10 year gilt yields shot up 4.65 answered my own question |
Another downgrade presumably? |
Anyone know what's going on this morning 3 % fall |
Major logistics firm opens new £230m hub at SEGRO Park in Coventry
DHL has opened a new state-of-the-art facility at SEGRO Park |
Could they invest at 10%-12%? |
They could if they're going to invest it at 10-12% which is way above their cost of equity then at this sp |
Kepler Capital analyst Frederic Renard maintained a Buy rating on Segro plc on February 18 and set a price target of 810p |
Even Segro couldn’t try a rights issue at less than 830 p ? |
The data centre Capex pivot isn't really working out Suspect it's fears that there will be a rights issue to fund it |
Goldman Sachs cuts Segro price target to 780 pence - 'neutral' |
sigmund, I agree.
1 million shares printed so far today. |
i may be biased as an existing holder, but i read the report very positively. i was entirely expecting share price to be up today. can only think other market issues are affecting share price
topped up this am
irrespective of short term movements, this and similar reits must have structural growth ahead. data centres must have huge demand going forward, even if their disks get obsolete faster than my old zx spectrum
is there a cheaper way to get exposure to datacentres? |
Think fall has more to do in increase in upward 10 yr gilt today |
Yep, another one down the khazi. Give up these days. |
Dov, it's trending down.
95.8% in FY 2022. |
94% v 95% can't imagine it's this |
* vacancy rate may be what the market is slightly uneasy about..?. |
Some broker probably not agreeing today Oversized fall this morning |
Exactly... |
Well, no shocks thank goodness. Chugging along. |
If it's anything like BATS and ULVR , it'll sink like a stone tomorrow with the results. |
 Segro shares due a rerating, says Shore Capital
Segro (SGRO) is expected to deliver another set of strong results this week which should help the shares realise their growth potential, according to Shore Capital.
Analyst Andrew Saunders reiterated his ‘buy’ recommendation on the Citywire Elite Companies + rated property investor and developer, which was trading up 0.3% at 710.6p on Wednesday ahead of results on Friday.
Saunders predicted the company will ‘prove once again its ability to deliver attractive upside in earnings through a combination of organic rental growth, the capture of reversion, completed developments, and capital recycling’.
He said the group offers ‘attractive earnings growth along with additional scope to upgrade our conservative forecasts, should all the parts of the rental uplift jigsaw fall into place by full-year 2026’.
The shares are trading at 0.73 times Saunders’ net tangible asset forecast for full-year 2025 having been aggressively marked down from almost parity back in September.
The shares therefore offer ‘strong potential for recovery and outperformance’;, driven by rental upside and capital and development returns as the property cycle moves into the upswing.
Citywire |
This share is becoming a serious dog if it can't rally on an interest rate cut like other REITs |
Must be another broker cut today then if this is down against a really positive market |
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