Share Name Share Symbol Market Type Share ISIN Share Description
Civitas Social LSE:CSH London Ordinary Share GB00BD8HBD32 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.50p +0.45% 110.50p 110.00p 111.00p 111.25p 110.25p 111.00p 279,427 16:35:19
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment Trusts - - - - 386.75

Civitas Social Share Discussion Threads

Showing 31526 to 31548 of 31550 messages
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DateSubjectAuthorDiscuss
30/10/2017
09:42
tiltonboy...thanks for clarifying that point.
henryatkin
29/10/2017
18:42
That's correct, thanks for clarifying. However I note that the company quickly saw a c.10% uplift to its nav once it was fully invested, which suggests they are able to source properties at a discount to their market value.
riverman77
29/10/2017
17:24
Incorrect. They do not convert on 1:1, but on a ratio to their respective NAV's.
tiltonboy
29/10/2017
14:24
Little different to a placing at 10% discount with a fixed 3% yield until converted to ordinary shares where the company aim for 5% yield. Conversion will be no longer than 12 months. So at constant NAV there is between 13% & 15% gain to be had over the next twelve months. Interesting.
henryatkin
19/10/2017
08:25
No I don't see it, taudelta1. Net Asset Value As at the close of business on 30 September 2017 the unaudited NAV of the Company was 109.8p per ordinary share.
davebowler
28/9/2017
09:09
The c shares will convert at their nav to co nav, i.e. par to co nav. Unless there's a significant upward revaluation of the properties already acquired (unlikely), the co nav will be close to 100p, so conversion will be at 100p approx ... therefore there's a big incentive to take up the issue as you are getting in at 100p rather than paying the market price of 111p ... so given the size of the issue, won't be surprised to see some downside drift ... IMHO .. please say, somebody, if I've got this wrong ... GLA
taudelta1
28/9/2017
08:16
So another 350mill possible through 'c' shares
badtime
16/8/2017
09:07
HTtps://masterinvestor.co.uk/funds-and-investment-trusts/specialist-property-funds-provide-inflation-linked-income/?utm_source=Daily+Bulletin&utm_campaign=97bc03e469-Daily_Bulletin_20170815&utm_medium=email&utm_term=0_25eff0bb7f-97bc03e469-34956193
davebowler
14/8/2017
21:36
Have you gone for Triple Point as well?
badtime
08/8/2017
15:20
Similar Triple Point trades today HTtp://uk.advfn.com/cmn/fbb/thread.php3?id=41525218
davebowler
04/8/2017
08:44
Liberum; Triple Point Social Housing REIT £200m IPO Event Triple Point Social Housing has raised gross proceeds of £200m through an initial public offering; the company will list on Specialist Fund Segment on Tuesday 8 August. The portfolio will focus on supported housing assets (c.80%), which are subject to inflation linked, 20-25 year fully repairing and insuring leases. The portfolio will comprise both operating assets and forward funding of developments with a net initial yield between 5.5% and 6.5%. Forward funding investments will provide enhanced returns but will only be considered in circumstances where a lease agreement is already in place. The company has agreed to acquire a seed portfolio of five supported housing properties with a purchase price of £17.9m net initial yield of 6%. Following full deployment of the proceeds and the application of gearing the company targets a dividend yield of 5% (on issue price) for the year ending December 2018; the dividend will increase annually with inflation. Liberum view Triple Point has an immediate peer in Civitas Social Housing, which also focuses on supported housing for vulnerable adults. However, Civitas does not take any forward funding risk. Civitas has traded at a premium to NAV since launch (currently 4%) demonstrating the perceived attractiveness of the social housing strategy. Given that provision of supported living and adult social care has been hit particularly hard by local government funding cuts, which show no sign of meaningfully abating, it was inevitable that private investment in the sector would increase to meet demand. Non-specialist funds, such as GCP Infrastructure and GCP Asset Backed Income Fund, have also started moving into the social housing/supported living sector (on the debt side) in the past c. two years.
davebowler
24/7/2017
12:58
Similar one to this is imminently floating called Triple Point REIT.
davebowler
03/4/2017
16:32
Took a nibble today
badtime
22/3/2017
22:26
Ignore that question ...i've resolved to be less lazy and google! 5% initial target
badtime
22/3/2017
22:23
Have they indicated div policyTIA
badtime
23/2/2017
15:02
I hold. Seems like a relatively safe and steady investment with potentially a decent return. The leasebacks are on inflation adjustable terms, so that provides a measure of comfort too. DYOR.
stonesfan
23/2/2017
12:15
Is there no interest in this ?
haroldthegreat
23/11/2016
15:06
I bought this stock virtually at 8 September 2009 on bullbearings.co.uk which is where I practice trading without really trading for real. The price I bought it for was 0.9p. Now it's shot up to the price it is, sold it for 104.25, I've made an amazing virtual profit. I've been virtual trading for years and I've certainly learned a lot about trading with this stock. Of course I don't do it for real because it's just too risky. I do think the conversations about this stock is being rather quiet considering it's performing so well at the moment. Shareholders could be rolling with happiness.
dbesim1
14/7/2012
08:32
hi, just started wres thread. will add to it this weekend
jtsbrown
13/7/2012
13:31
Let us know when done, thanks. JJJ.
jojo_jo
12/7/2012
10:49
Hi Koorb - I will create a new thread for WRES - a bit more constructive than this one unless someone else want to do it instead -
tomboyb
12/7/2012
07:40
Shiny new website - http://www.wresources.co.uk/
koorb
11/7/2012
09:36
http://eon.businesswire.com/news/eon/20120710005704/en/tungsten/gold/silver GTSO: Why Tungsten Is Rarer Than Rare Earths July 10, 2012 05:03 AM Eastern Daylight Time
tomboyb
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