RE: Recent pattern24 Aug 2020 21:41
Sure, sure. Never heard of intu? Or the disaster of hmso? The management of both turned down billions in takeover bids in the last two years ....and here we are, one completely bust and the other doing a last resort rights issue before they abandon ship.
The mkt does not like these non dividend payment reits and we dont know where next. Meanwhile Stockopedia rates this very lowly indeed despite the liquidity position.
This is very much a gamble on a vaccine.....I hope this can survive and raise cash by sales and I like the mix.....but I hope no one has all their capital invested here. Plenty of pensions have been wiped by the above two reits.....hardly the idea when both were put forward as "safe"