||EPS - Basic
||Market Cap (m)
|Real Estate Investment & Services
Raven Russia Share Discussion Threads
Showing 1351 to 1370 of 1375 messages
|I'm no TA expert, but I see the current 52 week high gaining steady momentum, especially as RUS is not known as a trader's stock, so IMHO it has a solid investor base, based on fundamentals.
Russian economic outlook helps of course. It continued to show signs of stabilisation in Q3, supporting hopes for a return to growth in 2017. Demand & supply conditions in the Moscow warehouse market appear to be improving with new build falling away....hence the strategic investment in the area by RUS.|
|Good summary for potential and newbies from This is money;
Raven Russia Limited is a well-capitalised company, with $280m unleveraged share capital, which provides for initial investment with leverage of circa $750m. Raven Russia has been established to invest principally in 'warehouse' property across Russia. The definition for 'warehouse' is generic and includes the entire spectrum of 'big box/shed' properties from high-bay logistics buildings through standard factories to retail warehouses/leisure boxes and some offices/standardised retail. Its objective is to become the pre-eminent investor in these types of properties throughout Russia. In creating the proposed property portfolio it is looking at operating in four areas of business:
1. Straightforward investment purchases: The simple purchase of an existing let property from an investor/developer.
2. Sale and Leasebacks: the purchase of property from an existing occupier who simultaneously leases back the property from us for an agreed term at an agreed rent.
3. Tenant Partnering: active participation in the land acquisition and subsequent development of a specific bespoke building for a specific tenant where we provide the entire financing and construction management expertise for a tenant who simply agrees to a pre-letting of the building on agreed terms.
4. Forward Funding local Developers: this can take varied format, either we finance independent developers throughout the land acquisition and construction period either against pre-lets or speculatively (dependant upon margin) or we simply contract to forward purchase a building thus allowing the developer the ability to 'bridge' the transaction with investor/bank financing. In addition to its Investment business, Raven Russia will look at speculative development/land assembly in-conjunction with experienced local partners.|
|Nice steady rises will do mee n thee young man!! :)|
|There was another chunky 50k sell under the bid yesterday|
|Cleared out a few sellers as well by the looks of it, marked down heavily at the start...|
|Should be, once the Russians hand back Snowden has a state gift!|
Not quite yet it ain't
Hopefully next week it will be|
|50p cracked ! This is doing very well, lets get an update pleeease|
|I'm in today. Let the Trump/Putin love fest begin. I hope he has lots of dirt on Trump...|
|Raven Russia is buying three properties at a cost of 4.9 billion roubles (US$ equivalent $82m)leaving them in a very strong cash position of c$200m. The acquisition will add a minimum of $10m pa to the bottom line as well add to the group’s borrowing ability as and when conditions permit.
One completed warehouse and two office buildings in St Petersburg. They are 98% let, the bulk of which is in roubles rather than US$, at today’s market rents, so the "transition effect" does not apply.
Theproperties are – Gorigo Logistics Park – a logistics park of 87,000 square metres situated to the South West of St Petersburg, approximately 16km from the international airport.
Primium Business Centre – an 11,000 square metre office building situated to the
North West of St Petersburg and close to the new headquarters of Gazprom.
Kellerman Business Centre – a 22,000 square metre office building in the
Admiralty business district of central St Petersburg.|
|Looks like an interesting deal 16 pct yield is going to throw off some nice cashflow, I think this also tells us a good deal about how confident they are going forwards, the cash pile was insurance plus ensuring future debt rolling/amortization would be covered, I guess the extension of facilities has gone well as they are now prepared to spend some cash, woud be nice to get a more in depth update.|
|Well the ruble is trading to new highs today, etalon the other uk listed russian real estate play is exploding so I think the russian story is still bullish, Raven is lagging a bit, they really could do with a bit more communication about how things are on the ground, they dont do a lot to justify the massive compensation they pay themselves.....|
|Any thoughts on the trump press conference?|
davebowler 6 Jan '17 - 14:25 - 15 of 17 0 0 Edit
A holder of Convertible Preference Shares may at any time (other than (i) within 30 business days prior to the Redemption Date and (ii) where the Conversion right has lapsed following completion of a Potential Takeover) on giving written notice to the Company convert in whole or in part its holding of the Convertible Preference Shares into Ordinary Shares at a rate of 1.818 Ordinary Shares for each Convertible Preference Share (subject to adjustment in accordance with the rights attaching to the Convertible Preference Shares (such rate as adjusted from time to time being the "Conversion Rate")
davebowler 6 Jan '17 - 14:33 - 16 of 17 0 0 Edit
So once the shares in RUS are 112p/1.818 = 62p then we are in the money.Except of course the Conv Prefs will tend to rise in anticipation!
Plus there is the attraction of the 6.5/1.12 % rate of 5.8% to be had.
catsick 6 Jan '17 - 15:06 - 17 of 17 0 0
You also get a kicker if you dont convert as the bonds redeem at 1.35 times face so on top of the 6.5 pct coupon you are banking another 3.5 pct a year in kicker at maturity|
|I think RUSW are probably not worth buying at the moment as they are quoted 23 to 27 and it`s impossible to get many.
Bought more RUSP this morning and got an order in for RUSC.|
|And the convert bond too is very good value , anyhow they are all going up at the mom !|
|Finally cleared the 40p hurdle. Warrants (RUSW) are worth a look at if you think the zoom will continue.|
|Another day of decent buying volume with little effect on the price, the rouble is at its strongest point in the last 12 months and other russian related stocks are really motoring, Etalon is up huge over the last few sessions, would be nice to see some more newsflow from raven, leasing updates or some kind of indication on how things are on the ground, I am sure the logistics sector will be slower to react to an improving economy than the residential sector but Etalon have given a lot of data on how things are improving on the ground and raven very little so far.|
|Huge volume today, not much move though, other russian stocks are motoring, time for raven to catch up a bit !|
|With current fx rates I see the nav at 64p which is where I think fair value is, medium term I dont think it will take much to see yields compress from 12-14 pct down to 10pct if this happens I think the nav will be up to 100 and the shares should follow ...Even in argentina where rates are in the mid 20's real yields are around 7pct, In russia rates are falling and the ccy and market has stabilized I see no reason why these index linked yields should not be much lower than the current 12-14 , also there can be a big boost from financing spreads falling, at the current 39p they are priced for armageddon still|