Member Info for CarpeDiem1

You are correct Tim. We are missing a Dec divi

Last div announcement was 1st Aug so next one 1st Feb, with ex.div date around 8th Feb.

Agree with Winnings.

The dividend is maintained, the company is working on a solution to My Space which accounts for 9p of NAV and this share is so deeply discounted to cover this default. One would like to see a resolution here but the property transfer to Westmoreland is now generating rent.

I cannot see reason to panic and many Reits have dropped back since the budget.

Continuing improvement so I can see the discount between sp and nav narrowing. Commercial property will have its day in the sun again!

Now that the tender money has come through the sp has drifted lower. Are the tender funds worth reinvesting at these levels?

Another 3% buyback announced. This should push the sp nearer to 140p. I am happy to continue holding these.

Nope, we willl be lucky to get back 50p in 3 years at this rate. Thinking of sucking it up and just getting out.

JP Morgan has just increased its short position (see shorts tab above)

Slow and steady improvement with a small rise in the fully covered dividend next year. Maybe this will get into the 90p's as well next year!

Another terrible nav update. Anyone who invests with Victory Park Capital needs their head examining...

5.46p div at todays 62p SP is 8.8% yield, more if you compound the divs....

Slow and steady is appreciated.

I hold all of those you mention SD235 plus AEWU and THRL. All of these are acting in the same way, i.e. incremental rises as interest rates begin to fall.

Just popped back to have a look, but I see the DFS is still a pipe dream. See ya'll next year then....

It was the stated aim last year to narrow the discount between share price and NAV, with buybacks. The discount has narrowed somewhat and cuts in interest rates will help further. Until that happens there won't be a cut in divi and perhaps profit will continue to rise thus avoiding a cut altogether. Of course we have no idea what sp the RECI board deems acceptable.

Overall I was happy with the report.

An 18.5% yield (according to LSE), potentially up to 2028, plus a share portfolio effectively valued at near zero by the market. The uncertainties around Fair Value surely baked into the share price now.

Looking at the share portfolio and valuing wefox at zero, has anyone got a view as to the realisation value of the rest of the portfolio?

Hasn't gone down too well with investors this morning. Top up opp tho.

Don't. I am still down 40%.

It does seem like a guaranteed gain here even if you discount the equity at zero. But the share price is falling so there is no incentive to buy just now.

HL can be slow.

Reinvest here, not on your nelly...