Kool Keith
04 Oct 2017
Re: question Thanks for the reply, understand/knew about the 90% payout which is why I'm thinking there could be another issue probably this year but not checked current spend rate from last issue.Do you think there will be demand for more shares from the big boys(and girls) and do you think will be 2017?
TX2
04 Oct 2017
Re: question While REITs have the advantage of paying no tax on their net property income;they also have the disadvantage from the business point of view that they are required to pay out not less than 90% of their net property income.This means that they have very little cash remaining to expand their business without raising additional funds.As it is in the advantage of the managers to expand the business I think it likely there will be additional fund raising as long as institutional demand for shares continues......
Kool Keith
03 Oct 2017
question Does anyone think there'll be a new share issue this year?Thinking of topping up but always mindful there might be another share issue soon with them making the recent purchase unsure what cash they'll have left for their next couple of buys.Any thoughts?
TX2
21 Sep 2017
Re: Impact of int rates on yield ? Over the last six months gross rental income was just over £49m;interest cost on borrowing around £7.5m in same period.I think we are paying around 3% interest.Gearing is fairly low presently there is an advantage in borrowing as the cost of borrowing is less than the rental return of the property which is likely to be around 5%.Higher interest rates tend to reduce capital value of property as buyers seek a pro rata increase in yield to compensate but as yet interest rate rises mooted are very small.
sage in the hills
21 Sep 2017
Impact of int rates on yield ? Key Takeaways From the September Fed MeetingShare On Facebook Print Harriet Torry Federal Reserve officials didn't raise short-term interest rates Wednesday, but a December increase remains on the table. Meanwhile, the central bank said it would initiate in October its long-telegraphed plan to shrink its securities holdings. Here are key takeaways from the Fed's two-day policy meeting:Looking to DecemberThe Fed's summary of economic projections suggests officials are still on track to raise short-term interest rates once more this year, most likely at the Dec. 12-13 meeting when Chairwoman Janet Yellen will hold her next press conference. The Fed meets again Oct. 31-Nov. 1, but no press conference is scheduled then. Fed officials expect to raise rates three more times next year, a forecast unchanged from when they last submitted economic projections in June. Officials lowered their median forecast for the path of rates in 2019: They now expect two rate increases that year, down from three. Officials expect rates to rise once in 2020.Trending Lower for LongerFed officials brought down their expectation for where they see interest rates settling in the longer run, to 2.75% from an earlier forecast of 3%. The drift downward reflects a lowering in officials' view of the so-called neutral rate, an underlying interest rate that is consistent with the economy operating at its full potential and expanding without overheating. Ms. Yellen told reporters that "because the neutral rate currently appears to be quite low by historical standards, the federal-funds rate would not have to rise much further to get to a neutral policy stance."Will She Stay or Will She Go?Ms. Yellen is keeping her cards close to her chest regarding what she think about her future as her term as Fed chairwoman ends Feb. 3, 2018. She reiterated Wednesday that she intends to serve out her current term, but said, "I'm really not going to comment on my intentions beyond that." She told reporters that she hasn't had a meeting with President Donald Trump since the early days of his presidency. The two have met just once, for about 15 minutes, in the Oval Office in February. Mr. Trump has said he is considering renominating Ms. Yellen, but that he is considering others for the post as well.Roll On the RolloffThe Fed in October will initiate its long-telegraphed plan to shrink the portfolio of bonds acquired after the 2008 crisis. That means the Fed will end its practice of fully reinvesting the principal payments of maturing bonds into new bonds and instead allow $10 billion in holdings to roll off without reinvestment every month. Those amounts will increase by $10 billion each quarter to a maximum of $50 billion from October next year. "Our balance sheet is not intended to be an active tool for monetary policy in normal times," Ms. Yellen emphasized Wednesday, adding that "we therefore do not plan on making adjustments to our balance-sheet normalization program."Sticking to Its GunsWith the rolloff of its holdings ready to start, Ms. Yellen said there is now "a somewhat high bar to resume reinvestments," and only "a material deterioration in the economic outlook" would prompt the Fed to consider such a move. "It will be up to future policy makers to decide in the event of a severe downturn whether they think it's appropriate to again resort to adding assets to a balance sheet," she said.Write to Harriet Torry at [email protected] (END) Dow Jones NewswiresSeptember 20, 2017 18:55 ET (22:55 GMT)Copyright (c) 2017 Dow Jones & Company, Inc.SAGE
Kool Keith
18 Aug 2017
Re: IC only for subscribers Lateriser
lateriser
18 Aug 2017
Re: IC Article here[link]
Kool Keith
18 Aug 2017
IC I don't buy the IC so can't copy the article but looks like BBOX is there main tip or should I say 1st tip in this weeks edition.I've been in from the start and will probably continue to purchase when they do the offers.If there is a subscriber or reader out there can they give so bullet points from the write up?
Floatingboater
14 Jun 2017
Re: New Shares Thanks Davey. You may be right about the Open offers and Rights issues but i bought my original holding at the October 16 IPO and got a "Contract note & Tax Invoice" then. I'll ask ii what thier policy is.
Davey Baby
13 Jun 2017
Re: New Shares You never get contract notes for open offers, rights issues or IPOs from any broker, as far as I'm aware.
Floatingboater
13 Jun 2017
Re: New Shares Just as an aside, did anyone get a contract note with the Open offer of 1 for 11? i'm with ii and i didn't.
seadoc
01 Jun 2017
Re: New Shares Thanks Philip,I got 4725 of 6183, so 76.42% and I got my refund at same time as dividend for previous holding. Obviously screen has changed, did they put the excess put not allocated shares as a holding on the master portfolio? Should have done a screen shot. But no complaints (other than the little one that the excess was to round up total number of shares to a whole thousand or ten).Regards,Seadoc
PhilipJD
22 May 2017
Re: New Shares I am with Barclays, applied for 2,638 of excess and received 2,135, Makes 80.9%. Seems higher than other folks that are with Barclays which I do not understand. Still waiting for return of money for remaining 503 shares. PJD
Davey Baby
22 May 2017
Cash refund I thought I would you let know that my account (with A J Bell) has been credited with the refund due from the scaled back applications today (rec'd by broker today from Tritax).So hopefully anyone else waiting for their refund should get it soon.
strapuk
19 May 2017
Re: New Shares FWIW I recd 76.7% of the applied for Excess shares via II. Cash difference was credited same day as shares allocated.
