Member Info for TerryM1

After checking the discount at over 21% after rate drop bought a few more.

As we known interest rates in UK have gone down from 5.25% to 5%, this has lowered GBP/USD to 1.276 (now) increasing of YCA NAV in GBP.

As we known interest rates in UK have gone down from 5.25% to 5%, this has lowered GBP/USD to 1.276 (now) increasing the price of DEC UK shares against US shares. I have bought some around £12.67 hopping for a rise as LSE and NY price synchronise, may come unstuck if NY falls too much today but you have got to be in it to win it.

"We need a big push on the BB"

And change of broker.

One thing they are good at with BBs is buying at high prices so perhaps the good thing is they are only buying tiny amounts. They manged to BB at £13 yesterday which was only available for a very short time, musk quicker than me, if I could have got in the small window of £13 I would have sold some.

Post market (UK) now looks good, a little up on the opening price.

Post market (UK) looks bad.

From

https://finance.yahoo.com/news/3-uk-stocks-estimated-undervalued-070215994.html

Supermarket Income REIT

Overview: Supermarket Income REIT plc (LSE: SUPR) is a real estate investment trust focused on investing in grocery properties essential to the UK's food supply chain, with a market cap of £930.94 million.

Operations: Supermarket Income REIT generates its revenue from real estate investment, amounting to £106.29 million.

Estimated Discount To Fair Value: 13.1%

Supermarket Income REIT recently completed a £170 million refinancing, enhancing its financial stability. Trading at £0.75, it is undervalued compared to its estimated fair value of £0.86. Despite an unstable dividend track record, earnings are expected to grow significantly at 90.24% annually over the next three years, outpacing the UK market's growth rate. However, debt coverage by operating cash flow remains a concern despite improved liquidity from recent debt restructuring and acquisitions.

Yesterday was an interesting day, DEC LSE SP rose to NY close by NY opening, now not dragging NY down so NY not having to play catch up at opening and went up until close, as usual LSE followed until LSE close. Although good news this was on a day when LSE and NY indexes went up a lot however DEC beat the NY indexes, shows what happens when LSE not dragging them down.

I wanted to take advantage of this but my trading pot was already fully invested in DEC. However I sold half my DEC trading pot at small profit just before LSE close, feeling quite lucky as after 2 dubious buys before the fall below £12. Still one buy in small loss at LSE close price but hoping to get out on Monday if SP holds up.

After using my trading pot up on DEC I had a few opportunities to take a small loss as SP was on the way down but did not do this as was reluctant to take the loss even thought it looked like the best option, could have pick up the shares a lot lower. This is a lesson I need to learn (and known it for a time), as is said your first loss is the best loss.

The profits from my trading DEC are very welcome but need a great deal more to break even on my overall DEC loses but every little helps, reluctant to commit more funds to trading in case I mess up as already in a big hole with DEC. Just perhaps with a lot of luck trading and a fare tailwind one day I might break even with DEC, this is against the rest of my portfolio which is in profit and would be a decent profit if not for DEC.

Spot up a small amount Numerco 8175/83.00 and mining shares prices seems to be stabilising so just perhaps we have hit the bottom.

"The board of directors don't get more fees if company gets bigger the asset managers do.

Stupid to not know that."

Perhaps I worded this wrong and said fees not cash but are telling me that the BOD would be paid the same money if they run a large company rather than a smaller one, seems hard to believe. Not saying this would take immediate effect but good reason for pay increase.

Since I am so stupid and you know so much perhaps you may be able to explain why it is more accreditive to buy more property that you own shares when yield over 8% and discount around 18%.

The question for me is will the shareholders be better off if SUPR was buying it's own shares which will save 8% pa and rising on dividend increases and in effect buying your own properties at 18% discount instead of the French purchase, looks to me Buy Back are the best use of cash at present. Of course this will not happen as the BOD want to expand SUPR so they can get more fees.

Tazed

I don't think the LSE price means that much, the NY price seems to be driving the SP.

Blackrock slightly increased it's total position from from 9.03% to 9.06%, shares up from 6.13% to 6.3%, financial Instrument which include CFDs down from 2.9% to 2.76%.

PJT12

I think you talking a load of Balls

I will try again

https://helpcentre.t-r-a-d-i-n-g-2-1-2.com/hc/en-us/articles/11014383832861-Get-interest-on-shares

As you know remove -

i assume you are referring to lending of shares,

https://helpcentre.**************/hc/en-us/articles/11014383832861-get-interest-on-shares

https://www.interactivebrokers.com/en/pricing/stock-yield-enhancement-program.php

"I know you cant borrow shares for shorting from nominee accounts"

212 and IB allow you to lend shares for shorting then you get payments when taken up.

Jim, Tazed

Agree with both of you, HH and interest rate cut are our best hope and without something like an asset sale we are stuck in a low range.

However Tazed this may be peanuts for Blackrock as a whole but 10% (my guess) on over 8% of DEC pa is not small amount especially for doing very little and not taking much of a risk, will pay a few bonuses and it is these type of transactions played out many times makes Blackrock successful.

For those with a some spare $s take a look at Tellurian, (AMEX:TELL), I bought some yesterday at $94 with dividends I got from DEC and other companies paying dividends in $s.

They are the subject of a takeover from Woodside at $1 cash, they are selling up due to not having enough money for their LPG terminal and other things. Takeover looks likely to go ahead as they are in trouble with lack of funds, Directors approved the deal and SP rose 75% on the news so current shareholders should be happy. If all goes will $1 for 94c by Christmas.

https://www.marketwatch.com/story/tellurian-shares-rise-on-900-mln-takeover-deal-5dc837a9

As always DYOR.

https://www.marketwatch.com/story/tellurian-shares-rise-on-900-mln-takeover-deal-5dc837a9

Tazed

If my guess about Blackrock is correct (who knows) then they are getting a huge yield with shorter fees and dividends, way above the COF so why would they want that to change it to try to get a one off capital gain which will probably happen anyway in the future, until then just keep taking the profits and building their position as shorts rise. We would hope Blackrock will put pressure on DEC to increase the SP but they may be more than happy with the current situation. They may have bought/increased DEC position as it is heavily shorted, high dividend and safe company to take advantage of lending the shares knowing sooner or later they will get their money back, perhaps more with huge income in the mean time, I don't know what they will get lending the shares lets say 10% after COF which is covered but the dividends. Perhaps they will play this game until DEC delists from LSE as this perhaps part of the picture of shorting is lack of confidence in the UK market.

Money for nothing and your gains for free.