Share Name Share Symbol Market Type Share ISIN Share Description
Custodian REIT LSE:CREI London Ordinary Share GB00BJFLFT45 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +1.00p +0.86% 117.25p 116.75p 117.25p 117.50p 115.25p 115.25p 643,256 16:29:55
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment Trusts 27.6 24.2 8.1 14.5 443.62

Custodian REIT Share Discussion Threads

Showing 51 to 73 of 75 messages
Chat Pages: 3  2  1
DateSubjectAuthorDiscuss
28/9/2017
13:43
There is a detailed report by Cliff Weight on Custodian Reit who attended our London seminar on the 13th September, which can be found in our members area here: hTTps://www.sharesoc.org/members-area/ ShareSoc full members can download Stockopedia reports, presentations from all of the companies that presented at this seminar, and this report from Cliff Weight on proceedings from our members area To access the report, you'll need to be a full member of ShareSoc, which is a not-for-profit organisation that supports individual shareholders and campaigns for shareholder rights. If you're not already a member you can join here: hTTps://www.sharesoc.org/membership/ Once you've joined, you'll receive an invitation to register for our "members network" private social network, from where you'll be able to access the report (and reports on 100s of other meetings). If you're already a member and have any difficulty accessing the report, please do not hesitate to contact us here: hTTps://www.sharesoc.org/contact-us/
sharesoc
25/8/2017
14:07
Custodian REIT present at our London growth company seminar coming up on the 13th September hTTps://www.sharesoc.org/events/sharesoc-growth-company-seminar-london-13-september-2017/ It may be of interest to potential investors and current shareholders. There will be a chance to ask questions and is a great opportunity to network with fellow investors at the event.
sharesoc
08/8/2017
13:41
PCA currently the pick of the bunch in share price performance; though this is after CREI drops back from its June spike: free stock charts from uk.advfn.com
skyship
28/7/2017
09:31
You've got to admire the management team at CREI, who are still managing to issue stock at a near 10% premium to the underlying NAV. Why any institution is prepared to buy a non-specialist property investment company at such a premium is beyond my comprehension, even on a prospective 5.6% yield. A slight sense of reality setting in on the share price as it drifts back to 114.5p. ========================================================================== Issue of equity Custodian REIT (LSE: CREI), the UK commercial real estate investment company, announces that to satisfy continued investor demand, 3,500,000 new ordinary shares of 1 pence each in the capital of the Company ("the New Shares") were issued today under its ordinary share block listing facility. The New Shares were issued at 114.25 pence per share, raising GBP3,998,750 (before costs and expenses).
skyship
06/6/2017
06:59
2018 target dividend per share increased to 6.45p (2017: 6.35p) _______________________________________ "I am pleased to report that Custodian REIT has continued to deliver strong shareholder returns with NAV per share total return of 8.5% (2016: 6.4%) for the year.  We invested a total of £105.0m on the completion of 25 acquisitions and one ongoing pre-let development, funded by £92.4m raised from the issue of new shares and £25m of new term debt.   "I anticipate that occupational demand combined with a limited supply of new development will continue to drive rental growth across regional markets, supporting a low vacancy rate and securing dividends and long-term capital growth for the Company's shareholders.   "The Company has met its target of paying an annual dividend per share for the year of 6.35p (2016: 6.25p, 2015: 5.25p), 101% covered by net recurring income.  Our objective is to grow the dividend on a sustainable basis at a rate which is fully covered by projected net rental income, and the Board is pleased to have increased the target dividend for the year ending 31 March 2018 by 1.6% to 6.45p per share."
neilyb675
14/5/2017
12:32
Thankyou - hope you'll join in!
skyship
14/5/2017
11:28
nice ramp ....
neilyb675
14/5/2017
11:20
An update on the comparative performances of the high yielding regional players. I’ve added in two other players – The Birmingham specialist Real Estate Investors (61p; 4.3% Yield; 7.9% NAV discount; £113m MCap) & the other small regional propco Palace Capital (360p; 5.0% Yield; 16.3% NAV discount; £89m MCap). This last is my short-term tip for a possible/likely 10% rise before or upon the Finals on 6th June – I’ve taken a position @ an average of c355p. Feb’17 Investor Presentation: http://palacecapitalplc.com/assets/files/Investor%20Presentation%20-%20February%202017.pdf May’17 Broker Research Note: http://allenbycapital.com/research/research-palace_21_2413309763.pdf free stock charts from uk.advfn.com
skyship
05/4/2017
12:43
RGL a recent poor performer; whereas the others still in a pack. Personally I've ducked out of EPIC at prices up to 107p+ - will look to buy back again when offered below 105p... free stock charts from uk.advfn.com
skyship
08/3/2017
15:34
I did consider PCA, skyship, but I went for RGL in the end. That yield is tasty.
lord gnome
08/3/2017
13:45
LG - Absolutely right to make the switch; though I think you should have gone for PCA rather then RGL, which I think made a poor acquisition with the CIC purchase...
skyship
08/3/2017
09:40
Just swapped out of CREI and into RGL. CREI above NAV, RGL below NAV. RGL offering higher yield. Higher LTV with RGL, but still looks to be a good deal and I regard the two as decent alternatives.
lord gnome
06/3/2017
17:46
good posts, gets us all thinking....
neilyb675
06/3/2017
17:38
HEY - since my post this morning we've added 33% to the sum of all knowledge on this thread - WELL, perhaps not that....but certainly to the volume!
skyship
06/3/2017
17:36
Cashflow is King - I would certainly agree with that, in all other than portfolio funds, ie ITs & Propcos...
skyship
06/3/2017
17:03
Hmmm...they sound like the words of a property valuer who wants his fees! Cash flow is king IMHO!
eezymunny
06/3/2017
16:39
Eezy - the two main reasons for yield differential are the asset allocations across Geographical Region & Investment Sector (Offices/Retail/Leisure/Industrial).
skyship
06/3/2017
16:02
CREI yield here is about the same as PCA would be if PCA paid out same % cash flows as divis (it currently pays out a lower % so the yield is lower than CREI). Gearing at CREI is 25% but much higher at PCA (39% at last b/s). AEWU yields 8% here but would be more like 7.2% if fully covered and again has very low gearing 20% LTV. Would you prefer to own a 5% yielder with 39% LTV or a 7.2% yielder with 20% LTV? NAV's will presumably factor in quality of tenants, average outstanding lease etc but across a decent sized portfolio my experience says that's not such a big deal.
eezymunny
06/3/2017
15:42
Thanks all - just usual Market discrepancies I suppose; that and institutions trading Other People's Money. Still, contrast CREI NAV & Yield with that over at Palace Capital (PCA). I posted the story over on the CP+ thread today. Worth reading last month's Investor Presentation (link on that post) and noting the Yield of 5% and the 17% DISCOUNT. Personally I would never HOLD/BUY a propco trading at a premium; as it will inevitably trade to a discount in time.
skyship
06/3/2017
13:37
SKYSHIP - re your post #31. I note AEWU has also shot up recently & is now trading at 100.5p offer, a 5% premium to last quoted NAV of 95.62p. Maybe the sector is being bought?
speedsgh
06/3/2017
12:53
Twas ex divi on 19 Jan
eezymunny
06/3/2017
12:47
We are due a divi at the end of the month, so we will have an ex-div coming up. That should peg the share price back a touch, but nothing drastic.
lord gnome
06/3/2017
12:41
As I've said many times SKYSHIP, NAV is just an estimate constructed by a valuer. It's interesting but not even 1% as meaningful as cash flow and what dividends those cash flows can afford. CREI yields c. 5.6% at 113p and is very lightly geared. So long as buyers find that yield interesting then I guess they'll continue to buy. UK 10 yr gilts yield 1.2%. I know which I'd rather own, given the state of UK Guv finances!
eezymunny
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