Segro Share Discussion Threads

[holts] 04/9/2024 07:52

Why have EBOX agreed what seems a derisory offer other than to maybe flush out another offer ?

[williamcooper104] 04/9/2024 07:31

Yep; it's a great move from SGRO

[skyship] 04/9/2024 07:29

SGRO sensibly using its over-priced paper to make a cheeky low bid for EBOX. Surprisingly EBOX recommends the bid!

[jbarcroftr] 02/9/2024 14:08

Skyship that’s the plan good income and medium term capital gain.I don’t try and trade in and out.Plenty of corporate action ie Ebox to keep me busy.Asli certainly a candidate if Ebox goes as I think it will

[skyship] 02/9/2024 12:47

jb - a good spread there; and should surely provide both good income and capital gain as interest rates fall back.

Personally not very enamoured by SUPR; and you might consider a few ASLI - the other Abrdn REIT in voluntary liquidation. 60.8p today looks to be a very attractive entry point.

[philanderer] 02/9/2024 11:02

Segro PLC (SGRO:LN) PT Raised to 1100p at Morgan Stanley

September 2, 2024 5:22 AM EDT

Morgan Stanley analyst Bart Gysens


streetinsider.com

[jbarcroftr] 26/8/2024 21:07

Also lmp very impressed with Andrew Jones ftse 100 in less than 12 years takes some doing

[jbarcroftr] 26/8/2024 21:04

Skyship I really value your posts thanks on my behalf and I am sure many other followers
I was a developer/ investor for many years and am now retired.All my family money is now invested in reits
I hold Segro but alongside Supr Aire Srei Bbox Ebox and Shed
I also hold API and PCA I think they will both have satisfactory outcomes
Thanks again

[skyship] 26/8/2024 20:02

Sorry - Historic 3.1%, Still less than half the average of the smaller REIT yields.

Achievable because SGRO is an institutional tracker; so they can get away with it. However, shares well over-valued and likely to underperform a basket of the smaller REITs listed on the CP+ thread.

[skyship] 24/8/2024 19:37

Dov - you're right the current share price makes no sense whatsoever.

NAV discount at 1%. Yield at 1%.

Sp way, way over-valued - 30% up from its 2022/23 700p lows.

sp should be down at c800p - perhaps lower.

[dov] 23/8/2024 13:35

On a downgrade this drops by 3 % on an upgrade yesterday share price doesn't move

[philanderer] 22/8/2024 18:57

On Thursday, JPMorgan increased the price target on Segro PLC (SGRO:LN) (OTC: SEGXF) shares to GBP10.50 from GBP10.00, while the firm maintained an Overweight rating on the stock. This adjustment follows a fresh evaluation of the company following its first-half 2024 financial results.

JPMorgan's revised outlook includes a "Blue Sky scenario" that suggests a 42% upside potential for Segro's shares. The analysis involved a reassessment of four key variables that could influence the company's future performance.

The firm compared Segro's valuation to other major players in the UK market, often referred to as The UK Super Six. This comparison was part of an effort to provide a broader context for Segro's financial standing and potential growth.

In addition to the comparative analysis, JPMorgan utilized CoStar data to examine conditions in key Segro locations, such as Slough, The Midlands, and Park Royal. The findings indicate that listed real estate is increasingly being viewed as a lower-risk investment within the equity markets.



investing.com/

[philanderer] 21/8/2024 14:58

Added a few @ 865p.

[dov] 21/8/2024 13:11

Market preferring to believe UBS downbeat assessment currently

[philanderer] 21/8/2024 12:50

SEGRO: One Of The Highest Quality European REITs, Still Reasonably Valued

[dov] 20/8/2024 17:32

Thought there must be a reason How can this not be a buy even with the downgrade it received he still gave it a price tag of 995p Makes no sense

[philanderer] 20/8/2024 16:59

Market report...

Segro was another blue-chip casualty, down 2.5%, after UBS downgraded to ’neutral’ from ’buy’ due to a weaker outlook for logistics rental growth.



August 20, 2024 5:11 AM EDT

UBS analyst Zachary Gauge downgraded Segro PLC (SGRO:LN) from Buy to Neutral with a price target of 985 p

streetinsider.com

[dov] 20/8/2024 13:19

Getting pretty washed out so far today

[philanderer] 12/8/2024 11:39

Looking ahead to the UK's inflation print on Wednesday, forecasters have suggested the data will show inflation ticked up to 2.3% from the Bank of England's target rate of 2%, Bloomberg reported, citing its survey of economists.

The forecasted moves upward follow a rate cut by Threadneedle Street at its last meeting, down to 5% from 5.25%. The Bank has been at pains to stress it will only cut rates if low levels of inflation are sustained — the reduction on 1 August was its first rate cut in four years.

[philanderer] 07/8/2024 18:01

xd tomorrow for the 9.1p dividend

[philanderer] 07/8/2024 12:20

Segro Gets Equipment Hire Specialist to Treble West London Base

North Feltham Park Is Circa 97% Let After AT Communications' Expansion Deal

[philanderer] 05/8/2024 18:39

Segro PLC (SGRO:LN) PT Raised to GBP9.78 at Berenberg

[philanderer] 04/8/2024 14:17

Kepler Capital analyst Frederic Renard maintained a Buy rating on Segro plc (REIT) on August 2 and set a price target of 1030p

[angus mcoatup] 01/8/2024 11:06

BoE cuts interest rates