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Share Name Share Symbol Market Type Share ISIN Share Description
Ediston Property Investment Company Plc LSE:EPIC London Ordinary Share GB00BNGMZB68 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 50.00 48.60 52.40 - 13,500 08:01:42
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 20.8 14.1 6.7 7.5 105

Ediston Property Investm... Share Discussion Threads

Showing 376 to 400 of 400 messages
Chat Pages: 16  15  14  13  12  11  10  9  8  7  6  5  Older
DateSubjectAuthorDiscuss
20/10/2020
11:46
Added a few < 50p this morning.
flagon
16/10/2020
14:30
Great yield but Id hope to see some evidence the fall in NAV is bottoming out in this months update.
hugepants
16/10/2020
13:42
The last 12month period provided dividends of 4.86p - down 15.5% on the 5.75p of the previous 12month period. I hope that the Update might provide some clarity on the forward dividend position, especially in light of the excessively high cover which no longer conforms to the REIT requirement of 90% distribution. My estimate is that they should be paying c4.5p - perhaps 12x0.33p + a final special payment of 0.5p. That 4.5p would place EPIC on a prospective yield of 8.9%.
skyship
16/10/2020
09:17
.... and I look forward to the NAV & Trading Update before the end of the month. free stock charts from uk.advfn.com
skyship
13/10/2020
15:43
To elaborate on Skys link the inv mgr says "We have seen some progress in rent collections since lockdown ended and restrictions were eased. "We have seen some solid rent collection numbers across the portfolio, with a positive increase in each quarter. A number of tenants have moved back to quarterly payments, and some of the tenants we had put on repayment plans have started to make payments in accordance with that. "There is a bit more normality resuming in the regularity and frequency of rental payments, which is positive." That should underpin the dividend and potential give rise to a special one at year end.
nickrl
12/10/2020
17:14
EPIC mentioned in this article: https://tinyurl.com/y25mxbdj
skyship
09/10/2020
09:15
Specto - thnx for that.
skyship
09/10/2020
07:31
A line from British Land's t/s this morning: "Open air, out of town retail parks driving outperformance; playing a key role for retailers"
spectoacc
08/10/2020
11:59
Clearly they could afford to pay a 5p div but maybe they will edge it in that direction to start with. It might not be popular with some shareholders but if the share price stays around 50p buying their own shares might offer better returns than many potential real estate investments or initiatives. Likewise for other property companies, buying EPIC might offer attractive returns, even before potential management cost savings
jombaston
08/10/2020
10:41
Divi covered 133% and so ample scope to increase divi back to 4.5-5p. Haddington onstream next year that they have already said will enhance shareholder return and so dividend could easily be in the 5-5.5p range in a years time.
gary1966
08/10/2020
10:01
Happy to lock in circa 8% yield so added to position this morning. Likely divi increases as well ... ATB
flagon
08/10/2020
09:30
Outside of SUPR not sure anyone else is commanding this level of rental collection across there retail estate yet it makes no traction! Bought in big on this earlier in the year pre covid so reluctant to commit more but if i didnt have that fog now this 8% divi is well covered and by now im presuming they've concluded arrangements with those that will engage so it has a level of certainty about it. Potential here for a top up and maybe a special payment should the moratorium be lifted and the cant pay brigade suddenly turn up with the missing rent!
nickrl
08/10/2020
08:56
Indeed, Retail Warehouse & regional offices the places to be perhaps...
skyship
08/10/2020
08:21
Remarkable rent collection. Comparable with the urban logistics sector.
hugepants
08/10/2020
07:25
Picking out the good stuff but: "Quarter 4 rent collection As at 7 October, 87% of the rent due by 1 October has been collected across the portfolio. This compares to 69% paid at the same point in quarter 2 and 74% in quarter 3. If the tenants who paid their rent monthly in October continue to do so for November and December, it is projected that the Company will collect 93% of the rent due for quarter 4, rising to 95% once rent deferment and repayment plans are factored in"
spectoacc
07/10/2020
13:51
Seller still around but happy to add a few more when others on the bounce.
spectoacc
06/10/2020
14:36
Yes, suspect it will; though IMO it's all in the price, and some...
skyship
06/10/2020
14:30
Sky increasing evidence points that way although i suspect many retailers will still try to get the rents down and threaten CVAs etc so this dark cloud will hang over EPIC for sometime yet.
nickrl
06/10/2020
14:22
BOR breaking out of triangle now and it’s up 19.7% 465mb of light sweet crude No debt Own 100% of acreage BOD have skin in the game Quick payback time Under $35 a barrel costs Could be a oil rim below Darwin $2.5m enough to last 2 years Mkt cap £3m Potential 1mb total sourounding Darwin Huge prospects on our acreage Fairway play Great news today about PMO merger for all Falkland companies. Well worth tucking a few away imho ATB and GL whatever you decide hTTps://www.newtraderu.com/wp-content/uploads/2020/02/Falling-wedge-pattern.png
under the radar
06/10/2020
12:27
chucko - their sector is of course Retail Warehouses - a sector seemingly doing rather well and surprising to the upside...
skyship
06/10/2020
10:41
Thx. Explains the discount and the poor valuation. Especially given the perception of it owing to the headline property sectors it has exposures to. But it appears to be cheap considering the reality of the collections and the conservative stance taken by the board - and a refreshingly sober reporting style!
chucko1
06/10/2020
10:00
chucko - my spreadsheet shows a relatively high 35.7%; but a low debt cost at just 2.86%.
skyship
06/10/2020
09:35
Haven't a clue what just happened there but the price just dropped 3p and managed to add a load more at 46.69p incl SD. Very happy to have added to my position at that price.
gary1966
06/10/2020
08:36
What’s the latest reported LTV on EPIC? Not followed this one closely (yet!).
chucko1
05/10/2020
19:30
Agreed - rent collections & covered divis the pick. Paid to wait, albeit in the hope things don't get significantly worse.
spectoacc
Chat Pages: 16  15  14  13  12  11  10  9  8  7  6  5  Older
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