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Share Name Share Symbol Market Type Share ISIN Share Description
The Local Shopping Reit Plc LSE:LSR London Ordinary Share GB00B1VS7G47 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 31.50 31.00 32.00 0.00 0.00 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment Trusts 0.0 -1.9 -2.3 - 26

The Local Shopping Reit Share Discussion Threads

Showing 3401 to 3424 of 3500 messages
Chat Pages: 140  139  138  137  136  135  134  133  132  131  130  129  Older
DateSubjectAuthorDiscuss
14/6/2019
13:26
Be fair , as Thal own 25% of Lsr Im sure hes very upset to have created this ongoing value distruction for Thal shareholders on top of the probably larger legal costs on thier own side. Anyway time for me to wake up and have my cornflakes
hindsight
14/6/2019
12:53
I doubt admin will be that expensive but I agree with the sentiment expressed at the end of your post. Thank you Duncan, indeed
frazboy
14/6/2019
12:34
The most recent NAV was reported at 33.6p. We can probably knock 2p off in legal costs that the board have taken to fight Thalassa. We are also going to have to pay another 2p or so in admin expenses to keep this company alive for another year because of Soukup. I can see another 2p in "unexpected" costs before everything is brought to a close. That gives us a share price of 27.6p. Last tick was 27.4p - looks a little over-valued to me given the risks here. Thanks, Duncan!
tabhair
14/6/2019
11:49
Probably just the lack of news. It's now over 5 weeks since the bid lapsed and absolutely nothing from the company.
stemis
14/6/2019
10:36
From the last sales update, presuming contracts have gone through, there were 5 properties left with a approximate book value of £3m. So even if these were discounted 25% when eventually sold it wouldnt explain all the fall. Think also to do lack of news or holders needing an exit for various reasons, maybe to shift through some woodford wreakage
hindsight
14/6/2019
10:06
Indeed HoW - prices of the few that remain are no doubt on the slide.Wonder how that meeting with Thalassa and/or court petition is coming along. It's been over a month.
frazboy
14/6/2019
08:15
Should imagine the last stragglers are proving difficult to shift without significant discounts
hillofwad
11/6/2019
10:32
Someone selling on book
hindsight
04/5/2019
19:26
They don't have the distributable reserves to do that.
stemis
04/5/2019
19:01
They cannot block a dividend though, and LSR decides the dividend level, it doesn't have to be a special dividend either. Then they can announce they don;t have enouygh money left to make LSR a going concern, so will wind it up (as they are legally obliged ot do) and THAL can whistle.
gbjbaanb
03/5/2019
21:40
That would be a great outcome for LSR and THAL shareholders, but is that likely given all that you have heard from THAL?
scburbs
03/5/2019
21:09
As I said in 3399 - Perhaps a good outcome would be that the bid fails and then Thalassa support returning the cash to shareholders without the need to go to court?
sleepy
03/5/2019
20:58
It’s certainly hard to see how you can be vehemently opposed to a cash shell looking to return cash via a liquidation! They are vehemently opposed to LSR returning its cash to its shareholders because they want control of the cash! Even though the offer has failed they can still block cash return unless court says otherwise. If they were even remotely investible then the offer would have succeeded. However, no company remotely investible would offer to buy cash at a notional (illusory) premium as it just means their own shareholders won’t give them any money.
scburbs
03/5/2019
20:49
Yes, great news to see Thalassa defeated.
topvest
03/5/2019
18:11
Love this bit: Whilst vehemently opposed to the proposals put forward by the LSR Board to date, the Thalassa Board remain, as they always have been, open to working with the LSR Board to find a fair, certain and equitable return of capital to LSR Shareholders. ROTFL
alanji
03/5/2019
17:36
Unsurprisingly, the bid has lapsed. THAL are baffled. I'm baffled why they are baffled! They need the cash so I see no reason now, not to agree to the capital distribution.
tiltonboy
02/5/2019
22:26
Difficult to see much ego on the LSR side from here. They have cash, they want to give it to shareholders. Yes they may not have done a good job in the past, but that doesn’t change the current situation. Only one person is trying to stop the company returning cash to its shareholders. If THAL shareholders were asked to vote on whether it is a good deal for them, they would also say no. The offer is a terrible deal for LSR, but a worse deal for THAL shareholders given the extreme dilution to purchase cash (aka attempted discounted placing with LSR shareholders being asked to stump up the funding).
scburbs
02/5/2019
19:13
Do you work for Thalassa, deepvalue?
frazboy
02/5/2019
19:02
I think Vetch has the bigger ego and he seems determined to tie his own noose. I want to see what other skeletons he is really hiding and what advice he has been ignoring all this time.
deepvalue2015
02/5/2019
17:55
He needs the cash so he may end up waving it through...but will his ego let him!
tiltonboy
02/5/2019
17:48
No chance of imprisonment whatsoever, that's my take. Smoke screen? What's Thalassa's next move I wonder. Does he continue the farce or does he do the gentlemanly thing and walk the plank
frazboy
02/5/2019
16:50
Those powers are there as a deterrent and no chance whatsoever of imprisonment. Even a fine would probably require a clear breach of black letter law, which Local's lawyers would not countenance.
nicholasblake
02/5/2019
15:47
Not sure what information they are dreaming about, but they got all mine as sent me loads of junk paperwork, email and a phone call. Dread to think at what cost to Thal shareholders but we know what its cost us Lsr holders (which is also loss on top of a loss for thal shareholders)
hindsight
02/5/2019
13:23
Some thoughts on latest developments. Thalassa threatens LSR officers with possible imprisonment: hTTps://cube.investments/thalassa-chairman-threatens-lsr-officers-with-possible-imprisonment-thal/
rndm355
Chat Pages: 140  139  138  137  136  135  134  133  132  131  130  129  Older
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