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Elite Commercial REIT (SG:MXNU)
SGX:MXNU
Elite Commercial REIT (MXNU) Share Price & Analysis
8 Followers
MXNU Stock Chart & Stats
Day’s Range0p - 0p
52-Week Range20.19p - 34.48p
Previous Close25p
Volume92.10K
Average Volume (3M)140.74K
Market Cap
£146.77M
Enterprise Value362.93M
Total Cash (Recent Filing)£9.46M
Total Debt (Recent Filing)£225.62M
Price to Earnings (P/E)―
Beta0.78
Next Earnings
Aug 07, 2024EPS EstimateN/A
Last Dividend Ex-Date
Feb 26, 2024Dividend Yield12.32%
Share Statistics
EPS (TTM)-0.05
Shares Outstanding586,320,534
10 Day Avg. Volume126,800
30 Day Avg. Volume140,740
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
25.00pPrice Target Upside0.00%
Rating ConsensusHold
Number of Analyst Covering1
Elite Commercial REIT News
PremiumCompany Announcements
Elite Commercial REIT Secures £80M Refinancing Deal
PremiumCompany Announcements
Elite UK REIT Secures £135M Refinancing Deal
PremiumCompany Announcements
Elite Commercial REIT’s Fourth Annual Meeting
PremiumCompany Announcements
Elite REIT Details Preferential Offering Expenses
PremiumCompany Announcements
Elite Commercial REIT Announces Upcoming AGM
PremiumCompany Announcements
Elite Commercial REIT Broadens UK Investment Strategy
PremiumCompany Announcements
Elite REIT Amends Annual Report DetailsPremiumCompany Announcements
Elite REIT Efficiently Manages Offering ProceedsBulls Say, Bears Say
Bulls Say
Financial PerformanceImproved credit metrics are a relief for investors, with gearing declining to a more comfortable level following recent equity placement, strengthening its capital structure.
Investment MandateThe broader investment mandate would enable ECR to benefit from defensive cashflow backed by government tenancies.
Strategic RepositioningRepositioning the REIT could emerge as a strategic medium-term plan, exploring repurposing vacant assets for alternative uses such as social housing or student accommodation.
Bears Say
EarningsA modest decline in DPU is expected due to an enlarged equity base and lower margins, despite the stronger foundation being established.
Interest Rate RiskDownside risks include tenant concentration exposure to DWP and longer- and higher-than-projected interest rate trend.
Tenant RiskKey risks include the main tenant DWP, which contributes 92% of gross rental income, not renewing its leases and higher-than-expected cost of debt.
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Options Prices
Currently, No data available
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Ownership Overview
9.72% Insiders
0.00% Mutual Funds
0.00% Other Institutional Investors
90.28% Public Companies and
Individual Investors
MXNU FAQ
What was Elite Commercial REIT’s price range in the past 12 months?
Elite Commercial REIT lowest share price was 20.19p and its highest was 34.48p in the past 12 months.
What is Elite Commercial REIT’s market cap?
Currently, no data Available
When is Elite Commercial REIT’s upcoming earnings report date?
Elite Commercial REIT’s upcoming earnings report date is Aug 07, 2024 which is in 12 days.
How were Elite Commercial REIT’s earnings last quarter?
Elite Commercial REIT released its earnings results on May 03, 2024. The company reported 0.007p earnings per share for the quarter, beating the consensus estimate of N/A by 0.007p.
Is Elite Commercial REIT overvalued?
According to Wall Street analysts Elite Commercial REIT’s price is currently same.
Does Elite Commercial REIT pay dividends?
Elite Commercial REIT pays a Semiannually dividend of 1.33p which represents an annual dividend yield of 12.32%. See more information on Elite Commercial REIT dividends here
What is Elite Commercial REIT’s EPS estimate?
Elite Commercial REIT’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Elite Commercial REIT have?
Elite Commercial REIT has 587,085,100 shares outstanding.
What happened to Elite Commercial REIT’s price movement after its last earnings report?
Elite Commercial REIT reported an EPS of 0.007p in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Elite Commercial REIT?
Currently, no hedge funds are holding shares in SG:MXNU
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Elite Commercial REIT Stock Smart Score
Unlock Smart Score
1
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4
5
6
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8
9
10
Technicals
SMA
Negative
20 days / 200 days
Momentum
-2.47%
12-Months-Change
Fundamentals
Return on Equity
-9.74%
Trailing 12-Months
Asset Growth
-8.78%
Trailing 12-Months
Company Description
Elite Commercial REIT
Elite Commercial REIT invests in commercial assets and real estate-related assets in the...
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MXNU Stock 12 Month Forecast
Average Price Target
25.00p
▲(0.00% Upside)
Technical Analysis
Best Analysts Covering MXNU
1 Year
1 Year Success Rate
1/2 ratings generated profit
1 Year Average Return
+2.00%
reiterated a buy rating 3 months ago
Copying Lock Mun Yee's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +2.00% per trade.
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