Rdi Reit P.l.c Share Discussion Threads

[ramellous] 27/10/2019 23:10

Tax on dividend in a trading account because it’s a special kind of dividend that are peculiar to reits. Called a property income dividend, or PID. In a isa or sipp they can have 20% tax taken off at payment and your platform claims it back in a few weeks or if you have a sipp with II they pay the tax back once a year, in July this year for all pid tax paid in the previous tax year.

[davvero] 27/10/2019 21:43

can you invest this in your isa tax free?... why they are saying tax will be charged 20% on divi?

[hugepants] 26/10/2019 16:16

whoops wrong link!

[hugepants] 24/10/2019 06:47

Look pretty good. NAV down but on 8% yield and 30% discount to NAV.

[hugepants] 22/10/2019 12:58

results on Thursday

[ramellous] 02/10/2019 12:56

Berenberg buy note out today. “ inflection point reached” Target 140p

[hugepants] 18/9/2019 06:32

significant disposal in Germany

[wunderbar] 30/8/2019 15:01

nickrl - go to following page www.rdireit.com/investors/reports-and-presentations - you should see Q3 Fact Sheet (dated 9 Aug 2019 - PDF download).

[nickrl] 30/8/2019 09:45

Wunderbar i did look at latest quarterly update but that was a cut down version of H1 report and by my reckoning there ought to have been a Q3 factsheet by now but only insight has been some RNS over lat month.

[wunderbar] 29/8/2019 16:48

Hi Nickrl, I noticed my error couple days ago when checking RDI website - year end is 31 August but results not due until 24 October. As for the share price nothing's changed since my last post few weeks back, still languishing at 100p which I think is ludicrously cheap. At this price RDI remains my number one stock pick hence acquiring more today at a fraction under 100p. Two simple reasons: 47% discount to NAV (190p as of 28 Feb, excluding Aviva financed uk shopping centre portfolio) + divi yielding anything between 11-13%. I'm forecasting a year end divi of c.7p (total 11p for year).

It's worth noting REIT rules dictate RDI must payout minimum 90% of 'UK property rental income' via dividend. Providing occupancy levels remain high (currently 98%) then we should continue seeing solid income returns. Quite how the market can justify such a lowly rating remains a mystery to me considering Cromwell offered c.185p less than six months ago. Some of you might be interested to know RDI are now publishing quarterly reports on their website, certainly worth taking the time to read.

[micos] 29/8/2019 13:46

Thanks nickrl

[nickrl] 29/8/2019 13:23

Year end is 31/8 but results not due to later in October and that will be interesting to see where there going as no update yet on Aviva shopping portfolio or German sale but maybe they are keeping the surprises til then. Ultimately the dividend is going to get lowered but if they've still got the German income stream presumably they will have to pay it out under REIT rules.

[micos] 29/8/2019 12:21

I have a note that results were to be tomorrow. Has there been a change?

[hugepants] 29/8/2019 09:54

Breached the key 100p level again.
Results not till end of October

[tyranosaurus] 07/8/2019 17:52

And who is going to buy the shopping centres ?
I can`t see INTU being interested or anyone else with half a brain.

[wunderbar] 06/8/2019 17:07

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.

[cerrito] 29/7/2019 06:56

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 06:52

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?

[hugepants] 20/6/2019 11:13

Nice 10% bounce from the lows.

[hugepants] 17/6/2019 16:23

yes edging above the key 100p level

[tyranosaurus] 14/6/2019 17:40

At least there seems to be support for these at £1.00

[cerrito] 13/6/2019 21:50

They never had a 3%+ stake

[rcturner2] 11/6/2019 11:18

He is no longer making that information available.

[tyranosaurus] 11/6/2019 11:14

Where can I find a full list of WEIF`s holdings without having to register on Woodford`s website ?