ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

ESP Empiric Student Property Plc

95.00
0.50 (0.53%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Empiric Student Property Plc LSE:ESP London Ordinary Share GB00BLWDVR75 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.50 0.53% 95.00 95.30 95.90 95.40 93.50 94.50 1,870,003 16:29:58
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Investment Trust 73M 67.7M 0.1122 8.47 573.14M
Empiric Student Property Plc is listed in the Real Estate Investment Trust sector of the London Stock Exchange with ticker ESP. The last closing price for Empiric Student Property was 94.50p. Over the last year, Empiric Student Property shares have traded in a share price range of 82.20p to 97.90p.

Empiric Student Property currently has 603,300,000 shares in issue. The market capitalisation of Empiric Student Property is £573.14 million. Empiric Student Property has a price to earnings ratio (PE ratio) of 8.47.

Empiric Student Property Share Discussion Threads

Showing 3251 to 3273 of 4375 messages
Chat Pages: Latest  139  138  137  136  135  134  133  132  131  130  129  128  Older
DateSubjectAuthorDiscuss
15/10/2015
21:21
Hi everyone,

There's a link to this in the header but I know some people miss this. Anyway, I bought a few ESP recently and I produced this Blog to give a good overview of what it's all about complete with my thoughts on Valuation and likely Targets.



Hopefully it should particularly help anyone who is not really clear on the business model,

cheers, WheelieD

thewheeliedealer
15/10/2015
20:54
Stamp duty is payable or was last time I made a purchase
toe-rag
15/10/2015
19:31
It's on p52 of the 316-page prospectus:

Transfers on sale of Shares will generally be subject to UK stamp duty at the rate of 0.5 per cent. of the consideration given for the transfer. The purchaser normally pays the stamp duty.

I believe all transfers of REIT shares are liable to stamp duty. (I know what you mean about CI-registered shares.)

jonwig
15/10/2015
18:34
Are you sure there is 9.5% stamp duty on Empiric, Jonwig?. It's registered in the channel islands.
a0002577
15/10/2015
08:40
Thanks for your input guys I am going to take the subscription offer of 106.5 looking to hold long term here just need to stop myself taking a small profit as I sometimes cant resist hitting that sell button just to see further rises after
jitters3
15/10/2015
08:19
Collecting the dividend lowers the gap between current share price and price of new shares.

Anyone selling to re-invest in the new runs a risk of the offer being oversubscribed. On the other hand, why buy the existing when you'll pay brokerage and 0.5% stamp duty?

jonwig
15/10/2015
08:00
Ex-divi I presume.......
soundbuy
14/10/2015
13:11
I assume you meant the 'offer of Subscription' jitters3. Any one any views on whether/hw much to take this up etc? (holder also)
scottishfield
14/10/2015
12:30
Yes i bought at 109 yesterday and was offered 106.5p via Halifax sharedealing today
jitters3
12/10/2015
14:07
I think Robbie brought around £1.07 from his website (expect he took the rights at £1.05 as well)

I got the offer from my broker today (who at first told me min 10,00 shares). I do wonder whether the share price will drop towards £1.0650 as before last issue it did drop a little before it went up again.

Good investment long term with the dividends its paying

1861andy
12/10/2015
13:40
jitters - you can apply for £5,000 and up (from memory) in the open offer at 106.5p.
Of course, unless you use one of the listed intermediaries it will come outside an ISA and your yield will be lower.

Since I've no ISA funds free, I thought of applying for some, getting a certificate and bed-ISA them next April. Or selling them for a small turn!

jonwig
12/10/2015
13:16
Looking to take a position here thought the daily mail article would have given a boost to the share price today . I believe Robbie Burns has recently bought in does anybody know his buy price
jitters3
11/10/2015
07:27
Might give them a boost
saj3
10/10/2015
05:36
Jack - everything I've read suggests you're right. Inside an ISA you'd still get the full 1.5p or whatever the declared amount is.
jonwig
09/10/2015
22:53
Jonwig: Just so I am clear....if I continue to hold in an ISA next year I presume the dividend tax will not affect me as the provider will reclaim in full for ISA holders but net of tax for holders outside an ISA?
cousin jack
08/10/2015
16:34
Thanks jonwig
saj3
08/10/2015
14:07
saj3 - it's paid partly as a PID, partly as an ordinary dividend.

Total 1.5p.
Ordinary part: 0.775p is what you get, ISA or not.
PID part: .... 80% of this (0.58p) is paid, 20% (0.145p) is tax. The tax is reclaimed within an ISA or SIPP by your provider.

Regarding the tax reclaim, some brokers reclaim it (eg. TDD, takes a few weeks) and others just pay the full gross to you (eg. Charles Stanley). Some cheapskate brokers will try to dodge their responsibilities and say you have to do it yorself. Don't stand for that!

All change next year with the dividend tax!!

jonwig
08/10/2015
08:16
Because it says it's paid as PID?
saj3
08/10/2015
08:15
Do we get paid the full divi?
saj3
08/10/2015
07:40
R Ball - good question, and the answer is probably yes. However, propcos will always want to issue new shares when they can get them away above existing NAV, leaving new debt for the day they can't do this.

Current LTV is 26%, and their target is 35% (max allowed in articles is 40%), so debt issuance isn't constrained.

jonwig
08/10/2015
07:10
Why the share issue? Would debt finance be cheaper than equity?
r ball
08/10/2015
07:00
Full divvy details:

Dividends

The Company has today declared a first interim dividend for the financial year ending 30 June 2016 of 1.5 pence per Share in respect of the quarter ended 30 September 2015 payable on or around 4 November 2015 to Shareholders on the register on 16 October 2015.

The Company confirms an annual dividend target of 6 pence per Share for the financial year commencing 1 July 2015. Thereafter, dividends are expected to grow by not less than the RPI inflation index (2) . The Company's stated intention is to pay these dividends on a quarterly basis.

Shares subscribed in the Issue will rank pari passu with the existing ordinary shares (but will not rank for the first interim dividend for the quarter ended 30 September 2015 declared today).

wirralowl
08/10/2015
06:53
Institutional Placing @ 106.5.

Also quarterly dividend of 1.5p declared (placing shares won't be eligible).

wirralowl
Chat Pages: Latest  139  138  137  136  135  134  133  132  131  130  129  128  Older

Your Recent History

Delayed Upgrade Clock