Gcp Student Living Share Discussion Threads

[suetballs] 24/2/2021 12:46

Unlike the cricket - doh. Suet

[suetballs] 24/2/2021 12:45

On our way back - yippee. Suet

[jonwig] 22/2/2021 08:09

Interesting article, thanks. So if the Dutch put up 75% that means others (DIGS?) put up £125m. DIGS has £60m cash and £50m unused floating debt facility (30/06). Maybe another investor? maybe increase debt? equity? (NAV ~170p.)

[rambutan2] 21/2/2021 21:45

Piece in the FT re APG (11% holder of DIGS) funding Scape's growth plans big time. Plus some generally bullish comments on the sector's outlook. www.ft.com/content/8408c4b3-437a-464d-acf3-a6e243a7144a

[suetballs] 17/2/2021 11:29

Thanks Maddox - onwards and upwards then. Suet

[maddox] 17/2/2021 11:01

Unite(UTG)has published a Student Survey this morning, that is significant for any investors in the sector: httpS://www.investegate.co.uk/unite-group-plc--utg-/rns/unite-students--student-survey/202102170900023116P/ The up-shot is that we can expect a rapid recovery in Unite's trading, once Covid-19 restrictions allow. The findings are: >> 77% students struggled with mental health and wellbeing as a result of Covid-19, but 84% say engaging in university life has been positive for their mental health; >> Students' biggest challenge this year is the lack of face-to-face teaching, practical experience or facilities; >> Traditional face-to-face university experience is key for students: 86% are keen to get onto university campus once it is safe to do so; 75% agree that living in university accommodation and being on campus is as important a part of the University experience as lectures and tutorials; and >> Four in five (79%) students would like a return to face-to-face tuition after the Easter break. This based on a survey of 2000 students. Covid-19 has been very instructive: It has demonstrated just how robust the demand is for the University experience. Going to University is clearly a culturally entrenched 'right of passage' for the UK's young adults. It has often been postulated that on-line learning would disrupt this tradition. Covid-19 has provided the opportunity to test this hypothesis. Whilst, on-line learning has clearly allowed for teaching to continue during the Covid-19 Lockdowns - but is certainly not a substitute for the Uni experience. These are two extremely significant points for anyone assessing the risks of investing in this sector. Regards Maddox

[suetballs] 15/2/2021 14:47

sp rises nicely on the above. Suet

[suetballs] 15/2/2021 13:42

WeWork chucked out with rent paid to June 2021. Ok we lost a tenant but hopefully we can find better ones in due course. Suet

[adamb1978] 05/2/2021 12:24

I'm tempted to pick up more given the discount to NAV. Its difficult to see universities being impacted long-term from the virus

[donald pond] 05/2/2021 09:16

Universities look like they will be back to normal by autumn. I've got a kid in that cohort and it's going to be business as usual so really the drop here is a year's dividends. So it looks very good value atm

[jonwig] 05/2/2021 08:56

I think so, too. They seem to have sublet quite a bit so haven't lost all the income, though screwing what Wework owes might be a struggle.

[adamb1978] 05/2/2021 08:23

Negligible Q2 dividend - 0.25p vs 1.58p last year. Is that going to hit the share price or will investors look through it? I'd expect the latter

[jonwig] 22/1/2021 15:04

Yes, it's a fair outcome (UTG I think did much the same). The limit on earnings loss is pretty good, but we don't know what revaluations will say, of course.

[suetballs] 22/1/2021 13:23

Further to my post above digs have today sensibly announced further rental concessions. Well done. Suet

[suetballs] 11/1/2021 10:58

Just noted that Unite have given students a 50% rent deduction for 4 weeks. Very sensible decision. Hope we do something similar here. wkp have also done something similar with their tenants. Sharing short term pain will certainly boost long term gains. Suet

[donald pond] 17/11/2020 14:06

Stifel issue another buy note on back of that news

[suetballs] 17/11/2020 12:54

£1.9m of arrears to be settled. Must have sent the heavies round! Well done. Suet

[discodave45] 17/11/2020 12:18

HiThink the rise at WJG may have been due, in part, to Paul Scott (Stocko) mentioning that he had bought some. He listed his recent purchases and most went up (coincidence?).

[donald pond] 17/11/2020 07:25

WJG did very well yesterday but I agree, DIGS looks better value to me. Though they aren't exactly alike. But I know the management of DIGS and they are first class, so I am sure this will pay solid get back to a premium rating as life returns to normal.

[babycheeky] 14/11/2020 22:00

Up to your old tricks dave. Pretending you know what you are talking about.

[discodave45] 14/11/2020 21:35

Was looking at Watkin Jones (WJG) but thanks to donald and daves last podcast I prefer DIGS (thanks Donald).WJG are expensive on most valuation metrics whereas this is on 18% discount to NAV (based on last published NAV of 171.7) and the 12m average is a 12% discount, so decent value.Any thoughts on short term price action?Thanks

[donald pond] 13/11/2020 08:17

Stifel note today, buy with a target of 165