Real Estate Investors Share Discussion Threads

[badtime] 01/4/2019 12:04

Up nicely today

[skyship] 29/3/2019 11:28

P - quite right, the Final divi of 0.937p:

Ex-dividend date: 28 March 2019
Record date: 29 March 2019
--------------
Dividend payment date: 26 April 2019

[ptolemy] 29/3/2019 10:06

I think it went ex-divi yesterday.

[badtime] 28/3/2019 17:11

Probably Tilts again with his pocket money :)

[skyship] 28/3/2019 16:55

Large put-throughs today - a total of 11m reported trades. Good to see stock changing hands.

[odvod] 22/3/2019 20:32

had a small buy offer at 52 for few hours today - was not filled

[skyship] 22/3/2019 14:36

riverman - sorry, but that comment reeks of the BUY & HOLD mentality which worked in the last century, but not now. To maximise returns you need to learn a trader's attitude at times.

Personally I sold out of these at 56p c6months ago so as to maximise my holding in RGL. I haven't reduced RGL, but have now bought back in here at 50.4p as the share price now once again represents value.

As to the superficial analysis - please enlighten; to what exactly do you refer?

[riverman77] 22/3/2019 14:01

I find it revealing that virtually all the comments here on supposed selling activity/buyers in the background, instead of the fundamentals of the company which will ultimately drive returns in the long run. Speak volumes about most investors short term thinking and very superficial analysis.

[cwa1] 22/3/2019 09:03

Bid a touch stronger. Will it last......

[clausentum] 21/3/2019 16:15

A million shares traded at 50 buy and sell, but offer still 51.14. Could the overhang be coming to an end???

[tiltonboy] 21/3/2019 16:13

Cenkos met them today. Looks like some furniture has been moved.

[skyship] 21/3/2019 14:42

hmm - went for a top-up, but cheapest offer now 51.15p...

[skyship] 21/3/2019 14:15

c3.8m trade @ 49.5p! Find a few pennies at the back of the sofa Tilts?

[sleepy] 21/3/2019 09:42

Sky - Removal of the 2 Exec Directors (and much of their associated cost) should be worth at least 10% on the share price

[sleepy] 21/3/2019 09:41

Good news for UK REIT holders (not just RLE) is that due to tax changes from 1st April REITs will become a relatively more tax efficient way for at least some foreign investors to invest in UK property

[skyship] 21/3/2019 08:45

Might well represent an interesting corporate or investment opportunity for anyone prepared to make a lowball offer to the seller. I well remember UAI in the doldrums, then The Quantum Fund took out the seller and subsequently banked a c30% profit within 6months...

From the UAI thread:

"Those with long memories will recall cApr'13 when The Quantum Fund (Geo. Soros) took a 10% stake @ c150p. Just over a year later they banked a very healthy profit by selling their stake to Aberdeen @ c240p."

[spectoacc] 21/3/2019 08:23

But institutions with large blocks are the problem. Unless someone has more up-to-date info, PLI have 10% (18,640,000 shares) & perma-seller Invesco 24.98% (46,582,768, as pointed out by @Skyship, though I bet that's lower now). Ruffer, who are seemingly not a seller, have 11%.

Unless Invesco's strategies suddenly become popular again, difficult to see that changing. Still - at least Woodford's not on the register. :)

[clausentum] 21/3/2019 08:08

I am surprised the mm can't find some institutional buyers to take some large blocks of stock, it seems a good stock for funds needing income.

[tiltonboy] 21/3/2019 08:02

Cenkos seem to be getting more involved. Hopefully they will help move some of the loose stock.

[sleepy] 20/3/2019 23:57

Perhaps the seller only has about 46 million shares?

[eeza] 20/3/2019 22:34

50.25p is the offer from the MM's. They are all buys at that price, being supplied by the large seller in the background.

[brwo349] 20/3/2019 21:28

no there's a lot selling at 50.25p

[clausentum] 20/3/2019 18:17

I thought there were a lot of small buyers, with the big seller providing as much as others would buy.

[brwo349] 20/3/2019 15:30

The results might be decent as some say but it's been non-stop selling since the results. I'm holding off for now.

[riverman77] 20/3/2019 13:40

Overall decent results - yes flat nav a bit disappointing but to a certain extent that's a subjective measure determined by surveyors with reference to recent comparable transactions, so somewhat outside their control, at least in the short term.

The key metrics which are likely to drive future nav growth all look very healthy - occupancy, epra earnings and reduced cost of debt