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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Real Estate Investors Plc | LSE:RLE | London | Ordinary Share | GB00B45XLP34 | ORD 10P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 31.50 | 80 | 08:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 31.00 | 32.00 | 31.50 | 31.50 | 31.50 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Operators-nonres Bldgs | 11.51M | -9.41M | -0.0545 | -5.78 | 54.39M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 08:36:08 | O | 80 | 31.60 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 23/9/2024 | 06:00 | UK RNS | Real Estate Investors PLC Half Year Results |
| 13/8/2024 | 08:17 | UK RNS | Real Estate Investors PLC Holding(s) in Company |
| 05/8/2024 | 13:15 | ALNC |  Real Estate Investors cuts borrowing as disposal plans press on |
| 05/8/2024 | 06:00 | UK RNS | Real Estate Investors PLC Trading Update |
| 01/7/2024 | 14:38 | UK RNS | Real Estate Investors PLC Q1 2024 Dividend Declaration |
| 26/6/2024 | 15:11 | UK RNS | Real Estate Investors PLC Director/PDMR Shareholding |
| 24/6/2024 | 16:05 | UK RNS | Real Estate Investors PLC Director/PDMR Shareholding |
| 23/5/2024 | 13:56 | ALNC | TRADING UPDATES: Bloomsbury books profit jump; Braemar profit slips |
| 23/5/2024 | 13:49 | UK RNS | Real Estate Investors PLC Result of AGM |
| 23/5/2024 | 06:00 | UK RNS | Real Estate Investors PLC Trading Update |
Real Estate Investors (RLE) Share Charts1 Year Real Estate Investors Chart |
|
1 Month Real Estate Investors Chart |
Intraday Real Estate Investors Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 23/9/2024 | 07:27 | Real Estate Investors | 2,029 |
| 28/3/2023 | 06:44 | Ridgeline - water services for Canadian drillers | 1 |
| 01/7/2005 | 19:09 | hi can anyone tell me whats going on over at RLE my live terminal shows zero act | 1 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 08:36:09 | 31.60 | 80 | 25.28 | O |
| Top Posts |
|---|
Posted at 21/11/2024 08:20 by Real Estate Investors Daily Update Real Estate Investors Plc is listed in the Operators-nonres Bldgs sector of the London Stock Exchange with ticker RLE. The last closing price for Real Estate Investors was 31.50p.Real Estate Investors currently has 172,651,577 shares in issue. The market capitalisation of Real Estate Investors is £54,385,247. Real Estate Investors has a price to earnings ratio (PE ratio) of -5.78. This morning RLE shares opened at 31.50p |
Posted at 27/6/2024 05:44 by meanreverter My first thought is that the directors' purchase of shares to the value of ~£130k is more than a gesture. A cut in the dividend would surely knock the share price. If the directors thought that likely, they would have waited to buy in at a more favourable level.The contrary, and more convoluted, view is that they reckoned a forthcoming dividend cut to be already in the price. When it happens, the market would, if anything, rebound with relief that the awaited boot had dropped; so better to buy now. The second view demands a lot of sophistication in both the market and the directors, and I'm leaning to the first one. |
Posted at 27/3/2024 02:21 by hillofwad Plenty of sales on and it looks like they might be getting the Oldbury office awayOnce the portfolio starts dripping below £125m there is going to be a lot of dross left as they carve any sale out of anything At some stage they will put the entire portfilo management in the hands of Bond Wolfe Just sounds to me a continuing feesfest for Bond Wolfe and that at some stage Bassi will take the rump of the portfolio over at 35/37p per share & everyone goes home happy |
Posted at 12/2/2024 16:13 by sydney675 So if I’m up c. 10% on RLE, would you cash out now or hold on through the wind-down? |
Posted at 29/1/2024 08:53 by spectoacc @meanreverter - suspect anyone not reading my posts on here's first thought would be "How much were they paying themselves??".When you look at base salary (total cost to co inc NI) & bonus scheme - my God. Compare that to market cap. Definitely the right thing to wind up sub-scale RLE. Difficult to see it as worth chasing if the money's going to be coming back over an uncertain 3 years tho. |
Posted at 29/1/2024 08:50 by nickrl RLE advise in todays trading update"Given the ongoing substantial discount between the share price and NAV, combined with a lack of liquidity in its shares, the Board has concluded that it will conduct an orderly strategic sale of the Company's portfolio over the next 3 years with the objective of maximising the return of capital to shareholders (the "Disposal Strategy"). To achieve this outcome, assets will be sold individually, as smaller portfolios or as a whole portfolio sale, with the initial priority to repay the Company's debt" and then you've got this "To support the Disposal Strategy and the return of capital to shareholders, the Company is implementing a new Shorter Term Incentive Plan ("STIP"). The STIP will replace the existing Long Term Incentive Plan ("LTIP"), help to retain Paul Bassi, Chief Executive Officer and Marcus Daly, Finance Director (the "Executives"), and the wider management team and incentivise them to achieve an orderly and timely disposal of the Company's assets to maximise the capital return to shareholders" There is upside as Bassis/Daly taking a paycut and previous LTIP awards reduced or cancelled. The STIP gives them 10% of any profit over the the valuation at 31/12/23 if they sell with 12mths 7.5% if it takes longer. Hardly a surprise they dont cover the divi now and with the looming refi they would surely have to cut divi. |
Posted at 21/1/2024 17:19 by tiltonboy Having Christopher Mills on the share register is a help |
Posted at 21/1/2024 12:53 by hillofwad Well sales continue steadily including 2 of the shops at the Market Centre CreweBond Wolfe scooping some decent selling fees Thats going to leave a real pig's ear of the rump at Crewe Maybe the idea is to leave the company bite size for the Bhasi family to pick up and stick the portfolio in house at Bond Wolfe and save all the extra management costs of REI ? There realy is little point in it existing? I wonder what gat ahthe lwest price Bhasi would ahve to pay to take it private 36p ? |
Posted at 12/12/2023 07:04 by skinny 2023 Q3 Dividend DeclarationReal Estate Investors Plc (AIM: RLE), the UK's only Midlands-focused Real Estate Investment Trust (REIT) with a portfolio of commercial property across all sectors, is pleased to announce that it will pay a Q3 dividend of 0.625 pence per share for the period 1 July 2023 to 30 September 2023. The payment will be made on 19 January 2024 to all shareholders on the register as at 22 December 2023. The ex-dividend date will be 21 December 2023. This dividend will be a Property Income Distribution (PID). |
Posted at 26/10/2023 08:56 by spectoacc "So you beg the question what is the point of RLE except to provide fees for Bond Wolfe and the Directors salaries"Ever thus with RLE. |
Posted at 19/7/2022 13:05 by trcml Quoted plcs generally only deliver good news and twisted. The PR people see to that. The idea is to maintain at least support the existing share price and encourage buyers for positive prospects. Without more buyers than sellers not only would the share price languish but also director share options can lose their appeal. Every so often, a company's prospects are promoted by tip sheets even though most if not all of what is written about is already in the share price MMs join in by increasing the share price to deter buyers which has the desire opposite effect by making naive investors think there is something to go for. then having got rid of a load of shares on the new buyers, the MM lowers the share price to deter sellers which has the opposite effect when existing shareholders sell. Whether the approach succeeds depends upon the investor market's perception of the news. > The challenge for directors of quoted propcos is how to overcome adverse media comment about the state of the property market at any time. Which in the case of REI is not easy because in my view most commercial property in the provinces is ex-growth. |
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