image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

SIGN UP NOW
Updates

Segro - Gain to date: 55%

November 2020

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • SGRO
  • Price:
  • 955p
In an otherwise moribund property sector, shares in Segro, a Greater London focused owner manager and developer of large logistics warehouses, have been on a tear, hitting a new high of 988p over the month and yielding useful gains on our main recommendations in May ’18 at 616p and again at 768p in September ’19. These are backed up by solid half year results for the six months ended 30 June showing pretax profit rising 6.5% to £140.5m and eps increasing from 12.2p to 12.5p. Adjusted net asset value per share increased nearly 3% to 718p.The group secured £33.7m new headline rent in the period (H1 ’19: £33.3m) driven by new lets £18.8m (H1 ’19: £15.2m), net rent roll growth of &p ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

Segro - CEO buys shares (October 2023)
Segro (June 2022)
Segro (November 2021)
Segro (April 2021)
Segro - Gain to date: 47% (February 2020)
Segro - Urban warehousing landlord could benefit from “No Deal†stockpiling (September 2019)
Segro (April 2019)
Segro (December 2018)
Segro - Strong lettings growth (June 2018)
Segro - Commercial property group boasts terrific chart (May 2018)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X