looks like a meaningful breakout to me
Attachment 12433
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looks like a meaningful breakout to me
Attachment 12433
Very Nice graph.
If the 10 year increases to 2% and above then there might be another sell off.
Sell Off?.. BUY Friday there on the NZX.
Is Mr B a Buyer?
With competition for land in the next decade at the intersection of transport, housing and agriculture; will land values continue to rise and the NTA of the likes of GMT, ARG and KPG continue to increase.
Mr B will not doubt be pleased with his portfolio additions performance today.
My fellow directors would be very pleased im sure if a trade for ARG went through at 50 dollars.
Very solid result and nice dividend lift for FY22. NTA up very strongly. Net distributable income up 13% WOW !! (although was assisted with one-off gain on Albany of $4.5m but nonetheless a very strong gain). Net distributable income per share up 13.1%; WOW.
Most of all, we remain focused on growing sustainable distributions to shareholders in line with our company purpose."
Note to other CEO's...this is what shareholders really want to read and is a very refreshing change from the almost endless rantings of some other companies about diversity and inclusion, cultural sensitivity and all sorts of other politically correct nonsense.
Lot to like...I will look for opportunities to buy significantly more at or slightly below NTA which is now $1.53. I will strongly back companies that haven't forgotten their primary purpose for existence, that are managed very well and are on compelling metrics.
http://nzx-prod-s7fsd7f98s.s3-websit...406/346272.pdf
yes I really like that they highlight distributable income.
while property reval gains mostly come , sometimes they go.