Primary Health Properties Share Discussion Threads

[skinny] 24/11/2023 10:50

Hopefully today in my SIPP - it will be after midday with HL.

[woodhawk] 24/11/2023 09:45

A newbie question: when and how is the PID element of the dividend credited to your ISA account? As cash?

[r9505571] 07/11/2023 19:14

Bond yields are hurting the property sector. Assura, the GP surgeries landlord slid 1 3/4p or 4% to 43.5p

[mirandaj] 02/11/2023 12:57

Harry Hyman giving a detailed explanation on listing in Johannesburg on Business Day TV about 2 weeks ago:



www.businesslive.co.za

[goliard] 02/11/2023 10:57

Rise not due to the announcement. Just the market realising that the yield is too high compared to bonds. Same at Assura. I actually feel sorry for the new CEO as Harry will still rule over this.

[panshanger1] 02/11/2023 10:05

Market certainly likes it

[topvest] 02/11/2023 07:49

Harry Hyman to become Chairman. Very good news. Always better to have someone with skin in the game, particularly with difficult market conditions.

[rik shaw] 24/10/2023 08:53

and trading update:

[mirandaj] 24/10/2023 08:19

Primary Health Properties PLC
(Incorporated in the United Kingdom)
Company Number: 3033634
LSE Share Code: PHP
JSE Share Code PHP
ISIN Code: GB00BYRJ5J14
LEI: 213800Y5CJHXOATK7X11
(“PHP” or the “Company”)


Pre listing announcement EDIT and now much more can be found on this page:

[mirandaj] 17/10/2023 19:26

Williamcooper104
I have just read all about Intu/Liberty which was extremely interesting and I had not realised all that had happened regarding all the changes and demise.
Hopefully PHP has firmer foundations and as they say themselves:"PHP is a strong business creating progressive returns for shareholders by investing in healthcare real estate let on long term leases, backed by a secure underlying covenant where the majority of rental income is funded directly or indirectly by a government body."

[williamcooper104] 17/10/2023 10:55

Hopefully not too many South African investors remember how owning Intu/Liberty might have helped them with capital controls but at a little cost

[mirandaj] 17/10/2023 09:57

In safe hands:





Ticker to be announced.

South Africans are quite constrained with regard to what they can invest in.
This will broaden share ownership in PHP.

[bscuit] 17/10/2023 08:55

What is the purpose of a secondary listing when the company isn't putting any shares into the exchange? Just to enable holders there to make on-exchange matched bargain transactions?

Apologies if being naive.

[mirandaj] 14/9/2023 12:39

2023 Highlights:

[makinbuks] 13/9/2023 09:20

Borrowing in Euro's against Euro revenues cheaper than sterling at the moment

[mirandaj] 13/9/2023 07:46

For interest from February and it seems just part of what PHP intend

[mirandaj] 07/9/2023 21:25

The Company will not place or issue any new PHP shares in connection with its application for a secondary listing on the JSE and will remain listed on the premium segment of the Official List in London. PSG Capital Proprietary Limited have been appointed as Corporate Advisor and Sponsor.

PHP believes that admission to trading of the shares on the JSE will be beneficial to the Company and its stakeholders. The Board of PHP believes that the secondary listing can be expected to contribute to liquidity in the Group's shares through its increased profile in the South African market, where a number of investors have already shown strong interest in investing in PHP, driven by its high-quality, government-backed income stream and robust operating model.

Interest and liquidity  are key.

[williamcooper104] 05/9/2023 22:05

Latent defects means under a traditional FRI it's likely the tenants problem - but in practise that can rebound on the landlord; so wouldn't rely on it Well worth asking about It's buildings from 1950s to early 80s so shouldn't be a huge problem for PHP

[epo001] 05/9/2023 19:49

It has just occurred to me that PHP may some some exposure to RAAC. Will be a question worth asking.

[ptgint] 04/9/2023 16:12

Is this the forewarning of the new man brought in to raise more capital ?