Rdi Reit P.l.c Share Discussion Threads

[flashheart] 29/4/2013 08:04

Very happy with those results. Very solid footing now and going forward with a healthy dividend yield to boot.

[grollfam] 03/4/2013 10:45

very happy, sure they will invest the money at a higher cash on cash return.....

[danny500] 03/4/2013 10:24

great and dont management know it, theyve just cashed some shares in with a nice profit.

[grollfam] 17/2/2013 07:25

the rise in price of Cromwell from 72 cents as at Rin,s year end , to 90 cents adds approx 3,5p to the NAV of Redefine

[patviera] 17/2/2013 00:09

these should be 40p on back of cromwell

[esteenfeldt] 03/12/2012 14:04

patviera post 42

Don't forget that the £127m raised wiil increase distributable income by way of interest savings on loans that have been or will be repaid, as well as additional investment income from planned acquisitions. Redefine said in their capital raising prospectus that the capital raised would add an estimated £11.7m to distributable earnings.

[knigel] 02/12/2012 11:38

Not much share price upside atm whatever the divi imo

[patviera] 02/12/2012 11:36

grollfam..if divi was 4.4p and we have double amount of shares surely dividend will be 2.2p?..maybe 2.4p due to 9 for 10 consolidation?
IF DIVI IS 3.2P surely we should be trading at 40p as even then we would yield 8pct which imho is quite safe?

[grollfam] 01/12/2012 10:47

The dividend will be 3.2-3.3p......conversion to a REIT will only be once the SA Reserve Bank gives permission to allow the shares on the SA and UK register to be fungible .....

[jacks13] 01/12/2012 10:05

There was mention, in the open offer document I think, of their applying for REIT status. I don't know whether they've made any progress with this but the tax treatment would result in an increase the dividend.

[patviera] 30/11/2012 21:29

esteen..ive not done the numbers yet but id be shocked if we get a divi of 3,97p with the increase in number of shares.I think we mustve gone into some kind of index with the volume today

[jacks13] 30/11/2012 19:34

Sharescope have a forecast dividend for 2013 of 2.82p and Stockopedia have 2.91p, no supporting information in either case.

[esteenfeldt] 30/11/2012 17:53

Further to my mail above,post 46,I have found a copy of the 2012 presentation of the year end results of the SA listed Redefine International RIN, in which prospective earnings per unit are suggested at 3.2p. My numbers above therefore appear to be optimistic, though I can't see where the calculations have gone wrong

[patviera] 29/11/2012 22:09

was divi 4.4p last year so with double amount of share in issue will be 2.2p?
so a yield of 6.3pct?
i like our holding in cmw
i think these should be 40p

[grollfam] 29/11/2012 14:08

Presentation of results was made by Mike Watters the MD of RDI....He was neutral, as he did not want to dissapoint, but has always underpromised & overdelivered, at least to SA investors.......

[danny500] 29/11/2012 13:51

quite right grollfam i was quoting peel hunts estimate. i certainly prefer the sound of 3.2-3.3p, how was the presentation, upbeat i guess.

[grollfam] 29/11/2012 13:34

2.8p is what Peel hunt are pencilling in....

I went to a presentation in Cape Town & The S A Company RIN put out a trading statement confirming 3.2p-3.3p guidance in Terms of JSE listing rules.....

[danny500] 29/11/2012 13:00

think youll find divi will be closer to 2.8p, still a good buy though

[grollfam] 29/11/2012 10:35

should pay out at least 3.3p next year...

Yielding close to 9,5% ...Still cheap.....

[patviera] 29/11/2012 10:01

whats the yield here?

[grollfam] 31/10/2012 14:58

Strong buying of 800 000 shares @31.4p by Controlling shareholder.....

Always a good sign.............

[danny500] 18/10/2012 07:54

hi jonwig, i did participate in the recent offer and im hoping management can reward its shareholders with a stonking good deal but realistically i think any discount would be seen favourably especially if as i believe the company wish to retain the portfolio.