Social Housing Reit Share Discussion Threads

[chucko1] 10/6/2024 07:43

It may be a snail's pace, but it may end up being a fairly juicy snail when it eventually lands on our plate.

[grahamg8] 10/6/2024 06:36

The update shows we are moving in the right direction, but it is at a snail's pace.

[spectoacc] 04/6/2024 12:45

Indeed. And most amusing of all - EBOX only up 1%. ASLI is up more.

(Granted, the EBOX move happened yesterday and when the rumours first emerged a few weeks ago).

[williamcooper104] 04/6/2024 09:13

CSH was the read across that also didn't really read across

[spectoacc] 04/6/2024 06:11

Every REIT investor calling a read-across, from a possible bid (price/discount to NAV unknown) for a Euro warehouse co :)

There was barely any read-across when UK REITs were getting picked off (LXI, CTPT, UKCM, nearly API..).

[tradez4dayz] 03/6/2024 17:04

Whats the read across?

[mikeh30] 03/6/2024 16:57

EBOX takeover. Read across ?

[woodhawk] 17/5/2024 09:52

If you don't 'believe', then probably better if U don't invest here?

[glavey] 17/5/2024 07:54

If you believe the numbers.

[2wild] 17/5/2024 07:45

Paid just below 60.1p on Wednesday. Using todays figures 9% Dividend Yield confirmed over next year and 47% discount to NAB.. Absolute bargain.

[chatchat] 17/5/2024 07:41

Have also added to my holding - the potential for increased div in future just a bonus on existing yield

[oniabsta] 17/5/2024 07:17

All buys so far. Thought they were sells until I bought :-)

[return_of_the_apeman] 17/5/2024 06:57

Yeah, cautious optimism of an increase to the dividend. Given that this has stalled a bit, no one seems that interested in a 9% +inflation linked yield lol

[spectoacc] 17/5/2024 06:12

Pretty happy with that - divi held but with the clear implication of a rise later, and NAV has marginally ticked up thanks to the rent increases based on last September's RPI.


"While rent collection in the first three months of 2024 has increased relative to 2023, the Board has decided to keep the dividend target flat to preserve dividend cover whilst the Investment Manager concludes the transfer of 38 properties from Parasol to Westmoreland and proceeds with the proposed sale of a portfolio of properties"

[chatchat] 16/5/2024 16:05

I guess the need for a poll may have taken extra time at the AGM.

[spectoacc] 16/5/2024 14:42

@Ricky47 - not seen any RNS today.

[wskill] 15/5/2024 11:28

With 9.7% of rent lost on Parasol not sure what way this will go should think they will leave dividend as it is .

[ricky47] 15/5/2024 10:30

Interesting article by Richard Williams on Citywire couple of days ago.
Dividend guidance to be announced at agm tomorrow Thursday

[return_of_the_apeman] 03/5/2024 07:32

Good news all round with more to come, so I have added today

[chucko1] 03/5/2024 07:27

"Paying customers" - I once read in a book that this was an advantage. I then learned to add two digit numbers and count to ten in French.

[spectoacc] 03/5/2024 07:19

Back in short term on that.

"...The Company intends to make further portfolio sales this year. The Investment Manager is currently in the process of agreeing heads of terms in relation to the sale of a portfolio."


Doesn't say how large, but points to an expectation of further good news ahead, as well as confirmation of the lease transfer to Westmoreland when it happens, albeit that's "..Before September..".

Getting shot of Parasol to an operator who actually pays rent would be a boost.

[wskill] 03/5/2024 07:08

Well they cannot say that Soho did not try with Parasol good that a more experienced and profitable operative is getting control.
Probably best value to shareholders buybacks with present share price.

[cwa1] 28/3/2024 14:41

iWEB almost always my slowest payer. Barclays used to give them a run for their money AND were hopeless, though I left them a very long time ago