We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Grit Real Estate Income Group Limited | GR1T | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 20.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 20.00 | 20.00 | 20.00 | 20.00 | 20.00 |
| Industry Sector |
|---|
| REAL ESTATE |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 28/02/2024 | Interim | USD | 0.015 | 04/04/2024 | 05/04/2024 | 15/05/2024 |
| 24/02/2023 | Interim | USD | 0.02 | 16/03/2023 | 17/03/2023 | 02/05/2023 |
| 28/10/2022 | Final | USD | 0.02 | 17/11/2022 | 18/11/2022 | 16/12/2022 |
| 28/02/2022 | Interim | USD | 0.025 | 17/03/2022 | 18/03/2022 | 29/04/2022 |
| 15/02/2021 | Interim | USD | 0.015 | 04/03/2021 | 05/03/2021 | 09/04/2021 |
| 13/02/2020 | Interim | USD | 0.0525 | 05/03/2020 | 06/03/2020 | 30/04/2020 |
| 30/09/2019 | Final | USD | 0.0695 | 17/10/2019 | 18/10/2019 | 15/11/2019 |
| Top Posts |
|---|
Posted at 13/1/2021 15:56 by spectoacc A few following the director buy from yesterday by the looks.That ADVFN chart flatters GR1T somewhat :) |
Posted at 24/8/2020 15:36 by robsy2 I have had another think about this and have sold out at a loss. Why?They are struggling. the divi will be the next thing to go I suspect, because the latest update made no mention of divis.The clients they have are struggling big time. They have breached their own self-declared statement concerning diversification of assets. It all looks a bit muddled to me.I question the strategy of a pan african real estate company serving multinationals. they have about 2 properties in each country they operate in. they will have to tap the market for more funds if they want to expand. I don't really get it, so I'm out with a 5p per share loss . the shares are also super illiquid. |
Posted at 18/6/2020 14:46 by robsy2 It looks ggod value to me because as at todayNAV is 465m* USD, MCAP is 230m USD. Expected divi for 2020 is 8.75 cps and that is the divi AFTER it has been adjusted downwards. The int has been paid already so the final Dividend is expected to be 'at least' 3.5 cps,payable in november 2020. That's a very good return. *The assets they own will be impaired, because they have exposure to retail , hospitality and offices but the share price is already bombed out, so my feeling is that it could all be in the price, and some more. There are now signs of recovery . Rent collection is holding up fairly well, see rns . 95% of rents are paid in hard currencies. 92% of clients are multinationals, All are tied by lease agreements. Fair value should be at least the NAV, so around 140 cps. The share price gives me plenty of margin for error - conclusion? It's worth a punt. |
Posted at 18/6/2020 09:22 by robsy2 hxxps://grit.group/Grit Real Estate Income Group Limited (“Grit” or “the Group”) – Pioneers in African Real Estate Grit is a leading pan-African real estate company focused on investing in and actively managing a diversified portfolio of assets underpinned by predominantly US$ and Euro denominated long-term leases with high-quality multinational tenants. They do not invest in South Africa. We aim to deliver strong & sustainable income, with potential for income and capital growth. The company’s high-quality assets are underpinned by predominantly US$ and Euro denominated long-term leases with a wide range of blue-chip multi-national tenant covenants across a diverse range of robust property sectors. The Company is committed to delivering strong and sustainable income for shareholders, with the potential for income and capital growth. The Company is targeting 12.0% USD total return.!FOLLOWFEED hxxps://grit.group/ sept19-GRIT has a portfolio of 25 investments with its current geographical footprint in Mauritius, Morocco, Mozambique, Zambia, Kenya, Ghana and Botswana in retail, commercial, light industrial, corporate accommodation and hospitality sectors. Immediately post the London listing, 50% of shareholders are in Mauritius, 38% from South Africa and 12% in the United Kingdom. In the 12 subsequent months, the UK register has recently moved over 19% and should become the predominant liquidity and share ownership venue post the Group’s intention to seek a premium listing on the LSE. The free float is 96% |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
