NSR 0.00% $2.48 national storage reit

NSR - Some action here, page-2

  1. 31 Posts.
    NSR say the acquisitions will be neutral to FY18 underlying EPS and accretive in the first full year of ownership. So the effect on current Share Price and Dividend will be minimal apart from the fact that shares are being sold at 5% discount. However, given the recent reduction of SP from 1.64 this discount may have already been factored in by those who might know about a pending placement.
    I don't think it will have any material effect on SP in the short term, particularly as FY18 EPS guidance is unchanged at 9.6-10.1 cents per stapled security.
    I will be taking up the maximum $15,000 of shares under the Security Purchase Plan. The Company pays a good dividend (5.87% ) and I expect a steady increase in EPS and SP (up 11% in the past 9 months, although still below it's high of $1.85 in April 2016).
    Overall, I rate the Company as solid and relatively unexciting but it's a good income stream and over time should have a reasonable capital appreciation.
 
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Last
$2.48
Change
0.000(0.00%)
Mkt cap ! $3.467B
Open High Low Value Volume
$2.52 $2.52 $2.48 $8.894M 3.567M

Buyers (Bids)

No. Vol. Price($)
2 48061 $2.47
 

Sellers (Offers)

Price($) Vol. No.
$2.49 92703 4
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Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
NSR (ASX) Chart
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