Helical Share Discussion Threads

[spectoacc] 31/8/2022 15:47

Agree things are unusually opaque - am very wary indeed of Ms Truss, there seem to be 3 outcomes:

1. She's not nearly as thick as she appears, and we get something approaching a continuation of what we have now;
2. She has genuine solutions, none of which she's mentioned so far, and none that I can see;
3. She's as nuts as she seems, we get NI increase shelved (daft), tax cuts (nuts), VAT cut (crazy), threats/changes to BoE independence (insane).


I fear that may be in reverse order of likelihood.

Businesses are going off a cliff - they don't benefit from the cap, nor have they ever. Consumer spending is going off a cliff. Gas rationing is coming (whatever happens, and whoever's in charge), with knock-on effects on certain sectors. Govnt finances, already dire, are about to get destroyed. Do you furlough the workers of the industries you temporarily close? Do you subsidise consumer energy use further? Businesses, like pubs?

Where do you get the money?

A quarter of our national debt is index-linked.

I don't buy GS's "22% inflation" call, it's a competition for headlines, but the ascent of Truss is changing my long-held belief that we can't go above 3% base rate. I think 5% could have some major repercussions, and finally bust the last domino to fall - the property market.

[essentialinvestor] 31/8/2022 15:03

Spec, thanks - as mentioned on the CLI board yesterday have not bought back in.

Getting tempted by GPE, however the UK macro outlook is shaping up to be
even weaker than I anticipated over the summer - and I'm usually too cautious.
2023 now looks dire.

A ceasefire by Russia would change sentiment in a heartbeat.


There might be a Truss bounce in some beaten up UK consumer stocks,
provided new measures do not disappoint.

[spectoacc] 31/8/2022 08:22

@EI - "BERENBERG CUTS HELICAL PLC TO 'HOLD' (BUY) - PRICE TARGET 375 (520) PENCE"

[essentialinvestor] 20/7/2022 11:34

Only a small amount left now, hopefully an opportunity to add some back lower,
that being said Helical can be idiosyncratic in movements.

During some of the heaviest down days in March the price was pretty much unmoved.

GPE may also be worth consideration on a bad day fwiw.

[essentialinvestor] 15/7/2022 16:47

Thank you kind sir, added to Capco fwiw - but that is a 2/3 year view,
Helical just looked too cheap short term, unless wider markets had absolutely dived this week.

[spectoacc] 15/7/2022 16:43

Well done @EI.

[essentialinvestor] 15/7/2022 16:22

Sold a small amount.

[essentialinvestor] 15/7/2022 15:21

Make that nearly 30 pence, going back to £4 plus a share ?.


Did not expect such a rapid accent.

[essentialinvestor] 15/7/2022 12:53

Currently Up over 20 pence from Tuesday's low point, doubt recent volatility is complete.

[essentialinvestor] 14/7/2022 16:54

Two nice days in a row, eh.

[essentialinvestor] 14/7/2022 10:34

Helical trading approx £2 a share below that last figure, assume the next NAV update on on the H1.


We look to be building up to a couple of large down days for wider equity markets,
at least how it feels to me atm, let's see.

[spectoacc] 14/7/2022 07:38

Agreed - what's the EPRA NAV tho?

[essentialinvestor] 14/7/2022 07:32

Looks a solid enough update.

[essentialinvestor] 13/7/2022 17:43

Overdue a better day, whether today's price action is transitory, let's see.

[spectoacc] 11/7/2022 16:19

Slightly concerned that we've had all these REIT falls so early - interest rates to likely double from here, consumer crunch not properly kicking in until autumn. But value is value, & will out eventually.

[essentialinvestor] 11/7/2022 16:17

Very!.


I've missed the final divi at just over 8 pence on the majority of these
only fair to say.

[spectoacc] 11/7/2022 16:15

Best of luck, tho does feel like there's just too much on offer atm! Sadly I'm very long many of them already.

(Quick again ;) )

[essentialinvestor] 11/7/2022 16:13

Now bought back all shares sold In March, whether a good idea of not!.

[essentialinvestor] 29/6/2022 15:10

Spec, you are very quick off the mark!, I will give you that.

Also added a small amount of Capco.

[spectoacc] 29/6/2022 15:07

Good luck. Looking at the d/g effect on BLND & LAND today, & wondering about follow-through..

[essentialinvestor] 29/6/2022 15:05

Back in today.

[rambutan2] 31/5/2022 21:10

Results webcast available for Central London office watchers:

[essentialinvestor] 24/2/2022 14:46

Spec, thanks for the reply, appreciated - I've sold my modest amount at a 5% loss.

[spectoacc] 24/2/2022 14:25

I don't follow GPE closely enough to comment, but HLCL not alone among smaller REITs in holding relatively well - but I doubt they'll stay up if/when things get worse.

Eg SIR about my only riser, & BCPT was up on the day earlier too.

A question for those in cash - when are you going to punt?

[essentialinvestor] 24/2/2022 11:19

Tempted to switch funds here to GPE given their respective prices today.

Any thoughts?.