Aew Uk Reit Share Discussion Threads

[chucko1] 20/1/2022 10:41

Yes, AIRE appears to be in its own private universe. Seems happy there.

[skinny] 20/1/2022 10:27

Yes AIRE is frustrating - I bought in Feb 2020 and Nov 2021 AV 72p - which is where it (still) is.

[chucko1] 20/1/2022 10:17

I have AIRE (remarkably quiet, recently) but not the other two. No particular reason why not!

[skyship] 20/1/2022 10:11

chucko - yes, I believe I am one of those making that mistake with AEWU. Still, so many other ones to play. I hold your BREI, EPIC & SREI; but also AIRE, HCFT & MCKS.

[jt58] 20/1/2022 10:07

Thanks for your comments. Everything comes with a risk and I am spread across a mix of these property REITs so not overly concerned at this moment. With an increasing NAV here and inflation at current levels return more than offsets the risk.

[chucko1] 20/1/2022 08:43

Over the past 12-18 months or so, there has been ongoing concern about the "payability" of the dividend. To me, from the manner in which assets have been sold and bought, and also from the concrete statements from the management, the dividend being paid at 8p has never seriously been in doubt.

It is manifestly affordable. Perhaps not always covered by cash, but clearly that is because they have been constantly recycling, and to significant shareholder benefit. What would shareholders prefer? To be 100% invested in perpetuity but lose the benefit from certain realisable makrket gains and development opportunities?

I expect that some potential investors have talked themselves out of buying AEWU at much lower prices owing to this dividend misconception.

That said, I prefer certain alternatives right now as I see AEWU as being rather keenly priced for the relative risk. SREI, BREI and EPIC for instance. And SUPR still cheap for the very low risk.

[jt58] 20/1/2022 08:09

Any concerns over the divi if now being covered by rental income over several quarters?

[cwa1] 20/1/2022 07:37

Very solid and satisfactory stuff

[lord gnome] 20/1/2022 07:24

Excellent update. What a solid investment this is. Great income stock.

[panshanger1] 22/11/2021 18:02

Me too 'What Investment' does ( I think )a quarterly I/T supplement and some monthly coverage but not as good

[spangle93] 22/11/2021 17:11

The one I miss is Money Observer, because with its demise there is no other journal that focuses on ITs or other collective investments

[kenmitch] 22/11/2021 17:06

Again half agree! Yes he’s got it nicely set up with that initial immediate big mark up. But there’s also no denying the very high success rate year after year for his bargain portfolio. Next one to get the ST treatment could be Pelatro after their news today.

[skinny] 22/11/2021 16:40

The fact remains that's a new ATH with volume @114p.

[spectoacc] 22/11/2021 16:37

Tbf I'm often grateful for his tips - a chance to sell into them.

But he's got it nicely set up where he could mention anything and it'd go up inititally.

[kenmitch] 22/11/2021 16:36

Agree that ST tends to ramp, but hard to argue against his overall success rate.

[spectoacc] 22/11/2021 16:04

Enjoy the IC. Quite enjoyed them tipping AVON as a buy a week before it halved recently :))

Can't abide ST, never been able to: Sir Rampalot. Serious doubts about John Barron MP too. IC now has a lot of "Buy my book/subscribe to my website/courses/follow my tips".

Chris Dillow has some interesting things to say but can't escape his leftism/Corbyn leanings.

But they analyse some companies I might otherwise have missed, and some of the personal finance/tax stuff is useful.

Agree there's been some funny goings-on recently tho.

[petewy] 22/11/2021 15:56

Kenmitch: I agree with you totally on every point. I can go back 50 years. I cancelled two weeks ago and the burden of it dropping thru my door and wading thru it is gone.

No one has asked me why I cancelled my subscription

[ramellous] 22/11/2021 15:34

It’s moved now lol

[kenmitch] 22/11/2021 13:58

Not surprised that there’s no share price increase following the ST tip, as it’s now fully valued.

I agree about Investors Chronicle. I’ve subscribed for over 30 years but the quality is the lowest now it has ever been. So many top writers and the Editor have gone. Have a hunch there has been a lot going on behind the scenes there, and no good reasons (or thanks) have been given for the sudden disappearance of the Editor or the others.

Simon Thompson, John Rosier and John Barron (for Investment Trusts) are the only reason I’m still subscribing, and of those 3 only ST is regular contributor. Much of the Magazine is deadly now. e.g the awful “on the one hand” and “on the other hand” and “just buy Trackers” Chris Dillow is now given increased space for his weekly waffle.

Wonder if they will soon be dropping the print edition? Also it’s infuriating that subscribers were asked to pay more for their relatively new Alpha feature. I thought that a cheek so won’t subscribe on principle, and hence haven’t read the full ST AEWU update.

[petewy] 22/11/2021 10:08

So much for ST's boost. hasn't moved

[petewy] 21/11/2021 11:06

I cancelled my IC subscription after 50 years of reading it. Too much gobbledeook.

[skinny] 21/11/2021 08:37

Thanks for the link Kenmitch - I've posted on the thread.

[kenmitch] 20/11/2021 21:28

Arguably it’s far too late ST cottoning on to AEWU. AEWU is by far the best performer in my own REIT portfolio (up 70% and 100% if including dividends). Best of the others is SERE up just 43%. And AEWU once big near 40% discount has gone to small premium. Meanwhile others on similar dividend yields are still at sometimes double digit discounts:-



I’m happy continuing to hold AEWU as the near 13% dividend yield (if held and they managed not to cut it last year) at my buy price itself justifies holding even with little if any further share price gains. But monthly dividend payer EPIC, with another dividend increase likely very soon, looks a better buy if opting for one now.

[skinny] 20/11/2021 12:35

I believe yesterday's 112.60p was/is the all time high.