) rather than develop themselves - so potentially NAV supportive on that asset. My concern (and to be fair I usually have concerns!) Is potential vaccancy rates creeping up on their office space.
essentialinvestor
03/11/2020
13:45
Becoming tempted to get back in for another run at c182p; however I am concerned at what NAV will be revealed with this month's upcoming Interim statement. The Mar'20 NAV was 329p, so what will be the Sept'20 figure? Down 5% to 312.5p has to be the very minimum. Perhaps 7% to 306p. At the latter level the discount reduces from the current 44.7% down to 40.5%. Still over the 40% marker; but then one has to remember the stupidly low dividend compared with all its peers. I think on balance I'll wait for the figures; unless they are on offer at 180p again...
skyship
22/10/2020
15:46
Does anyone have a view on the recent update, their portfolio, how they may be positioned going forward. Had a look on their investors website, it allows you to click on each building and details if space is available, there appears to be quite a bit of empty space across multiple buildings. However, what % that may represent I don't have access to. What makes me a little cautious is on the recent update there is no mention of a vacancy rate - or any guidance on this. Any views appreciated, thanks.
essentialinvestor
17/10/2020
09:27
Property forum reporting that the new occupier at Theale is Amazon.
eskers
15/10/2020
12:23
Personally, I always appreciate hearing others' trading positions, especially from someone with a more than adequate knowledge of the sector. Having bought a few on 1st Oct @ 189p, I sold on the 6th @ 195.2p. Why? In these markets even a 2.5%turn is tempting when the Market itself is tracking sideways or down; and these REITs seem to provide hopefully never-ending opportunities to trade.
skyship
15/10/2020
11:45
So.... why tell everyone?! As you have, it would be helpful to know your rationale
grahamburn
15/10/2020
10:31
I've sold this morning at a small loss and bought a few more CLS. That's Not a recommendation should add!!.
essentialinvestor
05/10/2020
16:28
An extract from my spreadsheet on 16 secondary propcos. # Extracted to show those on 40%+ discounts # AIRE & RGL included because of the great yields # All NAV stats are to Jun'20, exc. MCKS still to Mar'20 EPIC share price NAV Disc. Divi Yield --------------------------------------------- AIRE 51.00 83.60 39.00 5.00 9.80 BCPT 67.20 120.70 44.30 3.00 4.46 BREI 52.00 96.60 46.20 2.50 4.81 EPIC 49.50 90.24 45.10 4.00 8.08 MCKS 190.00 329.00 42.20 7.20 3.79 RGL 66.00 102.60 35.70 6.00 9.09 SLI 46.80 79.60 41.20 2.86 6.10 SREI 32.85 57.70 43.10 1.54 4.70 "You pays your money you takes your choice"....but sure looks to be some great value out there, especially those showing good rent collections.
skyship
01/10/2020
13:05
Bought back in here at 189p just now. NAV at Mar'20 was a notional 329p, ie a 42.6% discount - another one in the 40%+ Club. What the current NAV amounts to won't be revealed until the November Prelims. A potential negative is the absurdly low yield versus all peers of comparable size. Still, good management, good geographical positioning....and then there is that spike to 215p just a few days ago...
skyship
28/9/2020
17:00
Providing they pay, I would not be too fussed!.
essentialinvestor
28/9/2020
16:45
Anyone know who the tenant is at Theale?
eaglaisy
28/9/2020
15:32
Apologies late reply, I've heard nothing, just thinking out loud. Had a small amount before the close.
essentialinvestor
24/9/2020
21:48
"Possibility of corporate action" What have you heard EI?
eskers
24/9/2020
14:18
Sold on the spike, best of luck to holders. Possibility of corporate action for those holding.
essentialinvestor
17/9/2020
08:43
Ebb - no, just put aside pre-conceived notions on the valuation of conventional trading companies. When investing in investment companies such as investment trusts and propcos, asset backing is paramount, not earnings per se. So, read the CP+ thread and by reading propco end of year results and Annual Reports, familiarise yourself with all of those elements in my 842 above. Property too important a sector to discard - though I suspect you weren't serious in that regard. Good luck...
skyship
17/9/2020
08:10
And some director buys - albeit quite small
budsman
15/9/2020
15:34
Thames River Capital increasing. If we do get any wider equity market volatility, this is right at the top of my buy list. Hold only a small amount atm, unfortunately!.
essentialinvestor
15/9/2020
13:18
So if MCKS were £10 i.e. PE = 100 - they wouldn't be overpriced? Maybe I'll steer clear of REITS and stick to my knitting!
eggbaconandbubble
15/9/2020
12:19
PE ratio has nothing to do with valuing propcos: # NAV discount # Yield # Divi cover # LTV # Debt cost # WAULT # Sector analysis # Geographic analysis # Tenant spread PER - doesn't feature!
skyship
Chat Pages: 60  59  58  57  56  55  54  53  52  51  50  49  Older
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