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NRR Newriver Reit Plc

72.40
1.00 (1.40%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Newriver Reit Plc 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
  1.00 1.40% 72.40 71.70 72.40 72.20 71.20 71.60 188,357 16:35:20
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Investment Trust 73.6M -16.8M -0.0537 -13.45 225.7M
Newriver Reit Plc is listed in the Real Estate Investment Trust sector of the London Stock Exchange with ticker NRR. The last closing price for Newriver Reit was 71.40p. Over the last year, Newriver Reit shares have traded in a share price range of 67.70p to 92.00p.

Newriver Reit currently has 312,603,487 shares in issue. The market capitalisation of Newriver Reit is £225.70 million. Newriver Reit has a price to earnings ratio (PE ratio) of -13.45.

Newriver Reit Share Discussion Threads

Showing 3776 to 3800 of 4350 messages
Chat Pages: Latest  162  161  160  159  158  157  156  155  154  153  152  151  Older
DateSubjectAuthorDiscuss
23/2/2021
16:49
Some people avoid risk and hypothesise - but like you, I'm attempting to make a lot out of this. It has not been easy but I see dawn.
chucko1
23/2/2021
16:29
any idea where fenners is talking about some bullsh*t administration of an unrelated clothes chain? he seems to have spent this whole year justifying his negative stance on NRR where its promptly trebled in value. Gotta love it. Easiest investment of my life.
theprovosts
23/2/2021
12:28
Have a look at the 1-year comparison ... ... still ~40% below pub peers despite collecting decent rents
mcntrader
23/2/2021
08:56
Quite an uptick today as well. Recovery gathering pace. Another couple of pence and I will be back to all square overall.
lord gnome
23/2/2021
08:30
Recovery prospects for retail and hospitality sectors. NRR was well oversold. Should bounce quite a way as recovery continues.
lord gnome
23/2/2021
08:26
Quite an uptick yesterday - why?
calton1
22/2/2021
16:37
I'm quite up overall, but I guessed the lockdowns would see the price massively and that one day, eventually, when the heat death of the universe occurs, the gov and their commie scientists would let us out to the shops and the div would recommended.

Really I was after that resumed dividend which I expect to be quite decent when things finally get back to normal in years time.

gbjbaanb
22/2/2021
15:13
Haha indeed. I am break even now on this.

Key news is the vaccination results. Brilliant reduction in hospitalisations. Really does give a way out.

dhoult12
22/2/2021
15:01
Long may this run continue. Having bought in quite a lot more when it was close to the bottom, I am now in serious danger of getting back to breakeven overall - which would be nice.
lord gnome
22/2/2021
14:35
Prop, you are quite correct, and expectations of easier social conditions announced later today propelling this. Nowhere near its reasonable medium-term value yet, though, IMO.
chucko1
19/2/2021
23:16
Yes - I get the equal revenue. I think it's a decent deal in isolation. It doesn't touch the sides in terms of the share price versus unsleeping merits of business here
propinv
19/2/2021
22:53
Don't forget the development potential as well.
boonboon
19/2/2021
21:22
PropInv plenty of shopping centres available with yields >10% the quality of the majority is dubious though. As i said in #3562 there's no way this acquisition has an ERV of 14% more likely well below its current 11%. That said even if it drops back to a more likely 7-8% on borrowing rates its a good deal.
nickrl
19/2/2021
16:24
Prop, it's part of an arrangement with BRAVO. All deals are 10% and equal status. But NRR get to earn additional revenue, as I understand it, from advice given etc.
chucko1
19/2/2021
16:18
Hmm. Worrying that they could only fork out £4m. Suspect 10% was absolute minimum JV partner would accept. It's probably a decent deal for NRR in isolation, but the spin they have put on this suggests the usual "talking good game approach". Now, if they can do 10 more of these, then I might change my view. Does their 10% rank equal or 1st loss. Be nice if they disclosed this
propinv
19/2/2021
11:33
This is another of the JV deals they want to move into. Only 10% of the exposure, but additional revenue in advice, consultancy and such like. Likely IRR is very high when adding all the parts, but only on a small outlay.

Solid stuff.

chucko1
19/2/2021
10:19
My read is Bravo have acquired the asset so NRR only in for 10% of cost and income. Reversionary yield is clearly based on a valuation of at least 12mths ago and unlikely to be realised in the current environment. It has a roll call of failed and CVA businesses but they've got it at a reasonable price so gives them options.
nickrl
19/2/2021
08:22
Nice new deals announced ... Yield of 11.3% and a reversionary yield of 14.6% ... good acquisition
mcntrader
19/2/2021
08:17
Yes it does.
diggybee
19/2/2021
07:04
Sounds like a great acquisition today.
boonboon
18/2/2021
18:40
RNS today ... IntegraLife increases their stake from ~4.5% to 5.5% ... good sign of confidence from a fund manager who manages ~£44bn ! Other major shareholders include JP Morgan - so get set of funds that are holding here
mcntrader
05/2/2021
22:54
It is an IT. NAV is currently more than double the share price.
chucko1
05/2/2021
20:15
I bought into NRR thinking it was an Investment Trust, with the share price different from NAV... It does not look like that. So - - Share price and Nav are exactly the same then?
davvero
29/1/2021
14:48
I agree. NRR have prevented it becoming a cliff-edge issue by raising substantital cash, even if at the expense of a few pence OF NAV.
chucko1
29/1/2021
13:32
Chucko MARS development is interesting especially as the hedge fund isn't property centric so I wonder what there motive is in terms of strategic fit to there current portfolio.

At the end of the day NRR is largely a punt on whether you are an "everything has changed" or "things will get back to normal" person and the hedgies have deep pockets and v.cheap funds to make a punt on the latter. Viruses have come and gone before and they are transitory. OK things will be different but this is not a cliff edge issue like climate change where significant upheaval of the status quo is required to deal with the issue (we are only tinkering at the edges currently).

nickrl
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