Newriver Reit Share Discussion Threads

[gorilla36] 12/7/2016 07:35

Not too much wrong with that update!

[speedsgh] 17/6/2016 16:52

NewRiver Retail will continue to grow -

Real estate investment trust (Reit) NewRiver Retail (NRRT) is a market leader in the convenience and leisure property sector.

Berenberg analyst Kai Klose initiated coverage with a ‘buy’ recommendation and target price of 365p on the shares, which rose 0.7% to 314.9p yesterday.

‘We believe NewRiver Retail is well positioned for continuous growth and that the investor base should be broadened from the targeted listing on the main markets,’ he said.

‘Supported by positive rental growth, moderately rising occupancy levels but also from the sourcing of new retail properties, we believe net operating income will grow by 61% from £54.6 million of March 2016 to £88.1 million over the next three years.

‘While the UK retail market is likely to remain competitive, NewRiver Retail is well positioned to show solid growth in earnings and dividends. We also expect a positive impact for the stock following the listing on the main market, expected this year.’

NOTE: The correct ticker for NewRiver is NRR (not NRRT as article above).

[bscuit] 26/5/2016 09:42

Sky,

SP is actually slightly down on last Open Offer. Price seems full imo, but is good income share.

[skyship] 25/5/2016 21:26

9% PREMIUM to NAV. Sure, excellent results and a 5.7% yield; but holding propcos trading at a PREMIUM, especially nearer the end of the cycle than the beginning, is no way to maximise your portfolio capital.

Don't expect to make any share price progress over the next year.

[juuunx2] 25/5/2016 20:38

Craig 69 yes I suppose that's a fair point

[ccraig69] 25/5/2016 16:25

But gives time to buy. It's great when the price does not react much

[juuunx2] 25/5/2016 16:03

redartbmud yes on track still. Great results thought share price would have jumped northwards today with results. I'm happy to wait although patience not my strong point....

[rndm355] 25/5/2016 15:34

Article posted, feedback is welcome

hxxp://www.shareprophets.com/views/21030/newriver-retail-a-reit-for-bullish-income-investors

[gswredland] 25/5/2016 10:09

Patience. Word will get about I hope!

[gorilla36] 25/5/2016 09:07

it does make you ask what a company has to do this days. These figures are beyond stellar and yet …

[asmodeus] 25/5/2016 08:41

And the share price rises by just 1.4% ! Sorry, 0.3%. !

[redartbmud] 25/5/2016 07:39

juuunux

Move to Main Market on track for Q2 FY17

[juuunx2] 25/5/2016 07:17

Fantastic results looking good here

[gswredland] 24/5/2016 13:50

Thanks Metis. I saw this in questor this morning looked into it and bought in. Interesting to see Woodford move.

[orchestralis] 23/5/2016 14:31

Results in 25th

[juuunx2] 26/2/2016 11:29

Anyone know when we hear about entry into the FTSE 250? Seems to have gone quiet on that front?

[skyship] 29/1/2016 09:05

Agree with you about the UAI chart - share price locked in a confirmed downtrend for months. There have been some very profitable swings in the past - hoping to play that again ahead of the end April Finals; though bought in rather too early this time around.

[shauney2] 29/1/2016 08:00

SKY,thanks very much for the offer but i like to pick my own horse in a race.Maybe if we back date it a few months!

Had a quick peep at UAI.Looks interesting.Well under NAV,directors buying heavily.Chart is awful though but that can soon change on any positive news.

Good luck with that.

[skyship] 28/1/2016 18:07

shauney - quite right. But even a stopped clock is right twice/day!

Seriously though, over the past 2yrs the share price is up c12%. Add in the 5% from dividends and I agree, you're ahead of the game by c11%pa.

NRR shareholders are lucky that the increasingly fallible Woodford has hovered up stock on a mega scale. Whilst he is there, the chance to sell and move on remains.

I'll have a bet with you.

You have NRR @ 336p. I have UAI @ 211p. Timescale 4 months (I want to get UAI's Finals covered - usually end April!)

Diarised....

[shauney2] 28/1/2016 14:18

SKY,
You have been saying the same for a couple of years now.We must of had about 25p in dividends and nice rise in the share price all be it well above NAV.

[skyship] 28/1/2016 13:56

Woodford continues to hold NRR up - almost single-handedly - these should be back to the 300p level; so take advantage of his aberration and take profits!

[shakeypremis] 14/1/2016 11:26

Both Invesco and Woodford Investment Management piling in here in recent days. Woodford bought over 10million shares.