Oh, go on then, I'll have a handful at 85.74p. Price does seem very weak though, so probably further to fall. Wish folk wouldn't keep putting temptation in my way. I blame that Skyship...mutter...grumble :-)) |
No indeed. Discount only 15%; but the stock has always enjoyed a slightly higher rating than many peers due to its consistent 8p/annum dividend - paid every year since IPO nearly 9yrs ago.
I've bought for the likely swing back up toward 100p - see chart in 1536 above. |
Not as big a discount as you usually go for Skyship??? |
Hitting the Q4'22 lows. On offer below 88p for a 9.1% yield.
Added a few more, though only a few as pretty fully invested in my SIPP. |
Just a different observation:
free stock charts from uk.advfn.com |
The couple of CVA's causing the divi to be uncovered again won't have helped. They'll no doubt try to maintain it indefinitely as per usual, but no one can say they weren't warned, if they did cut it. Plenty of commentary in every release about it.
One of the better REITs tho - perhaps they should bid for something. I hear API's for sale. |
Just an observation :- |
Alex was running the show at the time |
You ask anything behind the fall?
Investment manager Laura Elkin gone on maternity leave! 😀 She's done it before without problems; so unlikely to be a true reason for current weakness. |
Averaged down at 89.56p - c90p inc SD. Discount at 13%; yield at 8.9%. |
anything behind thus fall
sub 90?
its looking like time to add more |
@grahamnash re ~1527 its gone down....
Seriously these have shown significant resilience and the manager has certainly been very adept at well time sales and acquisitions so one to trade in / out of as Sky has above by the looks of it. |
Bt in @ 92.7p; that's 93.2p inc SD. Disc. @ 10%; Yld @ 8.6%. |
Does anyone have any thoughts on how the recent decrease in NAV might affect the share price going forward? |
The 2023 see-saw price action suggests BUY low 90s; SELL @ 100p |
Or:
Prospective lettings at three void units: the former Wilko at Union Street, Bristol; the former Mecca Bingo at The Railway Centre, Dewsbury; and the former Sports Direct at Barnstaple Retail Park are advancing well. The re-letting of these units are expected to have completed during the first half of this calendar year, further improving income streams and mitigating the incurrence of void costs, albeit with associated tenant incentives suppressing earnings potential over the short term. |
Or:
"EPRA earnings per share have been negatively impacted by 0.28 pence due to two tenants entering administration during the period.....The Company's portfolio saw a like-for-like valuation decrease of 1.59% during the quarter, symptomatic of subdued deal flow in the UK commercial property investment market. " |
Healthy update.
We are pleased to report relatively stable earnings for the third consecutive quarter, as the Company's programme of investing capital in high yielding assets in core urban locations, combined with asset management transactions, continues to sustain income streams and mitigate void costs. Earnings have been maintained by several key rent reviews settled during the quarter, most notably at both of the Company's more recently acquired assets in Bath. Upcoming lease events, in particular at Central Six Retail Park in Coventry, should enhance earnings going forward. |
No pun intended but this RNS is only half the story with full financial info not presented. SREI did same yesterday but at least had a hyperlink to the detail. AEWU say look at webpage put as of now the full report still hasn't been uploaded. On a positive you can never fault their full transparency on the portfolio. |
Bought a few at 94.6p. Disappointed at having to pay 0.5% Stamp Duty!
Discount only 10.8%; but better than a bond as yield of 8.46%.
Not expecting any growth in that 8p dividend however. It is slightly uncovered; but secure, as they always top-up from capital gains if required. They've paid the same 8p for the full 8yrs since IPO. |
Thanks eeza. |
Tipped by Simon Thompson today. |
AEW UK REIT plc is pleased to announce that Laura Elkin (Portfolio Manager) and Henry Butt (Assistant Portfolio Manager) will provide a live presentation relating to the three-month period ended 30 September
2023 via the Investor Meet Company platform on Tuesday 24(th) October 2023 at 10:00am .
The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 09:00am the day before the meeting or at any time during the live presentation.
Investors can sign up to Investor Meet Company for free and add to meet AEW UK REIT plc via :
Investors who already follow AEW UK REIT plc on the Investor Meet Company platform will automatically be invited. |
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