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To provide shareholders with an attractive level of income together with the potential for capital growth from investing in a diversified portfolio of commercial real estate properties in the UK.
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timst, this is because it is a diversified REIT, unlike REITS like UKCM which are overweight warehousing. Pensioncraft explain it well: https://www.youtube.com/watch?v=SktFmV0f9dI
odd that the share price has only recently taken a dive, it has held up well this year compared with other REITs. Any reason for this?
It seems not. Anybody with experience studying this reit that could help? I am exploring different reits to make a little portfolio, but I find it very difficult to discern which ones are well governed and which aren’t…
Thanks in advance
busy board?
Seems very strange that, with all that has been happening, that no one has anything to say ... but all the more for me.
A special 5th. Interim dividend. That puts Custodian on my list of companies who actually care about their shareholders. It's a short list !
A decent rise in the share price since the covid slump. This is well managed REIT with prudent gearing. I'll continue to hold.
There is a detailed report by Cliff Weight on Custodian Reit who attended our London seminar on the 13th September, which can be found in our members area here: hTTps://www.sharesoc.org/members-area/ ShareSoc full members can download Stockopedia reports, presentations from all of the companies that presented at this seminar, and this report from Cliff Weight on proceedings from our members area To access the report, you'll need to be a full member of ShareSoc, which is a not-for-profit organisation that supports individual shareholders and campaigns for shareholder rights. If you're not already a member you can join here: hTTps://www.sharesoc.org/membership/ Once you've joined, you'll receive an invitation to register for our "members network" private social network, from where you'll be able to access the report (and reports on 100s of other meetings). If you're already a member and have any difficulty accessing the report, please do not hesitate to contact us here: hTTps://www.sharesoc.org/contact-us/
Custodian Reit present at our London growth company seminar coming up on the 13th September https://www.sharesoc.org/events/sharesoc-growth-company-seminar-london-13-september-2017/ It may be of interest to potential investors and current shareholders. There will be a chance to ask questions and is a great opportunity to network with fellow investors at the event.
Hi Doze, Have a look at VOF now..... Still heavily into CREI (love the yield).
I wasn't suggesting that they weren't allowed to issue more shares at below market price just that it is very frustrating (for this existing holder at least). Hopefully they will stop once they hit that 168M figure. Have to be careful about what one says on public forums but I 'm sure we can all think why management might want to double value of properties owned. Halving running costs would be nice but I for one wouldn't bet on it. No problem with being stalked - but wouldn't recommend that you follow any of my decisions. If I buy it's usually a good signal to sell and vice versa. I only bought VOF fairly recently - so far I'm happy.
The company market cap has doubled in size in two years, presumably halving running costs this has been done in accordance with the IPO rns --- " The Company has made arrangements under which the Board has discretion to issue pursuant to the Placing Programme up to 168,010,690 Ordinary Shares. The Placing Programme is intended to be flexible and may have a number of closing dates in order to provide the Company with the ability to issue Ordinary Shares over a period of time. The Placing Programme is intended to satisfy market demand for the Ordinary Shares and to raise further money for investment in accordance with the Company's investment policy. " http://www.lse.co.uk/share-regulatory-news.asp?shareprice=CREI&ArticleCode=1tps3f70&ArticleHeadline=Result_of_Placing_and_Admission_of_Shares VOF crept up a bit today Laughton, it has been a much worse investment for you than this share but both have good upside I would think. Sorry to stalk you but wanted to see your profile a bit!
Oh dear - SP hits 108.50 to buy so they go and issue another load of equity at 106.50
They must have been offered deals which the BODS think are worth diluting for and playing a longer game Very much a steady play here a bit like Hansteen but less industrial.Plenty of grey hair upstairs to keep a steady hand on the rudder Yet to buy but definitely on my safe play list
sain@vision - be interested to know your thoughts on their continuing issue of new equity at below market price. OK - I can see that it helps to make the company bigger and therefore more likely to interest institutions and the shares more liquid but what about the existing holders? Yes, the dividend is nice but a little bit of continuing share price gain helps too. Recent purchases don't seem to be generating all that high a yield - not much more than the shares.
Their strategy seems to be seeking institutional type properties perhaps with shorter leases with £7.5m as their price ceiling. I guess that at this price levels £3./7.5m level they have more choice as the majority are too bigtaking into account shortness of leases for a small private investor but too small for the institutions to get out of their office for hopefully picking up abit of yield to compensate exposure to risk is reduced by the individual lot sizes and hope to increase value by lease extensions etc . Quick scan of the properties where some of them are known to me in previous lives nothing very exciting but nothing wrong either Pretty dull but sometimes dull is goodt
Ah - welcome sain@vision. I was feeling very lonely here.
Good home for anybody seeking a "safe"place for a slice of the commercial property market Portfolio pretty dry more institutionally orientated than your standard propertyy fare which will have more occupants on shorter leases Having said that good regional mix and a very safe hands on as Chairman David Hunter has sbeen buying this sortt of product for nearly 40 years prevoius roles at Scot Am and Aberdeen
Oh dear! Yet more shares issued and moreshare price destruction for existing holders. But as I seem to be the only one on here I guess I'm preaching to the converted.
How is this share price going to go up if the company keeps on issuing more shares at below the BID price. I, for one, will definitely be attending next AGM and voting against issue of more shares.
Not sure I like this continual issue of more and more shares. If there's institutional demand let them buy shares in the market thereby lifting the price for those who already hold.