Rdi Reit P.l.c Share Discussion Threads

[mister md] 15/2/2019 20:29

yep the usual 'higher base to fall from' share consolidation

[macthepak] 14/2/2019 05:24

Well they can do another 5 to 1 consolidation, a further 12 times before there is only 1 share left!

[eeza] 13/2/2019 16:45

Well the downward spiral continues.

Another share split when we're back to 30p.
You know, just so we won't be a 'penny' share.

[macthepak] 13/2/2019 09:34

Lets not be too hard on them eeza. Still early days.

I think overall they did the right thing it was going into the territory of a penny stock.

Last time I checked before the share consolidation NAV was just over 40p per share, after the consolidation it should be just over 200p per share.

But the problem is that the commercial property sector is unloved with major retailers going out of business etc. I am expecting a downgrade in the commercial property valuations so may be the current price between 150 and 160 is a fair forward price at this time.

The key thing is future dividend policy. There is no reason why they should not be able to maintain their current dividend policy and times by 5.

[eeza] 12/2/2019 18:02

The share split the resounding success it is always.

It is almost always a sign of failed management who have to resort to share splits as the only way to increase the share price

Won't be long until it is back to 30p.

[eeza] 24/1/2019 15:34

TU seems to be OK. Serviced offices ahead of expectations.

[grollfam] 24/1/2019 14:04

what are the predictions of forward dividends ?

[micos] 24/1/2019 13:58

Any sign of white smoke from the AGM venue?

[neilyb675] 25/12/2018 11:44

Last day to trade prior to the consolidation Tuesday, 5 February
Trading in the consolidated share Wednesday, 6 February
commences under new ISIN IM00BH3JLY32
Record date for consolidation Friday, 8 February

[neilyb675] 25/12/2018 11:42

anyone any thought regards resolution 19 of the AGM.

To authorise Directors to consolidate Ordinary Shares in a ratio of 5:1

[wunderbar] 21/12/2018 17:45

Having first bought into RDI about a year ago c35p I've been topping up in recent days/weeks following accelerated decline to 28p. This drop has pushed the dividend yield up to almost 10% which looks too generous in current climate - maybe a cut is on the cards. I've noticed a lot of property stocks have tanked during past month likely due to Brexit fears / perceived retail collapse both of which look overplayed by the market - if I'm not mistaken 30-40% of RDI's portfolio is linked to retail sector.

As things stand we are currently trading at 33% discount to NAV [42p]. One thing RDI need to address is the steady decline in share price during past 4 years. Rough figures are, 2015 -12%, 2016 -16%, 2017 -10%, 2018 ytd -22%.

[baracuda2] 21/12/2018 12:03

I definitely going to buy more, NAV 42p it's a no brainer

[badtime] 21/12/2018 10:40

Anyone buying at these levels

[tyranosaurus] 17/12/2018 13:52

Still sinking.
Nobody seems interested in NAV.
Probably reflects retail property out of favour ?

[eeza] 06/12/2018 11:33

At 30.80p offered now at a NAV discount of 39%.
Last published NAV 42.80p.

[tyranosaurus] 30/11/2018 18:21

That`s good, otherwise these would be under performing.

[eeza] 29/11/2018 19:16

XD today for 1.35p.

[typo56] 21/9/2018 20:18

Don't think any FTSE changes to PHNX.

[eeza] 21/9/2018 20:07

Ah. May also explain the 18m UT in PHNX.

[tiltonboy] 21/9/2018 19:50

Index changes took effect at the close of business. Some big trades in the closing auction.

[eeza] 21/9/2018 16:53

17m UT @ 32.05p.
Trading at 32.85 up to the bell.

[cerrito] 13/9/2018 20:05

Today's announcements seem sensible and great that they sold Edinburgh at a 13.7% premium to last reported book value-would have preferred if they had said if this figure was before or after selling expenses.

[macthepak] 10/9/2018 11:04

Looks like I was wrong partly, the buy order has just been filled for 200,000 during trading hours.