Real Est.Cred P Discussion Threads

[alter ego] 22/9/2017 20:55

2 seaparate payments from h lansdown too

[westcountryboy] 22/9/2017 20:32

Two separate payments (AJ Bell Youinvest).

[cousin jack] 22/9/2017 19:52

Hargreaves appear to have redeemed at par but not added the accrued interest. Are they two separate payments or have other brokers paid as a single payment ?

[holts] 21/9/2017 19:59

Different place now and now some wally is trying to build houses on some of the tennis courts .

[boadicea] 21/9/2017 18:32

Barclays paid out today - but still waiting for Shell (RDSB) divi from last Friday!

[langland] 21/9/2017 16:32

Well....sort of....long time ago.....where I spent my childhood. Great memories.

[holts] 21/9/2017 16:19

Langland bay ?

[langland] 21/9/2017 08:50

Ok....many thanks.

[skyship] 21/9/2017 08:26

Langland - re INLZ: Unfortunately you have to pay the dreaded 0.5% SD; so the effective gross offer price = 145.42p. At that level the GRY = 4.59% to redemption at 155.9p on 10/04/19.

So no great deal, but a secure 4.6% for a %age of one's assets...

[spittingbarrel] 20/9/2017 20:26

Yes still waiting from Barclays. Idealing paid yesterday. Barclays were always slow but the new website seems even worse.

[boadicea] 20/9/2017 19:26

Anyone else still waiting for Barclays? (Assuming you can even access your account to find out!)
Selftrade credited both dividend and capital promptly on Monday.

Barclays credited the divi yesterday but merely show RECP as 'delisting' with no capital redemption in sight. It has just taken them (Barclays) about 10 days to credit a divi from FRES, and RDSB, due last Friday, is still awaited. Companies sometimes shoot themselves in the foot but rarely so accurately in the head.

[langland] 20/9/2017 17:58

Skyship.....what is the YTM on inlz please if you have figure handy as a holder?

[skyship] 20/9/2017 16:41

Skinny et al - for high yield prospects RECI certainly the best bet, especially if you can be categorised as a professional investor and get into the current pre-emptive placing @ 166p.

Other than those (my largest holding) I also hold LBOW, INLZ & EPIC. This last is one of the first of the many recent Hi-Yield propcos; also generally acknowledged in the sector as the best managed - serious property players of long-standing.

[jonwig] 20/9/2017 16:36

OK, you win. (Me - ignorant northerner.)

[stonesfan] 20/9/2017 16:04

Lol, Jonwig, however, Wealdstone's players are quite highly paid semi-professionals. You might have heard of a few of our ex players: Stuart Pearce, Vinnie Jones, Jermaine Beckford. Then there's the phenomenon of the "Wealdstone Raider" - over £1m followers on Twitter!

Again, sorry for OT.

[jonwig] 20/9/2017 14:39

Stonesfan - LOL! They used to say, of Burnley, "If you turn up to watch, you can play." Ring any bells?

[stonesfan] 20/9/2017 14:24

Thanks, serratia. Loved the (Rolling) Stones links; however, the Stones of whom I am a fan are Wealdstone FC.

Sorry for OT.

[jonwig] 20/9/2017 08:32

Yes, I bought into the sector via AGR.

[skinny] 20/9/2017 07:56

Thanks Jon - I have LXI - I've held TFIF in the past but (from memory) I rolled it over into BBOX at launch - perhaps time to look again.

I also hold which may be of interest.

[jonwig] 20/9/2017 07:44

Skinny, post #710 - TFIF, possibly? Or some of the recently floated REITS. LXI might be the best of these. Not many pickings these days ... needs a financial crisis to throw them up!

[serratia] 19/9/2017 21:02

It's late so forgive this O/T post for SF.

As you drift into retirement you can pour yourself a glass of your favourite tipple and click on these Stones links.

[yieldsearch] 19/9/2017 16:19

investor_tp: yes correct, it is actually the same co that changed from qwil to reci (restructured into recp reci and residual).
At that time, they were investing in highly leveraged positions in securitisations, similar to currently volta finance, carador income or fair oak.

[skinny] 19/9/2017 15:43

Jonwig - any others currently worth the slide rule (in your opinion) - I was aware of LBOW but not SWEF.

[investor_tp] 19/9/2017 15:06

Did Cheyne Capital also manage the fund at the time of the financial crisis when it was called QWIL? Does anyone know where we can find historical charts for that period?

[jonwig] 19/9/2017 14:32

I already hold SWEF and LBOW which are in the same universe (property lending). They both yield a bit short of 6% and have good records. Also neither is geared (SWEF short-term bridge though).

RECI's higher yield will come with higher risk, via gearing and use of more mezzanine loans rather than secured. It's this last bit I haven't looked at much yet. Cheyne Capital (RECI's manager) has shown a lot of skill. So I'm not sure for now!