Aew Uk Reit Share Discussion Threads

[chucko1] 21/9/2020 19:52

Hmmmm - there are degrees of uncoveredness! This one is pretty close and recall that the large cash holding is a key factor in the shortfall. Yet we want these propcos to be really liquid at this point in the cycle (if this really is a cycle), so you have to weigh the significant liquidity against the slight shortfall in income. The value of cash in a market as volatile as this weighs heavy.

Liquidity has always had much more value than just looking at short interest rates. It buys other peoples' pain at a very cheap price.

On that note, I bought back a portion of what I had previously sold. I am not afraid to hold quite a lot of AEWU, especially as we slide back down the 70s.

[skyship] 21/9/2020 14:52

Getting tempted at 75p; but all indicators pointing to lower levels, so will wait and see. At 75p the discount is 19.7% and the yield an uncovered 10.67%.

[bg23] 09/9/2020 12:28

interesting update today. I also note St James' have re-opened their property funds for dealing today - i'd think that is a big positive for the sector

[skinny] 09/9/2020 08:43

" This positive momentum, along with our healthy capitalisation, led our Board to support the full payment of AEWU's target 2p per share per quarter dividend during
July and it is our hope that this positive momentum can be maintained going forward."

[lord gnome] 09/9/2020 07:47

Yes, very positive. That 10% yield looks as safe as anything can be.

[djderry] 09/9/2020 07:41

Very positive update.Happy to hold.

[essentialinvestor] 29/8/2020 14:56

Short term issue is the moritorium being extended again.

There have been calls during the week for a 6 month extension.

The longer this stays in place the more tempting it is for

tenants either not to pay, or to dictate their own % payments.

HMG needs to provide some longer term clarity.


If landlords have no redress or sanction options, it's arguably increasingly dangerous for the sector.

[skinny] 29/8/2020 13:29

Oh I see - HL have always paid it gross.

Either way, a nice change in these strange times!

[ramellous] 29/8/2020 13:26

ii sipp paid net then paid all reclaimed tax back once a year. I’m still waiting for my tax back for all the pids paid from last year.. in their isa they usually pay it back about 6 weeks after divi is paid out.. They’ve changing some fees from October but no mention about this change.. I’m pleased about it anyway..

[skinny] 29/8/2020 13:06

These are always paid gross in to my SIPP?

[ramellous] 29/8/2020 12:38

I got paid gross straight up in my ii isa. Also got paid gross for the monthly EPIC divi yesterday in ii sipp. Great stuff, had no messages about this change off them though..

[chucko1] 28/8/2020 15:04

Big dividend, too.

If ever there were a solid 10% yielder, this might be it!

[badtime] 28/8/2020 15:02

Nice to see a div hit the account

[spectoacc] 21/8/2020 15:38

All gone a bit quiet, not necessarily a bad thing.

[badtime] 03/8/2020 11:02

Lol...ye and in this climate rare for me

[skinny] 03/8/2020 10:42

A nice problem to have! :-)

[badtime] 03/8/2020 10:38

I'm up over 20% on paper plus div since buying during 'Covid' ..nice to have a bit of success ..although now I gave the distraction of taking a capital gain against continuing income ..ho hum

[hugepants] 30/7/2020 11:58

The "something else" is the Questor tip

[chucko1] 30/7/2020 11:29

If this is the start of a buy-back, it is being executed pretty recklessly. 80.60 is trading now, which is 82.6 in old money. just over 10% in a day when the overall tone is pretty poor.

If it is something else, it's still pretty frantic.

[loobrush] 30/7/2020 10:52

Still cheap in my view with this sort of divi about-better than cash in the bank.
Have been holding these for a couple of years and intend to keep holding for at least a couple more.

[2wild] 30/7/2020 10:31

Cheers Lord Gnome.

I thought this morning's rise maybe because they had started share buy-back program. Given they had authority prior to commencement of trading last Thursday morning, when they could have started buying at 72.9p, Liberum are now looking incompetent.

[spectoacc] 30/7/2020 10:07

MMs certainly enjoying it, selling some decent retail blocks in late 70's, bidding all of 76.75p.

[chucko1] 30/7/2020 08:40

AEWU is clearly still cheap. Trying to time it on ex-div is not a winning route as compared with earning dividends constantly and buying in the 80s, 70s, 60s and high 50s on others' fear and ones own convictions. There are some other good risk/rewards in the REITs area, but I do not see any better than this.