Name Symbol Market Type
Raven Prop P LSE:RAVP London Preference Share
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.0% 135.00 133.00 137.00 135.00 135.00 135.00 0 08:00:00

Raven Prop P Discussion Threads

Showing 401 to 424 of 525 messages
Chat Pages: 21  20  19  18  17  16  15  14  13  12  11  10  Older
DateSubjectAuthorDiscuss
05/9/2019
12:59
Cheers, good luck with it!
cwa1
05/9/2019
12:56
Thanks for the response CWA, appreciate it. Barclays tbf are looking into it and will give me a call back but of the brokers I use, I would have to agree they are the worst.
otemple3
05/9/2019
12:12
Hi otemple3 First of all it is a scrip issue rather than a script one! Secondly, IMO, I reckon they are probably correct to say that you would need to opt in before XD day to ensure that you can take the scrip option for technical/record reasons. And this comes from someone who thinks Barclays are the amongst the worst brokers out there, so have no bias towards them.
cwa1
05/9/2019
11:41
I use Barclays as they are one of the few who allow the script option. I have just phoned up to change my preference (with the deadline of 5pm tomorrow) and been told that I would have had to have notified before the ex div date. Seems crazy as script price isn't announced at this point and forms of election are not sent out till the following week. Has anyone else experienced this?
otemple3
04/9/2019
07:54
130.75p to buy at the moment
martincc
04/9/2019
06:08
I have no idea of the size of the overhang or how long it will take to clear but it is obvious that there is an overhang.
kenny
03/9/2019
13:28
Yes size of overhang.
montyhedge
30/8/2019
12:41
Monty was asking the size of the overhang (number of shares), I think.
eeza
30/8/2019
11:05
The Woodford overhang arises because some of the institutions that bought Woodford's holding, only bought to flip part or all of their RAVP for a quick profit. Seems to be standard practice when they buy below market price.
kenny
30/8/2019
10:44
Kenny whats the Woodford overhang thats left ?
montyhedge
30/8/2019
10:30
I have been reviewing the latest Edison report issued on 28 August. Of particular interest to me are the forecasts for 2020 and 2021 - see the bottom of page 5 for the figures and the top of page 6 for the assumptions used. Also see page 8 for the forecast results in IFRS format. Basically, it indicates that the coupon on the preference is secure even though they project that the high 'dividends' of 3p per annum will continue to be paid on the ordinaires, albeit that cost is mitigated by the fact there are now 14.8% less ordinaries in issue. Overall, it appears to me that given the conservative nature of the assumptions used in the forecasts, I can almost go to sleep(!) for the next two and a half years - at a minimum - and just keep collecting the quarterly dividends. Really worth looking at the conservative nature of the assumptions made and coming to your own conclusions. Please DYOR and note this is not a recommendation, not least because RAVP is really only for very long term money. In any event, there is currently an overhang of ex-Woodford shares which could take some time to be absorbed by buyers.
kenny
27/8/2019
13:26
You can buy the pref at just under 132p today (ex 3p qtly div payable 30 Sept) , a flat yield of 9% after comm .
bench2
27/8/2019
07:51
Woodford must be in trouble if sold his jewel in the crown the 12% pref.
montyhedge
27/8/2019
07:11
Morning Just had a glance at this morning's RAV results and one of the bits that jumped out was this paragraph... There has also been a significant change in our shareholder register following the well publicised events at Woodford Investment Management ("WIM"). The opportunity to purchase the WIM ordinary shares for cancellation at a significant discount to net asset value was too good to miss and on a proforma basis, would result in a further 5p increase in net asset value per share. It is disappointing to see one of our longest standing supporters withdraw but life goes on. The WIM holding of convertible and irredeemable preference shares were placed with over 35 institutions. Excellent to see them placed and nicely widespread too.
cwa1
27/8/2019
06:58
The Woodford holdings in Prefs and Convertibles still showing on the Raven website. Both shown as at 30th June. Not too many Prefs (8%) but 42% of the Convertibles.
igbertsponk
27/8/2019
06:50
thanks, I must have skipped that bit. I suppose you don't have to declare changes in holdings of prefs as they don't carry voting rights? I wonder if that's a backdoor for building a quiet stake in a company by acquiring convertibles.
zangdook
27/8/2019
06:34
Not so. Woodford seems to be out totally:"The WIM holding of convertible and irredeemable preference shares were placed with over 35 institutions."
igbertsponk
27/8/2019
06:30
I don't know why they say he's no longer a stakeholder, he still has gazillions of prefs and convertible prefs.
zangdook
27/8/2019
06:22
Good results today.Valuations upDebt being migrated to RoublesLettings goodWoodford rightfully thanked but gone. Without him none of us would have been able to make the huge gains we have done as there would have been no Raven.
igbertsponk
26/8/2019
08:03
Interim results are due tomorrow and likely to confirm the good news on NAV. Normally, that might lead to a re-rating of shares in RAVP. However, with some of the ex-Woodford holding of RAVP still over-hanging the market, I do not anticipate any increase until those shares find firm holders. Of greater interest to holders who intend to hold for the long term, like myself, will be information about a) lettings and, b) the trend in rents.
kenny
26/8/2019
07:31
pogue - ultimately we must all make our own decisions and I do not wish to be responsible for anyone else's portfolio decisions. Good luck whatever you decide.
kenny
26/8/2019
06:59
Actually I am doing very similar to that Kenny i started investing in a goldmine late last year when trends started becoming obvious in the world economy. Have been selling shares and pouring money in there and it has doubled in price I am now looking at my Prefs and bonds to see which ones I will keep and RAV is under consideration. I am not seeing it's defensive qualities being too strong in the scenario we facing and you are not giving me any coherent reasons to believe it is.
pogue
26/8/2019
04:29
Also, the old quote is, stocks can go down as well as up. The question for RAVP holders is whether the coupon is safe.
kenny
26/8/2019
03:10
If you think a global recession is going to be so dire, then the best course of action for you is to sell all your shares, bonds and property. Rent a property to live in and keep your funds in cash with various deposit takers - spread in order to provide protection because a number of banks are bound to flounder in a time of ultra low or negative interest rates caused by the depression you forecast.
kenny
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