The Lemon Fool

PinkDalek wrote:I’m far from tetchy and not being pedantic. Nor have I suffered whatsoever from lockdown but thanks for your concern. In fact I’ve enjoyed it stupendously.

If you were already aware of the potential 10.5p or so minimum potentially b/fwd from the prior year or the alternative then fine. I wasn’t but then again I don’t usually feel the need to comment on each and every thread (which has also been mentioned recently but not on this thread).

The second quoted paragraph was also of interest to me. I must have missed it when originally released, whilst enjoying myself in the garden.

dealtn wrote:[Here for instance is a brief discussion.

viewtopic.php?f=87&t=23560

Landsec will today host a virtual capital markets day for analysts and investors. At this presentation Mark Allan, CEO, and his senior management team will explain the future strategic direction for the company and their priorities to create value for all stakeholders.

Mark Allan said "Today we are setting out a strategy that makes the most of Landsec's strengths and positions the business for growth. It will build on existing areas of competitive advantage. It will position the business to benefit from long-term macro trends. And it will be built around a clear, authentic purpose so that it delivers value not just for shareholders but for all stakeholders."

Bouleversee wrote:I'm afraid I wasn't able to listen to this after all. If any of you did, I should appreciate a brief summary of anything significant said and what you thought the future prospects might be for this company in the light of their statements.

In response to the continued impact of Covid-19 on Landsec's operations, the Company has issued the following information on December rent collection.

Cash collection and customer support

We continue to take a proactive approach to addressing the challenges the pandemic presents to our people, our customers and our business. In early April 2020, we established a customer support fund of £80m for occupiers who most need our help to survive. To date, £24m of rent concessions have been allocated to customers.

£112m of rent was due on the 25 December payment date. The table below shows the amount and percentage of this rent collected within five working days after adjusting for the impact of customers having entered CVAs and administrations, concessions agreed out of the fund and agreed monthly and deferred payment terms. 65% of this net rent was paid within five working days, compared with 94% for the equivalent period last year.

idpickering wrote:December quarter rent collection

https://www.investegate.co.uk/land-sec- ... 00073165L/

Land Securities Group PLC ("Landsec" or the "Company") is pleased to announce that Vanessa Simms will join the Landsec Board of Directors as its Chief Financial Officer Designate with effect from 4 May 2021. Martin Greenslade will step down as Chief Financial Officer and a member of the Board on 31 May 2021 and Vanessa Simms will become Chief Financial Officer on 1 June 2021. Martin will continue to work with Vanessa until 30 June 2021 to provide a full and effective transition.

Martin Greenslade's intention to step down was announced on 30 September 2020. Vanessa Simm's appointment as Chief Financial Officer was announced on 28 October 2020, together with details of her remuneration.

In response to the continued impact of Covid-19 on Landsec's operations, the Company has issued the following information on March rent collection. Footfall and sales performance for the year to 31 March 2021 will be provided in our annual results announcement which will be published on 18 May 2021.

Cash collection and customer support

We continue to take a proactive approach to addressing the challenges the pandemic presents to our people, our customers and our business. Our marketing and operations teams have been working with our brand partners to prepare for yesterday's re-opening of non-essential shops in England and Wales and the expected re-opening in Scotland on 26 April.

In early April 2020, we established a customer support fund of £80m for occupiers who most need our help to survive. To date, £39m of rent concessions has been allocated to customers. We expect this figure to increase as some of our customers, who have not yet paid their rent, enter into discussions with us following the Government's announcement about re-opening non-essential retail and the lifting of the rent moratorium at the end of June. We will update on this at our annual results on 18 May.

£110m of rent was due on the 25 March payment date. The table below shows the amount and percentage of this rent collected within five working days after adjusting for the impact of customers having entered CVAs and administrations, concessions agreed out of the fund and agreed monthly and deferred payment terms. 67% of this net rent was paid within five working days, compared with 65% for the equivalent period last year.

idpickering wrote:March 2021 quarter day rent collection

In response to the continued impact of Covid-19 on Landsec's operations, the Company has issued the following information on March rent collection. Footfall and sales performance for the year to 31 March 2021 will be provided in our annual results announcement which will be published on 18 May 2021.

Cash collection and customer support

We continue to take a proactive approach to addressing the challenges the pandemic presents to our people, our customers and our business. Our marketing and operations teams have been working with our brand partners to prepare for yesterday's re-opening of non-essential shops in England and Wales and the expected re-opening in Scotland on 26 April.

In early April 2020, we established a customer support fund of £80m for occupiers who most need our help to survive. To date, £39m of rent concessions has been allocated to customers. We expect this figure to increase as some of our customers, who have not yet paid their rent, enter into discussions with us following the Government's announcement about re-opening non-essential retail and the lifting of the rent moratorium at the end of June. We will update on this at our annual results on 18 May.

£110m of rent was due on the 25 March payment date. The table below shows the amount and percentage of this rent collected within five working days after adjusting for the impact of customers having entered CVAs and administrations, concessions agreed out of the fund and agreed monthly and deferred payment terms. 67% of this net rent was paid within five working days, compared with 65% for the equivalent period last year.

https://www.investegate.co.uk/land-sec. ... 00042148V/

Dod101 wrote:
Not really the place to be.

Dod

dealtn wrote:

Dod101 wrote:
Not really the place to be.

Dod

You mean the recent 40% rally is sufficiently large to now exit a position?

idpickering wrote:Half-year Report

Here; https://www.investegate.co.uk/imperial- ... 00029635Y/

Dod101 wrote:

idpickering wrote:Half-year Report

Here; https://www.investegate.co.uk/imperial- ... 00029635Y/

Actually Ian this is the half year report for Imperial Brands.

Dod