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Share Name Share Symbol Market Type Share ISIN Share Description
Drum Income Plus Reit Plc LSE:DRIP London Ordinary Share GB00BW4NWS02 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 57.50 50.00 65.00 57.50 56.00 57.50 1,604 08:00:16
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment Trusts 4.1 2.1 5.5 10.5 22

Drum Income Plus Reit Share Discussion Threads

Showing 26 to 50 of 50 messages
Chat Pages: 2  1
DateSubjectAuthorDiscuss
23/4/2021
07:27
I don't understand that RNS. Not a single mention of calling it a day.
spectoacc
23/3/2021
14:14
Another 5p over the offer trade from someone, 20k at 60p. NAV north of 70p & hopefully coming back to us this year, but getting a little tighter.
spectoacc
12/3/2021
09:01
Someone paid 5p over offer (inc the wide spread) for just 4k of shares. Wondering if there might be a squeeze on, & a chance to exit pre-liquidation.
spectoacc
05/3/2021
20:54
Liquidation could take a while, but is very likely now - merger/outright t/o the alternatives. They can't reasonably do nowt after today's RNS.
spectoacc
05/3/2021
17:28
Because I prefer AIRE, AEWU, RGL and strangely, NRR. Equally good yields (except NRR) and good discounts to NAV, but without the risk of being stuck in a very illiquid stock if you needed to get out. To buy this is a gamble on liquidation and life's too short for that.
lord gnome
05/3/2021
15:10
gnome - still very cheap so why not pick up what ever you can get at these low prices.
baner
05/3/2021
08:56
One to ignore. Better options out there with good yields and discounts to nav on offer. This is almost impossible to trade in any meaningful way.
lord gnome
05/3/2021
08:47
Difficult to buy any. Last NAV 73p, seemingly going OK since, with re-opening of UK to help. But will be months before they decide what they're doing, and won't necessarily be a piecemeal sale of properties. And if it is, could be say a year to get money back. Still cheap here tho.
spectoacc
05/3/2021
08:45
so 60p+ per share in the pipeline and until paid out the divi is indeed good.
baner
28/3/2020
18:27
Sitting at about 50% of last reported NAV, not that means much now, but given 80% shares held by seven inv mgt i wonder if they will see this an opportunity to buy out the rest after suspending the divi of course to push the price down a bit more.
nickrl
15/1/2020
13:52
@jonwig - Thanks.
apollocreed1
14/1/2020
20:22
I think if poor quality properties and sub-prime tenants, a big risk is that there will be more CVAs and unfilled voids, especially if we enter recession.
jonwig
14/1/2020
20:18
Is this better value today than it was a few months ago?
apollocreed1
08/7/2019
07:45
Currently uninvestible imv.
lord gnome
08/7/2019
06:56
What's the situation here? NAV is 91.7p and forecast dividend is a fully-covered 6p (PID). But - LTV is 40% and loan matures in Jan 2020. Seven Inv Mgt hold 80% of the shares and MCap is only £30m. One tenant has enetered CVA. There are more attractive UK REITs for buying consideration.
jonwig
21/12/2017
07:54
Here's the full year results. Very decent too, and yield covered and high. https://www.investegate.co.uk/drum-income-plusreit--drip-/rns/annual-financial-report/201712210700039787Z/ Shares about on a par with NAV (94.5p) but spread of 91-98 is savage, and would probably pay full offer price as there have been no trades this month, as far as I can see! (Will try it out later this morning.)
jonwig
09/2/2017
13:02
Hi Jonwig. Thanks for your comments. I came across DRIP by accident, so I haven't had chance to do any real research yet. I will be taking a closer look when I get time. It does however, look to be at the riskier end of the spectrum.
lord gnome
09/2/2017
08:54
Hi, M'Lud. I looked at this from time to time but there were very few trades and the nominal spread was pretty huge. Don't they invest in property nobody else wants? And isn't a huge chunk of the shares held by one institution? A new REIT is coming to market this month (public offer via some brokers), LXI REIT. Haven't weighed it up yet.
jonwig
09/2/2017
08:45
No thread for this, so I thought I'd start one. 5% yield paid quarterly. 'The Company aims to provide shareholders with a regular dividend income plus the prospect of income and capital growth over the longer term. The Company invests in smaller UK commercial properties, principally in the office, retail (including retail warehouses) and industrial sectors, which have the potential to offer a secure income stream, to create value through active asset management and have strong prospects for future income and capital growth.' Web Site: hxxp://www.dripreit.co.uk/
lord gnome
09/2/2016
12:23
Hi Patrick I presume you are leaving your RMV short running - great call! I sold 80% of mine at 4049 just before they tanked and that recouped my initial stake - so I shall let the rump run!
toffeeman
26/1/2016
09:53
January 2016 This months drip feed buy is Photo-me International (PHTM)who have been established over 50 years. They operate photo booths & self service washing machines. M/Cap £577m. Six monthly results in Dec 2015 showed cash in bank of £68m, D/Y of 2.33% and a pledge to raise the dividend by at least 10% for the next 3 years. Positive trading update in January stated that " they expect to report the next results materially ahead of current market expectations ". Average buying price of each share now; Oct 2014.....Rockhopper 42.34p DOWN 30% Jan 2015.....Smaller Co.Div Trust 181.66p UP 1.98% Feb..........Iomart 244.94p DOWN 9.98% March........Hunting 430.97p DOWN 36.89% April........Zytronic 337.91p UP 16.75% May..........Tristel 111.63p UP 13.77% June.........Cenkos 174.08p DOWN 21.01% July ........Pan African 8.16p UP 21.33% Aug..........Amino Tech 132.28p. DOWN 12.69% Sept.........Miton UK Microcap IT 56.69p. Oct..........Netcall 52.83p Nov..........Quantum 92.64p. Dec..........Animalcare 220.11p. Jan 2016.....Photo-Me 156.34p.
patrick9092
24/12/2015
08:32
December 2015 This months drip feed buy is Animalcare Group (ANCR)who are a supplier of animal medicines, animal identification & animal welfare products. M/Cap £48m. Recent full year results in October showed both revenue & profits well up on last full year and with a 10.9% increase in the dividend. Has a D/Y of 2.5% is debt free with net cash of £5.8m. Average buying price of each share now; Oct 2014.....Rockhopper 51.26p DOWN 49.25% Jan 2015.....Smaller Co.Div Trust 180.86p UP 7.54% Feb..........Iomart 246.53p UP 5.47% March........Hunting 455.65p DOWN 31.42% April........Zytronic 332.30p UP 30.16% May..........Tristel 110.01p UP 31.81% June.........Cenkos 179.58p DOWN 7.28% July ........Pan African 7.95p DOWN 3.20% Aug..........Amino Tech 135.48p. Sept.........Miton UK Microcap IT 57.35p. Oct..........Netcall 54.26p Nov..........Quantum 104.55p. Dec..........Animalcare 233.76p.
patrick9092
24/11/2015
09:12
November 2015. This months drip feed buy is Quantum Pharmaceutical (QP.)who are a manufacturer, developer & supplier of drugs to the retail/wholesale pharmacy, hospital & care home markets. M/CAP £120m Latest 6 months results showed revenue UP 22% and gross profit UP 15% on same period last year. Maiden dividend paid this month. 10 new products due to be launched by the end of the financial year. Average buying price of each share now; Oct 2014.....Rockhopper 55.15p DOWN 36% Jan 2015.....Smaller Co.Div Trust 179.29p UP 5.70% Feb..........Iomart 244.70p UP 22.19% March........Hunting 479.49p DOWN 28.88% April........Zytronic 322.33p UP 17.43% May..........Tristel 105.99p UP 29.73% June.........Cenkos 180.77p DOWN 0.98% July ........Pan African 7.92p Aug..........Amino Tech 143.72p. Sept.........Miton UK Microcap IT 57.06p. Oct..........Netcall 54.60p Nov..........Quantum 103.06p.
patrick9092
26/10/2015
08:34
October 2015. This months drip feed buy is Netcall(NET)which designs & develops software & services for the healthcare, public & private sectors. M/Cap £75m. Final results at end of 06/2015 showed a T/O of £17.2m of which 62% was of a recurring nature. D/Y 4% with an enhanced dividend programme planned for the next 3 years. Debt free and Net cash of £13.7m. Was subject to a T/O bid in June 2015. Average buying price of each share now; Oct 2014.....Rockhopper 57.65p DOWN 28.44% Jan 2015.....Smaller Co.Div Trust 177.78p UP 7.01% Feb..........Iomart 239.16p UP 17.28% March........Hunting 504.79p DOWN 20.10% April........Zytronic 314.98p UP 17.94% May..........Tristel 101.89p UP 22.68% June.........Cenkos 179.81p July ........Pan African 7.96p Aug..........Amino Tech 157.32p. Sept.........Miton UK Microcap IT 56.45p. Oct..........Netcall 54.60p
patrick9092
24/9/2015
08:17
September 2015. This months drip feed buy is Miton UK Microcap Investment Trust(MINI) who invests in mainly AIM listed companies with a M/CAP of less than £150M and currently has companies such as Penna Consulting, Amino Technologies, Cello Group & (James) Cropper in its portfolio. I wanted exposure to small, fast growing companies but at a reduced risk and decided that this was the best way for me. Launched in April 2015 and run by the highly respected and successful Gervais Williams it has a M/CAP of £55M and currently has a 5.87% premium to NAV. Average buying price of each share now; Oct 2014.....Rockhopper 59.57p DOWN 32.01% Jan 2015.....Smaller Co.Div Trust 175.99p UP 7.68% Feb..........Iomart 234.01p UP 11.37% March........Hunting 519.67p DOWN 24.16% April........Zytronic 305.77p DOWN 1.07% May..........Tristel 98.08p June.........Cenkos 179.23p July ........Pan African 7.65p Aug..........Amino Tech 156.39p. Sept.........Miton UK Microcap IT 56.51p.
patrick9092
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