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Share Price Information for Ground Rents (GRIO)


Share Price: 104.75Bid: 103.50Ask: 106.00Change: 0.00 (0.00%)No Movement on Ground Rents
Spread: 2.50Spread as %: 2.42%Open: 104.75High: 104.75Low: 103.50Yesterday’s Close: 104.75

Ground Rents Income Fund Plc Ord 50P

Ground Rents is part of the Investment Companies sector






Share Price SpacerPrice
104.75
Share Price SpacerBid
103.50
Share Price SpacerAsk
106.00
Share Price SpacerChange
0%0.00
Share Price SpacerVolume
67,596
Share Price SpacerOpen
104.75
Share Price SpacerHigh
104.75
Share Price SpacerLow
103.50
Share Price SpacerClose
104.75
Share Price SpacerCurrency
GBX


Currency Issue Country Shares in Issue Market Capitalisation Market Size
GBX GB 96.71m £101.31m 2,000

52 Week High 117.75 52 Week High Date 22-MAR-2018
52 Week Low 98.00 52 Week Low Date 26-JUL-2018

# Trades Vol. Sold Vol. Bought PE Ratio Earnings Dividend Yield
5 12,490 106 0.000 0.00 0.00 0.00


London South East Users info for Ground Rents




Date
Time
Trade Prc
Volume
Buy/Sell
Bid
Ask
Value
 

15-Feb-19
13:45:59
105.50
115,000
Buy* 
103.50
106.00
121.33k
Trade Type:
Ordinary
Delayed publication

15-Feb-19
13:54:24
104.50
55,000
Sell* 
103.50
106.00
57.48k
Trade Type:
Ordinary
Delayed publication

15-Feb-19
14:43:58
104.00
5,310
Sell* 
103.50
106.00
5,522
Trade Type:
Ordinary




View more Ground Rents trades >>

Directors Deals for Ground Rents (GRIO)
Trade DateActionNotifierPriceCurrencyAmountHolding
There is currently no Directors Deals information for Ground Rents
View more Ground Rents directors dealings >>


MattTheBrave
Posts: 2,739
Opinion:No Opinion
Price:111.25
Nice recovery here...
8 Nov '18
...in recent weeks. Looks like the Govt has realized that changing the commercial terms agreed between two parties in good faith is an infringement of human rights. Expect this to keep drifting upwards.
MattTheBrave
Posts: 2,739
Opinion:No Opinion
Price:115.50
RE: Leasehold reform
23 Jan '18
Thanks stt1. The significant part of the article is this:

"The price payable by a homeowner for the freehold of their house, or to extend their lease, is already governed by legislation which sets out a statutory formula that determines the price payable � for example, the price payable to buy the freehold of a house is regulated by the 1967 Leasehold Reform Act," Charlton said. "If a homeowner considers that the price being demanded is excessive, it can challenge the cost in the FTT."

The wording of the government's response implied that it would amend the current legislation, which has been criticised as being "complicated, costly and time consuming", Charlton said.

"If this is the case, it will need to consider the impact of such changes carefully," she said. "For example, ground rent portfolios have been an attractive long-term secure investment for pension funds, other institutional investors and the public sector alike."

"Changes to the current statutory formulae and/or processes will almost certainly impact on the value of existing residential ground rent portfolios, even if they are ring-fenced and are not affected by the changes to the law. This is because this asset class may no longer be seen as an attractive and secure investment," she said."

However, as the GRIO price is already down 20%, I think that this is already very much in the price. Index-linked gilts currently yield minus 2% (real). This Fund yields plus 4% real. Pretty attractive IMHO.
stt1
Posts: 1,371
Opinion:No Opinion
Price:115.00
Leasehold reform
11 Jan '18
Ban on 'almost all' new leasehold houses in England to have retrospective effect, says government

https://www.out-law.com/en/articles/2018/january/ban-on-almost-all-new-leasehold-houses-in-england-to-have-retrospective-effect-says-government/
MattTheBrave
Posts: 2,739
Opinion:No Opinion
Price:120.25
Anyone out there!!
21 Nov '17
First to post - lovely!
Basically I think the world is in a difficult place, with risks biased to the downside whilst markets are at all time highs. Ground rents are extremely secure inflation linked investments, which are currently under a cloud due to recent press about exorbitant increases which has caused a 20% fall here. So, 10% discount to NAV, with inflation linked cash flows, all paid out to investors, equivalent to about 4% currently on an annual basis. I'm planning to build up a decent position here. I suspect in 5 years time, I will still probably be the only poster here, but let's see!!
Patexd
Posts: 1,050
Opinion:No Opinion
Price:132.00
Expensive
10 Nov '16
One you missed at 100p. Nice to buy if there is a real scare!
View more share chat for Ground Rents (GRIO) >>







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