Member Info for Gerry557

Yes quite a drop for a steady eddie. The good news is that the yield is rising. I suspect it might have more to go

CLI is CLS Holdings, part Reit.

I decided to cancel the limit order and press the actual buy button instead. Scared to miss out but just realised its ex divi. So win some loose some.

Wouldn't let me into to today's presentation either. Hopefully they will send a recording.

I wasn't sure if the managers change in costs message was a rise or a fall. I wish there was some context to explain but I suppose I can dig up the old information and work it out.

Hopefully the dividends will compensate whilst we wait.

NAV 352p in the tender, so nearly 50% discount or am I missing something

Well I have added another limit order here but it looks like its getting further away from a buy as the day gone on.

I have also topped up CLI and SREI both on large discounts. I might have also sold some CLI as part of the tender offer but wont know until my account is updated how much I will be scaled back. So probably bought back the ones Ive sold.

I will probably look back in hindsight and wished I just pressed the buy button at the time and not done the limit.

Fingers crossed for a bit more of a drop

Im not sure how many of mine will be sold until they show up in the account. I dont have the discount figures to hand but the SP has dropped possibly making worth a buy. The divi yield was poor compared to some REITs but is looking more respectable.

The one thing I did like was this paid out on my weaker months. Anyway as I will be retaining at least some of my holding, I have decided to add more. Hopefully there will be more tenders in the future although I'm not sure why they didn't do buybacks. Maybe they have seen me moan on here about not liking buybacks.

They never seem to be done at the right time but in this case Im buying so it must be good for them too!

Hopefully the next set of figures will look a bit better or are we happy things do look much worse

With the large discount, high yield paid quarterly. I have decided to add more. The last lot I bought are under water by approx 13% so this should even out the average a bit.

I assume interest rate rises, utility bills and inflation are dragging this down somewhat. I dont know how much bad news is priced in or how much further there is to go. Hopefully some extra dividends going forward will help.

I have been reinvesting some dividends. It was a toss up between these or SREI. The latter has the bigger discount but has been topped up.

So I obtained some of these today. The monthly dividends are handy. Do we need to be in before st ledgers day?

Wow above 10% dividend yield now on the buy price. REITs generally have been hit hard. I assume utilities and recession fears are to blame.

Anyway I ve got some dividends to reinvest so some have gone here and I have a limit order on EPIC.

Im not sure how much further they are likely to fall, some support at 64p maybe.

So it was over subscribed. I'm a bit shocked to be honest. The metrics on the remaining shares should look better now and the SP has been pushed up not great if like me you were looking to aquire more.

I suspect that trading will be reduced even more. I can believe that there were so many low numbers share trades. Just need a divi bump now.

After a bit more thought, my figures don't account for any dividends paid out. HLN was nil to date but there have been quite a few over the years for GSK.

Ill try putting in old GSK numbers v GSK demerged + HLN

Just noticed that my HLN shares are showing a bigger increase % wise than GSK. I assume using the split figures were equal on the day, I will have to check.

I might have to add some bits to my spreadsheet to highlight the benefits' or not of the split. It should be the same for everyone

It will be interesting to hear what they have to say tomorrow. I suspect it will be good news generally.

Personally I'm in the accumulative phase so dont want to sell but rather buy more. I haven't identified another home for the money either. I suppose it depends on if you need the money, what your avg buy price is and thoughts about the future. Will the SP re-fall will the dividend grow faster!!!!

Personally it would be in my interests if you sold or at least some others do as it makes the remaining company metrics much better.

RogueRiver, just need LLOY to restart or even just start its quarterly dividends. Maybe another for 2023.

There were others in a similar boat. REITs stopped dividends in covid times now paying over 10% yield on buy prices and hopefully going to rise back up to pre covid levels too.

"50% of share price sounds like an acceptable dividend."

Except the SP would fall by 50% too! Still acceptable ?

Hi Seaking1, thanks for your thoughts. Personally I wouldn't say paying off the debt will be "easy" but will be happy to be proven wrong.

I suppose we will get to hear about the dividend soon, I think it was to be 11p for 2023. I want the divi so let's hope for some balance.

As for getting bigger, I wondered what they thought they could add to their stable but expected a period of consolidation first and to see the cash start to come in. Won't they be paying GSK fees until the hln only earning kick in.

I'm keeping my current holdings awaiting the first update or two.

Google finance does this regularly with EPICs disappearing and it normally gets fixed in a day or two.

I think the demerger has affected GSK this time as its gone on a little longer than normal although I cant see why as GSK is still the same. I thought it would be HLN that was missing. I wonder if a coder has mistakenly thought HLN was a swap rather than an extra from GSK's demerger.

Hi Seaking1, would you care to share on your thoughts and or reasons why.

Debt levels, low yield and overly confident growth predictions are my cons.

As for pros, takeover or buyout potential maybe and Dave Lewis. I'm holding the free ones currently and sat on the fence