Triple Pnt Soc Share Price (SOHO)

Good to see Edison's latest report. Just shows how undervalued SOHO is currently at 50% of NAV and a dividend already at around 9.3% and set to be increased this year. Looking good.

Ex-dividend today. I will be reinvesting the money in new shares when it is paid on the 29th March.

70p here we come!

Average true range is, 1.64, and equity spread is, 1.839. The ATR, represents the average equity movement over 14 days. It makes sense , when calculating a stop level, to ensure that normal daily movement, such as the spread does not activate the stop order. A multiple of the ATR, from the most recent sp, is advisable , example 2 x ATR, or 3x ATR. The RSI(Relative strength index), it provides decent, timed trend signals, currently above 50(trending up). If the RSI, falls, below 50, sell, but re-enter, if returns above 50, within a few days.

2 of 2

.....for the foreseeable future.

The key to the investment case here, is the legislative requirement for SOHO's provision, and the shortage of such. A requirement which surmounts any govt fiscal restraints in wider housing provision. The index linking of the rent roll is key, the property valuations (beyond LTV convents which they are nowhere near) is almost an irrelevant distracting sideshow.

A tremendous long term income yielding stock - and that rate beast that actually enriches society and not just shareholders like me.