Huge discount to NAV as with the rest of the sector. 4.4% dividend which is secure.

Market seems to be pricing a meltdown in this sector and I read some note the other day suggesting LAND may not be able to sell assets at the NAV in it's books, but since the discount is somewhere between 30-40%, a couple of percent write down in asset value doesn't bother me.

BLND, LAND, INTU and HMSO all look cheap to me.

I have lots of INTU and some BLND. Sector seems to have turned yesterday - not sure if Brexit related or Santa rally. INTU at 7.2% dividend reflecting perceived gearing

I think this one is really interesting after the INTU news this morning as the share price is only slightly above the 925 area the director bought at the other day and lots of sells are still going through. If it pulls back on a bad day on FTSE it's now on my list.

I've bought a few HMSO at 512.5 this morning which I'm happy to sit on.

Credit Suisse Neutral 942.75 1140.74 1035.00 Downgrades


Back on my list.

Dipped this morning. Classic shake and fake. I didn't take any though as I've got enough INTU, BLND and HMSO that I need a really stupidly low price to take any more.

JP Morgan Cazenove today reaffirms its overweight investment rating on Land Securities Group Plc (LON:LAND) and set its price target at 1200p.

Upcoming events:
15 May 2018 - Preliminary results announcement

12 July 2018 - Annual General Meeting

13 November 2018 - Half-yearly results announcement