Member Info for TerryM1

"Good news will come soon I hope"

Don't we all but for me the good news will be profits or at the very least profits soon and the SP starting to recover, got too bigger lose in this company and it is time it gave me some of this back, jam tomorrow announcements do not cut it any more, seen far too many.

Fishinggardener

IMO the best low risk plays in the short to medium term are ITs/REITs being wound down or taken over, take a look at ASLI, ARES, ADIG, API (almost gone), BBGI(be gone soon), HEIT, GRIO, RESI. Been adding to all of these on dips except GRIO and looking to get into GRIO if/when it dips or good news. IMO these are all good companies but just too large discount to NAV, these are the ones I have been buying/adding to recently.

My largest holding in general are warehouse REITs but have INPP, SEQI, HICL, TRIG, SUPR, LMP, SHED, BBOX, AGR, PHP, SREI and UTG all trading well below NAV with good yields, some may get wound down which gives a good capital gain. BBOX looks interesting as it is planning new buildings specifically built for AI which gives higher returns than normal warehouses, I like SUPR my largest REIT investment for a good long term play in an area that is expanding but very few if any new sites being built with best quality tenants, if anything was to go wrong sitting on prime sites for new housing thought could have issues with debt refinancing in a few years it interest rates don’t fall much. INPP have been buying shares back to try to narrow discount to NAV, SREI is good because debit is long term at low interest rates, UTG is the lowest yield but could well be in a one of the best growing markets, student accommodation with the added value it can let to government for asylum seekers. I also like NRR a well managed company but in a bad sector may buy some at some point but not now.

We all know why these are cheap, interest rates, guilt’s yields etc but what is overlooked is LDIs which forced pension funds to sell off assets to cover their liabilities which included high yielding ITs/REITs so added to the fall and IMO the fall was overdone which is why so many are being wound down. In time more will go to PI etc, the market will become smaller, interest rates will reduce and the good quality high yielding ITs/REITs SP will rise and while we wait for either wind downs or the rise being well rewarded with high yields.

Another well run high yielding company I have is DUKE, also taken a position in ENOG, well run great yield and SP should recover if ME tensions reduce.

As I am sure you know a lot high quality companies with low SP to chose from.

Trek

"There are many quality IT’s at c 40% NAV discount with a track record of well covered and increasing double digit yields across diverse sectors."

Like you the main thrust of my new investments are in ITs/REITs with large discount to NAV concentrating on the ones either in wind down or likely to be in wind down, getting well paid with dividends while waiting for the pot of gild over the rainbow when the liquidated funds are returned.

AimMaster2018

I think you are correct, however the main thing now are the cuts/savings enough to counteract the overall loss of contracts and add enough to the bottom line to stem the losses and perhaps give some small profit.

Snooz

Thanks for the info, can get U3O8 price from here now, looks like YCA did not test this change before taking it live.

Tmnky

I tend to agree that Oakbloke has better analysis but he has been saying for quite a time 2 of the O&G shares I have are undervalued and are a bargain but still they go nowhere or down.

Jim800

Tend to agree about Malcy he reports on 3 of my worst performing shares DEC, KIST and SQZ saying how good they are, however KIST and SQZ have been destroyed by EPL and he does not take into account EPL may get worse.

For Oakblock and Malcy "Next Year Rodney We'll Be Millionaires" comes to mind.

TheTrotsky

This what I am looking for, my calculation is 3.22% return for hopefully 6 months giving 6.654% car or perhaps more if deal completed quicker, I am using surplus money (not large enough amount to make it worth while buying a new share position) in my ISA and SIPP which is paying 2% or less and dropping and the next dividend will be paid to me. The next best investment for short term money I use is Lyxor Smart Overnight Return (CSH2), been getting around 5.5% less dealing chargers, need to be in for a few weeks to just to cover spread. This share does not have stamp duty and has a tight spread so not much costs and also been using free trades. Hopefully should rise towards takeover date and so can get out with profit if I want too but certainly not planning to do so.

Not a huge profit but better than nothing, also there is a very small chance of an increased offer.

Also if outside ISA or SIPP you get capital gain instead of interest, which is useful if below CGT thresh hold or if you have CGT loses and does not take you to higher paid tax level. You can do the same Lyxor Smart Overnight Return if you sell before 31 Oct as this is the reporting date for interest and you can rebuy after.

Can't help wonder if this is a play by the BOD to crash the SP so it can be taken private at a pittance and then brought back to the market in a few years time with much larger valuation.

Magoo79

IMO the best low risk plays in the short to medium term are ITs and REITs being wound down or taken over, take a look at ASLI, ARES, ADIG, API (almost gone), BBGI, HEIT, GRIO, RESI. Been adding to all of these on dips except GRIO and looking to get into GRIO if/when it dips or good news. These are all good companies but just too large Discount to NAV, also have INPP, SEQI, HICL, TRIG, SUPR, LMP, SHED, BBOX, AGR, PHP, SREI and UTG all trading well below NAV with good yields, some may get wound down which gives a good capital gain, BBOX looks interesting as it is planning new buildings specifically built for AI which gives higher returns than normal warehouses.

Done well at of wind downs/takeovers so far PSSL,RDL, EPIC, API, BCPT.

Saying all that I still think DUKE is a a good investment.

All the investments I mentioned should do very well as interest rates are reduced.

"Look at rr and what happened after rights."

This is not RR and they operate in almost completely controled/regulated environment with high risk of political interference, IMO CPI rise in dividends for years to come after they have been reduced is poor. For me REITs like SUPR with yields over 9% which is very likely to rise every year and decent chance of some capital gains are better options, also possibility of another rights in a few years if tighter pollutions regulations introduced. However will take up my rights as shares probably depressed because of selling of rights and then see what happens, CGT loses may come in useful especially after hikes by this government.

If you are looking at a short term play take a look at BBGI, I bought in yesterday at £1.43 and there is an agreed cash takeover at £1.475.

MrG123

You me and a lot of other investors probably including some if not all of the companies that got shares as part of the acquisitions therefore I think it is going to be a long time especially because the acquisition shares which is a huge amount of the share capital.

However I suspect if SP climbs much Rusty will repeat history find a way to get more debt, dilute shares more, lie and buy something else.

I suspect we are stuck for a long time or take losses.

Disappointing day again, NY could not hang on UK gains but I guess UK is becoming more irrelevant.

Now cant get U3O8 from YCA website, tried Chrome and another browser. I get

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US$0.00/lb U3O8"

Not a good time to lose this after being blocked by Numerco.

Oldbutnowisa Thanks for the info

Just bought some BBGI at £1.43 including costs, just need to wait to find out timescales now.

Already have INPP and HCIL, who know may get lucky with one of these, the odds must have increased after this.

Latest in many take over/liquidations I have been involved in as SP well below NAV, so far PSSL, RDL, EPIC, BCPT, API all turning a profit.

Just bought some at £1.43 including costs, just need to wait to find out timescales now.

Already have INPP and HCIL, who know may get lucky with one of these, the odds must have increased after this.

Latest in many take over liquidations I have been involved in as SP well below NAV, so far PSSL, RDL, EPIC, BCPT, API all turning a profit.

Shares are exchanged, info from II corporate action

"0.1285 new Depositary Interests (DIs) in International Paper Company in exchange for each existing DS Smith plc share held"

They are in my II account and IWEB account ticker is IPC and can be seen at

https://www.londonstockexchange.com/stock/IPC/international-paper-company/company-page

But I cant find them in Google or Yahoo finance yet.

I think you using the same Spill Chequer as me.

Given it is said to be 97% chance of a rate reduction I think this is already factored in, what is said by the monetary policy committee on future guidance may help also if anyone votes for a 0.5% reduction.

Lots of Buying today, either someone is building a position because they just like look of it or news has leak on a sale, looks more like a leak, hopefully get some good news soon.