Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on LONDONMETRIC PROPERTY PLC. We currently have 9 research reports from 1 professional analysts.
|23Mar17 07:00||RNS||PLACING TO FUND ACQUISITIONS AND DEVELOPMENTS|
|23Mar17 07:00||RNS||180,000 SQ FT RE-DEVELOPMENT FOR EDDIE STOBART|
|23Mar17 07:00||RNS||500,000 SQFT OF LETTINGS TO AMAZON AND MICHELIN|
|20Mar17 07:00||RNS||£12M ACQUISITION OF LAST MILE DISTRIBUTION ASSETS|
|15Mar17 07:00||RNS||LONDONMETRIC SELLS THREE RETAIL ASSETS FOR £61M|
|09Mar17 07:00||RNS||Dividend Declaration|
|21Feb17 07:00||RNS||£16 MILLION ACQUISITION OF TWO WAREHOUSES|
Frequency of research reports
Research reports on
LONDONMETRIC PROPERTY PLC
LONDONMETRIC PROPERTY PLC
Panmure Morning Note 03-02-16
03 Feb 16
The second interim dividend will be paid in early April ahead of the tax changes which take effect from 6 April 2016. Importantly, the statement underlines the positive operational performance over the year and confirms that the dividends totalling 7.25p for the year are covered – even though the financial year is not yet complete. We have upgraded our earnings figures for FY16A to reflect the strong performance but have moderated our NAV figures a little. The stock offers a good yield of 4% backed by a robust portfolio of assets with 13 year WAULT and 49% with contracted rental uplifts. We retain our BUY noting the resilience of the share price in the recent market turmoil which is justified given the strength of the assets and the management team.
Panmure Morning Note 13-01-16
13 Jan 16
LondonMetric has completed the disposals flagged at the interim results with the sale of three retail park assets on a blended yield of 5.8% for £29.5m. The prices achieved are ahead of our estimates, which had been based on an average yield of c6.1%. The retail experience over Christmas has highlighted the importance of a strong online proposition for retailers, which will add to the demand for good distribution assets and benefit LondonMetric. We retain our BUY recommendation and 199p target price.
Panmure Morning Note 02-12-15
02 Dec 15
This small disposal is one of five disposals flagged at the time of the interim results last week. The transaction crystallises an IRR of 17% and 33% profit on cost for the £13.6m exit price. The sale is consistent with the group's strategy to recycle capital from mature assets into convenience retail and retail led distribution. We retain our BUY recommendation.
Another positive verdict
20 Mar 17
Burford’s results for 2016 produced another outstanding set of figures. Revenue grew by 60% to $163.4m with strong growth in the litigation finance business and an additional boost from a secondary sale in the Petersen case. On an underlying basis net income grew to $114m, a 75% increase despite the investment in growing capacity which increased costs. A combination of ongoing investment and gains and increases on valuation saw the fair value of the litigation assets increase 67% to $559m, underpinned by a growth in invested capital to $394m. With the results statement there was an announcement of a further sale of 9% of the Petersen case at a valuation of 20 times the cost of investment.
N+1 Singer - N1S Trend spotting - Strategy update
08 Mar 17
In this new product we present some strategy theme updates arising out of our latest analysis of macro trends and economic data and our innovative Quant work. We also look at upcoming events and suggest topping up on some of our Best Ideas for 2017.
N+1 Singer - Morning Song 22-03-2017
22 Mar 17
Carador Income Fund (CIFU LN) Premium rating restored, high levels of refinancing activity | Cello Group (CLL LN) Outlook getting brighter – watch Pulsar | Eckoh (ECK LN) Largest ever US secure payments win | eg solutions (EGS LN) Full year results in line | Futura Medical (FUM LN) Licensing deal for CSD500 in Portugal | Verona Pharma (VRP LN) Global agreement with QuintilesIMS to support development of RPL554 | Xaar (XAR LN) 2016 results slightly ahead, reduced visibility in 2017
Making Mobiles Better
17 Jan 17
Mobile phones are increasingly the key connection for the modern world. This means that the performance of mobile phones, and their networks, is going to become more critical for all the apps and businesses that rely on them. New technologies such as VR, AR, and AV will need better, more reliable connections to really move into the mainstream. In this thematic piece we attempt to identify some of the most important issues facing mobile phone networks and their users, and start to identify solutions and enablers that will solve these problems and create value by doing so.