2Yr·

Store is taken off the stock exchange. Too bad actually. The title ran for several months with me in the savings plan. Now I have to look for something new, but the +20% is of course welcome.

What now? @Simpson

Screenshot: SeekingAlpha

22 Comments

Divmann@Divmann

2Yr

Are you selling directly now? Waiting doesn't really do anything anymore, does it?

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How$y 🗽@Howsy

2Yr

@Divmann Good question. As soon as I have found something new, I will sell. I'll wait until then.

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Outstanding@McChampion

2Yr

@Divmann One more dividend will be paid before the share is delisted. That's why I'm still waiting.

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Divmann@Divmann

2Yr

@McChampion Good point, I'll think about it again myself

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Saschko@WarrenamBuffet

2Yr

@Divmann also face the decision to hold or sell

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Cathy@Cathy

2Yr

@Divmann Isn't it worth at least taking the dividend with you? It's due in September.

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Divmann@Divmann

2Yr

@Cathy To be honest, this is my first takeover of a share, I sold directly today. You don't know whether the shareholders will accept it or whether the bidders will back out again or whatever... But as I said, I don't know much about that either. No investment advice

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How$y 🗽@Howsy

2Yr

@Divmann... or the offer will be improved 😜 I will sell at the end of the year if at all, depending on how things look with my loss pot. I also need to find a replacement first.

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Divmann@Divmann

2Yr

@Howsy Well, I'm ahead of you there. Gazprom and Lukoil have filled my loss pot to the brim

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olafs@WKN

2Yr

@Divmann
You cannot offset Gazprom and Lukoil losses with stocks like Store Capital (i.e. a REIT).

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Divmann@Divmann

2Yr

@WKN You're right, just checked. Stupid.

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Dividende > Zinsen@GoDividend

2Yr

Ohh. Can someone explain to me the further procedure if one holds shares here?

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Outstanding@McChampion

2Yr

@GoDividend Shareholders vote in favor of the sale --> share is derecognized in Q1 2023 and you receive USD 32.25 per share.
Shareholders vote against the sale --> Everything remains as it is - the share will probably fall in the short term.

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How$y 🗽@Howsy

2Yr

@GoDividend the share is derecognized on day x and you receive the 32.25$ per share.

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Dividende > Zinsen@GoDividend

2Yr

@Howsy @McChampion great then sit back, relax and wait.

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olafs@WKN

2Yr

I'm holding until next year for derecognition, so I still get a dividend and my tax-free allowance kicks in again at the beginning of next year.
If I sell now, I have to pay tax. (also note the different tax pots for Reits and ordinary shares)

And perhaps the offer will be adjusted upwards...
Otherwise, I also think it's a shame that StoreC is going off the stock exchange.

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Vik@Vik1337

2Yr

What a pity. I have switched to Stag Industrial

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Wealthy@Wealthy1

2Yr

Now I understand why Buffett sold his store position.

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Homer@Simpson

2Yr

Thanks for the Info☺️👍, too bad I actually wanted to expand further, well then the money will just be distributed to other Reits 😁

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How$y 🗽@Howsy

2Yr

@Divmann... or the offer will be improved 😜 I will only sell at the end of the year, if at all, depending on how things look with my loss pot. I also need to find a replacement first.

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Dividende4me@DividendenDepot

2Yr

It's a great pity that STOR is being delisted. I actually put it in my portfolio as a long-term dividend investment. Considering selling now at +20% perhaps not wrong. With the market as it is, yesterday's gains could be gone quickly and then you can get back in.

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kai90@kai90

2Yr

@DividendenDepot I also prefer to sell now at +20% - who knows what will happen

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