Raven Property Share Discussion Threads

[finkwot] 02/3/2022 13:07

Raven operates warehouses in Russia. Previously called Raven Russia.
Old board -

[igbertsponk] 02/3/2022 12:40

Please don't delete. Not all Russians are Putin fans.

[m4rtinu] 02/3/2022 12:28

I have tried to delete this thread but to no avail. For Obv reasons. If anyone can help please PM me.

In the meantime pray for peace and freedom for Ukraine and all nations. Syria, Eritrea, Sudan...

[gfrae] 28/2/2022 13:23

All of their debt is hedged hedged with interest rate contracts, though I do not know who the counterparty is to these contracts. This will help considerably so long as the counterparty is still solvent.

[zangdook] 28/2/2022 10:38

I just wrote this on Kenny's pref board. Might as well put it here too

RAV generally bubbles around 30p, and now it's down 50%. RAVP, which is more secure (fwiw) generally bubbles around over £1, and now it's down substantially more than 50%. So anyone with RAV and thinking of holding on might be advised to switch.

[m_kerr] 28/2/2022 10:26

as far as I can see, their rents are paid in roubles (97%),but 38% of their debt is denominated in Euros. if their portfolio yield is 10%, and rouble interest rates are now 20%, then capital values must be dropping very significantly. you'd make double the income return leaving your rouble capital in the bank. it seems to me this company is effectively worthless, as the LTV is high at 60%, and the cost of refinancing the debt in around 3 years time will be beyond their ability to pay as it atands. to pay back the euro debt will be a strech as the rouble has dropped again against the euro (20%).

[irish_neris] 17/2/2022 10:46

2 big off book trades yesterday afternoon for 100000 & 87660

[irish_neris] 26/1/2022 12:34

Flip all volume in this to get anywhere near 40 and geopolitical situations not helping

[bench2] 25/1/2022 14:31

Sadly broken 30p not 40p .

[gfrae] 07/1/2022 14:27

To answer my own question it seems to be the Kazakhstan situation, which has now calmed down after the arrival of Russian and other troops hence the Rouble move up today.

[kenny] 07/1/2022 11:40

...and riots in Kazakhstan.

[flyfisher] 07/1/2022 10:12

Risk of sanctions.

[my retirement fund] 07/1/2022 10:05

War, commodities chiefly energys and metals

[gfrae] 07/1/2022 09:56

The Rouble is all over the place, anyone know any specific reason for the big moves over the last 10 days ? ( I know we've been talking up war )

[irish_neris] 05/1/2022 16:30

Will this break 40p by year end? Personally I doubt it

[flyfisher] 24/12/2021 15:02

The large deal today is just below the 5% reporting level for overseas companies.

I would guess that the new broker has found an institutional buyer willing to take stock from one of the placees who took up the invesco placing.

[flyfisher] 24/12/2021 11:56

It is approaching 5% of the equity, so we may find out in the next few days.

Perhaps the new joint broker has found a new investor.

[tyranosaurus] 24/12/2021 11:49

What is the trade of 27m shares at mid price all about ???

[george stobart] 17/12/2021 12:07

Bank of Russia increases the key rate by 100 b.p. to 8.50% p.a.

Ruble/GBP again on a rising trend

[igbertsponk] 02/12/2021 11:33

Another positive Russia report available here

[gfrae] 02/12/2021 11:28

As posted by Kenny on RAVP thread. More evidence of sharply rising rents and low vacancy levels.

[george stobart] 22/11/2021 16:48

ruble collapsing against sterling because of turkish lira crisis

[gfrae] 04/11/2021 16:43

CBRE report on Moscow property posted by Kenny on Prefs page but very relevant to Ords.
Moscow rents rising by 14% and almost no vacancies.