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#1 new john

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Posted 23 June 2020 - 10:32 AM

https://www.moneyweb...year-dividends/
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#2 new john

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Posted 05 June 2020 - 10:37 AM

Spreading some risk with CSPROP and STXPRO. Can’t help but feel there’s a long way up with property sector.
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#3 Shi

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Posted 29 May 2020 - 12:20 PM

MSCI index changes for 29 May

 

I believe that RDF is also falling out of the JSE Top 40 as well.


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#4 Bullhunter

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Posted 28 May 2020 - 03:13 PM

 

RDF has written off goodwill so the NAV of R8+ is all bricks and mortar. It's a steal. Wasn't even trading at the current price 20 years ago.

 

EPP was the first in the stable  to with hold the divi after announcing it was going to pay it (RDF owns 48% of EPP).

 

Unlike S.A., Poland's economy was in a good state prior to their lock down and was not as adversely effected by Cov-19 as other European countries. According to the European Commission, Poland will cope with the fallout of the coronavirus crisis better than any other economy in the European Union.

 

Mals opened on the 27th April, kindergartens reopened from May 6. Hair dressers and restaurants are opening on 18 May, though strict hygiene rules will be in force.

 
EPP's NAV=1.32€. The dividend  it's with holding amounts to an annualised 37% (in Rand terms). In a 0.25% environment (Europe), that's a once in a life time opportunity to buy a Rand hedge, dirt cheap..

 

 

Unemployment not expected to be effected  as a result of the epidemic.

 

Relaxing face mask rules, reopening theatres, gyms.

The European Commission on Wednesday unveiled a EUR 750 billion proposal to prop up economies battered by the coronavirus.

 

Of this, Poland will receive EUR 63.8 billion(R1.2 trillion Rand for 37 million people versus R500 billion for 58 million South Africans) in grants and loans amid the pandemic, the third-highest amount in the bloc, after Italy and Spain.


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#5 Shi

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Posted 27 May 2020 - 08:37 AM

MSCI index changes for 29 May

 

 

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“One day Alice came to a fork in the road and saw a Cheshire cat in a tree. Which road do I take? she asked. Where do you want to go? was his response. I don't know, Alice answered. Then, said the cat, it doesn't matter.” - Lewis Carroll

#6 new john

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Posted 21 May 2020 - 02:35 PM

Will be good to see where it tips out at before the end of the week.
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#7 Shi

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Posted 21 May 2020 - 02:17 PM

Rdf getting klapped last mnth or so.... Huge volumes trading. Bottom price?

 

Wow, what a turn around. From around 180, it is at 240 now.


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#8 Bullhunter

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Posted 14 May 2020 - 06:45 PM

RDF has written of goodwill so the NAV of R8+ is all bricks and mortar. It's a steal. Wasn't even trading at the current price 20 years ago.

 

EPP was the first in the stable  to with hold the divi after announcing it was going to pay it (RDF owns 48% of EPP).

 

Unlike S.A., Poland's economy was in a good state prior to their lock down and was not as adversely effected by Cov-19 as other European countries. According to the European Commission, Poland will cope with the fallout of the coronavirus crisis better than any other economy in the European Union.

 

Mals opened on the 27th April, kindergartens reopened from May 6. Hair dressers and restaurants are opening on 18 May, though strict hygiene rules will be in force.

 
EPP's NAV=1.32€. The dividend  it's with holding amounts to an annualised 37% (in Rand terms). In a 0.25% environment (Europe), that's a once in a life time opportunity to buy a Rand hedge, dirt cheap..

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#9 new john

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Posted 11 May 2020 - 03:30 PM

Yip, it does look like the market doesn't like their recent set of results. One would have hoped that the news of economies around the world starting to open up, would be good news for property companies. Too soon to call a bottom for RDF as the trend still seem to be down for them.


Averaging in here. I’d hoped the suspension of dividends was baked in to the price that I entered in to.

I suspect lot has to do with the banks getting knocked back today.
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#10 Shi

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Posted 11 May 2020 - 11:58 AM

Rdf getting klapped last mnth or so.... Huge volumes trading. Bottom price?

 

Yip, it does look like the market doesn't like their recent set of results. One would have hoped that the news of economies around the world starting to open up, would be good news for property companies. Too soon to call a bottom for RDF as the trend still seem to be down for them.


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“One day Alice came to a fork in the road and saw a Cheshire cat in a tree. Which road do I take? she asked. Where do you want to go? was his response. I don't know, Alice answered. Then, said the cat, it doesn't matter.” - Lewis Carroll

#11 Lionelza1

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Posted 11 May 2020 - 09:37 AM

Rdf getting klapped last mnth or so.... Huge volumes trading. Bottom price?
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#12 Shi

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Posted 30 April 2020 - 10:08 AM

Couldn’t resist a dip in RDF. 2.20. Future dividends of +- 40c. Why not.

 

Nice one. You're already in the green (at 238). It is going to be interesting to hear what commentary (on how things are currently) comes out on Monday with their results.


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“One day Alice came to a fork in the road and saw a Cheshire cat in a tree. Which road do I take? she asked. Where do you want to go? was his response. I don't know, Alice answered. Then, said the cat, it doesn't matter.” - Lewis Carroll

#13 new john

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Posted 29 April 2020 - 05:08 PM

Couldn’t resist a dip in RDF. 2.20. Future dividends of +- 40c. Why not.
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#14 Shi

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Posted 28 April 2020 - 04:27 PM

Any views on when will be a good time to get back into property stocks?


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“One day Alice came to a fork in the road and saw a Cheshire cat in a tree. Which road do I take? she asked. Where do you want to go? was his response. I don't know, Alice answered. Then, said the cat, it doesn't matter.” - Lewis Carroll

#15 Goliath

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Posted 19 September 2018 - 08:47 AM

seems growthpoint in the big twang now.

Another resilant?

 

Hopefully not..


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#16 Polly

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Posted 17 September 2018 - 10:43 AM

seems growthpoint in the big twang now.

Another resilant?


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#17 Goliath

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Posted 18 August 2018 - 12:12 PM

Thanks Goliath. Your views are always appreciated.

Just wondering what's your current view on the bigger property stocks (growthpoint, Redefine, Investec, Hyprop). Maybe good to include one or more of them in one's property portfolio, to enhance the quality and better diversify. Your thoughts?

Decided to move all into cash - as being in the propert industry we are noticing lots of people starting to sell their property investments due to landgrab fears among other things.. buyers market at the moment, so will hopefully get a bargain or two. (famous last words)


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#18 Spree

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Posted 08 June 2018 - 07:59 AM

Well I'm prepared to take the risk, can't predict what the future will holds but tough to ignore them at their current yields and levels.. and if this land grab thing eventually goes through (hopefully not) it will also have an impact, just my opinion.. good luck!


Thanks Goliath. Your views are always appreciated.

Just wondering what's your current view on the bigger property stocks (growthpoint, Redefine, Investec, Hyprop). Maybe good to include one or more of them in one's property portfolio, to enhance the quality and better diversify. Your thoughts?
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#19 Goliath

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Posted 06 June 2018 - 08:51 AM

Thanks Goliath. Certainly, Rebosis is one to look at. Also, you had mentioned Texton earlier, which also looks quite attractive at the moment, and has UK exposure( if it's something one wants at the moment), whereas some of the others are solely SA focused.

Quite a few of these smaller counters are offering very high yields at present. My concern is whether these yields are sustainable going forward, and why they seem to be so unloved by the market that they are trading at significant discount to NAV!

 

Well I'm prepared to take the risk, can't predict what the future will holds but tough to ignore them at their current yields and levels.. and if this land grab thing eventually goes through (hopefully not) it will also have an impact, just my opinion.. good luck!


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#20 Spree

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Posted 05 June 2018 - 02:49 PM

Between the lot at current prices go for Rebosis, low vacancies with excellent dividend yield (that kept growing despite current climate) and some good safety if you look at their NAV of share VS share price.. my opinion :)


Thanks Goliath. Certainly, Rebosis is one to look at. Also, you had mentioned Texton earlier, which also looks quite attractive at the moment, and has UK exposure( if it's something one wants at the moment), whereas some of the others are solely SA focused.

Quite a few of these smaller counters are offering very high yields at present. My concern is whether these yields are sustainable going forward, and why they seem to be so unloved by the market that they are trading at significant discount to NAV!
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