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HMN at 81.75 is still pricing in property sector weakness, but the dividend yield is decent if they can stabilise asset values. Question is whether UK retail landlords have bottomed or if there's more pain ahead with rates staying sticky.
HMN trading at R81.45 is still underwater from its pre-pandemic highs, but the shift toward mixed-use and experience-driven retail is finally showing in their numbers. If they keep executing on asset disposals and debt reduction, the dividend yield becomes attractive again, thoug
Took a small position in HMN at 79.94 after that dip, dividend yield sitting around 7% makes it worth the risk on a retail property play that's been beaten down but showing signs of stabilising.
HMN taking a breather at R79.94 but the retail property space is still under pressure globally. That said, their dividend yield remains attractive for patient holders if they can navigate this cycle without asset write-downs.
Picked up some HMN at 80 bucks after that 4.73% pop, reckon retail sentiment could be shifting but the dividend yield still needs to justify the volatility in this sector.
Office space is getting crushed globally but HMN's retail exposure gives it a cushion most pure-play office REITs don't have. Looking at the last set of numbers, occupancy held up better than I'd have guessed given the load-shedding beating everyone's taken. Question is whether the dividend holds or if management cuts to preserve cash.
office space in SA is still a mess with all the load-shedding and companies going hybrid, but HMN's retail side is holding up better than pure office plays. at R80.00 the yield starts looking decent if they can keep collections steady through the rate cycle. long-term view hasn't changed, the rand weakness is actually helping the rand-based dividend story. I'll keep holding as long as it takes.
hmn stuck in that R80 range for ages hey. office reits getting hammered globally but they're sitting on some decent assets still, retail side keeps the lights on. long term play if you believe cape town and joburg office space bounces back but ngl it's a patient mans game
Office space is dead weight right now, everyone knows it. HMN needs to pivot hard into their retail or find anchor tenants willing to pay proper rent. R80 is fair value but it won't move til we see actual lease signings on the books.
HMN up 1.49% today but the stock still carries real estate sector headwinds. At current levels you're looking at a yield play, though capital appreciation depends on whether they can stabilise tenant demand post-pandemic.
HMN bouncing back up 1.36% to R73.99, probably relief after some of the recent pressure on retail REITs. Still trading at depressed valuations but dividend yield needs to recover before I'm getting excited again.
Hammerson PLC is finally waking up. HMN deserves a premium the market hasn't given it.
HMN's been beaten down hard over the past few years with retail facing structural headwinds, but at these valuations the dividend yield is starting to look interesting if they can stabilize the portfolio and keep the balance sheet intact. The real question is whether they've actu
HMN bouncing 1.24% today, finally getting some traction after that brutal retail downturn, though dividend yield is still under pressure so I'm not rushing in just yet.
Hammerson's modest 0.99% uptick today masks the structural headwinds plaguing traditional retail REITs across the Atlantic. For a 50-year family office horizon, the key question isn't daily price action but whether management can stabilise like-for-like rental yields and arrest t
HMN trading flat at R7005 reflects the market's ongoing scepticism about retail property exposure despite their FY2023 repositioning toward premium outlets and experiential retail. The loan-to-value metrics improved to 40% in their latest disclosure, but the fundamental headwind
HMN sitting flat at R7005 today while other property stocks are moving around. Wonder if the shopping malls are really struggling compared to the retail names we actually shop at?
HMN down 0.89% today, which is frankly noise given the structural headwinds retail property has faced since 2020. The real question for me remains whether their portfolio quality and management execution can justify holding versus the macro shift to e-commerce, particularly with
HMN taking a 2.56% knock today, but I'm more interested in whether their retail property portfolio is attracting the right tenant mix and maintaining footfall metrics that justify the valuation, because a cheap price doesn't matter if the underlying real estate fundamentals are d
The market's pushing HMN down another 2.62% today, but I'm seeing value here if the dividend cover story improves. Shopping centre REITs have been unfairly punished, yet Hammerson's rental recovery post-pandemic is gaining traction. If management can stabilise occupancy rates and
Current R 85,50 — 50% of range
Fundamentals sourced from JSE disclosures. Updated quarterly.