Member Info for dripfeeder

At these depressed levels I'm expecting the BoD to buy back more shares given the yield relative to the cost of borrowing.

Me too perhaps, I tend to dripfeed as per my user name suggest but will look at the premium and Z score on morningstar tomorrow to get a feel for premium / discount positioning . As a general rule any REITS (regardless of sector) where there is a level of variable or non hedged borrowings have and will continue to be adversley impacted as inflation (and therfore interest rate ) expectations harden give how the NPV of future rental / income streams will be lower. As long as you believe in the REIT, its management team and understand the market it operates in, then I think drip feeding is the only really sensible strategy during volatile / bear type markets. Good luck !

Hi All,
Drop due to Peel Hunt downgrade:
https://citywire.com/investment-trust-insider/news/exposed-supermarket-income-slides-on-peel-hunt-downgrade/a2391246

Thanks.

I wonder if taking DLG back into a private company is also on the agenda should the SP stay soft regardless of how well profit and divs perform? Just a thought.

Agree with both responses to my original feed and only passing on what Paul Bridge at CIM said to me when I contacted him. Suspect they want to respond to each SF point unequivocally and are working with their advisors on this. Also noted the re-purchase activity announced on RNS. In addition, I too bought a few more for yield purposes when the price dropped yesterday but still only hold a very small amount as part of my overall PF. Let's see when the response comes through which I am guessing will be sometime early next week.

Just spoke to Paul Bridge at CIM and he and the management team are fully aware of the various posts on BB sites and the sources of posts. Said they will be putting out an RNS but not rushing to do it as they want to provide a strong and clearly positioned rebuttal statement in response to to the issues raised. For transparency, I have a very small shareholding in CSH so no gain from ramping / de-ramping SP but will be interested to see how this plays out and how MMs manage market pricing.