||EPS - Basic
||Market Cap (m)
|Real Estate Investment Trusts
Regional REIT Share Discussion Threads
Showing 51 to 73 of 75 messages
|Don't see too much wrong with RGL but personally I'm in far too many property ITs already. The gearing of over 40%, & loan cost of c.3.5%, would put me off a little, as would the recent purchase from CIC. I'd probably be in RGL for the income/slight NAV discount if not for picking the likes of KWE, PILR & AEWU ahead of them. AEWU in particular has lower gearing and higher yield (though no discount - frequently trades at a premium. Is also in the trashier end of industrial, but with only 20% gearing).
RGL seem to spend a lot on capital expenditure - not necessarily a bad thing but needs considering alongside "we bought at 9% and sold at 6.5%".|
|I have had these on the radar as an income stock; however I see the fall on results and have had a scan through them.
One point would be a complete change with regards to property expenses and admin costs,
Lots of management fees now with barely any in the previous year.
This looks like a lower profitability model?
|Just swapped out of CREI and back into RGL. CREI above NAV, RGL below NAV. RGL offering higher yield. Higher LTV with RGL, but still looks to be a good deal and I regard the two as decent alternatives.|
|Nearly all small sales today! Cant see why. Dividend raised and potentially a reasonable purchase. Ive probably missed something but Ive been buying.|
|And today - a sizeable acquisition from Conygar.|
|Thanks @Sky. Have held a few of those tho currently in none of them. Do like some of the property co's & ITs tho - got KWE, UKCM, SREI & PILR.
Find premiums offputting; takes only a small drop in capital values for a geared propco's NAV to fall sharply. Also wary that some (eg AEWU) paying out more than they're earning even tho we're still in the good times.
Keen on regional "smallbox" as typified by (the highly illiquid) PILR, & have been in/out of BBOX too. Not keen on office or South East. In UAI too, so maybe my property exposure's already a bit high.
But whilst not screaming value, the whole sector seems unreasonably unloved - particularly compared to eg infrastructure trusts. Economy & interest rate risk, but the one should tick along and the other do very little.|
|roughly four weeks to results - finals 18 feb last year|
|Trading Update and Q3 Dividend Declaration - HTTP://www.investegate.co.uk/regional-reit-ltd--rgl-/rns/trading-update-and-q3-dividend-declaration/201611170700093918P/
Details on the split between PID + ordinary non-PID payment on the Q3 dividend can be found on the Dividend Information >> Dividend History link on the Investors page on the company website.
Q3 dividend 1.75p of which: PID 1.6345p, non-PID 0.1155p|
|Bag a fully covered 7% yield with Regional Reit - HTTP://www.investorschronicle.co.uk/2016/11/03/tips-and-ideas/share-tips/tips-of-the-week/bag-a-fully-covered-yield-with-regional-reit-CUWbe6l07ush72Xdxex4zN/article.html [SUBSCRIPTION REQUIRED]
Since floating a year ago, Regional Reit (RGL) has made impressive progress towards its goal of paying a dividend of 7-8 per cent of its 100p float price as part of a targeted annual total return of 10-15 per cent. Indeed, brokers are already forecasting a fully covered 7.2 per cent payout this year...
...Regional Reit is well managed and has shown its ability to pick up assets with plenty of potential. Demand for quality office and industrial space outside London remains solid and, with a sector-leading dividend paid quarterly, the shares are a buy.|
|New Edison research note released today...
Active management for income - HTTP://www.edisoninvestmentresearch.com/research/report/regional-reit1/preview/|
|Q2 2016 Dividend Announcement and Interim Results Date - HTTP://www.investegate.co.uk/regional-reit-ltd--rgl-/rns/q2-2016-dividend-announcement-interim-results-date/201609010700136212I/
Details on the split between PID + ordinary non-PID payment on the Q2 dividend can be found on the Dividend Information >> Dividend History link on the Investors page on the company website.
Q2 dividend 1.75p of which: PID 1.5013p, non-PID 0.2487p|
|Edison Investment Research initiates coverage on RGL...
Regional REIT: Focus on regional commercial property income - HTTP://www.edisoninvestmentresearch.com/research/report/regional-reit/preview/|
|Hmmm still looks a little overvalued against other property opportunities imo|
my retirement fund
|Thanks Jonwig, had missed the end of May update, so apologies for posting the earlier out-dated figures (taken as at 31 Dec 2015).|
|Looking at latest statements:
• occupancy is 81% - a bit low;
• LtV is 40% (at 31 March) - a bit high, though not frightening;
• Weighted average lease length is under 6 years - a bit vulnerable to a sharp downturn;
• bank debts due in 2 - 4 year timeframe: a bit short.
• properties are secondary/tertiary quality. maybe that demands an extra discount in this climate.
• NAV 108p: discount probably warranted.
Not my cuppa.|
|No idea WirralOwl. The markdown certainly looks harsh and overdone. I have no position at present as Lady Gnome and I are in the middle of a protracted house move and had to raise cash. Once the deal unwinds, this will be top of my 'buy' list.|
|Anyone know why this has been hit proportionally harder than other REIT's such as CREI or EPIC? Last reported NAV I believe was 107.8p (so plenty of room for downside adjustments)Earnings of 7.7p will cover the target divvy and LTV is a reasonable 25.4%...?|
|Details on the split between PID + ordinary payment on the Q1 dividend can be found on the Dividend Information link under Investors on the company website.
Q1 dividend 1.75p of which: PID 1.3579p, non-PID 0.3921p
Would be helpful if they included this info in the text of the rns.|
|Trading Update/Dividend Declaration/AGM Statement - HTTP://www.investegate.co.uk/regional-reit-ltd--rgl-/rns/trading-update-dividend-declaration-agm-statement/201605270700074731Z/
First Quarter 2016 Dividend Announcement
The Company will pay a dividend of 1.75 pence per share ("pps") for the period 1 January 2016 to 31 March 2016. The dividend payment will be made on 8 July 2016 to shareholders on the register as at 10 June 2016. The ex-dividend date will be 9 June 2016.
It is the Company's current intention to pay three quarterly dividends at approximately this level in relation to the financial year 2016 and then a fourth quarter dividend to manage compliance with the 90% minimum REIT distribution requirement.
The payment of dividends will remain subject to market conditions, the Company's performance, its financial position and the business outlook.
Annual General Meeting Outlook Statement
At the Annual General Meeting of the Company that will take place today, the Chairman, Kevin McGrath, will make the following statement on the Group's outlook for 2016.
"Into 2016 we have delivered on our strategy and the commitments we made at the time of the Listing, of significant acquisitions, asset management initiatives including disposals and reducing the cost of our debt financing."
"We remain positive on the prospects for the Group in 2016, with a sustained growth in rental income and tight control of costs, accompanied by some further growth in assets and an active management of the portfolio mix. We see a strong underpinning for longer term NAV growth and returns to our Shareholders."|
|Yes got mine now...in two parts with a tax reclaim to come .
|nitnia, I received mine from selftrade on Friday (13th), so hoepfully you've got yours now too?
Part of the payment (0.6572p) was classed as a Property Income Distribution (PID), and taxed at 20% hence the payment was a little reduced. I'm expecting selftrade to claim back this tax and credit my account in about 6 weeks or so, as my shares are held in an ISA, so should not be subject to any tax charges on income streams/dividends etc.. I've dropped them a line to confirm this is the case.|
|Big fall on high volume today|
|I'm still waiting for my divi from selftrade.
Is it really possible that they haven't mandated payment of the divi to their client bank account ....and still wait for a cheque like 50 years ago !!!|