Primary Health Properties Share Discussion Threads

[mirandaj] 17/9/2021 08:14

Community Impact Fund launched https://ir.design-portfolio.co.uk/viewer/20/19726

[gbh2] 07/9/2021 08:09

This company throws new shares about like confetti!

[panshanger1] 01/9/2021 14:50

New ATH @170Nice

[grahamg8] 31/8/2021 07:48

Possible synthetic interest rate hedge. If rates go up, yield on PHP needs to follow, only way is share price down, so a short position would make sense. Counter argument is pressure on interest rates would be caused by higher inflation, PHP rent reviews would be higher in places where there is a link to RPI/CPI, income into PHP rises, drives share price higher. Go long on PHP. Longs and shorts balance out, and hey presto we have a market.

[chucko1] 30/8/2021 20:28

Sometimes, shorts are not quite what they appear to be. Do you know what the shorting fund does and what, if anything, they are running against it? For example, Odey used to run a large short in IG Group. All it was was a hedge against regulatory risk messing up their uber long in PLUS. There appears to be a smattering of shorts (above the notifiable hurdle) totalling 2.88% on PHP. None of them notably aggressive.

[williamcooper104] 28/8/2021 14:43

Has long had quite high short interest - which I never understood

[skinny] 28/8/2021 12:36

https://www.shorttracker.co.uk/company/GB00BYRJ5J14/

[panshanger1] 28/8/2021 10:33

Small increase in short interest

[mach100] 27/8/2021 14:59

Good point Makinbuks. Anyone know where I can buy shares in Bury Council? Kier Starmer Ltd? V Putin Enterprises? Carrie Fisher Johnson Ltd at Downing St?

[makinbuks] 27/8/2021 10:55

Big for an individual asset and not 100% healthcare which is a slight departure. No mention of initial yield. Shrewd move by Bury Council to bundle their admin offices included as on a stand alone basis they would have had to pay a lot more

[skinny] 27/8/2021 07:50

Acquisition. Primary Health Properties PLC ("PHP" or the "Group"), one of the UK's leading investors in modern primary healthcare facilities, announces that it has acquired the Townside Primary Care Centre and adjacent office building in Bury, Lancashire for a total consideration of GBP40 million. The Townside Primary Care Centre is a substantial purpose-built primary care hub which is fully let to NHS Property Services and a pharmacy. The office accommodation is also fully let with 90% of the income secured against Bury Council. The combined WAULT for the two adjacent buildings is 10.8 years with 91% of the contracted rent secured against government backed tenants. This acquisition will increase PHP's portfolio to a total of 515 assets, of which 19 are in Ireland, with a contracted rent roll of over GBP138 million. Harry Hyman, Managing Director of Primary Health Properties, commented: "We are delighted to be making this substantial acquisition of a modern, purpose-built hub facility in Bury. The Primary Care Centre is a key component in the delivery of primary care in the area and serves approximately 22,300 patients, with a total of 17 General Practitioners located at the 3 GP practices located in the facility. The adjacent offices at 3 Knowsley Street are a key local government asset and operates as the main administrative offices for Bury Council. "We have a strong pipeline of opportunities in the UK and Ireland and are well positioned to continue to grow our portfolio and to support the healthcare systems in these markets through the provision of modern, primary care infrastructure."

[mirandaj] 08/8/2021 15:47

https://www.dailymail.co.uk/money/investing/article-9871747/Want-help-save-child-going-care-make-profit.html PHP mentioned as an idea

[mirandaj] 29/7/2021 16:56

https://www.proactiveinvestors.co.uk/companies/news/956412/primary-health-properties--lay-foundations-for-future-growth--956412.html Primary Health Properties PLC's (LON:PHP) CEO Harry Hyman and CFO Richard Howell explain to Proactive London's Katie Pilbeam the round up of their half-term results.  Their update shows the occupancy level is up 99.7% for the six months which ended on June 30th, while net rental income grew 4.5% to £67.7mln over the period, giving adjusted earnings of £40.7mln, up 13.1%. Hyman explains that as lockdowns and restrictions in the UK and Ireland are lifted, the COVID-19 pandemic continues to highlight the need for modern, integrated, local primary healthcare facilities. He also highlights the continued problem with Covid-19, namely long Covid and addressing the backlog of procedures missed over the last two years.

[panshanger1] 28/7/2021 11:07

Might make further progress here though if short interest reduces

[makinbuks] 28/7/2021 10:57

My take aways are that there is a strong pipeline of opportunities which will be addressed by increasing the debt level. And more emphasis than in the past on investments in existing properties to increase the WAULT Whilst rising LTV makes sense I'd be tempted to tap the market too at such a huge premium

[mirandaj] 28/7/2021 10:41

https://www.independent.ie/business/world/heath-care-investor-primary-health-properties-reports-double-digit-increase-in-earnings-40696991.html https://www.proactiveinvestors.co.uk/companies/news/216669/primary-health-eyes-growth-opportunities-in-uk-and-irish-healthcare-sectors-216669.html

[panshanger1] 28/7/2021 08:18

Well received by market New 52 week high

[skinny] 28/7/2021 07:54

Primary Health Properties PLC Interim Results. "The Board looks forward to delivering further earnings and dividend growth and remains confident in PHP's future outlook."

[mirandaj] 24/7/2021 18:14

https://www.standard.co.uk/news/politics/london-doctor-surgeries-unfit-for-purpose-b944887.html Mr Hyman quoted above.

[mirandaj] 20/7/2021 07:06

RNS Non-Regulatory 20 July 2021 Primary Health Properties PLC Investor Presentation PRIMARY HEALTH PROPERTIES PLC is pleased to announce that CEO Harry Hyman, CFO Richard Howell, and CIO Chris Santer will provide a live presentation relating to the Group's Interim results for the six months ended 30 June 2021 via the Investor Meet Company platform on 29th July 2021 at 4:30pm BST. The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 9am the day before the meeting or at any time during the live presentation. Investors can sign up to Investor Meet Company for free and add to meet PRIMARY HEALTH PROPERTIES PLC via: https://www.investormeetcompany.com/primary-health-properties-plc/register-investor Investors who already follow PRIMARY HEALTH PROPERTIES PLC on the Investor Meet Company platform will automatically be invited. -Ends- Further details: Harry Hyman Richard Howell Chief Executive Officer Chief Financial Officer Tel: [phone] Tel: [phone] David Rydell / Steph Watson / Tilly Abraham (Buchanan Communications) Tel: [phone]

[makinbuks] 14/6/2021 19:40

Yes those shorters will be under a bit of pressure

[panshanger1] 14/6/2021 17:32

Decent volume and more progress Nice

[makinbuks] 07/6/2021 09:53

Currently 2.39%, pretty much unchanged all year though down from 3.17% in Q4 2020 hxxps://shorttracker.co.uk/company/GB00BYRJ5J14/

[panshanger1] 04/6/2021 13:18

Chugging along nicely in recent months Wonder if short interest is reducing ?

[paulboz] 23/5/2021 11:07

Thanks, Chuck. Not what I wanted to hear but better to be aware of this than not. I may open an HL account and put my PHP shares in there.