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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Segro - Gain to date: 47%

February 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:
  • 904p
We highlighted Segro, a commercial property REIT focusing on the development and letting of urban warehousing on behalf of logistics and e-commerce customers such as DHL and Amazon, in May ’18 at 616p and again last September at 768p, and the shares have subsequently stormed to £9. It’s a great business because demand is strong thanks to growth in e-commerce while supply in its core London market is tight.As part of a portfolio tidying up exercise, Segro has announced the disposal of seven stand-alone Big Box warehouses with a total floor space of 203,400 sq. metres in the West Midlands including in Daventry, Leicester and Burton-on-Trent. Consideration is £241m, which is in line with book value with the pro ...

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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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