Member Info for rylidan

EPS estimate of around £3 for full year, putting us on a forward PE of less than 5 by my calcs!

Seems like a good time to buy. Topped up at £14.45 and have left half my funds for a top up under £14 if it goes that low.

GLA

Can't see the tension reducing any time soon, sadly. We should be well over 40p with Brent at $78 IMO

GLA

Can't see it as a spike personally. With falling interest rates the 8% offered at £1.10 is an excellent long term buy IMO.

GLA first come first served when spongeBob sells out at 33p

From Trading Economics

"Brent crude oil futures gained some traction to trade above $74 per barrel on Thursday, the highest in over two weeks amid expectations of stronger global energy demand and higher risk premiums from rising tensions in the Middle East. The Fed delivered an aggressive 50bps rate cut, stimulating the outlook for fuel consumption in the US and major economies, in addition to providing some leeway for the PBoC to ease borrowing costs and support demand in the world’s top oil importer. In the meantime, reports indicated that Hezbollah radios exploded across southern Lebanon late Wednesday following similar pager blasts the day before, adding to concerns of warfare in the region and the inclusion of Iran in the conflict after Israel’s Defense Minister warned that the country entered a new phase in the war against its neighbors. In the meantime, markets are eyeing a looming supply increase from OPEC+."

Falling interest rates likely to stimulate more oil use in US. Oil price up again, so decided to do a cheeky top up at a bargain price!

Yield now also over 11% at base yield (despite falling dollar and wht at 15%). To me the base dividend looks solid as the company have already said they will reduce development if oil price falls back to $60 and the base dividend is safe. Mind you can't see that happening.

It's just like a game of musical chairs

We started with 1 chair

When the music stops everyone wanting to play chips in $$$$

Another chair is added

No one knows how long the game will last and how many chairs there will be at the end

No one playing wins

GLA you'll need it. I played a round, but I dropped out when my piggy bank was empty

The US cut interest rates by 0.5% yesterday, and stated they expect a number of further cuts this year.

That will pug pressure on the UK to reduce rates, but must admit I can't see the ultra cautious UK bankers worrying about growth like the US.

However, with Europe and the US cutting rates long term gilt rates are likely to fall again very soon. Our yield is heavily influenced by UK gilt rates, which strongly indicates to me that the share price is likely to rise towards 70p in the next week.

Just my opinion, but yields on all REITs are slowly falling in line with gilts, due to increasing share prices.

If you want income from UK REITs (like me), then it may be best to invest sooner rather than leave it!

Just my view of the trend. On a daily basis, who knows! I don't envy the day traders!

GLA

It's not just a nice dividend, but it's also progressive and is steadily increasing.

Was paying out between 5% and 5.4% steadily each year until interest rates hiked to 5.25%, when this went up to over 8%.

Interest rates are falling, and this 8% dividend is fully covered from earnings.

It's a nice steady investment helping to pay my pension! Could easily see the price of this going back to a premium over NAV, as it was.

GLA

You can get the information from here by expanding the main bar.

Or Google short tracker, you'll find another source.

The thing is this only shows shorts above 0.5%. I'm pretty convinced there's at least one more shorter below this disclosure threshold, but obviously can't confirm!

Secure and growing income

· 12% increase in annualised passing rent to £113.1 million, reflecting:

o 4% average like-for-like rental uplift

o Accretive acquisitions in the year

· 100% occupancy and 100% rent collection since IPO

o 75% of rental income from Tesco and Sainsbury's

· 4.4% increase in adjusted EPS to 6.08 pence driven by rental growth and accretive acquisitions

· Fully covered FY24 dividend

· FY25 target dividend increased to 6.12 pence per share

Looks like a great entry point to me ATM.

GLA

I disagree.

They paid for the SDL takeover two years ago with cash and created a lot of new shares. At the time the shares were £6 ish. Effectively they have rebought a chunk of those new shares at around £2.40. A bargain IMO.

This company has been hit by shorters. It's always been lightly traded, and the algorithms have driven us to an all time low PE.

Too low IMO, as there is now tremendous value right now. It's a cash machine, that is still making an excellent profit. True it's shrink a bit, but they have taken longer than expected to stabilise after the reorganisation. They are getting there and a return to growth in the December results would be fantastic.

I'm making the most of this dip, where I expect the shorters will try and exit and take their profits.

Let's see where this goes in the next year.

GLA

Also if we start growing again, the current dividend yield around 7.5%, which is a total steal IMO. The dividend has steadily increased for a number of years now, and is still around 2x (or just under) covered.

Yes, trading update expected 4th week in October and full year report 2nd week December. The last update was certainly encouraging. On a low PE mainly because we're not growing ATM. Hopefully that will change in the next report and our PE should re-rate.

Anyone received their dividend from HL yet? Was expecting it by now!

The dividend declaration is in USD. NOT Canadian dollars. Still haven't got mine though!

I don't believe energy prices should make much difference. This storage should be mainly fairly short term, where energy can be stored from renewable and discharged when needed. I would hope that the average time between storage and discharge of energy is relatively low. Storage is a key infrastructure component in the renewable energy solution.

RWS returned to growth in the last reported quarter (see last half year report). So I'd be quite unhappy with a £2.50 offer. Kept artificially low by the short opened up here IMO. Still, I'm happy with their short as given be a great price to average down.

GLA

Been held down by the shorters, who are now struggling to keep us this low IMO. Large UT at 77p which would not be surprised to see shorts trying to close out. May be difficult for them to keep us in the 70s. It's still just under 8% yield.