Wynnstay Group (WYN)

Sector:

Food

Index:

FTSE AIM All-Share

355.00p
   
  • Change Today:
    -12.50p
  • 52 Week High: 507.00p
  • 52 Week Low: 325.00p
  • Currency: UK Pounds
  • Shares Issued: 22.99m
  • Volume: 52,674
  • Market Cap: £81.60m
  • RiskGrade: 162

Wynnstay Properties portfolio valuation slips in Q1

By Iain Gilbert

Date: Wednesday 22 Apr 2020

LONDON (ShareCast) - (Sharecast News) - Property investment firm Wynnstay Properties said on Wednesday that the value of its properties had slipped in the first quarter as a result of the "material valuation uncertainty" caused bt the Covid-19 pandemic.
Wynnstay posted a total aggregate fair value of ?34.26m for its freehold properties - a reduction of 3.4% year-on-year.

However, the AIM-listed group did note that all rental income for the year ended 25 March had been received and that 70% of total first-quarter rents had already come in.

In light of the pandemic, Wynnstay said it was both in shareholders' interests and vital for UK economic recovery that the group support tenants as far as it "reasonably can".

Wynnstay said it had already received some requests from tenants for rent holidays or longer-term rent deferrals and that these requests were being considered on a case-by-case basis.

"Wynnstay is a small investment company to whom cash flow is as important as it is to our tenants and the UK Government's measures are directed in the main to trading, rather than investment, businesses. For our part, we are maintaining our regular payments to our suppliers, many of whom are also small businesses, to ensure that their cash flow is supported in the challenging conditions that we all face," said the group.

The company concluded by saying that it was "far too early" to assess the impact of the outbreak and the UK Government's measures on the company.

As of 0955 BST, Wynnstay shares were up 5% at 299.25p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Wynnstay Group Market Data

Currency UK Pounds
Share Price 355.00p
Change Today -12.50p
% Change -3.40 %
52 Week High 507.00p
52 Week Low 325.00p
Volume 52,674
Shares Issued 22.99m
Market Cap £81.60m
RiskGrade 162

Wynnstay Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
91.25% above the market average91.25% above the market average91.25% above the market average91.25% above the market average91.25% above the market average
68.00% above the sector average68.00% above the sector average68.00% above the sector average68.00% above the sector average68.00% above the sector average
Price Trend
45.37% below the market average45.37% below the market average45.37% below the market average45.37% below the market average45.37% below the market average
85.19% below the sector average85.19% below the sector average85.19% below the sector average85.19% below the sector average85.19% below the sector average
Income
58.84% above the market average58.84% above the market average58.84% above the market average58.84% above the market average58.84% above the market average
42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average
Growth
34.61% below the market average34.61% below the market average34.61% below the market average34.61% below the market average34.61% below the market average
12% below the sector average12% below the sector average12% below the sector average12% below the sector average12% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Wynnstay Group Dividends

  Latest Previous
  Final Interim
Ex-Div 28-Mar-24 28-Sep-23
Paid 30-Apr-24 31-Oct-23
Amount 11.75p 5.50p

Trades for 28-Mar-2024

Time Volume / Share Price
16:13 16,197 @ 352.00p
16:25 6,500 @ 357.00p
16:25 850 @ 355.00p
16:03 1,193 @ 352.00p
15:32 278 @ 357.00p

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