We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Value And Indexed Property Income Trust Plc | LSE:VIP | London | Ordinary Share | GB0008484718 | ORD 10P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 188.50 | 2,673 | 10:00:58 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 181.00 | 188.00 | ||||
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Investment Advice | -2.55M | -7.7M | -0.1813 | -10.40 | 80.07M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 11:01:05 | O | 26 | 187.65 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 27/11/2024 | 17:17 | ALNC |  EARNINGS: Shearwater interim loss widens; essensys annual loss narrows |
| 26/11/2024 | 11:29 | UK RNS | Value and Indexed Prop Inc Tst PLC Half-year Report - Replacement |
| 26/11/2024 | 07:00 | UK RNS | Value and Indexed Prop Inc Tst PLC Half-year Report |
| 25/11/2024 | 17:14 | UK RNS | Value and Indexed Prop Inc Tst PLC Transaction in Own Shares |
| 25/11/2024 | 07:00 | UK RNS | Value and Indexed Prop Inc Tst PLC Transaction in Own Shares |
| 19/11/2024 | 17:19 | UK RNS | Value and Indexed Prop Inc Tst PLC Transaction in Own Shares |
| 18/11/2024 | 16:57 | UK RNS | Value and Indexed Prop Inc Tst PLC Transaction in Own Shares |
| 18/11/2024 | 07:00 | UK RNS | Value and Indexed Prop Inc Tst PLC Transaction in Own Shares |
| 14/11/2024 | 17:05 | UK RNS | Value and Indexed Prop Inc Tst PLC Transaction in Own Shares |
| 12/11/2024 | 17:49 | UK RNS | Value and Indexed Prop Inc Tst PLC Transaction in Own Shares |
Value And Indexed Proper... (VIP) Share Charts1 Year Value And Indexed Proper... Chart |
|
1 Month Value And Indexed Proper... Chart |
Intraday Value And Indexed Proper... Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 26/10/2024 | 14:55 | Value and Indexed Property Income Trust PLC | 102 |
| 18/7/2018 | 13:48 | Vipera | 2,109 |
| 02/9/2013 | 11:42 | VIP financial services - growth in 2014 | - |
| 01/5/2009 | 11:38 | Vistaprint - VPrewards SCAM! | 6 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 11:01:06 | 187.65 | 26 | 48.79 | O |
| 10:45:05 | 187.65 | 2,647 | 4,967.10 | O |
| 2024-12-02 17:15:00 | 196.76 | 42,451 | 83,526.88 | O |
| 2024-12-02 15:15:42 | 186.00 | 190 | 353.40 | AT |
| 2024-12-02 13:31:42 | 189.00 | 741 | 1,400.49 | AT |
| Top Posts |
|---|
Posted at 03/12/2024 08:20 by Value And Indexed Proper... Daily Update Value And Indexed Property Income Trust Plc is listed in the Investment Advice sector of the London Stock Exchange with ticker VIP. The last closing price for Value And Indexed Proper... was 188.50p.Value And Indexed Proper... currently has 42,476,147 shares in issue. The market capitalisation of Value And Indexed Proper... is £80,067,537. Value And Indexed Proper... has a price to earnings ratio (PE ratio) of -10.40. This morning VIP shares opened at - |
Posted at 24/10/2024 11:02 by fabius1 Perhaps they believe there is a chance the price might fall, not that I am suggesting the broker/market maker has any influence on that, of course. |
Posted at 24/10/2024 08:21 by citytilidie That buyback didn’t last too long. I’m not sure why you would pay a Broker to transact the purchases on your behalf and then stop after just after 1 week. If the NAVis currently £2.40 compared to the current price of £1.85 it seems silly not to buy back as many as possible. |
Posted at 17/10/2024 08:56 by citytilidie VIP are finally continuing their share buyback, which will hopefully go on for a few months yet before they allow shareholders to redeem some/all of their shares at NAV in 18 months time. The broker involved with the buyback looks to be slowly raising the share price trying to attract sellers. As few people seem to be selling , this could easily move up in the coming weeks. Plus it gives a yield of over 6.5%. |
Posted at 12/6/2024 09:02 by citytilidie Interesting comment in todays update. The 2026 AGM is to allow a vote to exit VIP at NAV less a few pence in costs. NAV is currently £2.40 compared to the current price of £1.80. This discount is likely to close sharply over the next 2 years on the back of this. Worth the patience, as you also get a 6% yield in the meantime. |
Posted at 03/4/2024 14:28 by ygor705 Topvest.... I agree with your thought process here. In my view, VIP is a well diversified, high yielding tiddler which could easily get swallowed up by a bigger property fish if interest rates and sentiment starts to turn. I note that buybacks have dried up over the last couple of weeks so management are clearly being canny about how many they buy and when. The only thing that disappoints me here is share price performance! |
Posted at 03/4/2024 09:03 by topvest I've added a few more. Rationale for me is a possible £2 floor on net asset value and an 8% dividend yield whilst you wait. Asset base is high quality and probably conservatively valued. There is the promise of an exit at just below NAV in a couple of years time. Relative cost base is high, but property management skills are top class.Just a thought, but there is always the chance this trust could roll-over into SAINTS at some point given they have a property portfolio also managed by OLIM. What happens when the current major holder retires or wants an exit is the key question for both SAINTS and VIP, I suppose. |
Posted at 02/4/2024 12:34 by jellypbean Portfolio valued at a net initial yield of 6.6% vs SUPR on 5.8% (311223). Is the valuation of VIP more conservative, or does the type of property / lease justify the difference.I've noticed this in some of the infra trusts too; 3IN is valued using at a substantially higher discount rate than many if the others. Is the UK commercial property market functioning 'properly' yet, or do we still have instutes such as DB funds selling for regulatory reasons (in favour on bonds etc). |
Posted at 02/4/2024 09:57 by spectoacc "...Index-related income". Hope the others adopt similar wording, but really - the latest acquisitions are capped at 3% pa, collared at 2% pa, at a time when we've just had 11%. Either there's an heroic belief in the BoE hitting a consistent 2%, or the different between 2% and 3% barely qualifies even as "-related".VIP's problem is surely its scale - £73m market cap, at a time when even larger ITs are getting abandoned by wealth managers. They've bought at 7.8%, sold at 7.5%, but agree the purchases are much better than the sales. "VIP has no empty properties and no offices. 29% of the portfolio is in supermarkets, 28% is in warehouses/industria The average interest rate payable on VIP's debt is 4.0% (93% fixed), with an average maturity of 6.9 years and a 36% Loan to Value ratio." If I was going to quibble, I'd say that for all the good dealing/lack of voids/strong tenants/fake inflation linkage, they're still seeing valuation declines and failing to outperform the index. And that any IT with low debt cost is going to eventually hit a bump as debt costs ratchet up - ZIRP is over. Income rises at the same time, but EPS may not. They're not expensive - but are they the best property pick out there currently? |
Posted at 31/8/2023 15:48 by jellypbean There was some chat on here last year regarding VIPs holding of CTPT, and having to sell it at a loss (CTPTs shares went to a discount, but then so did VIPs, and they were then able to buy VIP shares back to some extentLooking back, this related to the debentures, which they bought back early in mid 2022. Having the debentures meant they needed to have some equity holdings, which they could only dispose of when debentures were paid off. It's in the 2022 half year report. Anyway, I did have some CTPT back then (sold after the London Metric offer), and have a decent chunk of VIP as a core holding. Half wondering if there would be any (tax) advantages for VIP to convert to a REIT, I don't think it is one currently? |
Posted at 22/3/2018 07:19 by johnma VIPERA PLC Statement regarding a Possible Offer The Boards of Directors of Vipera plc ("Vipera") and Sella Open Fintech Platform S.p.A. ("SOFP") announce that following recent discussions, SOFP is contemplating making an offer for the entire issued and to be issued ordinary share capital of Vipera (the "Possible Offer"). The Boards of Directors of Vipera and SOFP would like to emphasise that at this stage there can be no assurances that such an offer will be made. Vipera shareholders are strongly advised to take no action at this moment.As a consequence of this announcement, an 'offer period' has commenced in respect of Vipera in accordance with the Code.SOFP has been formed by Banca Sella Holding S.p.A. to act as the holding company of its new innovative fintech business, of which Vipera is intended to form an important part. In addition to the proposed acquisitions of Vipera and a private Italian financial software company, which has developed supply chain finance software and systems, certain businesses and assets are being transferred to SOFP by other Gruppo Sella companies.SOFP's objective is to become a leading provider for fintechs. It intends to integrate parts of the operations of the businesses it is acquiring to create an open platform and provide services to be used by banks and financial service companies outside Gruppo Sella, as well as its own clients.Gruppo Sella is a family owned banking and financial services group with a deep-rooted history of welcoming innovation and embracing technological change.The new platform requires the aggregation of a range of skills to provide 'Banking as a Platform' and 'Platform as a Service' linking businesses and banks to deliver a range of fintech services including e-payment solutions, merchant services and supply chain finance. This open banking solution helps banks to satisfy their Payment Services Directive 2 compliance obligations. Vipera's management and knowhow, which includes expertise in mobile payments, card control, coupon and loyalty programmes, digital wallets and fraud detection, are expected to make an important contribution to SOFP's ongoing business.Banca Sella Holding S.p.A., which has been working together with Vipera on the development of new fintech services for several months, holds 40 million Vipera ordinary shares representing approximately 12.5 per cent. of its issued ordinary share capital. It is anticipated that the Possible Offer, if made, would be for cash consideration at a price of 7.5p per Vipera ordinary share ("Vipera Share"). This values the whole of the issued ordinary share capital of Vipera at £24.03 million and represents a premium of 20 per cent. to the mid-market price of a Vipera Share at close of business on 21 March 2018 (6.25p).It is proposed that subject to certain approvals, certain members of Vipera's management team would exchange all or part of their holdings of Vipera Shares for shares in SOFP (the "Management Share Exchange"). Vipera shareholders who are not members of Vipera's management team will not be offered the opportunity to exchange all or part of their Vipera Shares for shares in SOFP.The expected participants in the Management Share Exchange hold approximately 146 million Vipera Shares representing about 45.5% of Vipera's issued ordinary share capital. Under the proposed terms of the Management Share Exchange, the participants are expected receive 0.01676 new SOFP shares for every Vipera Share held in respect of approximately 75 per cent. of their holdings of Vipera Shares and SOFP expects them to accept the Possible Offer in respect of the remainder. The participants in the Management Share Exchange and other subscribers for new SOFP shares are expected to sign a SOFP shareholders agreement subject to (and upon) the Possible Offer becoming unconditional. It is anticipated that the SOFP shareholders agreement, which is being drafted and has not yet been agreed, will contain minority shareholder protections and non-competition restrictions and will provide that the new SOFP shares held by directors/employees will be acquired for reduced consideration if the holder is dismissed from employment with SOFP for 'just cause' (such as competing with SOFP Group). The SOFP shareholders' agreement is also expected to provide for a lock-in period during which sales of SOFP shares are restricted and to provide for the parties to co-operate following its expiry to procure a realisation opportunity such as a public flotation or the sale of SOFP shares (to Banca Sella Holding S.p.A. or a third party) at fair value.If the Possible Offer was to be made at a price of 7.5p per Vipera Share and the Management Share Exchange was proposed on the terms shown above, the independent directors of Vipera, as so advised by London Bridge Capital Partners LLP, expect to recommend Vipera shareholders to accept the Proposed Offer and vote in favour of the Management Share Exchange. In giving advice to the independent directors of Vipera, London Bridge Capital Partners LLP has had regard to their commercial assessments.If an offer is made, Vipera Shares will be acquired by SOFP fully paid, or credited as fully paid, and free from all liens, equities, charges, equitable interests, encumbrances, rights of pre-emptions and other third party rights and/or interests of any nature whatsoever and together with all rights attaching to them, now and in the future, including voting rights and the right to receive and retain all dividends, interests and other distributions (if any) declared made or paid after the date of this announcement. SOFP retains the right to reduce the offer consideration by the amount of any dividend (or other distribution) which is paid or becomes payable by Vipera to its shareholders, unless, and to the extent that, Vipera Shareholders are entitled to receive and retain all or part of a specified dividend (or other distribution) in addition to the offer consideration; and if SOFP exercises the right to reduce the offer consideration by all or part of the amount of a dividend (or other distribution) that has not been paid, Vipera Shareholders will be entitled to receive and retain that dividend (or other distribution). As Vipera has a deficit of distributable reserves, no dividends are anticipated for the foreseeable future.In accordance with Rule 2.6(a) of the Code, SOFP must, by not later than 5.00 p.m. on 19 April 2018, either announce a firm intention to make an offer for Vipera in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline will only be extended with the consent of the Panel on Takeovers and Mergers (the "Takeover Panel") in accordance with Rule 2.6(c) of the Code.The relevant deadline will cease to apply to SOFP if another offeror announces, prior to the relevant deadline, a firm intention to make an offer for Vipera. In such circumstances, SOFP will be required to clarify its intentions in accordance with Rule 2.6(d) of the Code.The attention of shareholders is drawn to the disclosure requirements of Rule 8 of the Code, which are summarised below.A further announcement will be made as and when appropriate.Rule 2.9 of the CodeIn accordance with Rule 2.9 of the Code, Vipera confirms that, as of the date of the announcement, it has in issue 320,429,725 ordinary shares of 1 pence each. The International Securities Identification Number of the ordinary shares is GB00B5M62J37. In addition, Vipera has 13,310,735 deferred shares of 24p each ("Deferred Shares") also still in issue which are non-voting and are of negligible value. If is not expected that an offer will be made by SOFP to the holders of Deferred Shares. For further in |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
