Share Name Share Symbol Market Type Share ISIN Share Description
Redefine International LSE:RDI London Ordinary Share IM00B8BV8G91 ORD 8P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.05p +0.14% 35.00p 35.00p 35.05p 35.15p 34.00p 34.00p 645,010 12:36:36
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 102.1 73.5 3.7 9.5 618.15

Redefine International Share Discussion Threads

Showing 176 to 199 of 200 messages
Chat Pages: 8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
25/3/2018
16:18
And down it goes. Not sure what to make of it but would much rather miss the absolute bottom and buy when an uptrend is established. It is clear that commercial property companies who are heavily focused on retail space are in for a hard time over the next few years but aside from that the property market is pretty solid.
salpara111
20/3/2018
12:22
It does but I would really like to see it back above 34, at the moment it looks like it could continue the downtrend.
andyj
18/3/2018
11:35
It just looks too cheap on either NAV or yield. Very tempted but I guess I will wait until the results in 5 weeks.
salpara111
22/2/2018
10:38
Obviously the tour of the London offices did not encourage the institutional investors to buy buy buy. The downward trend looks like continuing.
tyranosaurus
21/2/2018
09:07
London offices tour today. " Mike Watters, CEO of RDI commented: "We are pleased to have the opportunity to introduce the OSIT management team and recently acquired serviced offices. These well-located London assets are underpinned by strong real estate fundamentals, whilst delivering attractive yields in excess of 6%. "Since acquisition, trading performance has been positive and ahead of management's expectations reflecting the strong occupier demand for flexible, cost efficient office space. "
eeza
16/2/2018
01:15
Another retest of the 34 level. If that goes, I'm out of here!
andyj
30/1/2018
23:03
But the yield is irrelevant in a rapidly declining valuation.
andyj
30/1/2018
17:58
Back under 34p today as a result of a wider market sell off. Look cheap with yield around 8%.
eastbourne1982
25/1/2018
10:33
Down some 23%, not sure the dividend or potential of the share is seen by the wider market or....is there something we don't know about its prospects?
bothdavis
24/12/2017
11:11
?????? No comment cascudi
grollfam
18/12/2017
14:35
"StockMarketWire.com - RDI REIT said chairman Greg Clarke will step down during the course of 2018, with the exact timing of his departure determined by the identification of a successor. The real estate investment trust also confirmed that Redefine Properties was no longer considered to be a controlling shareholder of the company due to its shareholding falling below 30%. The relationship agreement between RDF and Redefine had ceased to operate and the dual election of independent non-executive directors at an upcoming annual general meeting would therefore no longer be required." Its great to hear redefine properties shareholding has fallen before 30%, hopefully ending its significant influence on the companies actions.
macthepak
13/12/2017
20:04
One thing that does worry me its important to keep an eye on is RDI market valuation and our place in the FTSE 250. We are very close to the bottom, every quarter bottom 3 drop out. If we fall out expect a further fall in the share price as FTSE 250 and 350 tracker funds sell out. Name Market Cap (m) Electra Private Equity £359.67 Hansteen Holdings £537.66 Restaurant Group £578.47 Nostrum Oil & Gas £580.55 PayPoint £634.35 RDI Reit £645.65 P2P Global Investments £649.30 Go-Ahead Group £662.40 Scottish Inv Trust £671.40
macthepak
13/12/2017
11:32
A thinly traded share is easy to manipulate and shares that fall to multi year lows fall under the radar of hedge funds, regardless of fundamental values. I bought in at 35p and the price action has been similar every day since. A sharp sell off, followed by a recovery later in the afternoon. Yet they are quickening after breaking through support and it doesn't look good. A 7% div is small compensation for a 10 to 20% capital loss.
andyj
13/12/2017
09:59
Keith95 - re yr 178 above. MS have the share price @ 33.92p & the NAV est. @ 38.81p. Where do you find the FAIR VALUE? http://tools.morningstar.co.uk/uk/cefreport/default.aspx?SecurityToken=F00000MZEE]2]0]FCGBR$$ALL Incidentally, bizarre that they have the NAV lower in view of the recent p'folio sale at a premium to valuation. Sure they are XD, but the NAV should still be North of 40p!
skyship
13/12/2017
09:33
Like it! I made my initial purchase at 38p recently, following the PDMR buys at 40p, and the Leopard sale which looked to improve the balance sheet. I can’t find a reason not to average down at 33/34p so, as renew suggests,....you have been warned. GLA
steve3sandal
13/12/2017
09:06
For all of you curious as to why the price has dropped recently and apologies for not having given you prior warning but I bought in at 37p a few weeks ago.
renew
13/12/2017
02:36
Agree, undervalued , good management and assets
grollfam
13/12/2017
02:04
To be honest I tend not to pay much attention to after hours trading. Lets go with what you say 11 million goes through at 34p and I see it is located in the buy column. So one reasonable/rational/logical explaination for this is the market makers dropped the price, investors panicked and sold, and then market makers were able to fill these large orders at a discounted price. This is supported by the observation since the ex dividend date of 30.11.2017 approximately 12 million more shares have been sold then purchased. The price should rise today (13.12.2017)
macthepak
12/12/2017
17:24
There has been high volume during the recent fall; but today even more so with c11m going through after hours @ c34p! All rather strange...
skyship
12/12/2017
16:50
The fair value price for RDI is a projection/opinion and not a statement of fact. The last actual factual NAV was on 31.08.2017 and was 41.4p per share. I really cannot see how they have calculated the NAV falling from 41.4p to 33p over a month, thats like 20% drop. Has the price of commercial property crashed by 20%? The only recent information out there that is factual and relavent is: CEO, Mike Watters purchased 70,790 shares on 13.11.2017 @ 40p Director, Marc Wainer purchased 3,157,846 shares on 13.11.2017 @ 40p Dividend of 1.3p to be paid on 18.12.2017 The only way shorting will work with RDI if the share is manipulated and false information is put out there. The thing we need to remember is that REITs are not like other companies out there. They are invested in commercial property and therefore protected against the share price dropping to 0p, think of it as collateral. Great price to buy if you have some spare cash.
macthepak
12/12/2017
12:31
... you might have thought the shorts would have learned from their Intu burning of last week ... .... but this RDI fall looks to be down to morning star which has collapsed the fair value share price from 40p to 33p in a month or so. No idea why ... but I imagine the hedgies are using this number to trade from. GLA
keith95
10/12/2017
18:50
RDI is one of those unloved shares. I have held RDI for a number of years and have enjoyed the dividends and have averaged down as the price has fallen. I continue to enjoy the dividends each year, but it is a high risk play especially in this part of the economic cycle, Brexit uncertainty and a high LTV ratio of 50%. In some of my previous posts I have hoped they would use some of the money from property sales to lower the debt. The share price has risen and fallen but over 5 years it is only down 0.63% and in those 5 years I have enjoyed dividends worth 19p per share at an average share price of 37p. Current share price is 34.5p so have not done too bad considering the interest rates offered by savings accounts. Recent unexplained share price fall just after ex dividend date and just before Christmas, I would not worry. Opportunity to average down further and the shares should pick up forward yield of 7.7% its just too attractive especially if inflation picks up.
macthepak
07/12/2017
13:53
I really hate it when these supposedly safe income plays fall day after day without any news.
andyj
06/12/2017
14:30
A sudden drop to a multi year low is worrying.
andyj
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