Tritax Big Box Reit Share Discussion Threads

[johnrxx99] 07/3/2019 05:55

No way a fund, which is what it is, can have a premium to NAV. Does the NAV include sale cots etc. I's say at least 5% so currently fully valued.

[speedsgh] 06/3/2019 16:21

Pyufak - The analysts meeting was at 08.45 this morning so I'm afraid you've missed the boat in terms of asking questions. However there is always the AGM in May (date TBC) if you wish to attend. Last year it was a 10.00 start at the offices of Taylor Wessing LLP, 5 New Street Square, London EC4A 3TW. Time/date/venue of this year's AGM will be confirmed in due course via rns "on or around 15 April".

The audio presentation from today's analyst meeting is available for download from the Results Centre on the company's website -

[pyufak] 06/3/2019 12:26

I will not be able to join call - if anyone can ask about potentially increasing leverage of the company towards the 40% limit or plan to stick around current levels. Overall solid results - it's been a few years of fantastic total returns - I wouldn't mind them consolidating a bit going forward rather than sticking at break neck growth

[jonwig] 06/3/2019 10:05

speeds - is it cash drag from the recent fundraising, and assets under development?

[speedsgh] 06/3/2019 09:58

DIVIDEND DECLARATION & NEW TARGET DIVIDEND CONFIRMED FOR FULL YEAR 2019 -

DIVIDEND DECLARATION
The Board of Directors of Tritax Big Box REIT plc (ticker: BBOX) has today declared an interim dividend in respect of the period from 1 October 2018 to 31 December 2018 of 1.675 pence per ordinary share, payable on or around 28 March 2019 to shareholders on the register on 15 March 2019. The ex-dividend date will be 14 March 2019.

0.90 pence of this dividend will be paid as a Property Income Distribution ("PID") in respect of the Company's tax exempt property rental business and 0.775 pence will be paid as an ordinary UK dividend ("non-PID").

PROGRESSIVE DIVIDEND POLICY
Consistent with its progressive dividend policy, the Company today confirms it is targeting an aggregate dividend of 6.85 pence per ordinary share for the year ending 31 December 20191, which is an increase of 2.24% over the dividend target of 6.70 pence per ordinary share for 2018.

----------------------

Target increase of 2.24% is a slight slow down in rate of dividend growth. Would be interesting to know the reasons behind this. Maybe this will have been taken up at the analysts meeting...

TOTAL FY 2019 (E) - 6.85p (+2.2%)
TOTAL FY 2018 - 6.70p (+4.6%)
TOTAL FY 2017 - 6.40p (+3.2%)
TOTAL FY 2016 - 6.20p (+3.3%)
TOTAL FY 2015 - 6.00p
TOTAL FY 2014 - 4.15p

[jonwig] 06/3/2019 08:21

5.8% at 144p.

Deserves a premium given WAULT and companies such as Amazon on its rent roll.

[johnrxx99] 06/3/2019 07:31

What will the discount be?

[belgraviaboy] 06/3/2019 07:29

NAV 152.83

[greatgiginthesky] 23/2/2019 11:17

I was lucky enough to increase my holding by 54% through HL. Nice to see the share price flirting with the 140s again.

[skinny] 22/2/2019 15:40

They have got a bit lackadaisical about rights issues over the years.

SP back to old support(resistance) @140p.

[joe say] 22/2/2019 14:46

skinny - its the confirmation bit I'm referring to - if they've allocated to your account (and mine) then by definition they've done the maths

how hard is it to press 'send' in respect of the associated message?

[skinny] 22/2/2019 14:08

They have been showing on my HL account since at least the 14th (see post 981).

They confirmed the allocation by message today and the excess money was returned on 20th.

[joe say] 22/2/2019 13:03

If I've got my maths right then HL gave me 43% of the excess application. Will confirm once they notify me - but that's what it looks like

Actually 43.5% - so 9/10

But one has to ask why it takes HL so long to confirm?

[skinny] 22/2/2019 07:12

Tritax Big Box REIT plc (ticker: BBOX), the only real estate investment trust dedicated to investing in very large logistics warehouse assets in the UK, will announce its full year results for the 12 months ended 31 December 2018 on Wednesday, 6 March 2019.

[alter ego] 16/2/2019 10:23

Yes, each broker gets an allocation of shares based on their clients’ collective holdings. If clients collectively take up less than another brokers clients, the allocation to those that do apply for excess shares will be higher than anotherbroker.

[skinny] 16/2/2019 09:50

Possibly less HL holders took up their full allocation?

[tyranosaurus] 16/2/2019 09:46

I`m pleased I was not going mad when I said I got 43%

Don`t understand how some people get 19% and others 43%.
Something ain`t right.

[robow] 16/2/2019 09:38

I'm with Selftrade and got 43% as well

[joe say] 16/2/2019 09:06

If I've got my maths right then HL gave me 43% of the excess application. Will confirm once they notify me - but that's what it looks like

[cousin jack] 15/2/2019 17:54

Does anyone know how long are we likely to have to wait for return of funds for unallocated shares?

[melody9999] 14/2/2019 15:18

AJBell - received 19.41% of excess shares applied for in my SIPP and my ISA. Comfortable with position size now.

[pj fozzie] 14/2/2019 14:38

I'm with interactive investor - I've got 19.59% of the excess I applied for.

Cheers,
PJ

[belgraviaboy] 14/2/2019 13:07

AJ Bell have given me 19.41% of my (very large) excess application.

Looks inline with the numbers BBOX put out.

Very worthwhile picking them up at that level of discount even with the scaleback.

I am not selling for a quick profit either.