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MSP nudging higher at R22.06 on what looks like steady accumulation rather than any catalyst. At these valuations the dividend yield is doing the heavy lifting for income investors, but need to see revenue growth accelerate before getting excited about capital appreciation.
MSP sitting at R22.08 with that yield is getting harder to ignore when you look at the property portfolio they're holding. Dividend stocks don't come cheap in this market and if they keep the distributions steady through the cycle then the long holders will be rewarded, simple as that.
Closed at R22.08 which is still cheap for the yield you're getting on commercial property. Dividend cover looks solid and they've been managing the tenant mix better than before, not sweating the office space stuff like some of the others are. Good day to top up if you believe in the long game here.
msp closing at r22.08 is solid ground. property yields still juicy compared to the rest of the market, especially if they can keep nav steady. big question is whether commercial space keeps getting crushed by remote work or if the fundamentals hold up. long term feels right if you believe sa commercial isn't dead.
MSP closed at R22.08, still sits well below pre-pandemic levels while the div yield is looking tasty. Commercial property getting hammered but if the office leasing market stabilizes even a bit, the upside from here is pretty fat. Patience looks like a real good idea with this one, too many moving parts to rush in but catalysts moving forward around occupancy recovery.
MSP taking a knock today at R20.69, down nearly 2%, but property stocks have been under pressure across the board with the weak rand making offshore debt servicing more painful.
MSP sitting at R21.48 is decent value for a commercial property play in this environment. Yield's solid and the property portfolio's got real legs, especially compared to some of the zombies out there. Good day to top up if you're looking at the longer game, rental recovery should keep feeding the distributions.
MSP sitting at R21.48 is decent value if you look at the yield on those commercial assets. Property trusts got hammered last few years but the rand weakness actually helps when you own SA buildings, tenants gotta pay in rand. Long term play if they keep the vacancy rates under control, that's where it gets sketchy with load shedding killing some office space demand.
MSP off 1% today but the real estate space is still nursing its hangover from rate hikes, so hard to get excited until we see actual earnings growth. Property plays need momentum or yield to justify holding at these levels.
MSP taking it on the chin today with nearly 2% down, though the dividend yield is still sitting pretty at those levels if you're thinking medium-term.
MSP taking it on the chin today at R21.20, down nearly 2.4%. Real estate sentiment remains choppy but the dividend yield is still decent if you're in it for income rather than capital appreciation.
MSP's 0.82% pullback today sits within normal distribution parameters; the real estate sector signal remains dependent on whether we're seeing profit-taking at resistance or fundamental deterioration in embedded value, neither of which is evident from today's single session.
MSP down under a percent today at R2044, which honestly feels like noise given the property cycle we're in. My conviction on the real estate play remains intact despite the daily wobble, though I'm mindful not to oversize it relative to my other holdings when valuations get stret
Mas P.L.C at R2020.00. Price-to-book is starting to look interesting for a MSP entry.
MSP up 0.80% today, that's lekker to see. Every little bit counts when you're building something from R300 a month like me.
The modest 65 basis point appreciation today doesn't reflect the embedded value destruction occurring beneath the surface. MSP's yield compression and rising funding costs in the current rate environment suggest the market is underpricing refinancing risk, particularly given prop
Mas P.L.C's property exposure puts it at an interesting inflection point as water scarcity pressures intensify across South Africa. With the current pullback to R2001, the dividend yield and underlying asset base might offer resilience if commercial real estate reprices downward,
MSP's flatline performance masks a deteriorating interest rate environment that's pressuring cap rates across the commercial portfolio, yet the market seems to be pricing in perpetual stability at these valuations. The embedded value narrative breaks down once you factor in refin
Current R 21,25 — 50% of range
Fundamentals sourced from JSE disclosures. Updated quarterly.