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.
|06Jan17 10:30||RNS||Additional Listing|
|05Jan17 03:55||RNS||Holding(s) in Company|
|15Dec16 10:07||RNS||Scrip Calculation Price|
|14Dec16 07:00||RNS||LONDONMETRIC SECURES WARRINGTON WAREHOUSE LETTING|
|12Dec16 10:23||RNS||Director/PDMR Shareholding|
|01Dec16 11:01||RNS||Director/PDMR Shareholding|
|01Dec16 11:00||RNS||Director/PDMR Shareholding|
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.
N+1 Singer - Best Ideas 2017 - Top picks
04 Jan 17
Today we publish our Best Ideas for 2017 - 12 stocks that we believe have excellent prospects in the current year together with a detailed discussion of what we see as the key sector and market themes for 2017. Our top picks are Cineworld, Elementis, Herald Investment Trust, Hill & Smith, IQE, MySale, Redde, ReNeuron, RhythmOne, SDL, Servelec and Severfield.
The Monthly January 2017
09 Jan 17
Despite all the hullaballoo of the Brexit vote and the subsequent election of Donald Trump as the next US President, the UK stock market prospered last year, especially in the latter few months of 2016. The combination of a depreciating currency – making $ earnings more valuable in relative terms - and the Trump emphasis on infrastructure expenditure drove the stock market higher
10 for 17
09 Jan 17
As always at the start of a year, there are significant uncertainties about the year ahead but I think in 2017, the level of uncertainly has decisively moved up a gear. In fact, a leading economist at the LSE, Ethan Ilzetzki, was recently quoted as saying “I view the current global economic environment as the most uncertain in modern history”. Wow.
11 Jan 17
Joules Group (JOU): Strong festive trading (BUY) | Shoe Zone (SHOE): Tough FY16 could be just the beginning (HOLD) | H&T (HAT): Alternative lender emerging (BUY) | Omega Diagnostics* (ODX): ISO accreditation received for Pune, India (CORP) | Redcentric* (RCN): Interims – restoring forecasts (CORP)