Civitas Social Housing’s (CSH’s) discount has yet to recover from an activist short seller attack last year, with its share price almost as low as it has ever been in over five years since it launched. Although CSH’s manager made a strong rebuttal to the allegations made by the short seller, regulatory concerns around the financial strength of some of its tenants has persisted throughout its existence. To aid regulatory compliance, CSH plans to add a new clause to leases that would enable greate ....

27 May 2022
Civitas Social Housing - Fundamentals remain strong

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Civitas Social Housing - Fundamentals remain strong
- Published:
27 May 2022 -
Author:
James Carthew | Matthew Read | Richard Williams -
Pages:
12 -
Civitas Social Housing’s (CSH’s) discount has yet to recover from an activist short seller attack last year, with its share price almost as low as it has ever been in over five years since it launched. Although CSH’s manager made a strong rebuttal to the allegations made by the short seller, regulatory concerns around the financial strength of some of its tenants has persisted throughout its existence. To aid regulatory compliance, CSH plans to add a new clause to leases that would enable greate ....