Newriver Reit Share Discussion Threads

[skyship] 29/1/2016 09:05

Agree with you about the UAI chart - share price locked in a confirmed downtrend for months. There have been some very profitable swings in the past - hoping to play that again ahead of the end April Finals; though bought in rather too early this time around.

[shauney2] 29/1/2016 08:00

SKY,thanks very much for the offer but i like to pick my own horse in a race.Maybe if we back date it a few months!

Had a quick peep at UAI.Looks interesting.Well under NAV,directors buying heavily.Chart is awful though but that can soon change on any positive news.

Good luck with that.

[skyship] 28/1/2016 18:07

shauney - quite right. But even a stopped clock is right twice/day!

Seriously though, over the past 2yrs the share price is up c12%. Add in the 5% from dividends and I agree, you're ahead of the game by c11%pa.

NRR shareholders are lucky that the increasingly fallible Woodford has hovered up stock on a mega scale. Whilst he is there, the chance to sell and move on remains.

I'll have a bet with you.

You have NRR @ 336p. I have UAI @ 211p. Timescale 4 months (I want to get UAI's Finals covered - usually end April!)

Diarised....

[shauney2] 28/1/2016 14:18

SKY,
You have been saying the same for a couple of years now.We must of had about 25p in dividends and nice rise in the share price all be it well above NAV.

[skyship] 28/1/2016 13:56

Woodford continues to hold NRR up - almost single-handedly - these should be back to the 300p level; so take advantage of his aberration and take profits!

[shakeypremis] 14/1/2016 11:26

Both Invesco and Woodford Investment Management piling in here in recent days. Woodford bought over 10million shares.

[juuunx2] 08/1/2016 15:15

Red and ShauneyHere's hoping for a prosperous new year..Regards M

[shauney2] 08/1/2016 14:07

Thanks for that juuunx.

A trading update next Monday.

[redartbmud] 08/1/2016 12:14

juuunx

I hope that the IC tip isn't the kiss of death.

When I took my position in Nrr it was for the long term, or until they sell out.
the aim was modest capital growth and growing yield. So far I am not disappointed.

red

[juuunx2] 08/1/2016 12:01

Tipped in IC today under income tip of the year. Summing up they say' Nrr's shares offer a number of attractions not least of which is their high and growing dividend yield. What's more, this income opportunity should be introduced to a wider audience of investors in July if plans go ahead to move the shares from aim to the main market. Buy JC' All looking good here and nice to see it tipped in IC. RegardsM

[salchow] 11/12/2015 09:44

SKYSHIP - yes, but this is a quite different from some propcos I hold. It is not just largely passively holdings investments but is creating value from them on a very regular basis. My view (rightly or wrongly) is that there is further to go and my point was that a drift down to 325p in itself is the sort of thing that happens when everything is going well with nothing to worry about. Anyway, my overall views are probably quite different from most - having been investing for getting on for almost 50 years I think the prospects for this country are exciting - I have never been a pessimist.

[redartbmud] 10/12/2015 19:38

Fwiw I believe that Sky is correct.

[skyship] 10/12/2015 17:50

"Surely we don't have short term traders in this"

Salchow - sorry, but if you invest in propcos then you have to invest the cycle. A statement of logical fact - just take a look at the chart of BLND over the past decade...

The current cycle is nearer the end than the beginning, so watch out when holding stocks at an NAV premium.

[salchow] 10/12/2015 11:11

I don't think it will necessarily drift down to 325p (obviously it will if the market falls) but if it does, so what? Surely we don't have short term traders in this.

[skyship] 10/12/2015 10:47

It was just too tempting for the BoD. The share price up at 360p was absurd; such a premium represents a massive opportunity to raise cash - still at a premium; but the overvalued stock makes the 325p placing price look halfway good value.

The price will inevitably drift down to the placing price IMO...

[bscuit] 10/12/2015 09:33

Did you suggest that has a share holder you would want
to go "inside" and invest? Perhaps an approach to PH would have been better?

[joan of arc] 10/12/2015 09:27

Voting to waive your pre-emption rights is like turkeys voting for Christmas. Why were they put in the original articles of incorporation if it now suits the directors to get rid of them.

I have no doubt that it may serve the directors interests but I, for one, am not convinced that it is in mine. Per se I am not interested in actions "fundamental to the future growth of the Company" but rather capital and income growth per share. Furthermore the bigger the share base the harder that objective becomes as well.

I believe that at the EGM the costs of a rights issue should be explained and we should be given the option to decide which way we want the funds raised, if at all.

[gorilla36] 10/12/2015 09:23

Red - I have emailed NRR accordingly. It will be telling if I get a response and what it may contain. Lol…re GLE, now on a watch list.

[redartbmud] 10/12/2015 09:03

gorilla

I am not a fan of share tip letters, but on this occasion Gle appears to be a company with some substance.
I just don't see £15.16 by 2019. I would eat my hat if iy happened.

red

[redartbmud] 10/12/2015 08:41

gorilla

I agree on the topic of placings. I always feel short changed. A relative few are given the chance to flip shares, bought at a discount, at the expense of existing shareholders, who need to buy in the market if they want to maintain their holding in the company.

red

[gorilla36] 10/12/2015 08:33

I don't necessarily have a problem with a placing, but I always feel that existing shareholders should be allowed to participate. Sure it is a little messy and administratively heavy but if you own part of the company no matter how small you should be able to partake….simples! Any thoughts?

[gorilla36] 09/12/2015 15:12

SKY/Red - Don't know if you have heard of The Penny Share Letter (I know, I know !!). I not normally a fan of "penny shares", anyway they seem to dedicate each monthly issue to a single share. This month was M.J. Gleeson (GLE). I have to say I was impressed with the balanced write up. They do seem to have a rather unique model. The long and short of it is the author reckons they could be worth £15/£16 by 2019 (£5.50 now).

[redartbmud] 06/12/2015 17:04

Sky

Thanks for the comment.


red

[skyship] 06/12/2015 14:43

Red....Housebuilders - there was massive support for the sector early this year; and the prices obviously got ahead of themselves. Since then we've had 5-6 months of indigestion consolidating the gains. Personally I feel that, although we are approaching the usual Q1 season to buy house-builders, 2016 will break that play and the whole sector will continue to track sideways.

As for the commercial property sector, in many cases the whole of 2015 has been a consolidation phase - just take a look at the BLND chart. I think 2016 will reassert the dominant trend; though one should perhaps have to be more selective. NRR for instance is priced for perfection 2-3 year's hence, just when the cycle may be coming to an end; so IMO the current share price is illogical!