Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Target Healthcare Reit Plc LSE:THRL London Ordinary Share GB00BJGTLF51 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.80 -0.69% 115.00 115.00 115.60 116.20 115.00 116.20 514,809 16:35:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment Trusts 36.0 22.2 5.1 22.8 588

Target Healthcare Reit Share Discussion Threads

Showing 51 to 75 of 75 messages
Chat Pages: 3  2  1
DateSubjectAuthorDiscuss
08/6/2021
11:57
JonG same with me, the Halifax a real pain, in my ii account on the 28th may
nerja
08/6/2021
10:49
Divi received on 28th with HL
alter ego
08/6/2021
10:45
Has anybody else still not received their dividend due on 28th May ?. I'm with Halifax Sharedealing and still no payment in my ISA as of 8th June. I definitely qualify having held shares long term and received the last dividend.
jong
13/5/2021
10:01
XD today (1.68p) payable on 28th May
jong
07/5/2021
12:15
Paid for research from Edison... https://www.edisongroup.com/wp-content/uploads/2021/05/Target-Healthcare-REIT-Consistent-positive-returns-with-social-impact.pdf Valuation: Attractive indexed, long-term income The FY21e yield is an attractive 5.7% with good prospects for DPS growth. This supports a premium to NAV, which at 1.09x (Q321 NAV) is in line with the average since IPO but below the 1.19x peak. Robust rent collection and DPS payments through the pandemic indicate potential for yield tightening
cwa1
05/3/2021
16:49
Lengthy piece in The IC today. They rate it a buy. Apologies for the formatting but hope you get the gist:- Can healthy dividends continue? The target annual dividend for the 2021 financial year, which is paid in quarterly instalments, stands at 6.72p a share, up from 6.68p for 2020. At the current share price, that equates to a potential yield of just over 6 per cent. However, the security of those payments has become less certain following the pandemic. Provisions for rent arrears made during the last financial year meant coverage of the dividend by EPRA earnings dropped to 76 per cent, down on 82 per cent during the prior two years. However, if occupancy levelsrecover as we emerge from lockdown, there is every chance that dividend cover will improve. Over the longer term, there is reason to be bullish towards the shares. The value of the assets in Target Healthcare’s portfolio have continued to rise, which, together with annual contracted rent increases, has resulted in the Reit’s net asset value (NAV) moving marginally upwards to around 108p a share at the end of December. Demographic changes are also supportive of increased need for elderly care accommodation, with the number of people aged 85-plus forecast to double over the next 20 years, according to the Office for National Statistics. The shares trade broadly in line with forecast NAV at the end of June and at a 5 per cent discount to a forecast 117p at the same time in 2022. That seems an undemanding valuation when the strength of the balance sheet, strong rental growth track record and rising asset valuations are considered. Indeed, in the year prior to the pandemic the shares commanded an average premium to forecast next-12-month NAV of 4 per cent PS: It is taken from the online PDF magazine. Is there a simple way to format it to make it look on here?
cwa1
03/3/2021
17:49
JonG- yes I am in same boat as you, Halifax Sharedealing and waiting for dividend.
arv2168
03/3/2021
13:42
Divi received in ii on 26/2. Also, can report that ii have now sorted out the allocation after sending them a message.
cwa1
03/3/2021
13:22
No. Divi received on 26 Feb. (HL)
alter ego
03/3/2021
10:07
I've still not received last weeks dividend (due 26th Feb) into my nominee account :-(. Anyone else missing theirs ?
jong
03/3/2021
09:44
Anyone else using ii here that participated in the offer? If so, has your allocation been sorted out yet? Mine hasn't and was wondering if there was a problem with mine, of if they are just being slow? My holding with EQI has been sorted for a few days now. Cheers
cwa1
03/3/2021
08:43
My subscription has received full allocation. I understand there's a scaling back. Presumably it only applied to large orders.
bathcoup
01/3/2021
12:38
Is anyone with a Halifax Sharedealing account still waiting for last weeks dividend (26th Feb) to be paid ?
jong
25/2/2021
16:11
I see THRL are at 112.3 which is unspectacular but not discouraging. I'm still holding off at the moment. Apollocreed - I haven't ventured into GCP either yet. Keeping an eye on future IPOs. Brewdog is coming - but not sure if PrimaryBid are involved.
fez77
25/2/2021
12:05
"Further to the Company's announcement on 12 February 2021, the Board of Target Healthcare REIT plc has carefully considered the strong level of support from investors during the marketing roadshow, along with the attractive investment pipeline sourced by the Investment Manager, and decided to increase the target size of the Initial Issue up to a maximum of £60 million."
alter ego
24/2/2021
14:50
Thought this is THRL thread! Anyway, I have dipped my toes in THRL by subscribing 5,000 shares.
bathcoup
23/2/2021
18:22
Re GCP Infrastructure, it's a very secure 7% dividend yield at about 1% premium to its 102p NAV. They provide secured loans for renewables (60%) social housing (25%) and Infrastructure like roads (15%). A lot of their income streams are government backed and nearly all inflation linked. They do not have the risk of managing the infrastructure assets-they just collect payments as a secured creditor. They have traded in the past at 120-130p so I think this is a very good price. Price weakness is because they had some loan repayments in December and reinvesting the money is a challenge because so much money is competing for renewables so yields have been pushed down. However GCP is one of the best companies in the sector and the team has more experience than all the new upstarts. Including dividends they've returned 110% over 10 years with very low volatility.
apollocreed1
23/2/2021
18:20
@Fez77-I noticed today that I could buy GCP Infrastructure Investments at 103p on a 7% inflation linked yield which I think is much more secure than THRL. I was also surprised that THRL only collected 91% of the last quarters rent -many of the office and retail companies like RGL,EPIC and AEWU have had around 91% collection rates, but I would have expected THRL to have much less risk of defaults. So now I have a suspicion that maybe this capital being raised is to deal with cash flow issues and not for expansion as they actually state in their RNS.
apollocreed1
22/2/2021
16:49
I've been studying the IPOs and Subscriptions on PrimaryBid and have noted that with some exceptions (like TGR, NGHT, and IDEA), the share price tends to stay around the offer price for some time after the new share release. The recent IPO - Cellular Goods - will probably show a premium because it was well oversubscribed (and well "hyped" being a Cannabis type stock and therefore "flavour" of the month!)but I suspect that THRL will be available for some time at or around the 111p-113p mark. I will be keeping my powder dry on this one for the present time.
fez77
22/2/2021
10:22
I see that the THRL offer is now available on PrimaryBid as well
cwa1
17/2/2021
18:01
Thanks. Really helpful. Appreciate ir. 👍
paulwannaretire
17/2/2021
13:55
New shares are being issued at 2.6% premium over NAV so this is marginally positive for the share price. Reason for the slight drop in current share price is mainly due to your second point. I have indeed sold some of my holding this morning (10000shs @ 112.4p in order to buy back plus a few more in the offer at 111p. If you are going to do this only sell a small part of your holding as you would not wish to end up with less than you started with due to scaling back.
ec2
17/2/2021
12:38
Hi all, Hoping you can help, I haven't been in this situation before. I take it that the share dilution will inevitably lead to a slight drop in price. I guess this will already be priced in? Now that the offering has been announced, would applying for additional shares @111p and then selling your existing holding at 113p or is this sneaky move not permitted? Thanks
paulwannaretire
17/2/2021
11:23
Yes, the issue seems to be fixed now and they are accepting my instructions. Would have been nice if they had got it right in the first place, but better late than never!
cwa1
17/2/2021
07:58
Great, thanks very much nerja, will try again later this morning when I get a mo!
cwa1
Chat Pages: 3  2  1
ADVFN Advertorial
Your Recent History
LSE
THRL
Target Hea..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210612 14:20:50