Raven Prop P Discussion Threads

[holts] 25/3/2020 19:28

We are suffering Putins bull , although there does seem to be some acceptance now that it is a problem , if they go all out to try and follow WHO advice then it should come back , however there is no reason their tenants wont expect payment holidays , its therefore been slaughtered like all other propcos .

[montyhedge] 25/3/2020 18:47

Must admit surprised not risen on a couple of up days for the markets. Kenny where are you, your the expert.

[lynton3] 25/3/2020 18:21

Kenny, where are you? What's your take on this? Would be good to hear from you!

[montyhedge] 24/3/2020 10:37

Never missed a payment in all the times they been going. At this yield compounded, double your money every 5 years.

[eeza] 24/3/2020 09:23

XD month before payment (payment last day of each qtr Mar, june, sept, dec)

So XD ~13 Feb (2020)
15 May
14 Aug
13 Nov

May be a day or 2 out

[montyhedge] 24/3/2020 09:07

Always paid every 13 weeks, even through 2008 trouble.

[zangdook] 24/3/2020 09:02

kickingking - thanks

CWA1 - I mean the timetable for the year, not just the last ex-div and the next payment. When I buy a new stock I like to add it to my records so I know what is coming in and when throughout the year. Sorry if I didn't make that clear. Sites like dividenddata.co.uk don't seem to cover prefs, and Mark Taber's once excellent site on all things fixed interest has been taken offline.

Edit: I see it's in the header on the other board

[kickingking] 24/3/2020 08:49

Payment is end of each quarter, so this month will be 31, then June, Sept, Dec. 3p tax free in Isa. 12p per year.

[cwa1] 24/3/2020 08:35

Come on, I posted that very information about half a dozen or so posts ago, How hard can it be?

[zangdook] 24/3/2020 08:32

Can anyone tell me the ex-div and payment dates, I can't find them on the company site or anywhere else, and Mark Taber's fixed income site seems to be defunct, sadly.

Thanks

[cassini] 24/3/2020 08:17

Isn't there a witholding tax if taken as cash???

[montyhedge] 24/3/2020 08:12

Yes take the dividend and reinvest at 86p.

[tyranosaurus] 23/3/2020 18:40

Scrip dividend based on 134p per share.
Ouch.

[otemple3] 23/3/2020 16:37

That's my plan - glad I opted out of the scrip!

[montyhedge] 23/3/2020 16:01

When investors get their 3p payment on the 31st bet there's a lot of reinvestment at 86p. Yield incredible.

[holts] 20/3/2020 14:20

Russia is not cutting rates in attempt to help Rouble, losing battle that .

[cwa1] 20/3/2020 13:50

6 February 2020

Raven Property Group Limited ("Raven" or the "Company")

Preference Share Dividend (RAVP)

The Directors of the Company confirm that the quarterly payment of the preference dividend in respect of the preference shares of 1p each with ticker RAVP (the "Preference Shares") will be made, in accordance with their terms, on 31 March 2020 in respect of the period from 31 December 2019 to (but excluding) 31 March 2020. The record date for the payment of the preference dividend for the Preference Shares is 14 February 2020 with an ex-dividend date of 13 February 2020.

The Preference Shares will be entitled to a gross dividend of 3 pence per Preference Share.

A scrip dividend alternative (to be settled in Preference Shares) will also be available for all preference shareholders in respect of the preference dividend.

[montyhedge] 20/3/2020 13:47

Is payment date 31st March guys, just being lazy, lol.

[montyhedge] 20/3/2020 11:28

All being well hopefully a gift from the stock market gods at this price and yield.

[horndean eagle] 19/3/2020 12:08

Russia isn't immune to pain. They have a greater threshold than most to suffering but at sub $20 they are burning through a lot of cash. Interest rates will have to rise as inflation rises. Will start to see some public anger spilling over somewhere or other. Can't see Putin folding this early though. Would look weak to his electorate. The last thing he needs.

[cc2014] 18/3/2020 14:19

#441

If Russia can't even agree an oil production cut with Saudi to keep the price of oil 30% higher than it is now, what chance do we think Russia coming up with a financial package to support a Russia warehousing business where the majority of the investors aren't Russian and the profits get mostly sent abroad to the UK?

Ok, that's a little harsh because any decision will be for the overall economy, but what measures are Russia taking to support their economy and are they extensive as the US, France, Germany, Italy and the UK? How much do you trust the Russian Government to look after the man in the street vs the elite?

In the end, these may be called pref shares, but that's Woodford's and Invesco's influence and some would describe it is debt by another name and high yield corporate debt is very very red the last couple of days. It's risk off right now.


It's difficult times right now. I don't have this one but I have enough pain elsewhere. Some of the selling is a move to cash regardless of price. That will be happenning here. It will eventually run it's course. Could take a day, a week, whatever...

[montyhedge] 18/3/2020 14:09

Problem is sellers of ETF high yield funds panicking seen it before 2008.But they have always paid. Hopefully bargain of the year.

[cassini] 18/3/2020 13:22

13.8% yield now. What's got into this today? An 8.5% fall today already and it's only lunchtime. Other prefs are falling, but not this much.