Spear REIT (JSE: SEA)

12.95 now, that's the move.

12.95, that's lekker!

12.95, that's a decent pop today

13.09 now. Nice seeing some green.

13.09 now, up over 2%. Lekker.

13.09 now, moving up nicely.

13.10, nice move. Green day for SEA.

13.10 now, that's the spirit.

SEA at R12.97 is trading at a reasonable yield for a retail REIT, but the consumer goods exposure worries me given the margin pressure we've seen across that sector. Revenue growth has been flat and that's not the kind of tailwind you want backing a yield play in this rate enviro

SEA up 1.27% to R12.75, but the dividend yield is the real question here given the property sector volatility and rising rates. At these levels the payout looks stretched relative to the balance sheet risk, so I'm holding my position but not chasing higher.

SEA down 1.52% to R13.00 today, but the consumer goods REIT space is still under pressure with inflation eating into tenant margins. Might be a buying opportunity if distribution yield holds above 8 percent, otherwise there's more room to fall.

SEA down 0.60% today but the yield's still compelling at current levels if they hold distributions. Revenue growth's been patchy though, so I'd want to see the next quarterly before adding more weight to this position.

SEA getting hammered but the dividend yield is still lekker at these levels if the portfolio holds. Issue is retail property is properly stressed, tenants struggling with load-shedding costs and foot traffic down. Reckon need to see the next earnings call before touching it again, distributions might get cut.

SEA's been under pressure, sitting at R13.51. retail property cycle is rough right now with tenants struggling, but the yield on these reit properties is still solid if you can stomach the volatility. reckon it depends whether you think the load-shedding chaos gets worse for the mall anchors or if we're near the bottom. could be a patient money play.

Pulled the latest financials, rental collections still holding up ok

Look at where retail REITs were trading 3-4 years ago versus now, SEA got hammered with the load-shedding mess and tenant stress but the asset base is still there. Property always comes back, especially when you're sitting on decent locations. Can't fix stupid if you're panic selling at R13.51 when the yield on this thing is actually decent.

SEA down 0.77% to R12.90, which is eish given property fundamentals remain under pressure across the board. Trading at a discount to Fourways and Hyprop but dividend yield looks stretched unless they can stabilize tenant quality in that consumer exposure.

The 2.69% pop on Spear today feels like capitulation buying rather than fundamental repricing, particularly given that REITs are still pricing in rates staying elevated when the market's already front-running cuts. Before chasing this momentum, someone needs to explain why distri

SEA down 2.08% this morning, eish. Anyone still holding or did you jump ship with the retail sector feeling the pinch lately?

SEA's modest uptick to R1293 reflects the market's cautious stance on retail REITs, though the flat directional bias suggests investors are still pricing in structural headwinds from e-commerce displacement rather than recognizing any fundamental improvement in distribution logis