i agree with this. when is the question.
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Most property stocks had a big bounce from mid afternoon which will help the figures
Weekly update:
Attachment 14200
Kpg 10% yeild. Sustainable?
I’m not sure what thread I posted it in, but the KPG divi is distorted due to timing of moving from half yearly to quarterly payments (so currently it includes 2 half year payments and one quarterly payment in the official gross dividend yield calculation, essentially 5 quarters instead of 4). Actual ongoing yield is closer to 8% (which is indeed sustainable).
The newly updated seismic hazard model that GNS put out the other day has put shock waves through building owners in places like Wellington ….one or two apparently use the word dire.
There are three major known active faults in the Waikato, and there are 53 Auckland volcanoes considered the most volcanic city in the world.
Here is a bit more for anyone interested:
three large active faults... in the Waikato region:
The Kerepehi Fault - extending along the Firth of Thames and the Hauraki Plains.The Rangipo Fault - on the eastern side of Mount Ruapehu.The Wairoa North Fault - running along the Bombay Hills north-east of Mercer.
Weekly Update:
Attachment 14228