Raven Prop P Discussion Threads

[ramellous] 07/6/2021 12:07

thanks for the heads up

[igbertsponk] 07/6/2021 08:31

New update from Equity Development

"an assured 10.5%"

Can't get the link to work but you'll find it on the RAV thread.

[cwa1] 07/6/2021 08:23

ED research:-



To us, the valuation of Raven’s Ordinary and Cumulative Pref shares appears to provide inexpensive access to a high-quality warehouse portfolio, respectively yielding 6.8% prospective and an assured 10.5%.

and

Investors attracted by the core property case but concerned by short term currency and commodity price volatility, could consider the attractions of the Cumulative Preference Shares (RAVP). These currently yield an assured 10.5% vs the 6.8% prospective for the ordinary shares more vulnerable to forex shifts. The ordinaries should, however, deliver an attractive medium term total return, if a more stable political backdrop prompts RUB/GBP recovery.

[tradertrev] 01/6/2021 16:34

That should pay for a few more palaces for Putin.

[kenny] 01/6/2021 11:23

"Russia’s Currency Reserves Hit Record $600Bln"

[montyhedge] 31/5/2021 11:57

You want directors to have skin in the game, has the yanks say.This pref been paid every quarter since it started 2008.

[rayg5] 28/5/2021 17:15

The directors live sumptuously on the pref income. It's a great return. Yes, they bought below par but that's what these greedy beggars do.

[montyhedge] 26/5/2021 17:41

Who cares, has long has the 12% pref keeps getting paid.

[my retirement fund] 26/5/2021 09:55

Shareholders are still being subject to prejudice by the entitled parties who were given that enormous Woodford chunk at discount. This could go on for years whilst they realise their profit from this dodgy deal which will run in to tens of millions.

[zangdook] 19/5/2021 15:07

Paper no more. 300,000 gone through at 115 and 115.25.

[gfrae] 17/5/2021 08:14

zangdook, the 300,000 at 90.8 was probably the management consortium backing up someone who did not take up their commitment (and making a £75,000 paper profit in the process! ).

[zangdook] 16/5/2021 15:13

They could make it a penny a month if they were really feeling chummy.

[montyhedge] 16/5/2021 12:27

Yes every 13 weeks, money in the bank.

[spectoacc] 13/5/2021 12:54

Love how rapidly these seem to come around. If it was 6p every half year it wouldn't feel nearly as good.

[igbertsponk] 13/5/2021 08:45

Divi confirmed as per dates above.
13 May 2021

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 30 June 2021 in respect of the period from 31 March 2021 to (but excluding) 30 June 2021. The record date for the payment of the preference dividend for the Preference Shares is 21 May 2021 with an ex-dividend date of 20 May 2021.

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

[cwa1] 13/5/2021 07:21

13 May 2021

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 30 June 2021 in respect of the period from 31 March 2021 to (but excluding) 30 June 2021. The record date for the payment of the preference dividend for the Preference Shares is 21 May 2021 with an ex-dividend date of 20 May 2021.

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

[zangdook] 12/5/2021 08:30

I wonder why that 300k at 90.8p showed up last night.

[cwa1] 07/5/2021 08:21

Meeting results announced...



All resolutions passed overwhelmingly

Onwards, and hopefully, upwards

[igbertsponk] 07/5/2021 08:13

All resolutions passed so the buyback will proceed. Pretty overwhelming votes for everything so onwards we go!

[gfrae] 29/4/2021 13:32

I have voted against. It is a very good deal or would be if the shares were being bought in for cancellation.. but the main beneficiary is the management who have an instant £8m paper profit at today's prices. Are they not paid enough ?

[zangdook] 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.

[igbertsponk] 29/4/2021 12:35

I've voted in favour.

Try other thread for expectations of 2028 inflation on banana prices in Ulan Bator.

[kenny] 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."

[meathed] 26/4/2021 12:27

double dang...