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Last post: Jaxonsax, 23 May 2024 10:13
Looking interesting. Lets hope its a fair fight and not a growthpoint stitch up
Could also explain why Lawrence jumped ship
Started: MaryBr190, 8 Mar 2024 09:41
Last post: Heroric, 23 Apr 2024 12:19
Dividend is fantastic and seems very stable. Looking at trades, there are many small buys so guess people are investing set amounts on a monthly basis. I put in a lump to enjoy the dividend, but also decided to set up a monthly top up especially at this price level.I see it as a kind of savings account, but with an amazing interest rate!
This stock I like just like a up tick in price
Any views?
Started: tickhilltim, 19 May 2022 09:42
Last post: radar, 22 Dec 2022 08:44
I’d say 35 / 40p is more realistic.
How could it get back to 200p? NAV is 118p and since it was 200p there has been massive dilution from share issues
The divi might help to pull us back up. 80p might be a realistic target looking at other REits with similar profiles of NAV discount and LTV
Great to see patient investors being rewarded. I cannot believe this is not back to ~200p yet. A screaming buy given it has recovered 97% rents and in black.
anyone knows what's precisely happening with the dividend?
Impressive RNS today.Taking huge advantage of non- recourse finance to cram down lenders.Business should be completely restructured this year .And the return of dividends.Good to see the consortium partner putting in cash,albeit on a loan basis.
Started: jimmyriddle7, 7 Jun 2022 14:35
Last post: LondonMarket, 8 Jun 2022 17:20
It is confirmed (https://www.lutontoday.co.uk/news/people/luton-mall-owners-plan-sale-of-shopping-centre-for-ps81m-3723325).
Primarily due to a failed bid to halt new developments just outside of the town, just off of M1 Junction 10.
They have also listed their Hemel Hempsted property as held for sale.
Is there any truth in the rumour that this company is looking to leave Luton?
I can only hope it is true.
Started: Hulvard, 5 Nov 2021 17:20
Last post: Sadanby001, 5 Nov 2021 21:52
I am into this stock for the long term I just hope the board can turn this stock around
Hi everyone, I see that the shares from the Open Offer, are in my account today. Having looked at this overall, with the debt cut being a positive move from C&R, I bought some extra shares yesterday, in the hope that this company can now go forwards. I had a much bigger holding in the past, which was mullered by the 10 shares for 1, share consolidation, but if all goes well, am certainly prepared to buy some more of their shares in the near future. Would welcome your thoughts please? BW’s. Hulvard.
Started: RS2002, 18 Oct 2021 18:14
Last post: Sadanby001, 29 Oct 2021 00:11
I don’t see any good in this stock in the short term holding long hope it will turn around
Great news for retail in malls and stores and brokers should welcome this news, too.
British Finance Minister Rishi Sunak is stepping up plans for an online sales tax. This will hit Amazon, Boohoo and other online sellers. This should level the playing field a little and I believe will encourage retailers not to abandon their retail presence.
Source: https://www.reuters.com/world/uk/uk-treasury-prepares-launch-online-sales-tax-telegraph-2021-10-17/
Started: tickhilltim, 14 Oct 2021 11:03
Last post: RS2002, 14 Oct 2021 11:42
Agree, Hammerson did something very similar and drove down their LTV level against their property estate.
Long term, they should have a more favourable rate and I wouldn't be surprised if the move from lenders in someway helps with their hybrid strategy. It's possible RBS or the earlier lender may have been against working to achieve these strategic goals.
A return to dividend for H2 2022 is also encouraging news for shareholders.
Onwards and upwards.
Great announcement today.Cutting debt to 50% .Still too high but much more manageable.Big bonuses for the top two in 2023.CorePortfolio NAV only marginally down at 30 Sep.Share offer at 56p. Pretty close to market level.
Last post: Morgan22, 13 Oct 2021 10:55
Thanks RS .. let's hope you're right .. hoping for a switch of the downward curve sooner rather than later, really don't want to see this drop to 40p
Don't worry chaps. I've been invested for over 12 months, my entry was 40p and whilst I saw 90p+ and didn't take it, I'm staying put.
1. Footfall to offices is returning but the large expoure with CAL is their retail malls and in particular supermarket tenants like Aldi/Lidl I believe
2. The recent collaboration with the Hong Kong Property developer will look at hybrid models such as retail and residential developments. It's no secret that Hammerson has submitted plans to convert their former Leicester store into ~330 flats with a new commerical ground floor space. What is stopping CAL submitting the same?
Source: https://planning.leicester.gov.uk/Disclaimer?returnUrl=%2FPlanning%2FDisplay%2F20210461
3. As Christmas approaches we will see retail and panic buying set in which should see positive footfall.
4. 90% occupancy from their tenants and 83% of which rent received at last reporting period
5. ~£0.5bn property portfolio which put their Net Asset Value at ~100-120p alone - This will increase as property prices go up and they open the doors to a hybrid model with their Hong Kong partner, Far East Consortium International.
Source: https://www.business-live.co.uk/commercial-property/shopping-centres-owner-capital--21526318
Whilst I've seen a lot of profit slip, I don't mind if this slips further and selfishly, I hope it does - if it gets to 40p, I shall be throwing the kitchen sink at it.
A lot of savvy investors are realising that bricks and mortar still have life in them, beyond office and commerical application - hybrid is the key here and this is an exciting opportunity for CAL.
Good luck, investors.
Thanks good to hear I'm not alone..
I am like you in at over 80 I look at this as a long term hold
All.. can anyone advise where this might end up.. I'm in at 87p and watching it drop everyday is painful .. don't want to sell tho as knowing my luck will rise .. thanks
Started: sain@vision, 9 Sep 2021 08:17
Last post: tickhilltim, 9 Sep 2021 10:46
Company is a total mess.Farcical tax position on dividends.Hemel and Luton will be cut loose.It would be criminal to invest any money in the latter.Buyer of bank debt will take over Hemel.What point in bringing in FEC unless they bring a pile of cash to the table.Ordinary shareholders likely to be squeezed out? Going Concern statement interesting.
LTVs worryingly high .
They have kicked the can down the road on covenant waiver on Luton to Jan 2022 but what are they going to be able to do to bring that back under control
You can't make a silk purse out of a sow's ear
Started: Freedom4Uall, 27 Jul 2021 18:54
Last post: Freedom4Uall, 27 Jul 2021 18:54
What was the total asset write down for 2020,what caused the 181 m op loss even with a 72 m revenue?
Last post: Sadanby001, 3 May 2021 15:49
I am looking to invest in this stock but a big buying and selling price anybody tell me why
Hi, dont know seems alot doesnt it? its up and down like a yoyo but should slowly gain now its all open again mostly
Hi guys, I’ve been watching this for a short while and the spread is around 6p, is this the norm for CAL?
Started: Roxanne123, 29 Mar 2021 19:09
Last post: Morgan22, 29 Mar 2021 22:23
Why?
Buy buy buy
Started: Morgan22, 27 Mar 2021 14:40
Last post: Morgan22, 27 Mar 2021 14:40
Would appreciate people's thoughts on where this might go in the next 2-3yrs? Charts imply it was northwards of £2 a couple of years back.. cheers
Started: Morgan22, 18 Mar 2021 09:19
Last post: Morgan22, 23 Mar 2021 21:23
Thanks dacorum.. any thought on where this might go in the next 2-3 yes?
It should probably retrace a bit in line with some of the other industry leaders...5 point spread as well...
https://www.google.com/amp/s/simplywall.st/stocks/gb/real-estate/lse-hmso/hammerson-shares/news/analysts-have-just-cut-their-hammerson-plc-lonhmso-revenue-e/amp
Hi.. new to this one.. just bought 2.5k worth shares this morning.. what's people views on how this could shape up over the short to medium term? I'm thinking with the worst of covid over and shops reopening this could potentially one day rise back to the £2 marker?
Started: Roxanne123, 16 Mar 2021 21:06
Last post: Roxanne123, 16 Mar 2021 21:06
To the moon
Started: RS2002, 17 Dec 2020 07:32
Last post: RS2002, 11 Mar 2021 08:48
Good old tree shake, yesterday but pleased to see the fundamentals shining through and taking this back up.
Intrigued more about the smart hub business with pop-up services utilising car parks; they would also respect social distance as well, with the Deliveroo IPO coming, I can really see more start-up kitchens appearing in these allotments and Capital is well placed with REEF technologies to advance with this.
Sp being walked down nicely today. Can't really be the market sentiment with volume at this level.
Waivers have been obtained on all facilities for Q1 2021 covenants and ongoing discussions for more relaxations puts me as a sharedholder at ease. Couple this with the 80% of net rents received for 2020 and £80m liqudidity, I don't see this at low to medium risk, let alone high-risk.
The market is doing the talking at the moment and with Hammerson moving in the right direction, the Chancellor giving his backing for retail/high-street and extended furlough, market makers are recongising value here.
I'm on the train to 150p+
This seems very high risk;
Net debt to property value has gone from 46% in 2019 to 65% in 2020.
Hey Chris - what a stonker of an update from Mr Hutchings (CEO) this morning.
- 80% of 2020 rent collected which is remarkable in light of the pandemic and lockdowns. This does make sense when you establish that Cap & Reg have a lot of exposure to supermarket who have been doing very well for essentials.
- £80m cash on the balance sheet with £60m available immedietely so more than sufficient liquidity
- Net Asset Value (NAV) share price of 150-158p based on current performance reveals this significantly oversold and due a rapid recovery. As I write this the share price is surging to 100p and totally expected.
- Emerging partnership with REEF technology to utilise idle car parks for smart mix use hubs which is going to be very lucrative. Think Amazon locker boxes for collection and other logistical tools and resources. ctric bike and scooter rental companies, on-demand aviation businesses and peer-to-peer car rentals. In addition micro fulfillment centers and is creating rideshare car buffering zones that reduce congestion, where drivers can also access services like car detailing and maintenance within the hub. A very shrewd move when you consider REEF are the largest parking operator in North America. I also understand pop-up kitchens will emerge - think Deliveroo or other logistics
- Residential project progressing. London Waltham Forest Council’s planning committee approved plans to demolish part of The Mall shopping centre in Walthamstow and build 538 new homes. Combine that with the commerical stores and you have a completely regenerated region of London which is going to be very lucrative.
I can see this going to 150p+ very quickly
Started: RS2002, 23 Dec 2020 14:28
Last post: RS2002, 24 Dec 2020 03:42
I’m sitting tight to 150p+
With no immediate liquidity issues, 75% rents being received and a lot of exposure to supermarkets like Lidl and pharmacies such as Boots and Superdrug, I see Capital and Regional in a stronger position over other commercial landlords.
I am also looking forward to reading more about their collaboration with the NHS, these new health centres would be ideal to roll out the AstraZeneca vaccine when it is approved 28/29 December for use. Not to go off piste but that particular vaccine can be stored and regular 5c refrigeration compared to the -70 to -80c Pfizer and Moderna need.
Strong buy from me.
I'm selling 75% of my holding @95-100%+ profit. It was a small punt anyway. Letting the profit do it's thing. Surprised the BB is not overblown.
Black Crane Asia Pacific Opportunities fund is now the third biggest shareholder in Capital & Regional after gradually increasing its stake during the pandemic.
The share price is significantly oversold and savvy investors are realising that it represents fantastic value in a staple of recovery plays.
Source: https://www.thetimes.co.uk/article/a-slippery-slope-not-for-capital-amp-regional-investor-f8kqg9vrz
Started: Freedom4Uall, 7 Dec 2020 13:38
Last post: Freedom4Uall, 7 Dec 2020 13:38
Does anyone know what caused the 97m op loss in 2019 and then 5m loss in 2018?
Started: RS2002, 20 Nov 2020 10:57
Last post: RS2002, 20 Nov 2020 10:57
Interesting article in the Guardian today on the need to mobilse 42 sites for vacciniation centres.
Source: https://www.theguardian.com/world/2020/nov/20/nhs-prepares-dozens-of-covid-mass-vaccination-centres-around-england
Am I stretching when we should consider Cap Reg have an opportunity to fulfill or at least partake in these?
Cap Reg have delivered some commmunity hubs and centres for the NHS.
Source: https://capreg.com/about-us/responsible-business/case-studies/the-mall-luton/
Source: https://capreg.com/media/3215/2020-interim-results-presentation-final.pdf (slide 23)
- We are in advanced discussions with the NHS to open a 20,000sq. ft. healthcare centre at Exchange, Ilford
- Interest in developing similar concepts at three of our other centres
What are these similar concepts at three of the other centres? Could these be the vaccine centres/multi-purpose?
Food for thought but I think Capital Regional could be a front runner fo this initiative...
Started: Greeno, 15 Oct 2020 10:01
Last post: Greeno, 16 Oct 2020 12:39
Sold some at 48p yesterday buy back at 38p today
Lovely
bad mkt day today - shoudl head over 60p by next week. too low here now following this very positive update , 505 of rents being paid and they have £80M cash and new developments approved.
Ive been topping up in the 30s so NICE bounce today
Started: BuilderPete, 15 Oct 2020 09:53
Last post: BuilderPete, 15 Oct 2020 09:53
Have sold most of my holding here .
But of interest is the £81 m cash and planning for 538 residential units and no debt repayable until 2023 .
Won’t buy back in as moved on to other REITs.
Think this is one of ST shares so look out for his update later.
Started: BuilderPete, 24 Sep 2020 10:09
Last post: Riskass, 29 Sep 2020 14:22
Did you sell?
Worst share have had in the last 2 years period.
Started: Kay-Trading, 24 Sep 2020 10:14
Last post: Kay-Trading, 24 Sep 2020 10:14
70% up?
Started: hansthedude, 3 Jun 2020 10:38
Last post: Jaxonsax, 16 Sep 2020 13:06
doesnt apply if held in an ISA or SIPP you get the full divi
Just to inform all as I didn’t see it mentioned here yet -
If you read the financial report regarding the dividend that was published by CAL - in reality the dividend for UK investors is 8.8p as there is a “20% withholding tax”, if I am mistaken - then it’s more pleasantries than surprises - but this is what I understood from their statement.
Example of earnings :
At 130p - £1000 investment would grant you ~£67
Still a solid 6.7% even with 8.8p tho ??
Results COVID considering