James Treanor

Trade Accountant at Glencore, Switzerland. Dabble in athletics and connoisseur of the social scene. Like to travel and eat.

[Dividend Growth Investor @DividendGrowth]

I love this so much

[Finding Compounders @F_Compounders]

Don’t sell

[Johnny Caldwell @Johnny_Caldwell]

☘️ St Patrick’s Church of Ireland Cathedral in Armagh lit up in green tonight to mark St Patrick’s Day & surrounding celebrations… 🤓 ☘️

[Cathal Dennehy @Cathal_Dennehy]

Three into two was never going to go in the men's 3000m final at the nationals - and now selectors have been left with a headache ahead of World Indoors.

Report from day two in Abbotstown: https://t.co/NrVfVzfMF9

[Interesting things @awkwardgoogle]

Never forget when this BBC wildlife crew broke their "no intervention" rule to save these trapped penguins 🥹❤️

[Cahair O'Kane @CahairOKane1]

Laithróidi 🫡

[Barry McGuigan @ClonesCyclone]

This place is extraordinary, if you’ve never visited Keem Bay
Achill Island Co Mayo Ireland then make time and go see it as soon as you can. Its beauty will stay with you forever, mark my words.

[Arda @arda_sl_]

Thanks for the comment, fair point on the structural constraints. The 85% payout rule does limit buyback flexibility.

That said, I still think the thesis is mainly about the assets. The three catalysts I’m watching are:

they’re selling units at roughly a 25% premium to book, there’s a 19% reversion gap once the resets flow through and rates are coming down.

On insider ownership, I normally want real “skin in the game,” but in a hard-asset setup like this I’m less concerned. The downside is limited by the assets themselves.

And just to be clear, I’m not suggesting buy or sell, I’m simply laying out the risks and the opportunity.
hope you enjoyed the article.

[James Treanor @treanoj3]

@arda_sl_ Assets provide great downside protection. Investors will just need patience with the rent reversions as these will take time to flow through. Possible low liquidity in the share turnover / trading may not help either.

[James Treanor @treanoj3]

@arda_sl_ Low insider ownership, cap on rental increases and uncertainty over regulation not helping either.

[James Treanor @treanoj3]

@arda_sl_ Buying WELL below replacement cost, great location, nearly full occupancy, demand supply equation etc. Pity they couldn’t reduce the dividend and go on a buyback spree! Inability to use balance sheet equity for financing a problem too (low share price & 50% LTV).

[David Kass @DrDavidKass]

Only 2 stocks (Nvidia +30.3%) and (Alphabet +63.4%) of the Magnificent 7 have outperformed the S&P 500 year-to-date (+16.1%).

[NorthernSound News @NewsonNS]

'End of an era as the Northern Standard to cease operations'

https://t.co/LpDP6KE1kp

[@monaghangaa @monaghangaa]

. @GreenfieldFoods SFC 2025 Semi Final
Full Time in Clones
@ScotstownGAA : 2-15 (21) (2-3-9) Up 6
@clontibretclg : 1-12 (15) (1-2-8)

Scotstown reach the SFC final for the 13th year in a row

[James Treanor @treanoj3]

@ahamilton077 @clubber @clubber same issue!

[James Treanor @treanoj3]

@treanorg @clubber @monaghangaa @clubber same issue!!!

[James Treanor @treanoj3]

@DonalQuigley74 @clubber @clubber same issue!!

[Rory Cassidy @rorycassidy01]

Quite the ten days or so for @irishathletics 🤩

🥇🥈 World University Games
🥇🥈🥈🥉🥉 European U23’s
🥉🥉🥉🥉 European Youth Olympics

11 medals making their way home ☘️

@IrishRunnerMag

#IrishAthletics