Target Healthcare Reit Share Discussion Threads

[bdog51] 19/7/2023 09:27

Any particular reason for the 5% rise this morning? Nice to see anyway.

[spoole5] 21/6/2023 08:53

Gotta be pretty vulnerable to a bid at these levels

[wskill] 29/5/2023 20:38

Yes Spec if refinance was required it could be trouble but luckily not needed ,the upwards only rent reviews covering 99% of properties will be helpful.

[spectoacc] 28/5/2023 16:47

Falls in interest rates? Market now has +0.25% in June (I'm not so sure) & future peak at possibly 5.5% (also not sure, but could easily see eg 5% and still be there a year from now).

Borrowing costs in the Gilt market also been rising sharply.

[wskill] 28/5/2023 10:28

See a small mention in trustnet magazine today writer believes falls have been overdone and stability beckons with the expected falls in interest rates.THRL has fixed rates at 3.3% a while back but I see what is meant with falls in interest rates new building of homes could again become profitable.

[saltaire111] 22/5/2023 10:16

Sold out of Civitas and bought THRL with the proceeds.

Salty

[mister md] 19/5/2023 08:43

Looking at yesterday's trades seems there were 2x 1,000,000 share buy trades at just under 84p ?

[wskill] 11/5/2023 18:10

With the rise in building costs for new homes this should remove competition and increase occupancy/room rates in the long term ,THRL is in a very good position I think for the years ahead.

[spoole5] 11/5/2023 17:05

Divi now fully covered and should increase year on year, a comfortable ltv of 23%, in a growing sector. Expect to see the discount erode away over the next 12 months.

[cwa1] 11/5/2023 17:03

it's certainly impressive that on XD day, in very tricky markets, the share price has actually gone up

[mister md] 11/5/2023 16:44

Added some more today - seems to be in recovery mode

[spoole5] 11/5/2023 08:27

XD today for 1.4p

[spoole5] 10/5/2023 08:12

Topped up yesterday with CSH cash

[saltaire111] 09/5/2023 17:29

Very surprised not to see the share price respond to what happened in the social housing sector today.

THRL is now desperately under valued in my view, and one need on,y compare the NAV to the current market cap to see how there is a mismatch. Like Civitas, someone will rock up and try and buy this on the cheap, and we shareholders will lose out.

Salty

[cheshire man] 04/5/2023 11:58

Same here :-)

[mister md] 04/5/2023 10:29

Bought a few here for my dividend portfolio, looks good value at 75p

[bdog51] 03/5/2023 07:38

NAV at 103.4p, current share price is indeed massively discounted and I'd expect a decent recovery at some point.

[igoe104] 03/5/2023 07:25

Massive discount to the Nav, markets are very paranoid at the moment...

[creme de menthe] 03/5/2023 07:24

Dividend rebased but fully covered. Some room to improve to 90% occupancy. Property valuations holding up. Should provide a platform for recovery over time.

[spoole5] 03/5/2023 07:17

Decent update with the nav stable.

[chucko1] 11/4/2023 09:26

My recollection is that THRL are in any event limiting their rises, and I think they are targeting that 7% level.

[raptor_fund] 10/4/2023 14:04

TRCML, believe you are referring to specialist social housing providers who have been limited to 7% by the government. Care homes do not come under this limit.

[trcml] 30/3/2023 20:53

there is no statury cap. Such is only by agreement.

[alter ego] 30/3/2023 11:53

Isn't there a cap which limits the rise in rent?