Member Info for rylidan

Surely they would have totalled the votes before the 10.15 shareholder meeting, and added in votes from attendees?

Someone must know by now.

Apologies if I've read you wrong. Anyway, looks like the funds are stopping playing across the two shares as we move to the API shareholder vote tomorrow. I believe its a win win for shareholders in both companies, and as interest rates fall we should see a re-rate back to NAV.

REIT discounts to NAV are very much linked to GILT rates. Will take quite a while for rates to fall back to their previous lows, where REITs commanded a premium to NAV.

Have accumulated a good holding in a number of REITs at these relatively high interest rates, as I believe they offer a great long term income.

Obviously just my view, as no one knows for sure that interest rates will definitely fall soon.

I guess as long as this gets approved Wednesday, that CREI will enter the FTSE 250 at tge next assessment. That will attract more institutional buyers. Something we're lacking as too small and listed on AIM.

My opinion is that there are algos running here that are taking this down. Loads of A trades day after day. I also suspect the culprit. Still hold here and buy when I think they overplay the position. Definitely getting into top up territory for me. May see what the next report brings first as this will probably be taken down again regardless.

The company needs to focus on profit first, and improving EPS. Think AB was a great visionary, however, not sure about current chair and CEO. Still to prove themselves IMO.

I still believe this company could emerge stronger from the SDL integration.

Totally agree with the API BoD assessment. I guess if you're a day trader or are short here you'd like the CREI merger to get rejected. Luckily only shareholders get a vote :)

Considering the challenges over the dry season, that was quite a year. I think their Brent forecast is rather conservative at $77, and they are allowing for another really bad dry season.

I'm happy!

Looks like blackrock have been shorting this and going long with a derivative on API to cover. They pocket the difference when the sale goes through. Guess they don't really care about the price short term as essentially long on both API and CREI.

From your posts FRAX, I assume you a shorter instead of an investor. I can't remember ever posting or worrying about investments after I sell them. Or you're wanting to buy in here at the lowest possible price. Same difference.

Very happy with that outcome. The combined portfolio will be far stronger than the sum of the parts. Should all be done by Easter.

GLA

Also looking forward to the update tomorrow. Last year, we received 8c in dividends. Reckon with futures oil prices as they are for this FY, I reckon a total return of 9c to 10c is possible / likely. The trading range has been 42p to 50p, so that should also bump up, 48p to 60p as a conservative estimate perhaps?

Looking good.

GLA

Also Brent futures contract to FY end remain above $82 for whole year. Average for remainder of year over $84.

Now $87. Would be good to consolidate around here.

Still no dividend from HL. Disappointing.

Brent above $86. Update this week. All looking good IMHO

GLA

I wouldn't exactly call it junk, but the costs of winding down and selling are an unknown process with potentially high costs in percentage terms. SHED don't think there's any profit in it, and their costs would be lower with a fully working team.

I also have no interest in owning SHED with lower returns and paid twice a year.

Cheers Metis. I suspected ii may be one of the fastest and also appears to be one of the cheapest to trade. Going to open an account when the new tax year starts.

Anyone got theirs yet? Thinking of putting some funds elsewhere, so a speedy payer would be good. Recommendations welcome. Thinking ii maybe good?

Google says we're listed in Frankfurt as SER1, but I can't see that in the company's investor page. Is this correct? Seems to track Petrotal share price like other markets

Agreed Jaxon. I now hold around 60% CREI to 40% API as there is still risk that the deal won't complete. Its been quite a profitable time trading between the two. There have been some mad movements. The end game is close though. We should find API getting closer to the .78 of a CREI share. How close depends on how much risk in the deal people see IMHO.

Just found some cash so I could reinvest my dividend now instead of Monday. Just have a feeling we may move up considerably soon.