Member Info for mrmork

Yup, another fall today down to 54p. Has to be a buy once US bonds have bottomed out.

So the pound is slowly going up, the budget could cause UK Bonds to go up further increasing the pound more. This will devalue the NAV as it's in euros and the assets are in Europe.

However, lower rates in the EU will mean cheaper finance and greater capital growth and the prospect over getting a sale price above nav. They expect to update update us before the end of the year, hopefully there is something positive.

Down 10% today :/

Not sure, but looks like buying a few more at 27p wasn't so wise!

So looking at the trading volumes and i'll be the first to admit i'm not 100% sure how some of the trading works as a lot of off market, however when I looked at around 1400 there was just some small trades, I check now and there's a whole load 'unknown' trades trading 50000+ shares a time.

So i checked actual LSE site says the volume was over 14million on 218 trades. I downloaded them, which only shows 214 trades and 2.7m volume. Multiple trades of 30k and 50k a time, with two 250k volume trades at 1343.

- Where are the other 4 trades and 12million volume,

- Who's buying them...

With no news, we can only speculate that someone is hoovering them up in a future takeover attempt, which was my reason for buying.

Something like that certainly can't hurt, up at 27p at the mo which is a huge jump for the day, lots of small buys with only a couple of sells.

It's been going up since the latest earnings report a few weeks ago

Fairly sure they said they're 100% hedged on an earnings call

Good point, I had made a note to look up the elections and the risk. I was wondering why it's fallen so much esp going in to a good div, might be one to sell but it looks like the business is solid and the economy is growing.

Same thoughts here. I think the current 61p is a good time to get in for those with cash on the side. I think it'll be a good share to own for the next few years.

Yup, high volume today and up 8%. Can soley be based on the bild article?

Morning,

So there's an AGM where you'll have the opportunity to vote out the board, i'm not sure they've represented value for money for most investors.

What about the nav and share price. The Nav was 56.4p prior to the raise, but following the raise and dilution of the stock, it could be between 18p and 24p, (not sure what numbers they'll consider for the NAV).

The SP is currently 14p

There will be a 10:1 consolidation, resulting in:

- 210p Nav (taking a midpoint from above)

- 140p SP

- 2.2p quarterly div (I assume the div annoucment in the RNS is quaterly

- 6.3% Annual yeild

The Yeild is now middle of the road but perhaps more sustainable. I've also seen discussion of properties being sold, I assume this will go to paydown debt and invest in the remaining properties.

Will the SP close in the NAV with the better finances?

I'm somewhat annoyed at this, but shouldn't be surprised. Why wait until the last minute? We have to effectly double our exisisting holding to avoid getting dilutted.

I've had the following come through:

Regional REIT Limited has announced details of an open offer. Your account will be credited with a number of entitlements which can be exercised at a fixed price, with no dealing charges, to receive additional shares in the company.

Your account will be credited with 15 basic entitlement shares for every 7 ordinary shares you hold as of the ex-entitlement date, 27 June 2024. These entitlement shares are expected to be credited to your account on or around 28 June 2024 and this will form your basic entitlement, which will not be subject to scaling back.

Each entitlement share can be exercised at a price of GBP0.10 in order for you to receive 1 new ordinary share.

To view the announcement in full, please copy and paste the following link into your web browser:

https://www.londonstockexchange.com/news-article/RGL/underwritten-ps110-5m-capital-raise-notice-of-egm/16539340

A separate event will be created to allow you to input your elections to subscribe for new shares.

My thoughts too. It seemed that they had interested parties for the majority of the estate, so big chucks could be sold off nice and quick. With the Euro interest rates possibly going down today, i'd expect a good return from here.

First message on these boards, so hellow all!

I sold out the moment I heard the election. Labour have expressed concerns around drax burning wood pellets. The Drax power plant subsidies are due to end 2027 iirc and they were in the late stages of getting an extention through beyond 2030 when the election was called. Drax have sucessfully diverserfied away from the core power station, however the plant and the subsidies sill make up a huge amount of revenue, so if labour were not to renew them it would take a severe hit to the bottom line. This was my reason for selling, shame as I was realy positive following the last results+presentation.

If the subsidies got extended then i'd be a buy.