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SHB Shaftesbury Plc

421.60
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Shaftesbury Plc SHB London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 421.60 01:00:00
Open Price Low Price High Price Close Price Previous Close
421.60 421.60
more quote information »

Shaftesbury SHB Dividends History

No dividends issued between 24 Apr 2014 and 24 Apr 2024

Top Dividend Posts

Top Posts
Posted at 01/3/2023 13:52 by essentialinvestor
CapCo now trading at a 1% premium to the conversion price - based on the
SHB share price at the time of this post.
Posted at 08/12/2022 16:29 by essentialinvestor
At the time of this post the SHB share price premium on the merger terms is gone.

First time since the deal announcement.
Posted at 29/11/2022 10:05 by nickrl
results out with NTA up and divi up a fair whack but still a lousy yield. they've already spent 13m on the proposed merger which now has been pushed back to Q123 whilst CMA decide. no debt issues to concern them for years although post merger it may look a lot different.

as i say yield at 2.75% makes it pointless for me but lets see what the new entities policy is on divis.
Posted at 14/10/2022 21:10 by essentialinvestor
Konrad, given your price target is about 10% away and the SHB price at
the time you gave that view - that's pretty much a hit. Well done.
Posted at 23/9/2022 22:16 by nickrl
Thats a good point on $/£ advantage for increasing tourism and spending in the capital. Never know whether you go for SHB or CAPC before the merger?
Posted at 09/8/2022 14:19 by essentialinvestor
The share price has taken an age to closely reflect the merger terms - 3.356 Capco shares for every SHB share held, the SHB "premium" has slowly been whittled away.

On the Capco price there is currently an approx a 1% premium remaining.
Posted at 02/3/2022 19:28 by essentialinvestor
I'm not holding SHB atm as mentioned, have a small position in CapCo so
keep an eye on this. Expect 2 will become 1 in time.
Posted at 07/2/2022 12:33 by essentialinvestor
I currently hold a very small amount of CAPCO - just for transparency,
not holding any SHB atm. Monitor SHB as think CAPCO will ultimately bid.

Appreciate the different views btw.
Posted at 05/2/2022 09:41 by skyship
EI - well, you know well my thoughts on SHB, so obviously I totally agree with david.

Any upside here limited to the trading range; but essentially a downward trajectory as very small discount to NAV and no yield protection.

Elsewhere in the sector 2021 provided enormous gains as valuations, yield compressions instigated great NAV recoveries - most now north of pre-pandemic levels.

Still money to be made by switching from here to the likes of BREI & SREI:

# BREI @ 92.4p - Disc. = 23.6% & Yld = 4.33%

# SREI @ 55.10p - Disc. = 16.3% & Yld = 5.27%

NB: SREI's keenly awaited Q4'21 NAV likely to be north of 69.4p, at which level disc. = 20.6%


free stock charts from uk.advfn.com
Posted at 03/12/2021 12:19 by essentialinvestor
Hi Sky, been in/out of SHB a number of times, but primarily saw this
as a 2/3 year play on asset values increases as hospitality reopened and people
returned to this part of London.

The issue now is COVID continues to drag on and their shops and restaurants
benefited greatly from overseas tourists in the past.
Reading the recent statement there is now an expectation that overseas visitors
will largely stay away the next couple of years - so that arguably blunts some of the potential upside.

SHB also a bid possibility given the Capco and Norges % share holdings.


Not been overly lucky with bids over the years, but had CLIN yesterday,
which I mentioned on the SHA board as an idea last week and again this Weds.

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