PrefInvestor1
14 Jun 2018
My REIT Alternative Hi @Kool_Keith. Should have left my original limit order in place for FCRE, can buy for just over 100.5 at the moment. Doh !!. Vodafone purchase worked out well though, you cant have it all. Regarding investing.com I take that you have registered and created a portfolio OK ?. Having done so if you type “fundsmith†into the “Add Symbol†box then it will show you a list of everything with fundsmith inthe name, as per the graphic below (I hope) Investing.PNG972x394 39 KB So you will need to look at the list of funds that it displays and pick the one you want. Not sure what the numbers in the name mean, maybe that will help ?. Thing about investing.com is that it has its own names for things, so for example NRR is NRRT. Dont know why they have done that but they have. ATB Pref
Kool_Keith
14 Jun 2018
My REIT Alternative I’m here but only just. This update has screwed up everything for me, I tried to log on Friday to print info off but couldn’t access the site when I could all my ‘other assets & Debts’ (<mortgage balances) have gone, couple of pension funds that I tracked no longer tracks, I (wrongly) used iii portfolio as my 1 stop shop to see what my net worth would be and then take that figure monthly to track…alas no more. I can’t get my head around the boards, I’m getting use to being able to click on your P to try and find post that you’ve done and a few others that I enjoy(ed) reading. I saw your idea on creating bookmarks, very good idea but stubbornly I don’t think people should have to do that (understand why you have). I’ve been trying to follow another topic you’ve been on re investing.com and moneyam etc. I quickly tried adding 2 lots on investing 1 being the fundsmith fund but wouldn’t allow it. Trying to get head around google sheets he say’s banging head against desk. Any way back to your trades, welcome on board the good ship that is FCRE and as for Vod, always bittersweet when a purchase is made at a low price that you are happy to buy at but when already already holding you don’t want it to go through! I wish I had the knowledge on how to create a website that was like the old iii site… think of the ad revenues that would roll in. Will be considering if I should carry on holding my isa/sipp with ii or look elsewhere but for now I’ll sit and suffer in the hope of a miracle and these boards are easier to navigate. Sorry for rambling.
PrefInvestor1
14 Jun 2018
NRR Volatility Returns? Hi All, Well I see that it got down 275.x this morning. Recovered to 283.x as I write this. Really not sure what makes this REIT so volatile, but the results would seem to clearly support a 29x share price and the dividends are good and well covered. Think I might set a limit order to buy at about 270 (the low end of the range) and see what happens. That about where I sold out last time. Personally just bought into FCRE this morning a far more stable REIT, but with a mnuch lower yield. ATB Pref
PrefInvestor1
14 Jun 2018
My REIT Alternative Hi KK, If you are still using these boards that is ?. Think many have left, which is sad. I have picked up FCRE at 101.15 this morning, didnt quite manage 101 but it will do. Quite close to the bottom of the 52 week range which is 99-109. Also my VOD limit order at 185 got filled this morning. Bit sad that really as I didnt really want any more VOD and have only bought as I think that at this level I need to average down. ATB Pref
TX2
08 Jun 2018
Re: From Land Securities' CFO I note that NRR has converted around 20 of their pub sites acquired from Marstons into Coop Convenience stores;the advantage of many of these sites is that they have car parking space.
Guitarsolo
07 Jun 2018
From Land Securities' CFO "Martin Greenslade is the chief financial officer of Land Securities, the UK's largest commercial property owner.Following the release of House of Fraser's store closure plan, he acknowledged the UK High Street is facing problems but added: "Retail isn't dead, it's just going to evolve"."You either have to provide convenience, so somewhere to get something relatively quickly, or you have to provide an experience with good food, great stores and a really pleasant environment. And that, we think, will continue to fare well, in fact to thrive."That's exactly NRR's strategy! Convenience stores and destination malls......and pubs which if they fail as a pub can be turned into residential property I hope.Guitarsolo
Greyinvestor
07 Jun 2018
Re: This I like... My concern is that if interest rates rise the valuation of properties will decline, even if the income stays constant. This is because of the valuation mechanism, which is based around interest rates.I’m still a holder. If these guys can earn 12% and add value, there is money to be made.The shorters are still in, but when they close their positions, the price will rise. Finally, I wouldn’t expect the share price to grow too much because of the link to NTA. All in all a strong hold for me, I have a large position in this and PCA, plus a very small one in Intu (up on my purchase price!). I was an early investor in HSTN, but sold out recently.
Guitarsolo
07 Jun 2018
Re: This I like... Agree Grey, If you look at the income numbers, they are very impressive. Occupancy is high, yield is high, LTV is low, rents are (apparently) affordable etc. My one concern is that the bigger NRR gets the more likely it will become to copy the big boys (e.g. HAM, INTU) and be trading at a significant discount to the NAV. I presume that is the plan of the shorters. Still, after buying too early (again!), I would be prepared to add for the income which I view as pretty solid. Nobody likes to see their capital erode but it will likely come back because at the end of the day, everyone needs income!Guitarsolo - middle sized holdings in NRR and RGL as my REITS
Greyinvestor
07 Jun 2018
This I like... This strategic acquisition means that we have invested over £150 million so far in 2018 across our core sectors of community shopping centres, retail parks and community pubs, at an attractive blended initial yield of 12%, demonstrating our disciplined approach to capital allocation.
PrefInvestor1
05 Jun 2018
O/T: My REIT Alternative - KK Hi Again KK,Well FCRE were trading at 103.26 (Buy) this morning when I did a dummy trade. So with 1.25 off for XD they might get down to 102 I guess. Was really hoping for 101 I confess. Just have to wait and see.....ATBPref
Kool Keith
05 Jun 2018
Re: My REIT Alternative - pref Sorry Pref, I admit it's such a small holding it was/is a buy and leave it alone, one of the reasons why I put it in my wife's Isa.Isn't always the case, small holdings do the best I think it's trading at discount to NAV, hope you get your entry price as long, as it's not too low for current holders.
PrefInvestor1
04 Jun 2018
Re: My REIT Alternative - KK Hi KK,Doh !. Now you tell me, after I’ve pored over about 50 or 60 REITs looking for suitable replacements !!.Seriously though sounds good and makes me even more committed to proceed. Lots of big name backers I note from the prospectus and I like the fact that they have a range of different types of property industrial, offices as well as retail.Just need to get in at a good price now !.ATBPref
Kool Keith
04 Jun 2018
Re: My REIT Alternative - pref I'm in (or wife is) fcre and have been for 4 years only a small holding but including dividend reinvestment currently up more than double on initial investment.Slow and steady all the way.
PrefInvestor1
04 Jun 2018
My REIT Alternative Hi All,After much searching I am homing in on FCRE as my replacement REIT having sold out here. Quite a bit smaller, more diverse in its holdings and much more stable in its SP movements. Yield is lower, FCRE is a smidge less than 5% (NRR 7.5% I think). But Ill take less for boring and predictable, which the charts would seem to indicate. FCRE range over the last 12 months 99-109p. NRR range also over 12 months 265-365p. Bit of a difference !.I might consider buying back in here if the price drops back towards 270 as it has recovered well on the recent results. I suspect it will probably operate in a range something like 270-300 (approx NAV ) from hereon in, but that is TBC. However all that said I really dont like either the big volatility or the big exposure to retail.Hoping to get into FCRE for < 101 on XD this Thursday. Limit order set.Still have a limit order set on PCA but I dont see this dropping to a price I am prepared to pay for it. So I suspect that probably isnt going to happen.ATBPref
devonplay
31 May 2018
TR Prop Preliminary Results "As I commented earlier our traditional retail exposure in the UK, for almost the entire period, has been through Capital & Regional and NewRiver Retail, as opposed to Intu and Hammerson. " - always an interesting read.DL
