yorkists
27 Jan 2015
some huge O trades today unusual pattern, chance the data is wrong also.
PJ Foster
26 Jan 2015
Re: PID Clawback As well as HSTN, I also hold BLND in an iii ISA. PID has always been paid same day as dividend for me.Cheers,
wangbaudan
26 Jan 2015
Re: PID Clawback I had a bit of bother with iii on another REIT which I hold, though this was swiftly resolved. On hstn last time round they paid out the PID on the same day as the div. Impressive. Worth keeping an eye on though.
Broncomaniac
25 Jan 2015
PID Clawback I noticed a few mentions about making sure your provider claws back the PID for you. There are also many comments from people with iii accounts. Can anyone confirm if I buy some HSTN in my iii ISA, will they claim back the PID on my behalf?Thanks, BM
wangbaudan
24 Jan 2015
Re: HSTN buying time There are all kinds of nasty things round the corner apart from Euro exchange rate. The poss of Syrizia doing well in the Greek elections tomorrow and deciding to default on their debts, leading to a "Grexit" (having just been included in the QE deal) - was enough to cause a stock market panic last time it looked likely a few years ago. And closer to home, how about the prospect of a Milliband/Sturgeon coalition in a few months time? Think I'd emigrate to Greece!Don't like to sound too gloomy, but think it is time to sit back and watch.
Greyinvestor
24 Jan 2015
Re: HSTN buying time I can't see this exuberance lasting either, but then it's QE driven. Who knows.......Last time the market dropped heavily, HSTN didn't. It's good enough for me. The biggest risk is the Euro exchange rate. 1.08 to 1.30 in a year or so is pretty nasty. I'll just ride it out with HSTN.
yorkists
23 Jan 2015
Re: HSTN buying time well they didn´t underwhelm, and yet HSTN hasn´t responded as many have, BLND keeps piling on its PE multiples here.....nothing..........so have bought in at 109.3 and will buy more, cannot see this exuberance lasting more than another week??
Greyinvestor
21 Jan 2015
HSTN buying time HSTN shares seem to dip around June, presumably in a dead period for dividends......
Greyinvestor
21 Jan 2015
Re: The market in general Just remembered that I do have a few SGRO still, now + 60% to 70% - bonkers! Pity I sold a lot of them.....
yorkists
20 Jan 2015
Re: The market in general that´s been a good debate today, very useful. After another rise I have probably missed yet another boat, so I will spend the next week regretting it before finally swallowing my pride and buying in at probably 120+...........to then see an immediate fall back to 104. And do the cycle continues.Except, back on planet Earth, it´s a fair bet that the reality will not match the hype, the ECB will underwhelm and hopefully shares will over-correct and if so surely HSTN will be an ideal candidate to buy on the move, maybe sub 105. I´m ready!
wangbaudan
20 Jan 2015
Re: The market in general GI, Thank you for the useful link. I value your posts, as I believe it was one of them that first drew my attention to SGRO, which has since been very kind to me and my wider interest in REITs grew from there. You advise "DYOR". and I agree with that too and all serious investors do that to some extent or other. However, there are times when gut instincts sound their clarion call more loudly than brain cells and I find myself there now.I am now also about 30% in cash overall, transferring money from SIPP drawdown to ISAs gradually in amounts to avoid higher rate of tax. I am also not a regular trader but shall be selling more now as my fear gradually overtakes my greed!Best wishes and good luck
Greyinvestor
20 Jan 2015
The market in general Just commenting on the market in general, in my view markets are absurdly overvalued and this is a time to be extremely defensive.This is a useful link;[link] up to about 30% cash in my SIPP. I'd invest every penny if I could find anything at a fair price, but I can't. I expect to be 50% cash by mid summer.With my personal non-pensions stuff, I need the income, so I'm more like 95% invested, but I would disinvest some if I could. I've certainly considered whether everything is crash resistant. I won't touch anything on a high P/E.
Greyinvestor
20 Jan 2015
Re: P/Es and shorts I would be hesitant to buy at this price, but I'm not so sure about selling right now. I'll probably be proved wrong; I'm a very poor trader, but I think the upcoming dividend plus European QE might give these shares a short term boost. Also if either of the big shorters bails out, they will have to buy shares, pushing the price higher. Just a thought......DYOR
wangbaudan
20 Jan 2015
Re: P/Es and shorts I am also a believer, for the reasons you state and have also had quite a large chunk of my dosh in this and other REITs. Surprising then that, although not a shorter, I have decided to sell out of all of my REITs for the time being, quite a few other investments too. I cannot escape the feeling that, whatever happens to exchange rates and interest rates, there is a bit of a short-term setback coming up after such a healthy spell. I cannot believe there has ever been a time when a forthcoming election is likely to have such an impact, because I cannot recall an election in which there has been so much uncertainty.I hope to come back in either just before XD dates or just before the election, depending on how the wind seems to be blowing. Remember that there is almost always a surge after a general election, whatever the result
Greyinvestor
20 Jan 2015
P/Es and shorts You can find the HSTN short here, and yes, it is high;[link] have slipped to page 2, which is something.On P/Es and yields, HSTN concentrates a lot on Normalised Income Profit. This is recurring profit, and it covers the dividend. This is not true for most REITs, which rely upon rising NTAs or developments to cover the dividend. HSTN invests entirely in light industrial, which I like.Then HSTN makes some trading profit on top. Sometimes quite a lot of trading profit.You can tell from this that I am a believer. They do what I would do if I were running a property investment company. It's why I bought the shares.Risks; currency, interest rates, and finally the fact that HSTN always gets down and dirty. It buys into grubby, unappreciated areas of the industrial market. Which means that it can buy decent stuff for a great price, but it does so in the expectation/hope that the market will recover. For example in Benelux, which most people rate as a bad part of the market.
