IEF 0.00% 6.6¢ ief real estate entertainment group

any one going to the meeting on the 8th, page-3

  1. 1,528 Posts.
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    Gemmy I put in a number of questions for the meeting, however I wont be able to make the meeting because I am currently living in London.

    I have been buying more IEF recently because of the significant yield.

    I think the share price has been getting battered because the LTV covenants are getting close, however I think we would be the last thing on the banks mind at the moment.

    I think having Orbis on the register is a good thing and I dont think that it will effect the RE at all.

    I think the debt that needs refinancing will be circa 200mil and as such I dont think it will be a big problem.
    Who knows where interest rates will be by the time debt negotiations come around? We may end up with more incremental income due to a drop in the interest rates?

    I think the plan will be to answer a majority of questions at the meeting and then publish the responses.

    Interesting.
 
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