Edition:
United Kingdom

Octodec Investments Ltd (OCTJ.J)

OCTJ.J on Johannesburg Stock Exchange

1,899.00ZAc
11:50am GMT
Change (% chg)

36.00 (+1.93%)
Prev Close
1,863.00
Open
1,900.00
Day's High
1,910.00
Day's Low
1,899.00
Volume
55,524
Avg. Vol
120,670
52-wk High
2,345.00
52-wk Low
1,665.00

Latest Key Developments (Source: Significant Developments)

Octodec Investments FY HEPS 223.4 Cents
Monday, 22 Oct 2018 

Oct 22 (Reuters) - Octodec Investments Ltd ::2.6% LIKE-FOR-LIKE GROWTH IN RENTAL INCOME FOR YEAR (FY2017: 5.3%).203.4 CENTS PER SHARE DISTRIBUTED FOR YEAR (FY2017: 203.1 CENTS).R29.39 NET ASSET VALUE PER SHARE FOR FY (FY2017: R29.33).FORECAST DIVIDEND FOR YEAR ENDING 31 AUGUST 2019 EXPECTED TO BE SIMILAR TO DIVIDEND FOR YEAR ENDED 31 AUGUST 2018.ANTICIPATE ANOTHER CHALLENGING YEAR IN 2019, WHICH WILL IMPACT ABILITY TO DELIVER GROWING DISTRIBUTIONS.DISPOSAL OF NON-CORE OR UNDERPERFORMING PROPERTIES WILL REMAIN A KEY FOCUS AREA FOR FORESEEABLE FUTURE.OBJECTIVE FOR 2019 FINANCIAL YEAR IS TO CONSOLIDATE ITS PORTFOLIO.NOT COMMITTED TO COMMENCE CONSTRUCTION ON ANY MAJOR NEW DEVELOPMENTS.FY HEPS 223.4 CENTS.  Full Article

Octodec Investments Sees No Growth In FY Distribution Per Share
Monday, 23 Apr 2018 

April 23 (Reuters) - Octodec Investments Ltd ::OCTODEC INVESTMENTS LTD - DECLARED A DIVIDEND OF 101.7 CENTS PER SHARE FOR SIX-MONTH PERIOD ENDED 28 FEBRUARY 2018.OCTODEC - HY TOTAL REVENUE EARNED ON A CONTRACTUAL BASIS INCREASED BY 3.5% (28 FEBRUARY 2017: 5.3%) AND PROPERTY OPERATING EXPENSES INCREASED BY 2.2%.OCTODEC INVESTMENTS-FORECAST DISTRIBUTION FOR SECOND 6-MONTHS TO AUG 31 EXPECTED TO BE SIMILAR TO DISTRIBUTION FOR 6-MONTH PERIOD ENDED FEB 28.OCTODEC INVESTMENTS LTD - NO GROWTH IN DISTRIBUTION PER SHARE FOR FULL FINANCIAL YEAR IS ANTICIPATED..OCTODEC INVESTMENTS LTD - DISPOSAL OF NON-CORE OR UNDER-PERFORMING PROPERTIES TO REMAIN A KEY FOCUS AREA FOR FORESEEABLE FUTURE.  Full Article

Octodec Investments Entered Property Management Agreement With City Property Administration
Friday, 20 Apr 2018 

April 20 (Reuters) - Octodec Investments Ltd ::OCTODEC INVESTMENTS LTD - ENTERED INTO A NEW ASSET AND PROPERTY MANAGEMENT AGREEMENT WITH CITY PROPERTY ADMINISTRATION PROPRIETARY LIMITED.OCTODEC INVESTMENTS LTD - AGREEMENT REPLACES EXISTING ASSET AND PROPERTY MANAGEMENT AGREEMENT BETWEEN PARTIES WHICH WILL TERMINATE ON 30 JUNE 2018.OCTODEC INVESTMENTS LTD - IN TERMS OF NEW APMA, COMPANY SHALL BE ENTITLED TO APPOINT A FULL TIME FINANCIAL DIRECTOR..  Full Article