Member Info for SD235

Terrym1

That's painful. I would be down that far as I did own years ago but sold for a insignificant profit. I only decided to buy back in when I noticed the share price fall.

My advice.... sorry haven't got any. I suspect I would sit it out in the same circumstances.

PS have SUPR excellent choice.

FeckhamHall

Don't be so negative. It's the stockmarket, shares are bought and sold by people who are driven by sentiment. Not facts or reality. This will take a while to sort itself out. I am down 4.5% . I am being paid to wait for reality to send the share price in the right direction.

Don't panic

Night night say hello to the wife, does she still like it where it hurts ‽

Wahahahaha

With the pension I have I don't need to work.

Anyway we were on about your Cancer problems. I was talking to a Hindu bloke and he was on about something called "generational karma".

Basically you pay for past generations behaviour. So that would explain your mother but you have still to pay.

More importantly he looked at your posts and he reckons on the same basis your offsprings will also get cancer but a type that will cause the greatest pain.

Anyway just thought I would let you know could just be mumbo jumbo.

Also it wasn't just the home REIT saga Civitas was shorted. There was multiple claims only one was correct the directors sold properties to the company without telling the market.

Home REIT will soon be gone but rent arrears will take longer to be dealt with and then forgotten.

Still we are being paid handsomely to wait!!

And again

113.76 was the NAV at 31/12/23 (audited)

The NAV at 31/3/24 was 114.15 (unaudited)

Just checked again NAV 114.15p

As it happens 30% was what I made on Civitas. I think!

I don't see them coming back for more...or do I.

First thought coming into my mind is always competition authority but I have no idea what percentage they own now of accommodation for the disabled.

Interest rates are going down my guess is they will fall to 3/3.5%. present dividends are sufficient to see a rise in share price. But I still don't believe it will get to NAV

Best to think that way!!

I think there is a fair chance it will be Gresham house and the fees will be based on both the nav and the share price.

I hope!

No doubt the rest of your family will be praying for you to go next.

Anyway you never said wherever "papa" took over where your mother left offffff

I wouldn't jibe me I just despise snobs. Did your mother wrists give in ? Did your father take over? Was it your father all along?

What did she die off? Other than disappointment!

I held Civitas I made a very good profit BUT took it out at no where near NAV. Not even close.

"that sales achieved have been in line with valuations" I take It you mean the sale of the properties?

Selling off a few properties doesn't prove the valuation you need sell lot more than that.

Hopefully if they do then they will use it for buybacks.

I think it WILL result in change in management as they should have seen that the two housing association were run by incompetents

The fitch rating

"The outlook has been revised from stable to negative to reflect prolonged rent arrears from two Registered Providers, and the risk that the independent review of the investment management arrangements could result in a change of investment manager. Fitch note that the Group's arrears have not been detrimental to the Group's credit metrics, and that they intend to resolve the negative outlook upon resolution of these arrears (which may include the completion of a transfer of leases, as is currently being progressed by the investment manager), as well as understanding the outcome of the Group's independent review of the investment management arrangements."

Arhhhhhhhh

"Do you could be right as in they have updated it."

Should read so you could be right as they may not have updated it

"take into account the increase in yeild" of bonds in particular government bonds which IS where the discount rate comes from.

I am using the headline rate on Hargreaves Lansdowne. Do you could be right as in they have updated it.

In reference to the discount rate REITs Infrastructure are bond proxy's and they take into account the increase in yeild and that is where the discount comes from. They also have to take into account inflation and it's positive effects on rent increases.

Nobrain

Did your mummy wipe her hand on your trousers!?

CarpeDiem1

With SUPR such low risk (based on past performance) I expect it to go to a premium first and from there start to expand by selling shares at a premium.

The only thing holding them back at the moment is the extreme discounts available.