We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Abrdn Property Income Trust Limited | API | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.21 | 3.09% | 7.01 | 12:41:22 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 7.09 | 6.73 | 7.09 | 6.80 |
| Industry Sector |
|---|
| EQUITY INVESTMENT INSTRUMENTS |
| Top Posts |
|---|
Posted at 27/9/2024 09:10 by mindthestash Best wishes but I'm sure the board are sowing confusion among themselves and their advisors running up the clock. It's a brave investor that assumes there will be anything left by the time the land deal completes.OK. Nuff said. I really need to move on! |
Posted at 27/9/2024 06:48 by mark5man If its all completed by end November that would be a 10% share price return already from my purchase in August and nearly a further 10% from the liquidation and dividends since. I'm not that active as an investor and I think that return meets my needs very well so unless the price rallies much closer then I will wait until liquidation |
Posted at 09/8/2024 05:44 by spectoacc "But still think it’s going to be hard for any board to recommend a sale at less than a c10% discount to NAV."Agreed, arguably confirmed by their incentives. They'll be quietly marketing the properties individually - being sent around endless valuers/surveyors/in Fingers crossed. |
Posted at 16/6/2024 08:32 by skyship Phayre-Mudge at TRY a busted flush IMO. His crass decision to be a cornerstone investor in the abortive Special Opps REIT says it all.API has a quality portfolio; and if, as ever, there are 2-3 properties needing to be shifted at the end of the process - well, there is a price for everything and a 15% SALE discount will suffice to wrap things up. |
Posted at 29/5/2024 15:51 by pavey ark I would also add that the first £100m+ of disposals would go to paying down/off the debt and this is at a greater rate than the portfolio yield so the dividend would continue.In my calculations I have a realised price after expenses of close to 70p (I don't accept that the current 76P NAV is a full figure) and a dividend payment of 4p to 5p depending on the speed of the disposals. A 40% even 50% return is possible but "you pays your money you takes your chance" There may be ways to increase these percentages further given the skittish/short term outlook from some investors.....as we have seen today.....but you could reduce these returns if you get things wrong !!!??? |
Posted at 28/5/2024 16:05 by pavey ark John Baron is a long time investor in API (unlike some here)and values the quality of the management and the quality of the assembled portfolio (unlike some here).As I pointed out before it is entirely rational that Baron , a supporter and investor in ITs , doesn't want to see his choice reduced. I have been a frequent investor in API and even though I have recently built up an even larger holding at a total of c.50p I would not have been that bothered if the vote failed..........howe (I didn't vote either way) |
Posted at 04/4/2024 10:04 by giltedge1 Sold API 0.50 & UKCM both at about 8% profit 1 year & transferred 50% to SHED & holding 50% for a Global fund, Just don't like uncertainty, silly thing is shareholders wanted merger but many are senior retail investors & not sure how to vote, or voting made difficult. Have a big holding in other REITs so over weight anyway. |
Posted at 03/4/2024 19:06 by nickrl In principle i get the wind down should realise in excess of the current share price but outside of small(ish) investors the big boys still don't seen any value in hoovering up a decent holding and just parking it for the payback? Guess this is just an indication of how unloved this sector is now to the so called professional investors/wealth mgrs. |
Posted at 02/4/2024 08:44 by dr biotech I couldn't easily vote either. Some platforms are better than others. API has a lot of smaller investors so it was always possible that one or two of the larger holders would be able to disproportionately affect the vote and thats how it turned out. Hopefully a larger vote to to wind it up.A couple of decent sales at CREI this morning, although these had been previously flagged. Think I'll hold these for another 8-12 months. They should be able to flog off the best properties at close to NAV fairly quickly, giving rise to some over optimism, whilst the less attractive assets will take longer and sell below par. At least thats my theory. Will look for another REIT to house the cash. |
Posted at 01/4/2024 10:26 by pavey ark Yes always taken by the "opportunity cost"..."better value elsewhere"...I often wonder why people bother to post as they obviously spend their time (money) stepping effortlessly from one stalled lift to the adjacent, rapidly rising one.Here a few statistics/percentag Windup to pass c. 80% ("activist investors" voted against merger) Windup to produce 70p / share over say two years c. 80%( 20% compound) No windup: API continues with greatly reduced debt( very low LTV) , quality portfolio, excellent management and high yield. " but certainly unlikely to deliver the sort of returns I'm looking for" You were chasing CREI !!??? API has a very reasonable chance of returning 20% / year for two years ???!!! As I always say "you pays your money and you takes your chance" |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
