Member Info for Gerry557

With a dividend Declaration date due for 21st, Im hoping that there will be an improvement in what is announced. The current yield is a lowly 2.6%. based on the x2 1.75p payments. Previously the NAV was reported at 286 so currently the price is at a substantial discount. They started a buy back program, understandingly, although I'm generally against companies doing this as they often do it at market highs like PNN. Here it being done only if they are accretive on a per-share net asset value basis.

Currently the price is below the buyback pricing so I have added a few more with the expectation that trading and dividends will improve. Car parks should be reopen and the retail side open. I suspect the dividend rise Im expecting might be held a little longer if the buyback has more time to run but should be good for next year. Pre pandemic divis were 11p.

Hopefully adding before the crowds come back

HL charge for shares separately to funds so the ISA cap can be £90. Plus any managers charges for the fund. Some fund managers even have a performance charge too just in case paying them to do a good job isn't enough.

Oops the price going the wrong way now, I was hoping it would continue to drop.

I was with HL but they were very expensive. There are much cheaper providers depending on the size of your PF and how you trade.

Might wait a bit longer and see what happens price wise but 8% compounded can't be sniffed at.

Nice to see rent collection improvements to 99%

There is an increase in voids but I would expect that to improve in time also. Added to the deal to buy all those extra property things looking up.

LTV just under 40% just outside there range. This is probably my main concern and I would be OK if they allowed it to drift lower or moved the range downward. Still if things are moving forward more gearing is good.

I have a high percentage of these in the PF and think the price might get back to pre pandemic levels. Not sure if I should add a few more or events will mean I hold too much anyway. Nice problems to have.

High 3's ..... looks like to going high 2's

Then again what's that saying "Buy low, sell ........ They need a dividend version! Buy low and collect the dividends

Selling for a few pennies worked out much quicker then I expected

Sorry for the missing "k"

Avg £12.67

Looking back at the charts it took a covid dip. Pre this it seems 340 - 380 range. Not a gradual rise on the 5 year chart just bouncing between.

Buy the dips for the income. Probably good for reinvesting divis to improve overall income and increase the PF totals

.... Is complete, well the first phase. 4.7m bought but they didn't mention the average price paid.

Maybe they are meting them so often to get more help out of them? Sound like more of a political story as there is no context just blind assumptions

I was hoping that there was a blip and things would be picking up. I downloaded a spreadsheet with holding and worked out the percentage profits and losses. The Vietnamese holding were +30%. Don't mention Indonesian shares. Perhaps that's behind the blip.

"best way to react to extra tax,make more IMO!" - Or stick it in a tax shelter but Im happy for you to pay more tax :)

I think we should be due another report soon but Im not sure how long after the period it takes to get produced. No dates on the lase one just the period it covers!

It might answer a few questions

Im not sure if I should wait until the drop early next year of dabble now. I suppose I can wait longer and hope it comes my way or look back at missed opportunities.

Costs of £5m (2 August 2020: £nil, 31 January 2021: £nil) represent fees incurred in the period relating to the proposed takeover of the Group.

That's an expensive offer!

James, LSE having all sorts of tech problems recently. In fact the site was down for a while too. I see directors deals currently not working so maybe they are still working through so issues.

The following might help when LSE is broken :-
https://investegate.co.uk/Index.aspx?searchtype=3&words=hfel

Mixed messages going on. Some bad actual metrics being reported but good underlying messages that this is temp and will get better.

No divi announced although to be expected with an offer on the table. Still looking like these will be ripped from our hands so maybe not much point looking too closely. If two buyers see so much potential why cant share holders.

Profit set to increase, debt set to fall and free cash flow increasing and progress looking good ahead. What's not to like in the years ahead but some will see the bid shining bigger and brighter, well for 5 minutes anyway.

Hi ade2a

I don't think I have anything further to add but I was happy with the situation anyway. As you can already see I've moved onto the Vietnamese fund buying and why they bought into another fund rather than individual shares. I assume it was the 20% discount.

Bilb, I thought about buying some just to sell for a few pennies but you are likely to get that from divis in a year anyway.

The wind not blowing and the sun not shining enough as we have started our coal fired lecky again. I wonder if this translates into lower earning for Trig or just a blip.

I looked a bit more into the Rns about the holdings in VOF. I wonder if this is an opportunistic buy as the discount is quite large and its taken a down turn on the back of covid. If temporary, this should be a good investment and wondering if I should have a small bite of the apple. I wouldn't have even considered this and maybe I should just let Hfel buy and sell it for me.

Longtimeinvestor, thanks for the correction. I did mean the premium has reduced.

Jamesmaggs, I hadn't notice the stamp or lack of. Evert bit helps