Find Your Broker
Share Name Share Symbol Market Type Share ISIN Share Description
Sirius R E. LSE:SRE London Ordinary Share GG00B1W3VF54 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.80p +1.32% 61.20p 60.80p 61.20p 62.40p 60.40p 62.40p 889,820 16:35:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 63.4 78.8 7.8 7.7 615.75

Sirius R E. Share Discussion Threads

Showing 126 to 150 of 325 messages
Chat Pages: 13  12  11  10  9  8  7  6  5  4  3  2  Older
DateSubjectAuthorDiscuss
08/10/2012
18:58
ROBIZM - "what then", its pretty clear that if they can't refinance they will have to wind the company up, either in a controlled manner if the creditors cooperate or fall in a heap if not. Remember the first loan is secured at asset level so it won't break the company. THe share price has dropped as the refinancing requiremnt approaches so there may well be a bounce if a deal is announced - I'm expecting a stand still arrangement whilst asset sales are sorted out for a large arrangement cost of course. You must bear in mind where these assets are! Germany has strong banks and institutions that do 90% of the lending why would they shy away from lending when Sirius have a secure asset base and pay their debts?
aaainvestment
08/10/2012
16:50
Tbs are not renewing the loan and if they can't renew the other loan then what then
robizm
01/10/2012
09:51
We (thats assuming anyone else is still invested) should be hering from the company anytime now about the refinancing and possible site sales; the price is currently surpressed presumably because of that issue. If there are any vastly undervalued property companies with a stronger case to secure refinancing please let me know. Sirius are in one of the world's best performing rental market this year, lowering costs, within covenents on loans, strong demand for space, improved rates, selling assets at above independent valuation, improving portfolio, over 90% of lending to German property sector apparently through strong German banks and Instis with rising demand. We'll see soon, I added a few more last week as I reckon the share price is already marked down for potential problems and will get well past 20p if a deal is announced, I have no real fear of failure to secure finance (2 weeks left) but they could possibly announce a negotiated standstill/extension agreement if they need more time to organise a new facility.
aaainvestment
25/7/2012
18:04
gr8 news today & more to come?
mangal
06/7/2012
11:29
Don't be fooled by the European doom and gloonm, Germany is still expanding, this from the telegraph coverage of the crisis today: "11.13 German industrial output data is out, and it's smashed expectations. It was thought that we'd see growth of 0.1pc, but it's taken a 1.6pc leap month-on-month. " Sirius are in a great position to make a major recovery when the Euro problem is sorted and all Germany's export markets resume their high demand and manner from heaven if the German's themselves start to spend (which is what we really want as a stimulus). Workspace will attract a higher premium, Germany have also been looking East for new export markets in yhe midet of all the turmoil - as always seems to be the case they will end up winners economically. It's not all doom and gloom LOL. http://www.telegraph.co.uk/finance/debt-crisis-live/9380370/Debt-crisis-Finland-warns-of-euro-exit.html
aaainvestment
03/7/2012
00:02
dalmeny, Yes, the net LTV looks like 50%, and an 80%+ discount to NAV is always attractive. However, as I was actually just saying elsewhere, I've little current interest in Eastern European property - I think it's an exposure that presents a lot of risk, with little upside potential, right now - so it's not for me at the moment. I prefer other similarly cheap stocks with a different country/regional focus, or am happy to buy a stock that might offer less intrinsic value upside but offers an exposure I specifically prefer. Thanks, Wexboy
wexboy
30/6/2012
09:12
Have you looked at Ablon (ABL) Wexboy? 80% discount to NAV and a lower LTV than SRE. Cheers, Dalmeny
dalmeny
29/6/2012
13:42
A major sale can be another catalyst: http://wexboy.wordpress.com/2012/06/18/how-about-another-catalyst-part-viii/ Let's illustrate with a look at some (current/historical) examples, including Sirius Real Estate: http://wexboy.wordpress.com/2012/06/29/how-about-another-catalyst-part-ix/
wexboy
17/2/2012
01:44
Hi folks, I've included a fresh look at Sirius Real Estate (complete with v exciting new development!) in my latest Catalyst article, where I look at 4 interesting companies/situations with activist investor(s) on board: http://wexboy.wordpress.com/2012/02/16/how-about-another-catalyst-part-vii/ Cheers, Wexboy
wexboy
07/2/2012
18:30
Karoo buying more controlling 24.99% http://uk.advfn.com/news/UKREG/2012/article/51075642
praipus
31/12/2011
13:37
Hi Folks, I've included SRE in my Baker's Dozen for 2012 – see my latest blog post on: wexboy.wordpress.com Best of luck in the New Year! Wexboy
wexboy
15/11/2011
17:25
Weiss shuffling its directors about http://www.advfn.com/p.php?pid=nmona&article=49949287
praipus
11/11/2011
16:46
Yes, thanks Praipus, I've seen your thread - very helpful, I do tend to track these guys as part of my daily web/market itineraries, but it's great to see such a systematic approach. I don't necessarily jump in after activists, but they are great as idea-generators and of course very reassuring to have on board any investment I make! Maybe you come across a book by Orol? - slightly misleading title (Extreme Value Hedging), pretty dry, but still the best book in recent years about activist investors, though biased more toward corporate shareholder activists rather than discount activists.
wexboy
11/11/2011
15:30
"need a lot of ideas" have you looked at the "Tracking the Arbitrageurs Thread"? http://www.advfn.com/cmn/fbb/thread.php3?id=24182742
praipus
11/11/2011
13:27
Thanks, Praipus, SRE figures come from their latest results, with some small adjustments I detail in my post. Yes, I track TRV - comparing side-by-side with SRE, TRV's just as cheap with a 0.31 Price/Book, but their Net LTV is almost 20 % pts higher at 76.7%, so it's not for me. I'll be writing more about portfolio allocation - I generally invest between 1-5% in individual co stocks, so unfortunately I need a lot of ideas to find/monitor! I toy with a higher max of 7.5% - quite acceptable for an investment fund holding - but I can't quite bring myself to do it with individual co stocks so far. Cheers, Wexboy
wexboy
11/11/2011
11:33
Hi Wexboy, blog looks interesting. Where did you get your SRE figures from? On the German property theme have you considered or looked at TRV? On a portfolio theme how do you decide how much to allocate per holding? Also how many holding do you have at anyone time? Cheers Praipus
praipus
10/11/2011
23:54
Folks, I haven't posted on this particular thread, but SRE is one of my bigger portfolio positions and I've followed your comments on SRE with great interest. I've just launched a new value investing blog, and my first post just happens to be about, yes you guessed it...Sirius Real Estate! If you have a chance, please check it out, and if you like the blog any recommendations/referrals/links would be greatly appreciated! - here's the address: wexboy.wordpress.com Thanks & Cheers, Wexboy
wexboy
09/9/2011
12:51
Weiss man clearly approved of by some of the board as they chuck some more money at their own stock. http://www.advfn.com/p.php?pid=nmona&article=49113276
praipus
26/7/2011
14:49
Done. Weiss man on the board fascinating http://www.advfn.com/p.php?pid=nmona&article=48572895&symbol=L%5ESRE Track Weiss holdings in post 3 of the following thread http://www.advfn.com/cmn/fbb/thread.php3?id=24182742
praipus
28/6/2011
14:10
Weiss Asset Management requisitioning an EGM to get their oppo's on the board and some value for the shareholders at last! http://www.advfn.com/p.php?pid=nmona&article=48214554 Track other Weiss holdings in post 3 of the following thread http://www.advfn.com/cmn/fbb/thread.php3?id=24182742
praipus
25/5/2011
16:58
Laxey grabbing 10 % http://www.advfn.com/p.php?pid=nmona&symbol=sre&article=47819818 Track their other holdings in post 1 of the following thread http://www.advfn.com/cmn/fbb/thread.php3?id=24182742
praipus
14/4/2011
20:37
Yes, starting to look positive. A 3% occupancy improvement is quite significant.
topvest
14/4/2011
11:31
Holiss your powers of forsight are impressive. Trading statement shows lots of cash and an increase in occupancy, its spring and the sun shines.
praipus
31/1/2011
14:26
Hope so. Only down 19% now!
praipus
27/1/2011
00:07
Last Friday James Mackintosh wrote in the FT that 'last year German growth was at its highest since 1991. Unemployment fell to its lowest level since 1992. IFO business climate survey have never been more optimistic...the question is how to profit from this. Inflation should rise and Commercial property should benefit from loose monetary conditions, making Commercial property a likely play' With 200m net assets and 300m borrowing, a 4 or 8% rise is commercial property prices will increase nets assets by 10 or 20%, of course the flip side is true. I've joined you Praipus and bought some of these, a 58% discount is too much, we should see improvement by spring 2012.
holliss
Chat Pages: 13  12  11  10  9  8  7  6  5  4  3  2  Older
Your Recent History
LSE
SRE
Sirius R E..
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:20181216 05:29:37