Primary Health Properties Share Discussion Threads

[skinny] 02/12/2019 16:28

New High @148p.

[schofip] 18/10/2019 15:09

Bit of long term forecasting with tongue firmly in cheek.
When the second referendum is held and the vote is overwhelming to remain. A lot of the safety stocks with high NAV's will most likely fall. and the stocks that have been undervalued by the uncertainty will motor. I can see a switch from overvalued safety to undervalued risk on.

[bscuit] 17/10/2019 22:20

It is the reward for being in early.

[chucko1] 17/10/2019 19:04

Normal fare - AEWU/L, ESP, NRR, GABI, IHR. And RGL.

And some others. Other people will have different ideas, but I thing PHP is expensive whereas the others are not. PHP is great quality, but 4.17% yield is very low in comparison and is explained by a NAV premium over 30%. As of Jun 30 2019, it was 105.2p. Safe assets, of course. 99.5% occupancy but as I say, you certainly pay for it.

[enormouswillie] 17/10/2019 18:42

And what might they be then?

[chucko1] 17/10/2019 15:50

This one has been a gift horse. Buy on the dip and drink wine for a week or two. Then gradually sell.

But there are now far better risk/rewards. I would not want to get caught holding this in the middle of a trade with the NAV way down below.

[skinny] 17/10/2019 14:06

A new high @141.60p.

[chucko1] 27/9/2019 14:57

It seems as though, like last time, those buying on a sudden placement-inspired dip will be reasonably rewarded. That said, on PHP you’re paying up a little for the high quality.

[makinbuks] 24/9/2019 18:12

I'm happy to see others buy shares as long as its at a premium to NAV

[iamnotanumber6] 24/9/2019 12:34

People like NOVECKINGOOD really shouldn't buy shares.....

[buywell3] 24/9/2019 07:39

I think so

Tangible book value per share on FT is 99p

Wonder what the placing will be at ?

[noveckingood] 24/9/2019 07:32

A placing at 12.5p that flies in the face of recent positivity ??!

[1olddog] 19/9/2019 17:24

But miffed that we were excluded from latest financing deal. Only in as much that the drop in share price before the issue gives an opportunity to top up at favourable prices. I suppose a really switched on holder would have noticed that drop down to 130 and realised what was going on.

[skinny] 19/9/2019 11:51

Looking at that 139p high again.

[1olddog] 29/7/2019 11:09

Very happy to build the Euro Income.

[1olddog] 29/7/2019 11:09

Very happy to build the Euro Income.

[skinny] 22/7/2019 07:29

.

Further to its announcement on 12th March 2019, Primary Health Properties PLC ("PHP"), one of the UK's leading investors in modern primary healthcare facilities, announces that it has completed the acquisition of The Meath Primary Healthcare Centre, Dublin 8 ("Meath PCC"), a standing let primary care centre in the Republic of Ireland.

Primary Health Properties ICAV, an Irish investment vehicle wholly owned by PHP, has acquired the Meath PCC for a total cost of €10.987 million.

This acquisition is PHP's fifteenth asset in Ireland (including built and committed assets) and increases PHP's total portfolio to 484 properties, with a gross value of over £2.3 billion and a contracted rent roll in excess of £125 million. The gross value of the Irish portfolio is expected to be approximately €200 million when current contracted and onsite developments reach practical completion.

[1olddog] 08/7/2019 12:37

Thanks. Have had a look at those two. Agree better yield but tenants not quite as secure. Will probably get a few in interests of diversification.

[chucko1] 05/7/2019 18:26

I hold IHR and THRL in small sizes at higher yields. Not the same pedigree as PHP, but far lower valuation. I will repurchase PHP if an opportunity arises as its a quality REIT. The best.

[1olddog] 05/7/2019 17:41

Know what you mean. I’m holding as weighted average good bit lower and I hope for reasonable income in long term. In fact might even top up again next time they call for cash, provided the offer is attractive. Good luck.

[chucko1] 05/7/2019 15:02

I sold the lot the past week. Not always at the best price, but it was fine nonetheless. I just do not like the premium here.

[1olddog] 05/7/2019 14:32

#835 You called it right chucko. What now?