Member Info for Gerry557

To be fair Ade2a, they was no evidence to support you claims and apart from suggesting it was so, you didn't provide anything to support it either.

Now it has been confirmed and there are some numbers to look at. You also highlighted so concerns over a couple of the bigger holdings.

Longtime, I took it as meaning they intend to keep increasing the dividend and are willing to use the reserve when needed on occasion.

It also leaves you in a quandary if your tax shelter is fully subscribed as you can not add any more funds ti take part with out doing some musical investments. I would also add they are usually oversubscribed so be careful if you request extra shares then the allowance.

If you are lucky, sometimes the SP falls below the offer price anyway so it might be worth keeping one eye on this for a moth or so. Mr Market might help drag it down too.

Hi all. Just taken a first toe in the water with these. Mainly on the dip in price. I now need to try and catch up with events and do a bit more research but should be spending a bit more time in here.

I need to spend more time reading them but getting mixed messages in first quick look. Dividend now not covered and supplemented by reserves and seem to imply this might continue. So is that divi rises to continue even if it needs some support. Long term it will fail short term it might work. Still, divis wont be rising "as much" as the reserves will need refilling at some point.

They also seem to be saying that capital growth side of things isnt an issue because investors still want to buy shares knowing that there is no growth or am I reading that wrong?

So income needs to rise faster than the dividend and I need to check the figures to see how much the short fall is. Hopefully
ade2a has his spreadsheet up and running as he was quite up on that issue.

Now need to see if I should add more

This has fallen to the offer price and latest update resulted in a 10% drop. Im not sure why its been hit so hard. Greater expectations maybe or just hitting the bottom of everything forecast. People here were saying liquidnet was sliced bread but maybe its just teething problems getting it intrigued. Obviously I need to do some more reading but I have added some in the hope that its a temporary issue and things will improve.

".... the UK is a smallcap country with no EU relartionship to protect its interests ..."

Temple, if you read some papers its the EU we need protection from! It might make overseas income slightly better though

The buybacks didn't amount to much and I'm not sure why they have stopped or paused. I think it was more the drop in income rather than the loan levels being the issue. Lots of REITs have LTV of 40% although lower would be better.

I'm not sure they want to take it private or could afford it. I liked the fact they had a controlling interest and skin in the game. Hopefully this will drive them to do long term interest than short term gains.

So it is being (forcibly) sold for me and there were very few "No votes!."

My No's didnt count for much then. Im still not convinced this is good news but alas I will (have to) move on.

So some extra cash to invest somewhere. First world problems I suppose.

"i may be wrong but isn't there 2 pence dividend to add on ?"

You re wrong, soz

waylow, you can vote against. I will but it is unlikely to succeed sadly

Interestingly these fell below the 124 placing price.

Is it time to make a few more pennies?

Old, Well you have a couple of days before the buyback restarts and yes Im still watching.

Day, still low yielding IMV the oil price helping other divis (that were cut).

Maybe I should panic buy a tanker or twos worth of petrol as I was too busy getting toilet rolls and pasta

So the price has gone sub £12 and I wonder if it will finish the day below.

This was very high but now just high so going back on the watch list. Yield still quite low but at least its a tad safer than Ever grande atm. I'll have to check to see how the buyback has faired, autocorrect said failed haha.

james, only had a quick skeg of JAGI's monthly factsheet. Looks like its on a dip and discount. Good increases in divi over the last 5 years. Might have to have a bit more reading to do on this as it looks like it might have potential.

Not sure if JP were more exposed to Evergrande. Charges look normal so it might be a good starting point

Hi richred_uk
Normally the rate is fixed by this announcement based on the previous fx rates during last 7 days etc as its due to be paid soon. Hence the question about approx dividends. I suspect they got this announcement wrong or the numbers dont round.

Still in £ terms its slightly more than when announced back in 2nd Aug

Can you do approximate dividends ? Can they not do a fixed guaranteed price. From the RNS :-

Accordingly, the cash dividend payable on 30 September 2021 will be:
US$0.07 per share;
approximately HK$0.545077 per share; or
approximately £0.051203 per share.

Hi ade2a

To be honest I wasn't aware of the ore prices and wasn't following it. It doesn't bode well if it continues but I'm not hot to trot on how they make their money but suspect this isn't good for them or us. Hopefully there might be an offset, cheaper Tonka toys for Christmas.

SP taking a knock again along with the Chinese Markets.

I suppose this is "as expected", office and industrials good and retail still suffering slightly. The Cheadle, Stanley Green Trading Estate £8m investment looks interesting if it comes off.

A slight improvement in rent collection overall but I don't know how that will play when it comes to dividends but we will find out in November. I suspect the covid news at that time might play on the thinking. Will winter lead to another spike and lockdowns? Hopefully things will be better this time around.

Etotheipi, from memory over 2/3rd are fixed loans and some of the variable is a revolving facility so could be reduced. I suspect that debt levels are under constant review and when rises occur steps will be taken. I suppose it depends on the pace of the rises. You would expect them to cope with an additional 1% or so over time

I note RIO, one of this funds bigger holdings announced its UK dividend rate today.

Good news and with a special. Hopefully Ade2a can add this to his spreadsheet and update us on his findings.

Zac, you don't have to invest for income but I find having some helps now and again especially if you have used up your ISA allowance. If something comes up you have funds available.