My name is Bond James Bond
11 Dec 2015
Trading well below NAV This property trust is now trading at a 7.5% discount to the last reported NAV which is unusual for a property trust and unusual for UKCM which also is among the lowest geared for the sector. Yet sellers are still appearing. Strange. Wonder if the fund managers are going to launch a share buy back programme or make a tender offer for the shares to improve/enhance ratios and NAV per share. Shares are tightly held by a few big institutional holders so little liquidity and I guess that a few trades can have a significant impact on the market. But even so a 7.5% discount and a covered yield from rental income currently at 4.6%.....Regar
Eadwig
14 May 2015
Ex div today 0.92pps as per stated policy. If that continues each quarter in the sustained way the cut to this level was supposed to allow, that is a yield of over 4% p.a. at today's price of 89p. Pretty attractive, given that at least some growth in the sp is also fairly likely, and could be relatively significant as the economy recovers further.
II Editor
05 Feb 2015
NEW ARTICLE: Trends and Targets for 6/02/2015 "UK COMM PROP (LSE:UKCM) Â is managing to track ahead of the market. While its share price volatility isn't the most exciting, it has tended prove reliable over the years. In the event of the share trading above 92.65p, we tend expect near term ..."[link]
