Member Info for rylidan

Agreed, and I topped up Friday on the back of the director buys recently. I prefer not to average up, but I should have invested a bit more when I started buying!

Ex divi week normally strong for the share price. By the time I get mine (Monday), I'm normally topping up at a higher price!

I believe 98% covered in Q3, but fully covered for year to date - which is how I remember the presentation. Then they are also forecasting being fully covered for full year. Some exceptional costs in Q3.

I particularly like the 2.75% fixed debt for around 10 years, covering 100% of borrowings. Obviously lower interest rates may help NAV, but it's really rent that is most important now. Growing at 6.5% is solid.

Some risks in the sector, but feel they are well blown out of proportion here.

I also added this morning, but not as much spare cash as some here!

GLA

Nice presentation. Went through the benefits of the API acquisition. Looks like positive shareprice reaction from holders.

Don't be quite so sure shorts will close. They have been selling here and pumping up Netflix. They will wait until volume drops before making their move IMO at the highest price possible. After the half year, which was OK, they waited until 74p ish, low volume and then took it down, increasing their shorts. There was a lot of euphoria before that just like now. Sentiment here gets crushed far too easily.

Just my opinion. We could easily hit 80p before they move. It will be interesting how the buyback will counter them.

Oops meant "dont often!

I have a suspicion that MMs are short of stock and need to cover some large orders. Currently you can sell 100k+ in one block, at a paltry 43.5p. They often give quotes for large trades.

Has been lagging share prices in other markets for some time. Canada closed at 44.7p, the US at 44.5p, frankfurt (?) At 47p right now

Unlucky. Must be time to sell and miss the recovery.

Dividend now fully covered,and they expect cover to increase over the coming year.

A lot to read, but looks good to me.

Don't think I agree Damian.

When a shorter "loans out" a stock, and then sells, there is the short who has sold and the new buyer.

So, when the shorter closes, he buys off someone, who must sell. He then replaces his "loaned" stock.

It does add liquidity during the short though, as the "owner" has effectively allowed his stock to be sold. Without shorting it is unlikely the "owner" would sell. It is the scurge of the LSE, with "loadofmoney" Americans ripping off the British investor. One of the reasons the FTSE is in such a bad way IMO, with so many British companies undervalued.

Funds will take a view as to the relative merits of two companies, and fund their investment in one by selling another. The big US shares are pumped up in value by shorting UK stocks.

All IMHO

Tomorrow perhaps? Should be soon.

The shorts on here won't want to be adding liquidity for the company to buy back. They have been keeping this stock very liquid in order to keep the price down. They will need to dig very deep when the buy backs start to stop this moving up to fair value.

Again it's just my opinion, having watched many shorted stocks. Shorters provide volatility and generate opportunities for careful investors.

Buy backs are a more tax efficient way of returning capital. However Manolo said at the last presentation that they were limited to 10% of free float or around 28m shares per annum. So not sure if they can extend the buy back.

Personally happy with the top ups in dividend.

Nice RNS issued by CREI today.

As a shareholder in both companies (CREI & API), I fully concur with the statement made by the BoD. Nice one

Equivalent closing share prices in other markets on Friday

Canada 44.3p

US 45p

France 46.3p

Some interesting articles on oilprice.com

India struggling to secure cheap Russian Oil

Plus

The market is anxiously awaiting a decision from OPEC+ on the plan for Q2 2024. The group has yet to divulge a date when it will meet to discuss the issue with its members, although April is quickly approaching. OPEC+ will need to determine whether it will stay the course and extend the current voluntary production cuts into the second quarter, whether it will deepen the cuts, or whether it will scale them back or scrap the cuts altogether. Most industry watchers favor the first option, arguing that OPEC+ has no choice but to extend the current level of production cuts if it wants to keep prices from falling.

Tuesday’s price rise does provide OPEC+ with a bit of cover, although OPEC+ still insists it is not managing prices but managing supply based on market needs.

Through $84 for first time in a while.