Primary Health Properties Share Discussion Threads

[goliard] 23/6/2013 10:34

Good job I wasn't asking for your trust then. You can value an opinion, or even respect it (or the opposite). Buy you only trust people, not opinions. Maybe that's what you are saying.

[old crow] 23/6/2013 08:45

What the Crows say is including my own, never trust other peoples opinions

[goliard] 22/6/2013 15:45

Seems a safe bet that AGR will outperform PHP and MedicXgoing forward, but I don't really see too much upside in any of them to be honest. Just safe homes for cash while interest rates stay low and possibly some consolidation play at some point.

[old crow] 22/6/2013 09:15

Keep smiling say the Crows, glad we changed our minds and did some more bottom fishing on PHP

Steve Sprigens, Director of Barclays Real Estate, comments:
 
"Building on our recent finance facility with PHP, we're delighted to continue to support the Group with their property acquisitions, and look forward to supporting them further with their on-going business needs."

[llados] 21/6/2013 21:53

Not a very inspiring write up in IC today re: healthcare properties. PHP considered the outsider. Holding for the yield.

[roddyb] 21/6/2013 17:58

Nice bounce today? Extra two properties purchased yesterday and our yield of 5½% looks sustainable? I'm happy.

[3800] 13/6/2013 18:57

Don't worry about the dividend Beardmore thats what the fund raising was for! Save your concern for for the lack of dividend cover, as you highlighted that is the problem, as for premium to NAV that appears to be a thing of the past.
3800

[beardmore] 13/6/2013 18:17

A poorly-handled fund raising. The share price since March (when word about the prospective share issue evidently became known) has slid and now is below the recent offer price. Meanwhile, we're left with an uncovered dividend and the hope that Harry Hyman will spend the new capital wisely enough to secure the premium to NAV and cover the dividend. As a shareholder I'll wait but wonder whether the gilt is off the gingerbread.

[garywigley] 13/6/2013 17:56

eburne1960, I agree, looking longer term myself, but it's just bloody annoying, can't complain still well ahead on my original purchase but still, these things are sent to try us

[old crow] 13/6/2013 08:32

318 now and the shorters selling to cut their loses

[eburne1960] 12/6/2013 21:38

Same here, I loaded up on the excess application. I rather think the share price will do nothing/gently fall in the short term as all the new stock gets digested, but it has always been a long term play so probably best not to focus too much on day to day movements!

[garywigley] 12/6/2013 19:12

Only problem is my open offer order is now losing money based on the Bid price of around 312.50, pants down again! hindsight and all that.

[old crow] 12/6/2013 16:36

So PHP raises the 60 million plus and up yours to all the shorters

[ygor706] 05/6/2013 08:04

The reports in this morning's press about the NHS being unsustainable in its current form must be very good news for all holders of PHP. If hospitals start to close and are replaced with bigger and better GPs surgeries it must be good news for us. No wonder the management want more money to "take advantage of opportunities in the market place".

[old crow] 30/5/2013 17:11

Rupert
with respect i cant relate commercial properties to doctors surgeries
am sure technically your right but?
a further interesting factor look at the previous PHP fund raising 18th May 2012
the price dropped like a bomb and them went up like rocket
reckon my 3800 allotment could be a good bet.

cheers

[beardmore] 30/5/2013 13:12

The "Offer" does not seem particularly compelling - £3.15 and today's price is £3.18. Barely worthwhile breaking out the Cheque book.

[rupert1] 30/5/2013 12:46

Old crow, Not sure I agree with your assessment. Commercial yields are below the long term average, and long let investments to secure covenants have never been more in demand. I am sitting tight but agree that the offer is not very attractive.

[old crow] 29/5/2013 14:36

3800 ,Another very strong factor for being optimistic with PHP
the property market has been stagnant for too long can only move north
and improve their balance sheet

[goliard] 28/5/2013 19:10

Really? Their plan appears to have failed. Check out the AGR reply to their offer to see why MedicX are not the best investment. My preferred order is;

1. AGR
2. PHP
3. MXF

[cnx] 28/5/2013 19:02

i'm buying medix they seem to have a plan

[old crow] 28/5/2013 18:39

3800

The Crows could maybe feel more content when the next results are known
and the div is holding with better cover

Having said this we are always going to need doctors surgeries and we love the long leases with built in increases
so 3800 cheer up

[3800] 28/5/2013 18:00

Did the medicx bid for Assura value the company below NAV? Just musing if PHP may be raising the money to make a bid, that is IF it raises the money, as old crow posted there isnt much point in taking up the offer. Im getting a little sceptical about PHP after holding for almost a decade how does everyone else feel about the company and the uncovered dividends?
3800

[old crow] 28/5/2013 17:47

Total waste of offer buy at 315p when you can pick them up at todays price
of 322p and the Crows entitlement is over 3800 shares