Uk Commercial Property R... Share Discussion Threads

[cousin jack] 08/3/2016 15:01

Sky: you are probably right but the two key questions at the moment are (1) what price should anyone wanting to average down a higher priced holding be looking to add at ? Personally I'm looking to add a few if/when it reaches 190 and again if/when it reaches 180. And (2) what is a realistic expectation for a snap back price .... even a substantial 25% rise from (say) 190 would probably leave many who have bought too early during the falls still below break even.

[skyship] 08/3/2016 13:18

I may be wrong but the above post sounds to be from someone who bought 40k @ 87p and now sees them 10% lower.

For your information the "pump & dump" game, if it exists at all, is really for AIM-listed microcap resource stocks. UAI has a MktCap of £244m, so even an investor with your wealth won't make much of a difference to the share price UAI are interesting due to the fact that they are being sold down by BlackRock. When they are done; the shares should snap back up and reflect the likely 300p NAV.

Make a note to take a look at the end of April; then come back here and post an apology...as will I if they are still sub-200p!

[schofip] 08/3/2016 12:56

I may be wrong but the above post sounds like a pump and dump of an unimpressive looking company share price heading in one direction.

[skyship] 08/3/2016 09:56

Mach - ADVFN is an excellent PI website; and includes many excellent features. One such you will find at the top of your screen, pretty much in the centre - NEWS. Click there when on a stock Quote site and you will find all the company's RNSs going back years.

You will see the last NAV statement on 29th January. That confirms the NAV is announced quarterly; and the last NAV as at end Dec'15 was 86.7p.

As for analysis, UKCM may be a reasonable long-term investment; certainly never a punt. There is much better value elsewhere in the propco sector for both growth and yield. The 8% NAV discount does not represent particularly good value at this stage of the cycle; and the 4.6% yield is unexceptional.

On a slightly more speculative tack perhaps consider UAI at just under 200p ahead of the end April Prelims which should reveal an NAV of 300p and a yield North of 6%. More interesting propco plays over on the CP+ thread.

[mach100] 07/3/2016 23:08

What is the NAV currently? Are these worth a punt now? Pays a regular divi so yield is not too bad. Any comments appreciated.

[dr biotech] 25/11/2015 13:44

Heading towards a 0% return on the year for this. It seems to be underperform vs its peers too. Now at a discount to NAV too. Perhaps I'll get some more after xmas

[schofip] 09/11/2015 14:29

yes the trade appeared an hour later. Bizarrely my other property shares are in SLI to. I am concerned with SLI regarding its PID distortions and related tax issues for non ISA. These were bought in my ISA so no tax considerations. Agree with buy to let comparison, A whole load of work and worry. And that little bubble may well pop in the not to distant future.

[dr biotech] 09/11/2015 11:25

Sometimes it will be delayed by an hour or it could have gone through a different exchange.

I hold half my commercial property shares here, the rest are in Standard Life Commercial property (SLI) which have performed slightly better in the few years I have had them. Both have done well though. Beats the effort of a buy to let and not subject to tax either as they are in my ISA.

[schofip] 09/11/2015 10:49

Bought 40000 shares today worth £30K via selftrade however the trade has not shown up on ADVFN Trades Page. Anybody else had this happen? It could be due to the size of the trade however I would not have thought 40K shares would make much of an impact.

[8w] 14/10/2015 20:35

Skyship - I wasn't aware of the Commercial Property thread - I probably need to get up to speed! I bought UKCM about 4 years ago, so am sitting on a profit. I have thought of switching when the premium has been excessive but couldn't see a significantly better opportunity in other REIT's. I need to keep an exposure to this asset class so have taken the easy option and stuck with it.

[skyship] 14/10/2015 11:14

8w - propcos trading at a discount is the natural state of affairs; trading at a premium is very much the exception and usually denotes the top of the Market and time to exit.

On this occasion the very exceptional effects of QE and prolonged low interest rates are rather muddying the waters of the normal business cycle. It looks as though there could be far more to go for in the Regions where yields of 7%-9% are still the norm. Still, hardly surprising to see some of the excess premia reverting.

I assume you know of this thread:

[dr biotech] 14/10/2015 10:13

Its been at a discount to NAV before - no reason why it can't happen again. This is a long term income play for me though, whilst I prefer the share price to rise I'm not overly concerned. Just as long as the NAV heads in the right direction, the rest is just sentiment

[8w] 13/10/2015 21:28

Drifting to NAV. It couldn't go to a discount could it?

[dr biotech] 06/5/2015 15:44

Quite a drop today by their normal movements. Not really sure what the market was expecting. wouldn't surprise me though if it moved back towards its NAV.

[christh] 06/5/2015 08:18

ate: 6 May 2015
Company: UK Commercial Property Trust Limited
Subject: Dividend Declaration


First Interim Dividend for 2015

UK Commercial Property Trust Limited today announces its first interim dividend
payment, in respect of the financial period from 1 January 2015 to 31 March
2015, of 0.92 pence per share as per the schedule below.

Ex-Dividend Date - 14 May 2015

Record Date - 15 May 2015

Pay Date - 29 May 2015



All Enquiries:

The Company Secretary
Northern Trust International Fund Administration Services (Guernsey) Limited
Trafalgar Court
Les Banques
St Peter Port
Guernsey
GY1 3QL

Tel: [phone]

[dr biotech] 09/4/2015 11:48

I hold about 15% of my portfolio in SLI and UKCM. The theory was that the yields would counterbalance my supposed growth shares. Turns out of course that these grew more than most of my other ones anyway. Not sure I would buy in now with the significant premium to NAV but its still a decent return.

[arja] 09/4/2015 08:36

hi christh- just noticed the lovely chart for this stock but a pity it is so illiquid and moves slowly . Might try to accumulate a few through my spreadbet account as margin % much less. good luck with it . I see SLI has a nice chart too.

[christh] 20/2/2015 11:46

it will start again heading to 100p by December.
Hopefully the divi will rise too maybe 3p

[chector177] 21/1/2015 17:05

Sorry no, just enjoying the ride

[dr biotech] 20/1/2015 15:23

These have done remarkably well over the last few months, whereas my holding in SLI has been much more modest. Any ideas why?

[chector177] 12/9/2014 12:08

Just rated as a buy in IC

[christh] 01/9/2014 09:12

Next dividend 10 September 2014

[christh] 29/8/2014 07:12

UK Comm Prop Tst Ltd Directors Dealings
Date : 29/08/2014 @ 07:01
Source : UK Regulatory (RNS & others)
Stock : UK Comm Prop (UKCM)
Quote : 81.0 0.0 (0.00%) @ 05:00
HOME » LSE » LSE » UK Comm Prop share price

To: Company Announcements
Date: 29th August 2014
Company: UK Commercial Property Trust Limited
Subject: Directors Dealings


Pursuant to Listing Rule DTR 3.1.2R, UK Commercial Property Trust Limited
announces that the following beneficial holding of ordinary shares was acquired
by Mr Kenneth McCullagh, a Director of the Company, on 28th August 2014.

40,000 ordinary shares at 80.5p representing 0.0031% of the Company's issued
share capital.

Mr Kenneth McCullagh is the beneficial holder of a total of 40,000 ordinary
shares representing 0.0031% of the Company's issued share capital.


All enquiries:

The Company Secretary
Northern Trust International Fund Administration Services (Guernsey) Limited
PO Box 255
Trafalgar Court
Les Banques
St Peter Port
Guernsey
GY1 3QL

Tel : [phone]
Fax : [phone]

[dr biotech] 24/6/2014 10:35

I have both SLI and UKCM. I know this one is reducing the yield but hopefully it will mean more growth in the NAV. It will be interesting to compare them in a few years. SLI are raising money by issuing more shares to grow their business. They could have done this (more slowly) by reducing the yield. I don't really have an issue with either method.