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BBOX and all that money?

dealtn
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Re: BBOX and all that money?

#322061

Postby dealtn » June 27th, 2020, 2:13 pm

Haven't read the article, nor know the REIT particularly well, but a look at the balance sheet shows a (conservatively?) geared company, with debts in excess of £1bn, higher than a year ago.

It's possible they have £1bn headroom on undrawn facilities, plus cash, but that's not the same impression I get from a statement such as "has over a billion GBP in cash", and might explain the apparent lack of ambition to invest in land/property acquisitions currently.

mc2fool
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Re: BBOX and all that money?

#322191

Postby mc2fool » June 28th, 2020, 2:18 am

ReallyVeryFoolish wrote:Thanks, the article I guess is paywalled. I think if anyone were to google for "Survival of the fittest", it may find the article dated 25th June. Here's a link.

https://www.investorschronicle.co.uk/sh ... e-fittest/

Just free registration will do it (and they don't spam you).

monabri
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Re: BBOX and all that money?

#322298

Postby monabri » June 28th, 2020, 2:33 pm

From their annual report available here...

https://tritaxbigbox.co.uk/investors/results-centre/

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