We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Social Housing Reit Plc | SOHO | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -0.90 | -1.51% | 58.60 | 16:35:27 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 58.90 | 58.10 | 60.90 | 58.60 | 59.50 |
| Industry Sector |
|---|
| REAL ESTATE INVESTMENT TRUSTS |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 21/11/2024 | Interim | GBP | 0.01365 | 28/11/2024 | 29/11/2024 | 13/12/2024 |
| 12/09/2024 | Interim | GBP | 0.01365 | 19/09/2024 | 20/09/2024 | 04/10/2024 |
| 17/05/2024 | Interim | GBP | 0.01365 | 30/05/2024 | 31/05/2024 | 28/06/2024 |
| 07/03/2024 | Interim | GBP | 0.01365 | 14/03/2024 | 15/03/2024 | 28/03/2024 |
| 13/11/2023 | Interim | GBP | 0.01365 | 30/11/2023 | 01/12/2023 | 15/12/2023 |
| 06/09/2023 | Interim | GBP | 0.01365 | 14/09/2023 | 15/09/2023 | 29/09/2023 |
| 24/05/2023 | Interim | GBP | 0.01365 | 08/06/2023 | 09/06/2023 | 30/06/2023 |
| 02/03/2023 | Interim | GBP | 0.01365 | 16/03/2023 | 17/03/2023 | 31/03/2023 |
| 23/11/2022 | Interim | GBP | 0.01365 | 01/12/2022 | 02/12/2022 | 16/12/2022 |
| 08/09/2022 | Interim | GBP | 0.01365 | 15/09/2022 | 16/09/2022 | 30/09/2022 |
| 30/05/2022 | Interim | GBP | 0.01365 | 09/06/2022 | 10/06/2022 | 24/06/2022 |
| 03/03/2022 | Interim | GBP | 0.013 | 10/03/2022 | 11/03/2022 | 25/03/2022 |
| 04/11/2021 | Interim | GBP | 0.013 | 11/11/2021 | 12/11/2021 | 17/12/2021 |
| 03/09/2021 | Interim | GBP | 0.013 | 16/09/2021 | 17/09/2021 | 30/09/2021 |
| 17/05/2021 | Interim | GBP | 0.013 | 27/05/2021 | 28/05/2021 | 25/06/2021 |
| 04/03/2021 | Interim | GBP | 0.01295 | 11/03/2021 | 12/03/2021 | 26/03/2021 |
| 05/11/2020 | Interim | GBP | 0.01295 | 12/11/2020 | 13/11/2020 | 18/12/2020 |
| 26/08/2020 | Interim | GBP | 0.01295 | 03/09/2020 | 04/09/2020 | 25/09/2020 |
| 14/05/2020 | Interim | GBP | 0.01295 | 21/05/2020 | 22/05/2020 | 26/06/2020 |
| 05/03/2020 | Interim | GBP | 0.01285 | 12/03/2020 | 13/03/2020 | 27/03/2020 |
| Top Posts |
|---|
Posted at 07/2/2025 19:22 by williamcooper104 BLND is on leas if a discount, but it's still on a c35% discount CLI and RGL are on wider discounts than SOHO So the discount itself isn't reason enough to be cautious The balance sheet is excellent The share price hasn't recovered from the fall out over HOME reit CVA are a pain; but they don't necessarily take that long to get through c11x FFO on low leverage with little beta to the wider economy |
Posted at 07/2/2025 19:00 by superiorshares loglorryMy Space is an agency . SOHO owns the properties and rents them to Myspace , Myspace gets all of it`s money off the Government . Every tenant with MYSPACE is on the dole . This is not specific to SOHO and Myspace , it is how it works with every single housing provider and Agency . MYSPACE , YMCA, FRAMEWORK, SHELTER ,CORNERHOUSE, NACRO, etc etc etc . They all work to the same script |
Posted at 06/2/2025 20:50 by loglorry1 From the last RNS : "The Company has 34 properties let to My Space. As cited in the 21 November 2024 announcement, My Space has not paid any rent or other sums due since June 2024 in respect of those properties. "It literally says My Space were to pay SOHO rents rather than collecting them from the local authority or tenant (which is what I think you mean by HMO). There's also a nice flow diagram of how it all works on their presentations. SOHO own the properties we know this because they have secured debt against them. Please short as many as you can. |
Posted at 06/2/2025 18:51 by superiorshares Soho make no mention that the my space properties are now with another provider .They said they are working with Myspace to try and ensure a smooth transition . I have a little knowledge of how Social housing and emergency accommodation works . The rent payment is completely separate from services payments . Rent for emergency accommodation used to be 260 pound per week per room . Any additional services required by vulnerable tenants are a completely different payment . anybody who cant make a HMO pay must be corrupt . |
Posted at 03/2/2025 20:03 by williamcooper104 That's it - just as with care homes years ago - the trick is to say that the income is government backed - which is true - but that just means your tenant won't have a bad debt - doesn't mean you won't get paid your rent as you're taking operating risk on your tenant being able to run the services and pay you your rent Soho isn't a total fraud like HOME but it's still had a few problems |
Posted at 03/2/2025 19:07 by loglorry1 I'm not 100% sure but I think Gov paid MySpace to provide housing and related services. From that MySpace pay rents to SOHO. Apparently MySpace couldn't afford the rent after supplying the services so it all collapsed. I don't think SOHO got paid rent directly from the Gov otherwise obviously SOHO would just sue HMG for what they are owed. Appols if this is incorrect but I think it's close.The divi is covered without MySpace and the properties have been moved to a new manager. |
Posted at 31/1/2025 07:50 by superiorshares Loglorry1The Housing will always be provided as long as the Welfare system doesn`t collapse ? People do not realise just how much housing is paid for by Welfare payments . The vast majority of vulnerable people are drug addicts and some additional payments for support in that area are very easily axed . In Theory SOHO will still get their money because it will affect the agencies but not the actual Landlord . All I`m saying is, How profitable will smaller agencies be, if additional payments above actual rent , are axed ? I have been through SOHO property portfolio on their Website and some of those HMO`S are your bog standard rooms for addicts and Prisoner`s out on Licence etc . Last one with regard to MYSPACE , how the hell haven`t they been done for fraud ? The monies for the rents have been paid for by the Taxpayer ( about £260 per room , per week ) If they are not paying their rent to SOHO , Who is having all that Tax money ? |
Posted at 30/1/2025 17:52 by loglorry1 I really can't see Labour not providing the sort housing provided by SOHO. There are so many other easier targets. |
Posted at 30/1/2025 17:35 by superiorshares I would like to invest here .The only problem I think brewing, is Reeves announcement that she is going to slash Welfare spending on Sick benefits . Soho always states that they go for housing that provides the additional support . These additional payments apply to a whole raft of things , some of them are utter Tosh as well . If Reeves pulls the rug on some of them ? How are the agencies then placed Profitability wise ? Will that then lead to more rent problems ? Also if a building suddenly loses x amount in additional Taxpayer support payments , how will that affect asset values ? Just my thoughts |
Posted at 21/11/2024 13:46 by pdt I took the opportunity to add this morning.I suspect they will get the MySpace leases transferred in 2025 with the new manager in place in January. The dividend yield of 9% is fully covered now and will be more covered when the move is completed. The NAV will improve once leases are moved and the big discount to NAV (110p vs 60p) will narrow. An advantage is that debt is on a long fix. I don't think the sale of £20m of properties will make much difference one way or the other. Happy to hold and collect dividend. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
