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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
  1.00 0.88% 115.00 112.00 116.00 114.00 114.00 114.00 293,733 16:35:17

Raven Prop P Discussion Threads

Showing 1401 to 1424 of 1450 messages
Chat Pages: 58  57  56  55  54  53  52  51  50  49  48  47  Older
DateSubjectAuthorDiscuss
29/4/2021
12:42
I'm not voting. It'll pass but I don't approve but not strongly enough to bother registering an objection with my tiny fraction of a percent. Pathetic but I spend too much time on this stuff anyway.
zangdook
29/4/2021
12:35
I've voted in favour. Try other thread for expectations of 2028 inflation on banana prices in Ulan Bator.
igbertsponk
29/4/2021
00:35
"Goldman Sachs’ latest forecast is for (US) inflation to remain around the Fed’s target at least through 2024. The firm said it sees the rate, as viewed through the Fed’s favorite indicator, the core personal consumption expenditures price index, to run at 2.05% at the end of 2021, then 2%, 2.1% and 2.2% each year through 2024, respectively."
kenny
26/4/2021
12:27
double dang...
meathed
25/4/2021
11:10
"Myth-Busting: Money Printing Must Create Inflation" hTTps://insights.factorresearch.com/research-myth-busting-money-printing-must-create-inflation/
kenny
23/4/2021
13:09
"The Bank of Russia increases the key rate by 50 bp to 5.00% p.a." hTTps://www.cbr.ru/eng/press/pr/?file=23042021_133000key_eng.htm
kenny
22/4/2021
15:39
Underlying government bond yields are moving consistently higher as the outlook for growth and inflation continues to surprise to the upside. Year-to-date returns for global investment grade are -3.28% versus +0.67% for global high yield. So what is the reason for the differential in credit returns? Quite simply, it’s the composition of the underlying yield from risk-free and credit spread. Within investment grade, 54% of the yield is from spread (92bps of spread against 1.71% yield) in comparison to high yield where 87% of the yield is from spread (375bps of spread against 4.31% yield). This makes the asset class far less sensitive to underlying risk-free rate moves, which logically makes sense. As a lower-rated cohort of companies within fixed income, high yield corporate spreads are more tied to economic recoveries than investment grade, which is more tied to the move in underlying rates (the two should in theory be inversely correlated). As a result, high yield tends to do well in a rising rate environment with its lower duration characteristics and its corporate spreads tied to economic fundamentals. In short, high yield is a quasi-asset class that sits somewhere between traditional fixed income and equities. It straddles the dynamics of both markets which has resulted in the asset class achieving equity like returns, but with around half the historical volatility.
kenny
22/4/2021
15:33
"Russia to Withdraw Troops From Ukraine Border, Crimea" hTTps://www.themoscowtimes.com/2021/04/22/russia-to-withdraw-troops-from-ukraine-border-crimea-a73705 This news has lead to the rouble gaining about 1%.
kenny
22/4/2021
10:51
CC2014, I agree with your comments above. I wonder if we are back to the circumstances that applied pre-Covid, which was a "TINA" market, namely "There Is No Alternative" - because interest rates are likely to stay low for many years.
kenny
22/4/2021
09:48
CC2014, Possibly switch into large, long established high yielding companies?
gary1966
22/4/2021
09:19
Hi Kenny. I agree there is absolutely no fear. The market is buying everything. Bonds and equities regardless. It worries me a bit. I am actually looking at selling some (more) of my fixed interest (not RAVP) because the yield genearlly is getting crazy low but no matter how hard I look I can't find anyting I want to switch into. I note much of the pref movements may have aligned with the ISA new year. Not much to do here except wait. A share price of 160p (lol) would still give a running yield of 7.5% which well exceeds the running yield on every other pref (noting of course this is Russia). I don't think we'll exceed 140p though until the Rouble changes direction.
cc2014
22/4/2021
08:44
The buy back and the j/v will almost certainly significantly increase NAV...20% odd of the company is being bought back ex the amount being placed at almost half NAV. I am not even going to attempt to work it out. There will also be a boost from the removal of the overhang though offset by possible flipping by hedgefunds.
gfrae
21/4/2021
23:49
Seems to be good demand for preference shares, at present. More or less all of the other UK preference shares I monitor or hold have moved up over the last few weeks. Some preference shares, like LLPC, AV.A and AV.B have even exceeded their pre-Covid price levels. No sense of fear of higher interest rates in sight.
kenny
20/4/2021
12:49
Thanks kenny, i have edited the post. Nav has fallen since then in line with further rouble weakness, currently around 36p.
flyfisher
20/4/2021
12:46
Having briefly read... I assume RAV NAV will over the period of the j/v and as a direct consequence of it increase. The company has a call over the unencumbered j/v shares at their cost price.
gfrae
20/4/2021
11:47
flyfisher - I think the 53m contribution shares are valued at approximately 28.8p each. Also, the NAV before the transaction was 41p per ordinary and moves to 42p.
kenny
20/4/2021
10:13
Circular out https://uk.advfn.com/stock-market/london/raven-property-RAV/share-news/Raven-Property-Group-Limited-Publication-of-Circul/84858851
igbertsponk
20/4/2021
10:08
ta for nudge, sorted.
igbertsponk
20/4/2021
08:05
At first glance. The company contributes £15.3m into the j/v for which manco contributes an equivalent amount of 53.030310m ordinary shares. Also the vtb loan is to RAV and is higher in ranking to the prefs, so we are subordinated.
flyfisher
20/4/2021
07:14
When you have a moment, you could update the greatly superior header to remove mention of RUSC.
zangdook
19/4/2021
18:07
The company has just issued the document. Meeting to approve fixed for 6 May.
kenny
19/4/2021
12:40
flyfisher - the agreement with Invesco has a long stop date of 10 May so you would think the documents would be issued soon in order to give investors time to decide which way to vote. Leaving, say, 14 days for that would mean the documents should be issued this week or early next week.
kenny
19/4/2021
10:47
Why is it taking so long to complete the invesco transaction?
flyfisher
19/4/2021
10:03
Nothing to do but sit back and enjoy Monty and for me thank the trading gods that on the day the price fell close to par I had the cash sitting there doing nothing which allowed me fill up not only my boots but also my wheelbarrow. Going out for a walk now for a few hours and when I get back I look forward to the share price rising some more.
cc2014
Chat Pages: 58  57  56  55  54  53  52  51  50  49  48  47  Older
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