Schroder Real Estate Inv... Share Discussion Threads

[starpukka] 10/3/2023 15:47

Opened an srei long spreadbet today for a narrowing of the discount.

[spectoacc] 10/3/2023 15:29

Lol. What does he get paid, out of interest?

[skyship] 10/3/2023 15:18

65k - quite a reasonable purchase - £28,500.

[cwa1] 10/3/2023 14:36

Bar steward bought them SLIGHTLY cheaper than me :-((

[cwa1] 09/3/2023 16:14

Yes, took a few under 44 myself. Interesting times...

[dodger777] 09/3/2023 15:27

Bought a first few @44.02 seems a bit of a bargain …but I’ve said that before on other shares before they weren’t lol

[badtime] 09/3/2023 10:53

Took a nibble

[starpukka] 07/3/2023 17:14

Had a limit order deal today @ 45.85

[rambutan2] 01/3/2023 17:16

Yes, rather unusual but they made 5 today, 3 of them well under 3%:

[mirandaj] 01/3/2023 17:16

"Voluntary notification"

Connor Broadley Ltd.did that on the 1st December too but then called it "Voluntary disclosure"

[chucko1] 01/3/2023 17:06

You can declare your holding whenever you like - even if not mandatory as in this case. I suppose if you do, they feel obliged to publish it.

[skyship] 01/3/2023 16:39

Anyone see any reason for today's "Holdings" declaration?

[skyship] 24/2/2023 10:45

Excellent - I seem to be in good company.

Just watched that excellent last InvestorMeet presentation again - very reassuring for our positions.

[my retirement fund] 24/2/2023 10:15

Just loaded up at 46p

[spittingbarrel] 24/2/2023 09:18

Just joined you SKY.

[skyship] 24/2/2023 08:21

Just topped up at 46.02p Discount = 25.8% & the Yield = 7.12%.

Strikes me as incredible value back down at this level again...

[nexusltd] 12/2/2023 15:04

@skyship & @MRF. Thank you for the comments; the common theme for both inputs, being that these deals, large relative to daily volumes, are likely to have taken days to assemble and fill.

[my retirement fund] 12/2/2023 08:51

I would go further, a buy order for the shares was probably been put in a week ago starting at 47p and the market maker has been accumulating shares, most probably each day at a certain percentage of daily average volume ti keep liquidity in order to do it and has only now passed the required amount over to its new owner at the weighted average! I'll bet you won't see a RNS detailing a seller in the next few days, let's see.

[skyship] 12/2/2023 08:07

nexus - looks to me like a worked sale done over a number of days by one MM. A large chunk was satisfied by the 1.44m purchase at 48.5p on Wednesday.

[nexusltd] 11/2/2023 21:57

@MRF. Sure. The large trade qty and lower price relative to time adjacent trades ranging between 48.50p & 48.68p suggest that 48.20p was BID. If I had gone to market and requested 3.45mn shares I'm certain I would not have been offered them at 48.20p each. Indeed I'd have probably had to split the BUY order into more than 10 lots to have had any chance of them being filled.

Edit: No certainty that we will see a TR1 as 3.45mn shares is just 0.7% of shares outstanding

[my retirement fund] 11/2/2023 21:25

Interesting you call them sales instead of buys. What would you have to have observed to call them "buys". For what it's worth most of the rest of your post made sense and I was able to understand it, but that statement about looks like a sale, can you explain that statement in more detail please?

[nexusltd] 11/2/2023 19:03

@nickrl. Those two off-book trades both @ 48.2p totalling 3.45mn shares look like sales. Of course someone has bought at that price. Daily volume is c. 0.75mn shares. Interesting that there was sufficient liquidity for such large trades. Could they be:
1) inter-institutional trades, or
2) mm's replenishing their books, or
3) ?

I seek to learn from your observation.

[nickrl] 11/2/2023 13:07

@mrf two big trades went through just after 1609 totalling 3.45m so we might see an RNS

[my retirement fund] 11/2/2023 11:24

The latest "Spot the Dog" study from bestinvest found that Schroders accounted for nearly a quarter of all mutual funds listed in a report as persistent underperformers. With last year data showing little sign of a turnround.

[my retirement fund] 11/2/2023 10:56

Fridays closing trading volume exceeds daily average by +156.34%