Empiric Student Property Share Discussion Threads

[spangle93] 14/3/2024 08:20

Positive results and outlook in the preliminary results issued this morning.

EPS up 17%
Asset value up 4.6%
Ahead of 2023 in bookings for next academic year

Maybe this will get it back over 100p?
Or encourage a takeover by someone :-)

[tradez4dayz] 07/3/2024 09:59

Worrying news for pbsa holders in the budget yesterday.The removal of mdr will mean a number of the assets have to take a haircut in valuation to offset the potential stamp saving

[spangle93] 09/1/2024 07:44

If you wanted to stay in Student beds as a diversifier, there's always UTG - trading
update issued this morning

For some reason it always seems to get more love than DIGS.

[panshanger1] 08/1/2024 21:22

I am currently holding ESP PHP APIRESI and a small holding In RGL RGL was a larger holding ( now much smaller )and very high risk as refinancing issues on horizon and in a pretty unloved sector Not planning any sales atm as I am here for the income principally and this represents about 10% of the portfolio

[tradez4dayz] 08/1/2024 18:05

Feeling the same it's been languishing for years now and I have been a holder but not seeing any exit in sightPlanning on selling down half my holding and spreading across EuroboxCapital and regional Supermarket Regional office - as a punt! 15% yield seems crazyThoughts?

[1c3479z] 30/12/2023 20:54

fwiw tipped as a share for 2024 in the Times this week along with Amazon, Diageo, Paragon and Marks and Spencer.

[stevegrass777] 02/11/2023 10:35

I would say student accommodation is pretty low risk.

[panshanger1] 02/11/2023 09:57

Still only yielding circa 4%Aren't there better opportunities out there in the reit space on a risk /reward basis

[stevegrass777] 02/11/2023 09:37

Great update today,full for 23-24 academic year.
Some property disposals in the pipeline,a J venture considered.
Refurbishment and a dividend increase.
What's not to like.

[blackhorse23] 26/10/2023 14:40

Bought more WJG today

[tradez4dayz] 26/9/2023 15:45

As long as its above £1 I would take it on this stagnant stock

[blackhorse23] 21/9/2023 20:27

I think WJG is better value than here

[riverman77] 18/8/2023 08:53

I think the portfolio could return around 15% a year, based on 5% EPRA earnings yield and 10% rental growth. I think that looks pretty attractive and compares well with the risk free rate. Shareholders could see an additional return on top of that from the discount coming in.

[makinbuks] 18/8/2023 08:32

What the results show is the management wringing the maximum out of the assets which has to be applauded. The problem is the model just doesn't stack up as an attractive investment. They need a return of, perhaps, twice the risk free rate and that's just not going to happen in the current macro environment

[spangle93] 17/8/2023 15:46

I think TBH we're conditioned to rubbish results, so anything that shows they are profitable, unlikely to need more money soon, and heading in the right direction, must be good new! ;-)

Compared to some offerings pre- and post-covid, these are great results, particularly the occupancy, which will roll into next year's earnings.

[riskvsreward] 17/8/2023 13:16

Is this result really that good? A half year earning of 2.3 p on NAV of 117p,less than 2% ROE and thus less than 4% ROE annually. One can get a better return on a saving account.

This company promised a progressive dividend and an initial dividend of 6p when IPOed almost ten years ago, but ten years on it pay a less than 4% dividend on a lower price than the IPO price.

[1c3479z] 17/8/2023 13:07

should be able to sell out their properties each year, given the shortage of rental properties and resulting keen demand should allow healthy rental increases. Students required no doubt to pay in advance. Only problem is the large refurbishment, fire safety and environmental budgets.

[charlotte2020] 17/8/2023 11:35

I would agree. like GCP Student living were

[tradez4dayz] 17/8/2023 11:07

Needs to be taken private imo

[tradez4dayz] 17/8/2023 11:06

All these records and still a terrible dividend, you would have thought they would at least raise the annual target to 4p.3.5p does nothing

[stevegrass777] 17/8/2023 08:22

Smashing set of results.great to see occupancy so high so soon.
If only I could gloat to gamesinvestor off of interactive investor BB 🤷‍a94;️.
And a few others off there.