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Share Name Share Symbol Market Type Share ISIN Share Description
Tritax Big Box Reit Plc LSE:BBOX London Ordinary Share GB00BG49KP99 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.60 -0.37% 162.20 162.00 162.10 164.10 161.70 163.20 4,951,842 15:35:07
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment Trusts 144.3 141.2 8.4 19.3 2,769

Tritax Big Box Reit Share Discussion Threads

Showing 1201 to 1223 of 1425 messages
Chat Pages: 57  56  55  54  53  52  51  50  49  48  47  46  Older
DateSubjectAuthorDiscuss
17/3/2020
10:21
For the nothing it is worth I've taken a few.
cwa1
17/3/2020
10:21
Good summary belgravia boy. Did they say that the demolition at littlebrook has added 47% value to the land. Also that they'd pre-booked large power allocation at the site (broadening use spread and making it more attractive)
muzmanoz
17/3/2020
10:12
From the 9am call they confirmed: £130m of comitted spend which takes LTV to 32% No significant debt maturities until 2024 Littlebrook demolition scheduled to complete next month No further small unit spec development Planning consent recieved for 8 sites across the country They continually emphasised that future development would continue on a pre-let basis Valuer confirmed yesterday that his view had not changed since year end
belgraviaboy
17/3/2020
10:09
STOCKWATCH UK @StockwatchUK ยท 12m TRITAX... impressive conf call,level of details. Slide deck gives all. Valuers say Dec values remain relevant. YE151p nav . Divi target of 7p,covered. Income projections done. Self funding its futures with av £150m sales, no spec units, prelet only. >500ksqst in good demand.
cheshire man
17/3/2020
10:07
Planning consent achieved for 2.6 million sq ft across Strategic Land sites. -- 3.2 million sq ft of logistics assets under construction, of which 92% is pre-let. -- Near-term development pipeline of 11.5 million sq ft (45% with planning consent as at 31 December 2019), with gross rental income potential of c.GBP65 million. Don't get me wrong, they are doing well, but the guys in "the market" don't understand property and have assumed since the purchase they have changed from an invcestment company into a developer. Hey ho - don't shoot the messenger.
johnrxx99
17/3/2020
10:01
Re the smaller unit stuff which is more speculative (and limited to 5% of the portfolio) they have confirmed they are not doing any more until the existing stuff is shifted
belgraviaboy
17/3/2020
09:59
Nope, not the recent stuff. Check the news
johnrxx99
17/3/2020
09:49
johnrxx99 - it is not speculative, it is on pre-let sites
belgraviaboy
17/3/2020
09:25
Top 5 customers by portfolio income: Amazon 13.1% Morrisons 6.8% Howdens 5.2% Co-op 4.8% Tesco 4.3%
muzmanoz
17/3/2020
09:25
Sorry guys and gals but as I mentioned a while ago, specualtive devlopment! I remember the 70's, 80's and 90's.
johnrxx99
17/3/2020
09:04
The two Stobart companies are a worry and Stobart Group has issued a statement today which basically says they haven't enough information to say anything at all. Potential voids there, I guess. Total acquisition cost of these was £106m. There's also the four development projects, total cost £366m. Sunk cost, I don't know. I'm not seeing these as negatives but some people will be, and these results and comments will have been written before last night's rather strong statements from the government.
jonwig
17/3/2020
09:02
Remarkable fall. I can only guess that it is the increasing debt and talk of further development activity that is spooking people. That said, 30% LTV is hardly extreme. The revenue should be more than enough to cover ongoing costs. Even if half their tenants go bust and they lost half their revenue they would still be making a operating profit
pimsim
17/3/2020
09:00
I have dialled in - if anything interesting comes up I will try and post it
belgraviaboy
17/3/2020
08:55
I guess tenant default risk and CVAs in the retail sector. Listed as a moderate risk in the report that has increased since last year. The company limits its exposure to individual clients (30% for ftse 100 clients, 20% outside ftse 100)
muzmanoz
17/3/2020
08:54
fear outweighing greed at the moment. Forced sales to meet fund redemptions create a vicious circle. So long as some people think it's time to buy, we haven't reached "capitulation" so it's not yet the bottom. Just my opinion - I'm as bemused as the next man.
alter ego
17/3/2020
08:54
Anyone dialling in the 9am call?
belgraviaboy
17/3/2020
08:54
Well something seems to think they are going bust !! Yield 8.75%
belgraviaboy
17/3/2020
08:53
Bought in just over 80p. Just a small amount for now given how quickly it's dropping, but been following for a while and looks like good long term value.
1nf3rn0
17/3/2020
08:50
The sector is selling off (again) but this seems totally overdone to me... Still watching!
outlawinvestor
17/3/2020
08:46
Is the market being completely irrational or is there something in the results that we are all missing? Current offer 83.4p = 8.4% forward yield
speedsgh
17/3/2020
08:43
The following going concern statement is forward looking and they state that they are not aware of any material uncertainties (presumably including Covid-19) that may casy significant doubt upon Group's ability to continue as a going concern. "At the year-end date the Group's loan to value ratio stood at 30.4%, with an average maturity term of approximately 7.5 years. In respect of the loan to value covenant testing, the LTV default position is set at a minimum of 60% across certain Group loan facilities. There is currently significant headroom across all Group loan facilities in respect of financial covenants, while the Group has been compliant with each loan facility during the year and following the year end. The Directors have assessed the Group's ability to continue as a going concern and are satisfied that the Group has the resources to continue in business for at least 12 months from the date of approval of these financial statements. Furthermore, the Directors are not aware of any material uncertainties that may cast significant doubt upon Group's ability to continue as a going concern."
speedsgh
17/3/2020
08:41
Seen somewhere, Amazon are taking on more people to cope with the increase in deliveries (and raising wages)
lilly 01
17/3/2020
08:33
Head scratching time!
lilly 01
Chat Pages: 57  56  55  54  53  52  51  50  49  48  47  46  Older
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