Supermarket Income Reit Share Discussion Threads

[williamcooper104] 25/10/2023 13:27

It's about 95p You can sell prime, omni-channel assets but you can't necessarily buy them back again at the same price/if at all Far better to keep the asset base

[chucko1] 25/10/2023 13:23

Dex, I would recommend you beef up your research a bit.

The post is incorrect on every level.

[dexdringle] 25/10/2023 12:27

Given that the NAV is £1.50 a share, why are the managers not selling assets and distributing proceeds of twice the market value ?

Could it be because, from a salary point of view, it would be like turkeys voting for Christmas ?

[wish i wasnt in rbs] 25/10/2023 11:20

seem to be friendless this morning?

[badtime] 20/10/2023 10:46

Flirting with that 70p area again

[sharesoc] 18/10/2023 16:24

In case you missed our webinar with Supermarket Income REIT (SUPR), the recording can be found on our YouTube channel:

[makinbuks] 17/10/2023 18:22

hxxps://masterinvestor.co.uk/funds-and-investment-trusts/supermarket-income-reit-an-8-yield-with-the-prospect-of-dividend-growth/?mc_cid=32dc1acb1c&mc_eid=361f458232

Nice recommendation on Master Investor although nothing that was not known, and commented on, by regulars here already.

[flyer61] 12/10/2023 13:41

Slightest of rises noted…1.5 becomes 1.515

[jonwig] 29/9/2023 08:46

The Times covers it today. I get the impression they are inviting bids rather than that they have been approached.

[cyfran101] 28/9/2023 21:36

Are we involved in this? https://www.proactiveinvestors.co.uk/companies/news/1028104/john-lewis-planning-a-waitrose-sale-and-leaseback-scheme-1028104.html

[williamcooper104] 28/9/2023 15:59

Least it's not DGI9

[nimbo1] 28/9/2023 15:57

FFS can the share price stop dumping and just stay still - pretty please?!

[cwa1] 25/9/2023 09:50

RBC cuts Supermarket Income REIT price target to 115 (135) pence - 'outperform'

[makinbuks] 22/9/2023 11:26

Shame they only have it as a "hold". Thanks for posting, interesting

[jonwig] 22/9/2023 08:46

Shore Capital upgrade:

[mister md] 22/9/2023 07:49

Yes nice GBP 50k buy.

'Following the above acquisition of shares, Benedict Green hold s 1,095,095 Ordinary Shares in the Company and persons closely associated with Benedict Green hold 844,439 Ordinary Shares in the Company. Together, Benedict Green and closely associated persons now hold a total of 1,939,534 Ordinary Shares in the Company.'

[spectoacc] 22/9/2023 07:11

Good to see a director buy immediately the closed period is over.

[wskill] 21/9/2023 13:50

Thanks unastubbs for article a good positive buy for a change,

[chucko1] 21/9/2023 12:33

Yes, excellent call at 11am. Makes some presenters for other REITs look very amateurish by contrast. But they are Capital Market people!

[chucko1] 21/9/2023 12:31

Long term, it's the reversionary value(s) which matter. Both to the presenters and myself. Whether or not they cover the dividend in this specific year borders on irrelevant.

Clearly they did not get interest rates exactly right in the past 18 months, which accounts for a dividend not growing with inflation. With higher rents clearly on the horizon, lower rates in the medium term will see this back near 130p. But could take a while, though worth the wait. If it takes 5 years, you are looking at an IRR of circa 18% as an equity investor. Even at current rates (not going lower ager 5 Yeats), I see this at 100p to represent an IRR of closer to 12%.

FI investors are confused - medium rates up 7bps after the non-raise of base rates. Though lower on a 1 month time frame. It is these market conditions which epitomise the randomness of rate-affected equities. Make the most of it.

[unastubbs] 21/9/2023 12:14

very positive buy rec in The Times' Tempus column today - link to screenshot

[flyer61] 21/9/2023 12:12

1100 Presentation obviously did the trick! Managed to buy sub 79 when it was being presented. Guess others liked what they heard as well.

Divi growth not great however will be covered which is a plus.

[mpage] 20/9/2023 19:42

Ah right - thank you.