Regional Reit Share Discussion Threads

[eeza] 30/8/2018 16:06

I'll go for 109.50p.

[fenners66] 30/8/2018 16:00

I'll just have a random guess and say 108.2

[spittingbarrel] 30/8/2018 14:50

I've just had a cup of tea, sloshed the tea leaves around and come up with 108.3p

[deanowls] 30/8/2018 14:20

106 for me skyship.

[skyship] 30/8/2018 14:05

Only 2 players so far in the NAV Open Stakes:

# stewart64.....107.00p

# Skyship.......110.62p



NB: Form Guide - Peel Hunt apparently have a yr end f/c of 112.00p …. not at the Interim stage as briefly and mistakenly posted!

[eeza] 29/8/2018 16:45

Co website gives Fri 31st for Div Dec, I think.

[jimmyb33] 29/8/2018 13:28

latest quarterly dividend notice due by month end?

Bristol redevelopment should be completed now, big project to increase NAV and rent roll when they get it fully let.

[stewart64] 28/8/2018 18:45

They are so conservative on nav I'd say 107p. Whenever anything is sold it always seems to go at 20% above nav.

[skyship] 28/8/2018 17:16

It is now 2weeks to 11th September when we get the stats and NAV update.

So, how about putting your head on the block with your view of the NAV as at 30th June.

Give us your guess; and I'll collate and update on a fairly regular basis. No prizes, just the plaudits of your peers!

Bearing in mind the good returns elsewhere for H1'18, I'll kick off with:

110.62p.....+5.25% on Dec'17 figure of 105.1p

[skyship] 28/8/2018 09:45

Excellent - so hopefully their clients too will chip away at the CIC overhang...

[tiltonboy] 28/8/2018 09:08

Peel Hunt buy note out this morning.

[holts] 25/8/2018 10:42

In any case they can only have disposed of two thirds of the original holding before September 24th .

[eeza] 23/8/2018 17:48

There was also a 200k trade from 1130 late reported at ~1300hrs.

[skyship] 23/8/2018 17:46

Wish we had some handle on that. Still, another 1.5m trade @ 95.5p today, so likely to have been a further reduction in that overhang.

[eeza] 23/8/2018 17:46

1.5m trade @ 95.50p late reported from 1130.

[mozy123] 22/8/2018 21:51

How many share do we estimate conygar needs to sell still?

[lord gnome] 21/8/2018 19:41

A bit more of the overhang gone, Skyship.

[skyship] 21/8/2018 17:20

A one million share trade @ 95.75p...just after 10:00 this morning

[nigelrutherford] 18/8/2018 19:59

Mention on the M7 website

[eeza] 17/8/2018 19:12

stewart, the only thing depressing the share price here is the weight of Conygar's overhang. Once they have sold their holding the share price will respond upwards.

[eeza] 17/8/2018 19:10

From the PropFundsworld site, the portfolio in question.


hxxps://www.propertyfundsworld.com/2018/08/17/267517/m7-real-estate-sells-reip-vi-portfolio-regional-reit-gbp314m

[stewart64] 17/8/2018 18:50

It feels like I have lost money on this but with regard to the dividend tide it is coming in faster than the Market can mark it down. You'd be very unlucky to have lost at any point.

I guess the Market can keep trying to hold back the tide but one feels the fundamentals may eventually overwhelm the levees.

[skyship] 17/8/2018 18:34

...and thnx for that Sleepy - hadn't heard of Propertyfundsworld...useful

[sleepy] 17/8/2018 18:15

Thanks hammon. And this seems to cover the remaining properties

[skyship] 17/8/2018 15:05

hammon - well researched. Seems as though we got Hull & Deeside rather than Oldham; but otherwise certainly looks like the M7 portfolio. Ipswich sounds like the plum property.