Raven Prop P Discussion Threads

[kenny] 17/4/2019 10:09

JLL have issued their Moscow warehouse report for the first quarter of 2019. I am pleased to see that the reduction in vacancies continues - two extracts from the report are reproduced below:

“Take-up volume on the Moscow region warehouse market reached 348,000 sq m
JLL presents the Q1 2019 Moscow region warehouse market update. The vacancy rate has been declining for the past two years. According to real estate advisory, the vacancy rate in the Moscow region warehouse market declined by 0.3 ppt in the first three months of 2019, to 4.2%. The take-up volume in Q1 2019 was 348,000 sq m, of which 60% transacted on the secondary market, in line with recent experience. Warehouse completions reached 132,000 sq m, almost double the level of Q1 2018….

All the above factors together with the positive market indicators allow JLL analysts to expect an increase of the average rental rates by 5-10% until the end of the year.”
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I would be more that delighted if rental rates increased by even the lower figure of 5% in 2019. After about 6 years of no rental growth any change is welcome. Also, the company is now the biggest single owner of warehouse space in Russia, so applying any increase to 1.8m sq m produces a sizeable increase in rents and, therefore, importantly for RAVP holders, increases coupon cover.

[igbertsponk] 17/4/2019 08:41

Every little helps eh

[eeza] 16/4/2019 19:51

Pleased to say that I am a tiny part of the list.

[kenny] 16/4/2019 15:51

The company has today released the quarterly list of major shareholders as at 31 March 2019.

In relation to RAVP, no institution holding more that 1% has sold any shares during the quarter.

Private investors have increased their holdings in the quarter through each of Hargreaves Lansdown, Julius Bear Asset Management, Interactive Investors, The Share Centre and Halifax Share Dealing.

[igbertsponk] 16/4/2019 14:52

Inching up along with the Ords.

[kenny] 16/4/2019 14:26

Gary, a tight spread this afternoon - 138p-139p.

[bonnard] 15/4/2019 11:47

I bought at 137.8 , so spread better than it looks.

[kenny] 15/4/2019 11:41

Gary, the spread today is 136.25p-139p. Not as large as you imagined?

[montyhedge] 15/4/2019 10:38

Every 13 weeks cheque on the doormat, luvly jubiley Rodney.

[eeza] 15/4/2019 09:57

Also next XD approaching - around 15 May for another 3p div.

[igbertsponk] 15/4/2019 09:19

Nice to see it inching up again. ISA investors adding I'm assuming.

[montyhedge] 15/4/2019 08:20

The Share Centre are brilliant and very cheap.

[garycook] 14/4/2019 04:47

Kenny,Wanted to buy in here,but the spread is too large now at 134-137.80p !

[holts] 13/4/2019 08:33

Selftrade will do a bed and breakfast like trade on any size for £50 spread plus telephone commission which unfortunately has risen to 27.50 ea end .

[kenny] 12/4/2019 16:13

Hargreaves Lansdown. I am finding them cheaper than Barclays. Also, if you only own shares rather than funds, I think the combination of services and costs is pretty good.
Only downside is that they will not get involved with scrip dividends. Not a problem, as you can hold as certificates, enabling you to take the scrip and then transfer some into an HL account just before ISA time.

[cwa1] 12/4/2019 15:12

Seems like a pretty reasonable spread you got there Kenny. Would it be rude to ask who your broker was for that trade? If you'd rather not say, please don't-I won't take it personally and will completely understand :-)

[montyhedge] 12/4/2019 13:16

Kenny
Filter him its easy to do.

[kenny] 12/4/2019 13:12

That's my Bed & ISA gone through this morning.

[igbertsponk] 10/4/2019 08:05

Seems to be the odd post missing on the other board.

[cwa1] 10/4/2019 07:58

Kenny, I hope you don't mind me saying this....but I think you may be in danger of getting a bit overwrought with regards to this other poster. Perhaps it would be best for you to take the other board off your list of viewed boards and filter the person concerned? That way you won't get so vexed or concerned by him and life will be a little easier-perhaps?

I admire and respect your postings and would like you to continue and not become overly upset by what goes on elsewhere......

Good luck and good fortune!

[igbertsponk] 09/4/2019 13:53

Somewhat amazing that Russian investors allowed to participate in US tech IPOs too!

[igbertsponk] 09/4/2019 13:51

Perhaps Russia problems weakening. Reflecting the US election nonsense about Russia winning it for Trump now proven to be nonsense.

I've always said on here that the Russia sanctions will drift away if they stop killing people in foreign countries for a while.