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Hammerson plc (HMSNF)

Other OTC - Other OTC Delayed Price. Currency in USD
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0.5300-0.0072 (-1.34%)
At close: 3:28PM EDT
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  • J
    JohnC
    The bad news was that the government extended the eviction ban on firms behind on rent until March 2022. Commercial landlords are not happy and have concerns well-capitalised businesses might refuse to pay rent and abuse the support measure. Hammerson's balance sheet looks strong enough, with the recent sale of 7no shopping centres, and they don't have much debt falling due this year.

    The good news is that Hammerson is planning to build the UK's largest electric car charging facility at Brent Cross in London. There is limited space in London and many EV owners in London won't have home charging, so Hammersons are unlocking a limited and valuable resource with this project, and it might be an indication of their future strategy.
  • d
    dec
    why down on good results ?
  • S
    Sky
    I want to laugh when people sell it now. Time to load up more.
  • B
    Bernard
    HMSO . Have great valuable properties. It will take a little time to realise good properties are a solid investment and ordinary retail will definitely shrink but high value retail and hospitality will become very valuable within the next few years . Location , location Location .
  • R
    Raymond
    July 18th proposed end of Lockdown 2.0 in the UK. HMN to the moon!
  • k
    kenm
    Offloading assets, cutting down liabilities, they will be left with alot of cash soon in a low interest yielding environment, then the risk of inflation......it's a downhill nomatter what they do.
  • X
    Xiao Bao
    assets value: 6.3B, net debt 2.2B = 4.1B in NAV / 4B in number of shares = GBP 1 in share price?
  • A
    Alex
    We’re going back to 30 before we see 50 🚀
  • J
    JohnC
    This article on Yahoo is a bit incorrect. The reason for the £1.7bn loss is mainly property revaluations, which accounts for £1.6bn of the loss. Property revaluations on P&L started after the change in accounting standards from IAS17 to IFRS16. Property revaluations isn't a cashflow issue and will fluctuate positive and negative from year to year. Rent collections only indirectly affects profit through increase in bad debt provision, but are more of a cashflow item and new leases wouldn't affect previous year's profit.

    It is high risk because Hammersons are technically in breach of some covenants due to covid and there is no liquid market for shopping centre sales, but it is also potentially high reward, if they get through this crisis and it isn't followed by another crisis they could return to paying dividends comparable to previous years.

    https://uk.finance.yahoo.com/news/hammerson-share-price-recover-2021-141212123.html
    The Hammerson share price is on the rise this week following the company’s biggest loss on record. Zaven Boyrazian takes a closer look at what is going on. The post Will the Hammerson share price recover in 2021? appeared first on The Motley Fool UK.
    The Hammerson share price is on the rise this week following the company’s biggest loss on record. Zaven Boyrazian takes a closer look at what is going on. The post Will the Hammerson share price recover in 2021? appeared first on The Motley Fool UK.
    uk.finance.yahoo.com
  • A
    Adam
    40% up on my initial investment. This baby is only just getting started. The U.K. is still in lockdown and this stock is rising.

    There will be a huge pent up demand to get out shopping on the high street again. Yes Amazon etc are the future but people haven’t been out the house in months. This still has room to run.
  • C
    Charlie
    Been holding for a while now avg is about 24p ( new to trading ) with the announcement boris made yesterday are we likely to see a big climb as retailers start to reopen ?
  • R
    R
    once covid over, businesses will be back to operational normally, people will come out and start going to malls, then this stock will be skyrocketed. now is the time to buy this stock and hold for year.
  • J
    JustAPea
    Extreme negative outlook. Exspecially UK. High insider buying. Time to invest some pocket money
  • l
    lucky
    Is anyone concerned? I have invested a lot here. Thanks for any help you guys can give me.
  • D
    D
    There's only one thing I like better than travelling around and "picking" (especially sports cards & Memorabilia)... and that's finding stocks like this randomly searching to throw a couple $Gs at. What a no brainer play this is. Good Luck ALL!!!
  • R
    R
    I have added my 10k shares today. Good luck everyone
  • d
    dan
    Currently hold 1500 shares at 33p per share Fingers crossed this sky rockets once shops open
  • E
    Emad M
    If it breaks 40p, the next target would be 60p
  • J
    Jimmy
    Looking good
  • A
    Andrei
    time to buy...buy... buy....