Member Info for Gerry557

Thanks Rouge for the article. I have just acquired my first lot this morning after being on the watch list for a while. The plan is to get a better "feel" for the share and watch it a bit more intently. Then if there are any more dips probably add a few more whilst collecting those dividends along the way.

Sorry if my buy is the cause of the dips mentioned above. Sods Law says it might.

The dividend is offering nearly 1% per month just for holding them. I added on the same day but decided to just hang on.

REITs have taken a bit of a bashing after interest rates rose. I'm expecting a bit of same old same old. There might be a reduction in the NAV as property prices reduce but that should be factored in mainly now anyway.

Trading seemed to be inline so hopefully things won't be too bad.

No problems Lurka. It was only out of interest. Generally I find tips in papers often come too late but in this case our timing was more in sync. I wonder if they tipped it last Oct when the SP was 118p

It's time not timing. This should offer over 70p in the next 10 years. Hopefully growing with each year.

Thanks Amirkat. It ties with my conformation bias obviously after adding more. It's funny they are now on discount, it been a while on a small premium. Actually the yield is slightly higher than UKW which is also a bit unusual.

I wonder if the drop will continue towards the 118s. I'm hoping so but was hedging my bets now just in case it doesn't fall that far.

We are also approaching new tax season so I wonder if we will see an upward blip as isas get topped up before and after that date

Do you have a link or an edited short version as I don't subscribe. Ta

So I take it there are an aggregate of 552,459 Ordinary Shares to be bought on 31st March at a price of TBD then???

This is a bit strange

I'm not sure what going on either. I assume the leavy is paying it part and the drop in gas prices being added to increases in interest rates. I speed read the results this morning and decided to add a few more on this dip.

They do tend to be a bit bond like so maybe when things take a turn these will show a bit of an uptick. Hopefully more income come June onwards but my overall average is moving up.

Much prefer buying on 6%+ yields but I have some dividends that need a home and Mr Market has been a bit too smiley recently.

Slowly rebuying those that were sold previously. Maybe inflation might give them a kick but I suppose that will be a double edged sword. Its close to a support line so might kick up from here or I might buy another lot if it falls through.

Im looking at a corporate action to purchase some of my shares at a price to be determined on 31st Mar. Is this unusual for this share? I can understand why they may wish to buy back 20% of their shares but I would like to know the price before hand not write a blank cheque.

Im unlikely to sell

There are lots of mixed messages coming out. Now there are calls to reduce the tax increases to stimulate the economy, the opposite of the BoE effect.

Now it's looking like going back towards more Liz Truss but the markets now know about it so its all good. Even the IMF were on a changed tune after saying Dissy Lissy was totally wrong now she was less wrong.

Still its not done much for the SP but might help the rent keep coming in.

I was waiting for the usual early spring drop to add a few more and maybe aided by Mr Market having a bit of a wobble.

Unfortunately my expected post Christmas dip in the markets hasn't appeared yet. In fact it's been doing quite well. So not great for buying.

Haven't got further than the headlines so need to look more closely at the underlying case. A new captain might stear the company in a better direction too.

Thanks for the various articles, some I didn't see as I didn't/won't sign up.

It's interesting seeing the performance of the different aspects of retail, warehouse and office. They used to have a mix but now some are moving into just one camp. I'm not sure who is right but as I have two REITS that are moving in opposite directions, I'll still end up balanced!

Yes it looks priced in for bad times so baring a worst case scenario things might be OK. The divi cover is nice to have although a figure of x1 is probably normal.

I also hold Epic which is holding cash hoping to buy on a discount which should then mean the divi is covered once invested so not overly worried about the lack of cover there.

Yes things have moved in the right direction. I was beginning to think it was just going to keep selling itself.

I'm still not in the green yet but when you add the dividends in its starting to look OK. I could do with a period of stability then the occasional dip. I suspect that the ex divi date might add a tad bit of support along with some changes in China

silverknight, yes the sentiment does seem to be that way. I suspect that rates wont go as high as many suspect and that there is time to adjust to compensate for the increases which hasn't been taken into account. Hopefully the recession wont be as bad as many expect. It seems the worst case is expected.

Still it looks like its on a downward day again today although the market is generally on the up today but likely to finish slightly lower this week but the markets have been on a tear this year.

Hard up, that was my plan a while back but it hasn't panned out that way. Hopefully you have a better starting point than me.

On the bright side a little flurry at end on day puts me in credit for this batch after being underwater earlier.

The discount is 40% ish so some of the expected bad news should be priced in and if it doesn't materialise......

Well having sold a REIT and having cash doing nothing I have recycled some more in here. What with a nearly 12% yield and close to lows it should help my average (cos thats been working so well here, Not!)

Anyway I glad that its sticking to form and this latest tranche is already underwater. Still its about the longer term and waiting for that turnaround or just to keep collecting dividends.

I hope it turns before my pockets are empty

Well I think I have been scared out of my holding. Loosing REIT status and a potential buy out on the cheap doesn't look great for PIs

So it's taken a bit longer that initially planned but I'm all out. Pity as I liked the story and the family holding to begin with.

We've had some ups and downs along the way and really I wanted to increase my holding not sell. Still now I'm out the SP will rise

I'll apologise now to you all, I've bought in today so if it falls off a cliff it will be my fault.

Probably need to catch up on past events but I'm mainly after some income and being monthly it might add something different to my PF

Well my average was much lower but was still suffering. This latest batch has helped and has done well in the short time I've held it.

If it is able to maintain the divi then great but it is a risk with the direct line read across and expectations for the economy this year.

To be honest Mr Market has been good this year and I was expecting much worse and not planning to buy anything for a while.

Things might turn for the worse I suppose.