Share Name Share Symbol Market Type Share ISIN Share Description
Segro Plc LSE:SGRO London Ordinary Share GB00B5ZN1N88 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.20p -0.18% 673.80p 673.60p 674.00p 676.20p 670.60p 671.80p 272,540 11:04:38
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment Trusts 334.7 976.3 98.5 6.8 6,734.67

Segro Share Discussion Threads

Showing 576 to 594 of 600 messages
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When I last looked at MKLW it had a very high premium to NAV. And SGRO is big in Europe, which is important for me.
Who'd have thought it? A company built around the humble Slough Trading Estate is within reach of becoming the UK’s largest listed property group, riding on the boom in e-commerce that has sent demand for warehouses and former industrial property soaring. Https://
SGRO SEGRO Broker updates today after the update. Segro SGRO Numis Add 628.20 626.00 681.00 681.00 Reiterates Segro SGRO Peel Hunt Add 628.20 626.00--Reiterates Segro SGRO Liberum Capital Buy628.20 626.00 650.0 0650.00 Reiterates
3rd eye
Peel Hunt, via FT Alphaville: Segro’s FY results provide further evidence of the sustained growth in industrial & logistics with impressive NAV growth of +16.3% which is well ahead of Peel Hunt’s estimated growth (+6%) and consensus (+9%). This further underlines the strong investor demand, particularly in the UK where the portfolio increased in value by +15.8%. Segro’s dividend yield of 3.0% is lower than its industrial/logistics peers but with the shares now trading around NAV, we increase our target price to 610p.
Annual results; I tend to skip the details with this company, but NAV is 556p, and I think it tends to trade at a premium. Voids at 4%: I remember the days when it was about 10%.
Citywire: Positive Segro pleases Numis despite share price premium A trading statement from Segro (SGRO) left Numis Securities happy with the European real estate investment trust’s prospects, but a little concerned with the stock’s premium rating. Analyst Robert Duncan retained his ‘add’ recommendation and target price of 580p as the shares slipped 2.5p to close 0.45% down at 551.5p. Duncan said the update showed Segro ‘continues with its strategy of developing space into supply constrained markets which is also allowing it to capture reversion on standing assets’. Although there has been a slight fall in rent renewals and reviews in Europe he said there was an ‘overall positive tone’ to the outlook. ‘The challenge from here is the high net asset value rating – 7% premium – and relatively low dividend yield of 3%,’ he said. ‘That said, we believe Segro is doing a good job of creating value and there is a positive momentum in earnings growth.’
Segro should be ex-div today, 5.25p paid on the 29th of September.
arf dysg
jonwig, that's strange, because now when I look at the LSE web site, the same link as above (post 482), it now has the news items including the most recent three, in particular including "Results for the six months ended 30 June 2017". It definitely didn't have them yesterday, so maybe there was a blockage somewhere which has mysteriously been cleared. I did explore the web site and under the "Prices & Markets --> Stocks --> all prices search" then type in SEGRO in the search box as you mentioned. I usually go a different route, and today both routes get the same news items.
arf dysg
IC on the results. Conclusion: Segro is in the right place at the right time, and with the shares trading around forecast net asset value, there is plenty of growth to come. So we’re sticking with our buy tip (462.1p, 12 Apr 2017). Last IC View: Buy, 462.1p, 12 Apr 2017 Also they say Peel Hunt reckons NAV of 525p at 31/12/17.
Arf - you do protest too much... When you go to 'Prices and Markets' SGRO is in the 'Stocks' section - equities. The other announcements will be in the 'Debt Securities' section. Somehow secondary providers such as ADVFN and others manage to have them aggregated. Personally I don't use the LSE for information unless I'm directed there, but they are the primary provider and charge the rest a princely sum for reproduction. Yes, you do have a point!
Yup. And very good they are. But share price on a par with NAV - how much premium will the market take? Good summary in this video: Http://
Results tomorrow?
arf dysg
Segro's bet on the bricks behind clicks has promise - Http://
Telegraph: SEGRO is set to launch a major new programme of development across the South East as it looks to take advantage of new rail and air links. The company has submitted plans for four new industrial buildings at the Slough Trading Estate, as well as a new 200,000 sq ft building in Slough’s industrial centre. Alongside this, it is adding to its SEGRO Park Bracknell development with a new phase of building totalling 150,000 sq ft. In total, the buildings will cover almost half a million square feet and will be marketed to both start-ups and established firms in the manufacturing industries. The firm hopes to take advantage of two new Crossrail stations in Slough, which are due to open in December 2019, as well as the proposed new runway at Heathrow, to attract firms out of London. The new properties at the Slough Trading Estate will be built on a speculative basis, that is, without a tenant already in place. David Sleath, chief executive of SEGRO, said building ahead of secure a leasing deal was the exception. “Most people will wait for a pre-let now as there’s not normally any benefit in building speculatively,”; he said. “But we’ve always felt that to build speculatively if we’ve got the right product is relatively low risk.” Around 40pc of the company’s development pipeline is being developed speculatively at any one time, he explains. He added that a lack of land available to purchase meant the company was having to “work really hard to create opportunities” to develop new stock. SEGRO was promoted to the FTSE 100 last week, having last dropped out of the top index in September 2010. Shares in the firm closed at almost 1.8pc higher on the week at 501p.
92nd in list of largest UK market caps in latest published Sunday Times. Short term this could become the biggest driver of sentiment.
IC 'buy' tip this week (price 462p when written). Conclusion: The recent rights issue is expected to push loan-to-value below 30 per cent compared with a target of 40 per cent. That leaves the group well placed to create value through its development arm. Meanwhile, cornering the cargo facilities at Heathrow is a major stroke, and while there will be some near-term dilution in net asset value as a result of the rights issue, the longer-term benefits could be considerable. Trading at a discount to forecast net asset value and offering a reasonable dividend, the shares retain their attraction. Buy
MCap £4.7bn. Nine FTSE100 constituents have a lower MCap. A shoo-in, if we're using racing slang!
Sp beginning to retain its poise after the recent rights issue. We must now be on the runners and riders board for FTSE 100 status at the end of June.
Thanks, appreciated.
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