Member Info for tacly

See https://quoteddata.com/research/civitas-social-housing-fundamentals-remain-strong-qd/

After watching the SP for months, I bought some at last. At 80.4p, forward yield 7% and discount of 26% from NAV I just can't resist. The demand for these types pf social housing will always be there. IMHO, the SP and discount are overdone relative to peers.

17.80% from the Annual report and audited
financial statements for the financial year ended 30 November 2021 https://www.ishares.com/uk/individual/en/literature/annual-report/ishares-v-plc-annual-reports-2021.pdf page 191.

TOD and DM, you both right. Must be the heat that got to me today :-) I still think its the currency but have not got round to or bother to go into detail analysis. Topped up more today.

I agree with copperpb. I started buying ABDN for the first time in mid May and have been buying in small chunks ever since. My current average is 170p. The SP may still goes down when the BoE realise the peanut increase of 0.25% interest rate didn't make a scratch and will do another increase, or the colder weather comes in Autumn and Europe push up the demand on gas and oil. Then again the SP may go up if ABDN releases good Interim Results on 09-Aug-2022.

Thanks Etotheipi. I couldn't find that information in any of their publication. The annual report talks about rents indexed at CPI. The latest Q4 Factsheet: 31 March 2022 said a dividend target of 5.70 pence which is an increase pf 0.15p (2.7%) from the current dividend of 5.55p so the future yield is about 7% using the share price of 80.2p.

Its down to the exchange rate. Pound Sterling is not doing well against the US Dollar and most of emerging market currencies are loosely pegged to the Dollar. 9% yield now. Time to buy and hold, Not sell.

UK is not yet officially confirmed as in recession but things are not looking good. 1st QTR official GDP is up 0.8% but forecast for 2nd QTR and 3rd QTR is down so expect an official recession later this year. The recession is caused by high energy price just like the 70s but hopefully the interest rate won't be 9%-15% like the 70s or we will be doomed. I am going to average down yet again but will wait until the BoE announcement about interest rate later today.

Ex-Div date today but the fall is way below today's official NAV of NAV GBP 12.66.

Does anyone know how often is the rent review being carried out? If the rent is tied to CPI or RPI, will an increase of 8%-10% not lead to massive problem for the tenants unless it is capped?

SP heading towards 167p, lowest since 2009 but might be even lower when The Fed Reserve increases rate tomorrow. Dividend yield is now around 8.6%. Not looking good!

Dividend announced today - see https://www.investegate.co.uk/ishares-v-plc/rns/dividend-declaration/202206090700051958O/ . Dividend is USD 0.4438 --> GBP 0.35.

Ex-Div date is 16/06/22, payment date is 29/06/22. Not sure about the amount.

Added some more today at £13.20. Today's official NAV GBP 13.05. Ex-Div date is middle of June. Last year's June dividend was GBP 0.3615. Not sure what this year's June dividend is going to be.

"The redemption of the B Shares will be treated as a disposal of the B Shares for the purposes of CGT."

The above statement is from page 28 of the Return of capital Circular downloadable from here https://www.aviva.com/investors/circular/ . I will check MrMath's formular for calculating CGT and will post here if it is not correct.

Added some more at £13.22. Today's NAV is GBP 13.18. ishares.com shows a 12m Trailing Yield of 9.13% with P/E Ratio of 3.51. High dividend and high risk.

A $1.7B market cap is NASDAQ giving HCM management a slap in the face. Minus $1B cash and minus $0.7B for Shanghai Hutchison Pharmaceuticals, we think you are worthless!

Overall OK result. Don't forget Aviva made most of its profits from its UK & Ireland Life business which the result says sales have gone up 2%. So I expect the SP to go up at least 2% also.

See Circular which can be downloaded from Aviva website https://www.aviva.com/investors/circular/ :

Page 6-7:

by Thursday 19 May 2022 - Despatch of payments and CREST accounts credited in respect of
proceeds, if B Shares redeemed on 17 May

by Tuesday 31 May 2022 - Despatch of payments and CREST accounts credited in respect of
proceeds from sale of fractional entitlements arising as a result of the
Share Consolidation

by

I topped up yesterday at 781p thinking I was pretty smart buying at the year's lowest! Currently sitting on -14.5%.

Seriously! Heading towards 9% dividend!