Picton Property Income Ld Share Discussion Threads

[lord gnome] 31/5/2013 09:18

Looks like this thread has died a death. Everyone seems to have moved here....

[redhill9] 17/5/2013 09:29

Looks like 50p is on the cards then.

Not sure how going ex-div means the share price will rise 11%?

Current yield at 45p is around 6.7% and an increase to 50p would reduce yield on current dividend level to 6.0%, which is perhaps a step too far at the moment.

[red army] 13/5/2013 18:47

Looks like 50p is on the cards then.

[deadly] 30/4/2013 10:30

Goes XD on 15th May.

[skyship] 29/4/2013 13:02

Good dividend cover these days; and those poor void stats show potential for further revenue gain. But disappointed at the continuing NAV attrition.

[lord gnome] 29/4/2013 07:39

Headlines look good. 141% divi cover. NAV at 49p. Circa 7% yield paid quarterly. What's not to like?

[this_is_me] 29/4/2013 07:33

Solid results

[cwa1] 29/4/2013 07:30

NAV and Dividend:-

[deadly] 26/4/2013 12:42

This should be the thread to use with the informative header.

[mozy123] 24/4/2013 13:02

Skyship - nice prediction!

[asmodeus] 18/4/2013 11:08

Sorry, wrong thread.

[skyship] 18/4/2013 10:53

Managed a top-up @ a smidgeon under 40p this morning. They can now be released onward to that 43.5p/43.75p target!

[skyship] 17/4/2013 15:51

Bought half back @ 39.44p last week, looks as though I should have bought them all back as they appear to be gearing themselves for a run at the 40p ceiling. A break should take them to 43.5p where the yield would still be 6.9%.

[deadly] 26/3/2013 19:16

75k director buy announced.

[skyship] 20/2/2013 11:48

Also taken the turn here - 39.42p average, so over 40p adding in the divi.

They're not really a sale IMO; I just wanted to raise my CASH level a tad!

[tiltonboy] 13/2/2013 20:36

badtime,

I would want them to drop back to mid 30's to buy them. I just feel they are further through the disposal programme, and closer to distributions.

[badtime] 13/2/2013 19:15

Tilts ...what attracts you to TEIF rather than APT..the NAV on the property seems less than APT..on the last IMS..when adding back deffered tax it seems much higher...am i being a tad thick here (dont answer that)

[skyship] 13/2/2013 16:26

A nice run for sure...

[tiltonboy] 13/2/2013 16:13

Have had a look at DSC, but more likely to add to TEIF in the short term. I've had a nice rotation out of SREI, into APT, into CIC, and then into PCTN. If only I could get compound growth like that all the time.

[skyship] 13/2/2013 16:01

TILTS - Yes, well you can do so much better by dealing on the book. Still, I'm hoping that they will continue to 40p, will then assess, but as they still yield 7.5% at that level, I may stay with it.

So where do you go next for a property play? APT is off and running ahead of you, though I was lucky enough to get some @ 38p yesterday, so that could recur. How about DSC - have you taken a look at those?

[tiltonboy] 13/2/2013 15:44

Probably premature...again...but I've taken a nett 3p out of this in less than two weeks, when including the dividend, which in effect was the CIC money being re-cycled.

[eeza] 13/2/2013 09:02

Very encouraging, Jaws.

[jaws6] 13/2/2013 08:50

PICTON SCORES REGIONAL LETTING HAT TRICK -RNS
and .75 p xd

[nil desperandum] 06/2/2013 18:56

Some chunky trades revealed at the close... could be seller cleared ... time will tell...

[hugepants] 06/2/2013 13:14

Ive PCTN and UKCM. DSC another property play worth a look. 3.5% yield but 40% discount to NAV. Soros recently bought 6%.