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Redefine International Share Discussion Threads
Showing 126 to 150 of 150 messages
|I thought that the last update was pretty positive and perhaps actions/potential actions of large shareholders depressing price...topped up a few weeks back...seems too early.|
|cheap... good portfolio, but cutting distributions from 100% of earnings to 90-95% of earnings... S A shareholders like income , so maybe will go back to 100% once gearing down to 40% from asset sales ....|
|Maybe bad in actuality.|
|This any good?|
|CAN ANYBODY DIRECT ME TO THIS LINK ?
redefine international plc
As-it-happens update ⋅ 07 January 2017
Redefine International Takeover Rumours
RDI takeover rumours. Bulletin board gossip about Redefine International takeover. ... ADVFN PLC ... Redefine International Takeover Rumours (RDI).|
|As long as they can maintain a decent dividend which has not been too bad over the last 5 years. I am sticking with RDI for long term income even if it means a drift downwards in the share price in the near to medium term.|
|I can understand why you have done this srichardson8; I sold down much of my holding just before and after the referendum and am staying with what I have till the annual results come out. The price until this announcement was pretty solid...helped by the 20% of pfolio in Germany.
As a holder since the days of Wichford this has not been a happy experience.|
|Regrettably sold with an 18% loss. This is a backdoor way of the largest shareholder, a SA REIT, starting to unload its stake which it boosted only in February by supporting the 42p massively (certainly in the s-t) dilutive placement. I shan't study the details but there will thus be a large tap on the supply of shares coming from the major financer of the business. The tone of the release suggests to me the UK management, which also has a strong SA accent of course, are none too pleased though the boss of the SA outfit is also an independent shareholder and director. Glad to have it off the books but good luck to those who see the whole thing differently.|
|5 September 2016
REDEFINE INTERNATIONAL P.L.C.
("Redefine International" or the "Company")
(Registered number 010534V)
LSE share code: RDI
JSE share code: RPL
Response to Redefine Properties Limited launch of exchangeable bond
Redefine International, the FTSE 250 income focused UK-REIT notes the announcement made by Redefine Properties Limited ("Redefine Properties") released at 7am (UK time) this morning in respect of the issuance of EUR 150 million secured bonds exchangeable into shares of Redefine International (the "Exchangeable Bond").
Redefine Properties is listed on the Johannesburg Stock Exchange and currently has a 30.07 per cent. interest in Redefine International. The Exchangeable Bond is being independently issued by Redefine Properties and Redefine International has not been involved in the issuance. The Exchangeable Bond has no impact on the capital structure, business plan or strategy for Redefine International.
The Redefine Properties Limited announcement is available on Bloomberg and will be available on their website at hxxp://www.redefine.co.za/ later today.
Redefine International Tel: +44 (0) 20 7811 0100
FTI Consulting Tel: +44 (0) 20 3727 1000
UK Public Relations Adviser
FTI Consulting Tel: + 27 (0) 11 214 2402
SA Public Relations Adviser
|See the RNS above for reason for drop in share price
SP now rising in response.|
|Only just added this to my watchlist a few days ago and so taken advantage of the unexplained big drop earlier. Hopefully nothing to come out of the woodwork to back up the initial drop.
|No idea, trade volume very high but cannot find any news.
I`ve just added some at 40, might regret that if there is some bad news in the offing.
|big seller in the mkt|
|10% fall this AM, on no news. Anyone have an explanation?|
|do not think Dividend will be cut, but if so , only very marginally , but still good call as the portfolio acquired much better quality assets|
|Hi Possibly wrong but decided to buy a few at 46.
Yield 7 % at that, provided the divi does not cut.|
|" If the Placing proceeds, the Placing Price per UK Placing Share would be determined by the Directors and the Bookrunners, following their assessment of market conditions and discussions with a number of institutional investors during the course of the Bookbuild. In any event, in accordance with Listing Rule 9.5.10R, the Placing Price would not be at a discount of more than 10 per cent to the middle market price of the Ordinary Shares at the time of agreeing the
Placing." etc etc
So if I read this right, the placing will dilute us ordinary shareholders who will not be invited to participate, and the current lower share price will give an even lower placing price?|
|The recent NAV is 40P ish so what reason has it to go back up YET.
at 48p the premium is 20% therefore a bit lumpy.|
|I think the fall is temporary & will settle down & go back to 52-55p once the selling from SA institutions is out of the way. The main protection is the dividends per share, plus the better quality of portfolio...|
|If the price should fall further I will buy as NAV should be main factor for protection.|
Would not the rand price go up to reflect the rise of the pound against the rand?
Come to think about it, though, a couple of years back RDI was in the upper 50's when the rand was relatively strong|
|As Redefine is listed on the JSE & the rand weakens against the pound, there is heavy selling in SA which causes the sterling price to weaken on the currency cross|
|Not sure what has caused weakness here; thin markets at year end? clouds on the property market? perhaps jitters about any equity raise to fund tranche 2 of AUK purchase due on March 1?
To be honest rather indecisive if I want to take advantage of these lower prices to increase my exposure|
|After today's prelims, IC says "Hold for the income".|