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Sirius Real Estate (JSE: SRE)
Last traded- Open
- R19.46
- Prev Close
- R19.49
- Day High
- R19.72
- Day Low
- R19.46
Key statistics
| Market cap | R31.0B |
|---|---|
| P/E | 6.6 |
| EPS | N/A |
| Div yield | 0.33% |
| 52W high | R24.55 |
| 52W low | R18.93 |
| Volume | 1.77M |
| 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 48 live member stances recorded by registered members on this page.
What the community is sayingBearish
Investors expressed concern about Sirius Real Estate (SRE) declining nearly 2% to 19.35, with discussion around the extent of potential losses from current price levels. The mood was negative, focusing on the sharp drop in stock price without clarity on the underlying cause.
Summarized from 4 posts · updated nightly
Filter:Ask about SRE
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Replying to Thandi M. on $SRE“so if SRE drops below 20, is that when you're supposed to buy more?”
swordfish@swordfish_sa·Neutral
SRE needs a Springbok forward pack mentality, just keep shoving.
AY
Replying to Thandi M. on $SRE“so if SRE drops below 20, is that when you're supposed to buy more?”
Ayesha P.@dividend_mum_ayesha·Neutral
@thandi_first_share depends if you believe in the dividend and can hold for years. I buy when price drops because the payout per share stays the same, so you get more income for your money.
TH
Replying to Thandi M. on $SRE“so if SRE drops below 20, is that when you're supposed to buy more?”
Thandi M.@thandi_first_share·Neutral
@thandi_first_share ja, that makes sense to me too
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Thandi M.@thandi_first_share·Neutral
so if SRE drops below 20, is that when you're supposed to buy more?
SA
Replying to Franco C. on $SRE“SRE's sitting at 19.62, just shy of that 20 level. The thing is they own warehouses across Europe and rent them out, so when logistics compa…”
Sakhile N.@uncle_sakhile·Neutral
@franco_cape ja, that's the whole thing. if the warehouses stay full, the rent comes in. if they empty out, you're holding a building that costs money to keep.
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mumu@mumu_data·Neutral
Good Morning Everyone. Sirius is a company that buys big warehouse buildings across Europe and rents them out to logistics companies, then pays shareholders a slice of that rent money as a dividend. That's how industrial REITs work, they're basically landlords that have to share their profits with you.
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Frans B.@firsttime_frans·Neutral
bought 100 shares at 19.62, is that lekker or am i supposed to wait for 20?
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Franco C.@franco_cape·MemberBearish
SRE's sitting at 19.62, just shy of that 20 level. The thing is they own warehouses across Europe and rent them out, so when logistics companies need space they get paid. Question is whether enough people believe European warehousing stays in demand with all the economic noise.
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Bayman@bayman_jse·Neutral
Ja, good day to top up. European warehouse space is tight right now, helps their rental income.
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Bongani Z.@bongani_crypto_curious·Neutral
if it hits 20, do I get paid anything or is that just the share price going up?
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Replying to Sakhile N. on $SRE“19.67, knocking on 20's door now.”
trpine@trpine_patient·MemberBullish
20 is proper resistance, we've tested it a few times. But the European logistics space is tight right now, everyone needs warehouses, so long as they keep finding decent deals this holds up.
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mumu@mumu_data·Neutral
Good Morning Everyone. SRE's a landlord, ja, collecting rent from companies that need warehouse space across Europe, so when online shopping stays busy those tenants keep paying and SRE passes some of that to you as a dividend. That's the whole idea, really.
SA
Replying to EasyStreet on $SRE“All my SRE is red at the moment. It's basically a landlord for warehouses across Europe, so you make money if companies keep needing space t…”
Sakhile N.@uncle_sakhile·Neutral
@easystreet_jse ja, that's the worry. Landlord business works until rates bite and tenants get squeezed, then suddenly that rent doesn't cover the debt anymore.