Ediston Property Investm... Share Discussion Threads

[flagon] 20/6/2021 08:31

EPIC tipped by MIDAS this weekend

Midas verdict: Epic shares are 69p, up from their lows last year but still at a 19 per cent discount to the value of the firm's assets. Existing shareholders have had a rough ride but they can take comfort in the group's 7.3 per cent dividend yield. New investors could also grab a few shares, as the current price does not reflect Epic's prospects.

[skyship] 20/6/2021 07:43

LLOYDY - do you mean REITs, ie property trusts?

[ll0ydy] 19/6/2021 23:10

Can anyone recommend any sound trust funds with high dividend other than EPIC?

[cwa1] 17/6/2021 07:21

Small Director(wife) purchase announced this morning

[cwa1] 15/6/2021 17:19

Couple of 500k trades showing at 67p. Hopefully reducing the overhang slowly but surely...

[ramellous] 15/6/2021 11:05

I hope not Flyer, my regular monthly top up should be going through tomorrow..

[flyer61] 15/6/2021 11:02

Bought more at 67.4P this am. Unless I am missing something...?

[skyship] 15/6/2021 10:59

Problem with HCFT is the poor liquidity and crazy spread.

[hugepants] 15/6/2021 10:51

yep that's one. RLE as well I suppose but it has 50% ltv.

[stemis] 15/6/2021 10:43

Highcroft Inv has a yield of 6.7% and a discount of 23%

[hugepants] 15/6/2021 10:24

This stands out a bit with the big yield (>7%) and the big discount (approx 20%). I cant think of another reit that has both now.

[flyer61] 10/6/2021 14:59

Agreed. Where else can they get this yield. Maybe the bank has eased up on them or they reckon the NAV is headed higher and they can get more than 67P if they are patient.

Bit like us really....

[2wild] 10/6/2021 14:25

Trading Ex 0.4167p Div today.

I suspect Stadium have finished selling for now. Surely they must be missing the reduced dividends. Can't see where else they can get such a massive monthly coverd yield.

[spectoacc] 10/6/2021 08:42

Feels like stand-off - Stadium are sellers, but not below 67p.

But where's the latest Holdings RNS - they sold a good few million more after the previous RNS's.

In meantime, we get to pocket the dividends.

[nickrl] 09/6/2021 17:13

No big sales recently so are Stadium filtering them out in smaller lots now

[2wild] 09/6/2021 16:29

Added today at 67.4p yielding 7.4% paid monthly. I think following reinvestment of the Tesco cash, there will be scope for a further 10% dividend increase.

[stemis] 04/6/2021 10:35

Who doesn't like monthly dividends...

[cwa1] 03/6/2021 08:56

Decided to have a few more this morning at 67'ish, IF the dividend continues like this and rental continues to be strong, it surely has to be good value at these levels?

Of course there's the stock overhang to contend with but it won't last forever and if they pay me 7%+ whilst we wait then I can stomach the wait!

[playful] 03/6/2021 07:29

I concur 😊

[cwa1] 03/6/2021 07:25

Allied to an unchanged dividend equating to 5p pa, yes I think there are attractive features here :-)

[spectoacc] 03/6/2021 07:14

93%, in a pandemic. A lot to like with EPIC.


"At the date of this announcement, rent collection is in line with previous forecasts. If the tenants who pay their rent monthly continue to do so, it is projected that the Company will collect 93% of the rent due for the second quarter of 2021.

The Company will publish its net asset value as at 30 June 2021 next month and expects to provide a full trading update at that time."

[spectoacc] 01/6/2021 21:04

2x 500k but why has ADVFN added them, then subtracted them again? Looks like either a cash-&-new or a cancellation perhaps.

[skyship] 01/6/2021 21:02

I see our 1million seller was back today; but this time he got 67.20p for his troubles...

Decided to buy back in for a few today at c67.65p.

[rambutan2] 01/6/2021 20:44

I wonder what type of physical prop he is looking to invest into? (from 2:33mins):

[cwa1] 01/6/2021 18:03

Reasonable volume today