Newriver Reit Share Discussion Threads

[vgumbltsb] 17/5/2018 16:07

and getting weaker and weaker

[vgumbltsb] 17/5/2018 15:51

Please can someone tell me why NRR is falling so much on a daily basis and is looking so weak

[minerve] 30/4/2018 22:43

RGL and NRR for me too. Both excellent.

Had a look at Warehouse REIT but haven't invested yet.

[lord gnome] 30/4/2018 22:36

RGL and AEWU. I like a good dividend.

[orchestralis] 30/4/2018 19:40

What reits do you currently hold?

[lord gnome] 30/4/2018 18:48

Excellent presentation from NRR at Mello. This has been on my watch list for some time. The CEO Designate, Allan Lockhart, gave an excellent update. I was impressed by their strategy and will look to buy in here as I would like a third REIT in my income portfolio. I had a good chat with Will Hobman, their Head of IR after the formal presentation and he was most informative and helpful, answering all of my questions fully. This filled me with confidence.

[davidosh] 24/4/2018 17:36

Just a reminder that New River will be presenting at our huge Mello2018 event in Derby on 27th April and all shareholders and potential investors are welcome to attend

NRR have presented at a Mello event before and we are very pleased to welcome them so this is an ideal opportunity to meet the management and hear about their strategy.

Do come and join us at this quality two day event and there will be 55 other companies to meet plus some fabulous keynote speakers

[speedsgh] 24/4/2018 12:38

@jon123 - Not sure I follow? Date for release of Final Results is confirmed on NRR website as 24/5/2018 which is a Thursday.

[jon123] 24/4/2018 08:24

NewRiver will announce its Full Year Results for the 12 months ending 31 March 2018 on Thursday 24 May 2018.

i wonder if they meant thursday 26th of may lol don't bode well if they can't read a calender

[speedsgh] 23/4/2018 10:29

Peel Hunt today reaffirms its add investment rating on NewRiver Retail Ltd (LON:NRR) and set its price target at 365p.

[nisbet] 29/3/2018 19:30

A higher than average yield warrants attention. However, a distinction must be made between those companies that are capital-intensive with a regularity of negative cash-flow or have completely opposite traits. An analysis of a company's "flow of funds" statement is more than useful in this respect.

Looking at companies that are not capital-intensive, with positive "flow of funds" statements, show a strong propensity not to cut the dividend and to recover in share price.

Indeed, there are many examples of outstanding opportunities where historic/prospective yields have got to "worrying" levels. The one that stands out in the last couple of years is Royal Dutch Shell when bidding for BG Group; at the low for the share price, the historic yield got to over 9%. In retrospect, wasn't that a wonderful gift to the investment community!

[asmodeus] 29/3/2018 07:54

Indeed - and would normally be taken as a danger signal.... Edit: E.g - a quote from the I.C. via post 271 in RGL thread -

"As a rule of thumb, a yield of 7 per cent or more normally falls into the 'too-good-to-be-true' category"....

[gswredland] 28/3/2018 08:41

Thanks for your input Nisbet
Incredible yield

[nisbet] 27/3/2018 19:34

New River is an extremely well run property company. It is well diversified both geographically and in terms of client exposure, with no one tenant accounting for more than 2.9% of retail space. Its most important client is the hugely successful retailer Primark and average rent for the entire client base is
£12.14 per square foot.

The recent refinancing of debt has given the group medium term access to funds at a rate of 3.6% and balance sheet gearing was down to just a modest 33% as at Sept 2017.

At 283p, the dividend yield is 7.4% and with the forthcoming figures/statement at the end of April we should get a firm indication of its sustainability. Over recent months the share price has fallen from around a high of 370p where the yield was around 5.7%, so the market has already taken a much more cautious approach given the prevailing conditions within the retail sector.

[gswredland] 27/3/2018 06:31

I am surprised these have not fallen further given the number of retailers having troubles

[davidosh] 22/3/2018 03:18

Just to mention that New River will have a stand and be presenting at our huge Mello2018 event in Derby on 27th April and all shareholders and potential investors are welcome to attend

NRR have presented at a Mello event before and we are very pleased to welcome them so this is an ideal opportunity to meet the management and hear about their strategy.

Do come and join us at this quality two day event and there will be at least 45 other companies to meet each day plus some fabulous keynote speakers

[guernseymoney] 14/3/2018 09:19

NRR has some quality tenants, a hearty mix, so seems very oversold.

That said, it's the United Kingdom plc that's not looking good, and that's a drag.

[minerve] 01/3/2018 11:53

Poundworld (read across?) and NewLook are having troubles. Poundland seems to be doing well???

[bscuit] 28/2/2018 19:26

Not unreasonable that share price might decline when peer fgo up target market takes a hit, suggesting economy slowdown and that NRR tenants may fail.

One of my larger holdings so the position is worrying.

[cousin jack] 28/2/2018 16:27

More to do with todays announcement by NRR re. debt funding I suspect.

[chucko1] 28/2/2018 16:25

Do we know for sure what exposure they have to any of these three unfortunates?

[killing_time] 28/2/2018 16:19

Think its more to do with Toys R Us, Maplins and now Prezzo,s, all in trouble on the same day.

[salchow] 28/2/2018 16:13

Not sure why. Extends average loan term from 5.5 years to 8 years at reasonable rate of interest.

[orchestralis] 28/2/2018 15:54

Market doesn't seem very impressed