Tritax Eurobox Share Discussion Threads

[1knocker] 14/11/2024 19:23

Damn glad I sold out at 71 and a bit.
Bird in the hand and all that.

[stargazerspark] 12/11/2024 10:51

Will the large holders vote in favour of 69p or demand more?
Quite a lot have traded above so feels like the meeting will fail if they don’t throw at least 3p on the table.
It’s hard to understand why the board don’t speak to investors. The initial segro deal only had the backing of the directors shares.

Professional advisors doing well in any case…

[wshak] 12/11/2024 09:25

I'm surprised Brookfield did a deal with Segro, unless they were genuinely unbothered with the German assets concerned.

Segro's share price has been in the toilet as the market was nervous that they would overpay.

As it is, it looks like the lions and the hyenas have become besties and decided to share the meal.

Quite clever, really.

[williamcooper104] 12/11/2024 09:03

Total stitch up That's always a risk with public auctions

[holts] 12/11/2024 08:34

Was my first thought also .

[spectoacc] 12/11/2024 08:09

Looks a bit of a stitch-up.

[betman] 22/10/2024 08:56

essential - I totally agree with your logic. If SGRO did bid again their share price could dip temporarily

I have sold my EBOX as per Raj comments. I have put some of the proceeds in Greencoat UK wind, a different sort of infrastructure but a nice 7.9% divi yield

[essentialinvestor] 21/10/2024 13:27

I'm very tempted to add Segro near current levels, but uncertain whether there's something to come in the budget that impacts UK commercial property in some way.

[raj k] 21/10/2024 12:46

Have dedicded to sell out at a shade over 71p. The uncertainity over whether SEGRO will come back with a counter offer and the limited upside. I think there are other opportunities in the PE sector for example.

[stargazerspark] 19/10/2024 09:59

I’ve not seen a date for the vote on Brookfield, which would set a deadline.

Suspect there’s still some wrangling on price given the trading volumes above the Brookfield offer level.

[raj k] 19/10/2024 09:19

Is there a deadline by when SEGRO need to come back with a counterbid?

[williamcooper104] 15/10/2024 22:36

No question we've screwed up energy policy

[betman] 15/10/2024 08:57

Is there any indication that SGRO may come back with a higher offer ?

[houseofpain1] 11/10/2024 07:35

@skyship full disclosure, I sold at 71.5p early yesterday. This doesn't look to me like a "must do" deal for Segro so I'm not convinced they will come back...Even if they do, my feeling is that the ultimate price isn't going to be much above where I sold yesterday so having made c50% in under a year, I preferred to take the win rather than hang around to see if there might be a penny or two more on offer. All guesswork as ever! GLA!

[williamcooper104] 10/10/2024 18:30

As in whatever might think of Trump and what he'll do to the US and the rest of us

[williamcooper104] 10/10/2024 18:30

I think a Trump win (whatever you might think) causes SPY to pop But it won't be good for sentiment on renewables - even though with Texas being all in on solar, and it being very hard to repeal things in congress, nothings likely to change

[chucko1] 10/10/2024 17:57

On Trump and sentiment, this was the narrative 8 years ago. The DOW made serious gains thereafter, whether irrational or not.

Politics and markets have no clear trend/correlation/autocorrelation, by any study I have read. The only correlation I put trust in is that of earthquakes and markets. Positive!!

[williamcooper104] 10/10/2024 16:52

Post ROOF, USF is being primed for a sale, having not been able to achieve one in a higher rate environment If Trump wins it won't effect operational US solar; but will likely be negative on sentiment if it's bought out at the same c11 discount rate that ROOF traded for there ought to be c25% capital gain upside

[skinny] 10/10/2024 16:05

SpectoAcc - your last paragraph sums it up - even though I have a shopping list...

[hpcg] 10/10/2024 16:04

Netanyahu will not be bombing any oil facilities if he wants any US assistance with missile attacks. That goes for whomever is president now or in January. I take his words to mean something directed at specific people rather than infrastructure in the country.

[spectoacc] 10/10/2024 15:56

There's a few on the horizon I'd suggest, without talking own book *too* much.

SUPR, TRIG, NESF and other recent fallers all look interesting, albeit Netanyahu seems highly unlikely to miss this opportunity to bomb Iran. Perhaps the nuclear facilities, perhaps just the domestic oil terminals. But neither going to be conducive to settled markets.

Or put another way - some things look decidedly cheap, but will probably get cheaper. RR's Budget might be worth getting out the way first too.

[williamcooper104] 10/10/2024 15:53

SGRO should have raised equity for this, if BL can then they certainly can

[skinny] 10/10/2024 15:53

I sold out nearly a month ago @73p and am still looking for a new home.

[spectoacc] 10/10/2024 15:47

Fair point.

Market says counter-bid coming, but who knows - I'm all out, now the very obvious Brookfield bid is in.