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Started: AceofClubs, 5 Jun 2024 08:38
Last post: AceofClubs, 5 Jun 2024 08:38
Real Estate has been a minefield over the past few years. This management has continued steady progress and not lost sight of the art of the possible. An excellent long term hold.
AceOfClubs
Started: bilboburgler, 3 Jun 2024 07:29
Last post: bilboburgler, 3 Jun 2024 07:29
NAV at 109,
loan facility at 4.6% is a bit frustrating
other than that, well done guys, a good base for my share holding
Started: AceofClubs, 27 Mar 2024 10:20
Last post: AceofClubs, 27 Mar 2024 10:20
More buying of property earning 10% and selling of property earning 5%. It is what this management is good at and they are level headed enough to stick to what works.
AceOfClubs
Started: AceofClubs, 31 Jan 2024 09:53
Last post: Kennymcg, 6 Feb 2024 12:39
Yup - heard back from Interactive. A reclaim of withholding tax will be made but they're only done annually, so yeah, not holding my breath, but not a problem really. Silverknight or others affected may want to drop them a note to ensure you're on their radar.
The bulk of the money paid out by SRE on the 25 January was not an equity dividend but a PID (Property Interest Distribution) taxable at source at 20% under HMRC rules. If you hold in a SIPP or ISA with a decent broker they will recover the tax for you, but it's a tiresome task, HMRC are hopelessly inefficient - so it will take some months.
AceOfClubs
Started: silverknight, 26 Jan 2024 18:29
Last post: silverknight, 26 Jan 2024 18:29
I'm also with II and hold mine in an ISA. Although the divi's been increased I've ended up with much less.
Started: silverknight, 26 Jan 2024 10:06
Last post: Kennymcg, 26 Jan 2024 12:27
Okay - so i think this is explained here:
https://www.sirius-real-estate.com/media/2203/shareholder-taxation-section.pdf
the 20% withholding tax definitely explains the gap. need to work out whether or not the fact that i hold it in my SIPP makes any difference. ..
Er ... yeah ... now that you mention it ... i got two payments, one of just under 2 cents per share and a second of just over 0.5 cents respectively. so got 2.5 and was expecting a total of 3? is that what you're seeing too? how odd. I use Interactive, which broker are you with?
Divi less than expected. Anyone else noticed it?
Hold recommendation in the Telegraph last week, (Questor).
Started: seen_it_done_it, 24 Nov 2023 10:13
Last post: seen_it_done_it, 24 Nov 2023 10:13
...so far so good.
Started: bbrinkw, 20 Nov 2023 13:38
Last post: bbrinkw, 20 Nov 2023 13:38
SRE new offer for share subscription closed the offer early today at 12:30.
A dividend of 0.030 was declared and to be paid on 24 January 2024 if registered at close off business 14 December 2023.
Dividend is a 11% increase on last year.
Started: creatureshare69, 24 Oct 2023 08:32
Last post: creatureshare69, 24 Oct 2023 08:32
Well done Sirius
Started: creatureshare69, 19 Sep 2023 07:39
Last post: creatureshare69, 19 Sep 2023 07:39
Higher interest rates will have little or no impact. They will pass any increased costs to their tenants or tighten the purse strings on any spending. They have done it before and will do it again.
Started: creatureshare69, 5 Jun 2023 07:26
Last post: bilboburgler, 14 Jul 2023 11:49
Well this seems to have stabalised. Interest rates at 4.25% are always going to be a dampner on a hgh leveraged business. However I'm not really sure why the company needs a float of cash at 123million when last year it only dealt in 45 million assets. I think better management of cash would be a better way of raising the overall share price.
News just gets better
Started: creatureshare69, 2 Jun 2023 14:02
Last post: creatureshare69, 2 Jun 2023 14:02
Why does nobody post on this share?
Started: creatureshare69, 1 Jun 2023 10:32
Last post: creatureshare69, 1 Jun 2023 10:32
Dividend cut off dates approaching
Started: creatureshare69, 21 May 2023 09:54
Last post: creatureshare69, 31 May 2023 07:19
Nice RNS. Significantly increased dividend expected
Declaration date 12 Jun 2023 (Mon)
Ex-div date 13 Jul 2023 (Thu)
Pay date 17 Aug 2023 (Thu)
Been researching this one since my last post. For me its a buy to hold with that sort of dividend on an 80p share. Lot of upside with this company in the future as well IMO.
Started: creatureshare69, 18 Apr 2023 08:41
Last post: creatureshare69, 19 Apr 2023 08:27
Appreciate your view. Thank you.
Looks only fair value at 80p. 20% discount to NAV is reasonable in the current macro climate. Not going back to £1.50 anytime soon. I regard this as one of the better managed property companies with some growth prospects and scope to increase the dividend. It has some very low interest rate loans locked in but they won't last forever. I have held for 10+ years.
AceofClubs
Anybody see a reason not to buy a chunk of this share?
Started: creatureshare69, 17 Apr 2023 18:21
Last post: creatureshare69, 17 Apr 2023 18:21
Strange there are so many trades and no movement. These were over £1.50 a year ago!
Started: bilboburgler, 20 Sep 2022 12:25
Last post: bilboburgler, 20 Sep 2022 12:25
The net asset value of this share is E1. You can buy it at 76p.
Started: silverknight, 18 Jun 2022 11:39
Last post: Tysonfury123, 24 Jun 2022 13:59
I’ve read the latest info from the company.. looks like it’s going well. Why the sudden drop in SP??
Unfairly marked down. This is a high quality operation with built in hedge against weakening £.
Started: Troajan, 12 Apr 2022 21:45
Last post: Troajan, 12 Apr 2022 21:45
Started: AceofClubs, 11 Apr 2022 08:57
Last post: AceofClubs, 11 Apr 2022 08:57
Why does a quality company like Sirius attract so little interest when so many 'cigar butt' companies attract a frenzy of interest?
Top notch management that just gets on with the job - a sleep soundly long term investment.
AceofClubs
Started: 321blackwell, 8 Nov 2021 22:34
Last post: seen_it_done_it, 12 Nov 2021 14:51
First day of trading for the new shares but no big drops. Should head north again soon when the profit takers are done.
Should have bought more yesterday......lol
I have subscribed to PB's offer and bought twice in the market today. I believe the up trend will continue. Let's hope it will rebound from tomorrow. Good luck to all holders.
Such a large event, a take over and substantial cash rise and not a single comment. Is everybody struck dumb. It seems a reasonable move to me
Started: seen_it_done_it, 10 Nov 2021 20:20
Last post: seen_it_done_it, 10 Nov 2021 20:20
.... that's just wonderful. Now I feel even more positive.