Share Name Share Symbol Market Type Share ISIN Share Description
Pacific Ind LSE:PILR London Ordinary Share GB00BYV8MN78 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 119.00p 117.00p 121.00p - - - 0 05:00:01
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 2.3 4.9 46.8 2.5 0.03

Pacific Ind Share Discussion Threads

Showing 76 to 100 of 100 messages
Chat Pages: 4  3  2  1
DateSubjectAuthorDiscuss
29/4/2018
07:13
Thanks @Sky, have created new thread and done as you suggested.
spectoacc
27/4/2018
18:22
Specto - no, he won't be able to do that. Topvest just needs to open the new thread under the EPIC of SHED; and place in the Header a link to this old thread.
skyship
27/4/2018
16:15
@topvest, are you able to change this thread to the new EPIC? ie the rather trender SHED, which should surely belong to BBOX.
spectoacc
27/4/2018
16:14
Another great fundraising to fund an off-market portfolio, and also a name change to boot. Shame the broker cannot raise the target fundraise size. Useless. 6% divvy + NAV growth to come :)
trogerswinning
17/4/2018
17:08
269k at 121p is interesting, tho prob delayed-reported. I like PILR in that they're shrewd - can see them being eg £2.50 in a 5 years time, whereas eg RGL (which I also hold) are further down the scale, albeit with a great yield.
spectoacc
11/4/2018
09:17
The lack of retail participation in the placing also will do nothing to increase the liquidity and narrow the usual 5-6% spread, which completes the alienation circle by putting off retail investors. Shame really - good management and sector.
lovat scout
10/4/2018
20:28
I've voted against all the resolutions including the totally stupid name, not that it will make any difference. Just making a stand! They are alienating their once supportive shareholders.
topvest
10/4/2018
10:11
This was done at a premium to the price you could buy at in the market, and even more so when considering you don't get the dividend either!
tiltonboy
10/4/2018
09:20
Specto - agreed, that 119.5p placing price is pretty impressive, as likely to have been at a premium to underlying NAV. 116.2p as at 30th September, so by now may be up 2%, but no more than 119p. With the historic yield below 3%; of course set to move higher but every new placing provides funds that have to be put to work - so an earnings lag. Sp unlikely to make any progress IMO. Better value elsewhere, especially RGL & RLE; though have to admit I'm talking my book in that respect!
skyship
09/4/2018
08:12
I suspect it was placed at a discount to NAV - we’ll have to wait for the results to find out.
lovat scout
09/4/2018
07:54
Price is OK at least - 119.5p, not bad in this market.
spectoacc
09/4/2018
07:52
So £20.4m raised via a placing and subject to approval at AGM on 25/04 - there was plenty of time for a concurrent intermediary offer except Canaccord presumably decided to just go to institutional shareholders to raise 40% of the target amount. Non-institutional shareholders and PIs shut out one has to assume so that Canaccord isn’t embarrassed again by the success of the intermediary offer last time. Very poor
lovat scout
30/3/2018
09:40
I won’t bore you with the full story but PILR were first movers in the listed mid/small logistics space, have great management and board but have been let down badly by their choice of brokers in trying to gain scale. Warehouse REIT overtook them in one leap but Warehouse then panicked and bought a fully priced portfolio from Hansteen. PILR is a good investment but they don’t make it easy for us to get involved. The second fund raise was mostly from platforms and intermediaries- why not repeat the exercise?
lovat scout
30/3/2018
08:52
Weird aren't they. Doing exactly what they set out to do, having good success as that t/s shows, yet this is the 2nd (or 3rd?) time they've raised money like this, and certainly the 2nd time they've got only a fraction of what they were after. Is all a bit pathetic.
spectoacc
29/3/2018
19:54
Yes, you’d think they would at least give an open offer. Losing my patience!
topvest
29/3/2018
18:07
So placing scaled back to £20m and no access for PIs. The company is really doing a good job of alienating investors, especially as the wide share price spread discourages already. It will be interesting to see where the placing is done as NAV must be north of 120p in this strong property sub-sector.
lovat scout
19/3/2018
07:59
No and ignoring existing shareholders again. There should be an open offer facility. If this is dilutive I won't be happy. They ignore existing holders, except those that are big enough or have a chance to get into the placing. Its not good enough.
topvest
19/3/2018
07:29
Like the sound of the assets, the name change, the 10-15% targeted return and "in excess of 6%" divi - but is a placing price mentioned?
spectoacc
16/3/2018
09:57
Haven't seen the press, and seemed to be covered last month anyway, but - they'd better not dilute: 16 March 2018 Pacific Industrial & Logistics REIT plc ("Pacific Industrial & Logistics " or the "Company") Response to Press Commentary Pacific Industrial & Logistics, (AIM: PILR), the specialist UK industrial and logistics REIT, notes the recent press commentary in Property Week. Pacific Industrial & Logistics has a strategy to build a significant real estate business with a focus on assets in the industrial and logistics real estate subsectors with individual values of less than GBP10 million. The Directors believe that an attractive investment opportunity exists to develop a diversified portfolio of properties which meet its target investment criteria, which are located in key logistics locations and which have strong cash flow characteristics. The Company confirms it is in preliminary discussions with existing and potential new investors to raise equity finance of up to GBP50m to fund the acquisition of an identified pipeline of urban logistics assets. There can be no certainty that either the fundraising nor the acquisitions will complete. The Board will provide a full update in due course.
spectoacc
26/2/2018
08:02
"In addition, the Board is considering various potential acquisitions and the necessary equity and debt financing to complete them. "
spectoacc
15/1/2018
15:57
I missed the announcement before Xmas that the company acquired the last portfolio. Good news. Lots of low rents to rebase. That is all the equity capital spent. Now what? Company must be on the hunt for new deals.
trogerswinning
07/12/2017
17:28
I see from the intermediaries offer of Aberdeen Standard Life European Logistics fund that Canaccord are fundraising. Surely this is a conflict with Pacific Industrial?
sirgainalot
17/11/2017
08:38
excellent disposal, suppose we can't read across for rest of portfolio NAV but shows their active management is v good imo. we should be ok here.
nimbo1
17/11/2017
07:26
Nice to see evidence of successful activity: "The Disposal follows the recent letting of the property on a 10-year lease to P W Gates at a passing rent of GBP6.29 per sq ft, a leading rate for the estate. The total consideration represents a 64% gain on the asset's cost when purchased at the time of the Company's April 2016 IPO, representing an IRR of approximately 43% and a 19% premium to book value as at 31 March 2017. "
spectoacc
21/9/2017
17:06
must be getting closer to completing on some of the acquisitions....?
nimbo1
Chat Pages: 4  3  2  1
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