Assura Share Discussion Threads

[cwa1] 31/5/2022 07:19

Notice of Dividend Assura plc ("Assura" or "the Company"), the UK's leading primary care property investor and developer, today announces that the next quarterly interim dividend of 0.78 pence per share will be paid on 13 July 2022 to shareholders on the register on 10 June 2022 (the "Record Date"). The Ex-dividend Date will be 9 June 2022.

[steve3sandal] 25/5/2022 07:13

Thanks alter ego.

[alter ego] 24/5/2022 21:37

Steve3sandal, you ask why vote down a jonwig post. Some ime ago there was another poster called johnwig not jonwig. He angered some holders of a Woodford fund and they appear to have missed the spelling difference. I may be wrong but it how I explain it. The real jonwig provides very worthwhile posts.

[topvest] 24/5/2022 15:06

Good results. Assura seems to look after about 10% of the population now which is pretty impressive. The debt cost of 2.3% is super. I'd like to see a small equity raise to keep the LTV down.

[km18] 24/5/2022 12:07

Assura PLC is regarded as a real estate investment trust and primary care property investor and developer. As a result, the firm is specialised in portfolio management and property development, given that the group currently owns 625 modern primary healthcare properties. Given the diversified funding structure, the group optimised rental income to £126.5m from £112m in 2021, leading to a profit hike of 43.9%, from £108.3m to £155.8m. Considering the growing portfolio of properties, earnings per share and assets under management leapt significantly. This plausible market news was reflected on the firm’s P/FCF of 23.9x, signifying that the corporation is able fund its activities effectively. The sudden surge in profits and rental income was incorporated into the P/S of 15.71, which is above most peers in the REIT’s industry. https://wealthoracle.co.uk/detailed-result Keep up to date with WealthOracle AM

[steve3sandal] 24/5/2022 11:25

Jonwig, well done. I did the same, though some of my gift horses bite me. On that subject why would someone vote down jonwigs post? You’ll probably do the same to mine now but I’m too tired care. Onwards and upwards.

[badtime] 24/5/2022 10:55

Thumbs up from me

[american idiot] 24/5/2022 07:48

Excellent set of results..... Another strong year delivering portfolio, earnings and dividend growth -- Passing rent roll increased 12% to GBP135.7 million (2021: GBP121.7 million) with WAULT maintained at 11.8 years -- Profit before tax grew 44% to GBP155.8 million (2021: GBP108.3 million) with EPS up 37% at 5.6p (2021: 4.1p) -- EPRA earnings up 14% to GBP86.2 million (2021: GBP75.4 million(1) ) and EPRA EPS of 3.1p (2021: 2.8p(1) ) -- Portfolio value rose 12% to GBP2,752 million (2021: GBP2,453 million) and Net Initial Yield ("NIY") at 4.48% (2021: 4.58%) -- Proposed 5.4% increase in the quarterly dividend to 0.78 pence per share

[jonwig] 24/5/2022 07:39

All good. Makes the February down-spike all the more puzzling. (Though nice to take advantage of it!)

[cwa1] 24/5/2022 07:37

https://www.investegate.co.uk/assura-plc--agr-/rns/assura-full-year-results-2022/202205240700054969M/ Jonathan Murphy, CEO, said: "Assura has delivered another year of significant progress, maintaining its strong financial performance and making a positive contribution to the local communities in which it operates. "We have grown our high-quality portfolio to £2.8 billion, progressed our ambitious development pipeline which stands at over £500 million and expanded our offering through working with NHS Trusts, independent providers and making our first investment in Ireland. Supported by our successful bond and equity raises ‒ with accelerated use of proceeds ‒ we have continued to deliver critical new capacity for community healthcare and fulfil the ambitions of our extensive SixBySix social impact strategy. "With the UK's healthcare estate lacking the critical buildings and facilities to tackle the growing backlog of treatments following the pandemic, we know the development of modern, integrated, and high-quality primary care space is a key enabler in reducing this pressure. This area benefits from cross-party political support and Assura is committed to making a significant contribution - all the while accommodating for key emerging trends, including hybrid GP appointments, the requirement for mental health support, and digitalisation. "As the NHS seeks to become the world's first net-zero carbon health system, Assura has continued to roll out initiatives to deliver its strong sustainability plans that support all stakeholders over the year. "Against an uncertain economic backdrop, Assura's steady and reliable business model, strong balance sheet and differentiated market position means it is extremely well positioned to continue growing and delivering shareholder value. We remain confident in Assura's outlook for the coming year and beyond".

[cwa1] 16/5/2022 17:11

16 May 2022 Assura plc Change to year end results announcement date Assura plc ("the Company"), the UK's leading primary care property investor and developer, announces that its results for the year ended 31 March 2022 will now be announced on 24 May 2022 and not 18 May 2022 as previously stated. The Group's auditor (Ernst & Young LLP), who were appointed as auditor at the AGM on 6 July 2021, have requested additional time to complete their internal review procedures in their first year. To date, the auditor has not raised any issues to management in respect of the accounts or corporate governance processes. The Group confirms that EPRA EPS and Net Tangible Assets per share for the year ended 31 March 2022 will be modestly ahead of consensus estimates (which are set out on the Group's website) following another year of strong progress. - Ends -

[jonwig] 12/5/2022 07:28

FY results 18/05. Presentation at 11:00 here: https://webcasting.brrmedia.co.uk/broadcast/625e82ca841dd838fd0be3a3 On 09/06, another: https://www.investormeetcompany.com/assura-plc/register-investor Both look to be unrestricted.

[goliard] 11/3/2022 13:02

Possibly the idea that prolonged Ukraine conflict and sanctions means a big economic hit to UK and interest rate rises become less likely so safe yield back in vogue.

[cwa1] 10/3/2022 15:13

Hard to fathom the share price of AGR but not complaining currently...

[badtime] 10/3/2022 13:25

Gd recovery in share price ..even up on ex div day

[badtime] 05/3/2022 16:32

Actually since the turmoil in Ukraine started it's recovered a little poise

[spoole5] 03/3/2022 15:28

Like a falling knife this

[cwa1] 03/3/2022 07:14

3 March 2022 Assura plc Notice of Dividend Assura plc ("Assura" or "the Company"), the UK's leading primary care property investor and developer, today announces that the next quarterly interim dividend of 0.74 pence per share will be paid on 13 April 2022 to shareholders on the register on 11 March 2022 (the "Record Date"). The Ex-dividend Date will be 10 March 2022.

[jonwig] 21/2/2022 17:44

Mine was one of them - but not that one!

[cwa1] 21/2/2022 17:39

26.5 million traded today. With one trade over 9m alone. Chunky

[jonwig] 20/2/2022 16:45

Thanks Tole. (A link?) Based on quarterly 0.74p yield is now 4.8%. Markets could dive based on geopolitics (ie. war) but there are still fundamentals at the back of this.

[tole] 20/2/2022 15:43

My favourite penny stock to buy right now for incomeRupert Hargreaves | Sunday, 20th February, 2022 | More on: AGRPiggy bank group pastel color background Image source: Getty ImagesMy favourite penny stock to buy right now is also an income champion. What's more, while it qualifies as a penny stock, the company has a market capitalization of £1.6bn. This suggests the business has fewer risks than smaller enterprises, which usually fall into the penny share bracket. The company I am talking about is Assura (LSE: AGR). The corporation is a leading primary care property investor and developer. It owns an expanding portfolio of 634 properties in the healthcare sector across the UK. Defensive sector Healthcare is one of the most defensive sectors on the stock market. Property is also generally considered to be a defensive sector. The healthcare property sector combines the benefits of both. Most healthcare facilities are constructed to a specific standard, and they are let on extended leases to providers such as the NHS. With its steady, predictable income stream from the property portfolio, the penny stock has become an income champion over the past five years. At the time of writing, the stock supports a dividend yield of 5%. The payout has grown at a compound annual rate of 5% over the past six years as the company has increased the size of its property portfolio and expanded the rent roll. Assura's management plans to grow the portfolio further over the next couple of years. It has a development pipeline of 22 new schemes, and £71m of portfolio acquisitions were being negotiated at the beginning of the year. As the company has expanded, it has relied heavily on shareholders to provide additional capital. The average number of shares in issue has increased from 1.3bn in 2016 to 2.7bn. This dilution means that as the enterprise has increased the value of its portfolio by around 100% over the past six years, book value per share has risen by just 26%.The potential for further dilution is a significant risk facing investors. The company also has around £1bn of debt. The cost of this debt could increase with higher interest rates. Penny stock buy Despite these challenges, I think the healthcare facilities provider is one of the best investments to buy now for my portfolioIn fact, I think the business has fantastic potential over the next decade. Healthcare spending in the UK is only going to increase.The government has already laid out plans to open up more healthcare facilities across the country to deal with the current NHS backlog. This presents a fantastic opportunity for the group to acquire and build new facilities to meet the demand from the health service.With demand for these facilities set to grow in the years ahead, it looks as if Assura's dividend payout can continue to rise over the next decade and beyond. Considering its income and growth potential, I would be happy to buy the penny stock.

[essentialinvestor] 18/2/2022 17:32

Is this not just the new normal with a longer term rising rates backdrop? That's why the NAV premiums are disappearing.

[steve3sandal] 18/2/2022 17:02

Nothing wrong with PHP results this week but AGR NAV premium has all but disappeared on an average of the various metrics. I’ve topped up again this afternoon at 60.something a full 3p below my last top up a week ago! Huh!