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Online Share Trading

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Anybody (Barry?) have any views

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Contributor
Results out - not disasterous. Been knocked a fair bit of late and trading at 20 - 25% discount to NAV - Unlike ours which trade at a premium! Surely prime London property will always be just that. So long term in my view it looks good.
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6 REPLIES 6
Super Contributor
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Super Contributor
If your goal is to retire living off dividends its tough to beat. Rand hedged, well managed and they get a % of client turnover in the rent what could be better.
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Super Contributor
See Rand is seriously strenghtening against the Pound so may be reason for weakness in price. Also, market seems to have forgotten the potential deal they announced to be looking at doing a while ago or perhaps the market knows it is not going to happen.
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Super Contributor
This is basically a buy and hold share for the long term.How ever one cannot ignore the present volatility.Not a time to add any i should think and if u are uncomfortable then lighten some what your holding or sell all.Personally i think this is the best i know of IN THE WORLD for commercial property.Over a ten year term this will turn out to be just a blip in the price.I read some where that the authorities in the UK are planning a meeting with business so as to take steps to avoid the recession or stagflation caiused by the American fiasco affecting the financial and property.For reasons why it is a good share to have go to Share Discussion then to LBT.In future i shall only reply to queries on specific shares under their correct headings as then i can easlier find what i've said previously.
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Super Contributor
sorry DREW ,i see u did ask under correct heading.
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Contributor
Barry - thanks very much for your insight!
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