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For nearly £41 million.
Hopefully they will use some of the proceeds for a share buyback or tender offer.
Current market cap of £340 million is way below NAV
Nice move up at the moment today
At about 82.5p
Now well below the divi to be paid.
Another top up after today's drop. I guess inflation not dropping as expected has put interest rates falls on the back burner.
Personally I don't think it was that bad hence the top up.
Just topped these up after selling some EPIC.
It was a bit of a last minute buy from a panic sell
Good move up today - still at a ridiculously low level as measured against net asset value
Some more at a bit over 89p.
am I the only one on here buying still?
CLS were purchasing shares from shareholders at 250p per share just over a year ago.
Current share price is way below NAV
A bit more at about 97.5p
A bit more at a little over 103p
Nice dividend, if you can ignore secular downtrend on the 5 year chart. Recent 5 year low, sp. CLS, require to close above 110.2 today to confirm a price pivot break. The sector chart has already done a recent bullish pivot break. Honestly, if interested in investing in the sector, CLS, looks like a gamble, and is seriously weak , compared with the sector chart.
At under 123p
Another big buy RNS today
Another big purchase , £2,000,000
Some nice buying happening today
Declared Per share: 5.35p
Time to load for a nice dividend payment.
nows the time to buy, they are sat on a great property portfolio
Good purchases. Today's BoE statement (re:shallow) recession helped most REITs. To see why the government and BoE are pretty confident about this improved outlook, check two charts - UK MoM inflation and UK Natural Gas price. The Month on Month inflation figures look to be declining steadily apart from jumps in April 22 and October 22 when utility price rises happened. The Natural gas price is less than 60% of the price when Putin rolled into Ukraine so there is no reason to expect the same sized inflation jumps this year. An April 23 utility price jump will only happen because of the forward purchases that utility companies make and a weak government regulator. By end of 23, expect annual inflation to be around 5%. So 'buy on dips' may be a good strategy this year.
Very pleased with my recent purchases that I considered to be at bargain basement levels. Still at a low market valuation.
''made significant buys ''
I imagine they thought purchasing each £2 for less than £1 made sense
some more at just under 136p
The corporate action for the tender regarding excess shares states that after scaling back " 2.75 percent of their excess elections satisfied."
Good that they are buying this low down but, to be fair, most of it is money they made from selling into the tender offer much higher up.
Following the epic fail of the recent tender intended to shrink the gap between the share price (then 210p) and the most recently published 'Statutory NAV' (329p) ..
A collection of directors including the CFO have put their money where their mouth is / made significant buys at an average of 145p
Bengt Mortstedt £295,200
Fredrik Widlund £ 64,459
Andrew Kirkman £153,804
If the share price even only recovered to where it was when the tender was offered this would be a decent uplift. DYOR.