Share Name Share Symbol Market Type Share ISIN Share Description
Rdi Reit P.l.c. LSE:RDI London Ordinary Share IM00BH3JLY32 ORD 40P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +1.00p +0.95% 105.80p 102.00p 102.40p 105.40p 102.20p 103.00p 275,074 16:35:27
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 112.0 97.4 4.7 22.5 402

Rdi Reit P.l.c Share Discussion Threads

Showing 276 to 298 of 300 messages
Chat Pages: 12  11  10  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
07/8/2019
18:52
And who is going to buy the shopping centres ? I can`t see INTU being interested or anyone else with half a brain.
tyranosaurus
06/8/2019
18:07
Am I the only one on this bb who thinks this stock is too cheap right now, made another purchase today @ 101p. At current levels RDI now offers a staggering yield of 12-13% (income permitting) and now trades 50% below NAV. Seems to me the market has just looked at this sector and decided any company with shopping centre assets be marked down excessively, no doubt INTU's recent plight hasn't helped matters. Full Year results due 31 August, I'll be keen to hear how things are progressing re disposal of toxic retail assets as it's abundantly clear these are holding back the share price.
wunderbar
29/7/2019
07:56
Too bad that no one proof reads the RNS as they say Farnborough bought in September 2019. Anyone understand what is going on with a two years plus rent free for the Leeds site?
cerrito
29/7/2019
07:52
Too bad that no one proof reads the RNS as they say Farnborough bought in September 2019. Anyone understand what is going on with a two years plus rent free for the Leeds site?
cerrito
20/6/2019
12:13
Nice 10% bounce from the lows.
hugepants
17/6/2019
17:23
yes edging above the key 100p level
hugepants
14/6/2019
18:40
At least there seems to be support for these at £1.00
tyranosaurus
13/6/2019
22:50
They never had a 3%+ stake
cerrito
11/6/2019
12:18
He is no longer making that information available.
rcturner2
11/6/2019
12:14
Where can I find a full list of WEIF`s holdings without having to register on Woodford`s website ?
tyranosaurus
11/6/2019
11:51
Continuing to fall. Does Woodford's WEIF fund own shares in this?
hugepants
11/6/2019
10:45
If it gets back to 50p will they do another share split?
makinbuks
07/6/2019
13:47
At just £1 I couldn't resist buying another tranch, genuinely believe there's some great value here - trading at 50% below nav with a 10%+ divi. No doubt the poison chalice of shopping centres/retail gloom is weighing on this share but this only accounts for 44% of portfolio. In my opinion market is completely ignoring RDI's other assets. The law of averages says this cannot continue falling indefinitely - saying that though it's been a hell of a long time since this stock had a decent run.
wunderbar
07/6/2019
09:10
My post 274 "these could drift down to £1" They are now at £1, but xd 4p. Still looks like we haven`t reached the bottom.
tyranosaurus
29/5/2019
16:06
Yes its the shopping centres. The sooner they dispose of the Aviva portfolio the better. LTV at 45% is probably bit on the high side for comfort
hugepants
29/5/2019
11:59
I thought my purchase at 124.65 was buying near the bottom but I was wrong. Would like more but unable to see where the bottom is. The shopping centres are the problem and I have seen Intu drop to half the value of the recent offer. I have recently visited their Weston Favell shopping centre and only counted 5 small units vacant.
tyranosaurus
28/5/2019
16:54
Well this is certainly becoming farcical, for no good reason share price is down almost 7% today - I've subsequently topped up at 113p in the belief this drop is a freak anomaly. We're now trading at 45% discount to NAV (204p) with a dividend yield of almost 12%. Just a few weeks back Cromwell valued RDI @ c.185p - go figure! With the share price hitting new lows you have to wonder if another predator will soon rear it's head - naturally offering less than Cromwell. One thing's for sure this sector is unloved big time at moment, market sentiment absolutely stinks - quite often the best time to buy.
wunderbar
28/5/2019
16:20
Still this lot aren't as bad as the shower running HMSO who turned down a takeover approach 12 months ago. According to them the 635p offer "very significantly undervalued the company". Shares are now 280p!
hugepants
28/5/2019
14:38
6% down today. Not the best performer of the day.
hugepants
21/5/2019
13:18
I reckon these could drift down to £1 as there appears to be no support. I bought some at 124.65 but that`s not looking so good now.
tyranosaurus
01/5/2019
19:15
If this keeps dropping we'll all be wishing management accepted the 185p offer. Today share price tanked 4% and now stands at 121p being 6% lower than it was when Cromwell made their initial approach. Incidentally since the 5 for 1 share split in February the share price has fallen a staggering 25% - capital erosion at its finest. As we've already seen this weakness is an open invitation for predators to try and snap up the company on the cheap. If management fail to address this rapid erosion then it won't be long before another offer comes in at a much lower price. Now that would be farcical. As for last weeks Interims I thought results were quite robust given market conditions. No surprise to see half year divi cut 40% due to Aviva loan issue. RDI hope to re-balance the shortfall in the full year dividend (income permitting). I was pleasantly surprised to see revised NAV of 204p (down 5%, was 214p). Considering negative sentiment towards retail/property stocks I was expecting a much lower valuation. I do believe RDI's strategy is the right one, actively reducing exposure to retail and becoming more of a Beds, Sheds and Desks REIT. It is a (market) misconception that RDI's entire portfolio is exposed to retail sector hence share price getting battered, in fact retail accounts for 44% of portfolio - furthermore RDI are actively looking to make strategic disposals of c.£500m (£450m attributable to retail - including exiting Germany). If and when these disposals are actioned RDI's retail exposure will drop to 22% (assuming no re-investments). Lastly, worth noting @ 121p RDI's dividend yield is now close to 10% with shares trading 40% below NAV. Today's share price seems unjustifiably low considering Cromwell offered c.185p only a few weeks back. Any further weakness and I'll consider topping up.
wunderbar
01/5/2019
10:10
I would have taken £1.85 Better than the £1.26 currently on offer Who knows how far the shopping centres will drag the NAV down. Dividend already reduced
tyranosaurus
30/4/2019
19:25
Quite a bit to say given events of last week, namely Cromwell's potential takeover offer expiring and subsequent Interim results. I'll start with the takeover - my thoughts are this was never a serious bid from the outset and the market knew it. We can only speculate as to the offer price as this has not been disclosed by either party. Media reports suggested a bid in region of 185p a share, this being 9% below NAV 204p. Some might say it was actually a generous offer representing a 30% premium on 129p. Fair comment but you have to put this into context - less than two months earlier share price was 162p following ill advised 5 for 1 share split, Cromwell just happened to make their offer the very same week share price hits a 10 year low (caused by overblown fears of Brexit / retail gloom). In other words an opportunistic and derisory offer which was rightly rejected.
wunderbar
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