CSR's Property Division could unlock exceptional value, page-49

  1. 4,244 Posts.
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    AHG bad result isn't a surprise so you might be ok, they came out with a warning earlier this month as no doubt you know. It's also not a surprise that their div is on hold, I think that's good management because they've got massive debt and significantly slowing earnings as new car sales drop nationally. They've got some ok assets but the problem is now is possibly the worst time to be selling, they aint gonna get good offers in this environment one would think. It's definately one to avoid, I'm not a fan of this stock at all but wish you best of luck.

    VHY too thinly traded for my liking, can't even get any company research on it in Westpac. I don't mind divs if I need to hold a stock but I more try and look for undervalued companies who have been hammerred and I believe have great turnaround potential. At the moment I hold BEN, BOQ & GXY (this last one is a spec stock, not blue chip).

    BOQ is a ripper - go for it I reckon!
 
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