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Share Name Share Symbol Market Type Share ISIN Share Description
Supermarket Income Reit Plc LSE:SUPR London Ordinary Share GB00BF345X11 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 119.75 119.50 120.00 120.25 119.75 119.75 1,102,920 14:39:54
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment Trusts 0.0 82.0 12.6 9.5 971

Supermarket Income Reit Share Discussion Threads

Showing 326 to 350 of 575 messages
Chat Pages: 23  22  21  20  19  18  17  16  15  14  13  12  Older
DateSubjectAuthorDiscuss
17/2/2021
11:28
Good acquisition.
brexitplus
17/2/2021
09:38
Supermarket Income REIT has bought a Sainsbury's supermarket in Bangor, County Down, in Northern Ireland, from John Morgan Estates for £24.8m, reflecting a yield of 6.6%.Developed in 2011, the 10-acre site comprises a net sales area of 44,000 sq ft. The supermarket has been acquired with an unexpired lease term of 15 years with five-yearly rent reviews subject to 2% fixed annually compounded uplifts.The site occupies a key location on the West Circular Corridor connecting directly to Belfast City and Newtownards. The acquisition includes an adjoining Homebase unit with a net sales area of 33,000 sq ft and an unexpired lease term of 10 years with five-yearly, open market rent reviews.Ben Green, director of Atrato Capital, the investment adviser to Supermarket Income REIT, said: "This Sainsbury's store, which has strong trading fundamentals and attractive lease terms, is a welcome addition to Supermarket Income REIT's portfolio. This income accretive acquisition is our first in Northern Ireland, adding further geographical diversification to our growing portfolio of UK supermarkets."
williamcooper104
14/2/2021
15:42
Not sure where you get 72 from. The Annual Report quoted EPRA Net Reinstatement value as 109p and NAV/EPRA Net Tangible assets as101p at 30 June 20. There has since been significant fund raising at 104p.
rik shaw
14/2/2021
15:24
arja - ordinary ITs can give a daily NAV by looking at share prices. Some give monthly if their holdings are largely unquoted. Propcos give maybe quarterly because valuing properties (external, independent) doesn't come cheap! (PS don't trust ADVFN financials.)
jonwig
14/2/2021
15:19
is this similar to an investment trust as no mention of daily NTA or weekly NTA ? In financials it says NTA is 72 and maybe this trades at a premium and will struggle to make progress ?
arja
11/2/2021
15:48
Interims announced for 2nd March - practically a full month later than last year.
skyship
08/2/2021
16:14
In case you missed our webinar with SUPR the recording and stockopedia report can be found here: hTTps://www.sharesoc.org/seminar/sharesoc-webinar-with-supermarket-income-reit-26-january-2021/ To access the recording, you'll need to be a full member of ShareSoc, which is a not-for-profit organisation that supports individual shareholders and campaigns for shareholder rights. If you're not already a member you can join here: hTTps://www.sharesoc.org/membership/ Once you've joined, you'll receive an invitation to register for our "members network" private social network, from where you'll be able to access the recording (and recordings/reports on 100s of other meetings). If you're already a member and have any difficulty accessing the report, please do not hesitate to contact us here: hTTps://www.sharesoc.org/contact-us/
sharesoc
08/2/2021
10:20
I thought it was particularly interesting that click and collect was more profitable than traditional physical and on-line and that in filling existing stores (think those 100k sf plus Tesco's that had 50 percent of their floor area on non food retail) was driving down cost of on-line
williamcooper104
08/2/2021
09:34
Yes, a good article. A key point is that supermarkets may have had a sales bonanza, but it hasn't translated into a profits windfall. Expansion of online delivery has eaten into margins. Interesting point is that click-and collect (20% of SBRY sales) is profitable, but how would you account for that in an online/physical split? Another point (not in the article) is that competition and online will continue to depress supermarket margins whatever the reasonable outlook for inflation. This could explain why some of he rent caps are fairly modest.
jonwig
08/2/2021
07:18
Good article in the Times today (paywall so haven't bothered linking) on supermarkets moving to on-line via in filling robotic/warehouse uses in their existing physical retail estate
williamcooper104
05/2/2021
16:55
Thanks a take a look at it.
nerja
05/2/2021
16:51
Bought MPW and then bought a lot more in March/April Sold them recently, tenants are higher risk given lease gearing and the share price had risen a lot Also own NWF, put some of my MPW gains there, a smaller Canadian hospital reit; nice monthly divi there too
williamcooper104
05/2/2021
15:28
What’s the ones you have in the states?
nerja
05/2/2021
15:16
IHR is worth having a look at Historically have avoided the sector as the lease gearing was too high and the operators have struggled with rising costs and councils cutting funding
williamcooper104
05/2/2021
15:14
I think the red book values are about 10 percent higher than last valuation, add a little for leverage and you are at 120 Other way of looking at it, is that at 120 the divi would be just under 5 which is still attractive, especially as there's a good 10 percent growth to come over next few years
williamcooper104
05/2/2021
14:49
Williamcooper104 How do you come up with a valuation of 130p , I am a holder thinking of topping up. I sold PHP similar time and reason to you bought THRl and IHR instead both worth a look at imo
nerja
05/2/2021
14:05
A property revaluation would likely be met with further stock issuance, so I imagine the rise will be a drawn-out matter.
chucko1
05/2/2021
13:44
Yep - inflation at around 3 percent is the sweet spot for SUPR Annual RPI on leases really helps, means we get the income and the red book uplift and cash income that much sooner Around 130 feels like the right price here
williamcooper104
05/2/2021
13:42
Held PHP for years - sold out over last 18-6 months ago and bought US healthcare reits with much higher yields Felt that at the valuation yields PHP had gone way above alternative use values and I could buy hospital reits with values also way ahead of alternative use value but with much higher yields
williamcooper104
05/2/2021
13:16
Jeffries with a PT of 120p. Average target of 127p. Not that that really means much. More buying this morning as there has been the past week or two has nudged it a further (whopping) 0.5p higher. Just as I was in the process of buying yet more. BoE comments quite interesting in that they see rather higher inflation than originally anticipated, so this may favour REITs with demonstrable inflation protection. Long-dated nominal Gilts have lost 10% or so the past 4 days.
chucko1
04/2/2021
19:08
Do PHP/AGR feature in your thinking? I can see underlying rental attraction of low rates, which won't apply to SUPR properties where initial rents will have reflected higher rates paid by tenant.
bscuit
04/2/2021
18:19
I'm still invested in sheds - but the premium of segro and increasingly BBOX too now mean that the development pipeline really needs to deliver A 20 year prime shed is c3.5 percent - so a good 100bps ahead of a food store, and the RPI caps are now often on sheds at 3 percent
williamcooper104
04/2/2021
18:16
Yep - that would be my understanding - with caveat that the whole rates system is a mess and they might do something radical But then given everything else most likely is that they just adjust the rates for different asset classes and hugely tax sheds - it's one of the few reliable way to tax Amazon
williamcooper104
04/2/2021
17:34
But it would seem that however the rate system for warehouses might change (upwards to some varying extent), the supermarkets in SUPR are unlikely to suffer in any way? Is this your understanding?
chucko1
04/2/2021
14:41
They are meant to be assessed on their "retable" value which is supposed to be equal to the market value of the assets rent - but it's not a simple market value ERV assessment it's very hypothetical, you have to ignore disrepair for instance, and there's a whole debate about mezzinane floors which sometimes are and sometimes aren't rated It's a classic make work tax for surveyors; needlessly complex
williamcooper104
Chat Pages: 23  22  21  20  19  18  17  16  15  14  13  12  Older
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