Primary Health Properties Share Discussion Threads

[panshanger1] 30/8/2024 11:59

Totally agree long term hold for me ( held for 5 years already !) been buying AGR on dips recently too

[affemoose] 30/8/2024 10:02

I cannot help but agree Makinbuks but sadly we will have no real say in it.

FIngers crossed it stays as is.

[makinbuks] 30/8/2024 08:38

I for one hope not. Ask yourself why PE would want this. Why not have that benefit ourselves as existing equity holders? The interest rate cycle has turned, nothing is ever a 100% given, but PHP could easily re-rate to £1.20 in the coming year. In the meantime you will continue to receive a progressive dividend and margins will improve too as finance costs decline

[george stobbart] 30/8/2024 06:26

PHP takeover chatter on Times & React / Green Street which is a credible source

Shah on property: could GP surgeries be a prime takeover target?
28 Aug 2024 08:15 BST | by Oliver Shah

City gossip puts private equity in FTSE 250 empire PHP’s waiting room

[panshanger1] 21/8/2024 15:29

Nice spike 100 back in sight Been a while

[yachtmaster2] 05/8/2024 12:54

Yep. Added a few yesterday and today.

[return_of_the_apeman] 05/8/2024 12:50

Yep, had some too :-)

[chucko1] 05/8/2024 12:23

7.7% yield on a significantly reduced Gilt YC is an interesting play on such a day. Not without shortish term risk, but I feel like buying increasing panic cheaply.

[affemoose] 25/7/2024 13:41

I have learnt the hard way to trust Edison not one jot. The 'interview' is a prime example - read off a script, easy questions that were probably planted etc. No stretching questions at all, no examination of the decrease in Asset value in a so called 'strong market', no questions about the refinancing of debt, etc etc

Usual nonsense. I could have read a PPT in half the time and got the same info.

That said, I think PHP have a good future, some bumps to navigate but they're not that worrying. Is, and will remain, a foundation stone of my investments.

[paulboz] 24/7/2024 13:04

Inflation is low at around 2% but the base rate is still 5.25%, which is probably a bigger factor for the share price. While the latest update is underwhelming it's not at all bad IMO. I also found the interview with the CEO encouraging. If the share price dips below 90p I'll be topping up. All the best.

[dandigirl] 24/7/2024 10:52

Underwhelming, especially given recent levels of inflation.

[mirandaj] 24/7/2024 10:07

Edison Interview:




"In this interview Mark Davies, CEO of Primary Health Properties (PHP), talks about PHP’s results for the six months ending 30 June 2024, as well as the company’s strategy for continuing fully covered dividend growth. PHP is a specialist UK real estate investment trust, with a secondary listing on the Johannesburg Stock Exchange. It is a long-term investor in primary healthcare property in the UK and the Republic of Ireland. These are mostly let to general practitioners and the NHS or HSE, organisations backed by the UK and Irish governments, respectively, and represent 89% of rents. The long-term need for primary healthcare facilities is driven by demographic trends and is relatively unaffected by economic conditions. In both the UK and Ireland, populations are growing and ageing, with more complex healthcare needs. The defensive nature of healthcare property, PHP’s tenant profile and long, mostly upwards-only leases provide an exceptionally secure and growing rental income stream to support progressive dividends. PHP is now in its 28th year of unbroken dividend growth."

[petewy] 24/7/2024 09:18

Usual good results

[panshanger1] 09/7/2024 14:45

Been between 2 and 3 percent for a number of years Regardless of share price movement seems to stay the same Strange

[essentialinvestor] 09/7/2024 14:28

Shorts do not appear to be closing their positions at over 3% - that's the combined short interest of those with positions Over 0.50%.

[skinny] 01/7/2024 10:50

FWIW :- HSBC raises Primary Health to 'buy' (hold) - price target 114 pence

[speedsgh] 27/6/2024 11:58

Notice of Interim Dividend -

The Company announces that the third quarterly interim dividend in 2024 of 1.725 pence per ordinary share of 12.5 pence each will be paid as to 1.45 pence by way of a Property Income Distribution ("PID") and the remainder as an ordinary dividend on 16 August 2024 to shareholders on the register on 5 July 2024...

[tremari] 21/6/2024 15:10

Will it head north when we get closer to that rate cut in August .....

[essentialinvestor] 11/6/2024 13:53

Beginning to look interesting again?.
Bought a few.


Short interest not decreasing btw, only fair to say