Tritax Big Box Reit Share Discussion Threads

[gswredland] 28/2/2020 09:17

Can’t believe my eyes.
Trying to keep hands off buy button.

[shauney2] 27/2/2020 13:41

Trying to be patient here.Bought these before on the dips to 130p

[porsche1945] 27/2/2020 12:57

Just added significantly, dirt cheap. I dont really see how this virus thing which is over hyped anyway affect this.

[tyranosaurus] 24/2/2020 11:04

That`s the recent share price increase gone.

[skinny] 24/2/2020 07:40

Tritax Big Box REIT plc (ticker: BBOX), the only real estate investment trust dedicated to investing in very large logistics warehouse assets in the UK, confirms that it will announce its results for the year ended 31 December 2019 on 17 March 2020.

[williamcooper104] 17/2/2020 20:41

Then again it didn't sell off to same extent as U.K. cyclicals

[nimbo1] 17/2/2020 16:26

sure it will. I no longer feel as comfortable with it as I once did because it hasn't reacted as I thought it would since December when rest of uk rallied. I get loads wrong though so its likely to double : )

[buying] 17/2/2020 10:15

I feel this is going to break through 150p at some point, thus doing its normal trading range

[nimbo1] 17/2/2020 09:20

I sold first thing turning my bad sale and re-entry into a profitable trade with the dip to 140. Hope it continues up for holders and would look to repurchase lower.

[tyranosaurus] 14/2/2020 18:01

Needs a good start to next week.

[rathlindri] 14/2/2020 16:53

Nice end the the week!

[nimbo1] 14/2/2020 14:28

Looking at the other property market participants (thinking WHR, segro and even regional Reit now - I know rr different sector) who have way less income security I see no reason why this isn't on a 5-10% premium!

[skinny] 14/2/2020 12:04

And that is a downgrade from their previous TP @195p !

[alter ego] 14/2/2020 11:57

RBC Capital Markets reiterates outperform with a target price of 180p.

How do they get to there?

[jonwig] 12/2/2020 12:48

17 March, according to the website.

[skinny] 12/2/2020 12:48

17th March.

[hugepants] 12/2/2020 12:46

results in a few weeks I believe?

[skinny] 12/2/2020 11:12

There probably is scope to trade these and perhaps I should have done so, but as I bought the bulk @100.95 in 2013 - I've been content to take the money.

[rathlindri] 12/2/2020 11:01

Patience has it's rewards!

[cheshire man] 12/2/2020 10:00

Adding to my holding @ 1.40 looking pdg now :-)

[purplepelmets] 06/2/2020 12:37

let's have another try

[nimbo1] 05/2/2020 09:27

why does a promising rally fizzle out? common behaviour at the bottom... sellers taking time to exhaust and then eventually new buyers will push price back up...thats the plan. : )

[jonwig] 05/2/2020 07:07

The RCF has been extended and their latest LTV was 29%. Interestingly they haven't made a purchase since May last year, and their last trading update hinted that prices aren't worth chasing. Hence their concentration on development, perhaps. In fact,

"Plans for selective Investment Asset disposals are already underway for the current year, with a view to recycling capital efficiently into the Company's development portfolio". [03/02.]

The implication would seem to be that they won't be in any hurry to raise new equity!

So why does a promising rally just fizzle out? Dunno.

[intelinvestor] 04/2/2020 22:44

im pretty sure they have like a 200 million revolving credit facility. They shouldn't need a placing. this was taking out on the 19th June 2019

'New £200 million unsecured revolving credit facility
17 June 2019
The Board of Directors of Tritax Big Box REIT plc (ticker: BBOX) is pleased to announce that the Company has entered into a new £200 million unsecured revolving credit facility (the “New Facility“) with a syndicate of its relationship lenders.
The New Facility has an initial maturity of five years and can be extended (subject to obtaining the consent of the lenders) by two further years to a maximum maturity of seven years. The New Facility also contains an uncommitted £100 million accordion option.'