Share Name Share Symbol Market Type Share ISIN Share Description
Newriver Retail Reit LSE:NRR London Ordinary Share GB00BD7XPJ64 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +3.00p +1.15% 264.00p 262.50p 263.00p 263.00p 260.00p 261.00p 337,927 16:35:22
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 106.3 46.9 16.0 16.5 800.21

New river Share Discussion Threads

Showing 926 to 948 of 950 messages
Chat Pages: 38  37  36  35  34  33  32  31  30  29  28  27  Older
DateSubjectAuthorDiscuss
16/10/2018
16:58
Bear in mind that when people refer to 'Co-op foodstores', these are actually a network of supermarkets and convenience shops owned and operated by over 15 completely independent co-operative societies. See HTTPS://en.wikipedia.org/wiki/Co-op_Food. In some locations different co-operative societies will operate convenience food stores (under slightly different brands/logos even though they are generally all referred to by the public as 'The Co-op') within just a short distance of each other i.e. on the same residential road within less than a mile from each other. So the term 'Co-op' actually covers a number of operators competing in the same market alongside all the other operators of convenience food stores (Tesco Express, Sainsbury's Local, McColls, One Stop, etc).
speedsgh
16/10/2018
15:54
a pub is different to a food shop its a common theme that tesco's are targeting the co-op,nisa and other smaller food chains by putting the tesco extra shops very near to them.Who's knows who will win but i'm guessing the co-op will do better due to the value added services like a post office and i'm guessing the co-op's margins are greater as i think there robbing gits. I'm guessing that the NRR pub estate will gradually be run down and replaced by shops or houses if the pub's don't make ends meet.
jon123
16/10/2018
11:57
We had a local pub - that did not compete at all with the Co-op - until it closed...... Then a while later it re-opened as a Tesco Express announcing what its opening hours were to be. All of sudden the Co-op who shut at 9.00pm , but you were lucky to get in to get served at all after 8.45p, announced that it was going to stay open until 10.00pm - the Tesco announced they were opening until 11.00pm ! Co-op got refurbed as well - competition does strange things.... Will they both survive ? Added labour costs , split trade volumes , lower prices ... the pub did not survive so why both shops ?
fenners66
14/10/2018
15:36
I like the relationship they have with the co-op. I live in an area made up of a lot of large villages Which nearly all have a long established co-op. A local one has relocated into a pub building mirroring the focus NRR have in place with community hubs.
ramellous
14/10/2018
15:20
1987! But good point - possibly exactly what those selling/shorting have done of course, but I'll be a part-timer reaping the yield and keeping fingers crossed. NRR at least a little more transparent than eg CAKE, what a brilliant story that's been. I think the problem with rents for small units being "on the floor, if not below cost" is that the entire concept of the High St is rapidly becoming redundant.
spectoacc
14/10/2018
11:12
Rents for small units must be on the floor, if not below cost. I'm not sure why anyone would build any. I quite like NRRs client base as I see Primark, Wilko, and pound stores as internet proof. Their warehouses are the worst part of the portfolio. The Bradford properties are excellently placed adjacent to a Morrisons, but some of the others are horrific. Daventry may never get a tenant, the Staples in Chester Retail Park looks isolated and the Blackburn properties rely on the concept of OOT shopping as a leisure experience. Gateshead lists Maplin, Evans Cycles and American Golf on its slate, though in the latter's case it is not one of the 20 to close after the parent went into administration. The single property in Felixstowe must now be void as it was a Homebase and is no longer listed on their website. Not only are these units difficult or impossible to fill, but I bet their redevelopment potential is negligible. Felixstowe possibly an exception here as it is right by the station in the town centre, next to a Co-op; would be a pretty good place for either hotel space or flats. Nothing in progress there though so they must be marketing it; the only planning application in recent years is: Homebase Great Eastern Square Felixstowe Suffolk IP11 7DY Application Reference Number: C9260 Date of Decision: 13/04/1987 Condition Number(s): 4 and 6 Conditions(s) Removal: So that a wider range of goods can be sold from the unit and goods can be displayed externally. Condition 4: Notwithstanding the Town and Country Planning Act (Use Classes) Order 1987 or any order amending, revoking or re-enacting that Order, or the description of development associated with this permission, no more than 30% of the gross floor area of the unit shall be used for the sale of food. 2019 report is going to look worse than 2018, but maybe not dramatically so. This is a company where a full time investor could do a fair amount of useful primary research.
hpcg
14/10/2018
10:50
Good analysis, SpectoAcc, but not sure what you mean by this "And the more that close, the less trade for the others" Far, far too many shops which because of their high mark up (an item bought for a fiver sells at £20, for example) have given the businesses which provide 'services' to the retail sector scope to up their charges - including the business rates. NRR seems to be deliberately avoiding high profile retailers which is why I have invested here.
a0002577
14/10/2018
08:02
Worse - empty rates are such a killer that after your shop's been empty for a while, it's better to take a temporary tenant at nil rent than to keep losing cash. And the more that close, the less trade for the others. High Streets & shopping centres likely to look very different in 10 years time. And this is without a recession!
spectoacc
13/10/2018
23:02
Supercuts in trouble now. By the time this secular down turn has reached the bottom rents will be reset down across the board. Walked passed a Greggs today and it seemed a bit wrong - it had moved 2 doors down. Clearly stores can reset their rents to a degree that easily covers the fit out cost. Nothing directly pertinent to NRR's estate that I can see in the latest raft of closures and warnings but its just downward pressure all the time. There are simply too many retail units in this country.
hpcg
12/10/2018
13:47
Positive for all UK property if there is a settlement that doesn't wreck the economy I would think.
hpcg
12/10/2018
13:25
Seems to have a bit of momentum at the moment and maybe new support level around 2.50. What are people’s thoughts as to impact if brexit deal goes through next week? Cheers mike
mikeyfernandez
11/10/2018
15:20
"One of the few stocks holding its head above the water today! But, but, but: if you look at the chart at the top you will see for most investors it is well under water. It's only people like me - one of the 'johny come latelies' who can say that.
a0002577
11/10/2018
13:19
... and yesterday.
chucko1
11/10/2018
11:54
One of the few stocks holding its head above the water today!
mikeyfernandez
26/9/2018
09:12
Yesterday's Tesco report is worth a read for an insight into lease renewals.
ptolemy
23/9/2018
12:25
This was posted on the DEB thread and I thought worth repeating here as that one gets a bit consumed by chaff. httPs://www.hulldailymail.co.uk/news/hull-east-yorkshire-news/landlord-hulls-house-fraser-speaks-2031344 Sort of mixed for NRR. On the plus side there do appear to be some less than skilled operators; being blind sided by an HoF CVA doesn't say much for due diligence. Equally positive is that they aren't bending over to take whatever rent is offered, and I can certainly imagine Ashley low-balling. The negative is that premium rents are under immense pressure - see for example FCCN running down its estate with premium thought to be especially loss making. One would have thought this would continue to knock on to rents everywhere, fully accepting NRR operating mode is quite different to prime retail.
hpcg
21/9/2018
12:11
So ... Evans Cycles? The drip just keeps on dripping.
hpcg
21/9/2018
00:08
PS. I was as disgusted as anyone with the management of Carillion - and said so on advfn at the time - but the private sector has the self balancing ability - when companies fail they go bust and you hope the failed management never get a chance to do it again.
fenners66
20/9/2018
23:59
Sorry for those who did not want this to drift off topic - but I have to counter some of that. Firstly I agree as I said there are exceptions on both sides so we can all refer to something in support of our argument. Interestingly though the examples used to show private sector failings are either - migrated public sector operations or private sector funded by the public sector's perceived bottomless pit of cash. So I feel that you inadvertently supported the point. Would 2 private enterprises selling to each other be so pathetic ? Needing to ensure they stay in business without the safety net of just borrowing billions more or going back to the tax payer. Do you scream at how inefficient Specsavers are or Boots Chemist. I personally know of massive failings of management in the NHS - but in the private sector the failings would be addressed. One example you go look at a cars at a dealer on a Wednesday , salesman Bob approaches you and says the cars not ready , not been prepped yet - but if you come back tomorrow and buy it from the "other" dealership he works for you can have it - he will charge you more , or maybe you can come back after lunch - but to his other dealership after all he is the best salesman and the mechanics he uses elsewhere are much better. He says all this to you and knows his boss is watching - what is that private sector boss going to say to him ? In the private sector you don't compete with your employer and even advertise on their time - whilst the exceptionally poor NHS just watches it happen!
fenners66
20/9/2018
15:16
Ha ha we've all ventured OT. But - @Minerve - I view Carillion as an example of it working, not an example of it going wrong. Shareholders/bondholders lost the lot, taxpayers hit for very little. (As for bailing out the banks - I'll maintain to my dying day that they shouldn't have been. And yes, there'd have certainly been a few weeks of chaos, & all the life insurers would likely have collapsed too. But capitalism isn't about the State bailing out the banks, or at least - the State can bail out the system, but it should never bail out the shareholders (some of them, Crock & B&B weren't so lucky) & the bondholders FFS). Railtrack/rail privatisation in general is a good example of ideology over common sense. NHS - if some can be better done private, why not do some of it private? Works for dentistry. NHS a perfect example of rabid ideology in the other direction - a sacred cow. (Thanks @chucko1, we'll see :) ).
spectoacc
20/9/2018
14:51
Well said Lord Gnome. I suppose I should get back to NewRiver. It has been a good thread and I shouldn't spoil it with my views. I've appreciated all contributions here recently. Good ones. :)
minerve
20/9/2018
13:12
Look at Carillion. Great private sector venture there guys! Gone down the tubes and the tax payer will no doubt have to pick-up some of the mess. Like the tax payer had to bail out the private sector banks. I am neutral on private vs public but I get tired of this pro private sector as if it is the answer to all our prayers. It isn't. Some things are best done privately, some things are best left to the state. End of.
minerve
20/9/2018
13:08
fenners66 "Minerve - there will be exceptions on both sides of course - but in general the public sector mentality is that they have nothing to answer for - take the NHS for instance - overspends by £2bn or so a year and what then ?" Where do you think a lot of that so called public sector money goes? The NHS pumps £Bns into the private sector which need to make a profit for shareholders. The likes of Virgin Healthcare and Capita. I don't know about you, but I don't see why tax payers should be subsidizing the private sector and Branson's Necker Island when those profits are better spent on child cancer treatment. You need to understand the nature of the beast rather than the top-line nonsense you read in the tabloids.
minerve
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