goldfinger
- 25 Aug 2009 08:57
Havent the foggiest how to value this stock after the recent corporate action and to be honest I havent the patience either being on hols but all i can say is its been a corker of a momentum stock with big gains of late.
Please keep that in mind and DYOR.
No chart unless someone can post an updated one up.
Will post present broker forecasts below.......
Capital & Regional PLC
FORECASTS
2009 2010
Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)
Arbuthnot Securities
24-08-09 NEUT
KBC Peel Hunt Ltd [R]
21-08-09 HOLD 36.45 35.49 12.00
GROWTH
2008 (A) (E) (E)
Norm. EPS % % %
DPS -18.52% % %
INVESTMENT RATIOS
2008 (A) (E) (E)
EBITDA -403.40m m m
EBIT -404.00m m m
Dividend Yield 56.41% % %
Dividend Cover -27.68x x x
PER -0.06x x x
PEG f f f
Net Asset Value PS 254.94p p p
dyor
ahoj
- 07 Mar 2012 12:04
- 37 of 41
Highlights of the results today:
Continued strengthening of financial position
-- Growth in net assets per share to GBP0.56, up 12% from the 2010 year end, and EPRA net assets per share to GBP0.63, up 11% from 2010 year end
-- Robust recurring pre-tax profit of GBP16.4 million, up 10% from 2010
-- Group share of cash distributions from funds and joint ventures of GBP15.7 million
-- Group net debt to equity ratio falling to 24% compared to 29% at 2010 year end
-- Sale of six properties in The Mall and The Junction for GBP370.0 million, at or above valuation
-- Acquisitions of The Waterside Shopping Centre in Lincoln and Schwabisch Hall in Germany and the recycling of cash distributions to increase the Group's investment in The Mall Fund to 20.15% shortly after the year end
Impressive operational performance in challenging market conditions
-- Strong asset management delivering 101 new lettings and 57 lease renewals at, or above ERV across the UK funds
-- Strengthening UK fund occupancy of 96.8%, up 0.6% from the 2010 year end and
-- Uplift in The Mall footfall of 3.2% and outperformance of the national index by 3.7%
-- Continuing improvement in reducing our environmental impact with a 9% reduction in The Mall energy consumption and 7% reduction in carbon output across the Group
-- Positive momentum in delivering the asset management and development pipeline
Commenting on the results John Clare, Chairman said
"I am delighted to report an increase in net asset value of 12% to 56 pence per share and an increase of 10% in recurring pre-tax profits to GBP16.4 million. These results are all the more encouraging as they reflect the impact of asset management initiatives which have boosted income not only in the UK funds but also in the joint ventures."
ahoj
- 13 Mar 2012 10:26
- 39 of 41
Starting to light up. Can double in a month. IMO
HARRYCAT
- 04 Sep 2018 19:45
- 40 of 41
Berenberg today initiates coverage of Capital & Regional PLC (LON:CAL) with a buy investment rating and price target of 60p.
HARRYCAT
- 04 Sep 2018 19:50
- 41 of 41
Am just hunting around for divi yield and this one pinged up. Not too exciting on the chart, but MAM data shows around 8% yield at mo.