Newriver Reit Share Discussion Threads

[chucko1] 21/10/2019 11:39

No clue, and I really do not care!! At this stage, I feel Brexit is just noise, as is Woody and Barnett. I care more about recession risk and interest rates so far as NRR is concerned.

[davvero] 21/10/2019 11:05

@chuck01 ---- so if the deal is delayed today we assume the extension will be granted - the share price will jump this afternoon or tomorrow morning - ?

[chucko1] 21/10/2019 10:26

“Existential threat” to the share price ??? So what you are saying is that if Barnett sells, it’s all over.

When I talk about the daftness of some in the market ...

... makes it easy to find a few bargains, however.

[spectoacc] 21/10/2019 10:19

Always said Barnett was the elephant in the room BUT he's sold little bits of everything when faced with redemptions - unlike Woody, who sold all the liquid stuff until only the cr*p left.

So Barnett's Top 10's are all highly liquid, generally divi-paying. He does, tho, have much of the Woody cr*p lower down, some of it really quite laughable.

I'm not including NRR in the "cr*p" definition, of course not, never ;)

[eeza] 21/10/2019 10:17

Woodford Mk2.

[hpcg] 21/10/2019 10:11

The heat starting the get applied to Barnett. His position is an existential threat to the share price irrespective of the performance of the company.

[chucko1] 19/10/2019 16:11

In the short term, it does move with Brexit events, absent of more overwhelming fund selling. In the long run, NRR is likely to move more in line with its own fundamentals, many of which will become clearer over the coming quarters.

[davvero] 19/10/2019 15:56

Posters everywhere have kept talking about volatility but having navigated through all these years of inconclusive Brexit surely it should make much difference to NRR whther a deal goes through or not... Ok, if the boris deal goes through there could be a mmomentary boost of some kind, as everyone knows the Brexit reality and problems will not end with a deal... so, unless there are speficic issues with and within the company itself, why should NRR suffer if boris deal is rejected and replaced by an extension?...

[spectoacc] 19/10/2019 13:29

@Minerve 2 - that's the Tory Party.

[minerve 2] 19/10/2019 11:35

"Its customers died. It was a brand for old people."

Didn't anyone get old to replace them?

[hpcg] 18/10/2019 20:52

It is just one after the other, especially in ladies fashion.

[kev0856153] 18/10/2019 18:50

Bonmarche has gone into administration.
Does this affect New River

[cc2014] 18/10/2019 14:30

#1878. Can't sell a bit of everything due to CGT.
Got one 5 bagger for example. If I keep I get dividends on say 100. If I sell I pay 20% tax and have only 80 to re-invest. Prefer to keep the dividend stream on the 100 than have a new one on 80.

NRR were all tax sheltered in SIPP/ISA so no CGT to pay.

(Shouldn't let the tax tail wag the dog on share decisions but when the tax is as much as your initial share investment it kind of hurts, albeit I wish I had more problems like this to deal with!)

(Also I took one look at INTU opening at 46p on 85k shares and it kind of tipped my feelings a bit too).

L2 suggests to me NRR looking good for a further run up during the afternoon as soon as the seller at 212 clears.

[spectoacc] 18/10/2019 13:50

Lol @2wild - can't we all....

Well done - still holding my rump here, aiming for 220's, expecting it next week if the deal gets voted through. May end up stuck with them if it doesn't but I'll happily take that annual divi.

[2wild] 18/10/2019 13:43

Settlement has indeed been 2 days for several years now, just look at any of your trade confirmations.

Have sold 25% at 212.3p, 217.7p inc 5.4 ex div. Not bad as last paid 187.16 on Thursday last week.
Makes a change as I can sometimes lose money that quickly.

[chucko1] 18/10/2019 12:22

CC, perfectly reasonable. I have been selling Brexit stocks the past few days as well. This also includes some NRR that was purchased at lower prices. But why sell all as opposed to selling a few of everything? I sold all my LLOY (though bought some back cheaper this morning) and took profits on obvious things like TW. and shaved some off WHR and GCP and PHP. And a few others. I see the vote failing tomorrow but eventually something close to this deal will pass and without much more delay.

But at (now 10% yield) current sp, I still see NRR as the best risk/reward of the lot and I see fairer value being an 8% yield - implying a share price of circa 255p. It's not my largest holding, but is fairly close, and that is only because of the high volatility on this one, and the Barnett/Woodford fiasco.

[davvero] 18/10/2019 12:01

cc2014... thanks for your comprehensive reply... Good luck...

[cc2014] 18/10/2019 11:22

Daverro,

The ex-dividend date is different from the record date due to the time it takes to settle trades. So, if you buy the stock on a Wednesday on the day before it goes XD, even though it shows in your account immediately on Wednesday, the share register held by the registrars does not update the same day as it is not done real time and it is the share register which is used to determine what dividends to pay.

So, the XD date is different from the record date. I am assuming that it now takes 2 days to settle trades, thus the diffence between 16th and 18th Oct. (I was sure it was 3 but somewhere in the back of my mind I think I read an article saying it had been brought forward one day).

A quick internet search will provide you with more details on this

None of this is really important. It's the XD-date you need to pay attention to.



As an aside the only time you will need to worry about settlement dates is if you sell a share a day before a company goes bust in which case "less honourable" brokers will assert they can't settle the trade so your trade is voided.

[davvero] 18/10/2019 10:24

kenmitch.... thank you for replying... I understand fully what you say... And when I say the next dividend I do mean january one....
what I am plussed about is why on the last dividend (the one which went ex-dividend 16 october) on NRR website says the RECORD date is 18 october... How can the record date be 18th of october?
... this is what I do not understand...

[spectoacc] 18/10/2019 09:18

Can't go bust taking a profit, well done. And that 5.4p XD to come.

[cc2014] 18/10/2019 08:45

I've closed. With regret. I'll explain.

I have too many Brexit stocks. It's been worrying me for weeks but kind of hit a plateau last night. If it's sucessfully sorted I will make enough to significantly change my retirement. If it falls apart it's not that I would have to go back to work but things would be tighter than I would like.

Too many eggs in one basket and not enough diversification if you like. I'm happy to put my put my balls on the line and take a position I believe in but there's a point where the risk is just too great no matter how much I believe in a trade.

NRR like my other Brexit stocks have had a good run the last 10 days or so, so I've cashed this in.

I honestly think the balance of probabilty is Brexit will get sorted and therefore selling NRR is the wrong thing to do but I've decided to de-risk a little.


NRR has been a decent trade for me. GLA.

[kenmitch] 17/10/2019 14:00

davvero

Investors will receive the NEXT dividend if they held NRR yesterday and earlier.

The dividend after that is early next year. Any investor holding NRR (or any share) the day before ex dividend date gets that dividend.

So investors could buy a share the day before it goes ex dividend and then sell the next day or very soon after. Doing that hat can pay off if share is on a good run.

[cc2014] 17/10/2019 13:31

The NEXT dividend will be in January and the exact date has not yet been announced.