By Chris Bailey of Financial Orbit | Sunday 23 February 2020
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I was more of an observer than a participant in the financial markets on Friday as I was travelling back down south of the border after a brief sojourn in Scotland. I was not surprised that Hammerson (HMSO) shares fell after it announced more asset sales at a discount which only nudges - rather than dramatically reduces - their material debt burden. And I read in the press today that all sorts of excitements potentially await in their results this week including a big dividend cut. Well quelle surprise.
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