Jump to content


Photo
- - - - -

Delta Property Fund


  • Please log in to reply
108 replies to this topic

#41 Lionelza1

Lionelza1

    Sage

  • Members
  • PipPipPipPipPipPip
  • 1,487 posts

Posted 03 May 2019 - 10:57 AM

see my comments to them....and i never ever pumped it...said it as it was....
u see the spite....from PS thread they come here to attack...shows what little they know about investing and trading...They want to now wait 3 years for the PS to recover with all their monies/capital tied up...Here within 4 weeks we make more on dlt and eoh...well i i should say!!


Yup I've been watching.... Over invested explains they arrogance and attitude and I was getting caught up in it

Can spot a con just by reading between the lines... Can spot a pro too

Keep up ur good work in this forum

Sent from my BLA-L29 using Sharenet Sharechat mobile app
  • 0

#42 Polly

Polly

    The Oracle

  • Banned
  • PipPipPipPipPipPipPipPip
  • 2,401 posts

Posted 03 May 2019 - 10:46 AM

Awesome well played P.... See it touching the 2.50 mark.... Wonder where's the critics now eh

Sent from my BLA-L29 using Sharenet Sharechat mobile app

see my comments to them....and i never ever pumped it...said it as it was....

u see the spite....from PS thread they come here to attack...shows what little they know about investing and trading...They want to now wait  3 years for the PS to recover with all their monies/capital  tied up...Here within 4 weeks we make more on dlt and eoh...well i i should say!!


  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#43 Lionelza1

Lionelza1

    Sage

  • Members
  • PipPipPipPipPipPip
  • 1,487 posts

Posted 03 May 2019 - 10:38 AM

yeah heavily over exposed..brings my cost handsomely below R1.80 for remainder


Awesome well played P.... See it touching the 2.50 mark.... Wonder where's the critics now eh

Sent from my BLA-L29 using Sharenet Sharechat mobile app
  • 0

#44 Polly

Polly

    The Oracle

  • Banned
  • PipPipPipPipPipPipPipPip
  • 2,401 posts

Posted 03 May 2019 - 10:32 AM

Oh OK 20%

yeah heavily over exposed..brings my cost handsomely below R1.80 for remainder


  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#45 Lionelza1

Lionelza1

    Sage

  • Members
  • PipPipPipPipPipPip
  • 1,487 posts

Posted 03 May 2019 - 10:31 AM

Oh OK 20%
  • 0

#46 Lionelza1

Lionelza1

    Sage

  • Members
  • PipPipPipPipPipPip
  • 1,487 posts

Posted 03 May 2019 - 10:30 AM

Glad I heard u on this one P... Am up 36%....u selling at 2.50?
  • 0

#47 Polly

Polly

    The Oracle

  • Banned
  • PipPipPipPipPipPipPipPip
  • 2,401 posts

Posted 03 May 2019 - 10:19 AM

Hey, but the dividends are great - :blink: - the tenants top class  :unsure: - and the share price going up if you stand on your head and look at the charts  :o

 check now....up another 12% today!!!!

 

selling 20%  of my stock here @ 2.50

 

cost R+-2.04


  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#48 Polly

Polly

    The Oracle

  • Banned
  • PipPipPipPipPipPipPipPip
  • 2,401 posts

Posted 02 May 2019 - 04:08 PM

 up another 12% today..  :blink:  :wacko:  :o  :D  :D  :D

,make that 15%... :)  :)  :)


  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#49 Polly

Polly

    The Oracle

  • Banned
  • PipPipPipPipPipPipPipPip
  • 2,401 posts

Posted 02 May 2019 - 02:23 PM

buyer for a million shares at R2.20 on board....im still holding...will sell first trench( 20%) at 2.50 to bring my average down below 2.00


  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#50 Polly

Polly

    The Oracle

  • Banned
  • PipPipPipPipPipPipPipPip
  • 2,401 posts

Posted 02 May 2019 - 12:33 PM

Hey, but the dividends are great - :blink: - the tenants top class  :unsure: - and the share price going up if you stand on your head and look at the charts  :o

 up another 12% today..  :blink:  :wacko:  :o  :D  :D  :D


  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#51 Lionelza1

Lionelza1

    Sage

  • Members
  • PipPipPipPipPipPip
  • 1,487 posts

Posted 30 April 2019 - 04:10 PM

now up 13%... yayyyy  im finally green!!!!!!!!!!!!!!!!!

 

lol good one P 


  • 0

#52 Polly

Polly

    The Oracle

  • Banned
  • PipPipPipPipPipPipPipPip
  • 2,401 posts

Posted 30 April 2019 - 03:48 PM

now up 13%... yayyyy  im finally green!!!!!!!!!!!!!!!!!


  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#53 Lionelza1

Lionelza1

    Sage

  • Members
  • PipPipPipPipPipPip
  • 1,487 posts

Posted 30 April 2019 - 10:01 AM

Good volumes too
  • 0

#54 Polly

Polly

    The Oracle

  • Banned
  • PipPipPipPipPipPipPipPip
  • 2,401 posts

Posted 30 April 2019 - 09:41 AM

at last...up 8% today... :)

 

once above my average cost ill start disposing....overexposed here badly!!


  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#55 Polly

Polly

    The Oracle

  • Banned
  • PipPipPipPipPipPipPipPip
  • 2,401 posts

Posted 29 April 2019 - 01:58 PM

lol yea....good news tho P

yeah very good,,,think all the leases will be signed overt time...senseless paying higher rentals for same property without leases...and thats what this ANC govt is doing....eish...we taxpayers paying that higher rentals ultimately..


  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#56 Lionelza1

Lionelza1

    Sage

  • Members
  • PipPipPipPipPipPip
  • 1,487 posts

Posted 29 April 2019 - 01:47 PM

no price reaction yet... :ph34r:  :angry:

 

lol yea....good news tho P


  • 0

#57 Polly

Polly

    The Oracle

  • Banned
  • PipPipPipPipPipPipPipPip
  • 2,401 posts

Posted 29 April 2019 - 01:43 PM

no price reaction yet... :ph34r:  :angry:


  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#58 Polly

Polly

    The Oracle

  • Banned
  • PipPipPipPipPipPipPipPip
  • 2,401 posts

Posted 29 April 2019 - 01:34 PM

Delta Property Fund Limited
(Incorporated in the Republic of South Africa)
(Registration number 2002/005129/06)
Share code: DLT
ISIN: ZAE000194049
REIT status approved
(“Delta” or the “Company”)

UPDATE ON SIGNIFICANT LEASE RENEWALS WITH STATE OWNED ENTERPRISES

Shareholders are advised that Delta has concluded two significant
leases with State Owned Enterprises (SOEs), namely Eskom and SARS,
for a total gross lettable area of 21,259 sqm.

The properties are:
- 5 Simba Road, Sunninghill, a 5,253 sqm property occupied by Eskom,
renewed at R85/sqm for a three year lease period; and
- SARS Bellville, Cape Town, a 16,006 sqm property renewed at R100/sqm
for a five year lease period.

The Company anticipates further lease renewals and will keep the
market informed accordingly.


  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#59 Polly

Polly

    The Oracle

  • Banned
  • PipPipPipPipPipPipPipPip
  • 2,401 posts

Posted 18 April 2019 - 12:13 PM

base building here..

 

 

from a tweet :

 

A more speculative small cap REIT is Delta Property Fund. It trades at a 80% discount to NAV.
 
The reason for the discount is very short term leases from government, although they've been concluding 5-year leases recently (see this morning's SENS).
 
At the trading update on 28 February, they disclosed a LTV of 44%, so they're still within loan covenants. According to CFO, valuations already discount the anticipated negative reversions on government leases.
 
Investec has recently been building a stake at higher levels than the current price below R2.
 
Delta has guided for lower distributions this year. One of the main reasons for this is very high, punitive interest rates on their loans due to the short WALE (duration) of leases. Hopefully this will change with longer term leases.
 
If Delta can sign more 5-year leases, you're looking at a 20% yield for next few years with 6.5% escalations every year.
 
I have factored in that Delta might retain a portion of distributable income (could be as high as 25%) for building improvements (they have old B and C grade buildings). This will keep LTV ratio at current levels (no need for borrowing).
 
Delta has valued their buildings at cap rates between 11% and 12%, and based on anticipated reduced lease renewals from government. This seems fair, or at least fair enough not to warrant a 80% discount..
 
 
so someones thinking like me... :)
 
I see lots of value and dividend returns here...not immedicate but over the next few years!!

  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#60 Polly

Polly

    The Oracle

  • Banned
  • PipPipPipPipPipPipPipPip
  • 2,401 posts

Posted 15 April 2019 - 02:14 PM

thats my sens out on Friday....own over 5% of company  :ph34r:

 

 

i wish... :D

 

 

building a nice base.....no guarantee it will shoot the lights out yet....


  • 0

Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”






Sponsored by Sharenet and VPSNine Linux VPS Hosting