Primary Health Properties Share Discussion Threads

[ygor705] 15/5/2024 15:32

Still keeps creeping up each day. My 90p top ups now looking quite good!

[affemoose] 15/5/2024 11:17

This REIT is paying 6.9% Divi yield. You want income - Lock that in now and you'll thank yourself in a year and even more in 5.

[blueclyde] 10/5/2024 07:38

Yep and that's why it is up every day now. Shorts in for a terrible time.

[jswjsw] 10/5/2024 07:18

Not many stocks you can buy for half book value ...
JSW

[blueclyde] 09/5/2024 11:22

Shorts really getting squeezed.

[skinny] 08/5/2024 09:03

FWIW :-

Deutsche Bank starts Primary Health Properties with 'buy' - price target 110 pence

[blueclyde] 08/5/2024 07:38

Could be a huge short squeeze here. Not sure there is enough volume to close the short positions as this quickly moves.

[orchestralis] 07/5/2024 12:30

Looking frisky

[blueclyde] 03/5/2024 12:41

Today's move in interest rates tells you everything about this imo.

[essentialinvestor] 25/4/2024 14:22

Added a few.

[orchestralis] 24/4/2024 11:28

Took a small position this morning and with agr

[epo001] 18/4/2024 12:52

??? Most of their tenants are NHS. 89% of revenue is Government funded.

[r9505571] 16/4/2024 18:02

I like this share because private treatments are on the increase. My Dad is 87 and getting an operation to resolve a cataract. £200 for the consultation and £2.5k per eye! I'm waiting on a scan but even going private the wait is still a month where it used to be a couple of days. Also huge problems trying to get a referral from my GP but got there in the end!

[essentialinvestor] 16/4/2024 13:24

Bought a small amount. Appreciate the depth of knowledge here. Interesting board to read, as with Assura.
Will add, if available lower down.

[rongetsrich] 16/4/2024 06:03

Is there a downside here?!!

[rongetsrich] 15/4/2024 12:07

Looking good here.

[blueclyde] 13/4/2024 13:07

It is the same thing because the problem the UK has with its government debt is that so much of it is inflation linked. That's what caused the spike in borrowing costs. When inflation is brought back sub 2% that will roll out of the bond prices also. That is why the long end of the UK bond market has not fallen yet whilst a 10 year German bond is 2.3% inflation was the problem.

[chucko1] 13/4/2024 11:48

Not really - it's based on a discount rate that relies much more upon long term rates, typically 10yr Gilts plus some spread.

Even if base rates fell by 200bps over the coming 18 months, I suspect 10yr Gilts would fall by a maximum of 100bps. Nevertheless, there is a correlation of course.

[blueclyde] 12/4/2024 23:02

You are forgetting the NAV is based on the current base rate interest amount. As the base rate falls the NAV will rise again.

[paulboz] 12/4/2024 21:55

With the current dividends, an share price of 180 would give a yield of only 3.83%. The current NAV is about 110p so I can't see 180p anytime soon.

[blueclyde] 12/4/2024 18:50

I can easily see this going back to 180p as rates start to come down. I think next weeks inflation figures may be the start of the catalyst, electricity prices are going to come down all this year. At the same time you are getting an 8% yield to wait to double your money. No wonder the insiders are buying shed loads.

[skinny] 12/4/2024 11:46

FWIW :- Jefferies raises Primary Health Properties target to 120 (110) pence - 'buy'

[hope1815] 10/4/2024 16:10

I added it to my Portfolio recently with the outlook toward 2025 being positive.

[warranty] 08/4/2024 10:22

Nice buy by Harry H but share price still not responding much.☹️

[ygor705] 21/3/2024 09:00

Looks like we might be starting to move back up to the £1 mark here. A recent post was talking about this being a decent hedge with 10 gilts. If that is the case and PHP is trending like a gilt, last night's Fed announcement should push the share price better.