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Share Name Share Symbol Market Type Share ISIN Share Description
Unite Group Plc LSE:UTG London Ordinary Share GB0006928617 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  16.50 1.46% 1,149.50 1,146.50 1,147.50 1,152.50 1,122.50 1,122.50 373,234 16:35:01
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 215.6 -120.1 -31.8 - 4,586

Unite Share Discussion Threads

Showing 1376 to 1400 of 1400 messages
Chat Pages: 56  55  54  53  52  51  50  49  48  47  46  45  Older
DateSubjectAuthorDiscuss
12/7/2021
12:32
As in dividend yield
madengland_
12/7/2021
12:30
Thanks Maddox a very balanced and articulate reply to my very anodyne question. I believe as you do the long term value of this share is a good deal higher than current price, with mgt well positioned to grow the yield long term
madengland_
11/7/2021
13:52
FT: Landlords swap offices for student housing as pandemic hastens change 'Two moves by Blackstone — the sale of BNY Mellon’s London office in St Paul’s to Italian insurer Generali for £465m, sealed this week according to people familiar with the deal, and an approach to buy student housing operator GCP Student Living — are a sign of how landlords are repositioning their portfolios as the pandemic accelerates structural trends. Covid-19 has hastened the decline of two key commercial property sectors — retail and offices — and prompted landlords to pile into alternatives they believe will fare better. Top of their shopping list are: warehouses, supported by the ecommerce boom; rental flats and student housing, made attractive by home shortages and growing student populations across Europe; and life sciences campuses, buoyed by huge investment in research and development.'  hTtpS://www.ft.com/content/692b1317-51e8-4d18-acfb-cb5c6ca679bb
maddox
11/7/2021
11:58
Hi madengland, That's not something that I typically do - the share price will reflect a share's intrinsic value in the long-term but is determined by the market sentiment of buyers and sellers at any particular point in time. A point in time price prediction is beyond me. I'll thus reframe my answer to your question. I expect UTG to hit 1400p once it becomes clear that international students can return and teaching is back to normal. We have yet to see the full benefit of the Liberty acquisition reflected in the figures. As an asset class uncorrelated with the economy I foresee it becoming highly appealing to FIs.
maddox
10/7/2021
13:37
What's your year end price target Maddox?
madengland_
10/7/2021
08:40
Ahead of the half-year results, due on the 27 July, today we have the Quarterly Fund Valuation Report as at 30 June 21 for the two funds that Unite manages. These are in addition to Unite’s wholly owned student accommodation portfolio. The two funds are: USAF – Unite own 22% - like-for-like asset value increased 1.4% during the quarter; and LSAV – Unite own 50% - like-for-like asset value increased 1.9% during the quarter. Thus, we can expect to see a bounce-back in NAV as the sector returns to a semblance of normality. The bookings for 2021/22 at 83% are ahead of the 81% for this time last year but still behind the 89% of 2019. As Covid restrictions and travel ease up into the UK Unite anticipate a catch-up in bookings later in the Summer.
maddox
04/7/2021
10:52
Yes, interesting development - just picking some points out from the report suggests DIGS is undervalued. Mkt Cap Fridays' close at 169.2p is £769.89m yet their reported NAV for 31 March is 178.82p (updated release on 21 June) but DIGS state: 'The Company remains in discussions with the Consortium. However, following discussions with the Company's independent valuer, the Board is anticipating a material increase in its property valuation for the period to 30 June 2021.' The bid is being organised by large FIs using Scape as the vehicle, the firm that currently manages the property portfolio on DIGS behalf. It is possible that, if successful, the structure might more closely resemble UTG with off b/s funding and property/letting management, if they keep DIGS' stock market quote. We'll need to keep an eye on this. Either way, it highlights the attraction of this sector to large, sophisticated FIs.
maddox
03/7/2021
07:52
GCP Student Living reveals takeover approach by Scape Living and iQSA Holdcohttps://www.thetimes.co.uk/article/1b3a22b2-db62-11eb-8f14-0bb645f59db0?shareToken=c80613e7fb55317a4e1ea233f1f887c2
madengland_
18/6/2021
08:54
Yes, also with less office workers commuting into town centers student accommodation and spending should be all the more welcome. Not to mention that for hospitality and retail students' part-time labour may fill the short-fall.
maddox
18/6/2021
08:12
Encouraging to see business as usual. The strategy remains intact and being executed, with funds flowing as required. With all the cries for more affordable housing (with mass student accommodation easing appeal of HMO) in many of the cities Unite serve, and equally much office space becoming available, you'd imagine there is rich pickings for Unite
madengland_
18/6/2021
07:47
Unite have sold a couple of London properties for £342m to LSAV its joint venture fund . LSAV is 50:50 owned by Unite and GIC (the Singapore sovereign wealth fund)- a relationship that was extended for another ten years in May. This is a return to business as normal. Unite is selling wholly owned assets off its own balance sheet into its off-b/s fund, thus recycling £238m of capital to fund current developments, whilst retaining a 50% interest through the fund. It will continue to manage and let the property as part of the deal. The LSAV portfolio was valued on the 31 March at weighted average yield of 4.4%, whereas the £342 was at a sale price yield of 4%. This suggests that there has been further rise in London property values; we'll see in the next quarterly fund valuations.
maddox
15/6/2021
11:32
Lmao "Students also taking bold action in day-to-day life - 88% say they now limit air travel annually for environmental reasons"Until lockdown lifts! Lol
madengland_
23/5/2021
13:31
The Brokers Analysts opinions are gradually improving post the full year results and the more positive outlook: Strong Buy........3(1) Buy...............1(1) Neutral...........6(7) Sell..............0(0) Strong Sell.......1(1) ..................11(10) (brackets the figs captured 22 March) Source: Share.com Also, great to get the dividend (12.75p)on Friday.
maddox
13/5/2021
16:35
Certainly a nice top up opportunity, thanks to our Middle East friends ongoing inability to talk
madengland_
13/5/2021
09:12
"Don't you love a down day..." or two! Most welcome when you're trying to build a position :o)
speedsgh
11/5/2021
22:26
Don't you love a down day - so apparently it's as a result of a fear of inflation leading to rising interest rates. With the amount of debt the Govt has accumulated it is difficult to contemplate anything more than a marginal rise. The firms that are subject to adverse inflationary effects are those with rising input prices but without the pricing power to pass on the increased costs in their own prices. So, nothing much to worry about IMHO.
maddox
11/5/2021
21:10
Well, I finally took the bull by the horns late this pm and added to my starter position at just under 1128p. No idea what the share price will do in the short term but content to keep my eyes fixed firmly on the horizon. Just hope I haven't broken the bull!
speedsgh
11/5/2021
20:43
So we have a buying-in opportunity
maddox
11/5/2021
17:48
Markets down ....inflation fears!!
bothdavis
11/5/2021
13:38
1,146.50 -2.67% (-31.50) ??
thufirhawat
11/5/2021
11:11
Whats up with the price today? 1,149.50 -2.42% (-28.50)
thufirhawat
06/5/2021
22:07
Hi speedsgh, I am not a chartist but take a look at the Dow 3 year chart, then take a look at this. I appreciate there is no comparison but..... I still think there is a great deal of value to be had here. In many respects the business is even stronger than it was pre pandemics
madengland_
06/5/2021
14:20
Hi speedsgh, Thank you for your kind remarks. There is really no easy answer to that feeling of 'missing the boat' it is a classic psychological challenge - buying in at higher prices. Pound Cost Averaging making a series of smaller investments is probably the best strategy as well as taking advantage of any dips. In the long run hopefully a few percent here or there won't be significant. Cheers Maddox
maddox
05/5/2021
16:49
Hi Maddox. UTG had been on my radar/watchlist for a long time but it's thanks to you and your excellent StockSlam presentation from Feb this year that pushed me into pulling my finger out and doing some hard research. So I owe you one but only a small one at this stage due to the limited size of my position :o) With hindsight, yes, I probably should have been bolder when I first attained a better understanding of the investment case here but the share price had already started running uphill and, being the ultra cautious type, I held off which, to date, has merely been to my cost. Que sera. As I say, if I have missed the boat, I will not lose sleep over it. There are always opportunities elsewhere and there will doubtless be further opportunities here as well at some point in the future [said in hope more than confidence!] ATB
speedsgh
05/5/2021
10:53
Hiya speedsgh, Yes, great announcement and good to see the performance fees quantified at 'approximately £20-30 million (5-8 pence per share), to be recognised in 2021' and paid in cash 4Q. The other welcome comment is the intention of CIG/UTG to look for further acquisitions. This is built upon their successful acquisition of Aston Uni's campus accommodation. This gives he green light and financial fire power for Unite to source similar deals. Unite is uniquely well placed through its capital structure in comparison with ESP and DIGS etc. Their exemplary management of the Covid-19 challenge has enhanced their already excellent reputation and makes them the default choice for University deals. Good luck speedsgh with your scaling-in - timing the market is always a challenge. Regards Maddox
maddox
Chat Pages: 56  55  54  53  52  51  50  49  48  47  46  45  Older
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