User Notice: The site will be occasionally unavailable due to scheduled maintenance this weekend. Please accept our apologies for any inconvenience.

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 Shares Traded Last Trade
  18.50 2.97% 640.50 570,469 16:35:03
Bid Price Offer Price High Price Low Price Open Price
638.50 640.00 639.50 618.00 632.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment Trusts 126.90 26.00 8.50 75.4 2,461
Last Trade Time Trade Type Trade Size Trade Price Currency
17:55:55 O 7,841 638.431 GBX

Shaftesbury (SHB) Latest News

More Shaftesbury News
Shaftesbury Investors    Shaftesbury Takeover Rumours

Shaftesbury (SHB) Discussions and Chat

Shaftesbury Forums and Chat

Date Time Title Posts
25/2/202123:42Shaftesbury.. solid one to watch567
04/6/200813:50*** Shaftesbury ***-
14/12/200520:55Shaftesbury - Shares fall after renewed concern about its Business Model2
30/7/200323:09Any thoughts on Shaftesbury?14

Add a New Thread

Shaftesbury (SHB) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-05-07 16:58:17638.437,84150,059.37O
2021-05-07 16:45:42637.0275477.76O
2021-05-07 16:44:08627.622,72917,127.75O
2021-05-07 16:18:21631.941,4449,125.23O
2021-05-07 16:17:47640.5017,241110,428.61O
View all Shaftesbury trades in real-time

Shaftesbury (SHB) Top Chat Posts

Shaftesbury Daily Update: Shaftesbury Plc is listed in the Real Estate Investment Trusts sector of the London Stock Exchange with ticker SHB. The last closing price for Shaftesbury was 622p.
Shaftesbury Plc has a 4 week average price of 616p and a 12 week average price of 556.50p.
The 1 year high share price is 706.50p while the 1 year low share price is currently 407p.
There are currently 384,214,860 shares in issue and the average daily traded volume is 935,687 shares. The market capitalisation of Shaftesbury Plc is £2,460,896,178.30.
nickrl: Mr Market doesn't seem too bothered about the situation. Im not convinced myself but SHB are well funded currently and they have CAPC putting a prop under it as well so doubt they will drop back much from here given poor rental income.
hindsight: konradpuss, thank you for the reply. I like the fact that last valuation Dec 2020 puts them on a 38% discount with a low 22% LTV. They have some income so can pay small divis, at least beat bank account (Edit 10 year gilts are 0.3%). Personally would top slice some SHB @ 600p and put into BCPT. As I understand it standard rent free use to be 6 months ? so its 18 months more but if that gets quality corporates for 13 years then it makes them attractive long term Ps Agree on London Mayor, London needs half full, rather than half empty glass leader going forward
nickrl: Im no fan of Khan but his hand has been forced over congestion charging by UK govt. Like you my view is SHB on fundamentals is overvalued but it has the prop of CAPC either taking it out or a merger of equals. In the meantime it has enough cash to keep it going so its basically a punt on normality returning.
konradpuss: Essential, I would do this. If you think things will recover to rents previously paid by Shaftesbury tenants prior to Covid in say three years then buy the shares. I am firmly of a belief that things are not going back to the way they were. More people home working and the suburbs becoming sort of hub centres. Also look what this terrible Major of London is doing - congestion charge seven days a week etc. etc. There will be a price to buy Shaftesbury at and currently I think that is well below where they trade today.
essentialinvestor: I pictured a 3/4 year recovery here and not seen anything to change that view, that can change obvs!. Looking for NAV to trough around Q2/3 this year - but that is very much a guessestimate and only if SHB do Not require another equity raise. konrad works in the industry, I dont, it should be said.
nickrl: EI hospitalisation rates is clearly driving govt policy here and imv that won't reach a peak for a few more weeks. Even then govt will want a significant reduction to rebuild a buffer before it relaxes much. They are also clearly running a strategy to at least minimise the possibility of imported mutations now and much of the Western world is in the same space. So I see international tourism being significantly reduced in 21 and SHB are leveraged to that footfall driving there tenants income and thus SHB NRI. There is the potential that there will be substitution from staycations and day visitors but that needs the current rules being relaxed back to at least as they were last summer. I believe this will happen in part from current measures and vaccinations but more so from natural suppression of the respiratory. With SHB leveraging themselves to t/o rents they aint going to have a good 2021 so your buying into the future here. They have the cash in hand to get through this now and of course there remains the possibility of CAPCC launching a bid or more sensibly trying for a merger but share price will tread water at current levels.
konradpuss: Essential, the recent share price up tick makes no sense to me after the recent results. I guess 'the market' is looking at the future more optimistically than me.
essentialinvestor: Helical can be very volatile share price wise, I could make a stronger buy case around 2.70ish type. Besides COVID the odds of a no deal EU exit are now rising - this is not a political point, I'm mentioning it re short term sentiment which can impact sector share prices.
nickrl: Essential in terms of an opportunity to get hold a big stake quickly have to concur with your view although CAPCO will see no return on that for at least 12-18mths. Furthermore they've put a prop under SHB share price with there intentions now pretty clear they want a merger or a takeover and im pretty sure they would get the funding as well given how many other plc are getting hefty raisings' away without issue currently. As you say plenty of dosh in the system looking for home not because its makes money but earns fees for the bankers promoting them.
trcml: Thank you. Am I right in thinking that a 'collector's premium' has been added to SHB's NAV? (As I recall, the reasoning that was that anyone buying SHB would get more than just the individual properties). In May 2017, it was reported that NAV rose to 912p, compared to 646p in 2007 just before the sub-prime crisis in mid 2008. I don't know what SHB NAV is now but CAPC buying in at a discount to share price when the latter itself is not a reliable measure makes me think CAPC are simply buying into a neighbour because that's closest to home.
Shaftesbury share price data is direct from the London Stock Exchange
ADVFN Advertorial
Your Recent History
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:20210508 10:33:21