CT Property Share Discussion Threads

[nickrl] 19/12/2020 22:32

EI theres no deal and the richest part of the country is in lockdown tells me omens arent good but then market tends to go opposite way just i sense one my watchlist might come on the buy radar

[essentialinvestor] 19/12/2020 10:52

Without confirmation of a deal by Monday morning,
coupled with the growing threat of further lockdowns, would expect
the sector to be hit again. The reverse applies on a deal announcement.

Some cyclicals look dangerous atm because they are pricing in a rapid, linear
recovery. The reality may look a little different.

[skyship] 18/12/2020 16:43

I was watching too - looking at 58.6p; but decided to hold off over the weekend.

A good day for SREI.


free stock charts from uk.advfn.com

[essentialinvestor] 18/12/2020 16:34

Added some before the close.

[spectoacc] 11/12/2020 09:56

Same, once the MMs finally switched the machines back on.

[essentialinvestor] 11/12/2020 09:35

Added some.

[spectoacc] 02/12/2020 10:16

Fair point, but the retail alone you'd think would make 90% challenging.

If rent collection staying the same, can assume NAV won't be much different from the recent c.94p.

BREI not the best yielder but deserves to be higher than here IMO.

[hugepants] 02/12/2020 09:02

Nice dividend increase. Not surprised collection rates are so good given the portfolio is 44% industrial and has no leisure/hotel assets and only 10% high street retail.

Industrial 44.1%
Offices 30%
Retail Warehouse 16%
Retail Standard 9.9%

[1nf3rn0] 02/12/2020 07:32

36% increase in dividend just announced. Should get a bounce today.

[hugepants] 27/11/2020 13:21

yep 25%-35% looks about right to me

[frazboy] 27/11/2020 08:55

"I think they'll have to if they have to pay out 90%"

HP, what rise are you expecting? I've penciled in a 25% increase (from current levels), maybe inching up again the following quarter. The reason I'm not expecting a return to previous dividend levels anytime soon was the comment in the AR (page 6) about the dividend not being covered. Covid has provided the opportunity for a reset, maybe?

[hindsight] 24/11/2020 17:11

Thank you for the discount list Skyship. I was filled for few more at 58.6 and 58.2, we will see

[skyship] 24/11/2020 16:16

hindsight - looks as though 360k taken or at least traded at 58.6p. I've taken a few more at that level...

[hugepants] 24/11/2020 16:12

Due a dividend announcement. I think its the Q1 dividend? Will be interesting to see if they increase it along same lines as SREI. I think they'll have to if they have to pay out 90%

[skyship] 24/11/2020 15:52

BREI edited from 59.6 to 58.6...

[skyship] 24/11/2020 15:43

Herewith a few:

AIRE @ 65.0 - 26.1%
BCPT @ 73.5 - 37.1%
BREI @ 58.6 - 38.2%
MCKS @ 209 - 33.2%
RGL @ 83.0 - 19.1%
SREI @ 38.2 - 34.1%

[hindsight] 24/11/2020 14:50

396k @ 58.8, not saying its a bad thing

How does the discount look vs other on your spreadsheet now ?

[skyship] 24/11/2020 14:32

Hmm - I was thinking of adding to an underweight position - may hold off.

hindsight - could you disclose just how big and at what price on offer...

[hindsight] 24/11/2020 14:01

Big seller on the book

[skyship] 06/11/2020 13:47

A bit more work to be done then :)

[hindsight] 06/11/2020 13:18

Yes think his and your followers did as now 100k @ 52.86

[skyship] 06/11/2020 12:44

hindsight - is that line at 52.40p still on offer from Panmure; or did EI take them out perhaps :)

[hindsight] 05/11/2020 17:23

SpectoAcc thanks, yes thats my thoughts, if I had any would definatly swap. Its the small nav markdown lately that mainly catches my eye

[essentialinvestor] 05/11/2020 16:39

BREI portfolio arguably slightly higher overall quality than SREI,

SREI has the benefit of both high net cash holdings,
coupled with the buy back.