Workspace Share Discussion Threads

[suetballs] 02/12/2021 09:10

It didn't last long.
Suet

[suetballs] 02/12/2021 08:22

Unexpected rise at open!
Suet

[its the oxman] 17/11/2021 08:12

Seems decent enough results as we transition back to the office. Seeing improved demand etc. Div to be paid and nav should improve with time.

[suetballs] 16/11/2021 12:30

Half year results tomorrow.
I expect to see further improvement and a decent dividend.
Suet

[hindsight] 27/10/2021 10:19

For what its worth, I added a few. Offices clearly have near term issues but the low LTV and flexibility they have should mean they see the other side

[suetballs] 22/10/2021 13:53

Because it is required to be under the relevant accounting standards - don't ask me which one!
Suet

[alotto] 22/10/2021 11:37

Gains on asset can't be monetised and paid out as dividends unless you strip the company of its asset. it is not cash, it is a figure that little matters to an investor. So why is it included in figures like profits. That should only be on the balance sheet but not feeding in the income or cash statement

[hawaly] 22/10/2021 11:05

Profit also includes realised gains on the property portfolio.

[alotto] 22/10/2021 10:50

I don't understand what a decline in asset value affects the profits of a company. In essence profits are revenue minus costs. Or am I missing something here?

[suetballs] 22/10/2021 09:37

The prospect of wfh again won't help sentiment here.
Please get jabbed and boosted and wear a face mask.
You know it makes sense!
Suet

[its the oxman] 10/10/2021 23:51

Is this what your referring to from last results...Loss before tax of GBP235.7m (2020: GBP72.5m profit), reflecting the fall in trading profit after interest, reduction in the property valuation and exceptional finance costs10% fall in property value was main hit but this should hopefully hold steady and then reverse in years ahead if economy recovers.

[alotto] 09/10/2021 15:11

I don't get how "property valuation" (minus 235m)could have dented the profit. I understand the asset value can decrease with a lower valuation, but profits? what had that to do with profits?
Can anyone explain please?

[its the oxman] 07/10/2021 09:53

Nice update today, deserving of a much higher price here but that's the market.

[its the oxman] 27/9/2021 11:13

Yes , obviously confident and experienced about Shoreditch as a location and price looks attractive.

[suetballs] 27/9/2021 10:32

The Old Dairy looks a good acquisition.
Suet

[its the oxman] 09/9/2021 16:08

Time to buy again sub 900p

[its the oxman] 19/8/2021 14:04

Yep. And still a long way to go here.

[suetballs] 18/8/2021 09:02

Looks like we're getting back to normal.
£10 beckons.
Suet

[its the oxman] 11/8/2021 09:45

Last nav c.940p. Be interesting to see if we can trade at a premium to it as in the past. Market is forward looking after all and economy is opening up.

[hindsight] 23/7/2021 16:08

Yes happy to wait, get a divi. Not full holding yet, but added quite few in recent 800p area weakness

[suetballs] 23/7/2021 13:17

This time next year rodders - if wfh continues to be popular and normal office space is less attractive wkp could become a takeover target. Compare this to digs (which also provides something different) which is currently under offer.
Suet

[hindsight] 23/7/2021 12:45

General weakness in 100% office reits today

[its the oxman] 23/7/2021 12:36

Bizarre , up on the update , then sold off today back to 830p.

[its the oxman] 22/7/2021 08:13

Decent update today, suggests to me we will hopefully see a further meaningful recovery in the share price over the next 12 months.

[its the oxman] 12/7/2021 22:28

Well maybe not all. But lots,