Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Pretty healthy with just issues on capital valuation looking messy. Social Distancing will need more space though working from home will reduce demand, but even stuff like tracing of the sick need space. I see it back at 120 in 6 months.
Final Results tomorrow. Whats everyones thoughts?
any reason?
The German situation is getting clearer, they are opening for business, if anything they will need more space for social distancing. I'm stepping back in with small deal
Today’s update from Sirius points to a German commercial property market in a healthier state than its UK counterpart.
“The collection of rent and service charge income for the month of April 2020 has remained relatively robust with over 75% of billing collected by working day 7 (9 April 2020), representing circa 90% of the normal working pattern”.
Taking a look at the UK commercial property sector. Intu received some 29% of the rent due for Q2 2020 (Q2 2019: 77%). Hammerson received 37% of UK rent billed for Q2 2020. Landsec received 65% for Q2 2020 (2019: 96%).
Yes, comparing apples with apples is ideal. But the above seems to indicate that, thus far, Germany appears to be weathering the COVID-19 storm better than the UK. The one concern I do have is that Germany has an export-led economy (Hugely benefiting from the Euro) and so will be hit by the problems besetting its trading partners.
I no longer hold the stock, however, I am certainly still interested. But I will only really be tempted when there is greater economic clarity.
me too, it seems to get clients in the middle market and the larger end of the market if they are developing interesting project, the core of the German miracle, I also hold TRY for similar positioning
A small point but something worth mentioning. At today's webinar, covering its interim results, the company made clear that it avoided the German automobile sector. Sure, it was interested in renting space to companies at the more futuristic end of the car market, such as those involved in autonomous driving but it appears to be avoiding the more commoditised side. Given the size and importance of the industry to the German economy, I would suggest that this is not an unimportant factor.
As for its outlook, it does not seem to be experiencing a decline in enquiries, something that it believes is a good indicator of future demand for its space. Interestingly, it's also not encountering lengthier negotiation periods with prospective tenants – as the German economy gets more fraught, tenants seem to protract their negotiations.
Its overall strategy appears unchanged. It still seeks to buy real estate at some 50% below its replacement cost and to leverage its capex to substantially increase occupancy at modestly higher rental rates. And to benefit from the subsequent revaluations. But it's worth remembering that it intends to remain a light industrial specialist – with office space taking up no more than 40% of its portfolio.
Basically, it seems to have a model that is working well and has significant mileage.
I continue to hold.
https://www.marke****ch.com/story/german-manufacturing-orders-rose-sharply-in-june-2019-08-06?mod=newsviewer_click
up tick
with SRE at a record Sp today, and German Industry https://seekingalpha.com/news/3475813-german-industrial-orders-disappoint-swing-decline it might be a time to shed a few shares... thoughts?
Anyone have any idea why CEO offloading recently? Hope it is to pay tax bill or summat....
RB
The Sirius Real Estate company presentation from our London seminar on the 10th April is now available in our members area here: https://www.sharesoc.org/members-area/
Sirius present at our London growth company seminar on Wednesday which may be of interest to current shareholders and potential investors hTTps://www.sharesoc.org/events/sharesoc-growth-company-seminar-in-london-10-april-2019/
Sirius present at our London growth company seminar on the 10th April which may be of interest to current shareholders and potential investors hTTps://www.sharesoc.org/events/sharesoc-growth-company-seminar-in-london-10-april-2019/
in the morning...
Just part of general market correction and Merkel deciding to finally step down. I'm not buying more until I can buy at 56p
Positive trading updates, good news all round on social media yet SP does nothing - what does the market not believe with this company?
Just a note that the market value is £571m but the enterprise value is £840. So in simplisitic terms it is way undervalued. With a divi of 3 euro cents on an SP of 56p then you earn a divi better than interest from a building soc.
I struggle to see it fall below 54P after it is based in Euros really which are up against the £.
My gut tells me this is just a bit of noise caused by german business worries and some just bought £650k this evening, certainly a few big shareholders are trimming their holdings by percentage points, I'm just sitting waiting to see when it starts back up
Will this keep going down for a while yet, any advise welcome? I was going to get more but wonder if I will get them cheaper in a week or so
sub 58p this falls into my moeny for old rope divi buying area
note that the index does not seem to correlate with the share price, in fact lacking confidence may mean that companies rent rather than buy space...
June 2018: German business confidence deteriorated in June, with a closely watched monthly index by the Munich-based ifo research institute shedding 0.5 points to end up at 101.8 points. The result was based on a poll of some 9,000 executives in Germany.
https://tradingeconomics.com/germany/business-confidence
Oct 2016 The German business climate index, compiled and published by the Munich-based Ifo institute, reached 116.7 points in October, rebounding strongly from a decline in September and climbing to a monthly record. The index is closely watched because it's based on a survey of around 7,000 firms across Germany.
Woodford drops his holding from 5.1% to under 5% so price drops 2%, with luck it might even reach my buying target soon, nice steady earner based on German manufacturing during a trade war, what is not to like?
Finally they sell off the last non-core unit in Bremen. The Sp droops. Still must be great for all the SAs who hold this share as the Rand is tanking