Impact Healthcare Reit Share Discussion Threads

[cwa1] 28/10/2021 07:10

XD today, pay day 19/11

[speedsgh] 15/10/2021 10:40

NAV, PORTFOLIO UPDATE AND DIVIDEND DECLARATION -

HIGHLIGHTS FOR THE QUARTER

· Unaudited net asset value ("NAV") as at 30 September 2021 of £392.1 million, 111.82 pence per share (NAV as at 30 June 2021: £388.0 million, 110.66 pence per share).

· The unaudited NAV total return for the quarter was 2.5%, comprising dividends paid in the quarter of 1.6025 pence and 1.16 pence per share growth in NAV.

· Dividend per ordinary share of 1.6025 pence declared today for the period, in line with the Company's annual dividend target of 6.41 pence per share for the year to 31 December 20211, a 1.91% increase over the 6.29 pence in dividends paid per ordinary share for the year ended 31 December 2020.

· The Group's property portfolio ("Portfolio") was independently valued at £447.7 million as at 30 September 2021 (valuation as at 30 June 2021: £432.4 million) . This represents a 1.4% increase in value on a like for like basis in the quarter and a total increase of 3.5% over that period including an acquisition and a disposal.

o The like-for-like movements resulted from both rental growth and some yield compression.

o The Group achieved an attractive average rental growth level of 3.79 % on assets which were reviewed during the period.

o 100% of the Group's rental income is linked directly to inflation: 87.4% RPI (with a floor and cap at 2% p.a. and 4% p.a.), 11.5% RPI (with a floor and cap at 1% p.a. and 5% p.a.) and 1.1% annual CPI uplift.

· The portfolio EPRA 'topped up' Net Initial Yield at 30 September 2021 was 6.67% (30 June 2021 6.75%)

· The Group continues to receive 100% of rent payments as they fall due.

· Gross loan to value ratio ("LTV") was 14.5% as at 30 September 2021 (at 30 June 2021: 13.7%) .

· The Investment Manager continues to progress a strong and growing pipeline of attractive investment opportunities with a number in exclusivity. The potential investment opportunities in the pipeline are managed by high-quality operators, well maintained and offer the Company attractive levels of rent cover and a blended net initial yield in line with previous acquisitions made by the Company.

[continues]

[sharesoc] 07/10/2021 14:19

Not long left until our webinar with Impact Healthcare REIT (IHR) on the 20 October 2021. Andrew Cowley, Managing Partner will be presenting:

[wilwak] 30/9/2021 19:41

Why the sudden share price weakness?

[nerja] 30/9/2021 18:19

I don’t know sold half of mine but it seems more than a placing now, all the bond proxy shares are going the same way, it where the bottom for them is relative to interest rates that may be the key!

[cwa1] 30/9/2021 16:36

Certainly fell away at the death, so wouldn't be surprised

[catch007] 30/9/2021 16:22

CWA1 - Thank you

Held off adding here as a placing seems imminent following THRL fund raise

[cwa1] 30/9/2021 13:19

Edison research...

[sharesoc] 26/9/2021 21:48

We are hosting a webinar with Impact Healthcare REIT (IHR) on the 20th October. May be of interest to current shareholders and potential investors:

[nerja] 08/9/2021 06:42

They look good for a top up, but they also look like another placing is due, so caught in two minds

[18bt] 08/9/2021 06:32

Yes, happy with those. A c5% premium to NAV sounds fine considering the inflation-linked yield these give.

[nerja] 08/9/2021 06:24

Seem pretty good results to me

[18bt] 01/9/2021 13:32

I don't think you will get tax back if held in non-tax exempt account - a PID isn't classed as a dividend for the purposes of £2,000 0% dividend exemption.

[backwoodsman] 01/9/2021 08:50

Hi CW, I think your ISA should get the tax back as a matter of course. The answer to your first question is that it depends on your personal tax position.

[cwa1] 01/9/2021 08:39

Morning All

I took my first holding here in a NON tax protected format and the recent dividend has been paid nett of 20% tax by my broker-ii in this case. I assume this is correct...but can I claim it back anywhere? Also, if I held in an ISA with the same broker would I automatically get the full amount credited to my account?

Thanks for any feedback

[cwa1] 13/7/2021 15:46

Edison research from today:-



Valuation: Robust, indexed, long-term income

FY21e DPS represents an attractive yield of 5.4%, with good prospects for fully covered dividend growth (both on an EPRA basis and adjusted ‘cash’ basis), supporting the c 7% premium to Q121 NAV per share, a discount to peers.

[cwa1] 27/5/2021 07:34

XD today for 1.6p, pay day 11/6

[cwa1] 13/5/2021 06:08

From today's update:-

Rupert Barclay, Chairman of Impact Healthcare REIT plc, commented:

"The Board is pleased with the ongoing strong performance of the Group's growing portfolio and continuing 100% collection of rent due. We remain a long-term business focused on healthcare real estate that provides crucial social care infrastructure supporting vulnerable elderly people across the UK.

The Board remains confident that, despite the short-term uncertainty produced by the pandemic, the fundamental drivers of the Group's market and business remain strong and sustainable. The net proceeds of the equity raise announced on 30 April 2021 enable the Group to continue to capitalise on its attractive, near-term and growing pipeline of potential acquisitions that are expected to deliver further attractive returns to our shareholders."

[davidosh] 29/3/2021 12:33

Just to mention that Impact Healthcare will be one of ten companies featured in the March results round up in the MelloMonday show tonight. It will be a really packed five hour show but here are the timings....


Programme for the evening

5.00 pm Introduction to our Mello Roadshow
5.05 pm Alun @MrContrarian reviews the Mello BASH companies
5.10 pm Company presentation by Judges Scientific
5.40 pm How to join corporate fundraisings with Primary Bid
6.00 pm Company presentation by Filta Group
6.30 pm Leon Boros interviews Peter Harrison from Bioventix
7.00 pm Company presentation by Digital Box
7.30 pm A March results round up with Paul Scott, Gordon @glasshalfull & Alan Charlton
8.00 pm Company presentation by Get Busy
8.30 pm New IPO presentation by Parsley Box introduced by James Deal, Primary Bid
8.50 pm Mello BASH with Alan Charlton, Alex Schlich, Richard Crow (@RebelHQ) and Kevin Taylor


If you have not been before the webpage is here Do use this code for a half price ticket MMTADVFN50

[cwa1] 29/3/2021 09:54

Results out this morning:-



NAV UP
100% rent collection
Dividend forecast to increase in the coming year

Outlook and summary

As demonstrated in 2020, our business is resilient and our portfolio provides crucial infrastructure supporting vulnerable elderly people across the UK. We remain well-capitalised and are confident that the fundamental drivers of our industry and business remain strong, even if the recovery from COVID-19 is slower than we would like. We are positioned to deliver further portfolio diversification and growth that will generate attractive returns for shareholders. At the same time, we will continue to responsibly deliver value to our tenants, their residents and healthcare professionals, over the long term.

Steady and solid as she goes :-)

[cwa1] 04/3/2021 09:42

Mine too, thanks for flagging it up

[arv2168] 04/3/2021 09:30

Now arrived.

[cwa1] 04/3/2021 08:15

Cheers, thanks. If nothing else it helps to know you are not the only one!

[arv2168] 03/3/2021 17:50

I am with Halifax Sharedealing and am also waiting.