RFF - Rural Funds Group
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Garpal Gumnut
Ross Island Hotel
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Interesting. For no good reason this mob came in to my thoughts over breakfast.
Can you summarise or spend a mad minute to get me up to speed.
gg
- Joined
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well apart from being a glorified landlord dressed as a REIT , there isn't much to say
they buy farmland and lease it out , sure they lease some the SHV , ( maybe still some to TWE )
they lease out to macadam growers , some graziers , SHV ( which mostly grows almonds ), and more recently to small crop farmers
one would think the leases would be longer than the average retail space , so that might be a bonus , RFF pay 3 monthly divs ( which is what attracted me early )
all the joys of a REIT bundled with the uncertainty of weather events and commodity markets ... but then folks have to eat
i was buying in the $1.50 to $1.85 range , it will have to do more to tempt me to add above $1.85 , but it is only modestly liquid $1.80ish might happen sooner rather than later
about half the holding participates in the DRP .. and RFF sits in the bottom drawer , slowly growing , and i would rather invest here than office space
they buy farmland and lease it out , sure they lease some the SHV , ( maybe still some to TWE )
they lease out to macadam growers , some graziers , SHV ( which mostly grows almonds ), and more recently to small crop farmers
one would think the leases would be longer than the average retail space , so that might be a bonus , RFF pay 3 monthly divs ( which is what attracted me early )
all the joys of a REIT bundled with the uncertainty of weather events and commodity markets ... but then folks have to eat
i was buying in the $1.50 to $1.85 range , it will have to do more to tempt me to add above $1.85 , but it is only modestly liquid $1.80ish might happen sooner rather than later
about half the holding participates in the DRP .. and RFF sits in the bottom drawer , slowly growing , and i would rather invest here than office space
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@debtfree
that time of the month for me
still neither fish ( deep enough underwater to lure me to add ) nor fowl ( flying high enough to tempt me to add more )
am currently up about 9% on this
boring but trickles in some cash each quarter and the laggard in my pursuit of four greens in the yearly comp.
good luck in the comp. everyone .
that time of the month for me
still neither fish ( deep enough underwater to lure me to add ) nor fowl ( flying high enough to tempt me to add more )
am currently up about 9% on this
boring but trickles in some cash each quarter and the laggard in my pursuit of four greens in the yearly comp.
good luck in the comp. everyone .
