Updates

Segro

April 2021

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.

Shares in Segro came within a whisker of hitting £10 for the first time, making for a nice return after I originally bought in May 2018 at 616p.It’s not hard to see the attractions for new buyers given that Segro owns, manages and develops urban warehouses in prime locations in London, the South East and major European cities and will surely benefit further as Covid-19 fuels existing trends for greater convenience and online retailing and galvanises increased demand for storage space.Full year results revealed a 10.8% rise in pretax profit to £296.5m for eps of 25.4p, while adjusted NAV rose a sparkling 16% to 814p due to a 10.3% increase in the portfolio’s value driven by asset management, development ...

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DX Group - Third upgrade since last November

Segro - Urban warehousing owner enjoys strong pipeline of new developments (December 2024)

Segro - CEO buys shares (October 2023)

Segro (June 2022)

Segro (November 2021)

Segro - Gain to date: 55% (November 2020)

Segro - Gain to date:â€ˆ47% (February 2020)

Segro - Urban warehousing landlord could benefit from â€œNo Dealâ€ 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.

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