Member Info for tomb2100

REITS have to pay dividends Foreign Money will keep coming in. £ is low, rent reviews are upwards only so property (even over rented property) can be fiexed as a fixed interest gilt with an equity 'kicker' when rents do rise again Leases are longer in the UK than our European neighbours so property let to good covenants is safer/less risk UK has a high population to land ratio so demand for land and buildings should be greater due to lack of supply. But PB I'm always keen to find new sectors to invest in so any suggestions on what I should be buying!? ATB

Nice to get some cash back! After last week this morning was looking rather bearish and I thought your prediction of a correction in property values was about to come true. But then the government keeps spending going and the DOW storms up. So unaccustomed as I am 'Thank you America and Gordon'. Urggh feeling a bit sick now....ATB

Well its nearly 180k of buys - lets ignore the Uncrossing Trade shall we? Its just the MM's balancing their books

Yes QED really flew I was happy to be on that one from the 30p days. Need more of those please - only a small investor needing to get bigger! Also on PXS hysteria rollercoaster and KDD which is a bit more relaxing. Sorry folks for the off board stuff!

I'm a holder as well so I can understand your reasons for buying. As far as I am aware the company has to pay a dividend as they are a REIT, they have no choice in the matter - which is nice.

A nice quick recovery from the price drop earlier in the week, but as ever there will be more ups and downs to come. Perhaps drop was caused by MM's looking to fill orders by triggering stop losses and sells, as there were some pretty substantial sized buys during this period - possibly by tracker funds as SEGRO due to enter FTSE 100 on 18th Sept. But as ever we'll never know!

Property stocks in general being hit as they all had a good rise in the last month, it may well have risen too much hence this correction.

Ok so I rounded down, I'm going with recovery by 2015, but there will be some falls on the way - I bet you like the look of the DOW today! Property companies are now an unlikely way to make a quick buck - by the look of it to get rich quick you have to know your tomatoes....

I'm fairly new as well to shares but decided to invest as values had been hit so hard. I work as an investor developer so know generally about the industry and what has happened. SEGRO are a well run company, specialising in Industrial property in the UK and Europe - in my view a safe bet. Prior to the recession the traded easily in excess of £4 Their Rights Issue to cover debt due to falling values dropped their share price to the 20's They have bought a rival, Brixton Estates on the cheap They have now consolodated their shares 1 for every 100, in old money their SP would be 34.7p Its going to take 5 years for values to recover, so its a long termer and no a 'quick buck' In five years I believe their SP should easily be above £10 which is based on freehold rising and improved occupier demand which will also help increase rents. As I said I am no expert and this is just my opinion. I also hold Quintain Estates which have had a fantastic rise, BUT there shares have not been diluted through and Oppen Offer or Rights Issue.

Well they've been on a good roll since the 20p days (pre consolidation). My stance on property is long term so I'm in fairly low and intend to keep. But for whoever wrote that article it's SEGRO not SERGO - don't write both just to cover the bases!!

Just seen the late publications - that looks like a lot of buys. Could be a good start Tuesday.

Ok so maybe the near 1Mill of buys and a mere 50,000 sells may be the reason.

and all of a sudden its up in the 180's and I have no idea why!

Wall Street back on the up?? Well none of the experts can agree on the big correction and when and if it will happen. If its a big correction UK will just about be bankrupt - thanks GB! ATB

I can see your view, working as an investor/developer makes me question whether there is any backbone to this 'recovery', however I can't see them falling all the way back down again. Any sectors out there with some good growth left - gold, oil?

An unexpected surprise to see you in the property world, is JJB bashing getting all too easy so its no longer sport!? (probably not too far from the truth). Anyway as you're here (hopefully not on a short) I'd welcome any views you may have on Segro and or commercial property shares.

Alas looks like we won't be able to get any at the director purchase price. Maybe the price hike a few days back was to pursuade people to sell so the directors can get some more, but just specualtion.

On the 9th July from their 'Recommended Acquisition of Brixton' Segro stated that there will be a divi, ex date to be 21st August. Predicted divi was 4.6p per share (after taking account of the proposed share consolidation) but it will all be declared tomorrow in the half year results.

Quntain's IQ Student Quarters should also be performing well. http://uk.biz.yahoo.com/25082009/325/unite-targets-london-site-buys-shares-jump.html

I note your comments but the directors be buying shares upto £1.35. Long term wise an RI is no bad thing as it would provide funds to buy property at todays low prices.