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% 131.50 129.00 134.00 131.50 131.50 131.50 19,856 07:48:00

Raven Prop P Discussion Threads

Showing 126 to 149 of 450 messages
Chat Pages: Latest  6  5  4  3  2  1
DateSubjectAuthorDiscuss
08/2/2019
23:41
Amazing to think that this gold project is so big that it could support the rouble irrespective of sanctions: Siberian Gold Find Brightens Ruble’s Future Wall Street Journal | 7 Feb 2019 | Thomas Grove Sukhoi Log, widely seen as one of the world’s largest untapped gold deposits, could give Moscow a bulletproof currency backstop. “This is the Holy Grail of gold mining effectively, given the quality and given the scale.” The news is good for both Polyus and the Russian government. Unlike other producers that move their bullion on world markets, Polyus sells its gold exclusively to large Russian state banks, which then resell it to the country’s central bank. Once mining begins, the bank can use the mine’s gold to support its ruble currency or sell it for extra foreign currency in times of crisis. According to Polyus, Sukhoi Log is likely to be producing more than 1.6 million ounces of gold every year for more than 35 years, one of the longest lifespans of any mine globally.
kenny
07/2/2019
11:37
RNS Number : 2833P Raven Property Group Limited 07 February 2019 7 February 2019 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 1 April 2019 in respect of the period from 31 December 2018 to (but excluding) 31 March 2019. The record date for the payment of the preference dividend for the Preference Shares is 15 February 2019 with an ex-dividend date of 14 February 2019. 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. The scrip dividend circular will be available on the Investor section of the Company's website (www.theravenpropertygroup.com), and will also be available for viewing on the national storage mechanism (http://www.morningstar.co.uk/uk/NSM). Letters notifying the holders of Preference Shares of the presence of the scrip dividend circular on the Company's website and how to access it will be sent on or around 21 February 2019. The last date for receipt of completed forms of election (in accordance with the terms thereof) will be 8 March 2019
11_percent
06/2/2019
08:35
XD next Thursday for the record.
cwa1
05/2/2019
18:25
This ship looks to be a turning!
my retirement fund
31/1/2019
14:14
CBRE have published their Q4 2018 Moscow warehouse report. In terms of the outlook for 2019 they state: “General market trends and its active growth create prerequisites for further rental rates upturn. In 2019 we expect, that rental rate may increase by 7-8% compared to the Q4 2018. As a result of the steady demand and low volume of new construction the vacancy rate will decrease to 4-5% and the shortage of warehouse space will increase. The decline of vacant space will stimulate an increase in rental rates, which can reach 3,900-4,000 RUB/sq m/year by the end of 2019.” ==================================== It is great that someone has now quantified what might happen to rental rates in 2019. Also good to see a prediction that vacancies will fall again. If market rental rates increase by 7 – 8% in 2019 (being the first increase in 6 years), then that is going to be amazing for the company’s financial security. Of course, it is too early for anyone to forecast what market rents will do in 2020 but a long-term investor like me is looking forward to a continuation of recovery in the market! To state the obvious, an increase in rental rates would lead to an increase in warehouse capital values. That has two beneficial effects for the company, namely, a) an increase in property values offsetting the 2018 depreciation of the rouble and making any refinancing they wish to undertake quite easy, and b) the various properties they purchased in 2017 and 2018 at yields of 12% or more, look like even better bargains.
kenny
25/1/2019
13:08
My current research suggests there is a definite upward move in the warehouse market both in Moscow and the rest of Russia. Below is a quote from the CBRE Moscow region warehouse Q3 2018 research: “As of the end of Q3 2018 vacant space decreased to the lowest level over last four years – the last time a lower rate was observed in Q3 2014. Significant reduction of indicator in absolute terms also occurred - for 9 months the market has absorbed 38% of the vacant space which was available to the market at the end of 2017. On the background of vacant space declining we are witnessing another important trend - rental rates for warehouse space increased for the first time in the last six years. Despite the fact that this growth is moderate, it indicates the beginning of market transition from oversupply and price "bottom” trends to a market balance.” I understand the "moderate" increase in rents referred to is 3% for that quarter. Imagine if rents increase by a total of say, 10%, over 2019. That would be a modest increase compared to the decrease in the last 6 years but, importantly, it would transform the outlook for Raven Property. Add in the 6% annual indexation on rouble leases together with vacancies gradually being filled, the result: the company's financial position and cash flow would materially improve.
kenny
04/1/2019
16:53
Personally been adding to other Prefs lately as think the value here has diminished due to the others falling alot more
hindsight
04/1/2019
16:06
Interesting to see this on the move again, meanwhile I'll get yet another divi soon.
owenski
04/1/2019
09:12
Another wee tickup as the flight to boring returns continues.
igbertsponk
04/1/2019
01:53
Almost all preference shares quoted on the LSE rose on Thursday as worries of a big economic slowdown appear to be coming to fruition. Limited talk of deflation, currently, but lots of talk of that big economic slowdown now becoming a fact. Now being suggested that the Fed will be on hold in 2019 and will reduce (yes, reduce) current interest rates early in 2020. Ordinary shares do not look that attractive, if future earnings are static or falling. The fall in share values in 2018, at about 12%, looks severe but everyone ignores the fact they zoomed up about 25% in 2017. In that context, the fall has not even started! I think fixed income will become very valuable over the next 3 years – perhaps a lot longer - so resist the temptation to cash in on future capital gains. China’s economic imbalances could develop into something very serious that takes a decade or more to resolve.
kenny
03/1/2019
09:35
Lot of movement on one tiny buy!
igbertsponk
03/1/2019
08:49
Happy New Year tickup (though not of course Russian Christmas yet).
igbertsponk
03/1/2019
02:08
"The specter of deflation is haunting risk markets" hxxp://www.atimes.com/article/the-specter-of-deflation-is-haunting-risk-markets/
kenny
23/12/2018
10:18
Thanks for your posts on here Kenny and happy and prosperous new year to you.
renewed1
22/12/2018
01:54
With the Fed and ECB now engaged in QT (Quotative Tightening), I think we are going to be hearing a lot about the threat of deflation. The whole World is so highly indebted and that combined with deflation possibly being on the horizon, means it is hard to imagine that interest rates will rise much from here. Lots of talk that the Fed made a mistake raising rates this week. Also the two rate rises the Fed have penciled in for 2019, are being frowned upon. Indeed, there is also talk that in 2019 the Fed will not only be unable to raise interest rates but will have to slow or pause it’s $50b per month QT. World money growth has collapsed to Lehman era levels. It appears to be a bit early for deflation to be flagged up as a threat to us individual investors but I imagine that quite a few articles will appear in the next few weeks. Here is one I found today after a bit of searching: hxxps://www.elliottwave.com/European-Markets/Europe-Embarks-on-Deflation Looks like a secure high yield may be the place to invest – as I suggested some weeks ago.
kenny
19/12/2018
23:18
An article from yesterday which I think is worth a read: "Credit markets signal recession in early 2019 as central banks keep tightening" https://www.telegraph.co.uk/business/2018/12/18/credit-markets-signal-recession-early-2019-central-banks-keep/?li_source=LI&li_medium=li-recommendation-widget
kenny
12/12/2018
16:15
Quality assets showing.
igbertsponk
06/12/2018
13:40
The news of a high yielding property purchase has been totally lost in the market's current volitility. This transaction alone adds about £3.5m per annum to the cover on the preference coupon.
kenny
05/12/2018
08:53
13.7% yield sounds good. Picking up bargains! 5 December 2018 Raven Property Group Limited ("Raven" or the "Company") Acquisition The Board of Raven is pleased to announce that a subsidiary of the Company has entered into a conditional agreement ('the Agreement") for the acquisition of a completed warehouse in Nizhny Novgorod, a city 400 km east of Moscow, together with 21.5ha of adjacent land from a fund managed by Amstar. The warehouse complex of 64,375sqm is fully let with a weighted average unexpired lease term of 8.4 years, the majority of space let to ZAO "X5 Nedvizhimost". Consideration for the acquisition is Roubles 2.8 billion with expected annual income of Roubles 347 million giving an initial yield of 13.7% on the completed asset. The acquisition is subject to the satisfaction of certain escrow arrangements. Glyn Hirsch, Chief Executive of Raven said: "We are delighted to acquire this quality asset on a very attractive yield"
igbertsponk
05/12/2018
08:45
Raven Property Group Limited ("Raven" or the "Company") Acquisition The Board of Raven is pleased to announce that a subsidiary of the Company has entered into a conditional agreement ('the Agreement") for the acquisition of a completed warehouse in Nizhny Novgorod, a city 400 km east of Moscow, together with 21.5ha of adjacent land from a fund managed by Amstar. The warehouse complex of 64,375sqm is fully let with a weighted average unexpired lease term of 8.4 years, the majority of space let to ZAO "X5 Nedvizhimost". Consideration for the acquisition is Roubles 2.8 billion with expected annual income of Roubles 347 million giving an initial yield of 13.7% on the completed asset. The acquisition is subject to the satisfaction of certain escrow arrangements. Glyn Hirsch, Chief Executive of Raven said: "We are delighted to acquire this quality asset on a very attractive yield"
cwa1
04/12/2018
12:01
Pushkino filling up hTtps://e-vanteevka.ru/kachestvennye-skladskie-ploshchadi-v-ivanteevke-zapolneny-pochti-na-100
igbertsponk
04/12/2018
11:57
No shops please! Surely even in Russia retail is in decline. hTtps://www.vedomosti.ru/realty/news/2018/10/19/784107-vikupit
igbertsponk
04/12/2018
11:47
The company is negotiating to buy a warehouse in the Moscow region. If this goes through, it would be a big purchase. This transaction would increase Net Operating Income and therefore provide yet more security for the preference classes coupon.
kenny
29/11/2018
17:37
Good to see a wee bounce back
igbertsponk
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