Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Shaftesbury Plc LSE:SHB London Ordinary Share GB0007990962 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  10.00 1.59% 637.00 635.50 636.50 637.50 629.50 633.50 191,913 16:35:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment Trusts 126.9 26.0 8.5 74.9 2,447

Shaftesbury Share Discussion Threads

Showing 476 to 500 of 600 messages
Chat Pages: 24  23  22  21  20  19  18  17  16  15  14  13  Older
DateSubjectAuthorDiscuss
15/8/2020
06:29
That is one reason I am glad I am not an employee. Independence of thought and finance is a wonderful thing. That could have been said by Charlie Munger!
konradpuss
14/8/2020
22:48
Government aim is to have half a million people in the UK on COVID trials by October. I volunteered 3 weeks ago for both the Oxford/Astra and Imperial College vaccine trial, as did my partner. Besides a thank you e-mail from the National Institute for Health Reserch, neither of us has been contacted. Guessing they have more than ample volunteers already; so hopeful there is high take up next year. Authorities can also encourage take up in many way. Vaccination passports for overseas travel etc. As reduced economic activity is both reducing the tax take and vastly increasing borrowings, authorities will be highly motivated. I would also expect pressure from the private sector on employees and given increasing job insecurity...etc.
essentialinvestor
14/8/2020
21:47
Essential, I love an optimist! Even if they find a vaccine, what percentage of the population will agree to take it? I am sorry to say the chances of a vaccine in any case are low.
konradpuss
14/8/2020
21:36
Had a nice result on SLI this week, buying late Wednesday and selling in the afternoon, also XD yesterday, just a small trade though. Bought some CLS this morning. UK government has now acquired approx 300 million does in total of different COVID vaccine candidates, so hopefully this time 12 months brings a much better outlook.
essentialinvestor
14/8/2020
21:33
Essential, yes Shaftesbury could raise funds, however at what price? I see that Schroders are letting most staff work from home going forward (at least according to The Guardian). That does not bode well for companies with City Office exposure. This will happen with most City and West End office occupiers. Who wants to be 2 mm's (not 2m) from a person on the tube morning and night?
konradpuss
13/8/2020
13:37
Konradpuss there was another seller reported on RNS this morning that VELOQX (JERSEY) LIMITED AS TRUSTEE OF THE VELOQX SETTLEMENT have gone from 5.48 to below 3% whether they were traded or placed or don't know but thats c7.5m shares. https://www.londonstockexchange.com/news-article/SHB/holding-s-in-company/14653045 Edit: Just realised this is probably Lees sale!!
nickrl
12/8/2020
23:03
SHB would have no issue raising funds, if the very worst transpired. They would be absolutely loath to do that because of likely NAV dilution. And it may also allow a predator to swoop - not necessarily Capco. COVID is key to SHB prospects (domestic and international tourism). Although I expect we may be facing a grim autumn/winter, would hope widely available vaccine options will be in place Within 12 months - Russia already had the basis of their COVID vaccine from previous Ebola research. Even with a vaccine, higher unemployment levels will be with us for years, so the clock is not going to be reset to December 2019, need to be realistic on that. It's very likely to be a tough 2/3 years.
essentialinvestor
12/8/2020
21:20
Konradpuss for sure if only base rent is used for covenant tests which initially is the only certainty. Lenders will continue to cut propcos slack whilst market is distressed imo unless they reckon theres a deal to be had.
nickrl
12/8/2020
20:43
Essential and nickrl, Oh! yes. How did I over look that. Ever think you are repeating yourself? It must be age! Nickrl, based on your 50% of previous ERV and a yield of say 4% I think you have a base line valuation. If this comes to pass they will have all sorts of problems with their banking covenants.
konradpuss
12/8/2020
20:21
Konrad, Capco were not buying in the market, that was a second part of the already announced acquisition from Lee, they required shareholder approval due to the % holding in SHB - at least that's my understanding.
essentialinvestor
12/8/2020
20:17
Konradpuss they acquired the shares off Samuel Tak Lee so shouldn't have to buy in market. AFIK they are are afflicted with same issues as CAPC and too many people have yet to accept that rents have become over inflated in some parts of London and without international tourism there not sustainable. Yes its great destination but so was Roman Londonium but without punters they have to cut there cloth to suit. SHB recognise this and are moving to t/o rents which is only viable option to keep occupancy up so its still an attractive destination but what base rent they will be able to get is yet to be revealed but sub 50% is my guesstimate.
nickrl
12/8/2020
20:01
Around 5.74 was available on the bid yesterday. Probably back in under £5. Some incredible recent volatility. Following the March plunge low of 4.62, SHB bounced to near £7 in early June.
essentialinvestor
12/8/2020
19:32
Hindsight, I think you are thinking my valuation is extreme. If I have a moment I will work out the £ per sq.ft over the estate at my valuation. I don't do m.sq.! My valuation is down to gearing and the reduced ERV of the portfolio. Just look at the Cap Co. valuation decline in their release today. Oh and I see Cap Co have increased their interest to over 25% in Shaftesbury. I wondered who was buying to push up the price over the last few days.
konradpuss
12/8/2020
19:31
Hindsight, I think you are thinking my valuation is extreme. If I have a moment I will work out the £ per sq.ft over the estate at my valuation. I don't do m.sq.! My valuation is down to gearing and the reduced ERV of the portfolio. Just look at the Cap Co. valuation decline in their release today. Oh and I see Cap Co have increased their interest to over 25% in Shaftesbury. I wondered who was buying to push up the price over the last few days.
konradpuss
12/8/2020
17:45
Nick, spotted the recent buys thanks, however BOD holdings look modest to me. That beimg said it's the same with SREI etc. UK COVID cases over 1,000 for 2 consecutive days now, needs to be watched.
essentialinvestor
12/8/2020
17:34
EI your amongst friends on SLI NED has hoovered up 120k over last week which is a real vote of confidence.
nickrl
12/8/2020
16:50
Hi Nick, the uncertainty not helping sentiment. Bought 20,000 SLI under 51.80 today, not tempted by much else in the sector atm. SLI go XD for 0.7 tomorrow, from memory.
essentialinvestor
12/8/2020
16:02
EI if only we knew that answer!! Property Federation and others are pushing HMG to go halves on outstanding rent but extending the moratorium costs HMG nothing and I doubt they will want to be seen to bailing people out directly. In reality rents will need resetting to keep tenants and some landlords know this but many also have bankers on there backs so are constrained. HMT/BoE has provided sufficient liquidity to facilitate adjustments to loans but market isn't sorting it so they need to bang heads together in my view.
nickrl
12/8/2020
12:59
Nick, are we looking at another few Q's of moritorium roll overs?. That's the main concern for me atm, how long will HMG let that run.
essentialinvestor
12/8/2020
12:56
Still above my badly timed sell price, although got out with a 12 pence profit per share.
essentialinvestor
12/8/2020
10:11
Write up on the London commercial office market in yesterday's FT, following the DLN update yesterday. Having sold out of TRY, SLI and SREI, I've got very limited sector exposure left now. I'm tempted to get back in to SLI, if anyone has a view on that Trust.
essentialinvestor
12/8/2020
10:03
Shieldbug nice insight and CAPCO's interims today confirm your finding with NAV down 18% on its Covent Garden estate!! Various footfall trackers aren't positive about London vs other regional cities although its trending up except the City of London which i can vouch for having been up there weekly for last two months and it remains as deserted as ever.
nickrl
12/8/2020
08:47
Anecdotally - a recent evening visit to Soho to indulge in Rishi's half price dining offer - the area around Carnaby/Broadwick was buzzing with side roads closed off and filled with diners. Same with Chinatown. Not so Covent Garden Piazza which was pretty much lifeless. Earlier as we walked through Golden Square I noticed a poster promoting Soho Summer Festival - which turns out to be promoted by Shaftesbury. It seems to be a relative success.
shieldbug
12/8/2020
08:43
Hindsight the vaccine is 'sorted'. The Russians got there first - said with tongue firmly in cheek! Yes after you konradpuss, but means some Russians will be vaccinated in London, especially 35 year old children, a group I would not suggest as they have a higher death rate from road accidents At £2.12 what is the £ per M2 ?
hindsight
12/8/2020
07:08
I was some what surprised yesterday with the optimism of the fellow presenting the Deloitte 'crane survey' and Derwent London. Both were talking up Central London offices. Perhaps they should read what BP said yesterday. In some areas of the world they will be cutting up to 50% of their office accommodation - much more home working. I guess they will retain all their London offices so everything will be just fine. Essential you have my valuation £2.12. I am sure I will be wrong mind - it might be £2.10!
konradpuss
Chat Pages: 24  23  22  21  20  19  18  17  16  15  14  13  Older
ADVFN Advertorial
Your Recent History
LSE
SHB
Shaftesbur..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210514 16:25:53