Newriver Reit Share Discussion Threads

[dhoult12] 07/4/2021 09:17

Pubs are due to open indoors in May. Its nightclubs and other large events which are held up till June.

Do we have a year end results day yet? i know its early...

[gbjbaanb] 07/4/2021 02:01

I hear there is a court case going that is demanding pubs get to reopen on may 17, along with shops. The gov is trying to stop it, bUt today the judge ruled that there was no reason the case itself shouldn't go ahead. So looking optimistic for an early opening of pubs. That should give the share price a boost.

[lord gnome] 06/4/2021 17:50

These are looking to pop and move higher. With the pubs about to reopen they might just do it. If they do, the chart shows no resistance before 150p. Which would be nice.

[speedsgh] 19/3/2021 12:26

Hawthorn reveals latest package of support ahead of pubs reopening: Hawthorn, the community pub arm of NewRiver, has revealed its latest package of support for pub partners and operators ahead of the reopening of pubs in England and Scotland next month. The new measures set out Hawthorn’s rent policy through until August, support for its operator managed estate, and deals and incentives “to help partners get up and running and return to profitability as quickly as possible”. Hawthorn will continue with current rent levels through to the end of May, with further reductions continuing throughout June and July, with support grants continuing to be available post-August for any pubs requiring extra assistance. Under the new proposals, rent will be capped at about 30% until the end of May, before increasing to 50% in June and 75% in July before returning to 100% in August in-line with the expected gradual increase in trade. Further measures being introduced to support Partners include cashback incentives on all purchases, enhanced credit terms and step-by-step reopening guides. Hawthorn is also providing additional packages of support for its operator managed pubs, with about £550,000 worth of support to be paid to operators at both trading and non-trading pubs, with funds covering labour costs, and being invested in outside areas to increase capacities. Since March 2020, Hawthorn has provided more than £8m of support for its partners and operators. The company predicts more than 300 – or about 60% – of its pubs in England will be open for trading on 12 April. A similar proportion of the Scottish estate is expected to trade on 26 April, while the company is awaiting further information about the roadmap for reopening in Wales. Hawthorn chief executive Mark Davies said: “It is incredibly important to me and everyone at Hawthorn we support our partners and operators to get back to full strength as quickly as possible. Our business is only successful if our partners’ businesses are successful, and we hope this package of measures will help our pubs to bounce back stronger and more quickly.”

[chucko1] 16/3/2021 12:57

Overall bullishness, check out HMSO.

[lord gnome] 16/3/2021 12:36

In demand again today. Who's buying?

[lord gnome] 01/3/2021 10:27

Looking perky this morning ahead of Wednesday's budget. The market must be taking a bet that Richi has plans to help the High Street in addition to the leaked support for small businesses. Whatever, the recovery has a long way to run and so does NRR.

[dhoult12] 28/2/2021 22:56

Look for confirmation of a full reform of biz rates on Wednesday. If aim is to share the burden with online then that's a massive positive change for this.

[paulof2] 28/2/2021 22:35

Grants for hospitality and shops should further alleviate some concerns that there will be a max exodus of tenants.

Has to be positive

[diggybee] 24/2/2021 10:10

Invesco not investors.

[diggybee] 24/2/2021 10:10

I would imagine that isn't a bolt from the blue to anyone really, and this very amply reflected in the price. Plus of course you had wood Ford and investors exacerbating the drop. I reckon we are now at the very bottom of a fair range 1-1.50.

[fenners66] 24/2/2021 08:30

From Lloyds Bank assumptions 1st qtr 2020 through 2021 by qtr

Commercial real estate
price growth % (5.0) (7.8) (7.8) (7.0) (6.1) (2.9) (2.2) (1.7)

Assumption is negative each qtr.

[paulof2] 23/2/2021 19:34

Nice to finally see some momentum here and rightly so, has been stupidly undervalued for some time

[gbjbaanb] 23/2/2021 16:49

Who cares. Another clothing chain goes bust, That happened every week before the coof. Meanwhile shops and shoppers will be eagerly waiting the end of lockdown to get out again like they did last year.

[chucko1] 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.

[theprovosts] 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.

[mcntrader] 23/2/2021 12:28

Have a look at the 1-year comparison ... ... still ~40% below pub peers despite collecting decent rents

[lord gnome] 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.

[calton1] 23/2/2021 08:26

Quite an uptick yesterday - why?

[gbjbaanb] 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.

[dhoult12] 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.

[lord gnome] 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.

[chucko1] 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.

[propinv] 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