Assura Share Discussion Threads

[hope1815] 21/5/2024 07:20

Well 3 Brokers, joint partner, increase in Dividend, Rent increase. It seems AGR has a bit more cash on the balance sheet always good.

On the Comment cash on the balance sheet

RNS -Assura & USS announce £250m joint venture Paragraph 6-

"The transaction will further strengthen Assura's balance sheet"

Happy Investing

[spectoacc] 21/5/2024 07:20

Interesting JV. They'll only have 20% of it, but get fees for managing.

Assets transferred in are at a slight discount, but the £85m when spent is bound to be accretive, or else why do it.


"Assura will retain a 20% equity interest in the JV and act as property and asset manager, receiving asset management fees linked to the valuation of the portfolio."

[panshanger1] 15/5/2024 09:52

Healthy volume today

[catch007] 15/5/2024 09:17

Rates will imho move lower on a graduated basis probably in increments of 0.25%, my guess to circa 4.5% by year end. AGR is debt hedged however a reducing interest rate environment does help the longer term outlook. I added a further tranche yesterday just over 42p with a target view of 50p which I do not believe is unreasonable.

[speedsgh] 13/5/2024 14:55

I reckon you'll be lucky to see them below 4%

[alotto] 13/5/2024 14:45

Interest rates will come down steadily but I bet will be no lower than 3% for the next 2-3 years as a minimum

[catch007] 13/5/2024 14:31

Results due 21st May. I am expecting to see further share price progression in AGR given interest rates are due to fall slightly soon and it is a very well managed company.

[orchestralis] 07/5/2024 13:30

Looking frisky

[blueclyde] 02/5/2024 19:26

Sure you had me filtered in the first place then unfiltered me two days later. You could tell the share is being accumulated because you could see the trades being accumulated by the algorithm it is obvious. As I said accumulation RNS came a couple of days after I pointed it out.

[goliard] 02/5/2024 13:42

Unfiltered Blue but regretted it. However, just to help a little, you do realise that anyone purchasing 2.5% of a company would not just go into the market and hoover up all the shares? What they do is speak to other holders via brokers and agree to purchase from them at an agreed price. They do that exactly because it does not move the share price up and cause them to overpay. You also need to realise that whilst they bought 2.5% of the company "without moving the price", someone else sold 2.5% of the company... also without moving the price. So what you have is a matched trade with 1 buyer and 1 or more sellers. Once you understand how this works you can let go of conspiracy thoeries and "they" and it will feel much better.

[blueclyde] 02/5/2024 08:00

Managed to increase by 2.5% to now own 10% of the company without moving the price. Now you know who they are and the clowns on this board who couldn't spot what was happening...

[orchestralis] 01/5/2024 14:58

Blackrook increased

[blueclyde] 29/4/2024 22:11

Nah not a Brexit voter. Look at the trades today. One of the biggest volumes of the last three years with a trade of 1.7 million done. You think that went through in one shape???

[goliard] 29/4/2024 20:54

He is a fool who probably believes in chemicals being sprayed in the sky and COVID was a hoax. Just filter Mr(s) Blue.

[alotto] 29/4/2024 16:44

Blue how can they hold the price and who is "they"?

[blueclyde] 29/4/2024 16:08

Looks like they are holding the price down to fill some massive orders.

[panshanger1] 26/4/2024 12:48

Decent volume today

[orchestralis] 24/4/2024 12:28

Took a small position this morning and with php

[spectoacc] 24/4/2024 06:48

What if you're an equity fund manager suffering withdrawals, as they all are (c.34 consecutive months of money leaving the market), & you hold AGR already?

Other than small political risk - and further out, interest rate/debt risk - AGR looks a gimme to me, certainly around 40p. For income, rather than much capital growth - ZIRP is dead.

Good luck holders.

[blueclyde] 23/4/2024 23:00

Surely if you are an equity fund manager you should be loading up on an 8% yield that can double back to its all time high? The dividend grows each year also which gives it another wind.

[cwa1] 23/4/2024 16:46

Large volume today

[cwa1] 17/4/2024 16:47

Respectable closing auction with 3.7M shares changing hands at 40.02p

[spectoacc] 17/4/2024 16:04

Agreed, were loads available, & is AGR below 40p good in isolation, when there's bargains galore.

But happy to have some again down here.

[cwa1] 17/4/2024 16:03

Oh go on then, put me down for a few too :-)

I've been waiting for sub 40p for a little while now, so suppose I have to take some now!

Though like many, many, others they seem a weak market with boatloads of sellers, so unlikely to be much forward progress any time soon

[spectoacc] 17/4/2024 15:46

Below 40p is a gimmee for me, put 150k into Junior ISAs.

Good luck holders - AGR never going to shoot the lights out (broker targets seem to be around 51p) but shouldn't get cursed on my deathbed either.