Dividend StabilityRent collection difficulties with My Space and Parasol, which significantly impacted the rent roll, have kept the dividend flat since FY22.
EarningsEarnings downgrade is linked to unresolved issues with My Space and Parasol homes being re-rented at lower rates.
Financial PerformanceSOHO shares are trading at a significant 42% discount to NTA, much lower than the sector average, highlighting undervaluation concerns.