graham.swan282
09 May 2019
REIT's Dividends Same with II (ISA Account)
casabanker
26 Apr 2018
Re: £6 today And I think you will be granter more, picstloup. SGRO is in a "sweet spot" as the demand for more warehouse capacity increases. There is apparently a chronic shortage of the right kind of warehouse in the UK. SGRO already has some prize assets so earnings and turnover should be solid for some time to come. This is borne out by the fact that SGRO's sp has risen this year while many other companies have struggled to maintain their stock price levels. The PE is still under 12 so the stock is not expensive.Casa.
picstloup
12 Mar 2018
£6 today Doubled in the 7 years I've been holding, with tasty divis on top, and the rights issue at £3.65. Now nudging 6% of my wad. Here's hoping for more.
oldjoe1
08 Mar 2018
SEGRO....CHART BREAKOUT......... SGRO Segro PLC, industrial warehousing. The big retailers like M@S are crying out for depots like this to enhance there Online Business. Far more to come from the TA analysis. Forward P/E 24.6 to 2019., not cheap but quality.[link]
o mealheiro
22 Feb 2018
REIT's Dividends I am for my sins with Barclays (Notso)Smart Investor, I have several REIT’s in my ISA portfolio.When it was Barclays Stockbroker any PID dividends were paid with the tax includedNow Smart Investor pays the dividends with tax deducted, and they are now telling me that they will claim the tax back later, but it could take up to eight weeks.May I ask, how readers with other ISA providers deal with REIT’s PID dividends
casabanker
16 Feb 2018
Re: Results I am pleased to say that SGRO is the second Company that I hold to increase its dividend over the last quarter. The first was IMB but the sp has shown serious weakness recently. But not SGRO. It looks solid and likely to continue with progressive EPS. It's in a niche sweet spot. Just one concern is that the sp is standing at a significant premium to its NAV.Casa.
II Editor
16 Feb 2018
NEW ARTICLE: FTSE 100 rebound is best since 2016 "Where Wall Street goes, other markets follow, and this bounce back from last week's lows is no different. Traders are quickly getting used to higher bond yields, higher inflation and another round of hikes in global interest rates that will ..."[link]
Delian League
16 Feb 2018
Results Good results - SEGRO declared a final dividend increase of 6.1% to 11.35p.I always thought they were a steady company with nice boring growth. I remember them when they were Slough Estates.Good stuff. D.L.
KEEPING CALM MIKE
20 Jan 2018
Demand and supply Segro is well placed with its industrial/warehouse units to enjoy strong tenant demand at good rental levels. Which in turn on a yield basis of even say a low 6% is way ahead of on the cash market, plus capital appreciation on the bricks and mortar a great long term hold in my opinion. K..C.
fer de lance
23 Nov 2017
Re: A shining light Happy for you but I've got a massive short on these that is hurting more and more every day. Took the position in a fit of pique because I meant to buy them around 200 a couple of years ago then watched them take off and wanted to believe they had now become overbought. That's probably true but this a quality company, and I guess Aberdeen's new commercial property fund is probably going to pile in at some point. Win some lose some.
casabanker
16 Nov 2017
A shining light SGRO is a shining light this week, with the sp rising every day. That is unlike most of the rest of my holdings which are sadly down. SGRO still looks good value with a PER of around 11. Maybe we will have a Santa rally in a couple of weeks time.Casa.
sage in the hills
21 Sep 2017
Any impact on yield ? Key Takeaways From the September Fed MeetingShare On Facebook Print Harriet Torry Federal Reserve officials didn't raise short-term interest rates Wednesday, but a December increase remains on the table. Meanwhile, the central bank said it would initiate in October its long-telegraphed plan to shrink its securities holdings. Here are key takeaways from the Fed's two-day policy meeting:Looking to DecemberThe Fed's summary of economic projections suggests officials are still on track to raise short-term interest rates once more this year, most likely at the Dec. 12-13 meeting when Chairwoman Janet Yellen will hold her next press conference. The Fed meets again Oct. 31-Nov. 1, but no press conference is scheduled then. Fed officials expect to raise rates three more times next year, a forecast unchanged from when they last submitted economic projections in June. Officials lowered their median forecast for the path of rates in 2019: They now expect two rate increases that year, down from three. Officials expect rates to rise once in 2020.Trending Lower for LongerFed officials brought down their expectation for where they see interest rates settling in the longer run, to 2.75% from an earlier forecast of 3%. The drift downward reflects a lowering in officials' view of the so-called neutral rate, an underlying interest rate that is consistent with the economy operating at its full potential and expanding without overheating. Ms. Yellen told reporters that "because the neutral rate currently appears to be quite low by historical standards, the federal-funds rate would not have to rise much further to get to a neutral policy stance."Will She Stay or Will She Go?Ms. Yellen is keeping her cards close to her chest regarding what she think about her future as her term as Fed chairwoman ends Feb. 3, 2018. She reiterated Wednesday that she intends to serve out her current term, but said, "I'm really not going to comment on my intentions beyond that." She told reporters that she hasn't had a meeting with President Donald Trump since the early days of his presidency. The two have met just once, for about 15 minutes, in the Oval Office in February. Mr. Trump has said he is considering renominating Ms. Yellen, but that he is considering others for the post as well.Roll On the RolloffThe Fed in October will initiate its long-telegraphed plan to shrink the portfolio of bonds acquired after the 2008 crisis. That means the Fed will end its practice of fully reinvesting the principal payments of maturing bonds into new bonds and instead allow $10 billion in holdings to roll off without reinvestment every month. Those amounts will increase by $10 billion each quarter to a maximum of $50 billion from October next year. "Our balance sheet is not intended to be an active tool for monetary policy in normal times," Ms. Yellen emphasized Wednesday, adding that "we therefore do not plan on making adjustments to our balance-sheet normalization program."Sticking to Its GunsWith the rolloff of its holdings ready to start, Ms. Yellen said there is now "a somewhat high bar to resume reinvestments," and only "a material deterioration in the economic outlook" would prompt the Fed to consider such a move. "It will be up to future policy makers to decide in the event of a severe downturn whether they think it's appropriate to again resort to adding assets to a balance sheet," she said.Write to Harriet Torry at [email protected] (END) Dow Jones NewswiresSeptember 20, 2017 18:55 ET (22:55 GMT)Copyright (c) 2017 Dow Jones & Company, Inc.SAGE
MJS1234
25 Jul 2017
Reason for the rise Taken from BBC business page:Shares in property developer Segro have jumped by 4.4% to a nine-year high after reporting the value of its assets had increased by 5.4% as online shopping boosts demand for warehouses.Boss David Sleath told the Today programme there was a shortage of good quality warehouse space in the UK."Ever since the financial crisis very little space has been build on a speculative basis, that means without a tenant already lined up and all of the space that was empty back in 2007/8 has now largely been taken up."So just at the time when retailers are either leading the way, Amazon taking a lot of new space or other retailers are scrambling to try and put in place a distribution network to compete, there's a shortage of space around."In some of the big cities like London is land is being handed over to residential developers at quite a rate and outside of the big cities our greenbelt planning laws protect the development of new warehouses there so there is a shortage of good quality land around."GLTAMJS
picstloup
25 Jul 2017
Decent half year results Adjusted pre-tax profit up 23% to £91.2 million in the first half, helped already by the APP purchase. High customer retention rates, a low vacancy rate of 5.5% and decent lfl rental growth of 3.9%. Divi up a fairly miserly 5%.Market certainly seems to like them.
Blanketstacker
02 Jul 2017
Re: What is this? It is a REIT. They specialise in warehousing. Seems a wee bit overpriced to me.
