Share Name Share Symbol Market Type Share ISIN Share Description
Real Estate Investors LSE:RLE London Ordinary Share GB00B45XLP34 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 54.50p 53.00p 56.00p 54.50p 54.50p 54.50p 150,000 05:30:42
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 14.9 11.3 6.0 9.1 101.60

Real Estate Investors Share Discussion Threads

Showing 651 to 672 of 675 messages
Chat Pages: 27  26  25  24  23  22  21  20  19  18  17  16  Older
DateSubjectAuthorDiscuss
16/10/2018
17:34
I'm happy to have a foot in both camps
badtime
16/10/2018
16:37
Sorry HP, but valuations are mainly based upon rents (still increasing in the Regions), yields, discount rates and Market activity - not possible Brexit politics as the long-term GDP growth is set to continue according to all sources - just more slowly if we have a hard time of it. No matter, each to their own... Incidentally, I may be out of these, but want them to do well as a couple of mates still have a position here.
skyship
16/10/2018
16:31
It's not that simple. They are also revaluing some of their properties upwards which seems a bit optimistic given Brexit. LAND for instance made a stonking profit on the walkie talkie building but still posted a 3% decrease in NAV.
hugepants
16/10/2018
14:42
HP - why the groundless suspicion over the RGL NAV? To satisfy yourself you need to do some very simple research, or just read back through the RGL thread because I've done the work for you. To validate valuations note that RGL has made 5 substantial property sales over the past few months: # June - Glasgow - raised £14.1m @ a mere 5.6% premium to NAV # July - UK Industrial - raised £39.1m @ a 24.1% premium to NAV # Aug - Leeds - Student accommodation - £12.2m @ a c100% premium # Aug - Cumbernauld - raised £26.4m @ a 21.1% premium # Sept - Cheshunt - raised £17.25m @ a 20.6% premium Simple question. Do you believe those stats or do you think their recent Interims were pure fabrication?
skyship
16/10/2018
11:13
Thanks HugePants I am glad it is not just me that feels NAV is not quite right at RGL.
poacher45
16/10/2018
09:47
I prefer this reit to RGL. The discount to NAV is twice as high and the net LTV is lower at 37% versus 41%. The yield is less but still very good at 6.5%. Also a bit suspicious by the growth in NAV announced by RGL.
hugepants
26/9/2018
12:00
Thanks Tilts
badtime
25/9/2018
20:33
Anyone ever looked at Circle Property? (CRC.L). I cannot even find a thread on it. It is very similar to RLE, but not just Birmingham and also more a total return investment, rather than a REIT (income).
sirgainalot
25/9/2018
15:07
Note just out from Munden Consulting on RLE. Forecasting 2020 NAV of 79p, and Dividend of 4.3p
tiltonboy
25/9/2018
10:47
poacher - not sure why you are consistently getting things wrong on RGL. Firstly, there was no stock issue at 95p - are you referring to the one @ 100p perhaps? Secondly, as stated, the dividend is covered by earnings Thirdly, the NAV seems to be marching forward at a great rate. Jun'18 figure was 113.6p; and assisted by realisation gains post June, the broker f/c of 119p at Dec'18 looks easily achievable Fourthly - can you explain your reasoning behind this statement: "I prefer an established REIT that gives us the true facts and figures not one that tries to over egg the situation." Perhaps answer on the RGL thread...
skyship
25/9/2018
10:24
I was offered shares in RGL at 95p at the last fund raising and refused them. I dont want to invest in a REIT where they are paying too much in dividends which has had the effect of reducing the asset value. I prefer an established REIT that gives us the true facts and figures not one that tries to over egg the situation. RGL in my opinion is economical with the truth but we will see when the next annual reports are published.
poacher45
24/9/2018
15:18
Ta for reply ..happy to hold here and RGL
badtime
24/9/2018
14:02
Yes...all gone - the last 10k @ 56.2p this morning. Added again in RGL - higher yield, y/e NAV discount not much less & sector allocation far, far superior.
skyship
21/9/2018
17:12
You getting out completely?
badtime
21/9/2018
12:37
Thnx for that BT - sold another 10k at that, now down to my last 10k to go...
skyship
21/9/2018
12:09
Couple of chunky trades ...sell price is 56.3 currently not the 55 ADVFN is showing
badtime
17/9/2018
17:20
I really wish I could be as enthusiastic as Mr. Bassi! Now the results are out perhaps someone would explain how RLE managed to buy below offices for c £90 per sq ft “Sleepy 2 Jul '18 - 17:02 - 548 of 646 Real Estate Investors (REI), the Birmingham-based, AIM-listed real estate investment trust, has acquired the freehold of a major business park close to Junction 1 of the M42 in Worcestershire. REI has paid £4m for Topaz Business Park which comprises ten modern units totalling 44,700 sq ft. The investment produces a current rental income of £286,812 a year and is multi-let to seven tenants including QS Finance, Prestige, M V Kelly, Handelsbanken, Fuelsoft, Toshiba and Instinctive Technologies. Paul Bassi, chief executive off... For the full story register now for free or login below... Perhaps someone with good knowledge of the Birmingham commercial property market would like to comment - assuming anyone with that knowledge follows this thread?”
sleepy
17/9/2018
15:12
Half year results presentation hTTps://reiplc.com/barques-content/uploads/2018/09/Investor-Presentation-Half-Year-2018.pdf
alter ego
17/9/2018
13:48
Steady as she goes. Nothing to get too excited about given other REIT/Propco valuations. Happy to stick with it.
tiltonboy
17/9/2018
13:24
Cheers Sky ..wonder what Tilts thinks
badtime
14/9/2018
15:40
The figure of 107.8p is from there balance sheet 31st Dec 2015. From the 2017 balance sheet they paid 7.85p dividend and the asset value per share went down from 106.9p to 105.9p. What you are telling me now is this year they are going to pay all their expenses. Pay an 8p dividend and the asset value is going to be 119p at the end of all that. That is an impossible improvement on last years figures but there again I dont believe all I read.
poacher45
14/9/2018
15:19
poacher - go back and rework your stats. Over the period 2015/17: # RGL = + 32% # RLE = + 24% .................................... And CRC up 61%.
sirgainalot
Chat Pages: 27  26  25  24  23  22  21  20  19  18  17  16  Older
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:43 V: D:20181017 17:50:15