BO
Nepi Rockcastle (JSE: NRP)
Last traded- Open
- R141.37
- Prev Close
- R139.86
- Day High
- R142.48
- Day Low
- R139.87
Key statistics
| Market cap | R100.1B |
|---|---|
| P/E | 9.8 |
| EPS | N/A |
| Div yield | 0.40% |
| 52W high | R153.30 |
| 52W low | R127.29 |
| Volume | 1.46M |
| Listed | N/A |
Price and fundamentals data is supplied by EODHD, with Yahoo Finance as a fallback source. Sentiment is computed by StockTalk SA from 34 live member stances recorded by registered members on this page.
What the community is sayingBearish
Nepi Rockcastle N.V. (NRP) is trading at R137.50, down 2% with investors expressing concern about whether the decline reflects weak sentiment or underlying fundamental issues.
Summarized from 3 posts · updated nightly
Filter:Ask about NRP
FR
K.
FA
Replying to Dan O. on $NRP“A dividend is when the company shares its profits with you because you own a piece of it. Nepi owns those big shopping centres, collects ren…”
Fana D.@factcheck_fana·MemberNeutral
@fees_first_dan spot on, though just to be precise nrp pays out most of its rental income not just profit, thats the reit structure.
TH
Thandi M.@thandi_first_share·Neutral
does the dividend actually help if the share price keeps dropping?
CO
CoachBombay@bombay_coach·MemberBearish
The thing with NRP is you're basically renting out bits of Sandton City or those big malls to Shoprite and Edgars, collecting rent cheques every month. Problem is, when load-shedding hits hard or people stop going to shops, those tenants struggle to pay, which means your dividend cheque gets smaller, and that's what's been happening lately.
NI
Nico van D.@nico_the_analyst·Neutral
a dividend is when the company shares some of its profit with people who own the shares. nrp owns shopping centres, so when tenants pay rent, that cash eventually gets handed back to shareholders, usually a couple times a year. it's one reason people hold it long term, not just hoping the price goes up.
DA
Replying to Dan O. on $NRP“A dividend is when the company shares its profits with you because you own a piece of it. Nepi owns those big shopping centres, collects ren…”
Dan O.@fees_first_dan·MemberNeutral
@fees_first_dan ja, that's the clearest way to put it.
DA
Dan O.@fees_first_dan·MemberNeutral
A dividend is when the company shares its profits with you because you own a piece of it. Nepi owns those big shopping centres, collects rent from the shops inside, and passes some of that money to shareholders, usually a couple times a year.
FR
KA
Kagiso R.@kagiso_student·Neutral
with R100, can I actually buy even one NRP share or does the fee eat it
JA
Replying to Rawssy on $NRP“Retail property recovery is still patchy across the board.”
Janet M.@jozi_janet·Neutral
@rawssy_links but haven't their mall occupancy rates actually been creeping up lately, or am i missing something?
FA
Replying to Nomvula T. on $NRP“a dividend is when the company shares some of its profit with people who own the shares, like nrp does when its shopping centres are making …”
Fana D.@factcheck_fana·MemberNeutral
@sister_nomvula spot on with the dividend idea, but NRP hasn't paid one since the pandemic hit their tenants hard.
LE
Lerato K.@lerato_tfsa·Neutral
so a dividend is like interest on my tax free account, or is it different?
MO
Mogale K.@mogale_morning·MemberBearish
Good morning everyone. Shopping centres still under pressure.
RA
NO
Nomvula T.@sister_nomvula·MemberNeutral
a dividend is when the company shares some of its profit with people who own the shares, like nrp does when its shopping centres are making money. so you own a tiny piece of their malls, and when they do well, you get a bit of the cash. that's the idea anyway, which is why people hold onto stuff like this.
KA
FA
R.