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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
  -4.50 -0.7% 639.50 638.00 639.50 652.00 638.00 649.50 752,338 16:35:13
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment Trusts 126.9 26.0 8.5 75.2 2,457

Shaftesbury Share Discussion Threads

Showing 526 to 549 of 600 messages
Chat Pages: 24  23  22  21  20  19  18  17  16  15  14  13  Older
DateSubjectAuthorDiscuss
22/10/2020
22:24
konrad, good call here, meant to mention earlier. Well done.
essentialinvestor
22/10/2020
20:39
I'm not tempted to buy back in, at least at this stage. New restrictions are paving the way for a moritorium in place well in to next year. Overseas tourism is still dead and now new tiered restrictions are in place, with another possible national lockdown on the way. The short term buying case was predicted on availability of a viable vaccine or virus burnout. In early summer an expectation that life could be back to normal (or normal/ish) by Q1 2021, now looks perhaps Q3 2021 - hopefully that won't be too optimistic as well.
essentialinvestor
22/10/2020
20:24
hindsight, a vaccine, now there is optimism. Just listen to the 'Doc' on with Boris and the Chancellor today. Boris was 'biging' up the hopes of a vaccine and the 'Doc' poured cold water on it. Sorry to say even if there is a vaccine, the old and sick will get it first and most other when offered will refuse it. The management need shooting at this company. If I owned the shares I would not go near this rights issue. Going to £2.00 in my humble opinion.
konradpuss
22/10/2020
13:28
To be honest SpectoAcc, I dont think anyone knows, least of all me, all down to vaccine trial outcomes Yes spoint for choice which good as allowed diversification
hindsight
22/10/2020
13:13
Suspect that's a good buy @hindsight, well done - not in here, and may yet buy CAPC instead. If a merger is going to happen eventually, they'll be the ones in the driving seat. Massively spoilt for choice with REITs atm tho.
spectoacc
22/10/2020
10:00
Yes got the 450p for 413p, seems to me the two large holders are taking 75% of the rights in effect
hindsight
22/10/2020
09:48
hindsight your well below 450 now but are small shareholders deemed to be a qualifying shareholder or is this another one of those for the big boys only? As two biggest shareholders have declared they will participate and they say thei will deal with the following worst case scenario of " A decline in total rent collection to 25% of contracted rent from 1 October 2020 to 30 June 2021, rising to 35% and 45% in the quarters ending 30 September 2021 and 31 December 2021 respectively" although its currently not as good as this so they are optimistic but will still have access to an RCF. Im guessing CAPC will sit on the sidelines for a while yet before they decide whether to take the lot but still surprised they haven't engineered a merger of equals or maybe this is a precursor move by SHB to facilitate that? There is more detail about current trading in the body of the document but have only skimmed it so far.
nickrl
22/10/2020
08:43
A buy around the rescue rights price of £4? Gutsy from CAPC, but did they have a choice?
spectoacc
20/10/2020
08:58
Hindsight, how are you basing your 'buy price' level? From basic charting Edit - Credit where due , you did call Resi right
hindsight
19/10/2020
21:26
Was in the West End and Victoria last Wednesday. It was a ghost town. Gearing is a wonderful thing when asset prices are rising. Hindsight, how are you basing your 'buy price' level? I have no accurate idea currently where their portfolio value is so I have no certain idea of a 'buy price'. I am only certain of their debt level.
konradpuss
19/10/2020
12:40
Looking for 450p to rebuy sold ones They are trading O.K. and loving it. I would not put this as bad news for SHB, rather have tenants trading ok on turnover rents than empty property. Seems to me SHB have plenty of cash to cover any interest/overheads shortfall but are the bond holders going to wave the income covenants at present. They should be made to as part of the Government moritorium but its not clear
hindsight
19/10/2020
10:11
With further trading restrictions being imposed and the possibility of another national lockdown, all be it will be called by a different name, it looks a murky outlook for much of the sector currently. Moritorium could remain in place for another 6 plus months.
essentialinvestor
16/10/2020
21:48
They were priced for perfection going into covid. Plenty of air has come out since but I'm inclined to agree that a brutal reckoning lies ahead.
jl9
16/10/2020
20:27
I heard an interesting story. The wine bar I will not mention the name of who is a tenant of Shaftesbury is celebrating. Around the turn of the year they were going to 'give back the keys' as they were just working for the landlord, oh! and Shaftesbury were plotting a big increase in their rent. Low and behold 'Covid 19 came along and Shaftesbury said "lets give you a turn over rent lease". They are trading O.K. and loving it. I therefore reaffirm my view that Shaftesbury will bottom at two quid a share.
konradpuss
28/9/2020
16:37
CAPCO appears to have sold another asset, if reading thst correctly?.
essentialinvestor
27/9/2020
23:56
SHB philanthropy to its tenants reflects the reality of the situation and another example of a landlord putting its tenants above short term shareholder interest that needs to be stuffed under Alok Sharma. Its a shame they are silent on what the issue is over the 26% of uncollected rents as presumably an element is from the cant pay wont pay brigade but without this income they will find it difficult to sustain rent forbearance let alone restore a dividend which could be years away. I guess with CAPC being a long term interested party it will keep a prop under this but Im sure they would like to engineer a merger of equals.
nickrl
25/9/2020
23:30
https://www.theguardian.com/business/2020/sep/25/nearly-60-of-west-end-shop-rents-left-unpaid-says-major-london-landlord
eeza
25/9/2020
20:21
In the update today the company tells of buying three strategic properties. They then go on to say they have collected 41% of rent with a further 10% promised in respect of the last quater. The remainder - who knows. Surely they should be planning for the worst with their borrowings? I will stick by my opinon of where the share price could end up.
konradpuss
15/9/2020
21:10
undervalue, it a matter of how long that takes. It's back to the the 'bird in the hand or bird in the bush'. I think that it is down to two things with Shaftesbury, its debt and how much values will receed until things get better.
konradpuss
15/9/2020
12:15
London Prime property recovers in the end. Meanwhile Mr Market is offering investors a chance to get in at a nice price. That is my thesis .. plain and simple
undervaluedassets
24/8/2020
22:05
Konrad, watched the recent CLS results conference call and they appear to be looking for opportunities in the UK market. UK is the market they see as interesting atm.
essentialinvestor
24/8/2020
10:00
SREI might be worth a look under 30 pence, if available. We may be due another leg down on the London heavy REITS.
essentialinvestor
24/8/2020
09:49
SHB does have some residential, it's a small part of the portfolio. Added to CLS this morning.
essentialinvestor
23/8/2020
15:48
Not sure at what £/M2 point conversions to residential will happen, but would think any office at the planning stage will be getting re drawn to apply for residential The resident population of London has grown from 7.2m in 2001 to 8.9m in 2018
hindsight
Chat Pages: 24  23  22  21  20  19  18  17  16  15  14  13  Older
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