Schroder Real Estate Inv... Share Discussion Threads

[chucko1] 19/1/2021 16:04

Appreciating the long term value and importance of dividends should offset your pain!

[sphere25] 19/1/2021 15:27

Mid November it tried!!!! (Is that enough exclamation marks?) :-)

Patience can be hard and that period of time can feel like an eternity in a market where we have almost got accustomed to explosive moves. In fact, perhaps so much so that we could have created a new Rocket Ship technical indicator.

It almost feels like a disaster when something doesn't push on higher. I guess it's a sign of being spoilt too and reigning it in. Harder times will inevitably follow and the easy pickings have gone.

So come on SREI, stop farting about and push on. 40p and then 42p breach for a blue sky breakout and a possible gradual gap close to previous highs.

It looks a slow move judging by the exchanges atm.

All imo

DYOR

[flyer61] 19/1/2021 13:04

You didn't have to wait long!!!

[sphere25] 19/1/2021 12:38

Taken a while but re-testing that key 40p mark for the second time now. On the previous occasion there was a buyer in size who had an iceberg bidding on the book at 40p. The order soaked up alot of sells through the day but eventually got cleared by the sellers, which then resulted in some negative technical selling pressure (as well as the MSCI dump).

Take two for the bull bear ding dong.

Can it get through this time?

All imo
DYOR

[spin doctor] 19/1/2021 12:12

I've top-sliced a few.

Took on some slightly different value opportunities in OMIP and KAPE.

I remain not just overweight, but 'morbidly obese' in SREI! Expected long-term hold.

[spin doctor] 19/1/2021 09:50

Yes, a significant move. On nickrl's point, buyback momentum very slow recently, and suspect the recent share price move will and should kill them completely. 2021 surely brings some distressed sales and development/repurposing opportunities.
NAV and div update in a month or so.

[skyship] 19/1/2021 08:21

Breakout! The strengthening share price suggests life should now be in the 40s:


free stock charts from uk.advfn.com

[nickrl] 18/1/2021 21:54

The wildcard here is what Sunak does in budget and once the likes of furlough come to an end how much collateral damage will be revealed in unemployment that will cascade down. That said SREI is still of interest but I feel they should hold back on share buybacks as when businesses start having to be realistic we will see much more property on the market and thats when opportunities will arise.

[chucko1] 18/1/2021 16:15

Years for me. Unless there is inflation and rising interest rates in which case the non-inflation linked will get a higher proportion. REITs have historically rallied hard after recessions. I have added in SHED and SUPR today. SREI last week and may add more soon.

[spectoacc] 18/1/2021 15:19

Agreed, tho initially read that as "A solid (and overnight) hold.." :) I'm planning to be in for longer.

[spin doctor] 18/1/2021 15:14

Interesting to see relatively firm share price of SREI and to some extent REITs more generally. Presumably a response to the vaccination program, and investors looking through the next few months of tight restrictions.

A solid (and overweight) hold for me.

[skyship] 14/1/2021 08:43

11/01 - 350k bought in @ 37.99p (37.8p - 38.0p)
12/01 - 350k bought in @ 37.92p (37.8p - 38.0p)
13/01 - 50k bought in @ 38.0p

[essentialinvestor] 13/1/2021 19:34

Speaking of office:


From memory they announced last year a new campus in Kingston.

[skyship] 13/1/2021 14:20

SREI is my largest holding, so won't be taking on any more at the moment.

BREI back up to 62.6p today; and still cheap; but Best Buys today IMO:

# CLI & MCKS - both Office specialists, which may deter some...

[flyer61] 13/1/2021 10:36

SKYSHIP - thanks for posting. What are your favourite picks from this list now?. I see EPIC has dropped off. I added EPIC last week at 66. If SREI drops to 37.5 then I will take a nibble as well.

[essentialinvestor] 13/1/2021 10:30

A sherry cobler at Christmas, otherwise it's white tea.

[chucko1] 12/1/2021 16:58

Stocks or drinks?

[essentialinvestor] 12/1/2021 16:30

Had a few.

[skyship] 12/1/2021 15:55

An Update on those trading at high NAV discounts:

# BCPT - 78.80p.- Discount 32.6% to Sept'20 NAV
# BREI - 60.40p.- Discount 36.3% to Sept'20 NAV
# CLI - 214p.. - Discount 37.0% to Sept'20 NAV
# HCFT - 720p.. - Discount 34.2% to Jun'20 NAV
# MCKS - 200p.. - Discount 36.1% to Sept'20 NAV
# PCA - 205p.. - Discount 40.9% to Jun'20 NAV
# RLE - 36.0p. - Discount 44.0% to Jun'20 NAV
# SREI - 38.05p.- Discount 34.4% to Sept'20 NAV

[skyship] 08/1/2021 14:25

29/12 - 5k bought in @ 38.0p

07/01 - 284k bought in @ 38.0p (37.95p - 38.0p)

[essentialinvestor] 08/1/2021 09:16

Buy back has recommenced.

[frazboy] 30/12/2020 18:40

Yes, that won't have much impact on the NAV.

[spin doctor] 30/12/2020 18:30

How can this happen??!

Ordinary Shares: SCHRODER REAL ESTATE INVESTMENT TRUST LIMITED
Date of purchase: 30 December 2020
Number of ordinary shares 27 shares
purchased:

[hindsight] 24/12/2020 13:55

Compliments of the season to you Skyship and everyone else on here

[skyship] 24/12/2020 13:07

Wishing you all Health & Happiness for Christmas & The New Year 🙂