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Share Name Share Symbol Market Type Share ISIN Share Description
Urban Logistics Reit Plc LSE:SHED London Ordinary Share GB00BYV8MN78 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.75 0.44% 171.00 170.00 172.00 172.75 170.25 170.25 246,520 09:43:22
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 24.2 47.6 21.7 7.9 556

Urban Logistics Reit Share Discussion Threads

Showing 401 to 424 of 425 messages
Chat Pages: 17  16  15  14  13  12  11  10  9  8  7  6  Older
DateSubjectAuthorDiscuss
13/7/2021
10:20
If you look whats happening in the likes of BBOX, which has the benefit of increased size, liquidity and institutional investors then wholly reasonable. Not sure we are quite there yet but if this moves to the main list from aim as stated in the accounts as a medium term target, i would hope for a decent uplift. Particularly if they went for a qrly divi model at the same time.
dhoult12
13/7/2021
09:25
Its my personal belief the NAV here post dilution @ next results will be c.7-10% higher than the last reporting figure. So my target Nav is c.165-170p with a 5-10% premium as premiums seem in fashion for the moment. So a possible target of 1.80 ish over the next 6 months? Then I expect some flatlining for a bit. Seem reasonable?
nimbo1
09/7/2021
15:47
That's really good and thanks for sharing, first time using primary bid, when do you know what allocation you have and when are they credited to your broker?
stevesham
09/7/2021
15:40
ah good - I seem to remember the last placing not being oversubscribed, a lot can change in 18 months
nimbo1
09/7/2021
15:27
https://www.investegate.co.uk/urban-logistics-reit--shed-/rns/result-of-placing-and-primarybid-offer/202107091519148081E/ The Placing was materially oversubscribed above the £108 million target and a scaling back exercise in respect of the Placing was therefore carried out. A total of 65,870,766 Placing Shares (c.£102.1 million) in the Company have been conditionally placed by Singer Capital Markets, Panmure Gordon and Alvarium (the "Joint Bookrunners") with new and existing investors at an Issue Price of 155 pence per Ordinary Share. In addition, taking into account the strong demand from retail investors in the PrimaryBid Offer, a total of 4,000,000 PrimaryBid Shares (£6.2 million) in the Company have been conditionally placed by PrimaryBid at the Issue Price, being the maximum number of shares available in the PrimaryBid Offer. The Company values its retail investor base and welcomes 116 existing and 395 new shareholders who have invested via PrimaryBid in the PrimaryBid Offer.
cwa1
09/7/2021
15:21
price action here suggests a successful raise and price back at least at a 5-8% premium sometime next week imo...but ive been wrong before : )
nimbo1
01/7/2021
15:25
It’s not perfect just guessed the raise would be slightly above nav and move towards the price. I always have a core holding here and just trade around the edges. Worked so far but I bet this will be back into the 160’s post raise so I wouldn’t worry.
nimbo1
01/7/2021
11:33
nimbo1 should have done that myself sold at 164 then bought at the discount price. Smart move, missed that as new to this but know next time. GLA
charlie9038
30/6/2021
09:27
Or 5pm on 8 July 2021 on Primary Bid.
skinny
30/6/2021
09:26
Indeed, but they can be closed earlier(or later) at their discretion
cwa1
30/6/2021
09:25
Closwing date is 9 July. PB is same.
jonwig
30/6/2021
09:19
When Warehouse REIT did the placing in February, it managed to raise all fund within half a day. SHED will probably be able to raise the target funds well before the bookbuilding deadline.
clever
30/6/2021
09:10
I expect price will be back in the 160's v soon after this raise closes
nimbo1
30/6/2021
08:17
Short term loss, longer term gain.
charlie9038
30/6/2021
08:13
Shouldn’t be a surprise given they told us they were doing it!
nimbo1
30/6/2021
07:59
Small premium to nav exactly as we predicted and fund raise as signposted by company - will buy more either in the placing or open market to replace the 30% of holdings sold at 164.
nimbo1
30/6/2021
07:53
Equity raise at 155p to get £108m: https://www.investegate.co.uk/urban-logistics-reit--shed-/rns/proposed-equity-raise-to-raise-c.-108-million/202106300700065608D/ Also Primary bid element.
jonwig
21/6/2021
11:59
Online shopping boom drives rush for warehouse space.
skinny
17/6/2021
08:24
Ex divi day today. GLA
charlie9038
14/6/2021
10:25
There's another very good reason not to value property The whole lending culture in the US is income driven and there's often no LTV covenants It's the LTV covenants that are usually the killer - without them, for instance, BL wouldn't have made the charitable donation of Broadgate to Blackstone
williamcooper104
14/6/2021
10:23
Under US GAAP they would be forced to and that would show in the GAAP numbers but that's usually ignored - FFO and AFFO are non-GAAP industry standards The values are implied from the share price and FFO yields and that's compared to private market transactions - that's often looked at - usually to see if the REIT is trading at a premium and thus has a cost of capital advantage over private markets US REITs have on most time measures either kept to or outperformed the S&P (itself a better performer than any U.K. index) Whereas U.K. REITs have under performed the underperforming FTSE
williamcooper104
14/6/2021
10:17
Isn't that dangerous when you falling values, thinking shopping malls here... surely they are forced to revalue in those circumstances and take the loss to the P&L (if goes below purchase price) through the accounting rules?
dhoult12
14/6/2021
09:46
Unfortunately we in the UK have tended to have property companies in REIT tax wrappers - rather than actually REITs U.K. propcos are often just focused on NAV/red book values US REITs don't even bother revaluing their assets and our judged on income metrics (AFFO/FFO)
williamcooper104
14/6/2021
09:15
Excellent article, jonwig. Often too little attention is focused on operational and cost efficiency of REITs.
jombaston
Chat Pages: 17  16  15  14  13  12  11  10  9  8  7  6  Older
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