Segro Share Discussion Threads

[r0n] 06/4/2009 13:35

Fund managers buying now.

[hooley] 04/4/2009 22:24

The 5,241,000 new shares will be listed abd fully paid on 7th April. If just 20% of the new are sold - given there was a 10p profit on each at the close last week - then the MMs would be wearing over 1bn. Unless there are buyers on the other side, the price should fall. I took the juicy divi on the old and then sold my holding, which I had bought xr. The other problem is the the threat of further shorting. This is a fundamentally cheap stock on a year's view with a potentially severe short-term indigestion problem. The sub-underwriters may want to get rid of any stick. I hope to get back in on the other side of a substantial share price drop. My risk is that a bid might soon pop up for the company or for one of the other counters in the sector.

[r0n] 04/4/2009 16:04

GS43 they dont know the share price will crash. i am in long on these and even if they did dip they will recover as they are grossly under valued. The trouble with trying to make money via guessed at dips in the share price is that you can miss out big time on the meteoric rises that can occur in this climate.imho

[gs430navmw] 04/4/2009 12:01

I'm a newbie to share trading so was a genuine question - I can see potential for some poss profit taking on the new shares but other than that I dont understand (as a newbie) why they would drop much given the new ones are at ~10p with a 10p on 7th - therefore making them ~20p - same as current old ones.

But I may well have missed something and completely missed the point.

You must have some reasoning to believe they will drop?

[aspers] 03/4/2009 15:27

Gs43....Just my thoughts....will wait till the 7th and see what transpires......!!

[gs430navmw] 03/4/2009 15:21

Why would they crash on 7th - the NPD shares are trading at 10p with a 10p call?

[aspers] 03/4/2009 15:14

People selling off I guess before the price expected crash on the 7th...!!! keeping my powder dry for the time being!!

[aspers] 03/4/2009 13:46

If you like SGRO get in WKP...same buisness well well oversold, finance sorted and own all property...a multibagger!!

[bonzo1] 03/4/2009 11:34

try yell, still like this though especially as house builders and prop related companies going to recover sharply. this is cheap, YELL is very cheap. also think NEX is worth a punt although recovered from 150p to 230p in a week!

[hooley] 03/4/2009 11:19

Sold half my holding earlier. Hope to buy it back next week - bound to be some sellers given the 5bn new issued and fully paid. Still plenty of shorters on the undergrowth. If not, and the the shares continue on up towards 30p, it will still have been a nice earner. I took the 5.4p divi on the way. Thinking about my next foray - any good ideas out there?

[aspers] 03/4/2009 10:20

Still expecting this to fall back on the 7th April as new shares come online....I am going to wait till then to top up!!

[jas_ron] 02/4/2009 21:19

25p in coming days, easy - one of the cheapest property related companies. has underperformed the others in the sector big time -catch up time. dirt cheap now the rights is out of the way....

[bonzo1] 02/4/2009 15:56

20p now....still too cheap

[mryesyes] 02/4/2009 14:36

Third biggest number of shares traded as new shorts enter and existing shorts close positions
May now become a good day trading shell

[hooley] 02/4/2009 13:57

Heavy selling of the old between 11.30am and 1pm - it brought the share price back from 19.5p to 17.5p. An attempt by the shorters to get back on top? If so, the buy-back should be worth waiting for. This is a fundamentally cheap stock and they would be unable to short the whole issue. Pity we don't know how many shares have been borrowed and how many have been sold by uncovered bears. I suspect some of the sub u/ws have been shorting, covered by their commitment. The mist should clear when the new go fully paid and listed on 7th April.

[911man] 02/4/2009 13:08

Thanks Brer Rabbit - thought it should be somewhere, but not doing this often enough to become conversant.

Wish I had that a few days ago when I bought at 4.2p. I am a long term holder but would have liked to have traded these during the oversold stage. I guess we will not see lows in rights np now which is a shame.

Thanks again.

[brer rabbit] 02/4/2009 12:58

911man - sure you can, tho' you may get timed out now and then ... go to Trades tab (above), key in LSE:SGRN.

[robizm] 02/4/2009 12:18

They are around 8.9p .

[911man] 02/4/2009 11:48

I think you will find the shorters are out as the price of the rights has been climbing up to the ordinary now they are ex div. Great share in my opinion. Strong div off good rentroll. Anyone know what the rights are at the moment as I cannot see this on my cheap ADVFN!

Rgds

[hooley] 02/4/2009 11:40

The shorters may soon need to buy back, perhaps after the new go fully paid. If so,that is when the price will really climb. The MMs must be licking their chops. Next week could be very interesting. Still think there's a chance of a cheeky bid - say 30p - a discount of over 30% on a presently very depressed NAV of 44p. The wait could be gratifyingly rewarding.

[bonzo1] 02/4/2009 10:37

decent rise in anumber of builders - barratts, taylor wimpey etc... 20% up, segro is cheap and will prob cross 20p today.

[vision88] 01/4/2009 20:45

I read somewhere that the dividen will be payable on the 6th may 2009 at 5.4p per share.
The idea that this will now drop yet again to a 10p level is rather disturbing, but a bid of 30p plus would be most welcome

[jas_ron] 01/4/2009 14:29

worth buying, has a lot of potential. debt issues sorted, reovery in mkts from low cost base. 90% plus off high, look how many companies that have had rights issues recently are recovering. Xstrata to name one....

[r0n] 01/4/2009 14:03

I dont think it will go to 10p as PI's outside of the offer will buy in on the current low