Added to YB: 2024-07-03
Pitch date: 2024-07-02
RGL.L [bullish]
Regional REIT Limited
-27.38%
current return
Author Info
No bio for this author
Company Info
Regional REIT Limited (Regional REIT or the Company) and its subsidiaries (the Group) is a United Kingdom (UK) based real estate investment trust that launched in November 2015.
Market Cap
GBP 146.5M
Pitch Price
GBP 1.25
Price Target
N/A
Dividend
11.06%
EV/EBITDA
N/A
P/E
-8.96
EV/Sales
4.84
Sector
Office REITs
Category
special_situation
Regional REIT (LON: RGL) Share price crash!
RGL.L: £110.5M rights issue at 10p/share, 15:7 ratio. Funds for £50M bond redemption, £26.3M debt reduction, £28.4M CapEx. LTV drops 56.8% to 40.6%. 1:10 share consolidation post-raise. 2.2p/share dividend expected. £647.8M portfolio value. Risks: market volatility, operational challenges. Rewards: improved financials, dividend stability.
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