Tritax Big Box Reit Share Discussion Threads

[essentialinvestor] 31/10/2024 13:42

Thank f.uck I held off, gilts movement looking ugly.

[essentialinvestor] 24/10/2024 11:44

Beginning to look attractive again, or best to wait post budget ?.
I favour waiting, but may be too cautious.

[cwa1] 18/10/2024 16:20

Good volume today

[chucko1] 10/10/2024 18:02

GS said $60+ on PFE.US - it's half of that!

[speedsgh] 10/10/2024 16:40

Dividend Declaration -

The Board of Directors of Tritax Big Box REIT plc (ticker: BBOX) has declared an interim dividend in respect of the period from 1 July 2024 to 30 September 2024 of 1.825 pence per ordinary share, payable on or around 27 November 2024 to shareholders on the register on 1 November 2024. The ex-dividend date will be 31 October 2024.

In accordance with the Company's dividend policy, the first, second and third quarter dividend payments will each represent 25% of the previous financial year's annual dividend of 7.30 pence per ordinary share. The level of the fourth quarter dividend will be used to determine any potential dividend progression, with an overall aim to achieve a pay-out ratio in excess of 90% of Adjusted earnings.

This dividend will be a Property Income Distribution ("PID").

[scruff1] 11/9/2024 20:58

I must say Im not in a buy mood before Reeves threatened embezzlement but if I was BBOX would be high up the list. Pretty much everything seems right - apart from this government of loons.

[skinny] 10/9/2024 08:54

FWIW :- Goldman Sachs raises Tritax Big Box price target to 200 (190) pence - 'buy'

[affemoose] 05/9/2024 10:30

Doesnt look like BBOX made the FTSE 100 list.

This is minorly irritating short term as it would have meant increased volume and price stability as trackers would be obliged to hold it. But... They are selling off non core so it would have dropped out again anyway so.... whatever!


Looking over at Tritax EBOX - they are getting taken over. What alarms me here is that the takeover price is at a 14% discount to NAV. WHich indicates that the NAV was wrong.

While I think the NAV was right - it is clearly not easy to flog off an entire portfolio of properties at NAV. Which does leave me to wonder why on earth they are surrendering to this takeover at all.

[skinny] 05/9/2024 09:19

FWIW :- JPMorgan raises Tritax Big Box price target to 200 (185) pence - 'overweight'

[igoe104] 05/9/2024 06:34

This fantastic income stock could be about to join the FTSE 100!

[scruff1] 04/9/2024 17:57

Whats that all about on the trade board???

[affemoose] 04/9/2024 10:10

Thank you William

[grahamburn] 02/9/2024 11:50

Very positive article concentrating on the rise of the warehouse sector and the demise of retail and office property sectors with considerable mentions of Tritax

[williamcooper104] 13/8/2024 10:43

Estimated Rental Value (ERV) is the current estimate market rent of a property/lease The passing rent is the rent currently being paid, if the market rent is higher then at the expixy of the lease (or next rent review if that's an open market review) the lease will then go to the higher market rent That difference is the reversion A lease rented below market is under-rented And a lease rented above is over rented You'd expect the yields on the former to be lower and the latter to be higher (eg shed at 3% v shopping centre at 10% cap rate)

[petewy] 07/8/2024 09:12

Forward results
"The logistics assets have strong income growth potential, including an embedded 41% reversion, and we have identified numerous asset management opportunities to help accelerate this capture. Having acquired UKCM at an attractive point in the market cycle, these initiatives are also expected to drive increased capital values.

[affemoose] 07/8/2024 08:37

ANd this goes some way to answer my question: "Target of £150-200 million of nonstrategic asset sales in H2 24"

[affemoose] 07/8/2024 08:30

Sorry - 6 month financials not FY.

Good results though

[affemoose] 06/8/2024 12:10

I am hoping we will find out some information in the Annual Report due tomorrow. Things like 'what is being disposed of, how much cash, whats the strategy' etc.

I know there's been a bit of information given out but I do like specifics not generalisms.

I am more than aware that a REIT like this is basically a boring share - I like boring and predictable income generators. But unusually for a REIT this one has a few unknowns i'd like clarified.

[scruff1] 04/8/2024 07:31

BBOX has ridden this latest market dive better than most in my portfolio. I had been thinking of adding. I remember where it was pre the 'crash' and imo its in a stronger position now to take advantage of any recovery if one ever comes - although the way Labour has played its first month in office I am increasingly doubtful. Leopards/spots and all that

[petewy] 03/8/2024 17:27

HL
hxxps://www.hl.co.uk/news/3-investment-ideas-to-benefit-from-interest-rate-cuts?utm_campaign=EOWSI%20Share%20Insight%20v2&utm_source=AdobeCampaign&utm_medium=email&theSource=EOWSI&e_cti=12705696&e_ct=F&Override=1&;deliveryName=DM186499

The valuation has already improved recently. But we think there’s room for further upside which could present an attractive entry point for those willing to ride short-term uncertainty. Sticky UK service inflation is a key risk to the interest rate outlook.

[pj fozzie] 08/7/2024 09:30

Thanks for posting that link, Skinny.

Cheers,
PJ

[scruff1] 07/7/2024 13:02

Decent read. Nice and positive. Cheers skinny. Gives BBOXs recent t/o perspective.

[skinny] 06/7/2024 12:13

Worth a read :-

[scruff1] 03/7/2024 06:50

Lets hope it helps increase my credit rating