It looks you can sell but not buy currently.
"This stock is currently unavailable to buy. Regulation requires HL to display information about costs and charges, but we don’t have access to this information at the moment. You can hold or sell any existing shares, but you can't currently buy more. We're sorry for any inconvenience."
I thought that this was sorted for SHED in July. |
SHED not available to buy on HL. today .... is it just HL or same issue on other platforms? |
Good asset management, buys add to earnings, surprised no API assets purchased |
Given up some cheap debt early and locking in higher debt as IR maybe turning may not be the smartest move but acquisitions at reasonable yield. |
 Urban Logistics (LON: SHED), the only London listed REIT offering a focused exposure to single-let, last mile/last touch logistics real estate, announces that it has successfully implemented a refinancing of its existing £151 million debt facility and immediately deployed the majority of the net refinancing proceeds into a number of highly attractive acquisitions:
· Refinancing of existing £100 million term loan and £51 million revolving credit facility with a £140 million term loan and a £50 million revolving credit facility
· Attractive fixed rate of 4.48% until August 2025 and 4.98% until maturity in 2027
· Deployed the net proceeds of the refinancing into four high quality assets for a total purchase price of £42.2 million at a blended NIY of 6.6%
· Spread between acquisition NIY and cost of debt provides immediate EPS accretion
· Potential for further income and total return enhancement through identified asset management initiatives
· Small increase in pro forma LTV to 32.6% leaving the company modestly geared and with the benefit of 100% fixed rate or hedged facilities |
Taken out looms imv, however Not at NAV. |
Must be on the radar of LMP or SEGRO once they've digested there latest acquisitions although I would prefer to see them merge with one of the other mid players like SREI |
SHED has not participated in recent REIT rally. NAV 1.60, share price should be about 1.40. Lack of news & externally managed holding share price back. |
Back down towards my buy price.
This sector is not immune to wider macro weakness though. |
True - give me choppy any day.
Hopefully the US has finally, finally, finally rolled over, but we'll see - such an epic bubble, gone on for so long. |
Added a small amount if LMP today,
I'm hoping for a bit more market volatility to throw up opportunities.
Much more challenging if about everything is going up - unless you are looking to sell. |
Industrial is still the place to be. I aim to get back in lower than whenever you buy @EI ;)
Quite a few interesting things again on this dip. |
Not too far from my buying zone, I underestimated the recent upside move - helped by stronger markets. |
Showing a bit more resilience today, undervalued imo,in right sector, NAV over £1.60, low Capex, 6% dy, will receive a chunky dividend soon so can buy more. Others in this sector selling at NAV SRE, LMP. |
Closed off the last two trading positions.
Markets so strong atm it makes opportunities a bit more challenging. |
LMP continues to sell well and I remain convinced SHED will be bid for within 18 months - unless we trade close to NAV by then.
Sold a few this morning and hoping to add some back on a weaker market day. |
I traded Hansteen frequently back in the day, sadly no longer an option.
I notice PHP and Assura selling off before the close. |
Ha true - you're only as good as your last trade ;)
But hopefully if/when it goes wrong, you'll have had more than enough winners before it. |
Soec, ut works until it doesn't!!. |
@EI, I think you may be the SHED whisperer ;)
Well done. |
I sold a few at £1.205 at the open which I've now bought back.
I'm not sure why this moves around so much. |
* Make that today!
Intend to sell some tomorrow, price depending. |
Hopefully Above £1.20 on Friday.
MXC should get a nice upwards shove on a decisive result. |
I'm hoping for a move back to £1.20 onwards post GE.
SHED can suprise though and I did not see under £1.08 being available just a few weeks back. |
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