Social Housing Reit Share Discussion Threads

[williamcooper104] 25/10/2023 12:35

No clue but welcome The bar is pretty low for SOHO after HOME - just have to show they aren't actually fraudulent

[cruelladeville] 25/10/2023 12:34

Nice to see a good day at SOHO. Anyone know why, there's no RNS that I can see?

[wskill] 12/10/2023 12:56

Do they have to update when its less than 5% .

[indalo] 11/10/2023 16:57

PRS reported strong results and 99% rent collection. Not directly related but may explain the rise here. The Chief Investment Officer has spent £500k+ on shares in the last year or so which gives some comfort.

[spooky] 11/10/2023 16:50

Either the Blackrock fund manager is out of the office for a couple of days or possibly he has been given a reason to back off.

[cwa1] 11/10/2023 15:45

Respectable UT at 52p. If it wasn't for the fact we've been here umpteen times before-and been disappointed-I'd tentatively have hoped we'd turned the corner. Thankfully I know better :-)

[chucko1] 11/10/2023 10:32

Likewise the 66p bid of 8 weeks ago was unexpected. You would have though war had broken out.

[cwa1] 11/10/2023 09:42

At one point I hadn't expected to think that 50p on the bid would be a red letter day!

[chucko1] 10/10/2023 16:31

Today's price action - weakness in the face of market strength - adds weight to the theory of a continuing and needy seller. In the face of the UT, let's see if the seller is over. This thing was 66 when I last sold some (bought many since) - and it seems just a few weeks ago, if that.

[cwa1] 10/10/2023 15:59

Clutching at straws, I know...but...the closing UT was at a decent price relative to the rest of the day's performance. See me, see rose tinted spectacles ;-)

[2wild] 10/10/2023 00:29

A sustained fall over several weeks is seldom down to a single seller. The whole REITsector is in the toilet. Although the fals Luke overdone, I'm not sure what the catalyst will be for future rises anytime soon. I am just Buying 5-10% dips and collecting huge dividends.

[spooky] 06/10/2023 14:02

There is a large institutional seller and the shares aren't going anywhere until he is out IMO.

[cruelladeville] 06/10/2023 11:39

I don't see a reason for the recent share price reversal. House prices are obviously falling but interest rate environment is stabilising and inflation hopefully getting more under control. Massive discount here to NAV already. Why the share price drop? Further fallout from the HOME debacle?

[cwa1] 03/10/2023 15:39

Yes, arrived this morning. Very unusual for iDealing not to pay out on the day but I bough them the day before XD, so that MAY have complicated things, I'll give them the benefit of the doubt as they are usually very good

[badtime] 03/10/2023 15:35

Got your div yet?

[cwa1] 02/10/2023 13:02

Aft'noon

Anyone with iDealing holding here? Have you received Friday's dividend in your account yet?

Cheers

[chucko1] 01/10/2023 22:16

Where do you get that 64% from?

[stemis] 29/9/2023 16:09

Market is valuing SOHO's properties at only 64% of current valuation

[williamcooper104] 29/9/2023 12:01

Good Establish loss for litigation Only with HOME can getting a third of what was paid be good news

[chucko1] 29/9/2023 11:42

If that represents the worst part of the portfolio, and it might well do, it is an OK outcome if compared with the suspended market price.

Compared with the pretty stable NAVs of both CSH and SOHO, it asks some pretty uncomfortable questions.

[cruelladeville] 29/9/2023 10:43

A stinking RNS this morning from HOME. "The proceeds from the Sale Properties represented an average of 32% per cent of their purchase price."Serious fraud office should be looking at it. SOHO still suffering from the fallout from HOME.

[badtime] 28/9/2023 22:07

You still around inferior

[superiorshares] 28/9/2023 19:22

I am no longer on this . I am not greedy and have made my desired amount.
However if you wanted to really gamble .
I think a problem will surface in the not to distant .
I think should that happen ?.. then 30 p in quick order .

[superiorshares] 28/9/2023 19:20

Bedtime
You didn't have long to wait 😀

[badtime] 28/9/2023 13:29

Waiting to see if 50 holds before considering a top up to a modest holding