Absolutely loving this one as sold GMT and PCT profit and rolled heavily into this ....
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Absolutely loving this one as sold GMT and PCT profit and rolled heavily into this ....
Yeah, sadly its often the promotors that do the best from these small syndicated property deals.
I topped up with some more ARG today. 5.34% net as a PIE fund = 8% gross for taxpayers on a 33% tax rate. Company is confident of its ability to pay that going forward and term deposit rates for one year are now less than 2% at most banks, less tax.
NTA is $1.30 and I think the current price fairly reflects the risk of tenant defaults and support required.
Not sure if this is the right place to ask:
I bought second ARG parcel on 5 June and settled on 9 June. Record date is 10 June. Why am I not entitled to the dividend on this second parcel?
You are entitled to it. Check your dividend statement which you should have by now and if its not correct take the matter up with the registry at computershare.
Sometimes the parcels dont get registered. I had this problem recently for KMD and the broker made up the difference due to time frames and the registry. Also some reporting from some brokers no longer have the order no in the reports as we had software that tracked the order no.
Yes thank you, you are right. The broker, Directbroking has paid the dividend instead.
This one solders along quietly, up 4 cents today off the back of news of directors accumulating for the second time this month.
http://nzx-prod-s7fsd7f98s.s3-websit...734/326913.pdf
i hope so, wonderful term deposit replacement.