Sage
Posted 20 March 2019 - 08:40 PM
thanks S...saw it now...knew something was up....knee deep with this one...and big strain on my portfolio....avergae cost +-R3.00 now..going to double up now @ R2.00 friday and get average to 2.50
DPW’s stated intention is to renew all expired leases by 31st March 2019.
Ho so this is where you run around!! Hah
Advanced Member
Posted 20 March 2019 - 08:20 PM
thanks S...saw it now...knew something was up....knee deep with this one...and big strain on my portfolio....avergae cost +-R3.00 now..going to double up now @ R2.00 friday and get average to 2.50
DPW’s stated intention is to renew all expired leases by 31st March 2019.
The veteran made a mistake 
The Oracle
Posted 20 March 2019 - 05:51 PM
Getting there. See SENS.
thanks S...saw it now...knew something was up....knee deep with this one...and big strain on my portfolio....avergae cost +-R3.00 now..going to double up now @ R2.00 friday and get average to 2.50
DPW’s stated intention is to renew all expired leases by 31st March 2019.
Edited by Polly, 20 March 2019 - 05:52 PM.
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
Master
Posted 20 March 2019 - 05:47 PM
some action last hour or so...has those leases been finally signed??
Getting there. See SENS.
The Oracle
Posted 20 March 2019 - 03:25 PM
some action last hour or so...has those leases been finally signed??
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
The Oracle
Posted 13 March 2019 - 12:43 PM
sad part is.... they charging the govt depts a higher rental on a monthly tenancy than what they will pay if lease signed....This is how out taxpayers monies are wasted...
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
The Oracle
Posted 13 March 2019 - 12:42 PM
possibility of leases to be signed by end of this month.....If done expect a swift recovery..If not more pain!!
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
Master
Posted 13 March 2019 - 12:10 PM
https://www.business...er-three-years/
The company paid relatively high interest rates on the debt it raised compared with its peers in the listed property sector, because it was unable to provide clear lease profiles to banks.
Master
Posted 13 March 2019 - 11:57 AM
The Oracle
Posted 04 March 2019 - 02:37 PM
divi wil be about .76 % of +-40c..and then payout they say will be about 75% of that with tax implication
so expect final divi about +-31c...going forward if govt does not sign leases , this can only get worse as loan to book at about 43% and will increase...cost of debt all increasing too...so no guarantee of future payout being maintained....now saying govt will decide by end of this month...has been going on for last 12 months
sorry final divi should be around +-26c
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
The Oracle
Posted 04 March 2019 - 02:22 PM
Been watching this on the way down...think it's way overdone but that's just me....
My reasoning is they have R535ish million income some of which will be a divi & 715ish million shares in issue.
Interim divi was about 39c so final could be around 30c & you can pick up some today for around R2
divi wil be about .76 % of +-40c..and then payout they say will be about 75% of that with tax implication
so expect final divi about +-31c...going forward if govt does not sign leases , this can only get worse as loan to book at about 43% and will increase...cost of debt all increasing too...so no guarantee of future payout being maintained....now saying govt will decide by end of this month...has been going on for last 12 months
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
The Oracle
Posted 04 March 2019 - 02:02 PM
long story here S..
Mr M never wrong hay...
keep away for moment...will post later tonight..
i did ass today at 2.00 though...but deep in kuk with this one
im in from R6.00..added at R5.00 R4.00 R3.00 and today R2.00
average R3.50
share has lost 66% in last 3 weeks....value destruction by Govt...
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
The Oracle
Posted 04 March 2019 - 02:00 PM
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
The Oracle
Posted 04 March 2019 - 01:57 PM
Been watching this on the way down...think it's way overdone but that's just me....
My reasoning is they have R535ish million income some of which will be a divi & 715ish million shares in issue.
Interim divi was about 39c so final could be around 30c & you can pick up some today for around R2
Mr Market never wrong so what am I missing here...?
Anyone else on this...?
long story here S..
Mr M never wrong hay...
keep away for moment...will post later tonight..
i did ass today at 2.00 though...but deep in kuk with this one
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
Sage
Posted 04 March 2019 - 01:18 PM
Been watching this on the way down...think it's way overdone but that's just me.... 
My reasoning is they have R535ish million income some of which will be a divi & 715ish million shares in issue.
Interim divi was about 39c so final could be around 30c & you can pick up some today for around R2
Mr Market never wrong so what am I missing here...?
Anyone else on this...?
Anyone need a heads up...!
The Oracle
Posted 10 December 2018 - 10:39 AM
Despite reduced dividend and government tenants this must be on almost 20% yield. Worth the risk? Any views?
im loading big time on every dip...bought some this morning as well.,,,,,However property not the space to be at the moment...but if u want to hold for 2 yrs min will pay off
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”
Member
Posted 10 December 2018 - 10:14 AM
Despite reduced dividend and government tenants this must be on almost 20% yield. Worth the risk? Any views?
