Member Info for goinglarge

Serco make a fortune out of the unemployed, prison services and immigration. 3 massive growth areas in the UK. Headed up by a well known Conservative, another growth area

No smoke without fire

Think this is creeping up as government about to announce a rent payment scheme to help tenants clear debt? If this happens Hammerson will get a lot of their income back

I am struggling to see why I would pump more money into this failing company that has just sold off an asset that diversifies the portfolio (European exposer). We have a heavily indebted company with no CEO and 30% of the income they had with massive debt and are being asked to invest more money in them. Where is the upside? What am I missing here?

I look forward to seeing him working for a new company who have purchased some of the assets in the fire sale

I might apply for the job. Prepared to only reduce the share price by 50% over the next 12 months rather than 95% by the previous CEO and I am prepared to do this for half of his salary.

Can I please be the first to congratulate David Atkins on his fine leadership of this company. When other similar sized property companies were diversifying into different sectors as they saw the structural changes in retail, he sold their office portfolio. When offered £6.35 a share, he recommended refusing this. When strong leadership was required, he stepped down. He has now done one of the worst rights issues ever. He thoroughly deserved his £1m+ salary per year. To the man who destroyed Hammerson we shareholders thank you

Close at 70p minimum tomorrow. A lot of people have made money on this manipulation of the share price

We are falling about 7% a day which is terrible. Only good news is by end of August we will be at zero and I will not have to waste any more time on this. I thought that they were different to Intu but now not so sure

I can see the new government scheme encouraging people to eat in restaurants will drive sales of fever tree products during August.

It’s not that difficult to predict that the price would go down today. It goes down every day

I never thought that the price would go below £1. Probably some really bad news that has been leaked?

Not sure this gives me much confidence, they are a bunch of jokers

The other hope is that the government allows local authorities to buy shopping centres to enable Hammerson to offload a few and reduce debt

I thought that I invested in a bank, not a charity. All good stuff when you are growing profits and great to see. At some point they should focus on the customer and grow profits. Because they were bailed out once, I think the management are just playing at this knowing that they will be bailed out again

You conveniently forgot to reflect the massive debt that they have. Marstons will be sold off piece meal and will not be around in 10 yrs. the question is what will they get in total LESS repayment of loans to get true value

All we need now is a further drop of 8% (very likely) and the price will be the lowest it has been for 12 months. Natwest is the perfect example of a company that has lost its way. To have spent millions rebranding when all the focus should have been on steering through this Covid crises just about sums it up. Total incompetence from the top. Here’s an idea, shut more branches, make it impossible for customers to get through on the phone and see if you can reduce your customer base further. Please continue with government backed loans to failing companies so that we can further waste time and effort on administrations.

I have also lost money and I am holding on rather than taking the loss. If the government ever announces a scheme to help tenants pay their rent, there is a slight chance that this company will survive. With Intu in administration, would the government let Hammerson go as well? That would make just about every shopping centre in the country bankrupt. Some of Hammersons sites are in prime city centres and long term just need to be reduced in size and redeveloped as housing. This will take years. The discount centres have a future. Years of poor management are now having consequences.

Even when we have good news on retail sales the share price falls! What will it take to get this moving in the right direction?

Another pound coming off the share price following another investigation! Not sure what Mike has ever done to upset the guardian but they are trying to create another Boohoo type scandal