PICTON PROPERTY INCOME LTD (PCTN) — Investor Presentation

Investor webinar replay

Replay transcript excerpt

Good morning, and welcome to the PCTN PROPERTY INCOME INVESTOR PRESENTATION. Throughout today's recorded presentation, investors will be in listen only mode. Questions are encouraged and can be submitted at any time via the Q and A tab situated on the right hand corner of your screen. Simply type in your questions and press send. Before we begin, I'd like to submit the following poll. I'd now like to hand you over to Michael Morris, CEO. Good morning, sir. Morning, and thank you everyone for dialing in and listening to our update presentation for the quarter to December this morning. For those that don't know me, I'm Michael Morris. I'm the chief executive at PCTN. And I'm Sarah Johnson. I'm the chief financial officer. Thank you. So in terms of today, this is quite a short update, a quarterly update for the period. Sarah will talk to the financial results. I'll give some thoughts on The UK property market by way of background, and then we'll dive into, the portfolio, the activity, and then give some, thoughts on Outlook where we're focused, etcetera. And then there'll be the opportunity as indicated for q and a after that. So moving on to the financial update. In terms of the highlights for the quarter, we've continued to see positive earnings and positive total return for the three months and nine months period. And, really, there's been a continuation of the themes that we talked about at the interims in terms of continued valuation movements and accretion through our share buyback program. So for the nine months, we're reporting profit after tax of 22,500,000 and a total return of 5.3%. From an earnings per share perspective, our earnings per share for the nine month period were 3.1p. We saw an increase in the last quarter, which is pleasing to see that we're in ...