Raven Prop P Discussion Threads

[spectoacc] 31/8/2021 07:26

Occupancy in particular is good.

[igbertsponk] 31/8/2021 07:11

Cracking results today. NAV per Ord share up from 40 to 50p!Occupancy and rents up, all good!

[rayg5] 27/8/2021 11:58

In the past it usually needed a rouble crisis to get this to 110 bid. I continue to be gobsmacked.

[waterfall city] 21/8/2021 10:55

Just reading about the placing and JV, yes buying at 90p there's a good profit to sell into, What a pity PIs couldnt participate like Duke does with its placements.

[kenny] 19/8/2021 11:11

Waterfall City - all of what you state is probably correct but the over-riding factor for now and probably some time to come, is the large overhang from the placing.

See post 1070 above for further commentary.

[spectoacc] 19/8/2021 09:15

Think that's the wrong link @famellous ;)

[ramellous] 19/8/2021 09:13

Let’s look inside a Russian warehouse.

[rayg5] 18/8/2021 15:51

I figure some institutional investors are prohibited from investing in Russia. That's a plausible explanation for the discount, isnt it?

[montyhedge] 18/8/2021 15:04

Sergo the old Slough Estates with industrial property, warehouses are booming, with online etc. Hopefully same in Russia, we all know if this was Sergo 12% Pref these would be trading at 225p, but of course 115p for Raven 12%, investors are scared of Russia. But he who dares Rodney, lol.

[igbertsponk] 18/8/2021 14:01

Inching back up which is a relief.

[montyhedge] 17/8/2021 09:31

Heard that argument for the last ten years, in the meantime collect a superb 12p dividend.

[waterfall city] 16/8/2021 17:46

For me the risk is the high debt and gearing, the nav on the ordinaries has been eroded by high property expenses and the rouble pound exchange rate. A rising nav is needed for the prefs to trade higher.

[kenny] 16/8/2021 01:16

Colliers report for H1 2021 shows that Moscow warehouse rents increased by 5% in the first half.

Download the full report from this page:

[holts] 15/8/2021 09:50

Oil is an economic plank in Russia , it won't drop out of producing as such as say Nicola Sturgeon now wants to. As others try to switch away from oil there will still be a demand and Russia will be happy to fill any gap

[rayg5] 15/8/2021 07:57

Yes, Zangdook, you're right about the 'competent leader'. He is not to the west's liking but Russians take a different view.

[rayg5] 15/8/2021 06:49

So there is a rising perception of risk here. Nonetheless the prefs are an important income source for the directors and, as is constantly being said, they have always paid out regardless

[rayg5] 15/8/2021 06:22

The diplomatic temperature is rising after Russia denies a visa renewal to a respected BBC Moscow correspondent. The question is whether this affects the internal Russian economy. Russia normally just stands firm against western sanctions and diplomatic tit- for-tat. As for oil, I don't believe it can rise further as global warming bites. Oil is of course a key economic driver in Russia.

[zangdook] 13/8/2021 08:53

depends on the share price at the time too.

[montyhedge] 12/8/2021 17:29

Lol yes been doing that on this for about 14 years, lol.

[holts] 12/8/2021 17:08

Snap , it can be disturbing when you think about it .

[montyhedge] 12/8/2021 17:03

Not every dividend went back in Raven Pref, spread the risk into other stocks and prefs.But no complaints.

[igbertsponk] 12/8/2021 15:22

1.03 to the power of 56 (14 times 4) = 5.23
So you'd have quadrupled your money if reinvested every divi.

[montyhedge] 12/8/2021 15:10

Love this Pref, cheque on the doormat every 13 weeks for the last 14 years.More than doubled money with compounding.